Recruitment of 170 Post at NIACL 2024

About The New India Assurance Co. Ltd

The New India Assurance Company Ltd. (NIACL) is a leading public sector general insurance company in India. Established in 1919 by Sir Dorabji Tata, it is one of the oldest and largest general insurers in the country. Headquartered in Mumbai, NIACL operates both domestically and internationally, offering a wide range of insurance products including health, motor, travel, property, and marine insurance.

1. Administrative Officer (Generalist)

Number of Posts: 120
Category-wise vacancy:

  • UR: 50
  • SC: 18
  • ST: 8
  • OBC: 32
  • EWS: 12
  • PwBD: 9

Educational Qualification: A candidate must possess the minimum qualification of a graduate/post graduate in any discipline from a recognised University or any equivalent qualification recognised as such by Central Government with at least 60% marks in either of the degree examination for General candidates and at least 55% marks for SC/ST/PwBD candidates.

2. Administrative Officer (Accounts)

Number of Posts: 50
Category-wise vacancy:

  • UR: 21
  • SC: 7
  • ST: 4
  • OBC: 13
  • EWS: 5
  • PwBD: 4

Educational Qualification: Chartered Accountant (ICAI)/ Cost and Management Accountant (The Institute of Cost Accountants of India, earlier known as ICWAI) and Graduation/Post-graduation in any discipline with min 60% (55% for SC/ST/PwBD)
Or
MBA Finance/PGDM Finance/ M.Com with min 60% (55% for SC/ST/PwBD)

Other Criteria for NIACL Recruitment 2024?

Age Limit: Candidates age must be between 21 to 30 years as on 1st September 2024 .

Age Relaxation: Category-wise age relaxation is as follows

  • SC/ ST: 5 years
  • OBC-NCL: 3 years
  • PwBD: 10 years

Pay scale: ₹ 50925-2500(14)-85925-2710(4)-96765

Application Fee (Non-Refundable):

  • SC/ ST / PwBD: ₹ 100/- (Intimation charge only)
  • Others: ₹ 850/- (Application fee including intimation charges)

Payment mode: Debit Cards (RuPay/Visa/MasterCard/Maestro), Credit Cards, Internet Banking, IMPS, Cash Cards/ Mobile Wallets

How to Apply for NIACL Recruitment 2024?

Interested and eligible candidates may apply online for these vacancy through online mode by visiting official NIACL Recruitment Portal. Candidates may follow below mentioned steps to apply for NIACL Officer Vacancy.

  • Scroll down, go to Important Web-Links section.
  • Click on the “Online Application Form” and complete the registration process by clicking “Register Now”.
  • Fill your all personal and educational details and upload necessary documents.
  • Make payment of application fee as per your category and submit the form.
  • At the end, take a print out of the application form.
Important Dates of NIACL Recruitment 2024
Starting date for submission of online application10th September 2024
Last date for submission of online application29th September 2024
Phase-I Online Examination (Objective)13th October 2024
Phase-II Online Examination (Objective + Descriptive)17th November 2024
Important Web-Links
Online Application10/09/2024
View official AdvertisementClick Here
Official WebsiteClick Here
Selection Process of NIACL Recruitment 2024?

he selection process of New India Assurance Administrative Officer Recruitment consists of following stages –
Phase-I: Preliminary Examination
Preliminary Examination consisting of Objective Tests for 100 marks will be conducted online. This would consist of 3 sections (with separate timings of 20 minutes for each section) as follows:

Section/sMax. Marks
English Language30
Reasoning Ability35
Quantitative Aptitude35
Exam centres in Assam: Dibrugarh, Guwahati, Jorhat, Silchar and Tezpur

Phase – II: Main Examination
Main Examination will consist of Objective Tests for 200 marks and Descriptive Test for 30 marks. Both the Objective and Descriptive Tests will be online. Candidates will have to answer Descriptive Test by typing on the computer. Immediately after completion of Objective Test, Descriptive Test will be administered.
(I) Objective Test: The Objective Test of 2.5 hours’ duration will be as follows. There will be separate timing for every section.

Generalists

Section/sMax. Marks
Test of Reasoning50
Test of English Language50
Test of General Awareness50
Test of Quantitative Aptitude50

Specialist

Section/sMax. Marks
Test of Reasoning40
Test of English Language40
Test of General Awareness40
Test of Quantitative Aptitude40
Technical& professional knowledge40

(ii) Descriptive Test: The Descriptive Test of 30 minutes’ duration with 30 marks will be a Test of English Language (Letter Writing-10marks & Essay-20 marks). The descriptive test will be in English and will be conducted through on-line mode. 

Exam centre in Assam: Guwahati
Phase – III: Interview
Candidates who have been shortlisted at the end of Phase-II will subsequently be called for an Interview to be conducted by the Company. Interview will be conducted at select centres. The weightage (ratio) of online Examination and Interview will be 75:25 respectively.

Final selection
Final selection would be based on consolidated marks of main examination (objective test) & Interview. The final merit list shall be prepared in descending order of the consolidated marks secured by the candidates. Candidates who fall within the number of vacancies in the merit list shall be considered for appointment.

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