New India Assurance

NIACL Assistant Recruitment 2024: Latest News, Eligibility, Salary & Vacancy

February 23, 2024

Table of Contents

Table of Contents

The New India Assurance Co. Ltd. is one of the largest nationalized public insurance companies based in Mumbai. The New India Assurance Co. Ltd. holds national-level government exams for recruitment to various posts almost every year or as and when vacancies come up. The New India Assurance Co. Ltd. was established in 1919 by Sir Dorabji Tata, the elder son of Jamsetji Nusserwanji Tata, founder of the Tata Group. The insurance company was nationalized in 1973 and incorporated more people into the insurance industry to help the general public at large. Intrested candidates can check NIACL Assistant Recruitment 2024 for latest news, eligibility, salary & vacancy below.

Latest Updates from NIACL Assistant

  • The NIACL Assistant Notification 2024, announced the hiring procedure for the Assistant position at NIACL, by the New India Assurance Company Limited (NIACL).
  • 300 Assistant positions from the open market will be filled by qualified applicants through this process.
  • Applications for the NIACL Assistant 2024 will only be accepted online starting on February 1, 2024, at www.newindia.co.in, the official website.
  • The NIACL Assistant prelims exam is to be conducted on 2nd March 2024.
  • The NIACL Assistant Mains exam is to be conducted on 13th April 2024.
NIACL Assistant

About NIACL

Full FormNew India Assurance Company Limited
FounderSir Dorab Ji Tata
Established Date23rd July 2019
Head OfficeMumbai
Chairman-cum-Managing DirectorMrs. Neerja Kapur

NIACL Assistant 2024: Overview

Unlike other yearly banking exams, NIACL opens the recruitment process per their requirements. The full form for NIACL is New India Assurance Company Limited. The NIACL Assistant is a clerical-level job. The general roles to be fulfilled by a NIACL Assistant are:

  1. Data entry operations
  2. Assisting NIACL AOs in various aspects of daily functioning
  3. Underwriting
  4. Claims
  5. Accounts
Name of the examNIACL Assistant
Exam Conducting BodyNew India Assurance Co. Ltd (NIACL)
Application FilingOnline
Mode of the examinationOnline
Stages of examinationPreliminary, Mains, Regional Language Test
EligibilityGraduation/ Post Graduation
Age limit21 to 30 years
Job PositionAssistant in Class III Cadre
No of vacancies300
official Websitewww.newindia.co.in

NIACL Assistant Recruitment Notification

NIACL opens the recruitment process per their requirements. Through this exam, the NIACL authority recruits Class III Cadres. The roles of a NIACL Assistant are to take care of claim settlement, risk assessment, assistant supervision, and underwriting. The official notification for NIACL Assistant has not been released yet, But candidates can check the previous year’s notification for reference.

NIACL-Assistant-Recruitment-Notification

NIACL Assistant Exam Dates 2024

EventsDates (Tentative)
NIACL Assistant Short Notice 202418th January 2024
NIACL Assistant Notification 2024January 2024
Opening of the Online registration process1st February 2024
Closing of the Online registration process15th February 2024
NIACL Assistant Prelims Exam Date2nd March 2024
NIACL Assistant Mains Exam Date13th April 2024
Results of Exams (Preliminary)Yet to be released
Results of Exams (Mains)Yet to be released
Date of Personal InterviewYet to be released

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

For further information, candidates can contact the examination helpdesk numbers: 022-22708100 and 022-22708400. Once the notification is released, candidates can check it on the official website. Also, they can download the notification in PDF format.

NIACL Assistant Vacancy 2024

Post Vacancies
NIACL Assistant300

NIACL Assistant Application Form 2024

How to apply for NIACL Assistant Recruitment?

Only online applications will be accepted for the NIACL Assistants recruitment process. In addition, the Candidates must submit their application form and complete the payment within the given time.

The process for NIACL Assistant online registration is divided into three steps.

