General Insurance Corporation of India (GIC) 2021 Career Job Notification. GIC has released official notification for the job openings of Scale I Officers vacancies. Check the eligibility and notification prior to apply for the positions.

Closing Date is on :- 29th March, 2021.


No. of Posts and Vacancies :- 


Scale I Officers - 44 Posts


Job Location - Mumbai


Other Qualification Details :-


GIC Re, the ‘National Reinsurer of India’ is a 11 th largest Reinsurance Company in the world with the network in India and abroad, is looking for Graduates / Post Graduates in the disciplines mentioned below to fill-in the positions of 44 Officers in the cadre of Assistant Manager (Scale-I) 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.


GIC Re being B2B Company having its Head Office in Mumbai and liaison offices at Delhi, Chennai and GIFT CITY, Gandhi Nagar. Candidates desirous of making a career in Mumbai may only apply.


1. Post Name: Scale I Officers


2. Stream/ Discipline: Finance Charterered Accountants

i. No of Post: 15

ii. Minimum Educational Qualifications Required: 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


3. Stream/ Discipline: General

i. No of Post: 15

ii. Minimum Educational Qualifications Required: Graduation in any discipline with minimum 60% marks for General & OBC candidates (55% for SC/ST candidates).


4. Stream/ Discipline: Legal

i. No of Post: 04

ii. Minimum Educational Qualifications Required: 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).


5. Stream/ Discipline: Insurance

i. No of Post: 10

ii. Minimum Educational Qualifications Required: 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.


6. No of Posts: 44


7. The Candidate Can Apply Only For One Stream Of His/her Choice. In case of multiple applications across or within discipline, only the last application submitted will be considered valid and fee against all other applications will be forfeited.


8. The candidate must possess the required qualification and additional qualification with the University / Institution Certificate as on 01.02.2021


9. The candidate applying for any stream must possess computer proficiency.


10. Number of vacancies and number of reserved vacancies may increase or decrease, depending upon the actual vacancies at the time of final selection and availability of successful candidates.


11. Emoluments and Benefits:


i. Basic Pay Rs.32,795/- per month in the scale of Rs.32795 -1610(14) – 55335 -1745(4) - 62315 and other admissible allowances like DA, HRA, CCA, etc. The total emoluments will be about Rs. 65,000/-p.m. plus other benefits which are New Pension Scheme and Newspaper /Internet Allowance, Leave Travel Subsidy, Medical Benefits, House Furnishing Allowance, Household Help Allowance, Sodexo, Personal Accident cover, housing, vehicle and computer 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.


ii. 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.30,000/- per month.


iii. GIC Re provides excellent opportunity for career growth in the highly specialized area under which the Corporation is operating, through training and development interventions within the country as well as overseas.


Age:-


Minimum age : 21 years. Maximum age : 30 years Candidate should have been born not earlier than 02.02.1991 and not later than 01.02.2000 both days inclusive


Application Fee :-


Non-refundable amount of Rs. 850/- (Rupees Eight Hundred Fifty Only) (plus GST @ 18%) as Processing and Examination fees has to be paid on line only as per instruction given in above website upon completion of registration and application. (Candidates belonging to SC/ST category, PH candidates, Female candidates and the employees of GIC and GIPSA Member Companies are exempted from the fees).


List of Documents to be produced at the time of interview (as applicable) :-


The following documents in original and self-attested photocopies in support of the candidate’s eligibility and identity are to be invariably submitted at the time of interview failing which the candidate may not be permitted to appear for the interview. Non submission of requisite documents by the candidate at the time of interview will debar his candidature from further participation in the recruitment process


i)Printout of the valid Interview Call Letter


ii) Valid system generated printout of the online application form registered. 


iii) Proof of Date of Birth (Birth Certificate issued by the Competent Municipal Authorities or SSLC/ Std. X Certificate with DOB) 


iv) Photo Identify Proof as indicated in Identity Verification of the advertisement


v) Mark-sheets & certificates for Std X, XII, Degree (Graduation/Post Graduation). Proper document from Board / University for having declared the result on or before 01.02.2021 has to be submitted. 


vi) Where CGPA / OGPA are awarded, the candidate will have to produce a certificate issued by the appropriate authority inter alia stating the norms of the University regarding conversion of grade into percentage and the percentage of marks scored by the candidate in terms of norms.


vii) Caste Certificate 


(a) Caste Certificate in respect of SC/ST/OBC candidates is to be obtained from the following Authorities:


I. District Magistrate / Additional District Magistrate / Collector/Deputy Commissioner / Deputy Collector/ First Class Stipendiary Magistrate/ Sub- Divisional Magistrate/ Taluka Magistrate/Executive Magistrate/Extra Assistant Commissioner (Not below the rank of First Class Stipendiary Magistrate).


II. Chief Presidency Magistrate/Additional Chief Presidency Magistrate/Presidency Magistrate.


III. Revenue Officer not below the rank of Tehsildar. 


IV. Sub-Divisional Officer of the area where the candidate and/or his family normally resides. 


V. In so far as the Scheduled Tribes community of Tamil Nadu is concerned, the Certificate given by the Revenue Divisional Officer instead of Tehsildar would only be accepted.


Selection Process :-


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


2. Competitive online examination will be held tentatively around the first week of May 2021.The candidate may choose any one of the following centres, which must be indicated in the Application Form clearly. Corporation also reserves the right to hold the written examination at some and not all the examination centres listed below depending upon the number of candidates and other relevant factors.


3. There will be penalty for wrong answers marked (in objective tests) by the candidates. For each wrong answer ¼ of the marks assigned to the question will be deducted from those obtained. Tests will be bilingual i.e. English and Hindi except test of English Language. The minimum qualifying marks would be applicable on the total score of online examination.


