Add office photos
Employer?
Claim Account for FREE
The New India Assurance Co.
4.5
based on 196 Reviews
Company Overview
Company Locations
Working at The New India Assurance Co.
Company Summary
One of the Largest public sector general insurance company of India. New India Assurance operates both in India and foreign countries. Buy or renew insurance online.
Overall Rating
4.5/5
based on 196 reviews
16% above
industry average
Highly rated for
Job security, Work-life balance, Company culture
Work Policy
Work from office
71% employees reported
Monday to Friday
81% employees reported
Flexible timing
54% employees reported
Within city
38% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
18 employees reported
Health insurance
18 employees reported
International/On-site exposure
7 employees reported
Professional degree assistance
5 employees reported
View all benefits
About The New India Assurance Co.
Founded in1919 (106 yrs old)
India Employee Count10k-50k
Global Employee Count10k-50k
India HeadquartersMumbai, Maharashtra, India
Office Locations
--
Websitenewindia.co.in
Primary Industry
Other Industries
--
Are you managing The New India Assurance Co.'s employer brand? To edit company information,
claim this page for free
NEW INDIA ASSURANCE CO. LTD, founded by Sir Dorabji Tata in 1919, a Multinational General Insurance Company, today operates in 28 countries and headquartered at Mumbai, India. Our global business crossed Rs. 26607 crores in March 2019.We have been market leaders in India in Non-Life business for more than 40 years. Our Indian business crossed Rs.23910 crores in March 2019. We are the only direct insurer in India rated A-(Excellent) by AM BEST Company since 2007. We have been rated AAA/Stable by CRISIL since 2014, indicating that the Company has the highest degree of Financial Strength to honour its Policyholder's obligations.We have been leading the market, apart from premium, in reserves & net worth for many years.
Managing your company's employer brand?
Claim this Company Page for FREE
The New India Assurance Co. Ratings
based on 196 reviews
Overall Rating
4.5/5
How AmbitionBox ratings work?
5
133
4
35
3
16
2
8
1
4
Category Ratings
4.5
Job security
4.4
Work-life balance
4.3
Company culture
4.3
Work satisfaction
4.2
Skill development
4.0
Salary
3.9
Promotions
The New India Assurance Co. is rated 4.5 out of 5 stars on AmbitionBox, based on 196 company reviews. This rating reflects a generally positive employee experience, indicating satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at The New India Assurance Co.
based on 179 reviews
4.5
Rated by 40 Women
Rated 4.4 for Skill development and 4.3 for Work-life balance
4.5
Rated by 139 Men
Rated 4.6 for Job security and 4.5 for Work-life balance
Work Policy at The New India Assurance Co.
based on 17 reviews in last 6 months
Work from office
71%
Permanent work from home
24%
Hybrid
5%
The New India Assurance Co. Reviews
Top mentions in The New India Assurance Co. Reviews
+ 5 more
Compare The New India Assurance Co. with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 4.5/5 based on 196 reviews | 4.3/5 based on 193 reviews | 4.2/5 based on 205 reviews | 4.4/5 based on 132 reviews |
Highly Rated for | Job security Work-life balance Company culture | Work-life balance Job security Company culture | Job security Work-life balance Company culture | Work-life balance Job security Company culture |
Critically Rated for | No critically rated category | No critically rated category | No critically rated category | No critically rated category |
Primary Work Policy | Work from office 71% employees reported | - | Work from office 62% employees reported | - |
Rating by Women Employees | 4.5 Good rated by 40 women | 4.5 Good rated by 42 women | 3.9 Good rated by 27 women | 4.8 Excellent rated by 21 women |
Rating by Men Employees | 4.5 Good rated by 139 men | 4.1 Good rated by 122 men | 4.3 Good rated by 158 men | 4.3 Good rated by 92 men |
Job security | 4.5 Good | 4.5 Good | 4.4 Good | 4.2 Good |
View more
The New India Assurance Co. Salaries
The New India Assurance Co. salaries have received with an average score of 4.0 out of 5 by 196 employees.