  1. Registration and Application
  2. Payment for the application
  3. Uploading the scanned copy of the required documents

To conclude, all the above-mentioned processes should be completed for a successful registration.

Registration and Application:

  1. Visit the official website of NIACL.
  2. Following that, click on the registration link to get the application form.
  3. You need to register by filling up the required details such as Name, Email ID, Contact number, etc.
  4. Subsequently, an official message is sent to your email/ Message box regarding the successful registration.
  5. You need to log in by using that registration number and password.
  6. Similarly, the next step is to fill up the required details, which include educational qualifications and general details about the candidate.
  7. You can also make multiple attempts to fill up the form.
  8. To save the previously filled-up details, click on the button “Save and Next.” Moreover, you can re-login with the same registration number and password.
  9. Likewise, save every detail that you are providing. Ensure that before moving on to the next segment of the application form.
  10. Finally, check the details thoroughly because there is no chance for correction in the application form after the final submission.
  11. After checking the details and modifying the data (if necessary), you need to click on the “final submit” tab.

Payment for the NIACL Assistant Recruitment:

  1. Firstly, check your web connection to ensure that the transaction process is smooth.
  2. You can make payments only through some selected online payment methods. Offline payment is not accepted. Also, you must ensure that the transaction is completed, as the pending transaction will disrupt the process.
  3. You can only use selected debit cards to make payments (Rupay, Visa, Master, and Maestro). In addition, other online payment methods include Credit/Debit cards, Internet Banking, IMPS, or Mobile Wallets.
  4.  Make sure to click on the payment button after the final submission of the application form.
  5. Besides, the payment should be completed for a successful registration.
  6. After completing the payment, you will receive an e-receipt for the transaction. Finally, you will also receive a confirmation notification via SMS on the registered mobile number/mail ID.

Uploading the scanned copy of the required documents

1. Photo:

A recent passport-size colour photo of measurements- 4.5cm x 3.5cm. The preferred dimension of the image is 230×200 pixels. Also, the image file size should be between 20-50 KB. In addition, the candidates should not be wearing any accessories in the photograph. Subsequently, they should not change their appearance after uploading the photo.

2. Signature:

The Candidates should sign on white paper with black ink and scan it. Also, Candidates must avoid using block letters in signatures. Furthermore, the scanned file size must be between 10-20 KB. Along with that, the dimension preferred is between 140×60 pixels.

3. The fingerprint of the Left thumb:

The candidates must use blue or black ink to make their left thumb impression on white paper. Especially the size of the scanned file of the left thumb impression should be between 10-20 KB, and the dimension is 140*60 pixels.

4. Handwritten declaration (text given below)

“I, _______ (Name of the candidate), hereby declare that all the information submitted by me in the application form is correct, true, and valid. I will present the supporting documents as and when required.”

Candidates must write the text which is mentioned above. This is done on white paper with black ink. The declaration must be written only in the English language. Also, the handwritten declaration must not be in capital letters except for the required cases.

Importantly, all these documents should be scanned and uploaded. There will be separate links for uploading separate documents. To sum up, check the documents before uploading them.

NIACL Assistant 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 based on previous data.

SC/ST/PWBDRs. 100/- (Intimation Charges Only)
All candidates other than SC / ST / PwBDRs. 600 (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 Assistant Eligibility Criteria

The candidates must fulfil educational and general criteria to register for the NIACL Assistant recruitment process.

Nationality:

The most basic criterion to be eligible for this exam is to be a citizen of India. It is an exam in the public sector and requires only citizens in its organization. However, there are more qualifications to this criteria:

To sit for the NIACL Assistant exam, the candidate must be:

  • A citizen of India
  • A subject of Nepal
  • A subject of Bhutan
  • Tibetan refugees who entered and settled in India before 1962
  • Persons of Indian origin migrated from Pakistan, Burma, Sri Lanka, Kenya, Uganda, the United Republic of Tanzania, Malawi, Zambia, Ethiopia, and Vietnam.

