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National Insurance Academy Pune Placements 2024: Highest Package, Average Package, Top Companies

Map Pin IconBalewadi, Pune
Star Icon4.4 /5
Comment Icon172 Student Q&A
  • Private Institute
  • Estd. 1980
Dark Clock Icon Last updated on 11 Oct '24

National Insurance Academy Pune Placement overview

What's new regarding National Insurance Academy placements 2024? The institute has successfully concluded the 2024 placements with 100% of PGDM students placed. The highest package offered was INR 22 LPA. The NIA Pune average package stood at INR 12.30 LPA and the median package offered was INR 11.70 LPA. Over 29 companies participated in National Insurance Academy placements 2024, including 11 new recruiters. In addition to this, 57 PPOs were received during PGDM placements 2024.

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NIA Pune Placement Report 2024: Highlights

Check the complete insights of National Insurance Academy placements 2024 from the table below:

Particular  PGDM Placement Statistics (2024)
Placement rate 100%
Highest package INR 22 LPA
Average package INR 12.30 LPA
Median package INR 11.70 LPA
Top 10% average package INR 16.05 LPA
Top 50% average package INR 14.10 LPA
Top 75% average package INR 13.18 LPA
Total recruiters 29
New recruiters 11
PPOs received  57

NIA Pune Average Package 2024

The overall average package for PGDM batch 2022-24 stood at INR 12.30 LPA. The average package details for top 10%, top 50%, and top 75% offers have also been released. Take a look at the table below illustrating the NIA Pune average package 2024:

Particulars Placement Statistics (2024)
Average package (overall) INR 12.30 LPA
Top 10% average package INR 16.05 LPA
Top 50% average package INR 14.10 LPA
Top 75% average package INR 13.18 LPA

NIA Pune Placements 2024: Top Recruiters

The recruiters from General Insurance, Life Insurance, Standalone Health Insurance, and Insurance Technology sectors visited the institute campus for hiring. Some of the eminent companies that were part of National Insurance Academy Pune placements 2024 are listed below:

NIA Pune Placements 2024: Top Recruiters
TATA AIA Iffco-Tokio Kotak General Insurance
Mahindra Insurance Brokers SBI General Insurance Company TATA AIG
HDFC Ergo Bajaj Allianz General Insurance Company India First Life Insurance
Go Digit General Insurance Ltd. Marsh India Insurance Brokers Pvt. Ltd. Aon

Download:

NIA Pune Placement Report PGDM Batch 2022-24 Download
NIA Pune Placement Brochure 2024-25 Download

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National Insurance Academy- NIA Admission Compare National Insurance Academy- NIA with other similar Institutes

For more information about the National Insurance Academy- NIA check out the below video:

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(17 students)

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National Insurance Academy Pune
Average packages & top recruiters 2024

Top Recruiters

BAJAJ Allianz
Bharti AXA
TATA AIG Insurance
IFFCOtokyo
SBI Life
Swiss Re
Aditya Birla Group
Marsh
Tata Motors
Infosys
Atos
Intellect Design
Cognizant
L&T Infotech
Policy Bazaar
ICICI Prudential
Reliance Industries Limited
IBM
3i Infotech
religare
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National Insurance Academy Pune
Course placements 2023

CourseAverage salaryMedian SalaryHighest Salary
Post Graduate Diploma in Management (PGDM)
-/-
INR 13.00 Lakh
INR 22.00 Lakh
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National Insurance Academy Pune
Students Ratings & Reviews

