The New India Assurance Company Ltd., a leading Public Sector General Insurance Company, invites applications for recruitment of 312 Officers (Generalist & Specialists) in Scale I cadre from open market.
Generalists: A candidate must possess the minimum qualification of a graduate/post graduate in any discipline from a recognised University or any equivalent qualification recognised as such by Central Government with at least 60% marks in either of the degree examination for General candidates and at least 55% marks for SC/ST/PwBD candidates.
- Legal Graduate/Post-graduate in Law with min 60% (55% for SC/ST/PwBD).
- Company Secretary: ACS/FCS from ICSI and Graduation/Post-graduation in any discipline with min 60%
- Finance & Accounts: Chartered Accountant (ICAI) and Graduation/Post-graduation
in any discipline with min 60% (55% for SC/ST/PwBD)
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)
MBA Finance/PGDM FINANCE* with min 60% (55% for SC/ST/PwBD)
M.Com with min 60% (55% for SC/ST/PwBD)
Candidate should possess certificate in proof of passing the qualifying examination as on 01.12.2018.
MBA/PGDM Finance candidates must furnish certificate from university confirming their specialization in finance at the time of interview, failing which they will not be allowed to appear for the interview.
Age (as on 01.12.2018)
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). Relaxation in upper age limit applies to SC/ST/PwD/ Ex-servicemen etc.
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.
Before joining as probationer, the selected candidates will be required to give an undertaking to serve the Company for a minimum period of four years including probation period. The details are available in the official notification below.
Emoluments and Benefits
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.
Other benefits such as coverage under National Pension System governed by PFRDA, Gratuity, LTS, Medical Benefits, Group Personal Accident Insurance etc. shall be as per rules. The Officers are also entitled for Company’s / leased accommodation as per norms. The salary scales are due for revision w.e.f Aug 2017.
Phase-I: Preliminary Examination consisting of Objective Tests for 100 marks will be conducted online.
Phase-II: Main Examination, which 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.
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 80:20 respectively. The centre, address of the venue, time & date of Interview will be informed to the shortlisted candidates in the call letter.
How to apply
Apply online at this page. The application process starts on December 10, 2018.
The deadline for application is December 26, 2018.
Application Fee (Non-Refundable): Payable on-line from 10.12.2018 to 26.12.2018 (both dates inclusive)
SC/ ST / PwBD: Rs. 100/- (Intimation Charges Only)
All candidates other than SC/ ST / PwBD: Rs. 600/- (Application fee including intimation charges)
|Commencement of online registration of application||10/12/2018|
|Closure of registration of application||26/12/2018|
|Closure for editing application details||26/12/2018|
|Last date for printing your application||11/01/2019|
|Online Fee Payment||10/12/2018 to 26/12/2018|
For any issues, contact email@example.com or call Toll-free number: 1800-209-1415.
For full details, view the official notification given here.