GIC Graduate Pass Recruitment 2024: A Golden Opportunity for Job Seekers
The General Insurance Corporation of India (GIC) has announced an exciting recruitment drive for 2024, inviting applications for the post of Assistant Manager (Scale I). This government-owned reinsurance company, recognized globally as the 10th largest reinsurer, offers 110 prestigious positions with attractive salaries reaching up to ₹85,000 per month. The online application process began on 4th December 2024, with the last date for submission being 19th December 2024. If you are a graduate or post-graduate seeking a challenging role with excellent benefits, this could be your chance.
Table of Contents
Overview of GIC Assistant Manager Recruitment 2024
| Category | Details |
|---|---|
| Organization | General Insurance Corporation of India (GIC) |
| Total Vacancies | 110 |
| Salary | ₹50,925 – ₹85,000 per month |
| Job Location | Pan India and Abroad |
| Application Mode | Online |
The positions are primarily based at the Mumbai headquarters, but candidates must be open to transfers anywhere in India or abroad.
Also Read: Union Bank LBO Recruitment 2024 Notification
GIC Graduate Pass Vacancy 2024
| Stream/Discipline | Total Vacancies | General | OBC | SC | ST | EWS |
|---|---|---|---|---|---|---|
| General | 18 | 9 | 4 | 3 | 1 | 1 |
| Legal | 9 | 4 | 2 | 2 | 1 | – |
| HR | 6 | 3 | 2 | 1 | – | – |
| IT | 22 | 10 | 6 | 4 | 1 | 1 |
| Engineering | 5 | 2 | 2 | 1 | – | – |
| Actuary | 10 | 5 | 3 | 1 | 1 | – |
| Insurance | 20 | 9 | 6 | 3 | 1 | 1 |
| Medical (MBBS) | 2 | 1 | – | – | – | 1 |
| Finance | 18 | 8 | 5 | 3 | 1 | 1 |
| Total | 110 | 51 | 30 | 18 | 6 | 5 |
GIC Graduate Pass Eligibility Criteria 2024
To qualify for the GIC Graduate Pass Recruitment 2024, candidates must meet the following criteria:
General Requirements:
- Age: 21 to 30 years as of 1st November 2024 (relaxations available for reserved categories).
- Educational Qualifications: Graduation/Post-graduation with at least 60% marks (55% for SC/ST).
- Other Skills: Computer proficiency is mandatory.
Detailed Age Limit:
| Category | Age Relaxation |
|---|---|
| General | No relaxation |
| OBC | 3 years |
| SC/ST | 5 years |
| PWD | 10 years |
Application Process
- Visit the GIC official website.
- Click on the “Recruitment” section and select “Apply Online.”
- Register with your email ID and mobile number to generate login credentials.
- Fill out the application form carefully with accurate details.
- Upload scanned copies of your photograph, signature, and relevant documents.
- Pay the application fee as applicable.
- Submit the form and save a copy for future reference.
Important Dates
Keep an eye on the following important dates to ensure you don’t miss any step in the GIC Graduate Pass Recruitment 2024 process:
- Start of Online Application: 4th December 2024
- Last Date to Apply: 19th December 2024
- Exam Date: 5th January 2025
Also Read: Canara Bank Recruitment 2024
GIC Graduate Pass Exam Pattern
The GIC Graduate Pass Recruitment 2024 exam is structured to assess candidates’ reasoning, subject-specific knowledge, and language proficiency. The pattern varies slightly for General and Specialist streams. Below is the detailed structure:
Exam Pattern for General Stream Candidates
| Part | Section | Maximum Marks | Number of Questions | Type |
|---|---|---|---|---|
| Part A | Higher Order Reasoning Ability/Critical Thinking | 40 | 40 | Objective |
| Part B | Test of Reasoning | 20 | 20 | Objective |
| Test of English Language with special emphasis on grammar and vocabulary | 25 | 25 | Objective | |
| Test of General Awareness | 20 | 20 | Objective | |
| Test of Numerical Ability & Computer Literacy | 15 | 15 | Objective | |
| Part C | Test in English Language – Essay, Précis, and Comprehension | 30 | 03 | Descriptive |
Total Marks: 150 | Total Questions: 123
Exam Pattern for Specialist Stream Candidates (Other than Medical)
| Part | Section | Maximum Marks | Number of Questions | Type |
|---|---|---|---|---|
| Part A | Technical and Professional Knowledge Test in the relevant discipline | 40 | 40 | Objective |
| Part B | Test of Reasoning | 20 | 20 | Objective |
| Test of English Language with special emphasis on grammar and vocabulary | 25 | 25 | Objective | |
| Test of General Awareness | 20 | 20 | Objective | |
| Test of Numerical Ability & Computer Literacy | 15 | 15 | Objective | |
| Part C | Test in English Language – Essay, Précis, and Comprehension | 30 | 03 | Descriptive |
Total Marks: 150 | Total Questions: 123
Additional Information
- Minimum Qualifying Marks: 60% for General & OBC, 50% for SC/ST.
