GIC Notification 2021 - Check Exam Dates, Eligibility, Exam Pattern, Salary

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

Click Here to 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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