The General Insurance Corporation of India (GIC) has officially announced its Assistant Manager Recruitment 2024, offering 110 coveted vacancies across various disciplines. As a prestigious state-owned reinsurance company, GIC provides an excellent career opportunity for individuals aspiring to work in the insurance and reinsurance sector.
This recruitment drive aims to attract skilled professionals to join the corporation as Assistant Managers (Scale I) in various fields, including finance, legal, IT, and general stream roles. If you are seeking a rewarding career with promising growth, this article covers everything you need to know about GIC’s recruitment process, eligibility criteria, application steps, and more.
Overview of GIC Recruitment 2024
The GIC Assistant Manager Recruitment 2024 is one of the most sought-after opportunities for individuals looking to build a stable and fulfilling career in the insurance sector. With attractive pay packages, benefits, and growth prospects, these positions offer candidates a chance to contribute to the development of India’s insurance landscape.
Important Dates
| Event | Date |
|---|---|
| Notification Release Date | December 1, 2024 |
| Online Application Start Date | December 5, 2024 |
| Last Date to Apply | December 26, 2024 |
| Admit Card Release Date | January 2025 |
| Online Examination Date | January 25, 2025 (Tentative) |
| Result Declaration | February 2025 |
Candidates are encouraged to apply early to avoid last-minute issues and to stay updated on official notifications regarding changes in dates.
GIC Assistant Manager Vacancies and Streams
The 110 vacancies are distributed across various disciplines to cater to the organization’s diverse requirements. Here’s a breakdown of the streams:
| Stream/Discipline | Number of Vacancies |
|---|---|
| General Stream | 50 |
| Finance/Accounts | 25 |
| Legal | 20 |
| IT | 15 |
Eligibility Criteria
Educational Qualifications
- General Stream: Graduate in any discipline with at least 60% marks (55% for SC/ST candidates).
- Finance/Accounts: Chartered Accountant (CA), ICWA, or MBA (Finance).
- Legal: LLB or equivalent degree from a recognized university with at least 60% marks (55% for SC/ST candidates).
- IT: BE/B.Tech in Computer Science/IT or MCA with 60% marks (55% for SC/ST candidates).
Age Limit
- Minimum Age: 21 years
- Maximum Age: 30 years (as of December 31, 2023)
- Age Relaxation:
- SC/ST: 5 years
- OBC: 3 years
- PwD: 10 years
Other Requirements
- Candidates must be Indian citizens.
- Proficiency in English and basic knowledge of computers is essential.
Application Process
Here’s a step-by-step guide to applying for GIC Assistant Manager Recruitment 2024:
- Visit the official website: Www.gicre.in.
- Click on the Recruitment Section: Navigate to the “Careers” or “Recruitment” section and select the Assistant Manager Recruitment 2024 link.
- Register Online: Register using your email ID and phone number to create a login ID.
- Fill Out the Application Form: Enter personal details, educational qualifications, and work experience (if applicable).
- Upload Documents: Upload scanned copies of your photograph, signature, and required certificates.
- Pay the Application Fee: General/OBC: INR 850
- SC/ST/PwD: Exempted
- Submit the Application: Review the details and submit the application. Save a copy of the acknowledgement for future reference.
Selection Process
The selection process for GIC Assistant Manager Recruitment consists of three stages:
1. Online Examination
- Mode: Computer-Based Test (CBT)
- Duration: 150 minutes
- Sections:
- Technical/Professional Knowledge (40 marks)
- Reasoning (20 marks)
- Quantitative Aptitude (20 marks)
- General Awareness (20 marks)
- English Language (20 marks)
2. Group Discussion (GD): Shortlisted candidates will participate in group discussions to evaluate communication and analytical skills.
3. Personal Interview: The final stage is a personal interview to assess the candidate’s suitability for the role.
Final Merit List: The final selection is based on the combined performance in the online exam, GD, and interview.
Salary and Benefits
The Assistant Manager (Scale I) position comes with an attractive pay scale and benefits:
- Basic Pay: INR 50,295 per month
- Gross Salary: Approximately INR 65,000–70,000 per month (including allowances).
- Additional Perks:
- Housing Allowance
- Medical Benefits
- Travel Allowance
- Performance-Based Incentives
GIC employees also enjoy long-term career growth opportunities and a dynamic work environment.
Exam Preparation Tips
- Understand the Syllabus:
- Focus on professional knowledge for your stream and general aptitude sections.
- Practice Mock Tests: Take regular mock tests to improve speed, accuracy, and time management.
- Stay Updated on Current Affairs: Read newspapers and follow credible online sources for financial and general awareness topics.
- Review Previous Papers: Analyze previous years’ question papers to understand the exam pattern.
- Improve Communication Skills: Develop your communication and interpersonal skills for the group discussion and interview rounds.
Conclusion
The GIC Assistant Manager Recruitment 2024 is a golden opportunity for aspiring professionals to secure a prestigious role in the insurance sector. With 110 vacancies across various streams, candidates must prepare diligently and adhere to the application deadlines.
For further updates, visit the official GIC website and ensure you meet the eligibility criteria before applying. Best of luck to all aspirants!
FAQs
Q1. When will the GIC Assistant Manager exam be conducted?
The tentative date for the online examination is January 25, 2024.
Q2. Is prior work experience mandatory for applying?
No, prior work experience is not mandatory for these positions.
Q3. Can final-year students apply for GIC recruitment?
Final-year students are not eligible unless they can provide proof of graduation before the application deadline.
Q4. What is the application fee for SC/ST candidates?
SC/ST candidates are exempted from paying the application fee.
Q5. Is the exam pattern the same for all streams?
No, the Technical/Professional Knowledge section varies according to the stream.