- Negative Marking: 1/4th of the marks assigned for every incorrect answer in the objective test.
- Duration: 150 minutes (30 minutes for Part A, 60 minutes each for Part B and Part C).
- Language: The test is bilingual (English and Hindi), except for the English language section.
Exam Structure
The exam consists of multiple-choice and descriptive sections, ensuring a comprehensive assessment.
| Stage | Details |
|---|---|
| Online Test | Objective and Descriptive |
| Group Discussion | Interactive Session |
| Interview | Face-to-Face Evaluation |
Marking Scheme & Duration
The exam includes negative marking and time limits for each section.
| Category | Details |
|---|---|
| Marks per Question | Varies by Section |
| Negative Marking | 1/4th per wrong answer |
| Duration | 150 Minutes |
Mode of Exam
The test is conducted online and supports bilingual language options.
| Category | Details |
|---|---|
| Mode | Online |
| Medium | English and Hindi |
GIC Graduate Pass Selection Process
The selection process involves multiple stages, ensuring only the best candidates are chosen for this prestigious role.
- Online Examination
- Group Discussion (GD)
- Personal Interview
- Document Verification
GIC Assistant Manager Syllabus
The syllabus is designed to test various competencies required for the role. Here’s an overview of the topics covered:
| Section | Topics |
|---|---|
| Reasoning Ability | Logical Reasoning, Data Sufficiency |
| General Awareness | Current Affairs, Banking Awareness |
| English Language | Essay Writing, Comprehension |
GIS Assistant Manager Salary and Benefits 2024
The GIC Graduate Pass Recruitment 2024 offers a highly competitive salary structure along with numerous benefits, making it an attractive opportunity for candidates. Below is a detailed breakdown of the salary and perks:
The basic pay starts at ₹50,925 per month, and the total emoluments, including allowances like Dearness Allowance (DA), House Rent Allowance (HRA), and City Compensatory Allowance (CCA), amount to approximately ₹85,000 per month. Selected candidates are also eligible for additional perks, including:
- Newspaper/Internet Allowance
- Leave Travel Subsidy (LTS)
- Medical Benefits
- House Furnishing Allowance
- Household Help Allowance
- Subsidized loans for housing, vehicles, and computers
- Interest-free advances for festivals and emergencies
- Personal accident insurance coverage
| Post | Basic Pay (₹) | Total Emoluments (₹) |
|---|---|---|
| General | 50,925 | ~85,000 |
| Legal | 50,925 | ~85,000 |
| HR | 50,925 | ~85,000 |
| IT | 50,925 | ~85,000 |
| Engineering | 50,925 | ~85,000 |
| Actuary | 50,925 | ~85,000 |
| Insurance | 50,925 | ~85,000 |
| Medical (MBBS) | 50,925 | ~85,000 |
| Finance | 50,925 | ~85,000 |
Application Fee
The application fee varies by category. Fee exemptions are available for certain groups.
| Category | Fee (₹) |
|---|---|
| General/OBC | 1,000 |
| SC/ST/Female | Exempted |
Work and Responsibilities
The responsibilities for each post in the GIC Graduate Pass Recruitment 2024 are outlined below. Each role plays a crucial part in the corporation’s operations and development:
General
- Manage operations and administrative activities.
- Handle corporate communication and policy compliance.
- Support various business functions effectively.
Legal
- Handle legal cases and contract management.
- Ensure regulatory compliance.
- Provide legal advice to the corporation.
HR
- Oversee recruitment and workforce management.
- Manage employee relations and performance appraisals.
- Organize training programs for skill development.
IT
- Develop and manage IT systems.
- Ensure cybersecurity and digital operations efficiency.
- Contribute to software development and infrastructure.
Engineering
- Oversee infrastructure and technical projects.
- Perform risk analysis and technical evaluations.
- Focus on stream-specific responsibilities (Civil, Mechanical, etc.).
Actuary
- Perform statistical and risk analysis.
- Develop insurance policies using actuarial principles.
- Support decision-making with quantitative insights.
Insurance
- Develop and manage insurance portfolios.
- Handle claims and underwriting operations.
- Manage risk and policy renewals effectively.
Medical (MBBS)
- Provide medical assessments for claims processing.
- Evaluate health risks and offer expert opinions.
- Contribute to health-related policy development.
Finance
- Manage budgets and oversee financial operations.
- Conduct audits and ensure financial compliance.
- Prepare reports and handle financial forecasting.
Official Notification and Contact Information
For more details, refer to the official notification and use the contact information below:
Closing Statement
Don’t miss this golden opportunity to secure a government job! Apply for the GIC Graduate Pass Recruitment 2024 before 19th December 2024. Take the first step toward an exciting career today!
