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GIC Re Recruitment 2017 Officers, Actuarial Apprentices (40 Vacancies)

General Insurance Corporation of India (GIC Re) (A wholly owned Government of India Company) is looking for Young, Energetic Graduates / Post Graduates with Brilliant Academic record for recruitment of 33 Officers in the cadre of Assistant Managers (Scale-I) to be based in its offices in India (primarily to be posted in Head Office, Mumbai) and abroad, who will be liable to be posted anywhere in India as well as abroad as per the requirement of the Corporation. The Online Registration start from 8th March 2017 and close on 27th March 2017.

Name of the Post
Total Vacancies
Age Limit
Compensation Package
Scale I Officers (Assistant Manager)
21 to 30 Years as on 27/03/2017 (Age Relaxation as per Govt Rules)
Basic Pay ₹ 32,795/- per month in the scale of ₹ 32795 -1610(14) - 55335 -1745(4) - 62315 and other admissible allowances like DA, HRA, CCA, etc.
Educational Qualifications:
No of vacancies
Essential Qualification
Desirable Qualification
Agricultural/ Horticulture Science
B.Sc. - Agriculture / Horticulture
M.Sc. - Agriculture / Horticulture
Post Graduate in Hindi with English as one of the subjects in Graduation or Post Graduate in English with Hindi as one of the subjects in Graduation.
Certification in Translation work or work experience in translation
Civil Engineer
BE Civil
Marine Engineering
BE/B Tech (Marine)
Aeronautical Engineering
BE/B Tech (Aeronautical)
Chartered Accountant
Information & Technology
B.E. / B. Tech. Engineer/MCA/IT/ Computer Science
Desirable skill set mentioned below
Medical (MBBS)
Underwriting experience in Life/ health Ins. Industry.
Graduate Degree in any discipline with atleast 60% marks for General & OBC candidates and atleast 55% marks for SC/ST candidates Passed 7 papers of Institute of Actuaries of India or Institute & Faculty of Actuaries, London, out of which CT6 is compulsory.
Company Secretary
Executive PA
Graduate Degree
Stenography/MS Office Certification
Graduate Degree
Post Graduate
Selection Process: Shortlisted candidates will be called for Written Test and performance in Group Discussion and interview. The total marks for Written Test, Group Discussion and Interview will be 200.
Written Test Centres: Mumbai, Navi Mumbai, Thane, Delhi, NCR, Kolkata, Greater Kolkata and Chennai.
Application Fee: A Non refundable amount of ₹ 500/- as Processing and Examination fees. The Candidates belonging to SC/ST category and PH candidates and the employees of GIC and GIPSA Member Companies are exempted from the fees.
How to Apply: Eligible Interested candidates have to apply through online registration system of GIC Re Website between 08/03/2017 to 27/03/2017.
Important Dates:
Opening date for Online Registration -> from 08/03/2017
Last Date for Online Registration -> 27/03/2017
Payment of Application fees -> From 08/03/2017 to 27/03/2017
Tentative Date of online Examination -> April / May 2017
Downloading of call letters for examination commences -> from    Around 7 days prior to the date of examination
Online Pre-recruitment training for SC/ST/OBC/PWD candidates -> 24/04/2017 to 27/04/2017

Detailed Advertisement >>
Online Registration >>

General Insurance Corporation of India (GIC Re), Mumbai invites applications from Indian Citizens for selection of Actuarial Apprentices for filling up 07 Vacancies. The last date for receipt of applications is 17th March 2017.
Name of Post
No of Vacancies
Age Limit
Scale of Pay
Actuarial Apprentices
21 to 27 years, relaxation upto 30 years for OBCs and 35 years for SCs/STs. Age relaxation for PWD candidates is as per rules.
₹ 32,795- 1610(14)- 55,335- 1745(4)- 62,315 plus such other increment / allowance as may be admissible under the rules
Educational Qualifications: (from recognised University)
(1) Graduation / Post Graduation in Science with Mathematics or Statistics as main subject with 60% (50% for SC/ST) or more marks in aggregate, (OR) Graduation / Post Graduation in Commerce with Statistics/ Actuarial Science as main subject with 60% or more marks in aggregate, (OR) Graduation in Arts with Actuarial Science as major subject with 60% (50% for SC/ST) or more marks and Post graduate Diploma in Actuarial Science with 50% (40% for SC/ST) or more marks. (AND)
(2) The candidate should have passed at least 3 actuarial subjects of exam conducted by ASI.
Selection Process: Interview / Group Discussion (to be conducted only in Mumbai). All eligible candidates will be called for Interview/ Group Discussion and their selection will be based on their performance in Interview /Group Discussion. Final Selection of candidates will be subject to Medical Examination. Posting of selected candidates will be at Head Office of GIC Re. The date of Interview is 23rd March 2017.
How to Apply: Interested candidates may apply in the prescribed application format along with self-attested copies of the Caste Certificate (wherever applicable), School Leaving Certificate/ Matriculation Certificate showing Date of Birth or Birth Certificate separately, Degree Certificate & Mark-sheets, Certificate of the Actuarial papers passed Affix passport size photograph at the right hand top corner of the application. The scan copy of the application along with the other required documents to the email id on or before 17/03/2017.
Detailed Notification >>

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