4.4/5
Verified Icon17 Verified ReviewsInfo Icon
Placement Review IconPlacements4.6
Infrastructure Review IconInfrastructure4.4
Faculty Review IconFaculty & Course4.1
Crowd Review IconCampus Life4.4
Money Review IconValue for Money4.5
R
Rohit Ram P Verified Icon
Post Graduate Diploma in Management (PGDM) - Batch of 2022
4.6
5Placements4Infrastructure4Faculty5Crowd & Campus Life5Value for Money
PGDM at NIA opens up a world of opportunities.
Placements: NIA offers 100% placements from its inception. This year, the average package offered is 10.3 LPA. The highest package offered was 29.5 LPA. 30% of the batch got PPOs during their summer internships. Core insurance roles, B.A roles and consulting roles are the major roles offered.
Infrastructure: The NIA campus is beautiful. The classrooms, hostels and library are the best in class. All necessary modern amenities are provided in the hostels. Modern sports and gym facilities are available. The mess is attached to the hostel, which serves decent food.
Faculty: At NIA, you have industry experts to make us understand the concepts in-depth. The curriculum is designed in a way that makes us industry-ready after 2 years of PGDM. We have a trisemester program, where an SIP is scheduled after 3 trisemesters. The exams are scheduled after each trisemester.
Other: The ROI at NIA is unmatchable with colleges of similar level. The insurance industry is currently known as the Sunrise industry, with a huge potential to reach out in the next decades to come, with a tremendous CAGR. A variety of events like HR Summit, Insurance Summit and Manthan are held every year to add an extra spice to your college life.
Reviewed on 25 Jan 2022Read More
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A
Abhishek Mandal Verified Icon
Post Graduate Diploma in Management (PGDM) - Batch of 2020
4.6
5Placements4Infrastructure5Faculty5Crowd & Campus Life4Value for Money
Mecca of Insurance with 100% placements .
Placements: Top insurance companies/brokers and Insuretech companies come in zero-day for placements and the batch had 100% placements. This batch had a record of PPOs, the packages are at par with industry standards, the roles offered were Underwriters, claims, business analyst etc. All of them play a pivotal role in the insurance industry.
Infrastructure: The library is well maintained with real-time check-in and check-outs, resident doctors are present on the campus every day. The college has a well-equipped gym and games centre. It also has a swimming pool, sauna as add one. One of the drawbacks is that the hostel does not have a Wi-Fi but the hostel is cleaned every day by the housekeeping and proper hygiene is maintained.
Faculty: The teachers are qualified as they are mostly professionals who come directly from the insurance industry. They are Masters in their respective domains and the knowledge imparted is unique and they give the right stepping stone for entering the insurance industry. Students get the chance to meet many professional through the Insurance Summit, HR summit and CD Deshmukh seminar.
Other: The college has a lush green campus in Pune and they are one of the premier institutions in India. The college fest Nathan is one of those events which is completely organized by students and students from other B-Schools come to participate in those events.
Reviewed on 8 May 2020Read More
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SS
Suman SaurabhVerified Icon
Post Graduate Diploma in Management (PGDM) - Batch of 2017
4.6
5Placements5Infrastructure4Faculty4Crowd & Campus Life5Value for Money
Satisfied with college, its campus, facilities and course. It was a great experience.
Placements: Excellent placement, with a minimum package of 6 Lacs. There is almost 100% placement. Companies from IT sector, insurance sector, broking, consultancy firm took participate in the placement. The lowest was 6 Lacs and the highest was 10 Lacs. Roles like Underwriter, B.A. manager were offered. 100% of student got internship from the college. There is a separate placement cell in the college, who looks the placement process.
Infrastructure: Excellent greenery campus with all the facilities. Campus has all the facilities like library with all the amenities. Computer labs. There is a separate gymkhana for boys and girls with swimming pool. Food quality is average, only on Saturday, there is a special dinner. Hostel rooms are big, enough for two boys. We did not faces any infrastructure issues during our course period.
Faculty: All the faculty members are experienced with industry exposure. Faculty members come from the insurance industry and from other sectors best in their areas. There is no problem regarding faculty members. There are guest faculty members also for many subjects. Practical approach is mostly preferred. During our course period, we got the Industry exposure.
Other: FAIR seminar, HR summit, Film fest and many more.
