Salary structure of National Insurance Commission (NAICOM)
The National Insurance Commission (NAICOM) is the regulatory body for the insurance industry in Nigeria, responsible for ensuring that insurance companies comply with industry standards and regulations.
The commission also ensures that consumers are protected from fraudulent insurance activities by regulating and monitoring the activities of insurance companies.
As a government institution, the salary structure of NAICOM is based on the Consolidated Public Service Salary Structure (CONPSS), which is the same as the salary structure for other government agencies in Nigeria.
The salaries and allowances of staff of NAICOM are determined by the National Salaries, Incomes, and Wages Commission (NSIWC).
Below is the listing of the salary structure of National Insurance Commission (NAICOM) based on the Consolidated Public Service Salary Structure (CONPSS) for government agencies in Nigeria:
• Graduate trainee: N47,000 – N70,000
• Assistant Officer II: N54,000 – N80,000
• Assistant Officer I: N64,000 – N100,000
• Senior Officer: N100,000 – N150,000
• Principle Officer: N150,000 – N200,000
• Assistant Director: N200,000 – N350,000
• Deputy Director: N320,000 – N430,000
• Director: N450,000 – N700,000
How to Be a Part of The Institution
To be a part of the National Insurance Commission (NAICOM) as a staff, you would need to possess the right educational qualification and pass the recruitment process.
The recruitment process usually consists of an online application and assessment, aptitude test, and a panel interview.
The educational qualifications required for different positions in NAICOM includes a minimum of a Bachelor’s degree in any relevant field of study, such as Accounting, Economics, Business Administration, Mathematics, Statistics, Law, and others. Some positions may require a Master’s degree for higher-level positions.
FAQs
What is the minimum educational qualification required to work with National Insurance Commission (NAICOM)?
The minimum educational qualification required for different positions in NAICOM includes a minimum of a Bachelor’s degree in any relevant field of study.
What is the age limit for job applicants at the National Insurance Commission (NAICOM)?
The age limit for job applicants at the National Insurance Commission (NAICOM) is usually 35 years and below.
