The New India Assurance Company Ltd – Apply for Recruitment of 300 Administrative Officers Posts:– New India Assurance Company has declared an employment notification for 300 posts of Administrative Officers. The eligible and interested candidates can apply online before 01/11/2016.
Vacancy Details of New India Assurance Company Recruitment 2016:-
Organisation Name -The New India Assurance Company Ltd .
Post Name – Administrative Officers
Total Posts – 300 nos
Eligible Criteria for New India Assurance Company Recruitment 2016:-
Qualification – The eligible and interested candidate’s qualification should have must possess the minimum qualification of a graduate/post graduate in any discipline from a recognized University or any equivalent qualification recognized 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/PWD candidates.
Age Limit – Candidate’s age should be between 21- 30 years as on 01-10-2016 (must have been born not earlier than 02-10-1986 and not later than 01-10-1995). Age relaxation is applicable for SC/ ST/ OBC/ PWD candidates as per official notification.
Application Fee (Non Refundable) – Candidate’s application fee should be a non-refundable Rs.600/- (Rupees Six hundred only-Application fees including intimation charges) for all candidate other than SC/ST/PWD And for SC/ST/PWD Rs 100/-(Intimation Charges Only )through online by using Master/ Visa Debit or Credit cards or Internet Banking.
Selection Process -Candidates are selected based on Online Examination & Interview.
How to Apply for Administrative Officers Recruitment 2016:-
Eligible candidates can apply online through the website www.newindia.co.in from 14-10-2016 to 01-11-2016.
Pay Scale – 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 as per official notification.
Last Date for submission of Online Application : 01.11.2016
Date of Phase-I Online Examination (Objective) : 17.12.2016
Tentative Date Phase-II Online Examination (Objective +Descriptive):January 2017
Candidates are request to carefully read the all details, eligible criteria and rules & regulation from enclosed official notification before apply.
About The New India Assurance Co.Ltd :-New India Assurance Co Ltd, today, is a 100 % Govt owned multinational general insurance company operating in 28 countries and headquartered at Mumbai, India. Our global business crossed Rs.18371 Cr. . Founded by Sir Dorabji Tata in 1919, we have been market leaders in India in non-life business for more than 40 years. Our Indian business touched Rs 15149.50 Cr in 2014-15. We are the only direct insurer in India rated A-(Excellent – Stable outlook) by AM Best. “CRISIL has reaffirmed its ‘ AAA/STABLE ‘ rating on The New India Assurance Company Limited indicating that the company has the Highest degree of Financial strength to honor its Policyholders obligations”
We have been leading the market, apart from premium, in reserves & net worth for many years. In 2014-15, we also have recorded the highest profit in India among all general insurers. Our Indian operations, today span across all territories through 2097 offices, including more than 1041 micro offices. We have 19,000 employees and around 50,000 tied agents providing insurance services to our customers. We have over 170 products catering to almost all segments of general insurance business. We have provided cover to Petrochemical, oil & energy industries, power & steel plants, aviation fleets, satellites, large projects & infrastructures, SMEs and are present in all forms of commercial sector. Our retail business is offered through commercial & personal lines of business and we also have range of products in rural, social sector & micro insurance segments. We operate through many B2B avenues including bancassurance, motor vehicle manufacturers and dealers, MFI & NGOs, Common Service Centers & through affinity programmes with corporate & brokers. We also have significant participation in government run mass insurance schemes.
New India Assurance is on a robust core insurance platform, with a central data base and have an integrated grievance management system synchronized with that of the regulator. Our Customer Care department is positioned at all Regional offices. We offer multiple options for the customers to renew the policies and have put in place SMS & E Mail alerts and information at various trigger points. Our Indian operations have earned many awards & recognitions in 2014-15.
The Company’s foreign operations have commenced decades back and today it operates in 28 countries through subsidiaries, agency operations, direct branches and associate companies. In addition, New India has also equity participation in Insurance companies in Singapore, Kenya, Saudi Arabia & Jordan. London Branch has been in operations for past 95 years and has a desk at Lloyds and operations in many countries like Japan, Mauritius etc are more than 50 years old. We have a subsidiary company in Trinidad & Tobago, New India Assurance Co Ltd, Port of Spain and another in Nigeria, Prestige Assurance Plc, based out of Lagos. We have equity participation in Kenindia Assurance Co Ltd, Nairobi, WAFA Insurance (SICCI) in Saudi Arabia, India International Insurance Pte. Ltd in Singapore and Asian Reinsurance Corporation, Bangkok.
Other promoted companies
We are the co promoters of Agriculture Insurance Company of India & GIC Housing Finance Ltd. We are also in the process of setting up a common TPA in the Health insurance support services segment jointly, with other Government owned insurers.