The New India Assurance company is one of the largest general insurance company wholly owned by the Government of India. The company is operating globally with its presence in 28 nations. The headquarters of the company is in Mumbai; it has been serving customers in the non-life insurance segment since last 40 years. Sir Dorabji Tata founded this company during the pre-independence era in 1919. It is considered as the leader in the insurance sector, its overseas business reached Rs.18371 Cr, and in India, it crossed Rs. 15149.50 Cr in the year 2014-15. The company has the privilege of being financially strongest to fulfill the requirements of Policyholders. The rating agency CRISIL ranked it as the ‘AAA/Stable which makes it the most stable company in India.
The company serves a good proportion of people across India. It employs over 19,000 people, and approximately 50,000 agents are working with the agency. NIACL has over 170 products which provide service to general insurance segment in India. The workforce of the New India Assurance is its strength, which drives the company towards growth. NIACL conducts stringent recruitment procedure to induct the most qualified individuals into services. The NIACL recruits eligible candidates for specialist officer posts which is similar to the recruitment of generalist officers in UIIC, LIC AAO and LIC ADO. All these permanent jobs comes under central government job category. The recruitment will be done online, and candidates will have to go through all the phases of examination. To qualify these exams one should have a sound knowledge on Current Affairs and GK.
Recruitment notification by the company is released in all the leading newspapers and employment newspapers. Also, can visit the official website of NIACL to download the pdf version of notification, it contains details related to eligibility, relaxation policy and other criteria required by the candidate. The examination will be conducted at various centers in India. NIACL practices ensure transparent recruitment procedures, which allows only the most efficient people into services. The application process for recruitment is online, and examination fees can be paid in both offline and online mode. Call letters to examination can be downloaded from the official website few days before the test.
The recruitment is conducted in three phases, which comprise preliminary, mains and interview. The list of the selected candidates will be released based on their performance in the recruitment process.