Insurance Adviser
(38 salaries)
Unlock
₹1.3 L/yr - ₹5.5 L/yr
Administration Officer
(25 salaries)
Unlock
₹5.3 L/yr - ₹17 L/yr
Agent
(10 salaries)
Unlock
₹1.8 L/yr - ₹8 L/yr
Branch Manager
(10 salaries)
Unlock
₹10 L/yr - ₹18.5 L/yr
Deputy Manager
(9 salaries)
Unlock
₹17 L/yr - ₹26 L/yr
Insurance Agent
(9 salaries)
Unlock
₹2 L/yr - ₹3 L/yr
Office Assistant
(9 salaries)
Unlock
₹1 L/yr - ₹4.2 L/yr
Underwriter
(8 salaries)
Unlock
₹1 L/yr - ₹5.1 L/yr
Senior Divisional Manager
(5 salaries)
Unlock
₹16 L/yr - ₹35 L/yr
Senior Assistant
(5 salaries)
Unlock
₹6 L/yr - ₹8 L/yr
Compare The New India Assurance Co. with
ICICI Lombard General Insurance Company
3.7
HDFC Ergo General Insurance
3.9
Bajaj Allianz General Insurance
3.9
Reliance General Insurance
3.7
Tata AIG
4.1
SBI General Insurance
3.7
Future Generali India Life Insurance
3.7
HDFC Life
4.0
ICICI Prudential Life Insurance
4.1
Axis Max Life Insurance
4.1
Bajaj Allianz Life Insurance
4.0
SBI Life Insurance Company
3.8
Tata AIA Life Insurance
4.0
PNB MetLife
3.4
Kotak Mahindara Life Insurance
3.7
Reliance Nippon Life Insurance
3.7
Aditya Birla Sun Life Insurance
4.1
Cholamandalam MS General Insurance
3.8
Gallagher
3.8
Life Insurance Corporation of India
4.4
Edit your company information by claiming this page
Contribute & help others!
You can choose to be anonymous
Companies Similar to The New India Assurance Co.
United India Insurance Company
Financial Services, Insurance
4.3
• 193 reviews
National Insurance Company
Financial Services, Insurance
4.2
• 205 reviews
The Oriental Insurance Co.
Banking / Insurance / Accounting, Financial Services, Insurance
4.4
• 132 reviews
ICICI Lombard General Insurance Company
Financial Services, Insurance
3.7
• 4.5k reviews
HDFC Ergo General Insurance
Financial Services, Insurance
3.9
• 3.2k reviews
Bajaj Allianz General Insurance
Insurance
3.9
• 2.4k reviews
Reliance General Insurance
Financial Services, Insurance
3.7
• 1.5k reviews
Tata AIG
Financial Services, Insurance
4.1
• 2.5k reviews
SBI General Insurance
Financial Services, Insurance
3.7
• 1.6k reviews
Future Generali India Life Insurance
Financial Services, Insurance
3.7
• 1.7k reviews
HDFC Life
Banking / Insurance / Accounting, Financial Services, Insurance
4.0
• 9k reviews
ICICI Prudential Life Insurance
Financial Services, Insurance
4.1
• 6.2k reviews
The New India Assurance Co. FAQs
When was The New India Assurance Co. founded?
The New India Assurance Co. was founded in 1919. The company has been operating for 106 years primarily in the Insurance sector.
Where is the The New India Assurance Co. headquarters located?
The New India Assurance Co. is headquartered in Mumbai, Maharashtra.
How many employees does The New India Assurance Co. have in India?
The New India Assurance Co. currently has more than 15,000+ employees in India. BFSI, Investments & Trading department appears to have the highest employee count in The New India Assurance Co. based on the number of reviews submitted on AmbitionBox.
Does The New India Assurance Co. have good work-life balance?
The New India Assurance Co. has a work-life balance rating of 4.4 out of 5 based on 100+ employee reviews on AmbitionBox. 86% employees rated The New India Assurance Co. 4 or above on work-life balance. This rating reflects the company's efforts to help employees maintain a healthy balance between their personal and professional lives. We encourage you to read The New India Assurance Co. work-life balance reviews for more details
Is The New India Assurance Co. good for career growth?
Career growth at The New India Assurance Co. is rated fairly well, with a promotions and appraisal rating of 3.9. 86% employees rated The New India Assurance Co. 4 or above, while 14% employees rated it 3 or below on promotions/appraisal. Though the sentiment is mixed for career growth, majority employees have rated it positively. We recommend reading The New India Assurance Co. promotions/appraisals reviews for more detailed insights.
What are the pros of working in The New India Assurance Co.?
Working at The New India Assurance Co. offers several advantages that make it an appealing place for employees. The company is highly rated for job security, work life balance and company culture, based on 100+ employee reviews on AmbitionBox.
Stay ahead in your career. Get AmbitionBox app
Helping over 1 Crore job seekers every month in choosing their right fit company
70 Lakh+
Reviews
5 Lakh+
Interviews
4 Crore+
Salaries
1 Cr+
Users/Month
Contribute to help millions
Get AmbitionBox app
Made with ❤️ in India. Trademarks belong to their respective owners. All rights reserved © 2024 Info Edge (India) Ltd.
Follow us
