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GENERAL INSURANCE COMPANIES ASSISTANT MANAGER SCALE I OFFICERS Exam Details

Kindly note that TestBag has now a dedicated microsite for GIC Officers Assistant Manager (Scale-I) exams. Please click on gic.testbag.com for one stop on everything about GIC Exam.

GIC Re, the ‘National Reinsurer of India’ with a global footprint, is a 5 billion USD Dollar Reinsurer and 12th 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): 22/07/2018 (SUNDAY)

Start date for Online Registration: 8.05.2018

Last date for Online Registration of Application : 29.05.2018 

Payment of Application Fee: 8th May 2018 to 29th May 2018 (both date inclusive)  

For Recent Notification regarding Date of Exam CLICK HERE

https://www.gicofindia.com/images/pdf/Recruitment_of_Scale_I_Officers-NOTICE_6-6-2018_new.pdf




TOTAL NO.OF VACANCIES: 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.

 Eligibility Criteria :

A) Educational Qualification (as on 08.05.2018)

General Stream : Candidate must possess the minimum qualification of a Graduate/Post Graduate in any discipline from a recognized University with atleast 60% marks in either of the degree examination for General & OBC candidates and atleast 55% marks for SC/ST candidates.

Hindi :  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 either of the degree examination for General & OBC candidates and atleast 55% marks for SC/ST candidates. Desirable Qualification :- Certification in Translation work or work experience in translation

 B) Age – (As on 08th May 2018)

Minimum Age: 21 years; Maximum Age: 30 years (as on 08.05.2018). Candidate should have been born not earlier than 09.05.1988 and not later than 08.05.1997 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.

Application Fees (Non-refundable):

Non refundable amount of Rs. 500/- (plus GST @ 18%) as Processing and Examination fees. (Rupees Five Hundred Only) has to be paid on line only as per instruction given in above website upon completion of registration and application. (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.

How to apply : 

Candidates should apply through On-Line mode only. No other means/mode of application will be accepted.

Candidates satisfying the eligibility conditions 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 09.05.2018 to 29.05.2018. No other means/mode of application shall be accepted.

Call Letters for Written Examination :

Candidates will have to download their call letters from 11th july along with information hand outs relating the examination  from our website http://gicofindia.in . Intimation for downloading call letter will also be sent through email/SMS. Once the candidate clicks the relevant link, he/she can access the window for call letter download. The candidate is required to use (i) Registration Number/Roll Number, (ii) Password/Date of Birth for downloading the call letter. Candidate needs to affix recent recognizable photograph on the call letter preferably the same as provided during registration and appear at the examination centre with (i) Call Letter (ii) Photo Identity Proof in original as stipulated earlier under Identity Verification and also specified in the call letter and iii) a photocopy of the same Photo Identity Proof as brought in original.

For More Information : https://www.gicofindia.com/images/pdf/RECRUITMENT_OF_SCALE_I_OFFICERS_2018_10-5-2018_new.pdf

https://www.gicofindia.com/en/career-en

 

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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