NIACL AO Recruitment 2024: Admit Card Released For 170 Administrative Officer (GENERALISTS & SPECIALISTS) Scale-I

The New India Assurance Company Limited (NIACL) has officially released the Admit Card of 170 Administrative Officers (Generalists) for 2024. This guide aims to provide comprehensive information on how to apply online for these prestigious positions, key details about the recruitment process, eligibility criteria, and other essential information.
NIACL AO Recruitment 2024 Overview
Aspect | Details |
---|---|
Organization | The New India Assurance Company Limited (NIACL) |
Post Name | Administrative Officer (GENERALISTS & SPECIALISTS) Scale-I |
Advt. No. | CORP. HRM/ AO/ 2024 |
Total Vacancies | 170 |
Salary | Rs. 88,000/- per month |
Official Website | newindia.co.in |
Apply Online | Click Here |
Download Notification | Click Here |
Important Dates
Event | Date |
---|---|
Application Start Date | 10 September 2024 |
Application End Date | 29 September 2024 |
Prelims Exam Date | 13 October 2024 |
Mains Exam Date | 17 November 2024 |
Application Fees
Category | Fee |
---|---|
Gen/OBC/EWS | Rs. 850/- |
SC/ST/PWD | Rs. 100/- |
Mode of Payment | Online |
Age Limit
Age Limit | Details |
---|---|
Minimum Age | 21 years |
Maximum Age | 30 years |
Crucial Date for Age Calculation | 1 September 2024 |
Age Relaxation | As per rules |
Educational Qualifications for NIACL AO Recruitment 2024
1. Generalists
Qualification Requirement | Details |
---|---|
Minimum Qualification | Graduate/Post Graduate in any discipline from a recognized University or equivalent |
Percentage Requirement | General Candidates: At least 60% marks in the degree examination |
SC/ST/PwBD Candidates: At least 55% marks in the degree examination |
2. Specialists
Specialization | Minimum Qualification | Percentage Requirement |
---|---|---|
Accounts | Chartered Accountant (ICAI) or Cost and Management Accountant (ICAI) and Graduation/Post Graduation in any discipline |
|
Or MBA Finance/PGDM Finance/M.Com |
Important Notes
Aspect | Details |
---|---|
Recognition of Qualification | Educational qualifications must be from a University/Institution/Board recognized by the Government of India or approved by Government Regulatory Bodies. |
Result Declaration Date | The result must be declared on or before 01.09.2024. |
Document Requirement | Candidates must provide proper documentation from the Board/University showing the result was declared by 01.09.2024. |
Mark-sheet/Certificate | Candidates must possess a valid mark-sheet/degree certificate as of 01.09.2024. |
Integrated Dual Degree (IDD) | For candidates with IDD certificates, the date of passing must be on or before 01.09.2024. |
Percentage Calculation | Percentage marks are calculated by dividing total marks obtained by the total maximum marks. Fractions like 59.99% will be treated as less than 60%. |
CGPA/OGPA Conversion | Candidates with CGPA/OGPA must provide a certificate stating the norms for converting grades to percentage and the percentage of marks as per those norms. |
Vacancy Details
Post Name | Total Vacancies | SC | ST | OBC | EWS | UR | PwBD | HI | VI | OC | ID/ Mul |
---|---|---|---|---|---|---|---|---|---|---|---|
Accounts | 50 | 7 | 4 | 13 | 5 | 21 | 1 | 1 | 1 | 1 | 1 |
Generalists | 120 | 18 | 8 | 32 | 12 | 50 | 2 | 2 | 1 | 4 | – |
Total | 170 | 25 | 12 | 45 | 17 | 71 | 3 | 3 | 2 | 5 | – |
- SC: Scheduled Caste
- ST: Scheduled Tribe
- OBC: Other Backward Classes
- EWS: Economically Weaker Section
- UR: Unreserved
- PwBD: Persons with Benchmark Disabilities
- HI: Hearing Impaired
- VI: Visually Impaired
- OC: Orthopedically Challenged
- ID/Mul: Intellectual Disability/Multiple Disabilities
Probation Period
Aspect | Details |
---|---|
Probation Period | 1 year from the date of joining duty |
Extension | Can be extended twice by 6 months each, up to a total of 1 year |
Examination Requirement | Must pass the non-life Licentiate Examination conducted by Insurance Institute of India |
Confirmation of Services | Eligible for confirmation only after passing the examination |
Failure to Pass Examination | Termination from service if examination is not passed within the extended probation period |
Termination During Probation | The Company reserves the right to terminate services at any time during probation or extended period without notice or reason |
Guarantee Bond
Aspect | Details |
---|---|
Service Bond | Minimum period of 4 years, including probation |
Liquidated Damages | Equivalent to one year’s gross salary paid during probation, proportionately reduced based on service rendered |
Indemnity Bond | Stamped Indemnity Bond executed by two sureties (not blood relatives) for an amount equivalent to one year’s gross salary |
Resignation During Probation | Liable to pay gross salary received during service plus Rs. 25,000/- towards partial cost of training |
Termination During Probation | Liable to pay gross salary received during entire service and Rs. 25,000/- towards partial cost of training |
Leave Salary/Pension Contribution | No leave salary or pension contribution will be made |
Emoluments & Benefits
Aspect | Details |
---|---|
Basic Pay | Rs. 50,925/- |
Pay Scale | Rs. 50,925-2500(14)-85,925-2710(4)-96,765 |
Gross Emoluments | Approximately Rs. 88,000/- per month in Metropolitan Centers |
Benefits | Coverage under National Pension System (NPS) governed by PFRDA, Gratuity, Leave Travel Concession (LTC), Medical Benefits, Group Personal Accident Insurance |
Accommodation | Company’s / leased accommodation as per norms |
Selection Process
Phase-I: Preliminary Examination
Name of Test/Section | Type of Test | Maximum Marks | Duration | Medium of Exam |
---|---|---|---|---|
English Language | Objective | 30 | 20 min | English |
Reasoning Ability | Objective | 35 | 20 min | English/Hindi |
Quantitative Aptitude | Objective | 35 | 20 min | English/Hindi |
Total | – | 100 | 1 hour | – |
- Qualification Criteria: Candidates must qualify in each section by securing passing marks decided by the Company.
