NIACL AO Apply Online 2018: Online Application & FAQs

NIACL AO Apply Online

As you all know that New India Assurance Company Ltd has released the notification for the recruitment of 312 officers (Generalist & Specialist) in Scale-I Cadre. All those who couldn't perform well in the previously held SBI PO, Clerk, IBPS PO and other examinations have got a second bite at the cherry with this notification. All those who seek to make a headway in their career with the insurance sector can apply for the post and get a job in this sector. Here are the answers to frequently asked questions about NIACL AO Examination 2018.
Important Events
Commencement of online registration of application: 10th December 2018
Closure of registration of application: 26th December 2018
Closure for editing application details: 26th December 2018
Last date for printing your application: 11th January 2019
Online Fee Payment: 10th December to 26th December 2018



☛ What are the posts available on this recruitment project?
The post which will be available in this recruitment project by NIACL is of Officers in Scale-I in Generalist and Specialist Streams:

  • Company Secretary- 2
  • Legal- 30
  • Finance & Accounts- 35
  • Generalist- 245

☛ When will be the exam conducted?
The Tentative dates for Preliminary Exam is expected to be on 30th January 2019.
The Tentative dates for Mains Exam 2nd March 2019.

☛ How many vacancies are there?
The number of vacancies is 312 for AO in NIACL.

☛ When will the registration start?
Registration will start on 10th December 2018.

☛ What is the last date to apply for this post?
The last date to apply for this post is 26th December 2018.

What is the selection procedure of NIACL AO 2018?
The selection for AO will be done through a three-tiered process:
Phase I. Preliminary Examination (Objective)
Phase II. Mains Examination (Objective + Descriptive)
Phase III. Interview

☛ Will the exam be conducted online or offline (OMR Based)?
Common Written Exam for NIACL AO will be conducted online (Both Prelims and Mains).

☛ What is the age criteria to apply in this common written exam?
Minimum Age: 21 years Maximum Age: 30 years, as on 01.12.2018
i.e. a candidate must have been born not earlier than 2nd Dec-1988 and not later than 1st Dec-1997 (both dates inclusive).

☛ What is the educational qualification required for various posts in this recruitment process?

1. Generalists Minimum qualification- graduate/post graduate in any discipline from a recognised University with at least 60% marks in either of the degree examination. (55% for SC/ST/PwBD)
2. Company
Secretary
ACS/FCS from ICSI and Graduation/Post-graduation in any discipline with min 60%
3. Legal Graduate/Post-graduate in Law with min 60% (55% for SC/ST/PwBD)
4. Finance &
Accounts
Chartered Accountant (ICAI) and Graduation/Post-graduation in any discipline with min 60% (55% for SC/ST/PwBD)
Or
Cost and Management Accountant (The Institute of Cost Accountants of India, earlier known as ICWAI) and Graduation/Post-graduation in any discipline with min 60% (55% for SC/ST/PwBD)
Or
MBA Finance/PGDM FINANCE* with min 60% (55% for SC/ST/PwBD)
Or
M.COM with min 60% (55% for SC/ST/PwBD)

Candidate should possess a certificate in proof of passing the qualifying examination as on 01.12.2018.

☛ What is the Application Fee?
For SC/ST/PWD 100/- (Intimation Charges only)
For General, OBC 600/- (App. Fee including intimation charges)

☛ What is the Structure of the exam?


NIACL AO Preliminary Examination Pattern 2018:


Sr.No. Name of Tests No. of Qs Maximum Marks Duration
1 English Language 30 30 20 minutes
2 Quantitative Aptitude 35 35 20 minutes
3 Reasoning Ability 35 35 20 minutes
Total 100 100 1 hour

NIACL AO (Generalist) Main Examination Pattern 2018: 

Serial Number Section Maximum Marks Duration
1. Test of Reasoning 50 120 minutes
2. Test of English Language  50
3. Test of General Awareness  50
4. Test of Quantitative Aptitude  50
Total 200

NIACL AO (Specialist) Main Examination Pattern 2018: 

Serial NumberSectionMaximum MarksDuration
1.Test of Reasoning40120 minutes
2.Test of English Language 40
3.Test of General Awareness 40
4.Test of Quantitative Aptitude 40
5.In Specialist stream, an
additional test to assess
technical& professional
knowledge in the relevant
discipline

40
Total200

(ii) Descriptive Test: The Descriptive Test of 30 minutes duration with 30 marks will be a Test of English Language (Letter Writing-10marks & Essay-20 marks). 

☛ What is the cut-off for being recruited?
There is no fixed cutoff for NIACL AO Exam. It depends on the performance of candidates every year and the no. of vacancies. Your final score is calculated based on your performance in the Online Tests.

☛ Is there a criterion for negative marking?
There is negative marking of ¼ marks for every wrong answer.

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