Welcome to the detailed job description for the position of Chief Technology Officer (CTO) at New India Assurance Company (NIACL) for the year 2025. This document provides comprehensive information about the role, eligibility criteria, application process, and other important details to assist interested candidates in understanding and preparing for this prestigious opportunity.
NIACL Chief Technology Officer (CTO) Recruitment 2025
Overview
NIACL, one of India’s leading public sector insurance companies, has officially announced the recruitment of a single Chief Technology Officer (CTO) position. The role is critical for steering the company’s technology strategies, ensuring robust IT infrastructure, and aligning technological innovation with business goals.
| Parameter | Details |
|---|---|
| Company Name | New India Assurance Company (NIACL) |
| Post Name | Chief Technology Officer |
| Total Vacancies | 01 |
| Official Notification | Download Notification PDF |
| Official Website | newindia.co.in |
| Start Date for Online Applications | 04-12-2025 |
| Last Date for Online Applications | 25-12-2025 (up to 6 PM) |
| Application Mode | Online |
Eligibility Criteria
The ideal candidate must meet specific educational and professional experience requirements to qualify for the CTO role at NIACL:
Educational Qualifications
| Qualification | Description |
|---|---|
| B.Tech / B.E | In Computer Science, Information Technology, or related engineering disciplines from a recognized university. |
| M.Sc / M.Tech | Specialized in Computer Science, IT, or related fields. Preferred but not mandatory. |
| MCA | Master of Computer Applications from a recognized institution. |
Professional Experience
- Minimum of 20 years of experience in the IT sector, handling large IT solutions, especially in software architecture, development, infrastructure, or related domains.
- Preferably with a background in managing large projects, infrastructure, applications, and databases.
- Experience managing projects worth more than ₹100 crore is highly desirable.
- Prior senior executive experience in insurance, banking, financial services, or technology sectors is advantageous.
Additional Desirable Qualifications
| Qualification | Details |
|---|---|
| M.Sc / M.Tech | Specialization in Computer Science, IT, Cyber Security, or related areas. |
| Certifications | Project Management (e.g., PRINCE2), CTO/Enterprise Architecture (e.g., TOGAF, COBIT, ITIL). |
| Other Skills | Strong project management, infrastructure, application, and database management skills; experience in risk management, cybersecurity, and digital transformation initiatives. |
Age Limit
The age criteria as of 01 January 2025 are as follows:
- Minimum Age: 40 years
- Maximum Age: 55 years
Age relaxation is not specified for this recruitment; candidates must meet the age criteria on the mentioned date.
Salary & Remuneration
The compensation package for the CTO position at NIACL is designed to attract highly qualified professionals. It includes:
| Component | Description |
|---|---|
| Gross Emoluments | Comprising fixed and variable components, tailored based on individual qualifications and experience. |
| Increment | Annual fixed increment based on individual performance, with a one-year clawback on the first two increments. |
| Deductions & Benefits | No statutory deductions such as PF, NPS, Gratuity, or Staff Mediclaim will be made from salary. The company does not contribute to these benefits. |
Important Dates
| Event | Date |
|---|---|
| Start of Online Application | 04 December 2025 |
| Closing of Online Application | 25 December 2025 (up to 6 PM) |
| Eligibility Conditions Fulfillment Date | As of 01 January 2025 |
Selection Process
The selection for the CTO role will involve several stages to ensure the most suitable candidate is chosen:
- Initial screening based on submitted applications, qualifications, and experience.
- Shortlisted candidates will be called for one or more interviews.
- Interview details such as date, venue, and required documents will be communicated later.
- The final selection is contingent upon successful completion of pre-employment formalities, including medical examination and verification of testimonials.
- NIACL reserves the right to modify or cancel the selection process without prior notice.
Application Process
Interested candidates must prepare their application as per the instructions below:
- Send a signed CV/Resume (with a photograph affixed) along with self-attested copies of testimonials supporting eligibility criteria.
- Applications must be emailed on or before 25 December 2025, 6 PM.
- The email subject line must read: “Application for the post of Chief Technology Officer in the New India Assurance Co Ltd – 2025”.
- Send applications to both email IDs:
- All documents should be in PDF format and self-attested. A self-declaration statement must accompany the application.
| [email protected] | and | [email protected] |
Important Instructions
- Furnishing false or misleading information can result in disqualification or termination.
- Incomplete or incorrectly formatted applications will be rejected.
- Applicants from Government, PSU, or Quasi-Government institutions must produce a No Objection Certificate and Vigilance Clearance during the interview.
- Adherence to eligibility does not guarantee shortlisting or interview call.
- Canvassing or undue influence will lead to disqualification and potential legal action.
- Outstation candidates may be reimbursed for economy class airfare for the journey, subject to documentary proof.
- Legal disputes will be under the jurisdiction of courts at Mumbai only. All communications will be via email or official website.
Important Links
- Official Notification PDF: Download Here
- Official Website: Visit Here
- Recruitment Portal & Application: Link will be available on the official website
- Sarkari Result Vacancy: Visit Here
- Follow us on Twitter: Click Here
FAQs – NIACL CTO Recruitment 2025
1. When does the online application process start?
The application process begins on 04 December 2025.
2. What is the last date to submit the application?
The deadline is 25 December 2025, up to 6 PM.
3. What are the eligibility criteria?
Candidates must possess at least B.Tech/B.E, M.Sc, M.Tech, or MCA from a recognized university. Experience of 20+ years in the IT sector is required.
4. What is the maximum age limit for applicants?
The maximum age permitted is 55 years as of 01 January 2025.
5. How many vacancies are available?
There is only one vacancy for the Chief Technology Officer position.
Final Words
This is a unique opportunity for senior IT professionals seeking to leverage their expertise in leading the technological advancements at one of India’s premier insurance companies. Ensure all eligibility criteria are met, and prepare your application meticulously within the stipulated deadline. Good luck!