New India Assurance Apprentice Recruitment 2024: Last Date 5th Oct 2024
The New India Assurance Company Limited (NIACL) is offering 325 apprenticeship positions under the Apprentices Act of 1961. This recruitment is an amazing opportunity for fresh graduates to gain hands-on experience in the general insurance sector. In this blog post, we will walk you through the key details of the program, eligibility, application process, and other important information.
Key Dates to Remember
Here are the important dates for the NIACL Apprentice Recruitment 2024:
| Event | Date |
|---|---|
| Start of Online Registration | 21st September 2024 |
| Closing of Online Registration | 5th October 2024 |
| Tentative Dates for Online Exam | 12th to 14th October 2024 |
Please note that the exact exam dates will be communicated via email.
What’s in it for You?
NIACL’s apprentice program is a unique opportunity for graduates to gain valuable exposure in the insurance sector. You will not only receive training but will also work in a real-world environment.
Stipend
Selected candidates will receive a stipend of ₹9,000 per month throughout the 12-month training period. However, note that apprentices are not entitled to additional benefits like provident fund, gratuity, or medical insurance.
Vacancy Details
Here is a breakdown of the vacancies available for various states and union territories:
| State/UT | Total Seats | PwBD Seats |
|---|---|---|
| Maharashtra | 75 | 3 |
| Tamil Nadu | 24 | 1 |
| Uttar Pradesh | 22 | 1 |
| Delhi | 17 | 1 |
| Gujarat | 20 | 1 |
| Karnataka | 13 | 1 |
| West Bengal | 12 | 1 |
| Rajasthan | 12 | 1 |
| Other states (including UTs) | Remaining seats spread across other states |
The total number of PwBD (Persons with Benchmark Disabilities) seats are also distributed horizontally across all states.
Eligibility Criteria
1. Age Limit
- Minimum Age: 21 years
- Maximum Age: 30 years (as of 1st September 2024)
Age relaxations are applicable for specific categories as per government norms:
| Category | Age Relaxation |
|---|---|
| SC/ST | 5 years |
| OBC (Non-Creamy Layer) | 3 years |
| PwBD | 10 years |
| Widows/Divorced Women | Up to 35 years (General), 38 years (OBC), 40 years (SC/ST) |
2. Educational Qualification
- A graduate degree in any discipline from a recognized university is mandatory.
- Candidates must have completed graduation and have the relevant certificate by 1st September 2024.
3. Other Important Eligibility Conditions
- Candidates should not have undergone any previous apprenticeship training or currently be pursuing one under the Apprentices Act.
- Candidates with job experience of one year or more after graduation are not eligible.
Selection Process
The selection process consists of two stages:
- Online Written Examination: This is an objective-type test, and the structure of the exam is as follows:
| Section | No. of Questions | Marks | Duration |
|---|---|---|---|
| General/Financial Awareness | 25 | 25 | |
| General English | 25 | 25 | 60 minutes |
| Quantitative & Reasoning Aptitude | 25 | 25 | |
| Computer Knowledge | 25 | 25 | |
| Total | 100 | 100 | 1 Hour |
- The exam will be conducted in English and Hindi (except for the General English section).
- The online exam can be taken on any camera-enabled device (laptop, desktop, tablet, smartphone).
- Regional Language Proficiency Test:
- Candidates must be proficient in reading, writing, and speaking the local language of the state for which they are applying.
- Those who have studied the local language in 10th or 12th standard do not need to undergo this test.
Application Process
Here’s how to apply:
- Registration: All eligible candidates must register on the NATS Portal at nats.education.gov.in before applying for the apprenticeship.
- Application: After registration, candidates need to visit the BFSI SSC portal to apply. The application fee varies by category:
| Category | Fee |
|---|---|
| General/OBC | ₹944 (including GST) |
| SC/ST/Women | ₹708 (including GST) |
| PwBD | ₹472 (including GST) |
- Online Exam: Candidates who have paid the exam fee will be notified via email about the exam details and guidelines.
Document Verification
Candidates shortlisted after the written test and language test must undergo document verification. The following documents are required:
- Photo ID Proof (Aadhar Card, PAN Card, etc.)
- Graduation Degree and Mark Sheets
- Caste/Disability Certificates (if applicable)
- Proof of Language Proficiency (if applicable)
Training and Duration
- The apprenticeship lasts for 12 months, and during this period, candidates will receive hands-on training at their respective regional offices.
- After successful completion, candidates will be awarded an Apprenticeship Certificate by the BFSI Sector Skill Council of India (BFSI SSC).
Important Notes:
- No Employment Guarantee: This apprenticeship does not guarantee employment with NIACL. The role is purely for training purposes, and there are no employee benefits.
- Conduct and Discipline: Apprentices must adhere to company regulations. In case of misconduct or absence without approval, disciplinary action, including termination, may be taken.
Conclusion
The New India Assurance Apprentice Recruitment 2024 is an excellent opportunity for graduates looking to kickstart their career in the insurance sector. With structured training, a monthly stipend, and hands-on experience, this apprenticeship offers an ideal launchpad. If you meet the eligibility criteria, don’t miss this chance to apply.
Mark your calendars for 21st September 2024 when the registration begins and make sure to complete your application by 5th October 2024.