- Shortlisting: Approximately 15 times the number of vacancies (subject to availability) will be shortlisted for the Main Examination.
Phase-II: Main Examination
(i) Objective Test
For Generalists
Name of Test | Type of Test | Maximum Marks | Duration | Medium of Exam |
---|---|---|---|---|
Test of Reasoning | Objective | 50 | 40 min | English/Hindi |
Test of English Language | Objective | 50 | 40 min | English |
Test of General Awareness | Objective | 50 | 30 min | English/Hindi |
Test of Quantitative Aptitude | Objective | 50 | 40 min | English/Hindi |
Total (Aggregate) | – | 200 | 2.5 hours | – |
For Specialists
Name of Test | Type of Test | Maximum Marks | Duration | Medium of Exam |
---|---|---|---|---|
Test of Reasoning | Objective | 40 | 30 min | English/Hindi |
Test of English Language | Objective | 40 | 30 min | English |
Test of General Awareness | Objective | 40 | 25 min | English/Hindi |
Test of Quantitative Aptitude | Objective | 40 | 30 min | English/Hindi |
Technical/Professional Knowledge in Discipline | Objective | 40 | 35 min | English/Hindi |
Total (Aggregate) | – | 200 | 2.5 hours | – |
(ii) Descriptive Test
Name of Test | Type of Test | Maximum Marks | Duration | Medium of Exam |
---|---|---|---|---|
Descriptive Test (Letter Writing & Essay) | Descriptive | 30 | 30 min | English |
- Qualifying Marks for Descriptive Test: 15/30 (13.5/30 for SC, ST, and PwBD)
- Note: Descriptive answers are evaluated only if candidates qualify the Objective Test.
Penalty for Wrong Answers
Aspect | Details |
---|---|
Penalty for Wrong Answers | One-fourth of the marks assigned to the question will be deducted. |
No Penalty | For questions left unanswered. |
Note | The Company reserves the right to modify the examination structure, which will be communicated via its website. |
Phase-III: Interview
Aspect | Details |
---|---|
Shortlisting | Candidates shortlisted after Phase-II will be called for an Interview. |
Interview Weightage | 25% of the total weightage (Online Examination: 75%, Interview: 25%). |
Interview Centres | Conducted at select centres; details of the centre, address, time, and date will be provided in the call letter. |
Interview Call Letters | To be downloaded from the Company’s website. |
Change Requests | Requests for changes in date, centre, etc., will not be entertained. |
Company’s Discretion | The Company reserves the right to change interview details or hold supplementary processes under unforeseen circumstances. |
Final Selection
Aspect | Details |
---|---|
Selection Basis | Based on consolidated marks from Main Examination (Objective Test) and Interview. |
Final Merit List | Prepared in descending order of consolidated marks secured. |
Appointment | Candidates falling within the number of vacancies on the merit list will be considered for appointment. |
Batch Appointments | Selected candidates may be appointed in multiple batches as per the Management’s discretion. |
Seniority | Determined by merit/select list order. |
Waiting List | A Waiting List of candidates not exceeding 50% of the vacancies may be prepared and used if selected candidates do not accept the offer. |
Tie-Breaking Criteria | a) Marks secured in the interview (higher marks preferred). b) Date of birth (senior in age preferred if interview marks are the same). |
Medical Fitness | Appointment is subject to being found medically fit as per the Company’s requirements. |
Service and Conduct Rules | Subject to the Company’s service and conduct rules. |
Eligibility Check | Candidates must ensure they meet the age and qualification requirements as on the respective crucial dates. Ineligible candidates will be disqualified at any stage of recruitment. |
No Automatic Right to Selection | Appearing in the Online Examination and Interview does not guarantee selection. |
Important Links
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