New India Assurance Company Ltd NIACL Recruitment-2023 | NIACL Recruitment-2023 | The New India Assurance Company Ltd (NIACL)
Introduction
Are you looking for a rewarding and promising career in the insurance sector? The New India Assurance Company Ltd (NIACL) has exciting news for you! NIACL has recently announced its recruitment drive for various Administrative Officer (AO) positions in 2023. This is a fantastic opportunity for aspiring candidates who wish to work with one of the leading insurance companies in India. In this article, we will explore all the essential details about the NIACL Recruitment 2023, including eligibility criteria, application process, important dates, and much more. So, let’s dive in and discover how you can become a part of this prestigious organization.
Important Dates Of New India Assurance Company Ltd NIACL Recruitment-2023
Important Dates – NIACL Recruitment 2023
| Application Begin | Last Date for Apply Online | Pay Exam Fee Last Date | Phase I Exam Date | Phase II Exam Date | Admit Card Available |
|---|---|---|---|---|---|
| 01/08/2023 | 21/08/2023 | 21/08/2023 | 09/09/2023 | 08/10/2023 | Notified Soon |
Application Fee
| Category | Fee |
|---|---|
| General / OBC / EWS | Rs. 850/- |
| SC / ST / PH | Rs. 100/- |
Payment Mode: The Exam Fee can be paid through Debit Card, Credit Card, Net Banking, or UPI Fee Mode only.
Please note that these dates are subject to change, and candidates are advised to regularly check the official website of the New India Assurance Company Ltd for any updates or changes in the schedule.
Before you proceed with your application, it is crucial to note the essential dates for NIACL Recruitment 2023:
- On-line registration and payment of application fees: 1st to 21st August 2023 (both dates inclusive)
- Phase-I Online Examination (Objective): 9th September 2023 (tentative)
- Phase-II Online Examination (Objective + Descriptive): 8th October 2023 (tentative)
Table of Contents
Eligibility Criteria of New India Assurance Company Ltd NIACL Recruitment-2023
Candidates interested in applying for NIACL AO positions must fulfill the following eligibility criteria:
- For Administrative Officer (Generalist):
- Bachelor’s or Master’s Degree in Any Stream from Any Recognized University in India.
- UR/OBC/EWS candidates must have secured 60% marks, while SC/ST/PH candidates must have obtained 55% marks.
- For Administrative Officer (Risk Engineer):
- BE/B.Tech/Master’s Degree in Engineering with 60% Marks (55% for SC/ST/PH).
- For Administrative Officer (Automobile Engineer):
- BE/B.Tech/ME/M.Tech in Automobile Engineering or Mechanical Engineering with 60% Marks (55% for SC/ST/PH).
- For Administrative Officer (Legal):
- Bachelor’s or Master’s Degree in Law with 60% Marks (55% for SC/ST/PH).
- For Administrative Officer (Accounts):
- Bachelor’s or Master’s Degree in Any Stream with 60% Marks (55% for SC/ST/PH) or Chartered Accountant.
- For Administrative Officer (Health):
- MBBS/MD/MS/PG Medical Degree/BDS/MDS/BAMS/BHMS with 60% Marks (55% for SC/ST/PH).
- For Administrative Officer (IT):
- BE/B.Tech/ME/M.Tech in IT or Computer Science or MCA with 60% Marks (55% for SC/ST/PH).
