Recruitment of Scale I Officers – General Insurance Corporation of India (GIC Re)

General Insurance Corporation of India (GIC Re) announces a golden opportunity for aspiring candidates with the recruitment of 85 Officers in the cadre of Assistant Manager (Scale-I). Dive into the details of diverse vacancies across various disciplines, educational qualifications, essential dates, and the exciting prospect of a rewarding career. The application window opens from 23.12.2023 to 12.01.2024.

GIC Re, renowned as the ‘National Reinsurer of India,’ stands as the 16th largest reinsurance company globally. With an extensive network in India and abroad, GIC Re is set to fill 85 Officer positions in the cadre of Assistant Manager (Scale-I). This recruitment offers an excellent opportunity for graduates and postgraduates across multiple disciplines to join the prestigious company.

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Vacancy Details: Explore the array of vacancies in different streams/disciplines:

Stream/DisciplineNo. of Vacancies
Hindi1
General16
Statistics6
Economics2
Legal7
HR6
Engineering11
IT9
Actuary4
Insurance17
Medical (MBBS)2
Hydrologist1
Geophysicist1
Agriculture Science1
Nautical Science1

Eligibility Criteria: Each stream has specific educational qualifications required from a recognized university, along with desirable qualifications. For instance, the General stream requires graduation in any discipline with minimum 60% marks for General & OBC candidates and 55% for SC/ST candidates. On the other hand, the IT stream demands a B.E. in CSE/IT/ECE or equivalent with essential skills in programming languages.

Important Dates: Mark your calendars with the crucial dates:

  • Online Registration Commences: 23.12.2023
  • Last Date for Online Registration: 12.01.2024
  • Payment of Application Fees: 23.12.2023 – 12.01.2024
  • Tentative Date of Online Examination: February 2024 (Final date to be declared on the website)
  • Downloading of Call Letters: Around 10 days prior to the exam
  • Online Pre-recruitment Training for SC/ST/OBC/PWD: Dates will be intimated to eligible candidates

Application Process: Candidates should apply through the online mode only, and no other means/mode of application will be accepted. The application portal opens on 23.12.2023, and the last date for submission is 12.01.2024.

Reservation of Vacancies: Check the reservation details to understand the distribution of vacancies among different categories. The total number of vacancies, including shortfall vacancies, is 85.

CategoryVacancies
General35
SC12
ST6
OBC26
EWS6
PWD (HI/VI/OC/ID/MD)3

Backlog vacancies are included in the total vacancies, detailed for SC, ST, OBC, EWS, and PWD categories.

Age Criteria and Relaxations: As of 01.10.2023, the minimum age for candidates is 21 years, and the maximum age is 30 years. Various relaxations are applicable based on categories, such as 5 years for SC/ST, 3 years for OBC, and 10 years for Persons with Disabilities (PWD).

Note: In case of cumulative eligibility for multiple relaxations, the maximum age should not exceed 45 years.

Emoluments and Benefits: Selected candidates will enjoy a basic pay of Rs.50,925/- per month in the scale of Rs.50,925 – 2,500(14) – 85,925 – 2,710(4) – 96,765. Additional benefits include DA, HRA, CCA, etc., making the total emoluments approximately Rs. 85,000/- p.m. Other perks comprise the New Pension Scheme, Leave Travel Subsidy, Medical Benefits, Housing, Vehicle and Computer Loans, and more.

Service Conditions: The appointed officers will be governed by the terms and conditions applicable in GIC Re. Posts are permanent, and candidates may be posted in Mumbai initially, with the possibility of transfer anywhere in India or abroad.

Selection Procedure: The selection process involves shortlisting based on an online test, followed by Group Discussion, interview, and a medical examination. The total marks for the entire process are 200. The competitive online examination is tentatively scheduled for February 2024.

Choice of Centre for Written Test: Candidates can choose their examination centre from a list of cities across different states, including Andhra Pradesh, Karnataka, Maharashtra, Tamil Nadu, and others.

Conclusion: GIC Re’s recruitment drive for Scale I Officers presents a unique opportunity for individuals seeking a challenging and rewarding career in the insurance sector. Interested candidates are encouraged to visit the official website GIC Re for detailed information and apply online within the specified dates.

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