JOB POST: Legal Officer at the New India Assurance Company Ltd. [On-site; 70 Posts; Salary Rs. 80k]: Apply by Aug 21

The New India Assurance Company Ltd., a leading Public Sector General Insurance Company, invites applications for the recruitment of 70 Legal Officers in the Scale I cadre from the open market.

About NIACL

New India Assurance Company Ltd. was founded by Sir Dorabji Tata in 1919 with the motto of assuring the well-being of the people of India. Being a Multinational General Insurance Company, the Company today operates in 25 countries and is headquartered in Mumbai, India.

We have been market leaders in India in the Non-Life business for more than 50 years. We have been rated AAA/Stable by CRISIL since 2014, indicating that the Company has the highest degree of Financial Strength to honor its Policyholder’s obligations.

As on 31st March 2023, the Company’s Global Gross Premium is Rs 38,791 Crores, Profit before Tax is Rs 1,245 Crores, and Profit After Tax is Rs 1055 Crores. The Net worth of the company including fair value is Rs. 37,957 Crores and Investments at Market value are Rs. 86,111 Crores.

About the Opportunity

• The New India Assurance Company Ltd., a leading Public Sector General Insurance Company, invites applications for the recruitment of 450 Officers (Generalists & Specialists) in the Scale I cadre from the open market.

Number of vacancies

70

Eligibility Criteria

• Graduate/Post-graduate in Law with min 60% (55% for SC/ST/PwBD)
• Minimum Age: 21 years and Maximum Age: 30 years, as of 01.08.2023.

• A candidate applying for recruitment in the Company must be either-

• a citizen of India, or
• a subject of Nepal,


• 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 favor a certificate of eligibility has been issued by the Government of India.

Salary

 Rs. 80,000/- p.m.

Important Dates

• Online registration and payment of application fees: 1^st to 21^st August 2023 (both dates inclusive)
• Phase-I Online Examination (Objective): 9^th September 2023 (tentative)
• Phase-II Online Examination (Objective + Descriptive): 8th October 2023 (tentative)

How to Apply?

Interested Candidates may go to the Recruitment Section of the Company’s website http://newindia.co.in and click on the option “APPLY ONLINE” From 1st to 21st August.

Click here to see the official notification.

Source: Lawctopus