Interested candidates, those who want to apply for NIACL AO Officer Post must satisfy the NIACL AO eligibility in age and Qualification. NIACL AO Eligibility in Qualification for Generalist Officer Post is candidates must hold a Graduation Degree or Post Graduate in any disciplines from a government recognized university.
For NIACL AO Specialist Officer Post, candidates must have completed Degree/ PG Degree in required disciplines. The detailed Minimum Qualification criteria for NIACL AO Specialist Officer Post are as follows.
ACS/FCS from ICSI and Degree/ PG Degree in any discipline
Degree/ PG Degree in Law
Finance & Accounts
Chartered Accountant (ICAI) and Degree/ PG Degree in any discipline (OR) Cost and Management Accountant (The Institute of Cost Accountants of India, earlier known as ICWAI) and Degree/ PG Degree in any discipline (OR) MBA Finance/PGDM FINANCE* with min 60% (55% for SC/ST/PwBD) (OR) M.COM with min 60% (55% for SC/ST/PwBD)
Important Note: Candidates must hold a minimum qualification which is prescribed as NIACL AO Eligibility as of 01.12.2020.
NIACL AO Eligibility on Age:
Candidates should have completed a minimum of 21 years and not exceed 30 years as of 01.12.2020 which means the upper age limit for NIACL AO Eligibility would be 30 Years of age. In detail, Candidates must have the date of birth not earlier than 02.12.1990 and not later than 01.12.1999.
The Upper age limit relaxation for the NIACL AO post will be provided as per the government order. The Maximum age Relaxation Details are as follows.
|OBC (Non-creamy Layer)||3 Years|
|Defence service personnel disabled in operation||3 Years|
|Persons ordinarily domiciled in the State of Jammu & Kashmir during the period 1.1.1980 to 31.12.1989||5 Years|
|Existing Confirmed Employees of Public Sector General Insurance Companies||8 Years|
Candidates those who want to avail of NIACL AO Eligibility by age relaxation based on the above aspects will be required to submit necessary documents both in photocopy and in original.
About NIACL AO Exam
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 in India founded in 1919 by Sir Dorabji Tata.
As per the requirement of the company, NIACL conducts recruitment to hire Administrative Officer in the 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 the 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.