NIACL AO 2024 Exam Date Out, Call Letter, 170 Vacancies Check Now

NIACL AO RECRUITMENT: The New India Assurance Company Limited (NIACL), a prominent public sector general insurance company, has officially announced the recruitment of Administrative Officers (AO) for the year 2024. This Mumbai-based organization, established in 1919 and nationalized in 1973, is a leading global insurance group. NIACL is one of five fully-owned insurance companies under the Government of India, with a widespread network of offices and branches across the country. With 170 vacancies for Administrative Officer Scale-I posts, NIACL AO recruitment is a golden opportunity for aspiring candidates looking for a career in the insurance sector.

Overview of NIACL AO 2024 Recruitment

NIACL has released the official notification for 170 vacancies for Administrative Officers (AO) in both Generalist and Specialist (Accounts) streams. The recruitment process involves a three-stage selection method comprising a Preliminary Exam, Mains Exam, and Personal Interview. The selected candidates will be required to serve a minimum of four years, including a one-year probation period.

Let’s dive into the key details regarding the eligibility, selection process, exam pattern, important dates, and more.

Important Dates for NIACL AO 2024

Below is the schedule for the NIACL AO 2024 exam process:

• Notification Release Date: 6th September 2024
• Online Application Start Date: 10th September 2024
• Last Date for Application Submission: 29th September 2024
• Prelims Exam Date: 13th October 2024
• Mains Exam Date: 17th November 2024
• Admit Card Release Date: 1st Week of October 2024

Vacancy Details

The total number of vacancies for the NIACL AO 2024 recruitment is 170, distributed across two disciplines:

• Generalist: 50 vacancies
• Accounts: 120 vacancies

Here is the category-wise vacancy breakdown:

Eligibility Criteria

Educational Qualification (as of 01/09/2024)

• Generalists: Candidates must have a graduate or postgraduate degree in any discipline from a recognized university, with a minimum of 60% marks for General candidates and 55% for SC/ST/PWD candidates.
• Accounts: Candidates must be Chartered Accountants (ICAI) or Cost and Management Accountants (ICWAI) or possess an MBA/PGDM (Finance) or M.Com with 60% marks (55% for SC/ST/PwD).

Age Limit (as of 01/09/2024)

Candidates must be between 21 and 30 years of age. Age relaxation is applicable for reserved categories:

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Selection Process

The selection for the NIACL AO posts will be carried out in three stages:

1. Phase I: Preliminary Exam (Objective)
2. Phase II: Mains Exam (Objective & Descriptive)
3. Phase III: Personal Interview

Candidates must qualify each stage to progress to the next and ultimately secure the position of Administrative Officer.

NIACL AO 2024 Exam Pattern

Phase I: Preliminary Exam

• The preliminary exam will consist of 100 multiple-choice questions.
• Sections: English Language, Reasoning Ability, and Numerical Ability.
• Each section will have a 20-minute time limit.
• Total marks: 100.
• Negative marking of 0.25 marks for each wrong answer.

Phase II: Mains Exam

• The Mains exam has both Objective and Descriptive sections.
• Objective tests consist of 200 questions spread across four subjects for Generalists and five for Specialists.
• A descriptive test (essay/letter writing) follows, with a 30-minute duration.

Descriptive Test: Essay and letter writing (30 marks).

Phase III: Personal Interview

The interview will carry significant weight, contributing 20% to the final score, while the written exam holds 80%.

Application Process

Eligible candidates can apply for the NIACL AO 2024 recruitment by visiting the official website of NIACL at www.newindia.co.in. Here are the steps to apply:

1. Visit the Recruitment section on the website.
2. Register by generating a new registration number and password.
3. Fill out the application form with your details and upload the necessary documents.
4. Pay the application fee and submit the form.

Application Fee:

• General/OBC: Rs. 850/-
• SC/ST/PwD: Rs. 100/-

NIACL AO Salary and Benefits

The selected candidates for the NIACL AO post will receive a basic salary of Rs. 50,925, along with various allowances. The total monthly salary, including perks, is approximately Rs. 80,000. Additional benefits include National Pension System (NPS), medical insurance, accident coverage, and more.

NIACL AO 2024 Exam Centres

As mentioned in the notification, the Prelims Exam will be held at the following centres.