New India Assurance

NIACL AO: 5 Powerful Strategies for Success in 2024

November 21, 2024

Table of Contents

Table of Contents

The New India Assurance Co. Ltd., founded by Sir Dorabji Tata and incorporated on July 23, 1919, is a leading multinational general insurance company with a presence in 28 countries. Headquartered in Mumbai, India, NIACL is renowned for its employee-friendly work culture and commitment to excellence. The company conducts national-level government exams annually to recruit for the position of NIACL Administrative Officer (AO), providing numerous career opportunities for aspiring candidates.

The NIACL AO exam is not conducted every year. The New India Assurance Company Limited (NIACL) announces the recruitment based on the company’s requirements and subject to available vacancies.

Latest updates from NIACL AO

  • NIACL AO 2024 Mains exam date which was to be conducted on 7th April 2024 is postponed until further notice and the new exam schedule will be released soon on official website
  • NIACL AO 2024 Prelims exam was conducted on 4th March 2024 and the results are released on 26th March 2024 on their website.
  • The last date to pay the application fee for NIACL AO 2024 is on 22nd January 2024
  • The last date to apply for NIACL AO 2024 is on 22nd January 2024
  • NIACL AO 2024 notification is out on 29th December 2023.
NIACL AO

About NIACL

Full FormNew India Assurance Company Limited
FounderSir Dorab Ji Tata
Established Date23rd July 1919
Head OfficeMumbai
Chairman-cum-Managing DirectorMrs. Neerja Kapur

NIACL AO 2024: Overview

Unlike other yearly banking exams, NIACL opens the recruitment process per their requirements. The full form for NIACL AO is New India Assurance Company Limited Administrative Officer. The roles of a NIACL AO are to take care of claim settlement, risk assessment, assistant supervision, and underwriting.

Name of the examNIACL AO(Assistant Officer)
Exam Conducting BodyNew India Assurance Co. Ltd (NIACL)
Application FilingOnline
Mode of the examinationOnline
Stages of examinationPreliminary, Mains & Interview
EligibilityGraduation/ Post Graduation
Age limit21 to 30 years
Job PositionAdministrative Officers (Generalists & Specialists Scale I)
No of vacancies274
Official WebsiteClick here

NIACL AO Notification 2024

NIACL-AO-2024-Notification

NIACL AO Exam Dates 2024

EventsDates
NIACL AO Notification 202429th December 2023
Opening of the Online registration process2nd January 2024
Closing of the Online registration process22nd January, 2024
Payment of Application Fees start date 2nd January 2024
Payment of Application Fees start date22nd January, 2024
Print Application form last date 6th February 2024
NIACL AO Prelims Exam Date4th March 2024
NIACL AO Mains Exam Date7th April 2024 (Postponed)
Results of Exams (Preliminary)26th March 2024
Results of Exams (Mains)To be notified
Date of Personal InterviewTo be notified

You can find the updated dates on this page when the exam authority notifies the dates.

NIACL AO Application Form 2024

How To Apply for NIACL AO?

Applying for NIACL-AO is the initial step in the entire journey. Most importantly, the key is not to miss out on any requirements asked during the form fill-up process. The entire application process can be broadly divided into three steps :

  1. Application Registration
  2. Payment of Fees
  3. Scanning and Uploading

Application Registration

  1. Open the official website of NIACL, click on the “Apply Online” option.
  2. Choose the tab “Click here for New Registration” and fill in the details of your Name, Contact details, and Email.
  3. After the final check of the details is done, proceed to save your application by clicking the “Validate your details” and then on the “Save & Next buttons.”
  4. After Validation, candidates can scan and upload all the specified documents, i.e., Passport photograph, Signature, left thumb impression, and a handwritten declaration.
  5. Now, click on the Preview Tab and check the completed application form.
  6. You can not make any changes after Final submission of the application.
  7. After “Final Submit,” click on the “Payment” tab.
  8. Any payment gateway can be used to complete the transaction. (Debit Card, Credit Card, Internet Banking, Mobile Wallets)

NIACL AO Application Fees

The timeline for completing the application is generally around two weeks, post which there is no late fee window. Below are the fee details.

SC/ST/PWBDRs. 100/- (Intimation Charges Only)
All candidates other than SC / ST / PwBDRs. 750 (Application fee including intimation charges)
  • The application fee is non-refundable under any circumstances.
  • The transaction charge, if applicable, is to be borne by the candidate.

