The New India Assurance Company Recruitment 2024
The New India Assurance Company Ltd., a premier public sector insurance company, has announced the recruitment of 170 Administrative Officers (Generalists & Specialists) in Scale I cadre for the year 2024. This is an excellent opportunity for candidates looking for a stable and well-respected government job.
Table of Contents
- Vacancies
- Eligibility Criteria
- Important Dates
- Probation Period
- Guarantee Bond
- Emoluments and Benefits
- Selection Procedure
- How to Apply
- Frequently Asked Questions
Vacancies
The New India Assurance Company Recruitment 2024 offers 170 positions for Administrative Officers in the Generalist and Specialist streams. Below is a detailed breakdown of the vacancies:
| Post | Total | SC | ST | OBC | EWS | UR |
|---|---|---|---|---|---|---|
| Generalists | 120 | 18 | 8 | 32 | 12 | 50 |
| Accounts | 50 | 7 | 4 | 13 | 5 | 21 |
Eligibility Criteria
Candidates applying for The New India Assurance Company Recruitment 2024 must meet the following eligibility criteria:
| Criteria | Details |
|---|---|
| Age | 21 to 30 years as of 01.09.2024 |
| Nationality | Indian Citizen, subject of Nepal/Bhutan, or a Tibetan refugee who came to India before 1st Jan 1962 |
| Educational Qualification | Graduation/Post-Graduation with minimum 60% marks (55% for SC/ST/PwBD) |
Important Dates
| Event | Date |
|---|---|
| Start of Online Application | 10th September 2024 |
| Last Date to Apply | 29th September 2024 |
| Phase-I Exam | 13th October 2024 |
| Phase-II Exam | 17th November 2024 |
Probation Period
Selected candidates will be on probation for one year, which may be extended twice for six months each. Candidates must pass the Non-Life Licentiate Examination during the probation period for confirmation of employment.
Guarantee Bond
Candidates selected for The New India Assurance Company Recruitment 2024 must sign a bond to serve the company for a minimum period of four years, including the probation period.
Emoluments and Benefits
The selected candidates will receive a starting basic pay of Rs. 50,925/- in the scale of Rs. 50,925-96,765/-, with gross monthly emoluments of approximately Rs. 88,000/- in metropolitan cities. Below are additional benefits:
| Benefit | Details |
|---|---|
| National Pension System | As per PFRDA regulations |
| Medical Benefits | Comprehensive coverage |
| Group Personal Accident Insurance | Company provides coverage |
Selection Procedure
The selection process for The New India Assurance Company Recruitment 2024 consists of three phases:
| Phase | Description |
|---|---|
| Phase-I | Preliminary Exam (Objective Test for 100 marks) |
| Phase-II | Main Exam (Objective and Descriptive Test for 230 marks) |
| Phase-III | Interview (Weightage 75:25 between Main Exam and Interview) |
How to Apply
Candidates interested in The New India Assurance Company Recruitment 2024 can apply online by following these steps:
- Visit the official website and click on the “Apply Online” link( click here)
- Fill out the required details, upload the necessary documents, and pay the application fee.
- Submit the application form and take a printout for future reference.
- Download Notification here
Frequently Asked Questions
1. What is the last date to apply?
The last date to apply for The New India Assurance Company Recruitment 2024 is 29th September 2024.
2. Can I apply for both Generalist and Specialist posts?
No, you can apply for only one post. Multiple applications will lead to disqualification.
3. What is the age limit for the recruitment?
The minimum age is 21 years, and the maximum age is 30 years as of 1st September 2024. Age relaxations apply for reserved categories.
4. What are the salary details?
The basic salary starts at Rs. 50,925/- and can go up to Rs. 96,765/-. The gross salary is approximately Rs. 88,000/- per
5. Is there a bond to be signed?
Yes, candidates selected for The New India Assurance Company Recruitment 2024 must sign a bond agreeing to serve the company for a minimum of four years, which includes the probation period.
6. What are the educational qualifications required?
Candidates must hold a Graduation/Post-Graduation degree in any discipline from a recognized university with a minimum of 60% marks for general category and 55% for SC/ST/PwBD candidates.
7. Can I modify my application form after submission?
No, once you submit the application form, no changes will be allowed. Ensure all details are accurate before submission.
8. Is there an application fee?
Yes, the application fee for general candidates is Rs. 850/-. For SC/ST/PwBD candidates, the fee is Rs. 100/-.
9. What is the selection process for this recruitment?
The selection process includes three phases: Preliminary Examination, Main Examination (Objective and Descriptive), and an Interview. The final selection will be based on the combined score of the Main Exam and the Interview.
10. How can I download the call letter for the exam?
You can download the call letter from the official website of The New India Assurance Company Ltd. using your registration number and password.
Conclusion
The The New India Assurance Company Recruitment 2024 offers a prestigious opportunity to join one of the top public sector insurance companies in India. Candidates should make sure they meet all the eligibility criteria and prepare thoroughly for the selection process. With competitive pay, comprehensive benefits, and the opportunity for career growth, this recruitment is a great chance for job seekers aiming to work in the insurance sector.
