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NIACL AO 2024 RECRUITMENT OUT

Introduction:

The New India Assurance Company Ltd., a leading Public Sector General Insurance Company, invites applications for recruitment of 170 Officers (Generalists & Specialists) in Scale I cadre from open market.

Recruitment Schedule of NIACL AO 2024:

On-line registration and payment of application fees10th to 29th September 2024
(both dates inclusive)
Phase-I Online Examination
(Objective)
13th October 2024
(tentative)
Phase-II Online Examination
(Objective + Descriptive) 
17th November 2024
(tentative)

Number of Vacancies in NIACL AO 2024:

StreamTotal
Accounts50
Generalists120
Total170

Eligibilty Criteria for NIACL AO 2024:

Age Limit: As on 09th Sep 2024

Minimum Age: 21 years

Maximum Age: 30 years

Relaxation in upper Age limit shall be as follows:

CategoryAge Relaxation
SC/ST5 years
OBC3 years
Ex-Servicemen5 years
Defense service Personnel Disabled in operation during hostilities with any foreign country or a disturbed area and released as a consequence thereof3 years
Widows/Divorced Women and women legally separated from their husbands, who have not remarried9 years
Existing Confirmed Employees of Public Sector General Insurance Companies8 years
PwD10 years

Selection Procedure of NIACL AO 2024:

Phase-I: Pre Examination.

Serial No.Name of TestType of TestMax. MarksDuration of each test / SectionLanguage
1English LanguageObjective3020 minEnglish
2Reasoning AbilityObjective3520 minEnglish / Hindi
3Quatitative AptitudeObjective3520 minEnglish / Hindi

Phase-II: Main Examination

Main Examination will consist of Objective Tests for 200 marks and Descriptive
Test for 30 marks. Both the Objective and Descriptive Tests will be online.
Candidates will have to answer Descriptive Test by typing on the computer.
Immediately after completion of Objective Test, Descriptive Test will be
administered.
 
(I) Objective Test: The Objective Test of 2.5 hours’ duration will be as follows.
There will be separate timing for every section.
 
For Generalists
Serial No.Name of TestType of TestMax. MarksDuration of each test / SectionLanguage
1English LanguageObjective5040 minEnglish
2Reasoning AbilityObjective5040 minEnglish / Hindi
3Quatitative AptitudeObjective5040 minEnglish / Hindi
4General AwarenessObjective5030minEnglish / Hindi
      
TOTAL 200  
 For Specialists
 
Serial No.Name of TestType of TestMax. MarksDuration of each
test / Section
Language
1 Test of Reasoning Objective4030 minEnglish
2Test of English Language Objective4030 minEnglish / Hindi
3Test of General AwarenessObjective4025 minEnglish / Hindi
4Test of Quantitative AptitudeObjective4030minEnglish / Hindi
5In Specialist stream, an additional test to assess technical& professional knowledge in the relevant disciplineObjective4035 minEnglish / Hindi
Total200  

(ii) Descriptive Test: The Descriptive Test of 30 minutes’ duration with 30 marks will be a Test of English Language (Letter Writing-10marks & Essay-20 marks). The descriptive test will be in English and will be conducted through on-line mode. 

Each candidate will be required to obtain a minimum score for each section of objective test separately for short listing for the Descriptive test evaluation/Interview. Descriptive answer script would be evaluated only in respect of those candidates who qualify the objective test. Depending on the number of vacancies available, cut offs will be decided for Descriptive paper evaluation.

Each candidate will be required to obtain a minimum total score (to be decided by the Company according to number of vacancies) in the objective test (main examination) and qualify in the descriptive test for short listing for the Interview. Qualifying marks in the descriptive test shall be as follows: 15/30 (13.5/30 for SC, ST and PwBD). 

A candidate shall be required to qualify in the descriptive test, but the marks in the descriptive test will not be counted towards short listing for interview or final selection. 

Penalty for Wrong Answers (Applicable to both – Preliminary and Main examination) 

There will be penalty for wrong answers marked in the Objective Tests. Each question for which a wrong answer has been given by the candidate, one-fourth of the marks assigned to that question will be deducted as penalty to arrive at corrected score. If a question is left blank, i.e. no answer is marked by the candidate, there will be no penalty for that question. The Company reserves the right to modify the structure of the examination which will be intimated through its website.

Phase – III: 

Interview Candidates who have been shortlisted at the end of Phase-II will subsequently be called for an Interview to be conducted by the Company. Interview will be conducted at select centres. The weightage (ratio) of online Examination and Interview will be 75:25 respectively. The centre, address of the venue, time & date of Interview will be informed to the shortlisted candidates in the call letter. Candidates are required to download their interview call letters from company’s website. Please note that any request regarding change in date, centre etc. of interview will not be entertained. However, the company reserves the right to change the date/ venue/ time/ centre etc. of interview or hold supplementary process for particular date / session / venue / centre / set of candidates at its discretion, under unforeseen circumstances, if any.

Final selection

Final selection would be based on consolidated marks of main examination
(objective test) & Interview. The final merit list shall be prepared in descending
order of the consolidated marks secured by the candidates. Candidates who fall
within the number of vacancies in the merit list shall be considered for
appointment. The selected candidates may be appointed in more than one batch
as per the discretion of the Management. The seniority of the selected
candidates will be as per the merit / select list. A Waiting List of candidates not
exceeding 50% of the number of vacancies may also be prepared and may be
utilized in the event of non-acceptance of employment offer by the candidates
selected in the final merit list.

 As per prevailing practice, in the event of two or more candidates having
obtained the same score, final merit is decided in the following order: a) Marks
secured in interview (candidate securing higher marks in interview shall be
placed before/ above the candidate securing lesser marks). If interview marks
are same, then b) date of birth (candidate senior in age is placed before/ above
the candidate junior in age).
Appointment of selected candidates is subject to their being found medically fit
as per the requirements of the Company. Such appointment will also be subject
to the service and conduct rules of the Company.

The candidates are advised to ensure that they fulfill the requirements of age and qualification (as on respective crucial dates mentioned earlier) before they apply. If a candidate is found ineligible, his/her candidature will be cancelled at any stage of recruitment. Appearing in the ONLINE EXAMINATION(S) & INTERVIEW will not automatically confer any right of being selected for the said post.

Please note that candidates will not be permitted to appear for the online examination without the following documents:
(1) Valid Call Letter for the respective date and session of Examination
(2) Photo-identity proof (as specified) in original bearing the same name and
other information as it appears on the call letter/ application form and
(3) Photocopy of the above photo-identity proof (as detailed below*)

 

Application Fees of NIACL 2024:

 Payable on-line from 10.09.2024 to 29.09.2024 (both dates inclusive) (Non-Refundable)
C/ ST / PwBDRs. 100/- (inclusive of GST) (Intimation
charge only)
All
candidates
other than SC/ ST / PwBD
Rs. 850/- (inclusive of GST) (Application
fee including intimation charges)
*The transaction charge, if applicable, is to be borne by the candidate. Fee/ Intimation charges once paid will NOT be refunded on any account nor can it be held reserve for any other examination or selection.

Application Link of NIACL AO 2024:

To Apply for NIACL AO 2024 Click to Apply Online

Notification Link of NIACL AO 2024:

To Download the NIACL AO notification Click Here

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