If you’re interested in a career in the insurance industry, the NIACL AO offers a good package. The in-hand salary, perks, and allowances are among the best in the industry. Thus, making it an attractive option for job seekers. A NIACL AO receives a monthly base salary of Rs. 32,795 and an in-hand salary of about Rs. 60,000. The NIACL ensures that its employees receive various benefits such as House Rent Allowances, Medical Benefits, Dearness Allowances, and more.