NIACL AO 2020: Job profile, Vacancy, Application, Admit Card, Syllabus

Updated On -

Aug 27, 2020

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Abanti Pramanik

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NIACL is one amongst the largest insurance companies based in India that was founded by Sir. Dorabji Tata in the year 1919. Every year, recruitment/appointment processes would be done by the firm aiming to fill the posts of administrative officers as generalist and specialist cadres.

NIACL AO job profile for generalists: Aspirants who are appointed under AO generalists in NIACL have to perform the following:

  1. Claim settlements
  2. Supervision of Assistant work
  3. Risk Assessment
  4. Underwriting
  5. Verification of risk proposals
  6. Verification and authorisation of claims

The above mentioned are the works for a candidate appointed as NIACL generalist.

NIACL AO job Profile for Specialists

The three jobs under NIACL AO specialists are company secretary, legal officer and finance & accounts officer.

  • Company secretary: The post company secretary involves,
    • Efficient administration to ensure that the decisions made by the board's directors are being implemented.
    • Maintenance of compliance with statutory and regulatory requirements.
  • Legal officer: Under this post, a candidate must handle all legal affairs of the company that involves,
    • Preparing legal documents
    • We are providing legal assistance in several objects faced by the firm.
    • Scrutinizing the errors
    • She is handling the contracts and agreements made by the company.
  • Finance and accounts officer: The profile of an employee under the NIACL AO finance and accounts department involves:
    • Management of financial documents of the company
    • Sending of bills
    • Processing the refunds
    • Resolving billing issues
    • Relationship with collection agencies on past-due accounts
    • Preparation of budgets
    • Management of records and receipts
    • Reconciliation of transactions
    • Preparation of balance sheets
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NIACL AO Highlights

NIACL AO 2020 Exam Highlights

Name of the exam NIACL AO 2020
Exam condition body The new India assurance company limited
Application filling Online
Mode of the examination Online
Stages of the examination Preliminary, Mains and interview 
Posts filled by the examination  NIACL AO Generalist and NIACL AO Specialist 
Official website(s) www.newindia.co.in
NIACL AO Important Dates

NIACL AO recruitment 2020 Important Dates

Official notification of NIACL AO examination  April 2020
Opening of the registration processes June 2020
Closing of the registration processes Last week of June
Availability of admit card July 2020 (prelims) August 2020(mains)
Date of the examination (preliminary stage) July 2020
Date of the examination (main stage) August 2020
Result for NIACL AO exam of the preliminary phase August 2020
Result for NIACL AO exam of the main stage September 2020
NIACL AO interview  October 2020

*NOTE: The dates mentioned above are previous notification by NIACL before the outbreak of a COVID-19 pandemic. Candidates are advised to follow up the official website for future information. The new dates are yet to be declared.

The salient significances of NIACL AO recruitment and notifications:

  • The NIACL AO examination is conducted by a new India assurance company limited to appoint most eligible candidates as administrative officers in various cadres.
  • The NIACL AO examination is not being conducted annually.
  • The new India assurance company limited is the board of conduction.
  • Notifications for the candidates are released on the official website of the firm to seize a recruitment drive according to the needs of the company.
  • The firm also conducts NIACL assistant examination.

The final and official notification made by NIACL was about NIACL AO examination for the year 2018-2019. The details are given below:

The official notification for NIACL AO examination made by NIACL  December 10 of the year 2018.
Vacancy for the post 312
Commencement of online application filling December 10 of the year 2018
Closing of online application filling 26th December 
Availability of admit card to download for the preliminary phase January 30th of the year 2019
Availability of admit card to download for the main stage of examination March 2nd of the year 2019
Announcement of results for the preliminary stage February 5th, 2019.
Announcement of results for the main stage 22nd March 2019.
Date of the interview  April 2019.
NIACL AO Vacancy

NIACL AO 2020 Vacancy

In the year 2018-2019, a total of 312 candidates were hired by the New India assurance company limited.

The vacant positions are filled based on the categories the candidates belong to.

  • Candidates under General category filled up the 175 vacant positions.
  • Candidates under the category of ST filled 37 vacant positions.
  • Candidates of SC category filled 26 positions.
  • Candidates that fall under OBC category filled up a total of 74 positions.
NIACL AO Application Process

NIACL AO Examination Application Process

Candidates who wish to appear for the exam have to enrol themselves through the online application process.

Steps to be followed while applying are:

Step 1: Visit the official website of the company ( www.newindia.co.in/)

Step 2: Click on the option that reads "Apply online".

