Job Title
Assistant Manager (Scale-I)
Job Positions Available
110 Positions across various disciplines:
| Discipline | Number of Vacancies |
|---|---|
| General | 18 |
| Legal | 9 |
| HR | 6 |
| Engineering | 5 |
| IT | 22 |
| Actuary | 10 |
| Insurance | 20 |
| Medical (MBBS) | 2 |
| Finance | 18 |
About GIC Re
The General Insurance Corporation of India (GIC Re) is a Government of India undertaking and the 10th largest reinsurer globally. With a vast network in India and abroad, GIC Re provides world-class reinsurance solutions and fosters a dynamic career environment for professionals.
Key Details
1. Qualifications
| Discipline | Minimum Educational Qualification | Desirable |
|---|---|---|
| General | Graduation with 60% marks (General/OBC); 55% (SC/ST). | MBA/Post-Graduation preferred. |
| Legal | LLB with 60% (General/OBC); 55% (SC/ST). | LLM or relevant legal experience. |
| HR | Graduation and Post-graduation in HRM/Personnel Management. | — |
| Engineering | B.E./B.Tech in relevant field with 60%/55%. | M.E./M.Tech and experience in field. |
| IT | Bachelor’s in IT/related fields; Certifications in Cybersecurity. | Hands-on IT experience in public sector. |
| Actuary | Graduation and passing 7 actuarial papers. | — |
| Insurance | Graduation and Post-graduate Diploma in Insurance/Risk Management. | — |
| Medical (MBBS) | MBBS with completed internship. | — |
| Finance | B.Com with 60%/55%. | CA/CFA/MBA Finance/M.Com preferred. |
2. Salary and Benefits
- Basic Pay: ₹50,925 per month.
- Total Emoluments: Approx. ₹85,000 per month.
- Additional Benefits:
- Dearness Allowance (DA), HRA, and CCA.
- Medical Benefits, Internet Allowance, and Leave Travel Subsidy.
- Subsidized loans for housing, vehicles, and computers.
- Interest-free festival advances.
3. Important Dates
| Event | Date |
|---|---|
| Online Application Opens | 04-Dec-2024 |
| Last Date to Apply | 19-Dec-2024 |
| Online Exam Date | 05-Jan-2025 |
| Call Letter Download Starts | 7 days before the exam |
4. Application Fee
| Category | Fee |
|---|---|
| General/OBC | ₹1,000 + GST |
| SC/ST, PWD, Female, GIC Employees | Exempted |
Application Process
Step 1: Visit the Website Link Given Below.
Step 2: Register and upload required documents, including a recent photograph and signature.
Step 3: Pay the application fee online.
Step 4: Submit the application form and save a printout for reference.
Note: Only online applications are accepted.
Selection Process
For Non-Medical Streams:
- Online Test (150 marks):
- Reasoning, English, Numerical Ability, and Stream-Specific Topics.
- Group Discussion (GD): 20 marks.
- Interview: 30 marks.
For Medical Stream:
Selection is based on a two-level interview process.
Probation and Service Bond
- Probation Period: 1 year (extendable by another year).
- Service Bond: Selected candidates must serve a minimum of 4 years, failing which they are liable to pay damages equivalent to one year’s gross salary.
Exam Centers
Exams will be conducted in cities like Mumbai, Delhi, Bengaluru, Chennai, Hyderabad, and more. Candidates can choose their preferred center during registration.
FAQs
- Can I apply for multiple streams?
No, you can apply for only one stream. - What is the age limit?
21–30 years as of 01-Nov-2024, with relaxations for reserved categories. - Is the job transferable?
Yes, postings can be across India or abroad. - What is the structure of the online test?
It includes reasoning, language skills, general awareness, and stream-specific sections. - Are there any application fee exemptions?
Yes, for SC/ST, PWD, female candidates, and GIC employees. - What if I fail the probation exam?
Services may be terminated if the exam is not cleared within the probation period. - Where will the initial posting be?
Initial posting will be in Mumbai. - Can SC/ST candidates avail pre-exam training?
Yes, online pre-recruitment training is available. - Are there career growth opportunities?
Yes, GIC Re offers global training and professional development. - How do I contact GIC Re for queries?
Visit the GIC Re website for detailed instructions and updates.
Important Links:
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