NIACL AO Eligibility Criteria 2024

To be an eligible candidate for the NIACL AO examination, the candidate has to match certain criteria which are :

Nationality

The candidate applying for recruitment in the Company must be either-

  1. A citizen of India
  2. A subject of Nepal,
  3. A subject of Bhutan
  4. A Tibetan refugee who came over to India before 1st January 1962 to permanently settle in India
  5. A person of Indian origin who has migrated from Pakistan, Burma, Sri Lanka, East African countries of Kenya, Uganda, the United Republic of Tanzania, Zambia, Malawi, Zaire, Ethiopia, and Vietnam to permanently settle in India.
  • Candidates belonging to 2nd, 3rd, 4th and 5th categories should have a certificate of eligibility issued by the Government of India

Educational Qualification

A candidate must possess the minimum qualification of a graduate/postgraduate in any discipline from a recognized University or any equivalent qualification recognized as such by the Central Government with at least 60% marks in either of the degree examinations for General candidates and at least 55% marks for SC/ST/PwBD candidates. Candidate should possess a certificate as proof of passing the qualifying examination.

Those who are in the Final Year/ Semester of their Graduation may also apply provisionally subject to the condition that, if called for an interview, they will have to produce proof of having passed the qualifying examination.

Important Points to consider:

  • Educational qualifications should be from a University/Institution/ Board recognized by Govt. of India/ approved by Govt. Regulatory Bodies and the result should have been declared.
  • A proper document from the Board / University for having declared the result has to be submitted at the time of the interview.
  • The candidate must possess a valid Mark-sheet / Degree Certificate of the necessary qualification
  • The percentage marks should be calculated by dividing the total marks obtained in all the subjects in all semester(s)/year(s) by aggregate maximum marks in all the subjects irrespective of honours
    / optional/additional optional subject if any. This will apply to universities where Class / Grade is decided based on Honours marks only. The fraction of percentage so arrived will be ignored i.e., 59.99% will be treated as less than 60%.
  • Where CGPA / OGPA is awarded, the candidate will have to produce a certificate issued by the appropriate authority inter alia stating the norms of the University regarding the conversion of grades into percentages and the percentage of marks scored by the candidate in terms of norms.

Age Limit

The minimum age set by the NIACL to appear for Assistant Officer on the exam is 21 years, and the maximum age is 30 years. The relaxations granted to candidates under reserved categories are :

S.NOCandidate CategoryAge Relaxation
1SC/ST5 Years
2OBC3 Years
3PWBD10 Years
4Veterans, including Commissioned Officers and ECOs/SSCOs who have rendered at least five years of Military Service on 01.12.20215 Years
5Defense Service Personnel3 Years
6Persons ordinarily domiciled in the State of Jammu & Kashmir during the period 1.1.1980 to 31.12.19895 Years
7Existing Confirmed Employees of Public Sector General Insurance Companies8 Years

NIACL AO Salary 2024

The pay scale at New India Assurance Co. Ltd. is very respectable and covers all significant employee benefits. The Basic NIACL AO Salary is Rs. 50,925/- whereas other admissible allowances (29000-30000) are applicable. The Gross Salary will be approximately Rs. 80,000/- p.m. in Metropolitan Centers. Apart from that, other benefits include coverage under the National Pension System governed by PFRDA, Gratuity, LTS, Medical Benefits, Group Personal Accident Insurance, etc., which shall be as per the rules. Officers are also entitled to the Company’s / leased accommodation as per norms.

A Part-time Job that Pays like Full-time

NIACL AO Syllabus 2024

NIACL AO examination syllabus tests speed, accuracy, thinking ability, problem-solving skills, and general awareness. The subjects included in the exam are Reasoning, Quantitative Aptitude, English Language, General Awareness, and Subject Matter Expertise.

English Language

This segment is essential for the Prelims and Mains. Moreover, Prelims comprise just objective questions, while Mains comprises objectives and descriptive questions. Questions are based on topics such as Reading Comprehension, Active and Passive Voice, Articles, Tenses, Subject-Verb Agreement, Reading Comprehension, Error-Spotting, Sentence Correction, Para Jumbles, Error Spotting, and so forth.  

Quantitative Aptitude

Some important topics from this segment are Average, Percentage, Speed, Time and Distance, Simplification and Approximation, Time and Work, Percentage and Probability, Partnership, Mensuration and Geometry, Trigonometry, Profit and Loss, Simple and Compound Interest, and so forth.  

General Awareness

This section contains general information, current undertakings (both public and global), and general ideas identified with finance, promotion, and banking.

Aspirants can read magazines, diaries, and papers identified with money and news and follow TV and online media for the most recent information. Therefore, construct your general information by perusing essential books and materials. 

Reasoning Ability

Also, some significant subjects of this part are Coding-Decoding, Syllogisms, Direction and Distance, Numeric/Alpha-numeric series, Data Sufficiency, Puzzles, and Seating Arrangement. Time and Speed are significant for this segment. 

