Details of the Organization

National Insurance Company Limited was incorporated in 1906 with its Registered office in Kolkata. Consequent to passing of the General Insurance Business Nationalisation Act in 1972. It is the second largest non life insurer in India having a large market presence in Northern and Eastern India.National transacts general insurance business of Fire, Marine and Miscellaneous insurance.

Details of the Job/Internship

National Insurance Company Limited invites applications for recruitment for the position of Administrative Officers.

Service Condition:

• 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 as per requirement. The minimum stay at the initial place of posting will be 5 years. Candidates selected as Specialist Officers may be required to continue in the same specialization for a minimum period of 10 years as per discretion of the Company. They will, however, continue to be eligible for promotions as per Company norms.

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 gross 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.

Eligibility

• Graduate / Post Graduate in Law from a recognized University with at least 60% marks in either of the degree examination (at least 55% for SC/ST) candidates.
• Minimum Age: 21 years.
• Maximum Age: 30 years, as on 01.05.2025.
• A candidate applying for recruitment in the Company must be either:—  
  • a citizen of India, or   
  • a subject of Nepal, or   
  • a subject of Bhutan, or   
  • a Tibetan refugee who came over to India before 1st January, 1962 with the intention of permanently settling in India, or   
  • 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.  

Salary/Stipend

The starting Basic pay would be Rs. 50,925 /- in the scale of Rs.50925-2500(14)-85925-2710(4)-96765 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. 90,000/- per month in Metropolitan Centres. Other benefits such as Pension under New Pension scheme governed by PFRDA, Gratuity, LTS, Medical Benefits, Group Personal Accident Insurance etc.

Type of Opportunity

Fulltime

Country

India

Address

PAN India.

Application and Registration Details

After you submit your application, you will receive the next steps in the process via email. Please follow the instructions provided to complete your application.

Incase you find any issue with the application process, please contact: [email protected]

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