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NIA Pune Placements

National Insurance Academy (NIA), Pune concluded NIA Pune Placements for the 2021-23 PGDM batch, with 100% placements. The season's placement saw the highest CTC of Rs. 18 LPA, with a median CTC of Rs. 13 LPA and an average CTC of Rs. 12.50 LPA. The average CTC during the NIA Pune placement 2023 increased by 21.31% compared to last year. The number of PPOs offered during the placement drive was 32.

In the NIA Pune Placement 2022, the season's placement witnessed the highest package offered to Indian students was Rs. 27 LPA, with the average CTC standing at Rs. 10.3 LPA. The highest international CTC was Rs. 29.5 LPA. During the NIA Pune MBA placements, companies from Insurance & Reinsurance, MNCs, financial services, consultancies, and IT participated and made offers across multiple domains.

In the NIA Pune MBA Placements 2022, the top 10% of students received the NIA Pune average package of Rs. 27.2 LPA, while the top 25% of students received the average package of Rs. 17.7 LPA. Most of the students got selected in the General Insurance sector, followed by IT and insurance brokers.

Quick Links:

NIA Pune Admissions

NIA Pune Overview

Let's have a look at the NIA Pune Placement 2021-23 in a detailed manner.

NIA Pune Placements- Key Highlights

Particulars

2023

2022

Placement Rate

100%

100% 

Highest International Package

-

Rs. 29.50 LPA

Highest Indian Package

Rs. 18 LPA

Rs. 27 LPA

Average Package 

Rs. 12.50 LPA

Rs. 10.30 LPA

Median Package

Rs. 13.00

-

Average Package of Top 10% 

-

Rs. 27.20 LPA

Average Package of Top 25% 

Rs. 17.70 LPA

-

Average Package of Top 50% 

Rs. 13.20 LPA

-

Average Package of Top 75% 

Rs. 11.50 LPA

-

PPO Offered

30%

32

NIA Pune Placements 2022 - Sector-Wise

During the NIA Pune Placement 2022, 48% of students were offered placements in the General Insurance sector, Information Technology and Insurance Brokers firms also recruited most NIA students. The table below shows the sector-wise distribution of 2022 NIA Pune Placements.

Sector

% of Students Placed

General Insurance

48

IT

21

Insurance Brokers

16

Consulting

4

Life Insurance

3

Reinsurance

3

Health Insurance

2

Others

3


Source: NIA Pune Placement 2023 Report

NIA Pune Placement 2021-23 - Top Recruiters

Many top recruiters from a wide range of industries participated in the NIA Pune Placement 2023. The table below represents sector-wise NIA Pune Placement top recruiters.

Sector

Top Recruiters

General Insurance

Bajaj Allianz General Insurance Company, Future Generali India Insurance Company Ltd., Go Digit General Insurance Limited, ICICI Lombard General Insurance, IFFCO Tokio General Insurance, Liberty General Insurance Limited, Magma HDI General Insurance Company Ltd., SBI General Insurance Company Ltd., Reliance General Insurance, Tata AIG General Insurance Company Ltd., Universal Sompo General Insurance

Life Insurance

HDFC Life Insurance, ICICI Prudential, SBI Life, TATA AIA Life Insurance, Exide Life

Insurance Brokers

Aditya Birla Insurance Brokers, Aon India Insurance Brokers, Anand Rathi Insurance Brokers, First Policy, Global Insurance Brokers, Gallagher, Howden, Marsh Insurance Brokers, Policy Bazaar, Prudent Brokers, Unilight Insurance & Reinsurance Brokers, Salasar

Reinsurance

Swiss Re

Health Insurance

Aditya Birla Health, CARE Health Insurance Company, Manipal Cigna Health Insurance, Star Health

IT

Atos Syntel, Accenture Technology, C2L BIZ Solutions, Cognizant Technologies, Infosys, L&T Infotech, SE2 India, Wurth IT

International Company

Orient PSJC Insurance Company, Qatar Insurance Company

Consulting

Accenture Strategy and Consulting, Cognizant Consulting

Other

Finsall Resources, RMS, Reliance Industries Ltd

NIA Pune PGDM 2021-23 Batch Profile

The table below depicts the batch profile of 2021-23 PGDM.

Particulars

Details

Batch Strength

98 Students

Male Students

61

Feale Students

37

Students Qualification

B.E., B.Tech., B.Sc., B.Com, BBA, BMS, BCA, BA

Students With Work Experience

25

Freshers

73

Image Source: NIA Placement 2023 Report

NIA Pune Summer Placement 2021-23

Students at NIA Pune have experienced exciting and challenging summer internship projects in a variety of organisations across diverse industries like Operations, Business Analysis, Market Research, Field Surveys, and Statistical Modelling. The current batch of students at NIA Pune is also geared up to take this legacy forward and to greater heights.

