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GENERAL INSURANCE COMPANIES ASSISTANT MANAGER SCALE I OFFICERS Exam Details 

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GIC SCALE I OFFICERS Admit Card 2019 Released
Commencement of Call letter Download : 26/09/2019
Closure of Call letter Download : 05/10/2019
 
CLICK HERE to Download GIC SCALE I OFFICERS Admit Card 2019

GIC Re, the ‘National Reinsurer of India’ with a global footprint, is a 5 billion USD Dollar Reinsurer and 10th largest Reinsurance Company in the world with the network in India and abroad, is looking for Young, Energetic Graduates / Post Graduates with Brilliant Academic record in the disciplines mentioned below to fill-in the positions of 25 Officers in the cadre of Assistant Manager (Scale-I) to be based in its offices in India and abroad (primarily to be posted in Head Office, Mumbai) and will be liable to be posted anywhere in India as well as abroad as per the requirement of the Corporation. 




Applications are invited from Indian Citizens for recruitment of 25 Officers in the cadre of Assistant Manager (Scale I) from the open market.

Date of Online Examination (Tentative): 05/10/2019 (SUNDAY)

Start date for Online Registration : 21/08/2019

Last date for Online Registration of Application : 11/09/2019 

Payment of Application Fee: 21st August 2019 to 11th September 2019 (both date inclusive)  

For Recent Notification regarding Date of Exam CLICK HERE    

TOTAL NO. OF VACANCIES : 25

General EWS SC ST OBC PWD TOTAL
11 2 3 2 2 1 25

 

Number of vacancies and number of reserved vacancies may increase or decrease, depending upon the actual vacancies at the time of final selection and availability of successful candidates.

THE CANDIDATE CAN APPLY ONLY FOR ONE STREAM OF HIS /HER CHOICE.

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ELIGIBILITY CRITERIA :

A) Educational Qualification (as on 21/08/2019)

 

STREAM / DISCIPLINE NO. OF VACANCIES QUALIFICATION REQUIRED Desirable Additional Qualification
FINANCE /ACCOUNTS 9 Candidate must possess B.Com Degree from a recognised University with at least 60% marks in the degree  examination for General & OBC category candidates and at least  55% marks for SC/ST category candidates OR any equivalent    qualification recognised as such by Central Government with the  prescribed benchmark. Chartered Accountant(CA) / Cost Accountant(ICWAI) / MCom
INFORMATION TECHNOLOGY (Software) 2 B.E. / B. Tech. in IT OR Computer Science OR MCA with at least 60% marks for General and  OBC category candidates and at least 55% marks for SC/ST category candidates OR any    equivalent qualification recognised as such by Central Government with the prescribed benchmark.  
LEGAL 6 Candidate must possess LLB/BL Degree from a recognised University with at least 60% marks in the degree examination for General & OBC category candidates and atleast 55% marks  for SC/ST category candidates OR any equivalent qualification recognised as such by  Central Government with the prescribed benchmark  LLM / Experience
AUTOMOBILE ENGINEERING 1 Candidate must possess BE/B TECH Degree in Automobile Engineering from a recognised University with at least 60% marks in the degree examination for General & OBC category candidates and at least 55% marks for SC/ST category candidates OR any equivalent qualification recognised as such by Central Government with the prescribed benchmark.  
CIVIL ENGINEERING 1 Candidate must possess BE/B TECH Degree in Civil Engineering from a recognised University with at least 60% marks in the degree examination for General & OBC category candidates and at least 55% marks for SC/ST category candidates OR any equivalent qualification recognised as such by Central Government with the prescribed benchmark.  
AERONAUTICAL ENGINEERING 2 Candidate must possess BE/B TECH Degree in Aeronautical Engineering from a recognised University with at least 60% marks in the degree examination for General & OBC category candidates and at least 55% marks for SC/ST category candidates OR any equivalent qualification recognised as such by Central Government with the prescribed benchmark.  
MARINE ENGINEERING 1 Candidate must possess BE/B TECH Degree in Marine Engineering from a recognised University with at least 60% marks in the degree examination for General & OBC category candidates and at least 55% marks for SC/ST category candidates OR any equivalent qualification recognised as such by Central Government with the prescribed benchmark.  
COMPANY SECRETARY 2 ACS/FCS from ICSI and Graduation from a recognised university with atleast 60% marks in case General & OBC category candidates and atleast 55% marks for SC/ST candidates OR any equivalent qualification recognised as such by Central Government with the prescribed benchmark.  
HINDI 1 Post Graduate in Hindi with English as one of the subjects in Graduation OR Post Graduate in English with Hindi as one of the subjects in Graduation with atleast 60% marks in the degree examination for General & OBC candidates and atleast 55% marks for SC/ST candidates OR any equivalent qualification recognised as such by Central Government with the prescribed benchmark. Certification in Translation work or work experience in translation
TOTAL 25    



 

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B) Age – (As on 21/08/2019)

Minimum Age : 21 years ;

Maximum Age: 30 years (as on 21/08/2019).

