National Insurance Company Limited to appoint 205 administrative officers

Last date to apply is April 20, 2017

National Insurance Company Limited (NICL) recently released a recruitment advertisement inviting eligible candidates to apply for 205 administrative officers (AO) (generalist) scale I posts. The online registration will commence from March 30 and the last to submit the application with fees is on or before April 20, 2017.
 
The state-owned general insurance company will conduct the preliminary examination on either June 3 or 4, 2017. The phase II online (main) examination is scheduled for successful candidates tentatively on July 2, 2017.
 
Dates to remember

Starting date to apply online	March 30, 2017
Last date to apply online and make fees payment	April 20, 2017
Last date to edit online applications	April 20, 2017
Last date to print application	May 5, 2017
Date of online examination (preliminary) – phase I	June 3 or 4, 2017 (tentative)
Downloading of call letters for examination commences on	10 days prior to the examination
Date of online examination (mains) – phase II	July 2 (Tentative)

 
Vacancy details for NICL AO recruitment 2017

Un-reserved: 113 posts
Scheduled caste: 31 posts
Scheduled tribe: 16 posts
Other backward class: 45 posts
 
Eligibility criteria

Interested candidate must have a graduate degree in any discipline from a recognised university, or any equivalent qualification recognised by Central Government. They should possess certificate in proof of passing the qualifying examination as on April 20, 2017.
 
They should have scored at least 60 per cent marks in either of the degree examination.  SC and ST candidates should have scored a minimum of 55 per cent.
 
The minimum age of the aspirant as on March 1, 2017 should be 21 years while the maximum age should not be over 30 years.  Relaxation in upper age limit is as per the government rules.
 
Examination fees

For general category, the exam fee is Rs 600 and for SC/ ST/ PWD candidates it is Rs 100.
 
Emoluments and benefits

The starting basic pay would be Rs. 32,795. Total emolument will be approximately Rs 51,000 per month in metropolitan centers. Other benefits such as pension under New Pension system governed by PFRDA, Gratuity, LTS, Medical Benefits, Group Personal Accident Insurance etc. shall be as per rules. The officers are also entitled for company’s or leased accommodation as per norms.
 
Selection process

NICL will conduct the preliminary examination on either June 3 or 4, 2017. The phase II online main examination will be held for successful candidates tentatively on July 2, 2017.
 
Post the interview round, the successful candidates will join NICL for a minimum period of four years including one year of probation. In case the candidate plan to end the contract, he/ she has to pay one year’s gross salary in addition to an amount of Rs 25,000 towards the partial cost of training.
 
Scheme of examinations

Preliminary examination will consist objective tests for 100 marks and will be conducted online. This test would be of 60 minutes duration.
 

Name of test	Type of test	Maximum marks	Duration	Version
English language	Objective	30	60 minutes	English
Reasoning ability	Objective	35		Eng/Hindi
Quantitative aptitude

 

Objective  
35 Eng/ Hindi Total (aggregate)

 

 

 

100      
Candidates have to qualify in each test by securing passing marks as decided by the company. Adequate number of candidates in each category will be shortlisted for the main examination.
 
Main examination will consist of objective tests for 200 marks and descriptive test for 30 marks. Both the objective and descriptive tests will be online. The objective test conducted for 2 hours duration consists of 5 sections for total 200 marks. The descriptive test conducted for 30 minutes duration with 30 marks will be a test of English language and will be conducted through on line mode.

Name of test	Type of test	No. of questions	Maximum marks	Medium of exam	Duration
Reasoning	Objective	40	40	English/ Hindi

120 minutes

 

English language  
Objective 40  
40 English General awareness Objective 40 40

 

English/ Hindi

 

Computer knowledge Objective 40 40 English/ Hindi
  Quantitative aptitude

Objective 40 40 English/ Hindi Total (Aggregate)

 

  200     English language (Essay, precis and comprehension) Descriptive

3 30 English
  30 minutes  
Each candidate will be required to obtain a minimum score for each section of objective test separately for short listing for the descriptive test evaluation. There will also be a separate cut-off marks for the Descriptive Test.
 
Candidates will be shortlisted for interview round on the basis of overall marks scored in the main examination.
The combined final score of candidates shall be arrived at on the basis of scores obtained by the candidates in the online main examination (objective and descriptive section) and interview. The weightage (ratio) of online main examination and interview will be 80:20 respectively.
 
About NICL

National Insurance Company Limited is considered as the oldest general insurance company in India. It is one of the 4 subsidiaries of General Insurance Corporation of India owned by Government. The company was integrated with 11 indigenous organizations and 21 foreign establishments to form National Insurance company ltd.
 
The NICL came into existence in 1906. However, the nationalization of the company dates back to 1972.