Reviewed on 21 Apr 2018Read More
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SP
Sahil PuriVerified Icon
Post Graduate Diploma in Management (PGDM) - Batch of 2018
5
5Placements5Infrastructure5Faculty5Crowd & Campus Life5Value for Money
The best institute to study in.
Placements: National Insurance Academy holds a record 100% placement since inception and has been regarded as one of best colleges in insurance industry. Regular recruiters include IFFCO Tokio GIC, SBI Life, SBI General, Bajaj Allianz GIC, Hlobal insurance brokers, etc.
Infrastructure: Campus of National Insurance Academy is spread over 32 acres with facilities live indoor badminton court, gymnasium, pool table, etc. It has world-class lecture halls. The institute also have an amazing library which includes journals, books and newletters.
Faculty: The course curriculum includes both management and insurance related subjects and the faculty includes both industry experts amd academicians. Thirty five percent of the course curriculum includes subjects eelates to insurance and rest general management.
Reviewed on 11 Apr 2018Read More
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SK
Shubhankar KabuVerified Icon
Post Graduate Diploma in Management (PGDM) - Batch of 2018
3.8
4Placements5Infrastructure3Faculty3Crowd & Campus Life4Value for Money
Get ready for a lifetime opportunity and experience at NIA, Pune.
Placements: At NIA you can set back and relax as far as placements are concerned. Since inception, NIA has boasted 100% placement record. The list of recruiters includes Global, Marsh, JLT India, TCS, LNT, Mahindra, Accenture, Cognizant, IBM, Tata AIG, IFFCO TOKIO, ICICI Lombard, HDFC ERGO, Edelweiss, ICICI Prudential etc. Summer internship opportunities with PSU GICs. The highest package is 11.7 LPA, and the average stands at around 7.3 LPA.
Infrastructure: The best infrastructure you can get in the whole of Pune for MBA course. Lush green 32 acres campus with sprawling and mesmerising beauty. Swimming pool, badminton court, TT table, 8 lecture halls, Full-size amphitheatre, and much more. The campus has 1.8 Km jogging track inside it.
Faculty: About 70% of the general management subjects and 30% of the insurance specialisation. Best in-house faculty and amazing guest lectures from external faculty and alumni. Guest lectures from the insurance industry experts are just unparalleled and provide the best insight into the current industry practices.
Other: The management fest Manthan is organised in this college. Also, it conducts HR summit Tatva, and insurance summit Taj Hotel Mumbai.
Reviewed on 22 Mar 2018Read More
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AC
Anindya ChakrabortyVerified Icon
Post Graduate Diploma in Management (PGDM) - Batch of 2018
4.4
5Placements5Infrastructure3Faculty4Crowd & Campus Life5Value for Money
There is insurance, placements and fun.
Placements: The placements are seriously good in NIA. Since its inception, no student has been unplaced. This time also, all the students got placed in zero-day (first day of placement). The average package offered for this year was approximately Rs. 7.56 lakhs and the highest offer was Rs. 11 lakhs. As this is the most coveted institute for insurance in the country, almost all the top multinational insurance companies like Tata AIG, Bajaj Allianz, SBI Life, IFFCO TOKIO came to the campus. Some insurance brokers like Mahindra brokers, Aditya Birla brokers and some top information technology companies like Accenture, IBM, Syntel, L&T Infotech also came. All of these recruiters came for 16-18 placements. A good number of students got absorbed by the companies in which they did their internships (PPO). All in all, the placement at NIA are just great.
Infrastructure: The infrastructure in NIA is simply world class. All the lecture halls are air-conditioned and are properly equipped with the state of the art equipment. We have a library which is very easily the best library in Asia for the subject matter of insurance. A gym, table tennis, swimming pool, badminton and all the other recreational facilities are there on the campus. The campus itself is one of it's kind of lush greenery of utter grace.
Faculty: Most of the faculty consists of the industry experts as the subject needs experts, All of them have at least 20 years of working experience. The in-house faculty are amazing and can be reached anytime. The guest faculty are also organized for various subjects. The course curriculum consists of both general management and the insurance subjects. The students can take up the specialisation during the second year (finance, HR, marketing). Various seminars like insurance summit give the students the exposure of interacting with the industry experts and get a feeling of the corporate life.
Reviewed on 4 Dec 2017Read More
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National Insurance Academy Pune Placement FAQs

