GIC Recruitment 2024: Vacancy Open For Assistant Manager Post, Notification Out For 110 Vacancies

General Insurance Corporation of India is recruiting applicants for the post of Assistant Manager  (Scale 1 Officer) in various streams.

GIC Recruitment 2024 for Assistant Manager  (Scale 1 Officer)

Shubhra Goswamy | Dec 11, 2024 |

GIC Recruitment 2024: Vacancy Open For Assistant Manager Post, Notification Out For 110 Vacancies

GIC Recruitment 2024: Vacancy Open For Assistant Manager Post, Notification Out For 110 Vacancies

GIC Recruitment 2024: General Insurance Corporation of India (GIC) is hiring candidates to fill out application forms for the post of Assistant Manager  (Scale 1 Officer) in various streams. These streams include General, Legal, HR, Engineering, IT, and Finance, etc. Candidates who are chosen and deemed medically fit will be placed on probation as assistant managers for a year, with the possibility of an additional one-year extension. Selection of candidates will be based on their performance in the online test, group discussion, interview, and medical examination (with the exception of medical (MBBS)). Chosen candidates will get a Basic pay of Rs.50925 per month.The total emoluments will be approximately Rs. 85,000 p.m. plus other benefits.

As stated in the official GIC Recruitment 2024 notification, There are 110 vacancies. Candidates need to pay a Non-refundable Fee of Rs.1000 as Processing and Examination fees and candidates belonging to the SC/ST category, PH candidates, Female candidates, and the employees of GIC and GIPSA Member Companies are exempted from the fees. The chosen candidate will be assigned to the Head Office in Mumbai, but they may also be assigned elsewhere in India or overseas based on the needs of the company. The Age limit for the assigned position should be between 21 to 30 years. Following the official announcement of GIC Recruitment 2024, Eligible and Willing applicants should fill out the online application by visiting the official website and submitting their duly filled Online Application form on or before the last date.

Table of Content
  1. Post Name and Vacancies for GIC Recruitment 2024:
  2. Place of Posting for GIC Recruitment 2024:
  3. Processing and Examination Fee for GIC Recruitment 2024:
  4. Qualification for GIC Recruitment 2024:
  5. Age Limit for GIC Recruitment 2024:
  6. Probation for GIC Recruitment 2024:
  7. Salary for GIC Recruitment 2024:
  8. Selection Process for GIC Recruitment 2024:
  9. Important Date for GIC Recruitment 2024:
  10. How to Apply for GIC Recruitment 2024:
  11. GIC Recruitment 2024: FAQs

Post Name and Vacancies for GIC Recruitment 2024:

General Insurance Corporation of India (GIC) seeks graduates and postgraduates for Assistant Manager (Scale I) positions. The GIC Recruitment 2024 official notification lists 110 open positions.

Stream DisciplineVacancies
General18
Legal9
HR6
Engineering5
IT22
Actuary10
Insurance20
Medical (MBBS)2
Finance18
Total110

Total Vacancies for Other than Medical Stream (108 vacancies)(including shortfall vacancies):

GeneralSCSTOBCEWSPWD* (HI/VI/OC/ID/MD)Total
4315103465(4 HI and 1 MD)108

Backlog vacancies detailed as under have been included in the above-mentioned total vacancies:

SCSTOBCEWSPWD (HI/VI/OC/ID/MD)Total
Backlog55163 (HI)26

Total Vacancies for Medical Stream (2 vacancies ) WTHOUT WRITTEN EXAMINATION.

GeneralSCSTOBCEWSPWD* (HI/VI/OC/ID/MD)Total
111(MD)2

Place of Posting for GIC Recruitment 2024:

As stated in the official GIC Recruitment 2024 notification, the selected applicant will be allocated to the Mumbai Head Office and, depending on the needs of the Corporation, may be assigned to any location in India or abroad.

