NIA Pune Placements

NIA Pune Placements

NIA Pune Placements

NIA Placements Highlights

  • Many top recruiters come to the campus of the National Insurance Academy, Pune to hire eligible students from the campus.
  • All the students of NIA, Pune have been successfully placed during 2023 and 2022 placements at the campus.
  • The highest CTC received by the students of the NIA during 2023 placements was 18.00 Lakhs Per Annum.
  • The average CTC offered to the students of National Insurance Academy, Pune during recent placements was 12.50 Lakhs Per Annum.
  • The median CTC offered to the NIA students during 2023 placements was 13.00 Lakhs Per Annum.
  • The highest package offered to the students of NIA during 2022 placements was 29.50 Lakhs Per Annum.
  • The average CTC received by the students of NIA Pune was 10.30 Lakhs Per Annum.
  • Students of the 2022 graduating batch have received 30% pre-placement offers.
  • Some of the top recruiters of NIA Pune are Exide Life, Swiss Re, Aditya Birla Insurance Brokers, SBI Life Insurance, L&T Infotech and ICICI Prudential Life Insurance.

Some highlights of NIA Pune Placements are provided below.

Particulars Details

Highest CTC

18.00 Lakhs Per Annum (2023)
29.50 Lakhs Per Annum (2022)

Average CTC

12.50 Lakhs Per Annum (2023)
10.30 Lakhs Per Annum (2022)
Median CTC 13.00 Lakhs Per Annum (2023)
Pre-placement Offers (2022)30%
Placement Rate100%
Top Recruiters Exide Life, ICICI Lombard General Insurance, Tata AIG General Insurance, Anand Rathi Brokers, SBI Life Insurance and L&T Infotech.

Highest and Average Packages

  • During 2022 placements, the highest package offered to the NIA Pune students was 29.50 Lakhs Per Annum.
  • The average package received by the students of NIA Pune was 10.30 Lakhs Per Annum.
  • The average CTC of the top 10% of students of NIA Pune was 27.20 Lakhs Per Annum while it was 17.70 Lakhs Per Annum for the top 25% of students.
  • The average CTC of the top 50% of students of NIA Pune during 2022 placements was 13.20 Lakhs Per Annum whereas it was 11.50 Lakhs Per Annum for the top 75% of the students.
Highest CTC 29.50 Lakhs Per Annum
Average CTC 10.30 Lakhs Per Annum
Average CTC of Top 10%27.20 Lakhs Per Annum
Average CTC of Top 25%17.70 Lakhs Per Annum
Average CTC of Top 50%13.20 Lakhs Per Annum
Average CTC of Top 75%11.50 Lakhs Per Annum
  1. Highest CTC

The highest CTC offered to the students during 2023 placements has witnessed a decline of more than 39% from the previous year and its trends for the last 5 years are given below.

NIA Pune Placements

The table representing the highest CTCs offered to the NIA students for the last 5 years is given below.

Academic Year Highest CTC (LPA)
2018-201928.00
2019-202012.10
2020-202112.10
2021-202229.50
2022-202318.00
  1. Average CTC

The average CTC offered to the NIA students during 2023 placements has witnessed a rise of more than 20% from the previous year and the trends of the same for the past 5 years are shown below in the form of a graph.

NIA Pune Placements

The table showing the average CTC trends of NIA Pune for the last 5 years is provided below.

Academic Year Average CTC (LPA)
2018-20199.27
2019-20208.40
2020-20217.66
2021-202210.30
2022-202312.50

Degree/Course-wise Highest Package

The median CTCs offered to PGDM students are provided below.

  1. PGDM
  • During 2021 placements, PGDM students have received a median CTC of 8.50 Lakhs Per Annum.

The median CTCs offered to PGDM students have not been consistent for the past 3 years and their trends are shown below.

NIA Pune Placements

The table describing the median CTCs offered to PGDM students is provided below.

Academic Year Median CTC (LPA)
2018-20198.10
2019-20207.35
2020-20218.50

Recruiters

  • Many top companies visit the campus of the National Insurance Academy, Pune to hire eligible students from the campus.
  • Students have been offered various profiles such as Risk Analyst, Consultant, Underwriting Manager, Sales & Marketing, Actuarial Analyst and Techno-Marketing.

