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NICL (National Insurance Company Ltd.) is general insurance company in India.. This page will help you to get nicl administrative officer jobs information. You can check all exam dates and get notifications about salary package and your admit card.

NICL AO ( Administrative Officer ) Recruitment

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About Nicl

Nicl Jobs

NICL Recruitment 2017 AO Assistant Exam Date

NICL Recruitment 2017 notification states us different information of nicl administrative officer such as eligibility criteria which includes the educational qualification,age limit and it also notifies about the NICL online application form, application fees and much more in the below content of this article.

NICL AO Salary

Basic Pay

Rs. 32,795/- per month

Pay Scale

Rs. 32795-1610(14)-55335-1745(4)- 62315

Total Emoluments (Metropolitan Centres)

Rs.51,000/- per month

Benefits

  • Coverage under National Pension System governed by PFRDA
  • Gratuity
  • LTS
  • Medical Benefits
  • Group Personal Accident Insurance
  • Company’s / leased accommodation

NICL Admit Card

NICL will provide admit card after conducting the exam in 2017. Keep eye on this page for nicl admit card for 2017 exam.

What is NICL

 NICL (National Insurance Company Ltd.) is India’s oldest general insurance Company. It was incorporated in Kolkata on 5th December, 1906 to fulfil the nationalist aspiration for Swaraj. 66 years later, after nationalisation it was merged along with 21 foreign and 11 Indian companies to form National Insurance Company Ltd, one of the 4 subsidiaries of the Govt. owned General Insurance Corporation of India.

The only PSGIC with Headquarters in Kolkata, National Insurance has several Firsts to its credit – it was the first to introduce Product customisation both Corporate and rural - an extension of which is the specialised Techno Marketing Project Cells for insuring mega projects and the Farmers Package Policy to suit the agrarian customer. It was also the first Indian insurance Company to enter into Strategic Alliances with the country’s largest Automobile manufacturer M/s Maruti and Two Wheeler major M/s. Hero Moto Corp and many others. These Tie ups ushered in a paradigm shift in Service Delivery method for Motor insurance. NIC also pioneered Bancassurance in India, by forging tie-ups with the country’s largest Banks.

With a work force of 14902 skilled personnel and 1998 offices all over India including operations in Nepal, National Insurance stands tall today as India’s 2nd largest non life insureras measured by its gross direct written premiums (GDWP). Motor insurance is the market's largest segment, and National had the largest market share in motor business among India's insurers in terms of GDWP in FY 15.Leader in 2 zones ie North and East, NIC recorded a premium of Rs 11282.64 crore in FY 15 recording its highest PBT of Rs 1196.74 crore as against 1007.82 crore in the previous year. Investment Income increased to Rs 2654 crs from the earlier 2263 crs. NIC contributed a handsome Dividend of Rs 165 crs to the National Exchequer in 2013 -14, the Dividend for FY 15 is Rs 194 crs .

National Insurance enjoys A.M. Best financial strength rating of B++ (Good) and issuer credit rating of "bbb+". The ratings reflect the Company’s strong risk adjusted capitalization, consistent investment performance and strong presence in India's insurance market.

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