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NIACL AO 2021: Job profile, Vacancy, Application, Admit Card, Syllabus

Updated On -

Mar 19, 2021

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Abanti

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NIACL is one of 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. The NIACL AO 2021 notification is yet to be released.

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 authorization 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
NIACL AO Highlights

NIACL AO 2021 Exam Highlights

Name of the exam NIACL AO 2021
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 2021 Important Dates

Official notification of NIACL AO examination  April 2021 (tentative)
Opening of the registration processes April 2021
Closing of the registration processes Last week of April
Availability of admit card To be notified
Date of the examination (preliminary stage) To be notified
Date of the examination (main stage) To be notified
Result for NIACL AO exam of the preliminary phase To be notified
Result for NIACL AO exam of the main stage To be notified
NIACL AO interview  To be notified

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.

NIACL AO 2021 Vacancy

NIACL AO Vacancy

The vacancy details are shared by NIACL along with the official notification for the year. The first recruitment notice was published in 2018-19I and 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 a 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 AO 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 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 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 for the previous examinations/stages would be called for an interview.
    • The weightage ratio of online exams and interviews 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 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.

NIACL AO FAQs

NIACL AO FAQs

Ques: Is NIACL AO conducted annually?

Ans: No, the NIACL AO exam is not conducted every year. The last notification was released in December 2018 for the 2019 recruitment.

Ques: What is the basic pay of NIACL AO?

Ans: The basic pay of NIACL AO is INR 32,725.

Ques: Is the competition for NIACL AO tough?

Ans: Since the exam for NIACL AO is not conducted every year, the competition is very tough.

Ques: Is there an educational qualification required for NIACL AO?

Ans: Yes, the candidates need to be a graduate with a minimum of 60% to be eligible for NIACL AO.

Ques: What kind of jobs are in NIACL AO?

Ans: NIACL AO jobs include recruitment for administrative/authoritative work.

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.

3 Months Crash Course

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

Comments


28 Comments
D
divakar sharma
What are the maximum marks for General awareness section?
K
kavita rani

Hi Divakar. A total of 40 questions of total 50 marks are asked in this section. The time limit given is 2 hours. Check out other details here.
 

S
shruti verma
What is the Job profile of AO in New India Assurance Co Ltd?
K
kavita rani

Hi Shruti. The nature of work of a NIACL AO involves administrative/authoritative work. The shortlisted candidates will be employed as the First entry-level officer and there job profile include overseeing the issuance of insurance policies, settling insurance claims etc.

K
kashish tomar
Is Aadhaar Card required for applying for AO Jobs in NIACL?
K
kavita rani

Hi Kashish. Aadhar card is not mandatory while applying for the AO post in NIACL. You need to meet some requirements and submit the required documents at the time of applying for the NIACL Assistant. Both General and educational requirements must be met. Details are here.
 

A
arushi thankur
What all documents are required for applying for Administrative Officer Jobs in New India Assurance Co Ltd.
K
kavita rani

Hi Arushi. There are some requirements that needs to be fulfilled before sitting in the exam of NIACL Assistant. Both General and educational requirements are mentioned here.

R
rashmi
Is there any Sectional Cut-off in NIACL AO exam?
K
kavita rani

Hi Rashmi. Yes, there is a sectional cutoff for each section in the NIACL Assistant Mains Exam. All the candidates are advised to refer here to know the basics of each section to clear the exam.
Other details are here.
 

P
puja sao
When will the NIACL AO Preliminary Exam result come out?
K
kavita rani

Hi Puja. Regarding examination related queries and exam results, all the candidates are advised to refer to the official website of NIACL.
Other details are here.
 

M
mohammed najamuddin
What is the Salary of New India Assurance Administrative Officer?
K
kavita rani

Hi Mohammed. Total Salary (monthly) is close to INR 51,000 (almost). Further details are presented here.
 

S
sourajit mukherjee
Will my Descriptive Marks in NIACL AO Main be counted?
K
kavita rani

Hi Sourajit. Though candidates need to qualify the descriptive test, but the marks obtained in the descriptive test will not be counted towards short listing for interview or final selection. For each wrong answer you will lose one-fourth of the marks assigned to that question. Other details are mentioned here.
 

A
ananya pandey
Will my Descriptive Marks in NIACL AO Main be counted?
K
kavita rani

Hi Ananya. Though candidates need to qualify the descriptive test, but the marks obtained in the descriptive test will not be counted towards short listing for interview or final selection. For each wrong answer you will lose one-fourth of the marks assigned to that question. Other details are mentioned here.
 

D
deep jyoti das
what is salary of niacl ao?
K
kavita rani

Hi Deep. The yearly income of NIACL AO is close to INR 6, 50, 000 per annum. Post clearing the examination, the candidate acquires the post of NIACL AO will be eligible to get a salary of approximately INR 32, 795. Check other details here.
 

S
sourajit mukherjee
which is better niacl ao or rbi assistant?
K
kavita rani

Hi Sourajit. Both, NIACL AO & RBI Assistant both are reputed jobs, as NIACL is a public sector general insurance company while RBI is the central banking institution of India. The post of an assistant is of clerical level while other have job of an administrative officer. So I would suggest you to search in detail before coming to any decision.

S
sourajit mukherjee
how to crack niacl ao exam?
K
kavita rani

Hi Sourajit. Do more test series before the exam as it helps check yourself in a mock test environment. Also refer to the best books that help you clear your concepts. Other useful tips and strategies are mentioned here.
 

N
neha
Will there be any interview after the Mains exam?
K
kavita rani

Hi Neha. Yes, the stages of the examination include Preliminary, Mains, and interview session. Moreover, the admit card will be released individually for the preliminary, mains and the interview stages of the examination. Get other details here.
 

N
neha
Will NIACL AO Main Exam include both Objective and Descriptive tests?
K
kavita rani

Hi Neha. Yes, NIACL AO Mains exam will be conducted online and will have a combination both objective type and descriptive type questions. Check other details here.
 

N
neha
Will NIACL AO Main Exam include both Objective and Descriptive tests?
K
kavita rani

Hi Neha. Yes, NIACL AO Mains Exam consists of both, Objective and Descriptive type. There are 200 marks for the Objective test and 30 marks for the Descriptive Test. Both the tests will be taken online.

S
sadim ansari
How many attempts are there for NIACL AO ?
K
kavita rani

Hi Sadim. There is no limit on the maximum number of attempts. You can give the exam till the time, you meet the minimum eligibility criteria. Check out other details here.
 

S
sadim ansari
Will all papers in NIACL AO will be bilingual?
K
kavita rani

Hi Sadim. Yes, the NIACL AO exam is bilingual in nature allowing candidates to give the exam in either of the language i.e. English or Hindi except the test of English Language which is to be attempted in English only.

K
koyena biswas
Will the Reasoning Ability section will come in both the versions including English and Hindi?
K
kavita rani

Hi Koyena. Yes, questions asked in the Reasoning Ability section will come in both the versions including English and Hindi.

K
koyena biswas
Which section has the maximum marks, Reasoning Ability or Quantitative Aptitude?
K
kavita rani

Hi Koyena. English Language has weightage of 30 marks, while both Logical Reasoning and Quantitative Ability section has weightage of 35 marks each. Check out the detailed exam pattern here.

K
koyena biswas
Is New India Assurance Administrative Officer Job a Government Job?
K
kavita rani

Hi Koyena. Yes, it's a government job. The full form of NIACL is new India Assurance Company Limited, a PSU means public sector undertaking. Under PSU, more than 50 % of this company's share is owned by Government of India. So it is Government of India running company.