NIACL AO or LIC AAO-Who offers more salary?

NIACL AO or LIC AAO: It is a common question that pops up in the minds of the aspirants while choosing one insurance exam over the other- ‘Does NIACL AO offers more salary than LIC AAO?’

Undoubtedly, the salaries of both posts are one of the major driving forces for candidates opting to appear in these sought-after insurance exams. Lakhs of candidates appear in this National level Insurance examination conducted to appoint Administrative Officers. Other than a decent basic salary, there are also other lucrative allowances and perks promised by both posts full of many career growth opportunities. LIC, a bigger name than NIACL, attracts more aspirants, whereas NIACL AO, a typical government job, attracts aspirants who want a simple 9-5 job.

Conclusion

If you are applying for either of the two posts mentioned above, you must note that the insurance sector offers growth for one’s career, apart from respect and security. The work pressure is high, like in any other job profile. As AO (Administrative Officers), you will need to serve the company for a minimum of 4 years, and after the completion of this probation period, the responsibilities, post, and NIACL AO salary will also increase. As LIC AAO, you can expect a good salary, and other benefits once you will get to higher posts by clearing specific exams or fulfilling the necessary criteria. Now you can make a well-informed decision as to which job suits you best.

FAQs-NIACL AO 2021

Q1. What is the in-hand salary of a NIACL AO (New India Assurance)?

As per the latest notification of 2021, the on-hand salary would be around 60,000 per month.

Q2. How is the training life of NIACL AO?

The NIACL AO training is conducted by the National Insurance Academy, Pune. You will be accommodated in a 4-star hotel located close to NIA. The teachers who run the training classes are the experts in the insurance market. The training module also includes visits like garage visits, outdoor activity centers, TPA office visits, etc.

Q3. How is the work-life of NIACL AO (generalist) in terms of the job profile and salary?

The administrative Officer post of New India Assurance is one of the most versatile posts with incredible learning opportunities. Being selected as a generalist doesn’t mean you can’t explore other specific options. Generalist AO’s can be posted as legal or accounts officers in a divisional office or you can also be posted in the underwriting or nonsuit claims department as well.

Q4. How can I clear the NIACL AO interview?

The interview in NIACL is easy to clear. You can be asked questions around:

1. You, your family, your school and your college life.
2. Your knowledge of current affairs and General Knowledge.
3. Basic Insurance awareness – Read the Principles of Insurance book (IC 01), it’s available on the website www.insuranceinstituteofindia.com. Basic knowledge and awareness of the Insurance industry are tested.

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