NIACL AO Exam 2020 - Notification, Eligibility Conditions, Exam Pattern and Syllabus

NIACL AO full form is New India Assurance Company Limited. The recruitment for Administrative Post is done for two categories.

  • NIACL AO Generalist
  • NIACL AO Specialist

Aspirants can check relevant information on NIACL exams on the official page.

This article will talk about NIACL AO exam details like eligibility, recruitment and notification, salary and vacancy etc. concerning NIACL AO exam notification 2020.

What is NIACL AO?

The New India Assurance Company Limited is one of the five assurance companies owned by the Government of India based in Mumbai.

It is the largest general insurance company of India founded in 1919 by Sir Dorabji Tata.

As per the requirement of the company, NIACL conducts recruitment to hire Administrative Officer in Specialist and Generalist cadre.

The NIACL AO Job profile for Specialist and Generalist is as mentioned below:

NIACL AO Job profile for Generalists:

Candidates appointed as AO Generalist in NIACL have to perform Claim settlements, risk assessment, underwriting, and Supervision of Assistants work. They will also perform verification of risk proposals and authorization of claims.

NIACL AO Job profile for Specialists:

  • Company Secretary: Work profile of NIACL AO Company Secretary involves the efficient administration with regard to ensure that decisions of the board of directors are implemented and compliance with statutory and regulatory requirements are maintained.
  • Legal Officer: NIACL AO Job profile of Legal Officer involves handling of all legal affairs of the Company. Prepare legal documents and provide legal assistance in various issues of the Company. Monitoring the errors and keeping the authenticity of the documents i.e.Contracts and agreements of the Company.
  • Finance & Accounts Officer: NIACL AO job role for this profile involves management of the financial bookkeeping of the company, sending bills, processing refunds, resolving billing issues, interaction with collection agencies on past-due accounts, preparation of budgets and managing records and receipts, reconciling transactions and preparing balance sheets etc.

NIACL AO Recruitment & Notification

New India Assurance Company Limited conducts NIACL AO exam to recruit eligible candidates for Administrative Officer post in various cadres.

NIACL AO exam is not conducted annually. New India Assurance Company Limited releases notification to hold a recruitment drive as per the company’s requirement.

Apart from NIACL AO exam recruitment, New India Assurance Company Limited also holds a recruitment drive for NIACL Assistant exam.

Salient points of NIACL AO exam is given below:

NIACL AO Important Details

Name of the Exam

New India Assurance Company Limited, Administrative Officer Exam

Conducted by

NIACL- New India Assurance Company Limited

Recruitment Cadre

Scale-I

  • NIACL AO Generalist
  • NIACL AO Specialist

NIACL Official Website

https://www.newindia.co.in/

NIACL AO Job Location

Across India

NIACL AO Exam Notification

The last NIACL AO exam notification is yet to be released.

NIACL AO Vacancy

A total of 312 applications were invited by the New India Assurance Company Limited to fill the post of Administrative Officer in Scale-I cadre as generalist and specialist officers.

Reserved categories

Number of Vacancies

UR

175

SC

37

ST

26

OBC

74

Total

312

NIACL AO Salary

Candidates who clear the NIACL AO examination are appointed as Scale-I officer in the New India Assurance Company Limited.

The NIACL AO salary structure for a scale-I officer is as mentioned below:

NIACL AO Salary Structure 2018-19

Basic Pay

Pay Scale

Monthly Pay

32,795/-

32795-1610(14)-55335-1745(4)-62315

51000/-

NIACL AO – How To Apply?

Aspirants of NIACL AO examination have to register themselves for the same on the official website of NIACL.

Application of NIACL AO exam is accepted only through online mode. Candidates who wish to apply for NIACL AO 2019 exam should follow the given procedure.

Steps to apply for NIACL AO 2019 examination:

1. Visit the Official Website of NIACL i.e. www.newindia.co.in/

2. Click “recruitment.”

3. Click the option “Apply online.”

4. Choose “Click here for new registration.”

5. Enter your Name, Contact details and a valid mail Id.

6. A provisional registration number and password will be generated and sent to the number and mail Id given by you.

7. Log in with the registration number and password provided during application. Fill up the information asked and click on “Save and Next.”

8. Recheck the details given, choose “Validate your details” and then click “Save and Next.”

9. Upload your photo and signature as per the specifications given in the notification.

10. Click preview to check the information provided by you and choose “Final Submit” only after verifying.

11. Click on the Payment Tab, proceed with the details.

12. Click on Submit.

13. Take a print out of the final Application form for future reference.

 

NIACL AO – Application Fee

The application fee for NIACL AO exam is non-refundable in any case and cannot be reserved for any other exam or selection.

Also, the transaction charge, if any, is to be borne by the candidates.

