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NIACL Assistant 2021: Eligibility, Application Form, Exam Pattern, Syllabus, Admit Card & Result

Updated On -

Oct 21, 2020

New India Assurance Company Limited is a Mumbai-based Public Sector General Insurance Company established in 1919 by Sir Dorabji Tata and nationalized in 1973. It operates both in India and abroad. It has been rated AAA/STABLE by CRISIL indicating the highest degree of credit strength. It is the only direct insurer in India that has been rated A by AM Best, indicating its strength.

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Every year NIACL conducts the NIACL Assistant Exam for recruitment of Class III Assistants. Previously, it had called for 685 posts, and the range varies close to this. The exam is conducted once a year and is of online mode. Updates for the 2021 cycle are yet to be released, with expected dates in December for release of notification.

NIACL Highlights

NIACL Assistant Exam Important Highlights

Name NIACL Assistant Exam
Conducted by New India Assurance Company Ltd.
Level National
Frequency Once a year
Mode of Exam Online
Duration Prelims – 1 Hour Mains – 2 Hours
Languages English, Hindi
Fee General/OBC – ₹600
SC/ST/PWD/Ex-Servicemen – ₹100
Purpose Recruitment of Class III Cadre Assistant
Helpdesk No. 022-22708100 022-22708400
Official Website https://www.newindia.co.in/
NIACL Important Dates

NIACL Assistant Exam Important Dates

The dates for the 2021 cycle of Exams are yet to be notified. However, looking at previous trends can give us a brief idea of expected dates. Here is the list of tentative dates.

Event Expected Dates
NIACL Assistant Notification Date December 2020
Online Application Starts January 2021
Last Date of NIACL Online Application January-February 2021
Payment of Application Fees January-February 2021
NIACL Assistant Exam Date 2020 (Prelims) NA
NIACL Mains Exam Date 2020 NA
Admit Card Download Date NA
NIACL Mains Result Date NA
NIACL Job Vacancy

NIACL Job Vacancy

NIACL hasn’t notified the no. of Posts for recruitment. However looking at the previous trends of no. of vacancies, we can take a guess regarding posts. The following table indicates the total no. of a vacancy in the 2018 cycle.

Category wise NIACL Assistant Vacancies (Provisional)

SC ST OBC GEN Total
105 60 113 375 653

Category wise Backlog NIACL Assistant Vacancies

SC ST OBC Total
4 10 18 32

From the above table, it can be expected that around 650-680 posts will be released in the coming cycle. However, it may vary according to the requirements of NIACL.

NIACL Eligibility

NIACL Eligibility Criteria

There are certain requirements to fulfill before sitting in the exam of NIACL Assistant. Both General and educational requirements are mentioned in the following table.

General Criteria

  • The age of candidate must be between 21 and 30.
  • Upper age relaxation has been provided for candidates of certain categories:
Category Relaxation
SC/ST 5 years
OBC 3 years
PWD 10 years
Ex-servicemen/ Disabled Ex-servicemen The actual period of service + 3 years, subject to a maximum age of 45 years.
Widows, Divorced women & legally separated single women 5 years
J&K domiciled candidates during 1-1-80 to 31-12-89 5 years
Existing Employees of NIACL 5 years

Educational Criteria

  • Candidates must have graduated in any stream from a recognized University.
  • Candidates must have English in SSC/HSC/Intermediate/Graduation as a subject.
  • Candidate must be proficient in the state language of the state from where he/she has applied.

How to apply for the NIACL Assistant Exam?

  1. Visit the official website of NIACL.
  2. Click on the “New Registration” link.
  3. Fill up the application form with the required details.
  4. Scrutinize the Application Form once again before proceeding with the next step.
  5. Upload the photograph and the scanned documents as asked.
  6. Crosscheck the application form and click on “Submit”.
  7. Pay the registration fee online using Net Banking/ Credit Card/ Debit Card, etc.
  8. Take a printout for future reference.
NIACL Exam Pattern

NIACL Assistant Exam Pattern

Exams for NIACL are conducted on 2 levels, i.e., Preliminary and Mains. The preliminary Exam is of 1-hour duration and Mains is of 2 hours duration. The below tables indicate the pattern of the paper.

NIACL Assistant Preliminary Test Exam Pattern

NIACL Prelims consists of 3 sections. Quantitative Ability, Logical Reasoning, and English. Each section is of 20 minutes duration and has to be attempted in the allotted time only. No. of questions is 100, and the maximum marks that can be obtained are also 100.