NIA Pune 2021-23 PGDM Batch Profile

The table below shows the 2021-23 PGDM batch profile at National Insurance Academy Pune.

Particulars

Details

Batch Strength

136 Students

Male Students

94

Female Students

42

Students Qualification

Commerce, Engineering, Science, Management, Arts

Students With Work Experience

31

Freshers

105


Chart, pie chart

Description automatically generated

Image Source: PGDM 2022 Placement Report

NIA Pune Summer Placements 2021-23 - Top Recruiters

Sector

NIA Pune Top Recruiters

General Insurance

Bajaj Allianz General Insurance Company, Digit Insurance, Future Generali India Insurance Company Ltd., Liberty General Insurance Ltd., Magma HDI General Insurance Company Ltd., SBI General Insurance Company Ltd., Tata AIG General Insurance Company Ltd.

Insurance Brokers

AON India Insurance Brokers Private Limited, Gallagher Insurance Brokers Private Limited, Marsh India Insurance Brokers Private Limited, Policybazaar Insurance Brokers Private Limited, Symbo India Insurance Broking Private Limited

Life Insurance

Kotak Mahindra Life Insurance Company Limited, SBI General Insurance Company Limited

IT

Larsen & Toubro Infotech Limited

Health Insurance

Aditya Birla Health Insurance Company Limited, Care Health Insurance Limited, ManipalCigna Health Insurance Company Limited

Other

Finsall Resources Private Limited, Reliance Industries Limited

Note: Candidates can refer to the official website for more information on NIA Pune placements.

Domain

Management and Business Administration

Level

PG

Year

2 Years

Statistics for Academic Year 2022

ParticularsStatistics
First year total students intake 120
Total students admitted 92
Total Graduated Students 92
Total Placed Students 92
Placement Percentage 100
Median Salary 8.50 L

Key takeaways from NIA Pune's Placement Statistics

  • There has been no change in the placement percentage of NIA Pune
  • The Median salary of NIA Pune has increased by 13.53 %

NIA Pune - Course Wise Placement

  • PG
202184.2105%
Disclaimer:The above trends are as per the data available with AICTE. It is to be noted that placement percentage is calculated as no. of students placed in a particular year against no. of students enrolled in 1st year of that batch, as per the information provided to AICTE. The placement percentages are indicative and they do not factor lateral enrollment of students, if any and also no. of students who have not participated in placements.
Have a question related to NIA Pune ?

I have scored 229 marks in CMAT 2019 with 78.49 percentile. Suggest me some good colleges to apply.


Hello Dimple,

Congratulations on your score, and would like to tell you that since you are applying for the school, for the Management studies.

These exams are held once a year and it is very important to be sure as to which college you want to apply for after the exams.

Thus I would recommend you to please visit our website, where there is a detailed description of all the major courses offered by the colleges and which one would be best for you.

https://bschool.careers360.com/pathfinder/cmat

May I know cut off in CAT, XAT, MAT for admission in NIA Pune?

NIA provides dual expertise to the PGDM students; one in Insurance and the other in management.

Eligibility 

A graduation degree or equivalent from any recognized Indian/foreign university with a minimum of 50% for General and 45% for SC/ST/DA Category. Students appearing for final year can apply subject to completion of their examination requirements by June 30, 2018.

Selection Based on

1. Upper age limit is 28 years for General, OBC-NC and 30 years for SC/ST/DA category as on 1st July 2018.

2. NIA has adopted Reservation Policy in admissions as per Central Government Rules applicable to Academic Institutions like IITs and IIMs.

3. Weightage of Selection Parameters for Final Selection

     i.   Past Academic Record : 20% 

     ii.  Performance in CAT / CMAT : 50 %  

     iii. Performance in GD/PI : 30% (GD :10marks + PI :20marks = 30marks) 

What percentile in cmat 2022 is required to get into NIA Pune?

Hello Student

Taking admission in National Insurance of Academy candidate should secure 50% marks in graduation and valid score in CMAT examination score of for nia Pune for CMAT examination is 87.5 percentile. For CAT 71percentile pf marks. National insurance Academy Pune established the year of 1980 is devoted to create best talent for the service of insurance in India. It was formed with the help of department of Finance Government of India, National insurance company, Oriental insurance company, and life insurance company.

This will help.

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