NIACL AO Application fees for reserved categories is given below:

NIACL AO Exam Application Fees

SC/ST/PWD

Only Intimation Charges i.e. 100/- rupees

General & OBC

Application Fee plus intimation charges i.e. 600/- rupees

NIACL AO Admit Card

The NIACL AO Admit card is released 15 days before the AO exam by the New India Assurance Company Limited.

Admit card for NIACL AO exam is released separately for the three phases of the exam, i.e. Prelims, Mains and Interview Process.

Candidates can download the NIACL AO call letter from the official website of NIACL by entering their registration number and password generated while applying for the Administrative Officer exam.

NIACL AO Eligibility Conditions

Aspirants of NIACL AO 2019-20 must fulfil the eligibility conditions prescribed in the official notification of NIACL AO exam.

The eligibility conditions to appear for NIACL AO exam is segregated on the basis of:

  1. Nationality
  2. Education Qualification
  3. NIACL AO age limit & relaxation

NIACL AO – Nationality

The NIACL AO eligibility criteria in terms of Nationality for Administrative Officer Job is as mentioned below:

A candidate must be:

  • A citizen of India, or
  • A subject of Nepal, or
  • A subject of Bhutan, or
  • A Tibetan refugee who came over to India before January 1, 1962, with the intention of permanently settling in India, or
  • A person of Indian origin who has migrated from Pakistan, Burma, Sri Lanka, East African countries of Kenya, Uganda, the United Republic of Tanzania, Zambia, Malawi, Zaire, Ethiopia and Vietnam with the intention of permanently settling in India Provided that a candidate shall be a person in whose favour a certificate of eligibility has been issued by the Government of India.

NIACL AO - Education Qualification

The minimum qualification for NIACL AO exam is a Graduate or Post Graduate degree from any government recognized University in any discipline.

Candidates who apply for Generalist cadre and belong to reserved categories like SC/ST/PWD must have at least 55% marks, and at least 60% marks are required for a General candidate to be eligible to appear for NIACL AO exam.

For the Administrative Officer- Specialist Cadre, the education qualification for applicants goes as under:

NIACL AO – Minimum Qualification (AO Specialist)

Discipline

Qualification

Company Secretary

ACS/FCS from ICSI and Graduation Or Post-graduation in any discipline with minimum 60% marks.

Legal

A Graduate Or Postgraduate in Law with minimum 60% (55% for SC/ST/PwBD)

Finance & Accounts

Chartered Accountant (ICAI);

A Graduation Or Post-graduation in any discipline with minimum 60% marks (55% for SC/ST/PwBD);

Cost and Management Accountant ICWAI- The Institute of Cost Accountants of India & bachelor’s Or Master’s Degree in any discipline with minimum 60% and 55% in case of SC/ST/PwBD;

MBA Finance Or PGDM FINANCE* Or M.COM with minimum 60% for unreserved candidates and 55% for SC/ST/PwBD

*Candidates with MBA Or PGDM Finance must furnish a certificate from the university confirming their specialization in finance at the interview, Failing which will disqualify them from appearing for the interview round.

Salient points related to educational qualification for NIACL AO exam:

NIACL AO Age Limit & Relaxation

As per the NIACL AO age limit eligibility conditions, a candidate must be born not earlier than December 2, 1988, and not later than December 1, 997.

Minimum age limit to appear for NIACL AO exam is 21 years and maximum age limit is 30 years.

The maximum bar on NIACL AO age limit mentioned-above gives certain relaxation for candidates belonging to reserved categories. Scroll down to check the Age limit relaxation.

Candidates should keep in mind the following important points related to NIACL AO Age limit:

NIACL AO Exam Pattern And Syllabus

The NIACL AO Syllabus and exam pattern are set by the New India Assurance Company Limited.

NIACL AO Selection Process

NIACL AO exam pattern involves a written examination that is only conducted online.

NIACL AO selection process is divided into four stages-

  1. Preliminary Exam: comprises three sections, i.e. English Language, Quantitative Aptitude and Reasoning Ability. The questions asked are all objective type carrying the weightage of 100 marks.
  2. Mains Exam: comprises two parts, each having four sections. The Objective test is of 200 marks and Descriptive Test totals 30 marks. The four sections in the Mains Exam are English Language, Reasoning, QA and General Awareness.
  3. Interview: Candidates qualifying the NIACL AO Mains exam are called for the interview round. The weightage of online exam and Interview will be 80: 20 respectively.
  4. Final Selection: The final selection of NIACL AO exam is based on consolidated marks of the Mains exam and Interview round.

NIACL AO Syllabus

As mentioned, NIACL AO Syllabus for Prelims exam covers three sections, i.e. Reasoning, Numerical Ability and English. Similarly, the NIACL AO Syllabus for Mains exam covers four sections that include General Awareness apart from the above three sections.

The descriptive section of the Mains exam also asks questions related to professional knowledge only for the applicants of AO Specialist cadre.

The NIACL AO Syllabus covers the following topics.