Some of the top recruiters of NIA students are given below.

Tata AIG General Insurance Limitless Insurance Brokers Star Health & Allied Insurance
ICICI Lombard General Insurance Anand Rathi BrokersUniversal Sompo General Insurance
ICICI Prudential Life Insurance First Policy BrokersGoDigit General Insurance
Swiss ReAditya Birla Insurance BrokersSBI Life Insurance
Exide LifeHowden Insurance Brokers L&T Infotech

The sector-wise placement distribution of NIA Pune students is provided below.

Sector Placements (%)
General Insurance 48
Life Insurance 03
Insurance Brokers 16
Reinsurance 03
IT21
Health Insurance 02
Consulting 04
Other03

Number of Students Placed

All the students of the NIA PGDM (2021-2023) batch have been successfully placed during recent placements at the campus and achieved a 100% placement rate. The total number of students placed from PGDM programmes for the past 3 years according to the NIRF Report 2022 is provided below.

Academic Year Number of Students Graduating in the Stipulated Time Total Number of Students Placed Placement Percentage
2018-20198080100
2019-20209292100
2020-20219292100

Placement Assistance

  • The Placement Committee of the National Insurance Academy, Pune helps students in getting better placement opportunities.
  • It helps them in training themselves for campus placements.
  • The Placement Office of the NIA Pune is headed by the Chairperson, selected from the faculty and will be managed by the Placement Committee.
  • The Placement Committee is a student-driven committee guided by the Placement Secretariat and Placement Chairperson.
  • It approaches prospective employers, arranges pre-placement talks and personal interviews at the campus.
  • It provides all the facilities necessary for the visiting organizations to carry out placements.

Batch Profile

The batch profile details of the NIA Pune students (2022-2024) batch are provided below.

  1. Gender Diversity

The gender distribution details of NIA students are provided below.

Gender Diversity Students
Male94
Female 42
  1. Educational Background

The academic background details of NIA Pune students are given below.

Educational Background Students
Commerce 44
Engineering 34
Management 17
Science 32
Arts09
  1. Work Experience

The work experience information of NIA students is given below.

Work Experience Students
Freshers 105
Work Experience 31

Internships

  • Students of the National Insurance Academy, Pune take up challenging Summer Internship projects with various organizations.
  • They work for 8 weeks on selected projects under the guidance of industry experts.
  • This will help them in enhancing their skills and absorbing industry knowledge.

The list of recruiters of the Summer Internship Programme (SIP) for batch 2021-2023 is given below.

General Insurance Insurance Brokers Health Insurance
Digit Insurance Marsh India Insurance Brokers Pvt Ltd Aditya Birla Health Insurance Company Limited
SBI General Insurance Company Limited Symbo India Insurance Broking Pvt Ltd Care Health Insurance Limited
Tata AIG General Insurance Company Limited Policybazaar Insurance Brokers Pvt Ltd ManipalCigna Health Insurance Company Limited
Life Insurance Information Technology Others
SBI General Insurance Company Limited Larsen and Toubro Infotech Limited Finsall Resources Pvt Ltd
Kotak Mahindra Life Insurance Company Limited -Reliance Industries Limited

Alumni

  • The alumni of the National Insurance Academy, Pune have been working in top roles in various organizations across the globe.
  • Some of the distinguished alumni of the National Insurance Academy, Pune are given below.
    • Akash Singh Kheterpal - Underwriter, TATA AIG
    • Prachi Dhir - Management Trainee, Global Insurance Brokers Pvt Ltd
    • Medha Dave - Management Trainee, Marsh India Insurance Brokers Pvt Ltd
    • Animesh Sinha - Business Process Analyst, MS First Capital Insurance
    • Ayush Jain - Underwriter and Senior Marketing Executive, P&C India General Insurance AG India Branch
    • Sumit Advani - Manager, Ernst & Young LLP, etc.

Resources

https://www.pgdm.niapune.org.in/placements/final-placements

https://www.niapune.org.in/

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