S. No. Test Name No. of Questions Maximum Marks Duration
1. English Language 30 30 20 minutes
2. Logical Reasoning 35 35 20 minutes
3. Quantitative Ability 35 35 20 minutes
Total 100 100 1 Hour

NIACL Assistant Mains Exam Pattern

NIACL Mains has 5 sections including Quantitative Ability, Logical Reasoning, English, General Awareness, and Computer. There are 40 questions in each section, and the total duration of the exam is 2 hours. The total no. of questions is 200, and the maximum marks that can be obtained are 250.

Test Name No. of Questions Maximum Marks Duration
Quantitative Ability 40 50 2 hours
English Language 40 50
Logical Reasoning 40 50
General Awareness 40 50
Computer 40 50
Total 200 questions 250 marks
NIACL Exam Syllabus

NIACL Assistant Exam Syllabus

NIACL Assistant Exam has a vast syllabus of general nature. It includes Quantitative Ability, Reasoning Skills, proficiency in the English Language, and knowledge of Computers. Important topics in each of the sections form the syllabus, which is given below in the following table.

Subjects Topic
Quantitative Ability
  • Data Interpretation
  • Sequence & Series
  • Simplification
  • Approximation
  • Quadratic Equations
  • Arithmetic
  • Probability
  • Data Sufficiency
English Language
  • Reading Comprehension
  • Cloze Test
  • Spotting Errors
  • Sentence Improvement
  • Para Jumbles
  • Fillers
  • Para Completion
Logical Reasoning
  • Puzzles
  • Seating Arrangement
  • Inequality
  • Syllogism
  • Input-Output
  • Coding-Decoding
  • Data Sufficiency
  • Verbal Reasoning
  • Miscellaneous
Computer Knowledge
  • Fundamentals of Computer
  • History of Computer
  • Internet
  • MS Office
  • Memory
  • Input-Output devices
  • Computer Shortcuts
  • Important Abbreviations

NIACL Assistant Job Profile

NIACL Assistant is a job at the clerical level. He/She has the responsibility of Data Entry Operations and assisting the AOs in designated sections. They are mainly responsible for Underwriting, Claims, and Accounts.

Underwriting:

  • It is a data entry process.
  • Involves acceptance of proposals.
  • Involves signing/issuing of policies.
  • Involves Computer use to enter, access, and retrieve financial data.

Claims:

  • Involves legal/non-legal aspects of claims of Customers.
  • Involves applying an insurance rating system.
  • Calculating the amount of claim.
  • Review insurance policy to determine coverage.
  • Transmit claims for further investigation.
  • Attach information to the claim file.

Accounts:

  • Involves payments
  • Preparation of balance sheets.
  • Accounting transactions
NIACL Exam Salary

NIACL Assistant Salary Structure

  • Initial payment of NIACL Assistant in hand is ₹23,500 in a metro city, along with several allowances like Newspaper, Leave, etc.
  • As per NIACL Notification, they are eligible for a pay scale of ₹ 14435-840(1)-15275-915(2)-17105-1030(5)-22255-1195(2)-24645-1455(3)-29010-1510(2)-32030-1610(5)-40080.
  • Several pieces of training are imparted to the candidates after the selection for learning about partial aspects of banking.

NIACL Assistant Increments

  • 3 exams have to be cleared – Licentiate, Associate, and Fellowship. The increment is at each step individually.
  • An increment of ₹1550 is applicable after completion of the Fellowship.
  • Position depending allowances are also in the post.

NIACL Assistant Other Benefits

  • Accommodation Benefits in Metro Cities.
  • Good no. of leaves, including casual leave, Sick Leave, etc.
  • A 5-day job with less workload and decent life with no pressure from the Boss.

NIACL Assistant Career Growth

There is a fast track promotion system in NIACL. Candidates are promoted according to their performance. The hierarchy of promotion/career growth in NIACL is mentioned below.

  • Assistant
  • Administrative officer
  • Senior Administrative Officer
  • Assistant Manager
  • Manager
  • Senior Manager
  • Insurance Specialist
  • Director/CEO

NIACL Assistant Exam 2018 Prelims Cutoff

Before starting preparation for any exam, it is necessary to check the syllabus and the cut-off marks for the Exam. Cut-off marks for the 2018 Exam are available and are mentioned below. This will help in preparation for the exam.

Category T1 T2 T3
English Language Logical Reasoning Quantitative Aptitude
Maximum Marks: 30 Maximum Marks: 35 Maximum Marks: 35
SC, ST, OBC, PC, Ex-Servicemen 11.00 11.00 13.50
GENERAL 14.75 16.25 17.75
NIACL Admit Card

NIACL Assistant Exam Admit Card

Admit Card for NIACL Assistant Exam is released 15-20 days before the actual Exam. For every stage, a separate admit card will be issued, and the candidate must download and take its printout before appearing for the exam.