The intention of permanency in their migration must be reflected with an eligibility certification from the Government upon migration for subjects from Nepal, Bhutan and other persons of Indian origin as mentioned above.

Educational Qualification

  • Candidates must have graduated from a recognized university or educational institution.
  • Candidates must have had English in SSC/ HSC/ Intermediate / Graduation as a subject.
  • Candidate must be proficient in the state language of the state where he/ she has applied.   

Things to keep in mind while applying for NIACL Assistant:

  • Candidates must be able to provide the relevant mark sheet(s) at the time of employment.
  • Educational Qualifications should be from a University/ Institution/ Board that has been recognized by the Government of India and the relevant Government Regulatory Bodies.
  • Conversion to Percentage:

For Letter Grades and Class Distinctions: The aggregate of all the marks in all the semesters/ years, irrespective of the honours/ optional/ additional optional subject, need to be calculated with the total marks of all these subjects together. This only applies to Universities that provide a letter grade or class distinction based on Honors marks. That means 59.98% will be treated as less than 60% for NIACL Assistant.  

For CGPA/OGPA: The University will have its criteria for conversion to percentage. If not, you have to contact your university for the same.

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. However, a few relaxations have also been granted to candidates under reserved categories concerning the Upper Age Limit:

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 as 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 Assistant Salary

In metro cities, the general pay for NIACL Assistant is Rs 23,500/- per month. There are some additional allowances and benefits that all NIACL Assistants are compensated with per month. There are also different stages in the career of a NIACL Assistant that will ensure an increase in the monthly basic pay. These allowances and benefits are regularly revised by the organization for the benefit and incentive of the employees. The organization will give you all such changes as and when you accept the letter of employment. 

The newly appointed employees will be on probation for a minimum period of 6 months. Before the probation period ends, the performance of the newly recruited employees will be evaluated, and the probation period of those whose performance fails to meet the Company’s expectations may be extended.
Candidates resigning from the Company during the probationary period and candidates whose services are terminated by the Company during the probationary period shall be liable to pay the amount equivalent to the salary paid and 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

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NIACL Assistant Recruitment Syllabus:

Even though two levels of exams need to be cleared to get a letter of employment from NIACL for the post of Assistant, the Mains will just be an extension and a more elaborate paper on the topics from the Prelims paper. The only addition that the main paper will have is the section on Computers.

The NIACL Assistant exam syllabus has been divided into various sections Logical Ability, English Language, and Quantitative Ability. With the addition of Computers in the NIACL Assistant Mains exam. Read on to know the exact topics that are a part of these different categories-

NIACL Assistant Prelims Exam Syllabus:

Quantitative Ability:

  • Data Interpretation
  • Sequence and Series
  • Simplification
  • Approximation
  • Quadratic Equation
  • Arithmetic
  • Probability
  • Data Sufficiency

English Language:

  • Reading Comprehension
  • Grammar
  • Cloze Test
  • Para Jumbles
  • Fill in the Blanks
  • Error Spotting
  • Paragraph Completion
  • Para Jumbles

Logical Reasoning:

  • Puzzles
  • Seating Arrangements
  • Inequalities, Direction Test
  • Blood Relation, Syllogism
  • Input- Output
  • Analogy
  • Ranking
  • Alphanumeric Series

NIACL Assistant Mains Exam Syllabus:

The previous categories will remain the same. The questions will become more detailed, and there is an additional category of Computers.

  • Fundamentals of Computer
  • History of Computer
  • Internet
  • MS Office
  • Memory
  • Input- Output Devices
  • Computer Shortcuts
  • Important Computer Abbreviations

NIACL Assistant Exam Pattern

The NIACL Assistant exam has two levels of written exams that you must clear to receive your Letter of Employment from NIACL. Both exams are conducted online mode.

