NATIONAL INSURANCE COMPANY Ltd(ADMINISTRATIVE OFFICER) PRELIMS MOCK TEST Exam Details 

National Insurance Company Ltd. invites applications for recruitment of 205 (Two hundred five) Officers in Scale I cadre from open market.

Kindly note :

Date of Online Examination -  Phase I (Tentative): 3rd / 4th June, 2017 Start date for Online Registration: 30.03.2017

Last date for Online Registration: 20.04.2017

Download of Call Letter for Examination: 10 days prior to the date of examination (Tentative)

TOTAL NO.OF VACANCIES: 205

The vacancies are provisional and may vary according to the actual requirements of the Company at the material time.  

Eligibility Criteria 

A)  Nationality :  

A candidate applying for recruitment in the Company must be either-

(a) a citizen of India, or

(b) a subject of Nepal, or

(c) a subject of Bhutan, or

(d) a Tibetan refugee who came over to India before 1st January, 1962 with the intention of permanently settling in India, or

(e) a person of Indian origin who has migrated from Pakistan, Burma, Sri Lanka, East African countries of Kenya, Uganda, the United Republic of Tanzania, Zambia, Malawi, Zaire, Ethiopia and Vietnam with the intention of permanently settling in India.  

Provided that a candidate belonging to categories (b), (c), (d) and (e) shall be a person in whose favour a certificate of eligibility has been issued by the Government of India.

B) Educational Qualification (as on 20.04.2017) 

A candidate 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 (at least 55% for SC/ST)
candidates. 

Note :

a) Qualifications mentioned above should be from any of the recognized Indian Universities duly approved by the UGC or any of the recognized Indian Institutes duly approved by AICTE. 

b) Preference will be given to candidates having post qualification experience in their area of specialization. Companys decision in this regard shall be final.  

c) The candidate must possess valid Mark-sheet / Degree Certificate of the necessary qualification as on 20.04.2017. 

C) Age – (As on 01.03.2017):

Minimum Age: 21 years

Maximum Age: 30 years, as on 01.03.2017
i.e. a candidate must have been born not earlier than 02.03.1987 and not later than 01.03.1996 (both dates inclusive).

Emoluments and Benefits: 

The starting Basic pay would be Rs. 32,795 /- in the scale of Rs. 32795-1610(14)-55335-1745(4)-62315 and such other allowances as may be admissible under the rules in force from time to time in the company.. Total emoluments will be approximately Rs.51,000/- p.m. 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 / leased accommodation as per norms.

Service Conditions: 

The service conditions will be applicable as per the prevalent rules of the company from time to time. Selected candidates on appointment may be posted or transferred to any place in India as may be decided by the Company. The minimum stay at the initial place of posting will be 5 years.

Probation :

A candidate appointed in the Officers’ cadre on regular pay rolls of the Company shall be on probation for a period of one year from the date of joining the duty. The probation period may be extended twice by a further period of six months at a time stretching up to one year.
During the probation period the Officers would be required to pass the non-life “Licentiate Examination” conducted by Insurance Institute of India. Only after passing the said examination the Officer will be eligible for confirmation of his/her services in the Company. Failure to pass the said Examination within the extended probation period will render the officer liable to be terminated from service on expiry of the period so specified.
The Company reserves the right to terminate the services of the candidate if found unsuitable at any time during the probation period or the extended probation period without any notice or assigning any reason thereof.

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 Bond duly executed by two sureties (not blood relatives) of sound financial standing for an amount equivalent to one year’s gross salary.
Candidates resigning from the Company during the probation period and candidates whose services are terminated by the Company during the probation period shall be liable to pay the salary received by them during their entire service in the Company in addition to an amount of Rs.25,000/-towards partial cost of training. No lien/bond executed to retain a substantive post with present employer will be binding upon the Company and no Leave Salary or Pension Contribution will be made.

Application Fees /Intimation Charges(Non-refundable) :  

Payable on-line from 30.03.2017 to 20.04.2017 (both dates inclusive) 

 *The transaction charge, if applicable, is to be borne by the candidate. Fee/ Intimation charges once paid will NOT be refunded on any account nor can it be held reserve for any other examination or selection.  

HOW TO APPLY : 

Candidates can apply online only from 30.03.2017 to 20.04.2017 and no other mode of application will be accepted.

Candidates to go to the Companys website www.nationalinsuranceindia.com and click on the option "APPLY ONLINE" which will open a new screen.