The New India Assurance Company Reviews | Glassdoor.co.in

The New India Assurance Company Reviews

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Found 66 reviews

4.3
StarStarStarStarStar
Rating TrendsRating Trends
80%
Recommend to a Friend
Pros
  • "Largest general insurance company of India with a solvency ratio much above statutory limits(in 10 reviews)

  • "work life balance, stress free job, better than working in a psu bank ,(in 4 reviews)

Cons
  • "Less competitive, slow processes, Rigid HR Policy(in 4 reviews)

  • "No appreciation for hardworking honest employees,(in 3 reviews)

More Pros and Cons
  1. "working as an assistant"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 

    I have been working at The New India Assurance Company full-time

    Pros

    work life balance, stress free job, better than working in a psu bank ,

    Cons

    there is no challenge in work

    The New India Assurance Company2019-03-03
  2. "administrative officer"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 
    Recommends
    Positive Outlook

    I have been working at The New India Assurance Company full-time for more than 3 years

    Pros

    good working condition in the company for newly recruited officers

    Cons

    target in marketing side and senior management is not pro employee

    Advice to Management

    should be pro employee

    The New India Assurance Company2019-04-20
  3. "Assistant job"

    StarStarStarStarStar
      Current Employee - Anonymous Employee 

      I have been working at The New India Assurance Company full-time

      Pros

      Best pressure less govt job

      Cons

      Nothing to say about it.

      Advice to Management

      Nothing

      The New India Assurance Company2019-04-07
    • "Great opportunity to working in NIACL"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Compensation and Benefits
      • Senior Management
      Current Employee - Anonymous Employee in Bangalore
      Recommends
      Positive Outlook

      I have been working at The New India Assurance Company full-time (Less than a year)

      Pros

      Even with private counter part , this is No1 in general insurance sector

      Cons

      Till now nothing I encountered

      Advice to Management

      Make fast promotion with transparency

      The New India Assurance Company2019-01-18
    • "Executive"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Compensation and Benefits
      • Senior Management
      Current Employee - Administrative Officer in Bhadohī
      Recommends
      Positive Outlook

      I have been working at The New India Assurance Company full-time for more than 5 years

      Pros

      Work beyond Limit is the best motto

      Cons

      Nothing downstairs is there during working hours

      Advice to Management

      Aim the top

      The New India Assurance Company2018-11-26
    • "Pretty slow in adapting to latest industry benchmarks as well market standards."

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Compensation and Benefits
      • Senior Management
      Current Employee - Anonymous Employee in Mumbai
      Recommends
      Positive Outlook

      I have been working at The New India Assurance Company full-time for more than 5 years

      Pros

      Only pro is that it's a Public Sector Unit, so good packages in comparison to Pvt players at entry level. That's it. Rest all is debatable.

      Cons

      - Since it's a PSU, so growth is slow. - Pay raise per promotion is not substantial. - HR Policies are rigid and old. Needs to be free from Govt. restrictions and adapt some market standards.

      The New India Assurance Company2018-10-19
    • "Best PSU Insurance company to work"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Compensation and Benefits
      • Senior Management
      Current Employee - Deputy Manager in Akola, Maharashtra
      Recommends

      I have been working at The New India Assurance Company full-time for more than 19 years

      Pros

      New India Assurance is leading general Insurance company in India. Company has a very good work atmosphere many facilities are provided to employees and promotions chances are also good .

      Cons

      No cons, everything is good

      The New India Assurance Company2018-09-23
    • "Ok job"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Compensation and Benefits
      • Senior Management
      Current Employee - Administrative Officer in Wayanad
      Doesn't Recommend
      Neutral Outlook
      No opinion of CEO

      I have been working at The New India Assurance Company full-time for more than a year

      Pros

      Ok job , ok salary , good experience

      Cons

      Hectic schedule, no work life balance

      Advice to Management

      Recruit more employees

      The New India Assurance Company2018-10-01
    • "great organisation"

      StarStarStarStarStar
        Current Employee - Insurance Executive in Chennai

        I have been working at The New India Assurance Company full-time for more than 19 years

        Pros

        Best sector for growth and good pay master

        Cons

        untimely work and fast outdation

        The New India Assurance Company2018-09-14
      • "Carrear"

        StarStarStarStarStar
        • Career Opportunities
        Current Employee - Anonymous Employee 
        Recommends
        Positive Outlook

        I have been working at The New India Assurance Company full-time

        Pros

        Best govt company in India. Good salary , convenient workings Hours. No stress

        Cons

        Hola in annual salary is a bit inadequate

        Advice to Management

        Performance linked incentives should be given.

        The New India Assurance Company2018-07-30
      Found 66 reviews