The New India Assurance Company Limited (NIACL) exam will recruit candidates to the post of Administrative Officer (Generalists & Specialists). NIACL is one of the five completely owned insurance company by the Government of India, it is a leading global insurance group with offices and branches spread all across the nation. Here, we look at the details of NIACL AO Recruitment 2019.
This year around 312 vacant posts would be filled by the NIACL AO 2019 exam.
When was the Notification for NIACL AO Recruitment 2019 Released?
The notification for NIACL AO 2019 on 5th December 2018 for the recruitment of 312 Administrative Officer (Generalists & Specialists). The NIACL AO 2018 Online Application Registration has started from 10th December. The Online Exam for Phase-I is scheduled on 30th January 2019.
To download the official notification for NIACL AO Recruitment 2019 in PDF format, click on the link below:
Official NIACL AO Recruitment 2019 – Download PDF
NIACL AO 2019 Exam Dates
NIACL has released NIACL AO 2019 Exam Dates with the release of its official notification. A candidate needs to clear both Phases I and II to be eligible for recruitment by NIACL. Important Dates for NIACL 2018 Exam are mentioned below:
| Serial Number |
Activity | Dates |
|---|---|---|
| 1. | Notification released on | 5th December, 2018 |
| 2. | Release of the application form | 10th December, 2018 |
| 3. | Last date to submit application form | 26th December, 2018 |
| 4. | Commencement of Phase-I Online Examination | 30th January, 2019 |
| 5. | Commencement of Phase-II Online Examination | 2nd March, 2019 |
NIACL AO 2019 Recruitment – Eligibility Criteria
Nationality Requirements:
- A candidate applying for recruitment in the Company must be either-
a citizen of India, or - a subject of Nepal, or
- a subject of Bhutan, or
- a Tibetan refugee who came over to India before 1st January 1962 with the intention of permanently settling in India, or
- 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 with the intention of permanently settling in India. Provided that a candidate belonging to categories (b), (c), (d) and (e) shall be a person in whose favour a certificate of eligibility has been issued by the Government of India.
NIACL AO 2019 Age Limit
Minimum Age: 21 years Maximum Age: 30 years, as on 01.12.2018 i.e. a candidate must have been born not earlier than 2nd Dec-1988 and not later than 1st Dec-1997 (both dates inclusive).
SC/ST, OBC and certain other categories are eligible for relaxation in age as follows:
Age Relaxation
| Category | Age Limit |
|---|---|
| SC/ST | 5 years |
| OBC | 3 years |
| Persons with Benchmark Disabilities | 10 years |
| Ex-Servicemen | Actual period of service rendered in the Defence forces + 3 years, maximum upto the age of 45 years |
| Disabled Ex-Servicemen | Relaxation upto the age of 45 years |
NIACL AO 2019 Educational Qualifications
Generalists: A candidate must possess the minimum qualification of a graduate/post graduate in any discipline from a recognized University or any equivalent qualification recognized as such by 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.
Specialists: A candidate must possess the minimum qualification as follows. The qualification should be from a recognized University or any equivalent qualification recognized as such by Central Government
| Discipline | Qualification |
| Company Secretary | ACS/FCS from ICSI and Graduation/Post-graduation in any discipline with min 60% |
| Legal | Graduate/Post-graduate in Law with min 60% (55% for SC/ST/PwBD) |
| Finance & Accounts | Chartered Accountant (ICAI) and Graduation/Post-graduation in any discipline with min 60% (55% for SC/ST/PwBD) Or
Cost and Management Accountant (The Institute of Cost Accountants of India, earlier known as ICWAI) and Graduation/Post-graduation in any discipline with min 60% (55% for SC/ST/PwBD) Or
MBA Finance/PGDM FINANCE* with min 60% (55% for SC/ST/PwBD) Or M. COM with min 60% (55% for SC/ST/PwBD) |
NIACL AO Apply Online 2019
NIACL Apply Online link has been activated. Candidates will be able to submit online Application for NIACL AO 2018 Exam from 10th December 2018. The dates for application are given below:
Start of Online Application: 10th December 2018
Closure of Online Application: 26th December 2018
NIACL AO Application Fee
The details of the NIACL AO is given below:
- For candidates belonging to GENERAL and OBC Category, Rs.600/- needs to be paid as application fee.
- All Candidates belonging to SC/ST/PwD Category have to pay Rs.100/–
- All Payments are needed to be done online either through Credit Card/ Debit Card/ Net Banking/ UPI Payment
- The Application fee is payable online from 10.12.2018 to 26.12.2018 (both dates inclusive).