Step 3: Select the option "Click here of new registration".

Step 4: Enter your details such as name, contact details and valid email id that is in use.

Step 5: A temporary registration number and password shall be developed and sent to your mobile number, and email id entered earlier.

Step 6: Login in with the provided registration number and password.

Step 7: Fill in all the information required and click on the option "Save and next".

Step 8: Cross-check the details entered by you and select " Validate your details" and continue further by clicking on"Save and next".

Step 9: Upload the scanned copies of a recent passport-sized photograph and signature of the candidate.

Step 10: Click the option "Preview" for one last check.

Step 11: After verifying the details, click on "Final Submit".

Step 12: A payment tab shall appear on the screen, proceed with the details and instructed.

Step 13: Click on the option " Submit".

Step 14: Take a printout of the final application form appearing on the screen for future references.

Application fee for NIACL AO Examination

  • The application fee paid by the candidates is not refunded in any case.
  • The amount paid during the application process cannot be as substitution of any other examination or selection processes.
  • Application fee differs according to the category the candidate belongs to.
Application fee for candidates under SC/ST/PWD/EWC categories. The application fee includes only the intimation charges. The intimation charge is Rs. 100/-
Application fee for candidates under General/OBC categories. Candidates are instructed to pay the application fee with the inclusion of intimation charge. The total price paid shall be Rs. 600/-
NIACL AO Admit Card

NIACL AO Exam Admit Card

  • The admit card that needs to be carried while appearing for the examination is released 15 days before the AO exam.
  • It shall be released by the new India assurance company limited on the official website.
  • The admit card is released individually for the preliminary, mains and the interview stages of the examination.
  • The NIACL AO call letter can be downloaded from the official website by entering the registration number and password that was generated while applying for the examination.
NIACL AO Eligibility

NIACL 2020 Eligibility

Candidates appearing for the NIACL AO examination must convince the following terms:

  • Nationality
  • Educational quality
  • Age limit and relaxations
  • Nationality: To take up the examination, a candidate must fall under any of the following categories:
    • An Indian citizen,
    • A candidate of Nepal,
    • A subject from Bhutan,
    • A Tibetan permanent immigrant who had come to India to settle before January 1, 1962.
    • A candidate of Indian origin who has migrated from Pakistan, Burma, Sri Lanka, East African countries of Kenya, Uganda, Zambia, Zaire, Malawi, the United Republic of Tanzania and Vietnam.
    • The Government of India should have issued the immigrants the immigrant candidates with a certificate of eligibility.
  • Educational qualification of the candidates: The minimum qualification needed for a candidate to appear for the NIACL AO examination is either an undergraduate degree or a postgraduate degree from any state/central government acknowledged university.
    • Candidates who belong to SC/ST/PWD/EWC categories should at least have a minimum score of 55%.
    • Candidates under the categories of General/OBC should at least have a minimum score of 60%.

For the candidates applying for the position of specialist cadre, the minimum qualifications are mentioned below.

Discipline  Minimum qualification for SC/ST/PWD/EWC candidates Minimum qualification for General/OBC candidates
Company Secretary  ACS/FCS from ICSI and an undergraduate degree or a postgraduate degree in any discipline with a minimum of 60%. ACS/FCS from ICSI and an undergraduate degree or a postgraduate degree in any discipline with a minimum of 60%.
Legal officer An undergraduate degree or postgraduate degree in law with a minimum of 55%. An undergraduate degree or postgraduate degree in law with a minimum of 60%.

Finance and Accounts
Chartered accountant/ An UG or PG degree in any discipline/Cost and management accountant/MBA finance or PGDM finance with a minimum score of 55%. Chartered accountant/ An UG or PG degree in any discipline/Cost and management accountant/MBA finance or PGDM finance with a minimum score of 60%.

(*Candidates with MBA finance or PGDM finance degrees must provide their certificate from the University of graduation supporting their domain. If failed to deliver, shall be disqualified from appearing for the interview)

Salient features related to educational qualification to appear for the exam:

  • The educational qualification of a candidate must be from a university/Board/Institution that is recognised by the government of India.
  • Results of the UG/PG degree should've been declared before or on 1.12.2020.
  • Proper submission of documents from the Board/Institution/University is mandatory.
  • The percentage shall be calculated by dividing the total score obtained by the candidate in all the semesters aggregate by maximum marks in every subject.
  • A situation where the candidate is near the border and still fails to obtain a minimum percentage shall be disqualified.
  • Candidates who graduated from universities that grant CGPA/OGPA will have to deliver a certificate issued by the appropriate inter alia acknowledging the norms of the University regarding the conversion of grades into percentages.

