GIC Re, General Insurance Corporation of India, Reinsurer, has very recently released the GIC Recruitment Notification 2021 for the posts of Scale 1 Officers (Assistant Managers) with a total of 44 vacancies. GIC Re is an Indian Reinsurer with a global footprint, is the 11th largest Reinsurance company in the World with a wide network in India & abroad. It is looking for brilliant candidates both Graduates and Post Graduates, with a great academic record to fill in the positions of 44 Scale 1 officers (Assistant Managers) in its offices in India & abroad. Interested and eligible candidates can register for the same using the link given in the blog.
Download the detailed Advertisement PDF
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1. GIC Recruitment Notification 2021 – Important Dates
These are the important dates for the GIC 2021 recruitment of Assistant Managers (Scale 1) officers.
Events |
Important Dates |
Online Registration commences from | 11.03.2021 |
Last Date for Online Registration | 29.03.2021 |
Payment of Application fees | From 11.03.2021 to 29.03.2021 |
Date of online Examination | 29th August 2021 |
Downloading of call letters for examination commences from | Around 10 days prior to the date of examination |
Online Pre-recruitment training for SC/ST/OBC/PWD candidates | 26.04.2021 to 29.04.2021 |
2. GIC Recruitment Notification 2021 – No. of Vacancies
Vacancies (including backlog/shortfall vacancies):- As of now, a total of 44 vacancies have been announced for the GIC Assistant Manager Recruitment exam.
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3. GIC Notification 2021 – Eligibility Criteria
Educational Qualification:
STREAM/ DISCIPLINE | NO. OF VACANCIES | MINIMUM EDUCATIONAL QUALIFICATIONS REQUIRED |
---|---|---|
FINANCE- CHARTERED ACCOUNTANTS | 15 | Graduation in any discipline with minimum 60% marks for General & OBC candidates (55% for SC/ST candidates) and candidates should have passed the Final examination of Institute of Chartered Accountants of India. Candidates should provide their membership number and the same will be verified with Institute of Chartered Accountants of India. |
GENERAL | 15 | Graduation in any discipline with minimum 60% marks for General & OBC candidates (55% for SC/ST candidates). |
LEGAL | 4 | Bachelor’s Degree in Law recognized by Bar council of India for the purpose of enrolment as an Advocate with a minimum of 60% marks for General & OBC candidates (55% for SC/ST candidates). |
INSURANCE | 10 | Graduation in any discipline with minimum 60% marks for General & OBC candidates (55% for SC/ST candidates) and candidates should possess Post Graduate Degree/Diploma in General Insurance/ Risk Management/ Life Insurance/ FIII/ FCII. |
TOTAL | 44 |
Age Limit:
Minimum Age – 21 Years
Maximum Age – 30 Years
(Relaxation is as per Government Guidelines)
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4. GIC Notification 2021 – Selection Procedure/Exam Pattern
Candidates would be selected based on the performance in Written test followed by Group Discussion & Interview. The total marks in the Written Test, Group Discussion & Interview shall be 200
The scheme of online written examination is as follows:
Part A (Objective Test) Exam Pattern for Specialist Streams
Name of Subject | Max. Marks | Number of Questions | Time |
Technical & Professional Knowledge Test in the relevant discipline | 40 | 40 | 30 Minutes |
Part B (Objective Test) Exam Pattern for Specialist Streams (60 minutes)
Name of Subject | Max. Marks | Number of Questions |
Test of Reasoning | 20 | 20 |
Test of English Language | 25 | 25 |
Test of General Awareness | 20 | 20 |
Test of Numerical Ability & Computer Literacy | 15 | 15 |
Part C (Descriptive Test) Exam Pattern for Specialist Streams
Name of Subject | Max. Marks | Number of Questions | Time |
Test in English Language – Essay, precise and Comprehension | 30 | 3 | 60 Minutes |
Total (Part A + B + C) | 150 | 123 | 150 Minutes |
Part A (Objective Test) Exam Pattern for General Streams
Name of Subject | Max. Marks | Number of Questions | Time |
Higher Order Reasoning Ability/Critical Thinking | 40 | 40 | 30 Minutes |
Part B (Objective Test) Exam Pattern for General Streams (60 Minutes)
Name of Subject | Max. Marks | Number of Questions |
Test of Reasoning | 20 | 20 |
Test of English Language | 25 | 25 |
Test of General Awareness | 20 | 20 |
Test of Numerical Ability & Computer Literacy | 15 | 15 |
Part C (Descriptive Test) Exam Pattern for General Streams
Name of Subject | Max. Marks | Number of Questions | Time |
Test in English Language – Essay, precise and Comprehension | 30 | 3 | 60 Minutes |
Total (Part A + B + C) | 150 | 123 | 150 Minutes |
Candidates who clear the Online Test will be called for Interview & Group Dicussion Phase of Selection.
- Minimum qualifying marks in the online test – 60% for General & OBC and 50% for SC /ST.
- Minimum qualifying marks for the overall selection process (online test, GD and Interview) – 60% for General & OBC and 50% for SC /ST.
- There will be a negative marking of 0.25 marks allotted to the question in Objective Papers. Tests will be bilingual i.e. English and Hindi except test of English Language other than Hindi Officer.
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Interview
Candidates who have been shortlisted in the online examination will subsequently be called for group discussion and Interview to be conducted by the Corporation.
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5. GIC Notification 2021 – Salary & Compensation
The Basic Pay for the GIC 2021 Scale 1 Officers or Assistant Managers would be Rs 32, 795/- per month, in addition to other allowances and benefits. The total gross salary will be approximately Rs. 59,000 Rs per month.
6. GIC Notification 2021 – Apply Online
7. GIC Notification 2021 – Detailed Syllabus
Check the Syllabus for Part A of the Exam that is the Technical Syllabus. The below syllabus is as per the 2019 notification. The syllabus will be updated here once the official notification is out.
So, this was all from us in this blog of GIC Recruitment Notification 2021 for GIC 2021 Recruitment of Scale 1 Officers (Assistant Managers). Exam Dates, Detailed Exam Pattern and Syllabus of the Exam are updated here. Stay tuned to Oliveboard for more.
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