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.
Opening date for online registration: 25 / 12 /2014
Closing date for online registration: 24 / 01 /2015
Competitive written examination will be held at 04 centres in India viz. Mumbai, Chennai, Calcutta and Delhi tentatively on Sunday, 1st March, 2015.
SC, ST and PH(OH): No fees
All others: Rs.500
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.
PART A: Domain Knowledge of the relevant stream (40 Marks)
Reasoning – 20 Marks
English Language – 20 Marks
General Awareness – 20 Marks
Numerical Ability – 20 Marks
PART C: Test in English Language – Essay, Precise and Comprehension.
Minimum Qualifying marks in the written test:
60% for General & OBC and 50% for SC/ST.
On the basis of performance in written examination, candidates will be called for Group Discussion and interview. The maximum marks for Group Discussion and Interview are 20 and 30, respectively. The result of final selection, made on overall performance in written examination, Group Discussion and Interview will be notified on GIC Re website.
Basic Pay Rs.17240/- 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.38500/-p.m.plus other benefits whichare 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 withsubsidized 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.12000/-per month.