Given steps must be followed while downloading the Admit Card.

  1. Visit the official Website of NIACL.
  2. Click on the recruitment section.
  3. Click on NIACL Assistant 2021 Admit Card.
  4. Enter the required details. (Registration No. and Date of Birth)
  5. Click on Submit Button.
  6. Admit Cards will be displayed on Screen.
  7. Download it and take its printout.

NOTE: Test Centre will be mentioned on the Admit Card. The candidate is allowed to sit in the exam at the allotted test centre only. The candidate will not be entertained at any other centre except the one mentioned in the Admit Card.

NIACL Assistant Exam Preparation Strategy

To crack a major exam, it becomes necessary to follow a plan and stick to it. It is necessary that the candidate must know all the pros and cons of each step and take them warily. The following are some general tips for preparation.

  • Prepare a study plan, and be consistent with it.
  • Practice regularly with a different set of questions of varying difficulty.
  • Ensure maximum accuracy to crack the exam.
  • Follow a test series before the exam to check yourself in a mock test environment.
  • Analyze previous year question papers and attempt them genuinely.
  • Keep tracking your progress regularly.
  • Increase your strength in at least one of the subjects.
  • Refer to the subject wise tips as given below.

Tips for Quantitative Ability

  1. Practice all levels of questions focussing more on the difficulty level.
  2. Properly understand the concepts, especially of Ratios.
  3. Try to increase your calculation speed with no reduction in accuracy.
  4. Don’t mug up the formulae. Understand them, and practice frequently.

Tips for Logical Reasoning

  1. Focus more on Puzzles and Seating Arrangement type questions as they have a high probability to come in Exam.
  2. For coding-decoding questions, keep practicing a new pattern of questions to increase your experience.
  3. Understand the basics clearly before proceeding to tough level questions.

Tips for the English language

  1. Read the newspaper daily, and make a precise editorial section daily.
  2. Learn 10 new words daily to increase your vocabulary.
  3. Strengthen your grammar section to score more in exams.

Tips for General Awareness

  1. Go through static GK once, and keep revising it from time to time.
  2. Go through one-liners regularly to gain more knowledge.
  3. Read the newspaper daily as it’ll improve your English and help you get more knowledge about the world as well.

Tips for Computer Knowledge

  1. Make yourself clear with the basics.
  2. If possible, study one chapter every day for this section.
  3. Attempt quizzes on a daily basis.
  4. The syllabus is not very vast, and high scores can be achieved. So, try to make this section your strength.

NIACL Assistant Exam Results

The results of the NIACL Assistant Exam are declared 20-25 days after the Exam. Results for both Prelims and mains are declared separately, whenever they are conducted. Results are declared on the official website of NIACL and can be checked by the candidates there.

NIACL FAQs

NIACL FAQs

Ques. Is New India Assurance Company Ltd. Is a Public Sector Enterprise?

Ans. Yes, New India Assurance Company Ltd. Is a Public Sector Enterprise of Govt. of India. It was nationalized in the 1970s.

Ques. Is NIACL a Bank?

Ans. No. NIACLS is a public sector, General Insurance Bank. Earlier, it was a part of General Insurance Corporation of India, but after the breakup of the latter, it came out as one of the parts with the name of NIACL.

Ques. Does NIACL have an International presence?

Ans. Yes. NIACL has a presence in more than 28 countries including major powers like Japan and New Zealand.

Ques. What is the rating of NIACL?

Ans. NIACL has an extremely good rating by different credit rating agencies.

  • Only direct insurers in India rated A-(Excellent – Positive outlook) by AM Best.
  • AAA/STABLE Rating by CRISIL.

Ques. Is there a sectional cutoff in NIACL Mains Exam?

Ans. Yes. There is a sectional cutoff for each section in the NIACL Assistant Mains Exam. It is suggested that the candidate must know the basics of each section to clear the exam.

Ques. Does NIACL provide accommodation to its employees?

Ans. Yes. NIACL does provide accommodation to its employees, but not in the beginning. New recruits have to search for their own accommodation.

Ques. Is the post of Assistant open for females in NIACL?

Ans. Yes. There is no barrier of Gender in any post under NIACL. In fact, females are most welcome in the opening.

Ques. What is the maximum age limit to apply for NIACL?

Ans. Candidate must be of at least 21 years of age and a maximum of 32.

Ques. Are the marks of Prelims added in the final result in NIACL Exams?

Ans. No. Marks in the Preliminary test are just for the selection/rejection of the candidates. It is just of qualifying nature.

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

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