4. The Descriptive English Test will be conducted only through online mode. Questions will be displayed on the screen of your computer. Answers are to be typed using the keyboard in English. Before start of typing answers to questions in Descriptive Paper, please check all key functions of the keyboard.


5. Total test timing 150 minutes. 30 minutes for PART A- Objective, 60 minutes for Part B objective and 60 minutes for Part C (descriptive). Candidates will be shortlisted for Group Discussion and interview on the basis of overall marks scored in objective and descriptive section taken together against full marks of 150.


Interview :-


1. Candidates who have been shortlisted in the online examination will subsequently be called for group discussion and Interview to be conducted by the Corporation. GD and Interview will be conducted at selected centre. The centre, address of the venue, time & date of Interview will be informed to the shortlisted candidates in the call letter.


ii. Candidates are required to download their interview call letters from Corporation’s website. Please note that any request regarding change in date, centre etc. of interview will not be entertained.


2. However, the Corporation reserves the right to change the date/ venue/ time/ centre etc. of interview or hold supplementary process for particular date / session / venue / centre / set of candidates at its discretion, under unforeseen circumstances, if any. Selection would be based on the performance in the online test, group discussion and interview.


ii. The final merit list shall be prepared in descending order of the consolidated marks secured by the candidates. Candidates who fall within the number of vacancies in the merit list shall be considered for appointment.


3. he seniority of the selected candidates will be as per the merit/select list. A waiting List of candidates may also be prepared and may be utilized in the event of non-acceptance of employment offer by the candidates selected in the final merit list. However, the decision of offering appointment to the candidates from the waiting list is the discretion of the management.


4. The candidates are advised to satisfy themselves before they apply, that they fulfil requirement as to age and qualification and if found ineligible, their candidature will be cancelled at any stage of recruitment. Appearing in the Online Examination, GD & Interview will not automatically confer any right of being selected for the said post.


Steps to Apply :-


1. Candidates satisfying the eligibility conditions have to apply through online registration system of GIC Re i.e. https://gicofindia.in


2. Online submission of the applications will be allowed on the website between 11.03.2021 to 29.3.2021. No other means/mode of application shall be accepted


3. While applying on-line, candidate should have the following readily available.


i. E-mail ID (which must be valid for at least one year from the date of application)

ii. Mobile No (which must be valid for at least one year from the date of application)

iii. Non-refundable amount of Rs. 850/- (Rupees Eight Hundred Fifty Only) (plus GST @ 18%) as Processing and Examination fees has to be paid on line only as per instruction given in above website upon completion of registration and application. (Candidates belonging to SC/ST category, PH candidates, Female candidates and the employees of GIC and GIPSA Member Companies are exempted from the fees). Demand Draft/ Money Order / Postal Order or any other mode of payment is not acceptable.

iv. A soft copy of recent (not more than 1 month old) colour passport size photograph of the full face (front view) with the file size not more than 20KB-50KB. 

v. Online payment of Processing and Examination fees (if applicable) and valid e-mail ID, Mobile Number & Photograph are mandatory fields without which applications will not be registered. 


4. Candidates should apply through On-Line mode only. No other means/mode of application will be accepted 


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


A. Application Procedure


1. Candidates to go to the Corporation’s website http://www.gicofindia.in click on the option "Apply Online" which will open a new screen. 


2. To register application, choose the tab "Click here for New Registration" and enter Name, Contact details and Emailid. A Provisional Registration Number and Password will be generated by the system and displayed on the screen.

Candidate should note down the Provisional Registration Number and Password. An Email & SMS indicating the Provisional Registration number and Password will also be sent. 


3. In case the candidate is unable to complete the application form in one go, he / she can save the data already entered by choosing "SAVE AND NEXT" tab. Prior to submission of the online application candidates are advised to use the Save And Next facility to verify the details in the online application form and modify the same if required. Visually Impaired candidates should fill the application form carefully and get the details verified to ensure that the same are correct prior to final submission. 


4. All the information given by the candidate in the application is treated as final and no correction is allowed after the final submission. Candidates are advised to carefully fill and verify the details in the online application themselves as no change will be possible/ entertained after clicking the Final Submit Button.


5. The Name of the candidate and his /her Father/ Husband etc. should be spelt correctly in the application and should be the same as it appears in the Certificates/ Mark sheets as well as on the photo id. Any change/alteration found may disqualify the candidature. 


6. Validate your details and Save your application by clicking the 'Validate your details' and 'Save & Next' button.


7. Candidates can proceed to upload Photo & Signature as per the specifications given in the Guidelines for Scanning and Upload of Photograph and Signature detailed under point "C". 


8. Candidates can proceed to fill other details of the Application Form. 


9. Click on the Preview Tab to preview and verify the entire application form before FINAL SUBMIT.


10. Modify details, if required, and click on 'Final Submit' Only after verifying and ensuring that the photograph, signature uploaded and other details filled by you are correct. 


11. Click on 'Payment' Tab and proceed for payment. 


12. Click on 'Submit' button


Important Dates :-


1. On line Registration commences from: 11.03.2021


2. Last Date for Online Registration: 29.03.2021


3. Payment of Application fees: From 11.03.2021 to 29.03.2021


4. Tentative Date of online Examination: 9th MAY 2021 (Afternoon Shift)


5. Downloading of call letters for examination commences from: Around 10 days prior to the date of examination


6. Online Pre-recruitment training for SC/ST/OBC/PWD candidates: 26.04.2021 TO 29.04.2021

Official Notification