NICL-AO Exam 2012

@[544362:OmegaMutant] How many candidates are called in total?

@[580218:panditpujari]
Exactly 1898.

@[544362:OmegaMutant] 1898 interview? Holy shit! At their reputation, they'd take a whole year to declare the final result!

@[544362:OmegaMutant] how would you know that new india assurance will also fill around 300 posts

@[596175:arjun8989] Aree bhai I am just guessing!!
Because IMO in most of the recruitment , ratio of seats to people called has always been 1:3 or maximum 1:4.
Yes, exceptions are there.

NICL Notification
Page No. 3
Point (V)
"Selection Procedure"
Still if u miss that.........i can be more specific :P

@jabber23 said: @futtimaniac it is no where mentioned that the selection will be calculated on ur written and interview marks..written was one level now interview in other....

which topics need to cover for interview, puys please comment

@[453241:futtimaniac] thanks for the info...
They had short listed so many people as apart from nicl ...New India Assurance
Company Limited is also going to recruit from the same list..that will lead to decrease of the ratio per seat.....
let us concentrate on the interview....
as one of the puys told we have to learn history of insurance,basic economics, current event so let us work on that....if anyone have any other info please do let us know....

Peoplessssssssssssssss!!
Interview ke liye kuch discussion karrrro!!

@[544362:OmegaMutant] u suggest something on which we can discuss about!!

Hi guys... I was looking for this thread. Nice to see some disscussion.

It was my first attempt and I have cleared for Generalist. I would like to prepare for the interview, lets study together and help each other, let us share our knowledge and experiences.

I have some info regarding the job- it is a good career, we'll get initial pay around 32k excluding rent.

The interview will be possible in Kolkata or in Delhi... I am not very sure about this but this is likely to happen..

Are you guys taking some coaching for intierview? Can anyone name any good insitutute for such preparation?.. Or studying from would suffice?.. Well.. I just have no idea so itself...

Anyone has idea when will have the call letter for interview?

@[597234:Gaurav1616] What is your basis to say it is a good career? From my experience what I see in my nearest branches, I don't think so.

Study in detail about insurance industry of India.

@[597234:Gaurav1616] yaar detail me batao. we are here to discuss. ho sakta hai mera koi misconception door ho jaye.

This is my first time yar... I dont have much info either...


But still what I know is- they are looking for dynamic guys, so dont stay quite in the interview... you have to be outspoken...

Got this from bankpo nicl interview group.



Policies

Personal Line Insurance

Personal Line Insurance is meant to cover risks of person and property of individuals or group of individuals or liability developing upon them. Insurance of persons would include Personal Accident, Mediclaim, Critical Illness, Amartya Siksha Yojana, among others. Insurance of property would include Householders', Niwas Yojana, Motor etc. Insurance of liability would include liability devolving on a person arising out of his personal actions / inactions or out of the practice of his/her profession, such as, Personal Liability, Professional Indemnity for a Doctor / Lawyer etc.

Rural Line Insurance

Since nationalization our Company is moving ahead with the task of taking General Insurance business to the rural segments, keeping in view the social objective of serving the needs of the economy in the best interest of the weaker sections of the community.
To provide financial protection against loss of their small income generating assets due to the occurrence of fortuitous events, our company has devised a number of insurance policies specially designed for the rural people and weaker section of urban society.

Industrial Line Insurance

Industrial Insurance is another branch of non-life insurance which covers various risks faced by the industry and serves to sustain the growth of the industrial activity. These insurances can be sub-divided into broadly two heads as Project Insurance and Operational Insurance. The two basic forms of Project Insurance are Erection All Risk Insurance and Contractor's All Risk Insurance. Commonly chosen Operational Insurance policies are Fire policy, Machinery Insurance policy, Electronic Equipment Insurance policy and Consequential Loss (Fire) policy.

Commercial Line Insurance

The mainstay of our economy is commercial activity of various kinds, covering trades, transport, banking etc. These organisations are exposed to risks, which can be categorised as loss of or damage to property / assets and liability arising out of an action /inaction in the course of the commercial activity.
National Insurance offers different options, which enable a commercial organization to protect itself against losses arising from various perils. These options can be classified as package policies, specific policies to protect against property loss and specific policies to cover liability arising due to errors and omissions in the course of transaction of commercial activity.

@Gaurav1616 said: @panditpujari:0" . If you work for around 4 years in this company, one shift to other compnay will let you have a package of at least 15lacs in today's date.Source of Information: My friend is already an AO in NICL posted in Mumbai
You are quoting a very high ctc , man.

And was your friend's posting according to his region or has been posted from somewhere else to Mumbai?

Anyone has any idea about how much weightage they give to academics?I am worried as my marks in 12 were very less.

@[597234:Gaurav1616] thanx for your informantion, would you please let us know the job and its duties as a generalist.