New India Assurance Company Ltd (Govt) releases Vacancies for 300+ Officers!!
New India Assurance Company Ltd (Govt) releases Vacancies for 300+ Administrative Officers!!
The New India Assurance Company Ltd., a leading Public Sector General
Insurance Company, invites applications for recruitment of 300 Officers
(Generalists) in Scale I cadre from open market from 1st September 2021 to 21st September 2021.
Nationality
A candidate applying for recruitment in the Company must be either-
(a) a citizen of India, or (b) a subject of Nepal, or (c) a subject of Bhutan, or (d)
a Tibetan refugee who came over to India before 1st January, 1962 with the
intention of permanently settling in India, or (e) a person of Indian origin who
has migrated from Pakistan, Burma, Sri Lanka, East African countries of Kenya,
Uganda, the United Republic of Tanzania, Zambia, Malawi, Zaire, Ethiopia and
Vietnam with the intention of permanently settling in India.
Provided that a candidate belonging to categories (b), (c), (d) and (e) shall be
a person in whose favour a certificate of eligibility has been issued by the
Government of India.
Please note the Important Dates On-line registration and payment of
application fees : 1st to 21st Sept. 2021 (both dates inclusive)
Phase-I Online Examination
(Objective) October 2021 (tentative)
Phase-II Online Examination
(Objective + Descriptive) November 2021 (tentative)
Candidates should apply through On-Line mode only. No other means/mode of
application will be accepted. Please keep referring to Recruitment section of
our website http://newindia.co.in regularly for updates.
Service Conditions
The service conditions will be applicable as per the prevalent rules of the
Company from time to time. Selected candidates on appointment may be posted
or transferred to any place in India as may be decided by the Company as per
requirement. The minimum stay at the initial place of posting will be 5 years.
Probation
A candidate appointed in the Officers’ cadre on regular pay rolls of the Company
shall be on probation for a period of one year from the date of joining the duty.
The probation period may be extended twice by a further period of six months
at a time stretching up to one year.
During the probation period the Officers would be required to pass the non-life
Licentiate Examination conducted by Insurance Institute of India. Only after
passing the said examination the Officer will be eligible for confirmation of
his/her services in the Company. Failure to pass the said Examination within
the extended probation period will render the officer liable to be terminated
from service on expiry of the period so specified.
Emoluments & Benefits
Basic pay of Rs. 32,795/- in the scale of Rs. 32795-1610(14)-55335-1745(4)-
62315 and other admissible allowance as applicable. Gross emoluments will
be approximately Rs. 60,000/- p.m. in Metropolitan Centers. Other benefits such
as coverage under National Pension System governed by PFRDA, Gratuity, LTS,
Medical Benefits, Group Personal Accident Insurance etc. shall be as per rules.
The Officers are also entitled for Company’s / leased accommodation as per
norms. The salary scales are due for revision w.e.f Aug 2017.
Educational Qualification (as on 30.09.2021)
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. Candidate should possess certificate in proof
of passing the qualifying examination as on 30.09.2021.
Those who are in the Final Year/ Semester of their Graduation may also apply
provisionally subject to the condition that, if called for interview, they will have
to produce proof of having passed the qualifying examination on or before
30.09.2021. Candidates having Integrated Dual Degree (IDD) certificate should
ensure that the date of passing the IDD is on or before 30.09.2021.
Selection Procedure
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 for
each section) as follows:
NIACL AO Exam Pattern | |||
Exam Pattern | Subjects | Duration | Marks |
Preliminary Exam | English LanguageQuantitative Aptitude
Test of Reasoning |
1 hour | 100 marks |
Mains Exam (Generalist) | English LanguageQuantitative Aptitude
Test of Reasoning General Awareness English (Descriptive) |
230 marks | 2 hours 30 minutes |
Mains Exam (Specialist) | English LanguageQuantitative Aptitude
Test of Reasoning General Awareness Professional Knowledge English (Descriptive) |
230 marks | 2 hours 30 minutes |
Interview | — | — | — |
Note for Preliminary Exam : Candidates have to qualify in each test/section by securing passing marks to be
decided by the Company. Adequate number of candidates in each category as
decided by the Company (approximately 15 times the numbers of vacancies
subject to availability) will be shortlisted for the Main Examination.
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.
1 Test of Reasoning Objective 50 Eng/ Hindi 40 min
2 Test of English Language Objective 50 Eng 40 min
3 Test of General Awareness Objective 50 Eng/ Hindi 30 min
4 Test of Quantitative Aptitude Objective 50 Eng/ Hindi 40 min
Total (Aggregate) 200
(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.
Each candidate will be required to obtain a minimum score for each section of
objective test separately for short listing for the Descriptive test
evaluation/Interview. Descriptive answer script would be evaluated only in
respect of those candidates who qualify the objective test. Depending on the
number of vacancies available, cut offs will be decided for Descriptive paper
evaluation.
Each candidate will be required to obtain a minimum total score (to be decided
by the Company according to number of vacancies) in the objective test (main
examination) and qualify in the descriptive test for short listing for the Interview.
Qualifying marks in the descriptive test shall be as follows: 15/30 (13.5/30 for SC,
ST and PwBD).
Results will be uploaded regularly on the Official Website of New India Assurance Co. Ltd.
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