Prelims exam pattern

  1. NIACL Assistant Prelims Time- 1 hour
  2. NIACL Assistant Prelims Questions- 100

Prelims Paper:

SectionsNo. of QuestionsTotal MarksDuration  
Logical Reasoning353520 minutes  
Numerical Ability353520 minutes  
English Language303020 minutes  
Total –1001001 hour  

NIACL Mains exam pattern

  1. NIACL Assistant Mains Time – 2 hours
  2. NIACL Assistant Mains Questions – 200

Mains Paper:

SectionNo. of QuestionsTotal MarksDuration
Logical Reasoning  4050 –
General Awareness, Current Affairs4050 –
Quantitative Aptitude Test4050
English Language  4050 –
Computer  4050 –
Total200 questions250 marks 2 hours

NIACL Assistant Admit Card

NIACL Assistant admit card will be available on the official website two weeks after the examination. The students who have successfully applied will get the admit card. It should be noted that the NIACL authority will not send the admit card via post or email. You need to take a print of the admit card. A hard copy of the admit card is required at the examination centre and a soft copy will not be accepted at the test centre.

The steps to download the NIACL admit card are given below.

  • Go to the official website of NIACL.
  • Click on the recruitment tab.
  • Click on the name of the exam, for instance, NIACL Assistant.
  • Select the tab to download the exam call letter.
  • Enter registration number
  • Enter the password
  • After filling up the required details, click on the submit button.
  • Finally, download the admit card and take a printout of the admit card.

NIACL Assistant Results

The official notification dates for the NIACL Assistant exam have not yet been announced. Moreover, the results of prelims play a vital role in filtration. Also, the results of the mains decide the selection process. Last but not least, the selected candidates are called for a final interview.

What are NIACL Assistant cut-off marks?

The Cut-off marks are nothing but the minimum qualifying marks. The candidates must get the cut-off scores in sectional and overall levels to qualify. Moreover, failing to achieve the cut-off score in any category will state the candidate has failed. Thus, they will be unable to proceed to the next level.

 T1T2T3
CategoriesEnglish LanguageLogical ReasoningQuantitative Reasoning
 Maximum Marks: 30Maximum Marks: 35Maximum Marks: 35
SC/ ST/ OBC/ Ex- SER/ PC  11.011.013.50
General  14.7516.2517.75

NIACL Assistant Answer key:

The NIACL Answer keys are provided even before the NIACL Assistant results.

The official website of NIACL provides the answer key for the preliminary exam. The candidates can check the website a few days after the exam. This helps them understand their performance and know their chance of moving to the next round. Lastly, the candidates can also download the answer key from the website. The difficulty of the question paper increases every year.

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FAQs

What is the salary of NIACL Assistant 2024?

The basic salary for a NIACL Assistant is Rs 23,500/- Some additional benefits and allowances come with the salary of a NIACL Assistant. These keep changing and improving with each round of recruitment.

How many stages are there in NIACL Assistant Recruitment 2024?

There are two stages to NIACL Assistant recruitment in 2024. The candidate has to clear two written exams- Prelims and Mains. Ensure that you have checked all eligibility before you apply for NIACL Assistant.

How to apply for NIACL Assistant 2024?

Log onto the official website of NIACL and go to the tab of ‘Recruitment’. There will be link information on NIACL Assistant recruitment. The online form is included in the link there. There will be exact instructions to submit the NIACL Assistant online form. You must go through all the requirements before applying for NIACL Assistant.

Is NIACL Assistant a government job?

The New India Assurance Company Ltd. is a public-sector insurance company. It was nationalized in 1973. Therefore, NIACL Assistant is a government job. Any employment in NIACL will be a government job.

What is the NIACL Assistant exam syllabus?

The NIACL Assistant exam syllabus has been divided into various sections of Logical Ability, English Language, and Quantitative Ability, with the addition of Computers in the NIACL Assistant Mains exam.

Can I apply for the NIACL Assistant exam after Class 12th?

The minimum age to apply for NIACL Assistant is 21 years of age. This is because the minimum requirement to appear for the NIACL Assistant exam is graduation; you cannot apply immediately after your Class 12th.