Q:   Which is better NIA Pune or NIBM Pune?

A: 

The table below compares the PGDM placement statistics of NIA Pune and NIBM Pune for the 2024 drive:

College/ Institute NameHighest Package (2024)Average Package (2024)Placement Rate (2024)
NIA PuneINR 22 LPA (PGDM)INR 12.30 LPA (PGDM)100% (PGDM)
NIBM PuneINR 26.51 LPA (PGDM B&FS)INR 14.23 LPA (PGDM B&FS)100% (PGDM B&FS)
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Q:   What is the highest package offered at NIA Pune?

A: 

The highest package grabbed by the PGDM batch 2022-24 was INR 22 LPA. There are no past years' records for comparison. Refer to the table below to know the NIA Pune's highest package 2024:

Particular PGDM Placement Statistics (2024)
Highest packageINR 22 LPA
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Q:   Which was the top sector during NIA Pune placements?

A: 

General Insurance emerged as the top recruiting sector with 54.50% of the batch placed in it. This was followed by the Insurance Brokers sector with 20% of the PGDM batch placed. The table below illustrates the sector-wise distribution of National Insurance Academy Pune placements 2024 for PGDM:

Sector

Placement Percentage (2024)

General Insurance

54.50%

Insurance Brokers

20%

Life Insurance

14.50%

IT/ ITES

7%

Health Insurance

1.50%

Reinsurance

1.50%

Consulting

1%

The institute has also released the number of companies from diverse sectors that participated in the 2024 drive. Over 71 companies participated from the General Insurance sector. The snip below showcases the sector-wise number of recruiters:

National Insurance Academy placements

Source: Official Placement Brochure 2024-25

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Q:   What is the placement scenario at National Insurance Academy?

A: 

The key highlights of National Insurance Academy placements 2024 are tabulated below:

Particular PGDM Placement Statistics (2024)
Placement rate100%
Highest packageINR 22 LPA
Average packageINR 12.30 LPA
Median packageINR 11.70 LPA
Top 10% average packageINR 16.05 LPA
Top 50% average packageINR 14.10 LPA
Top 75% average packageINR 13.18 LPA
Total recruiters29
New recruiters11
PPOs received 57
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Q:   What are the job profiles offered during NIA Pune placements?

A: 

Some of the popular job profiles offered to students during National Insurance Academy Pune placements are mentioned below:

NIA Pune Placements: Job Profiles

Underwriting Manager

Claims Manager

Actuarial Analyst

Business Analyst

Risk Analyst

Manager – Product Development & Pricing

Business Development Manager

Sales & Marketing

Techno-Marketing

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Q:   What is the placement rate at NIA Pune?

A: 

The placement rate recorded for the PGDM batch 2022-24 was 100%. Refer to the table table to know the NIA Pune placement rate for 2024:

ParticularsPlacement Statistics (2024)
Placement rate100%
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Q:   How many companies participated in NIA Pune placements?

A: 

As per the latest report, 29 recruiters from diverse sectors participated in the PGDM placement drive 2023-24. This included 11 first-time recruiters. The table below represents the number of recruiters that were part of National Insurance Academy Pune placements 2024:

ParticularsPlacement Statistics (2023)
Total recruiters29
New recruiters11
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Q:   What is the average placement package offered at NIA Pune?

A: 

The institute has released the average package details for the PGDM batch 2022-24. The overall average package stood at INR 12.30 LPA. Furthermore, the average package for the top 10% and top 50% offers was INR 16.05 LPA and INR 14.10 LPA, respectively. The table below depicts the NIA Pune average package 2024:

ParticularsPlacement Statistics (2024)
Average package (overall)INR 12.30 LPA
Top 10% average packageINR 16.05 LPA
Top 50% average packageINR 14.10 LPA
Top 75% average packageINR 13.18 LPA
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Q:   What is the placement package of NIA Pune?