NIACL 2020 Age Relaxation

  • The minimum age limit for the candidates to appear for the examination is 21 years.
  • The maximum age limit for a candidate to appear for the exam is 30 years.

A few relaxations made for the candidates under several reserved categories are:

Category Relaxation of age
Scheduled caste & Scheduled tribes Five years
Other backward classes Three years
Candidates with criterion disabilities (defined under "The rights of persons with disabilities Act, 2016") Ten years
Ex-serviceman/Disabled while serving the country. Five years
Defence service personnel disabled in operation during the hospitalities with other countries or survived in a disturbed area and released. Three years
Candidates who ordinarily domiciled in the state of Jammu and Kashmir. Five years
Candidates who are confirmed employees of the public sector general insurance companies that include GIC and Agricultural insurance company of India limited. Eight years

Salient features of NIACL AO Age Relaxation

  • For candidates who fall under more than one category of age relaxation, the relationship shall be available based on government norms/guidelines and rules of the company.
  • Candidates who seek age relaxation will have to produce the required documents/certificates while filling the application and submit the original certificates during the process of interview.
  • When a person with a disability is privileged under 'Existing confirmed employee of public sector general insurance companies', the age concession for the person shall be permitted either as a 'person with a disability' or 'Existing confirmed employee of public sector general insurance companies'.(beneficial to the candidates)
  • For ex-serviceman who had joined the civil side of the government after serving the army, his/her status of reemployment ceases.
NIACL AO Exam pattern

NIACL AO 2020: Exam pattern

The new India assurance company limited decides the exam patterns to follow.

The selection process of a candidate is subdivided into four recruitment stages-

  • Preliminary stage:
    • This stage of the recruitment process contains three sections i, e: English language, quantitative aptitude and reasoning ability.
    • The mode of examination is online.
    • Questions are of the objective type that carries a total score of 100.
  • Mains exam:
    • The main stage of the examination is divided into two parts, namely objective test and descriptive test with four sections each.
    • The objective analysis carries maximum marks of 200 while the maximum marks the descriptive test takes is 30.
    • The four sections of the mains exam are the English language, reasoning ability, quantitative aptitude and general awareness.
  • Interview:
    • Candidates who qualify the previous examinations/stages would be called for an interview.
    • The weightage ratio of online exam and interview is 80:20.
  • Final selection:
    • The final selection process of NIACL AO examination relies on the compressed marks of the mains exam and the interview stage.
NIACL AO Syllabus

NIACL AO 2020 Syllabus

Candidates appearing for the examination must keep up the regular follow up of the official website.

The following are the syllabus for each section of the examination-

  • Quantitative aptitude: The section, quantitative aptitude is very vital as it is available in question papers of both preliminary and mains examinations. Questions of this section are based on the following topics-
    • Simplification
    • Numbering series
    • Percentage
    • Profit & loss
    • Average
    • Ration & proportion
    • Simple interest & compound interest
    • Age-based Problems
    • Time & work
    • Pipe & cistern
    • Partnership
    • Speed, time & distance
    • Allegation & mixture
    • Train, boat & stream
    • Mensuration
  • Reasoning ability: This section is seen both in the preliminary and mains stage of the examinations. The essential topics of this section are-
    • Alphabetic series
    • Blood relation
    • Coding-Decoding
    • Order ranking
    • Directions
    • Syllogism
    • Inequality
    • Input-output
    • Data sufficiency
    • Seating Arrangement
    • Puzzles
    • Logical reasoning
  • English language: This section is also seen in both preliminary and main stages of the examination. The critical areas of this section a candidate should concentrate on are:
    • Fill in the blanks
    • Para Jumbles
    • Cloze Test
    • Reading-comprehensions
    • Error spotting
    • Phrase replacement
    • Sentence correction
    • Para completion
    • Vocabulary
  • General awareness: The significant areas a candidate should follow to gain a decent mark in this section is
    • Current Affairs of the nation and worldwide
    • Banking & Insurance Awareness
    • Finance Awareness
    • Policies and schemes of the government
    • Static Awareness

The topics that are mentioned above are critical topics of the examination, and candidates are advised to concentrate more on these topics to gain better marks and crack the exam.

A regular follow up of the official website is mandatory for the candidates to keep a note on. Anything is possible with an ordered timetable and desired hard work to crack the examination. All the best.

*The article might have information for the previous academic years, please refer the official website of the exam.

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