To read more about the NIACL AO syllabus, click here

NIACL AO Exam Pattern 2024

NIACL undertakes online examinations and interviews. The entire examination process of the NIACL AO happens in three phases –

  1. Preliminary
  2. Mains
  3. Personal Interview

Phase I: NIACL AO Prelims

The preliminary exam is an objective-based online test consisting of three subjects, English Language, Quantitative Aptitude, and Reasoning Ability. The duration of the exam is 60 mins, with 20 minutes allocated to each specific section. The maximum mark for the whole exam is 100, split up into 35 for both Quantitative and Reasoning and 30 for English.

S.NOSubject:Type of QuestionsMax. MarksDurationLanguage Medium
1EnglishMCQ3520English
2Reasoning AbilityMCQ3520English/Hindi
3Quantitative AptitudeMCQ3520English/Hindi
 Total 10060 Minutes 

Candidates must ensure passing marks in each section to proceed to the Mains. For the Mains exam, approximately 15 times the number of vacancies are shortlisted from Prelims out of each category as decided by the Company.

Phase II: NIACL Mains

The main Examination will consist of Objective Tests for 200 marks and Descriptive Tests for 30 marks. Both the Objective and Descriptive Tests will be online. Candidates will have to answer the Descriptive Test by typing on the computer. The descriptive test will be administered immediately after completion of the Objective Test.

S.NOSectionMax MarksLanguageDuration
1English Language50English 40
2Reasoning Ability50English/Hindi 40
3Quantitative Aptitude50English/Hindi 40
4General Awareness50English/Hindi 30
 TOTAL200 MARKS 150 MINS

Descriptive Test:

The Descriptive Test is 30 minutes long, and the entire test will be a Test of the English Language, bifurcated into Letter writing -10 marks and essay Writing -20 marks.

S.NONAME OF TEST SECTIONTEST TYPEMAX MARKSLANGUAGE OF TESTTOTAL TIME
1LETTER WRITINGSUBJECTIVE10ENGLISH –
2ESSAY WRITINGSUBJECTIVE20ENGLISH –
 TOTAL 30 MARKS 30 MINS

Apart from that, descriptive answer scripts will only be evaluated for those candidates who qualify for the Objective Tests.

Phase III: Personal Interview

Candidates who qualify for the Mains Exam will be further shortlisted and subsequently called for an Interview. Interviews for final selection will be conducted at select centres finalized by NIACL. The interview score carries a weightage of 20% in the overall score rest, 80% is from the Mains Exam.

To check out NIACL AO’s previous year’s question paper, Click Here

NIACL AO Admit Card 2024

The admit card for Phase I and Phase II will be available separately. Download the admit card for Phase I and Phase II. NIACL will also update the Candidates through SMS on their registered Mobile Number and through e-mail on their registered email ID. Once the candidate lands on the above link, they will download the soft copy version of the admit card by accessing the official website. The following details should be with the candidate while downloading the admit card:

  • Registration Number/Roll Number
  • Password/Date Of Birth

A candidate must carry the following items before appearing for the NIACL AO exam:

  1. Printed admit card with a passport photo attached
  2. Original Photo Identity Proof.
  3. Photocopy of the Original Photo Identity

NIACL AO Result 2024

NIACL has not issued any official notification related to the NIACL AO Results. However, once released, candidates can check their results by following the given steps on the official website of NIACL.

  1. Visit the official website of NIACL.  
  2. Select the Recruitment Tab on the top menu or bottom of the page.
  3. Now, select the List of Roll Numbers of Provisionally Shortlisted Candidates for Phase I.
  4. Then enter your login details, login ID, and password.
  5. The system will display the NIACL AO Result on the screen.

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Get Paid for Your Knowledge

Frequently Asked Questions (FAQ)

Q1. What is the minimum age to apply for the NIACL-AO exam?

The minimum age is 21 years, and the maximum is 30 years. Also, there is a relaxation in the upper limit to specific categories of individuals.

Q2. What is the probation period for the job post once selected?

A candidate is appointed in the Officers’ cadre on regular payrolls of the Company. However, they shall be on probation for at least one year from joining duty. However, the probation period may increase twice by a further period of six months, stretching up to one year.

Q3. Is there any guarantee bond that the candidate who qualifies must undertake?

Before joining, the candidate has to give the undertaking of serving the company for a minimum of four years, which furthermore includes the probation period.

Q4. What is the necessary educational qualification for NIACL AO?

A Bachelor’s degree in any discipline from an approved university but for NIACL AO specialists, certain eligibility criteria must be met. 

Q5. Is NIACL AO a government job?

The New India Assurance Company Ltd. is a public-sector insurance company. It is one of the largest insurance companies in the country. Therefore, the NIACL AO exam is a government exam.