Processing and Examination Fee for GIC Recruitment 2024:

Based on the official notification GIC  Recruitment 2024, candidates need to pay a Non-refundable Fee of Rs.1000 as Processing and Examination fees and candidates belonging to the SC/ST category, PH candidates, Female candidates, and the employees of GIC and GIPSA Member Companies are exempted from the fees.

Qualification for GIC Recruitment 2024:

General

  • Candidates should have a Graduation in any discipline with minimum 60% marks for General and OBC candidates and minimum 55% for SC/ST candidates.

Desirable

  • Applicant must have Post Graduation/MBA

Legal

  • Candidates should have a 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 and OBC candidates and a minimum of 55% for SC/ST candidates.

Desirable

  • Applicant must have LLM/Experience/Civil/Cyber

HR

  • Candidates must have a Graduate in any discipline with a minimum 60% marks for General and OBC candidates and a minimum of 55% marks for SC/ST candidates.
  • Applicant should have a post-graduation in HRM / Personnel Management.

Finance

  • Candidates must have a B.Com. with 60% marks for General and OBC candidates and minimum 55% for SC/ST candidates from a recognized University.

Desirable

  • Aspirants must have a MBA Finance / CFA / CA / CMA / M.Com.

Click the press release below to learn more about the requirements for individuals applying to GIC Recruitment 2024.

Age Limit for GIC Recruitment 2024:

The age restriction for the designated role is listed below, in accordance with the official GIC Recruitment 2024 notification.

  • The minimum age limit for the assigned position is 21 years.
  • The maximum age limit for the assigned position is 30 years.

Probation for GIC Recruitment 2024:

According to the official notification of GIC Recruitment 2024, chosen applicants who are deemed medically fit will be placed on probation as assistant managers for a year, with the possibility of an additional one-year extension.

Salary for GIC Recruitment 2024:

Referring to the official notification of GIC Recruitment 2024,  applicant will get a Basic Pay Rs.50925 per month in the scale of Rs.50925 -2500(14) – 85925 -2710(4) -96765 and other admissible allowances like DA, HRA, CCA, etc. The total emoluments will be approximately Rs. 85000 per month plus other benefits.

Selection Process for GIC Recruitment 2024:

Candidates will be selected (for all fields except medical (MBBS)) based on their performance in the online test, group discussion, interview, and medical examination, according to the official GIC Recruitment 2024 notification. A total of 200 points will be given for the interview, group discussion, and online exam.

Important Date for GIC Recruitment 2024:

The Important Date for GIC Recruitment 2024 are mentioned below.

EventsDate
Online Registration commences from04.12.2024
Last Date for Online Registration19.12.2024
Payment of Application fees As applicableAs applicable
Tentative Date of Online Examination05.01.2025
Downloading of call letters for examination commences from7 days prior to the date of the examination
Online Pre-recruitment training for SC/ST/OBC /PWD candidatesDetails will be provided soon on the GIC Re website.

How to Apply for GIC Recruitment 2024:

The steps mentioned below can be used to apply for GIC Recruitment 2024:-

  • Visit the official website of GIC.
  • Candidates have to go to the Company’s website ‘Recruitment’ Section and click on the option ‘APPLY ONLINE’ which will open a new screen.
  • To register an application, choose the tab ‘CLICK HERE FOR NEW REGISTRATION’ and enter their Name, Contact details email ID, mobile no. etc.
  • Register and proceed with the application process.
  • Pay Application Fee
  • Upload the necessary documents and submit the form.
  • Download and keep a hard copy of the same saved for future reference.

The online application interface will be closed on 19.12.2024.

GIC Recruitment 2024: FAQs

The answers to the commonly asked questions (FAQs) about the GIC Recruitment 2024 are provided here.

1. What is the place of work for GIC Recruitment 2024?
Candidates will 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.

2. What will be the salary package of candidates for GIC on Recruitment 2024?
The selected candidate will Basic pay of Rs.50925 per month.

3. What is the last date to apply for GIC Recruitment 2024?
The last date to apply for the mentioned post is 19.12.2024

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