The New India Assurance Company Limited (NIACL) is a multinational general insurance giant and a premier Public Sector Undertaking (PSU) under the Ministry of Finance. Known as the largest general insurance provider in India, NIACL offers a stable and high-growth career path for those looking to enter the financial services sector. Major recruitment drives for 2026 are expected to fill over 750 vacancies for Assistant and Administrative Officer (AO) roles, primarily requiring a Graduate or Post-Graduate degree from any recognized stream.
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About The New India Assurance Co. Ltd
The New India Assurance Co. Ltd. - India's Premier Multinational General Insurance Company.
At The New India, we take great pride in our reputation as a trusted and reliable insurance provider. We are committed to making insurance easy to understand and accessible, which is why we offer a range of user-friendly digital platforms to facilitate insurance purchases and claims processing. With our nationwide network of offices, we enhance this accessibility.
NEW INDIA ASSURANCE CO. LTD was founded by Sir Dorabji Tata in 1919 with the motto of assuring the wellbeing of the people of India. Being a Multinational General Insurance Company, the Company today operates in 25 countries and is headquartered at Mumbai, India.
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Contact Information
- 22708675
- Visit Official Website
This organization has released 8 recruitment notifications in the last 3 years.
Expired / Closed Notifications
About NIACL Careers
| Feature | Organization Details |
| Organization Type | Central Public Sector Undertaking (Govt. owned) |
| Headquarters | Mumbai, Maharashtra |
| Primary Entry Gate | NIACL Online Exam (Prelims & Mains) 2026 |
| Salary Range | ₹37,000 - ₹96,765 (As per Post & Scale) |
🏛️ Organization Overview
New India Assurance Company Limited (NIACL) was founded in 1919 by Sir Dorabji Tata and nationalized in 1973.3 Today, it operates as a dominant force in the non-life insurance sector with a global presence across 25 countries. Its mission is to provide financial security to the nation through innovative insurance products, ranging from health and motor to complex industrial and aviation insurance.
Headquartered in Mumbai, NIACL boasts an extensive network of over 2,000 offices across India. Working at NIACL provides employees with a unique blend of corporate culture and government job security. As a "Maharatna-category" equivalent in its reach, the organization is a vital contributor to India’s financial stability and economic resilience.
💼 Key Job Profiles
- Administrative Officer (Generalist): Handles core insurance functions including underwriting, risk assessment, and claim settlements.4
- Administrative Officer (Specialist): Domain-specific roles in IT, Legal, Finance (CA), Automobile Engineering, and Health.5
- Assistant: Provides clerical support, manages data entry, policy renewals, and customer front-desk operations.
- IT Specialist: Manages the company’s digital infrastructure, cybersecurity, and insurance software platforms.
- Legal Officer: Oversees legal compliance, litigation management, and processing of insurance-related legal claims.
💰 Salary & Employee Benefits
NIACL offers a highly lucrative pay structure that is often considered superior to many entry-level banking roles.6
- Administrative Officer (Scale-I): Basic pay starts at ₹50,925.7 With allowances, the gross salary in metro cities reaches approximately ₹88,000 - ₹90,000 per month.8+1
- Assistant: Basic pay starts at ₹22,405. The total in-hand salary for an Assistant is approximately ₹37,000 - ₹40,000 per month.
- Perks: National Pension System (NPS), Gratuity, Leave Travel Subsidy (LTS), and interest-free furniture loans.9
- Allowances: Dearness Allowance (DA), House Rent Allowance (HRA), City Compensatory Allowance (CCA), and Newspaper/Briefcase allowances.10
🎯 Selection Process
The selection process for NIACL varies slightly by post but generally follows this structure:
- Phase I (Preliminary): An online objective test focusing on English, Reasoning, and Quantitative Aptitude.11
- Phase II (Mains): A more comprehensive objective test. For AO roles, this includes a Descriptive English test (Essay and Letter Writing).
- Phase III (Interview/Regional Language Test): AO candidates undergo a Personal Interview, while Assistants must pass a qualifying Regional Language Test (RLT) to ensure proficiency in the local language of the state they applied for.
### How to Crack NIACL Exams
- Master the Descriptive Section: For the AO post, the descriptive test is a game-changer. Practice writing essays on current financial trends and formal letters daily.
- Speed and Accuracy in Prelims: The cut-offs for insurance exams are traditionally very high. Focus on "shortcut" techniques for the Quantitative Aptitude and Reasoning sections to maximize attempts.
- Regional Language Proficiency: If applying for the Assistant post in a different state, ensure you can read, write, and speak the local language fluently, as the RLT is a mandatory elimination round.
Stay ahead of the competition by setting up daily alerts for NIACL notification updates. The 2026 recruitment for Assistants is expected to open in the January-February window, so keep your documents ready for the online application.
Mandatory Disclaimer: All vacancy details are sourced from official notifications. MySarkariNaukri.com provides informational guidance only and is not affiliated with any government agency.
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