Vacancy Details of New India Assurance Company Ltd NIACL Recruitment-2023
NIACL has announced a total of 450 vacancies for various Administrative Officer positions. The vacancies are distributed as follows
- Administrative Officer (Generalist) – 120 Posts Administrative Officer (Risk Engineer) – 36 Posts Administrative Officer (Automobile Engineer) – 96 Posts
- Administrative Officer (Legal) – 70 Posts
- Administrative Officer (Accounts) – 30 Posts
- Administrative Officer (Health) – 75 Posts
- Administrative Officer (IT) – 23 Posts
| Post Name | Total | SC | ST | OBC | EWS | UR | PwBD | HI | VI | OC | ID/Mul |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Risk Engineers | 36 | 5 | 3 | 10 | 3 | 15 | 1 | 0 | 1 | 1 | |
| Automobile Engineers | 96 | 14 | 7 | 26 | 10 | 39 | 1 | 1 | 1 | 1 | |
| Legal | 70 | 10 | 5 | 19 | 7 | 29 | 1 | 1 | 1 | 1 | |
| Accounts | 30 | 5 | 2 | 8 | 3 | 12 | 1 | 0 | 0 | 1 | |
| Health | 75 | 11 | 5 | 20 | 8 | 31 | 1 | 0 | 1 | 1 | |
| IT | 23 | 4 | 2 | 6 | 2 | 9 | 1 | 0 | 0 | 0 | |
| Generalists | 120 | 18 | 9 | 32 | 12 | 49 | 2 | 2 | 1 | 2 | |
| Total | 450 | 67 | 33 | 121 | 45 | 184 | 8 | 4 | 5 | 7 |
How to Apply for New India Assurance Company Ltd NIACL Recruitment-2023
Candidates must apply for New India Assurance Company Ltd NIACL Recruitment-2023 through the online mode only. No other means of application will be accepted. To apply, follow these steps:
- Visit the official website of NIACL: http://newindia.co.in.
- Go to the Recruitment section and click on the “NIACL AO Recruitment 2023” link.
- Register yourself and fill in all the required details in the application form.
- Upload scanned copies of your photograph and signature as per the specified guidelines.
- Pay the application fee through Debit Card/Credit Card/Net Banking/UPI Fee Mode.
- Submit the application form and take a printout for future reference.
Sure, here is the information presented in a clear format:
Selection Procedure of New India Assurance Company Ltd NIACL Recruitment-2023
Phase-I: Preliminary Examination
The Preliminary Examination will be conducted online and will consist of Objective Tests for a total of 100 marks. The exam will have three sections, each with separate timings. The details of the sections are as follows:
| Name of Test/Section | Type of Test | Max. Marks | Duration for each test/section (Separately timed) | Version |
|---|---|---|---|---|
| English Language | Objective | 30 | 20 minutes | English |
| Reasoning Ability | Objective | 35 | 20 minutes | English/Hindi |
| Quantitative Aptitude | Objective | 35 | 20 minutes | English/Hindi |
| Total | 100 |
Candidates must qualify in each test/section by securing passing marks, which will be decided by the Company. A sufficient number of candidates in each category (approximately 15 times the number of vacancies, subject to availability) will be shortlisted for the Main Examination.
Phase – II: Main Examination
The Main Examination will consist of Objective Tests for 200 marks and a Descriptive Test for 30 marks. Both the Objective and Descriptive Tests will be conducted online. After completing the Objective Test, candidates will have to answer the Descriptive Test by typing on the computer.
(I) Objective Test: The Objective Test will be of 2.5 hours’ duration and will include separate timing for each section. The details of the sections will be provided during the examination.
Sure, here is the information presented in a table format:
Generalists:
| Name of Test | Type of Test | Maximum Marks | Medium of Exam | Duration for each test/section (Separately timed) |
|---|---|---|---|---|
| Test of Reasoning | Objective | 50 | Eng/ Hindi | 40 minutes |
| Test of English Language | Objective | 50 | English | 40 minutes |
| Test of General Awareness | Objective | 50 | Eng/ Hindi | 30 minutes |
| Test of Quantitative Aptitude | Objective | 50 | Eng/ Hindi | 40 minutes |
| Total (Aggregate) | 200 |
Specialists
| Name of Test | Type of Test | Maximum Marks | Medium of Exam | Duration for each test/section (Separately timed) |
|---|---|---|---|---|
| Test of Reasoning | Objective | 40 | Eng/ Hindi | 30 minutes |
| Test of English Language | Objective | 40 | English | 30 minutes |
| Test of General Awareness | Objective | 40 | Eng/ Hindi | 25 minutes |
| Test of Quantitative Aptitude | Objective | 40 | Eng/ Hindi | 30 minutes |
| Additional Technical Test (Specialist stream) | Objective | 40 | Eng/ Hindi | 35 minutes |
| Total (Aggregate) | 200 |
Descriptive Test for New India Assurance Company Ltd NIACL Recruitment-2023
- Descriptive Test: Duration of 30 minutes, carrying 30 marks, focused on the English Language (Letter Writing – 10 marks & Essay – 20 marks).