NIACL AO Admit Card Out
NIACL has released NIACL AO Admit Card for 2019 Prelims Exam. The admit card was made available for download from the 8th of January 2019. The last date for download is 30th January 2019, i.e. the day of the exam. You can download the NIACL Admit Card by clicking on the link provided below:
NIACL 2019 Admit Card Download
NIACL AO Recruitment 2019: The Exam Pattern
The exam will be conducted in three different stages:
- Preliminary Exam or Phase I exam
- Mains Exam or Phase II exam
- Interview Process
Let us now a look at the detailed NIACL AO Exam Pattern 2019
NIACL AO 2019 Preliminary Exam Pattern
The preliminary exam or Phase I exam is an objective type question paper. Apart from the English paper, all papers are set in both English and Hindi.
| S. No. | Name of Test | No. of Questions | Maximum Marks | Duration |
|---|---|---|---|---|
| 1. | English Language | 30 | 30 | 20 minutes |
| 2. | Reasoning Ability | 35 | 35 | 20 minutes |
| 3. | Numerical Ability | 35 | 35 | 20 minutes |
| Total | 100 | 100 | 60 minutes |
NIACL 2018 Mains Exam Pattern
The next stage of the process is NIACL AO Mains or Phase II. There are two different patterns – one for generalists and one for specialists. The details are given below:
For Generalist
| S. No. | Name of the Test | No. of Questions | Maximum Marks | Duration |
|---|---|---|---|---|
| 1. | Reasoning Ability | 50 | 50 | Composite time of 120 minutes |
| 2. | English Language | 50 | 50 | |
| 3. | General Awareness | 50 | 50 | |
| 4. | Quantitative Aptitude | 50 | 50 | |
| Total | 200 | 200 |
For Specialist
| S. No. | Name of the Test | No. of Questions | Maximum Marks | Duration |
|---|---|---|---|---|
| 1. | Reasoning Ability | 40 | 40 | Composite time of 120 minutes |
| 2. | English Language | 40 | 40 | |
| 3. | General Awareness | 40 | 40 | |
| 4. | Quantitative Aptitude | 40 | 40 | |
| 5. | In Specialist stream, an additional test to assess technical& professional knowledge in relevant discipline | 40 | 40 | |
| Total | 200 | 200 |
Descriptive Test
The duration of NIACL AO Descriptive Test will be 30 minutes and it will hold 30 marks. It will be a Test of English Language – Letter & Essay writing. NIACL AO descriptive test will be conducted in English and will take place online.
| Name of Exam | Marks |
|---|---|
| Letter Writing | 10 marks |
| Essay Writing | 20 marks |
Interview Process
An Interview Process will be conducted for final selection of candidates to the post of Administrative Officer. The Ratio of Online Examination and Interview Process will be 80:20. This means that if 80 students appear for the mains exam, 60 candidates would be eliminated and only 20 would be called for the interview and 1 of them would be selected for the job.
NIACL AO Recruitment 2019: Syllabus
The preliminary exam of NIACL AO Exam will have 3 major sections namely Reasoning, Numerical Ability, and English Language. Once you pass the prelims, you would have to appear for the mains. The Mains Exam will have 4 sections in total. Apart from the Objective Test in Mains Exam, a descriptive test will also be conducted. The details of the NIACL AO Syllabus is given below:
NIACL AO Prelims Syllabus
| Section | Syllabus |
|---|---|
| English Language | Reading Comprehension Cloze Test Fill in the blanks Multiple Meaning / Error Spotting Paragraph Complete / Sentence Correction Para jumbles Miscellaneous |
| Quantitaive Aptitude | Simplification Ratio & Proportion, Percentage Number Systems Profit & Loss Mixtures & Alligations Simple Interest & Compound Interest & Surds & Indices Time & Distance Work & Time added in NIACL AO Syllabus Sequence & Series Permutation, Combination & Probability. Data Interpretation Mensuration – Cylinder, Cone, Sphere |
| Reasoning | Coded Inequalities Seating Arrangement Puzzle Tabulation Logical Reasoning Ranking/Direction/Alphabet Test Data Sufficiency Syllogism Blood Relations Input Output Coding Decoding Alphanumeric Series |
NIACL AO Mains Syllabus
| Section | Syllabus |
|---|---|
| Reasoning | Coded Inequalities Seating Arrangement Puzzle Tabulation Logical Reasoning Ranking/Direction/Alphabet Test Data Sufficiency Syllogism Blood Relations Input Output Coding Decoding Alphanumeric Series |
| Quantitative Aptitude | Simplification Ratio & Proportion, Percentage Number Systems Profit & Loss Mixtures & Alligations Simple Interest & Compound Interest & Surds & Indices Time & Distance Work & Time added in NIACL AO Syllabus Sequence & Series Permutation, Combination & Probability. Data Interpretation Mensuration – Cylinder, Cone, Sphere |
| English Language | Reading Comprehension Cloze Test Fill in the blanks Multiple Meaning / Error Spotting Paragraph Complete / Sentence Correction Para jumbles Miscellaneous |
| General Awareness | Current Affairs Summits Books & Authors Awards Sports added in NIACL AO Syllabus Defence National Appointment International Obituary etc Banking Awareness Indian Financial System History of Indian Banking Industry Regulatory Bodies Monetary & Credit Policies Budget Basics and Current Union Budget International Organisation / Financial Institutions Capital Market & Money Market added in NIACL AO Syllabus Government Schemes Abbreviations and Economic terminologies Other important concepts Abbreviations and Economic terminologies Other important concepts |
NIACL AO 2019 Result
The Result for NIACL AO 2019 Recruitment will be released separately for all the three rounds. NIACL AO Prelims Result 2018 will be released first followed by NIACL Mains Result 2018. To know your results, click on the link below:
NIACL AO 2019 Cut Off
The NIACL AO 2018 Cut-Off will be released after each phase of examination is completed. You can check your selection chances by matching their score with the cut-off list released by NIACL.
