New India Assurance Assistant Recruitment 2024 – Latest Job Openings and Selection Process

The New India Assurance Company Ltd (NIACL) has released a recruitment notification for Assurance Assistant in 2024 across various offices in India. This presents a great job opportunity for candidates looking to build a career in the insurance domain.

As a leading PSU general insurance company, New India Assurance invites applications for 500+ Assurance Assistant vacancies all over India to select motivated individuals for a rewarding career.

Overview of Vacant Posts

The zone and discipline-wise distribution of posts is given below:

Zone Vacancies Discipline Vacancies
North Zone 200 General 180
Accounts 10
Actuarial 10
South Zone 150 General 130
Accounts 10
Actuarial 10

 

This presents a good job opportunity for candidates from both finance and non-finance backgrounds to get employed with a stable PSU insurance provider.

New India Assurance Assistant Eligibility Criteria

The eligibility norms specified by NIACL for the Assurance Assistant post are:

Academic Qualification:

  • Graduate from recognized university in any discipline
  • Candidates having CA/ICWA/CS qualifications can apply

Age Limit:

  • Minimum Age – 21 years
  • Maximum Age – 30 years

Relaxations in upper age:

  • 5 years for SC/ST candidates
  • 3 years for OBC candidates
  • Extra 10 years for differently abled candidates

Moreover, candidates should be proficient in operating computer systems and MS Office with good communication skills.

Roles and Responsibilities

The selected candidates will be appointed as Assurance Assistants across various branch offices of NIACL.

Key Roles & Responsibilities:

  • Providing customer support and resolving policy-related queries
  • Processing and verification of new policy proposals
  • Maintaining records and database of policies handled
  • Coordinating with surveyors and legal teams
  • Managing renewal premiums and policy documents
  • Maintaining daily reports and transaction logs

Candidates from finance background can also be involved with accounting, financial reporting and actuarial functions.

Overall, it offers a great opportunity to start and build an insurance sector career with India’s pioneering general insurance company.

NIACL Assurance Assistant Salary and Perks

The pay scale for New India Assurance Assistants is ₹14,435 to ₹36,085 (IDA Pay Scale Rs. 9540-340(3)-10840-410(5)-15700-490(2)- 17750-540(5)-22290) as per the company norms.

Selected candidates also receive allowances, incentives and various perks like:

  • Dearness Allowance (DA)
  • House Rent Allowance (HRA)
  • City Compensatory Allowance
  • Other perks like medical, travel allowances
  • Group insurance benefits
  • Annual increment & performance linked bonus
  • Retirement benefits like gratuity and pension

Therefore, it offers a good opportunity for candidates to build a stable public sector career with attractive pay scale and allowances.

How to Apply for Assurance Assistant Vacancy?

Eligible candidates can apply to the ongoing NIACL Assurance Assistant recruitment drive through online registration only. No other application mode will be accepted.

The key steps to apply online are:

  • Go to NIACL careers page and click on “Recruitment of Assurance Assistant” link
  • Click on “Apply Online” button and complete one-time registration
  • Login using registration details and fill the application form
  • Upload scanned photo, signature and documents
  • Pay the application fees online
  • Submit form and take printout of final submission receipt

Candidates must ensure that the application process is correctly completed before last date. The direct apply link gets activated at careers page when notification releases.

Selection Process

The selection for Assurance Assistant posts will be done through:

Phase I: Preliminary Exam

  • Objective MCQ test of 120 minutes
  • Composite time of 160 minutes for candidates requiring scribe

Section-wise distribution:

Section Topics Marks
Reasoning Ability 50 questions 50
Numerical Ability 35 questions 35
General & Financial Awareness 35 questions 35
Total 120 questions 120

 

Qualifying marks criteria will be released by NIACL later.

Phase II: Main Exam

  • Candidates shortlisted from preliminary exam are eligible
  • Will feature tests for general English, reasoning ability, quantitative aptitude and general awareness
  • The total marks and duration shall be informed through call letter

Phase III: Interview Round

  • Based on candidate’s scores in main exam, they will be shortlisted for interview
  • Structured interview to evaluate aptitude, technical knowledge and communication skills
  • Final merit list creation based on main exam and interview performance

Training and Probation Period

  • Selected candidates have to first successfully complete pre-appointment training
  • The probation period will be of 6 months which may be extended
  • Candidates will get company allotted region/office posting only after confirmation of services

Therefore candidates must satisfy all selection rounds and qualifying criteria to get recruited as New India Assurance Assistants.

Why Join NIACL Assurance Assistant Job?

Here are some key reasons that make New India Assurance Assistant openings an exciting career opportunity:

  • Reputed public sector insurance company with rich legacy
  • Good entry-level job and launch pad for career growth
  • Handsome and stable pay package with various benefits
  • Opportunity to be part of large sales team
  • Exposure to insurance domain – products, processes, risks
  • Option to shape one’s career in technical or non-technical roles
  • Transfer and placement opportunities across India

In summary, New India Assurance Assistant role offers a wonderful chance to start your career and professional journey with industry leaders in general insurance services.

Conclusion

New India Assurance Company invites suitable candidates with graduate qualifications to apply for the Assurance Assistant recruitment notification in 2024.

Central Bank of India Recruitment 2024 Apply Office Assistant

It provides job security working with a pioneer general insurer along with attractive pay and emoluments. Excellent growth prospects make it worthwhile for aspirants seeking public sector openings or gaining insurance sector exposure.

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