NIACL AO Salary 2023: As the NIACL AO notification will be released for Administrative Officer posts, the candidates interested for this post are eager to know the salary structure of NIACL AO (Generalist) Scale-I posts. The Generalist Administrative Officer is a Scale-I job profile that holds major responsibilities of the New India Assurance for which they are provided with lucrative salary along with other perks & allowances.
NIACL AO Salary 2023
The work culture at New India Assurance is of 8 hours (9.30 am to 5.30 pm) for 5 days a week. Including allowances along with admissible perquisites offered to AO Generalist posts (excluding the value of housing) works out at the minimum to Rs. 9,60,000/- p.a. (approximately). In this article, we have discussed the detailed salary structure, basic pay, job profiles, responsibilities, and allowances offered in NIACL AO Salary.
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NIACL AO Salary Structure
The candidates selected through NIACL AO Recruitment 2023 have to serve for a minimum of 4 years including 1 year of probation period with a salary of approx. Rs. 80,000/- per month. Below we have tabulated the salary structure for the Administrative Officer at New India Assurance as mentioned in the latest notification for NIACL AO 2023. The salary scales for NIACL AO are due for revision since Aug 2017.
| Particulars | Salary Structure |
| Basic Pay | Rs. 50,925/- |
| Pay Scale | Rs. 50925-2500(14)-85925-2710(4)- 96765 |
| Allowances & Perks including DA, HA, TA & others | Rs. 29000-30000/- |
| Gross Salary | Rs. 80,000/- for metro cities |
NIACL AO Salary 2023 In-hand Salary
The basic pay NIACL AO Salary is Rs. 50,925/- on the scale of Rs.50925-2500(14)-85925-2710(4)- 96765. and additional allowances. The gross salary for Administrative Officer (Generalist) will be approximately Rs. 80,000 per month in Metropolitan cities and for other cities will range between Rs. 75,000 to 80,000 per month.
NIACL AO Salary 2023- Perks & Allowances
The employees at NIACL AO posts holds lucrative benefits and allowances which attracts lakhs of candidates to national insurance job. Some of the allowances offered to the Administrative Officer are as follows:
- Dearness allowance
- House rent allowance
- Transport allowance
- City compensatory allowance
- Company/leased accommodation
Besides, basic pay and allowances, the employees at NIACL are benefitted from other coverage under National Pension System governed by PFRDA, Gratuity, LTS, Medical Benefits, Group Personal Accident Insurance etc.
Reimbursements: Various reimbursements are provided to compensate the expenses for maintenance of vehicle for official purpose, newspaper, briefcase, book Grant, allowance for the furnishing of residence, etc. as per eligibility
NIACL AO Salary 2023- Job Profile & Responsibilities
Have a look at the responsibilities that have been assigned to an Administrative Officer (Generalist) in New India Assurance Co. Limited:
- NIACL AO (Generalist) is the Scale-I administrative job profile and the work profile includes the responsibilities of the First entry-level officer.
- NIACL Administrative Officer is responsible for dealing with policymaking, clauses, risk proposals and authorization of claims
- NIACL AO files the official returns and statements that have to be shared with higher regional offices
- NIACL AO is responsible for managing and overlooking the issuance of insurance policies, settling insurance claims, etc.
NIACL AO Salary 2023- Career Growth
The employees working as Administrative Officers (Generalist) have to sign a bond & give an undertaking for working with the company for a minimum of four years (including1 year probation) and after this time period is over, the responsibilities of AO increases along with the increments to the NIACL AO Salary.
NIACL AO Syllabus & Exam Pattern 2023