NIACL AO 2017 Mains Cut-Off
Category-Wise Cut Off (Objective Paper)
| Category | Cut-off |
|---|---|
| SC | 81.5 |
| ST | 72.25 |
| OBC | 88.25 |
| UR | 99.25 |
| HI | 67.5 |
| OC | 75.75 |
| VI | 84.75 |
Category-Wise Cut Off (Descriptive Paper)
| Category | Cut-off |
|---|---|
| SC | 13.5 |
| ST | 13.5 |
| OBC | 15 |
| UR | 15 |
| HI | 13.5 |
| OC | 13.5 |
| VI | 13.5 |
Section-Wise Cut Off
| Sections | SC/ST/PwD Cut-off | GENERAL Cut-off |
|---|---|---|
| English Language | 8.00 | 12.25 |
| Quantitative Aptitude | 7.25 | 9.75 |
| Reasoning | 16.75 | 20.50 |
| General Awareness | 10.00 | 13.25 |
Some Commonly Asked Questions about NIACL AO Recruitment 2019
Can I apply for both Generalist and Specialist Posts in NIACL AO Recruitment?
No. Candidate should apply for any ONE discipline only. Applications made for more than one discipline will render all the applications of the candidate invalid.
I heard that I have to sign a guarantee bond. What is it all about?
Before joining as probationer, the selected candidates will be required to give the undertaking to serve the Company for a minimum period of four years including probation period.
In the event of their resigning from the Company before the expiry of the bond period, they will be liable to pay liquidated damages equivalent to one year’s gross salary paid to them during the year of probation which could be proportionately reduced depending on the length of service rendered. Besides, he/she will have to submit a stamped Bond duly executed by two sureties (not blood relatives) of sound financial standing for an amount equivalent to one year’s gross salary.
Candidates resigning from the Company during the probation period and candidates whose services are terminated by the Company during the probation period shall be liable to pay the salary received by them during their entire service in the Company in addition to an amount of Rs.25,000/- towards the partial cost of training. No lien/bond executed to retain a substantive post with the present employer will be binding upon the Company and no Leave Salary or Pension Contribution will be made.
Where Will I be Posted After Getting Selected through NIACL AO Recruitment?
Selected candidates on appointment may be posted or transferred to any place in India as may be decided by the Company. Please note that most of the aforesaid vacancies are in areas under the offices in Hubli, Raipur and Madurai Regional Offices as well as in Mumbai and its suburbs, Ratnagiri, Raigad & Sindhudurg districts of Maharashtra and the states of Goa & Gujarat. Vacancies for Company Secretary discipline are in Mumbai only. The minimum stay at the initial place of posting will be 5 years.
What Would be the Salary after getting selected for NIACL AO Recruitment?
After you are selected, you would get the Basic pay of Rs. 32,795/- in the scale of Rs. 32795-1610(14)-55335-1745(4)-62315 and other admissible allowance as applicable. Total emoluments will be approximately Rs.51,000/- p.m. in Metropolitan Centers. You would also get other benefits such as coverage under National Pension System governed by PFRDA, Gratuity, LTS, Medical Benefits, Group Personal Accident Insurance etc. as per rules. The Officers are also entitled to Company’s / leased accommodation as per norms. The salary scales are due for revision w.e.f Aug 2017.
How long is the probation period for NIACL AO Recruitment?
A candidate appointed in the Officers’ cadre on regular payrolls of the Company shall be on probation for a period of one year from the date of joining the duty. The probation period may be extended twice by a further period of six months at a time stretching up to one year. During the probation period, the Officers would be required to pass the non-life Licentiate Examination conducted by Insurance Institute of India. Only after passing the said examination the Officer will be eligible for confirmation of his/her services in the Company. Failure to pass the said Examination within the extended probation period will render the officer liable to be terminated from service on expiry of the period so specified. The Company reserves the right to terminate the services of the candidate if found unsuitable at any time during the probation period or the extended probation period without any notice or assigning any reason thereof.
This was all the information that you need to know about the NIACL AO Recruitment 2019. We wish you all the best!