Candidate should have been born not earlier than 22/08/1989 and not later than 21/08/1998 both days inclusive.

C) Nationality : A candidate applying for above vacancies in the Corporation must be either : (a) a citizen of India or (b) a subject of Nepal, or (c) a subject of Bhutan, or (d) a Tibetan refugee who came over to India before 1st January, 1962 with the intention of permanently settling in India , or (e) a person of Indian origin who has migrated from Pakistan, Burma, Sri Lanka, East African countries of Kenya, Uganda, the United Republic of Tanzania, Zambia, Malawi, Zaire, Ethiopia and Vietnam with the intention of permanently settling in India.

Provided that a candidate belonging to categories (b), (c), (d) and (e) shall be a person in whose favour a certificate of eligibility has been issued by the Government of India.

Emoluments and Benefits:

Basic Pay Rs.32,795/- per month in the scale of Rs.32795 -1610(14) – 55335 -1745(4) - 62315 and other admissible allowances like DA, HRA, CCA, etc. The total emoluments will be about Rs.53400/-p.m. plus other benefits which are New Pension Scheme and Newspaper /Internet Allowance Leave Travel Subsidy, Medical Benefits, Personal Accident cover, housing and vehicle loans with subsidized interests, and interest free advances for festival, natural calamities and any other benefits as per rules and on confirmation of service in the Corporation. The officers are also entitled for Corporation’s / leased accommodation as per norms. (Presently Corporation owned accommodations are not available, whereas lease accommodation will be permitted as per norms). The present lease accommodation limits at Mumbai is Rs.20,000/- per month.

GIC Re provides excellent opportunity for career growth in the highly specialized area under which the Corporation is operating, through training and development interventions within the country as well as overseas. 

Probation :

Selected candidates if medically found fit, will be appointed as Assistant Manager on probation for a period of one year, which may be extended by a further period upto one year. The Corporation reserves the right to terminate service of a candidate if found unsuitable at any time during the probationary period or the extended probationary period without any notice or assigning any reason therefor. During the probationary period, candidates will be required to undergo theoretical and practical training, as may be arranged for them.

During the probation period, the Officers would be required to pass the non-life “Licentiate Examination” conducted by Insurance Institute of India. Only after passing the said examination, the officer will be eligible for confirmation of his services in the Corporation. Failure to pass the said Examination within the extended probation period will render the officer liable to be terminated from service on expiry of the period so specified.

SELECTION PROCEDURE : The selection for the post shall be on the basis of shortlisting of the candidates based on Online Test and performance in Group Discussion and interview.   
Competitive online examination will be held tentatively in the month of October 2019.

EXAM CENTRE FOR WRITTEN TEST :
The examination will be conducted online in venues to be given in the respective call letters.
No request for change of centre/venue/date/session for Examination shall be entertained.
 

HOW TO APPLY For GIC : Candidates have to apply through online registration system of GIC Re i.e. https://gicofindia.in
Online submission of the applications will be allowed on the website between 21/08/2019 to 11/09/2019
No other means/mode of application shall be accepted.

CLICK HERE To Apply Recruitment of GIC Scale I Officers

APPLICATION FEES For GIC  : The application form is integrated with the payment gateway.
The payment can be made by using Debit Cards (RuPay/Visa/MasterCard/Maestro), Credit Cards, Internet Banking, IMPS, Cash Cards/ Mobile Wallets.
Non refundable amount of Rs. 500/- (plus GST @ 18%) as Processing and Examination fees  has to be paid on line only.
Candidates belonging to SC/ST category and PH candidates and the employees of GIC and GIPSA Member Companies are exempted from the fees.
Demand Draft/Money Order/Postal Order or any other mode of payment is not acceptable.

For More Information : visit

https://www.gicofindia.com/images/pdf/RECRUITMENT-OF-SCALE-I-OFFICERS-2019---DETAILED-ADVERTISEMENT-.pdf

 

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Kindly Note : The information provided here is just indicative information and is provided on “as is” and “as available” basis . We make no claims on accuracy and reliability of the information. For correct/current information kindly contact concerned college/institution/authorities