NIACL Assistant Salary 2021 is one of the reasons many candidates want to join the service. Every year a huge number is candidates apply for the posts and appear for the exam.
However, the level is competition is high in this exam. This is the reason that candidates need to work very hard to qualify for different levels of the exam and to be able to reach the final stage of the NIACL Assistant Recruitment.
Here in this article, the candidates get the information about the NIACL Assistant Salary 2021, Pay Scale, Career Growth.
Exclusive NIACL Assistant Salary 2021
The NIACL Assistant Salary 2021 is Rs 23,500 in a metro city. NIACL Assistants are eligible to receive a fixed basic salary along with various Allowances. In the further sections, the candidates will get information about the Detailed NIACL Assistant Salary 2021 and the other Allowances.
NIACL Assistant Salary 2021: Structure and Pay Scale
The breakdown of NIACL Assistant’s Salary is as follows:
|
Initial Basic Pay |
Rs 14,435 |
|
Pay After Multiple Increments |
Rs. 40,080 |
The pay scale for NIACL Assistant is Rs 14435-840(1)-15275-915(2)-17105-1030(5)-22255-1195(2)-24645-1455(3)-2901 0-1510(2)-32030-1610(5)-40080
This Salary mentioned above is without any allowances and perks. In the future section, the perks and allowances of the candidates are mentioned.
NIACL Assistant Salary 2021: Perks and Allowances
Apart from NIACL Assistant Salary 2021, employees are entitled to receive various other benefits, such as-
- House Rent Allowances
- Dearness allowance
- Medical Benefits
- Leave Travel Subsidy
- Leave encashment
- Staff Welfare Schemes
These Allowances are revised yearly and in most of the cases, these ate increased keeping in mind the market condition, location of posting, and performance of the employees. On the whole, NIACL Assistant offers the right career path and promotion opportunities.
They mainly handle duties like claims processing, underwriting, and accounts-related work and are a decent job profile to choose from. The benefits and perks mentioned above, add as an added advantage for the people who are willing to join the insurance sector.
In addition to the above-mentioned allowances, there are various benefits to NIACL Assistant which are:-
- A NIACL Assistant works 5 days a week.
- NIACL Assistant gets a good amount of leaves and also has the option of leave encashment.
- There is not much work pressure, therefore, the NIACL Assistant can perform to the best of their ability and maintain work-life balance at the same time.
- NIACL provides its employees with accommodation facilities at the time of transfer, so the house-hunting work becomes redundant here for the latter.
Detailed NIACL Assistant Job Profile
As NIACL Assistant, the main responsibility would be to assist the Administrative Officers of the department you are working in.
Candidates Aspirin to apply for the post of Assistant in NIACL must also know their job profiles before joining the insurance company. The roles and responsibilities, and tasks of NIACL Assistant can be classified into the following three categories:
|
NIACL Assistants Roles and Responsibilities |
|
|
Underwriting |
This is mostly a data entry task that involves:-
|
|
Claims |
Various legal and non-legal aspects of claims of customers are involved here:
|
|
Accounts |
This involves various tasks related to accounts:
|
Know NIACL Assistant Career Growth
Aspirants across the country must note that NIACL provides abundant opportunities for its employees to get promoted internally. Added Increments are provided to the NIACL Assistant Salary 2021 when an employee clears the Internal promotions Examination.
The minimum work experience in NIACL required for appearing for Examinations is 6 months. A NIACL Assistant can only be transferred to another city after 5 years of their joining.
The posts available promotion-wise are as follows:-
- Assistant
- Administrative Officer
- Senior Administrative Officer
- Assistant Manager
- Manager
- Senior Manager
- Insurance Specialist
- Director/CEO
3 steps are leading to increment at each one of them. The 3 examinations the employee has to pass are:
- Licentiate
- Associate
- Fellowship
After the fellowship, the employees eligible for an increment of Rs. 1550.
NIACL Assistants Probation period
The shortlisted candidates will work on a minimum of 6 months probation period. And within the period, the performance of the employee will be evaluated and average or low performing employees will be evaluated and average or low performing employees’ probation period will be extended for a period as required by the company.
The candidates who quit at some point in the probationary period and also whose services are terminated by the company itself at the same period will be liable to pay the amount Equivalent to the remuneration paid and a sum of Rs 25,000 towards.
NIACL Assistant Application Process- Important Dates
In this section, the candidates will get information about the important dates and events. However, the exact date for the events has not been announced yet. But we can expect few dates of the events.
|
Event |
Expected Dates |
|
Online Application Starts |
January 2021 |
|
Last Date of NIACL Online Application |
January-February 2021 |
|
Payment of Application Fees |
January-February 2021 |
|
NIACL Assistant Exam Date 2021 (Prelims) |
Not announced |
|
NIACL Mains Exam Date 2021 |
Not announced |
|
Admit card download |
Not announced |
|
NIACL Mains Result Date |
Not announced |
NIACL Assistant Vacancy 2021
NIACL Assistant Vacancy 2021 will be slightly higher than the previous ones. So let’s have a look over the expected vacancies this year.
|
Category |
Vacancy |
Backlog |
|
SC |
105 |
4 |
|
ST |
60 |
10 |
|
OBC |
113 |
18 |
|
General |
375 |
– |
|
Total |
653 |
32 |