A: 

The highest package offered to the PGDM batch 2022-24 was INR 22 LPA. Further, the average package and median package stood at INR 12.30 LPA and INR 11.70 LPA, respectively. The table below represents NIA Pune placement package for 2024:

ParticularsPlacement Statistics (2024)
Highest packageINR 22 LPA
Average packageINR 12.30 LPA
Median packageINR 11.70 LPA
Top 10% average packageINR 16.05 LPA
Top 50% average packageINR 14.10 LPA
Top 75% average packageINR 13.18 LPA
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Q:   Who were the top recruiters during NIA Pune placements?

A: 

The list of recruiters that participated during NIA Pune placements 2024 for recruiting the PGDM batch is mentioned below:

NIA Pune Placements 2024: Top Recruiters
TATA AIAIffco-TokioKotak General Insurance
Mahindra Insurance BrokersSBI General Insurance CompanyTATA AIG
HDFC ErgoBajaj Allianz General Insurance CompanyIndia First Life Insurance
Go Digit General Insurance Ltd.Marsh India Insurance Brokers Pvt. Ltd.Aon
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Q:   Which sector involves the largest share of NIA Pune alumni?

A: 

According to unofficial sources, a large share of National Insurance Academy Pune alumni work in the Finance sector with a 19% share. The other top sectors that involve the majority of alumni are Business Development and Sales. The detailed sector-wise distribution of alumni is presented in the table below:

SectorPercentage of Alumni
Finance19%
Business Development16%
Sales15%
Education13%
Operations10%
Research10%
Others17%

NOTE: The sectors involved in the 'Others' category are Customer Success and Support, Consulting, and Administrative.

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National Insurance Academy Pune

Student Forum

chatAnything you would want to ask experts?
Write here...

What is the average package for PG Diploma students at National Insurance Academy- NIA?

Answered 8 months ago

For the 2023 placement drive, it was observed that the average package for PG Diploma students at National Insurance Academy (NIA) in Pune is INR 12.50 LPA. This is the same as if it refers to the mean remuneration given to Post Graduate Diploma in Management (PGDM) learners of NIA. Furthermore, dur

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Y

YERUKALA KARTHIK

Contributor-Level 6

How are MBA placements at National Insurance Academy- NIA?

Answered 8 months ago

For the past 30 years, one hundred percent of National Insurance Academy (NIA) MBA placements have been successful. NIA maintains strong connections to the insurance industry, which mean that its students get access to good jobs on graduation. Some recruiters from other sectors at NIA are insurance

...more

Y

YERUKALA KARTHIK

Contributor-Level 6

What is the average package offered during NIA Pune placements?

Answered a year ago

The overall average package for the PGDM batch passing out in 2023 was INR 12.50 LPA. Further, the average package for the top 10% of the offers was INR 18 LPA. Tabulated below is the National Insurance Academy Pune average package:

ParticularsPlacement Statistics (2023)
Average packageINR 12.50 LPA
Top 10% average packageINR 18 LPA
Top 50% average packageINR 14.94 LPA
Top 75% average packageINR 13.86 LPA

A

Aarushi Kalra

Contributor-Level 10

How many students were placed during NIA Pune placements?

Answered a year ago

During 2023 PGDM placements, 98 students were placed successfully. In 2022 the number of students placed was 91. Looking at the past three years' data (2021 to 2023), a fluctuating trend was recorded in the number of students placed. The National Insurance Academy Pune placement trend in terms of n

...more

A

Aarushi Kalra

Contributor-Level 10

How good is NIA for marketing? What about the marketing placement?

Answered 6 years ago

NIA does offer very good marketing prospects to the students but they are mostly restricted to the insurance industry. Many broking companies like Marsh, Global Brokers, Howden Brokers, Edelweiss Brokers, Aditya Birla Brokers, Mahindra Brokers, Alliance Brokers, etc. come to the campus to recruit st

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S

Shambhavi Srivatsav

Beginner-Level 5

Content authored by:

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Aarushi Kalra

Updated on Oct 11, 2024

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National Insurance Academy Pune
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National Insurance Academy
25,Baner Road, NIA P.O
Pune ( Maharashtra)

Phone
02027204444

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02027204000

(For admission query)

Email
contactus@niapune.org.in

(For general query)

admissions@niapune.org.in

(For admission query)

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