The New India Assurance Co. "Salary" Reviews

Likes

Nice work environment. Salary is decent.

Dislikes

Perks are less as compared to other.

Work Details

Work days: Monday to Friday (Strict Timings)

Work related travel: This is a desk job.

Likes

Work-life balance, good compensation, lots of opportunities to learn and upskill

Dislikes

Nothing to call out

Work Details

Work days: Monday to Friday (Strict Timings)

Likes

Awesome work life balance, Good benefits. Good salary.

Dislikes

nothing

Work Details

I am an Administrative Officer and Micro Office In charge at Srirangpatna. I have been handling this rural branch from the past 6 years. It has been a great experience. Career growth is very good. A Public company with corporate work culture.

Work days: Monday to Friday (Strict Timings)

Likes

Company policies are good and transparent to all employees and insurers too. Overall I'm so glad that I got chance to work with them.

Dislikes

Salary is low and it takes much time for appraisal.

Work Details

I struggled in the beginning of the join, cause I got little knowledge so.

Work days: Monday to Saturday (Flexible Timings)

Work related travel: This job involves Travel Within City.

Likes

Working Environment and culture. Working with senior Employees is better

Dislikes

Less pay

Work Details

It's more Competitive while settlement of claims.

Work timings: Flexible Timings

Work related travel: This job involves Travel Within City.

Likes

it gives you the freedom to learn and experience with topmost company in the industry.Job is secured but rewards do not follow the contributions made.HR policy is very outdated and management is typical PSU,

Dislikes

Career growth is slow ,salary is a constraint for quality and best brains are not available, lack of dynamism but work life balance is not very demanding.Work environment is average if not outstanding.

Work Details

Its challenging but satisfying at the of the day. Having to deal with various types of claim intimations I am always on my toes as immediate response is required once an intimation comes.There is constant follow up to dispose the claim at the earliest.

Work days: Monday to Friday (Flexible Timings)

Work related travel: This job involves Travel Within Country.

Likes

very happy to work in the company.it provide more experience.

Dislikes

Iam a temporary appointed so the package is not at all good

Work Details

Work days: Monday to Friday (Strict Timings)

Likes

Job security, decent compensation, work life balance

Dislikes

Monotonous, psu culture, stagnant growth

Work Details

Work days: Monday to Friday (Strict Timings)

Work related travel: This job involves Travel Within Country.

Likes

The company is open to innovation.

Dislikes

Compensation is decent, but growth is slow.

Work Details

Work is challenging.

Work days: Monday to Friday (Flexible Timings)

Likes

New India Assurance company is presently a wholly owned govt.of India insurance company.There is 3 tier structure viz Branch office,Divisional office and Regional office.The staff strength in the company has drastically reduced due to mass retirement and absence of recruitment for over 20 years.Accordingly many had lost their prospect and could not go higher in cadre.Never the less situations have changed and mass recruitment at both officer level and Assistant level has started.After their entering the services of the company employees are given induction training.But the service seniority is reckoned from the date of joining the company.There is ample scope for quick promotions now and one can rise to high cadre. The salary of the New Indian's is very high compared to the salary given by banks to similar cadre .There are also lot of facilities like housing loan,vehicle loan,leave encashment once in 2 years,Leave travel facility,holiday home facility,maternity and paternity leave,...Read More

Dislikes

Employee's have cent percent job security.There is also good team work among them.Normally work pressure is felt on the employees especially those who are good workers.But these are ignored by the management when any small complaints lodged against them by the public which actually would have been the crooked conspiracy of vested int erest persons resulting in stalling the promotion prospects of hard working employees.Since Regional In charges are the recommending authority for grant of promotion by head office and these people will not be familiar to us due to their coming from other states and may not be knowing the working efficiency of the particular person,simply discard him just because of the falls complaints. There are now lot of forums like RTI act,consumer forums,civil courts for redressing the grievances of the public with respect to claims,policy issuing etc....Read More

Work Details

The nature of job was thrilling and also tight work.I was Asst.Manager at the time of retirement and I was in charge of the Motor Legal Dept. as well as all other claims Dept.like Motor,fire,Misc. etc.Being second officer in the Division,I

Work days: Monday to Friday (Strict Timings)

Work related travel: This is a desk job.