The New India Assurance Company Limited outlines the NIACL AO Salary and Job Profile. Candidates should review the NIACL AO Salary to obtain an understanding of the emoluments and perks they will be eligible for upon appointment. They must also review the NIACL AO Job Profile to understand the nature of their positions, as well as their obligations and responsibilities once appointed to the position. Candidates who are selected through the NIACL AO Recruitment would be entitled to a basic remuneration of Rs.50,925. The NIACL AO Pay Scale is Rs. 50925-2500(14)-85925-2710(4)-96765. This article contains all of the information you need regarding the NIACL AO Salary and Job Profile.
NIACL AO Salary 2024
Candidates selected through the NIACL AO Recruitment 2024 must serve for a minimum of four years, including a one-year probation period, with a monthly pay of around Rs. 80,000. The wage structure for the Administrative Officer at New India Assurance, as detailed in the most recent NIACL AO 2024 notification, is shown below.
| Particulars | Salary Structure |
| Basic Pay | Rs. 50,925/- |
| Pay Scale | Rs. 50925-2500(14)-85925-2710(4)- 96765 |
| Allowances & Perks including DA, HA, TA & others | Rs. 29000-30000/- |
| Gross Salary | Rs. 80,000/- for metro cities |
NIACL AO Inhand Salary
The basic pay for NIACL AO is Rs. 50,925/- on a scale of Rs. 50925-2500(14)-85925-2710(4)- 96765, plus other allowances. An Administrative Officer (Generalist)’s gross salary in metropolitan cities will be around Rs. 80,000 per month, whereas in other cities it will be between Rs. 75,000 and Rs. 80,000 per month.
NIACL AO Allowances
Employees in NIACL AO roles receive rich benefits and allowances, attracting lakhs of aspirants to national insurance jobs. Some of the allowances provided to the Administrative Officer are as follows:
- Dearness allowance
- House rent allowance
- Transport allowance
- City compensatory allowance
- Company/leased accommodation
Aside from basic pay and allowances, NIACL personnel receive other benefits under the National Pension System, which is managed by PFRDA, such as gratuity, LTS, medical benefits, group personal accident insurance, and so on.
Reimbursements: Various reimbursements are offered to compensate the expenses for the maintenance of a car for official purposes, newspaper, briefcase, book grant, allowance for the furnishing of housing, etc., as per eligibility.
NIACL AO Job Responsibilities
The selected candidates for the NIACL AO Salary, will have a certain set of responsibilities they will have to fulfill. Take a look at the duties allocated to an Administrative Officer (Generalist) at New India Assurance Co. Limited:
- NIACL AO (Generalist) is the Scale-I administrative job profile, which encompasses the duties of the first entry-level officer.
- The NIACL Administrative Officer is responsible for dealing with policymaking, clauses, risk proposals, and claim authorization.
- NIACL AO files the official returns and statements, which must be communicated with higher regional offices.
- The NIACL AO is in charge of managing and overseeing the issuing of insurance policies, as well as the settlement of insurance claims.
NIACL AO Job Growth
Employees working as Administrative Officers (Generalist) must sign a bond and agree to work for the company for a minimum of four years (including a one-year probation period), after which the AO’s responsibilities increase in tandem with the NIACL AO Salary.
Check here for more information-
| Exam Related Links- | |
| NIACL AO Cut Off 2024 | NIACL AO Salary 2024 |
| NIACL AO Syllabus 2024 | NIACL Assistant Mains Result 2024 |
Hopefully, this information was useful for all the aspiring candidates preparing for the government exams. Check DailyExamNews to stay informed about the latest recruitments, tests, vacancies, and developments regarding government exams.