NIACL AO Exam Syllabus

Quantitative Aptitude

Reasoning

English Language

General Awareness

Simplification

Number Series

Percentage

Profit & Loss

Average

Ration & Proportion

Simple Interest & Compound Interest

Problem-based on Age

Time & Work

Pipe & Cistern

Partnership

Speed, Time & Distance

Allegation & Mixture

Train, Boat & Stream

Mensuration

Alphabetic series

Blood relation

Coding-Decoding

Order ranking

Directions

Syllogism

Inequality

Input-output

Data sufficiency

Seating Arrangement

Puzzles

Logical reasoning

Fill in the blanks

Para Jumbles

Cloze Test

Reading-comprehensions

Error spotting

Phrase replacement

Sentence correction

Para completion

Vocabulary

Current Affairs

Banking & Insurance Awareness

Finance Awareness

Government Policies & schemes

Static Awareness

Question and answer of NIACL AO exam 2020

Q. What is the NIACL?

NIACL’s full form is New India Assurance Company Limited. It was founded in 1919 by Sir Dorabji Tata. It is owned by the Government of India based in Mumbai.

Q. What is the NIACL AO examination 2020?

The NIACL AO examination when AO stands for Administrative officers. This exam is not conducted annually. There are the following two categories:- 

  • NIACL AO Generalist
  • NIACL AO Specialist

Q. When will the NIACL AO examination be held in 2020?

No official notification has been passed until now at the official website related to the recruitment process. Candidates are requested to check the site regularly. The following are the steps to check the official notification of the NIACL AO examination 2020:-

1. Visit the official website that is https://www.newindia.co.in/portal/.

2. Then go to recruitment.

3. Here, you will see the official notification related to the recruitment of the AO post.

 

Q. What is the mode of the NIACL AO examination?

There is only one mode of the examination, and that is online.

Q. What is the eligibility criteria for the NIACL AO examination?

The following are the eligibility criteria for the NIACL AO examination:-

  • Age-based eligibility
  • Educational qualification

Q. What is the age limit for the NIACL AO examination?

The candidate minimum age should be 21, and the maximum age should be 30.

Q. What is the educational qualification for the NIACL AO examination?

The following is the educational qualification for the NIACL AO examination is as follows:-

  • The minimum qualification of the candidate should be graduation/ post-graduation with 60% marks from a recognized university in any discipline. 
  • The minimum qualification for the SC/ST category candidate should be graduation/ post-graduation with 55% marks from a recognized university in any discipline.

Q. Is there any age relaxation in the NIACL AO examination?

Yes, there is age relaxation in the NIACL AO examination. 

Q. What are the total vacancies in the NIACL AO examination in 2020?

312 vacancies

Q. What are NIACL AO exam application fees?

The application fees of NIACL AO exam are as follows:-

  • For general and OBC categories, it is INR 600.
  • For the SC/ST/PWD category, it is INR 100.

Q. What is the total emoluments of the NIACL AO?

The total emoluments will be approx INR 51,000 per month along with the other allowances.

Q. What are the stages in the selection process of the NIACL AO examination in 2020? 

The following are the stages in the selection process of the NIACL AO examination in 2020:-

  • Stage 1:- Preliminary exams
  • Stage 2:- Mains exam:- The mains exam consists of an objective test and a descriptive test.
  • Stage 3:- Interview 

Q. How many subjects are there in the NIACL AO Preliminary exam, and how many marks are allotted to them?

There are three subjects in the NIACL AO Preliminary exam that are as follows:- 

  • English Language:- 30 marks
  • Reasoning Ability:- 35 marks
  • Numerical Ability:- 35 marks

Q. What is the duration of the NIACL AO Preliminary examination in 2020, and is there also sectional time?

60 minutes is the total duration of the NIACL AO Preliminary examination. Yes, there is a sectional time, and that is as follow:-

  • English Language:- 20 minutes
  • Numerical Ability:- 20 minutes
  • Reasoning Ability:- 20 minutes

Q. What is the NIACL AO 2020 mains examination pattern for generalists?

The NIACL AO 2020 mains examination pattern for generalists are as follows:-

  • English Language:- 50 marks
  • Quantitative Aptitude:- 50 marks 
  • Reasoning Ability:- 50 marks
  • General Awareness:- 50 marks

Q. What is the duration of the NIACL AO 2020 mains examination pattern for generalists?

The duration of the NIACL AO 2020 mains examination pattern for generalists is a composite time of 2 hours.

Q. What is the NIACL AO 2020 mains examination pattern for Specialists?

The NIACL AO 2020 mains examination pattern for specialists are as follows:-

  • English Language:- 40 marks
  • Quantitative Aptitude:- 40 marks 
  • Reasoning Ability:- 40 marks
  • General Awareness:- 40 marks
  • Technical & professional knowledge:- 40 marks

Q. What is the duration of the NIACL AO 2020 mains examination pattern for specialists?

The duration of the NIACL AO 2020 mains examination pattern for specialists is a composite time of 2 hours.