- The Descriptive Test will be conducted online and in English.
- Candidates must obtain a minimum score in each section of the objective test to qualify for the Descriptive Test evaluation/interview.
- Evaluation of the Descriptive answer script will only be done for candidates who qualify the objective test.
- Cut-offs for the Descriptive paper evaluation will be decided based on the number of vacancies available.
- Candidates need to achieve a minimum total score in the objective test (main examination) and qualify in the descriptive test for shortlisting for the Interview.
- Qualifying marks for the descriptive test are 15 out of 30 (13.5 out of 30 for SC, ST, and PwBD candidates).
- Descriptive test marks will not be considered for shortlisting candidates for the interview or final selection.
- Penalty for Wrong Answers: One-fourth of the marks assigned to a question will be deducted for each wrong answer in the Objective Tests.
- No penalty will be imposed for questions left blank (unanswered).
Interview
After qualifying the Phase-II Main Examination, candidates will be shortlisted for the interview round.
Final Selection
The final selection of candidates for the Administrative Officer (AO) positions will be based on the consolidated marks obtained in the Main Examination (Objective Test) and the Interview. The merit list will be prepared in descending order of the consolidated marks secured by the candidates. Those who fall within the number of vacancies in the merit list will be considered for appointment. The selected candidates may be appointed in multiple batches as per the company’s discretion, and their seniority will be determined based on the merit/select list.
Basic pay and Salary of New India Assurance Company Ltd NIACL Recruitment-2023
basic pay for the position is Rs. 50,925/- in the pay scale of Rs. 50,925 – 2,500 (14) – 85,925 – 2,710 (4) – 96,765. In addition to the basic pay, the selected candidates will be eligible for other admissible allowances as per the company’s policies and regulations.
Frequently Asked Questions (FAQs) – New India Assurance Company Ltd NIACL Recruitment-2023
- What is the last date to apply for NIACL Recruitment 2023?
- The last date to apply for NIACL Recruitment 2023 is 21st August 2023.
- What is the selection procedure for NIACL Recruitment 2023?
- The selection procedure consists of two phases: Phase-I (Preliminary Examination) and Phase-II (Main Examination). The Main Examination will be followed by an interview round.
- Is there any penalty for wrong answers in the Objective Tests?
- Yes, there is a penalty for wrong answers. For every incorrect answer, one-fourth of the marks assigned to that question will be deducted as a penalty.
- What are the eligibility criteria for Specialist positions in NIACL Recruitment?
- For Specialist positions, candidates should possess specific educational qualifications and technical expertise in the relevant discipline. The detailed eligibility criteria are available in the official notification.
- What is the duration of the Descriptive Test in NIACL Recruitment?
- The Descriptive Test is of 30 minutes’ duration and comprises Letter Writing (10 marks) and Essay (20 marks) on the English Language.
- When will the admit card for the Phase-I Online Examination be available?
- The admit card for the Phase-I Online Examination will be made available on the official website. Candidates should regularly check the website for updates.
- Can candidates from all states in India apply for NIACL Recruitment 2023?
- Yes, candidates from all states in India are eligible to apply for NIACL Recruitment 2023.
- What is the application fee for General/OBC/EWS candidates in NIACL Recruitment?
- The application fee for General/OBC/EWS candidates is Rs. 850/-. For SC/ST/PH candidates, it is Rs. 100/-.
- Is there any age relaxation for reserved category candidates in NIACL Recruitment?
- Yes, age relaxation is applicable as per NIACL’s rules for reserved category candidates.
- What is the Basic Pay for the Administrative Officer (AO) position in NIACL Recruitment?
- The Basic Pay for the AO position is Rs. 50,925/- in the pay scale of Rs. 50,925 – 2,500 (14) – 85,925 – 2,710 (4) – 96,765.
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