GIC of India Recruitment of Scale I Officers 2015

GENERAL INSURANCE CORPORATION OF INDIA

(A wholly owned Government of India Company)

RECRUITMENT OF SCALE I OFFICERS

GIC Re, the ‘Indian Reinsurer’ and 15th largest Reinsurance Company in the world fully owned by Government of India 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 65 Officers in the cadre of Assistant Managers (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.

To know more about GIC Re, go through the details in the website www.gicofindia.in. 

Applications are invited from Indian Citizens for the following vacancies.

STREAM / DISCIPLINE
NO. OF VACANCIES

1. INSURANCE 28 Graduate PG in General Insurance/Life Insurance/AIII/FIII
2. HUMAN RESOURCE DEVEOPMENT 1 Graduate PG in HRM/Personal Management
3. GENERAL 11 Graduate PG in Management/ Maths
4. FINANCE /ACCOUNTS 6 B.Com CA Inter/M.Com/MBA
5. CHEMICAL ENGINEERING 1 BE / B.Tech / Chemical)
6. ELECTRICAL ENGINEERING 1 BE / B.Tech / Electrical)
7. MARINE ENGINEERING 1 BE / B.Tech / (Marine)
8. AERONAUTICAL ENGINEERING 1 BE / B.Tech / (Aeronautics)
9. INFORMATION TECHNOLOGY (Software) 3 B.E. / B. Tech. Engineer/MCA/IT/ Computer Science
10. LEGAL 3 LLB / B.L LLM/Experience
11. STATISTICS 4 Graduate PG in Statistics
12. MEDICAL 1 MBBS
13. COMPANY SECRETARY 1 Graduate CS/Inter CS
14. ACTUARY 1 Graduate with Maths/Statistics Passed minimum 4 papers of IAI/UK, 2 years working experience in Life/Health Insurance Industry
15. EXECUTIVE P.A. 2 Graduate (English) Stenography & MS Office certification

 Age Criteria : Age (As on 31.12.2014)

Minimum age : 21 years.
Maximum age : 30 years

 Compensation Package and Salary in GIC of India

Basic Pay Rs.17,240/- per month in the scale of Rs.17240-840(14)-29000-910-(4)-32640 and other admissible allowances like DA, HRA, CCA, etc. The total emoluments will be about Rs.38,500/-p.m. plus other benefits which are New Pension Scheme and Group Savings Linked Insurance Scheme (GSLI)., 

Newspaper /Internet Allowance Leave Travel Subsidy, Medical Benefits, Personal Accident cover, housing and vehicles 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.12,000/- per month.

 Selection Procedure in GIC Assistant Manager 2015

The selection for the above post shall be on the basis of shortlisting of the candidates based on Written Test and performance in Group Discussion and interview. The total marks for Written Test, Group Discussion and Interview will be 200.

Competitive written examination will be held at 04 centers in India viz. Mumbai, Chennai, Calcutta and Delhi tentatively on Sunday, 1st March, 2015

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