GIC Recruitment 2024: Check Post, Salary, Age, Qualification and Procedure to Apply

GIC is looking for interested and willing candidates for the Actuarial Apprentices (Life and Non-Life Business).

GIC Recruitment 2024 for Actuarial Apprentices (Life and Non-Life Business)

swastika suhal | Jun 25, 2024 |

GIC Recruitment 2024: Check Post, Salary, Age, Qualification and Procedure to Apply

GIC Recruitment 2024: Check Post, Salary, Age, Qualification and Procedure to Apply

GIC Recruitment 2024: General Insurance Corporation of India (GIC) is looking for interested and willing candidates for the Actuarial Apprentices (Life and Non-Life Business). In accordance with the official notification of GIC Recruitment 2024, there are 12 vacancies opened for the mentioned opportunity. The candidates applying for the position listed above should have a Graduation/ Post-Graduation in Science from a recognized University with Mathematics or Statistics as a main subject. The candidates selected for the position listed above will receive a monthly salary of Rs.30000 for the 1st year. The applicable candidates will be selected on the basis of an Interview/ Group Discussion conducted by the committee. The candidates shortlisted in the selection procedure listed above have to undergo the medical examination conducted by the committee.

According to the official notification of GIC Recruitment 2024, the period of the apprentice’s training will remain valid for an appropriate period of 02 years. The period of engagement may be extended further as per the requirements of the committee. The appointment will be on an absorption basis. As stated in the official notification of GIC Recruitment 2024, the candidates who meet the eligibility criteria as per the post’s requirements may apply online by submitting their applications through the email ID. The candidates need to attach all the relevant documents as asked by the committee. The candidates have to submit their applications on or before the last date of the submission.

Table of Content
  1. Post Name and Vacancies for GIC Recruitment 2024:
  2. Age Limit for GIC Recruitment 2024:
  3. Qualification Required for GIC Recruitment 2024:
  4. Salary for GIC Recruitment 2024:
  5. Tenure for GIC Recruitment 2024:
  6. Selection Procedure for GIC Recruitment 2024:
  7. How to Apply for GIC Recruitment 2024:
  8. FAQs for GIC Recruitment 2024:

Post Name and Vacancies for GIC Recruitment 2024:

The opportunity is opened for the post of Actuarial Apprentices (Life and Non-Life Business). There are 12 vacancies opened for the mentioned opportunity as per the official notification of GIC Recruitment 2024.

Age Limit for GIC Recruitment 2024:

The official notification of GIC Recruitment 2024 indicates that the minimum age limit for applying for the mentioned opportunity is 21 years and the maximum age limit is 27 years.

Qualification Required for GIC Recruitment 2024:

The candidates applying for GIC Recruitment 2024 need to fulfil the mentioned below requirements of the qualifications:

  • The applicants must have a Graduation/ Post-Graduation in Science from a recognized University with Mathematics or Statistics as a main subject.
  • The candidates must have a Graduation/ Post-Graduation in Commerce from a recognized University with Statistics/Actuarial Science as a main subject.
  • The applicants must have a Graduation degree in Arts with Actuarial Science as a major subject from a recognized University.
  • The candidates should have a Post-Graduate Diploma in Actuarial Science.
  • The applicants should have passed at least 02 actuarial subjects of the exam conducted by the Institute of Actuaries of India (IAI) or the Institute and Faculty of Actuaries (IFoA).

Salary for GIC Recruitment 2024:

The candidates selected for GIC Recruitment 2024 will be paid a monthly stipend of Rs.30000 for the first year and Rs.35000 per month for the 2nd year.

Tenure for GIC Recruitment 2024:

The duration of the apprentice’s training will remain in work for an appropriate period of at least 02 years. A further extension of 01 year shall be granted if the candidates pass 06 subjects by the end of 02 years of apprenticeship so as to complete a total of 07 subjects. Termination of the apprenticeship on failure to pass a total of 06 subjects within 02 years.

Selection Procedure for GIC Recruitment 2024:

The committee will organize an Interview/ Group Discussion in order to determine the eligibility of the candidates for GIC Recruitment 2024. The final selection will be totally based on the medical examination.

How to Apply for GIC Recruitment 2024:

Candidates who are interested and wish to apply for GIC Recruitment 2024 may apply online by filling out the application form available on the official website of GIC and submitting it to the email id ([email protected]). The candidates are required to attach all the supporting documents as asked by the committee along with their properly filled applications. The applications received after the stipulated date will not be accepted by the committee.

The last date to submit the applications is 8th July 2024

FAQs for GIC Recruitment 2024:

The mentioned below are some Frequently Asked Questions regarding GIC Recruitment 2024-

Q.1. How many vacancies are available for GIC Recruitment 2024?

  • Ans. There are 12 vacancies for GIC Recruitment 2024.

Q.2. What is the last date to submit the applications for GIC Recruitment 2024?

  • Ans. The last date to submit the applications is 8th July 2024.

Q.3. What is the age limit for GIC Recruitment 2024?

  • Ans. The age limit is 21 years to 27 years for GIC Recruitment 2024.

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