• NIACL Recruitment 2016: for 300 Administrative Officers Scale-I

    Posted on by in 2016, Insurance Exams, Notification, Recruitment, Education & Training

    NIACL Recruitment 2016After the Bank & SSC recruitment exams announcement, another big opportunity is offered for first class graduate/post graduate degree holder by the leading Insurance Sector company- The New India Assurance Company Ltd. NIACL is having its headquarter in Mumbai, is a Public Sector General Insurance Company & wholly owned by Government of India. The NIACL invites applications for recruitment of 300 Officers (Generalist) in Scale I cadre for open Two Tier Open Exam. The examination will be held online on different examination centres in all over India. The registration can be done online on NIACL website www.newindia.co.in from 14th Oct to 1st Nov 2016. The first phase exam will be held on 17th Dec 2016, while phase two exam will be held in Jan 2017 tentatively. The final selection of the candidates will be done on the basis on consolidated marks of main examination (objective test) & Interview. All the important details related to this NIACL vacancy like Application Process, Eligibility Criteria, Exam Pattern, Selection Process etc. are given below.

    Important Dates

    On-line registration and payment of application fees 14 Oct – 01 Nov 2016
    Phase-I Online Examination (Objective) 17th December 2016
    Phase-II Online Examination (Objective + Descriptive) January 2017 (Tentative)
    Online Application URL click here to apply
    Official Notification click here to view

    Vacancies of 300 Officers (Generalist) in Scale I

    Total SC ST OBC* UR PWD
    HI VI OC
    300 43 15 84 158 3 3 3

    Educational Qualification (as on 01.10.2016)

    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/PWD candidates.

    Age (as on 01.10.2016)

    Minimum Age: 21 years Maximum Age: 30 years, as on 01.10.2016

    Exam Pattern

    Phase-I: Preliminary Examination

    S.No Name of the Test (not in sequence) Type of test Max. Marks Duration Version
    1 English Language Objective 30 1 hour English
    2 Reasoning Ability Objective 35 English/Hindi
    3 Quantitative Aptitude Objective 35 English/Hindi
    Total 100

    Phase – II: Main Examination

    S.No Name of Test (not in sequence) Type of test Maximum Marks Medium of Exam Duration
    1 Test of Reasoning Objective 50 English/Hindi 120 min
    2 Test of English Language Objective 50 English
    3 Test of General Awareness Objective 50 English/Hindi
    4 Test of Quantitative Aptitude Objective 50 English/Hindi
    Total (Aggregate) 200

    Application Fee (Non-Refundable)

    Payable on-line from 14.10.2016 to 01.11.2016 (both dates inclusive)

    SC/ ST / PWD Rs. 100/- (Intimation Charges Only)
    All candidates
    other than SC/ ST / PWD
    Rs. 600/- (Application fee including intimation charges)


    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.

    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. Total emoluments will be approximately Rs.51,000/- 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

    Final Selection Process

    Final selection would be based on consolidated marks of main examination (objective test) & Interview.

    How to Apply

    Detailed Guidelines/Procedures for:

    • Application Registration
    • Payment of Fees
    • Photograph & Signature Scan and Upload

    Candidates can apply online only from 14.10.2016 to 01.11.2016 and no other mode of application will be accepted.

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