GIC Assistant Manager Scale I Recruitment 2024

GIC Assistant Manager Scale I Recruitment 2024

The General Insurance Corporation of India (GIC) invites applications for 110 Assistant Manager (Scale I) positions across various disciplines, offering competitive salaries and global career opportunities. Join a leading reinsurance company and grow in a dynamic, challenging environment.

Overview:

Vacancies:

Applications are invited for a total of 110 posts under the following categories:

1. General: 18
2. Legal: 9
3. Human Resources (HR): 6
4. Engineering (Marine, Aeronautical, Mechanical, Civil, Electrical): 5
5. Information Technology (IT): 22
6. Actuary: 10
7. Insurance: 20
8. Medical (MBBS): 2
9. Finance: 18

(Vacancies are subject to change based on administrative requirements.)

Salary & Benefits:

• Pay Scale: ₹50,925 – ₹96,765
• Approx. Monthly Emoluments: ₹85,000 (inclusive of allowances such as DA, HRA, and CCA)
• Additional Benefits:
  • New Pension Scheme (NPS)
  • Leave Travel Subsidy (LTS)
  • Medical benefits
  • Housing/Vehicle/Computer loans at subsidized rates
  • Festival advances and more.

Eligibility Criteria:

Age (as of November 1, 2024):

• Minimum: 21 years
• Maximum: 30 years(Age relaxations apply for SC/ST/OBC/PwD/Ex-Servicemen, as per government rules.)

Educational Qualifications (as of November 1, 2024):

• General: Graduation with 60% (General/OBC) or 55% (SC/ST). Post-graduation/MBA preferred.
• Legal: Bachelor’s degree in Law with 60% (General/OBC) or 55% (SC/ST). LLM/Experience in Civil/Cyber law preferred.
• HR: Graduate with 60% (General/OBC) or 55% (SC/ST) and a Postgraduate degree in HRM/Personnel Management.
• Engineering: BE/BTech in relevant streams with 60% (General/OBC) or 55% (SC/ST). ME/MTech/MS preferred.
• IT: BE/BTech or Graduate + MCA with 60% (General/OBC) or 55% (SC/ST). Relevant certifications preferred.
• Actuary: Graduation with 60% (General/OBC) or 55% (SC/ST). Minimum 7 actuarial papers passed (CS2 compulsory).
• Insurance: Graduation with 60% (General/OBC) or 55% (SC/ST) + Postgraduate diploma in Insurance/Risk Management.
• Medical (MBBS): MBBS degree with 60% (General/OBC) or 55% (SC/ST).
• Finance: B.Com. with 60% (General/OBC) or 55% (SC/ST). MBA Finance/CFA/CA/CMA preferred.

Selection Process:

1. Online Examination:
   • General Stream: 150 marks
     • Higher Order Reasoning, English Language, General Awareness, Numerical Ability, Descriptive Test.
   • Specialist Stream: Includes Technical/Professional Knowledge.
   • Minimum Qualifying Marks: 60% (General/OBC), 50% (SC/ST).
2. Group Discussion (GD): 20 marks.
3. Interview: 30 marks.

(Medical stream candidates will undergo two-level interviews, with no written test.)

4. Medical Examination: Mandatory before final selection.

Application Fee:

• General/OBC: ₹1,000 + 18% GST
• SC/ST/PwD/Employees of GIC: Exempt
  (Payment to be made online only.)

How to Apply:

1. Visit GIC’s Recruitment Portal.
2. Complete the online registration process from December 4, 2024, to December 19, 2024.
3. Upload necessary documents:
   • Passport-sized photograph
   • Signature
   • Left thumb impression
   • Handwritten declaration: “I, [Name], hereby declare that all the information submitted by me is correct, true, and valid.”
4. Pay the application fee online.

General Instructions:

• Applicants can apply for only one stream.
• Admit cards and updates will be communicated via email and SMS.
• No TA/DA will be provided for appearing in exams.

Important Dates:

Important Links: