Organization Name : The New India Assurance Company Ltd
Job Title : Generalists & Specialists
Total Vacancies : 450
Last Date To Apply : 21.08.2023
Age Limit : 21 years and Maximum Age: 30 years, as on 01.08.2023.
Selection Process : Written Test (phase I & II)and Interview
Qualificaion : graduate/post graduate in any discipline
Application Fee : Rs. 850/- (inclusive of GST) (Application fee including intimation charges) (for SC/ST/PwBD - Rs.100/-)
Notitfication Details : The New India Assurance Company Ltd., a leading Public Sector General Insurance Company, invites applications for recruitment of 450 Officers (Generalists & Specialists) in Scale I cadre from open market
Guarantee Bond :
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. In the event of their resigning from the Company before the expiry of the bond period, they will be liable to pay liquidated damages equivalent to one year’s gross salary paid to them during the year of probation which could be proportionately reduced depending on the length of service rendered. Besides, he/she will have to submit a stamped Indemnity Bond duly executed by two sureties (not blood relatives) of sound financial standing for an amount equivalent to one year’s gross salary
Pay Scale : Rs. 50,925/-
How To Apply :
Detailed Guidelines/procedures For
- Application Registration
- Payment Of Fees
- Document Scan And Upload
General Information :
- Candidates will have to invariably produce and submit the requisite documents such as valid call letter, a photocopy and original of photo-identity proof bearing the same name as it appears on the online submitted application form etc. at the time of examinations (Preliminary & Main) and interview respectively.
- The possibility for occurrence of some problem(s) in administration of the examination cannot be ruled out completely which may impact test delivery and/or result from being generated. In that event, every effort will be made to rectify the problem, which may include shifting the candidates to other centres or conducting another examination if considered necessary. Decision of the Company in this regard shall be final. Candidates not willing to accept such change shall lose their candidature for this exam.
- Decision of the Company in all matters relating to recruitment will be final and binding on the candidates. No correspondence or personal enquiries shall be entertained in this regard.
- Any request for change of date, time and venue for online examination (Preliminary & Main) and/or interview will not be entertained. Any request for change of details mentioned in the online application form will not be entertained.
About Us :
The Board has approved and adopted the company’s results for the year ended 31st March 2023. The Company has posted an excellent result with the profit after Tax increasing by 543% from Rs. 164 Cr to Rs. 1055 Cr.The gross written premium grew by only 5.3% over the previous period as the Company focused on profitable growth. The solvency ratio remained comfortable at 1.87x and the company continues to be the market leader in India in non-life insurance