NIACL Assistant Salary 2024, Know Pay Scale, Job Profile

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NIACL Assistant Salary 2024

NIACL Assistant Salary 2024: The New India Assurance Company Limited (NIACL) is a leading government-owned insurance provider. Candidates interested in applying for the post of Assistant for the NIACL Assistant Recruitment 2024 would be happy to know the company was conferred with the most preferred workplace award for FY 2022-23 by BFSI. This article will provide all the information regarding the NIACL Assistant salary, pay scale, job profile, and more.

NIACL Assistant Salary 2024 – Overview

The recruitment notice was released on 30th January 2024. Candidates should go through the table below to get a brief overview of the recruitment and other basic information.

OrganizationNew India Assurance Company Limited
Age limitMin: 21 Years, Max: 30 Years
Mode of Application EnrollmentOnline
SalaryRs. 37,000 per month (Approximately)

NIACL Assistant Salary 2024 – Pay Scale

The pay scale for NIACL Assistant, according to the latest Notification for the NIACL Assistant recruitment, is as follows:

Rs.22405 – 1305 (1) – 23710 – 1425 (2) – 26560 – 1605 (5) – 34585 – 1855 (2) – 38295 – 2260 (3) – 45075 – 2345 (2) – 497652500 (5) – 62265

NIACL Assistant Probation

Candidates who are selected for NIACL Assistant will be working under a Probation Period of 6 months. Candidates will be evaluated over the whole 6 months to see if their performance matches the company’s standards. The candidates whose performance fails to meet expectations may have extended probation periods. Candidates resigning from the Company during the probationary period and candidates whose services are terminated by the Company during the probationary period shall be liable to pay the amount equivalent to the salary paid and an amount of Rs.25,000/- towards the partial cost of training.

NIACL Assistant Perks and Benefits

Candidates who get selected for the NIACL Assistant position will be entitled to the following benefits:

  • Dearness Allowance
  • House Rent Allowance
  • Travel Allowance
  • Medical Allowance
  • Welfare Schemes for Staff

NIACL Assistant Job Profile

Aspirants of NIACL Assistant should make sure to go through the job profile and familiarise themselves with the various duties and responsibilities they will be expected to execute. A few of these basic responsibilities are below:

  • Assist senior and junior team members.
  • Collect and carefully analyse data.
  • Prepare financial statements and balance sheets
  • Maintain records of financial transactions.
  • Attentively address customer queries and provide assistance
  • Process and renew insurance claims and policies.

NIACL Assistant Career Path and Growth

NIACL Assistant aspirants will be pleased to know of the dynamic and robust career growth opportunities that await them on their selection. Based on performance and contribution to the company, NIACL Assistants follow the given promotion path:

  • Assistant
  • Administrative Officer (AO)
  • Senior Administrative Officer
  • Assistant Manager
  • Manager
  • Senior Manager
  • Insurance Specialist
  • Director

NIACL Assistant Salary 2024 – Frequently Asked Questions

Q1. What is the salary for NIACL Assistant?

A1. The initial basic salary for NIACL Assistant is Rs. 37,000 per month.

Q2. What are the various benefits that NIACL Assistants receive?

A2. NIACL Assistant will receive Dearness Allowances, House Rent Allowances, Travel Allowances, Medical Allowances, and more.

Q3. What is the highest post that a NIACL Assistant can reach?

A3. NIACL Assistant can be promoted 7 times with the highest position being Director.


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