GIC Assistant Manager
About GIC Assistant Manager Exam
- Overview
- Salary Info
- Exam Pattern
- Eligibility
- Exam Dates
- Vacancies
- Cutoff marks
- Application Fee
GIC Assistant Manager Overview
GIC or GIC Re refers to the “General Insurance Corporation of India”.
GIC Re, the ‘Indian Reinsurer with a global footprint, is a 5 billion USD Reinsurer and 10th largest Reinsurance Company in the world with the network in India and abroad.
To know more about GIC Re, go through the details in the website www.gicofindia.in
GIC conducts this recruitment exam from time to time the vacancies for ‘Assistant Managers (i.e. Generalist & Specialist) Scale I’ posts. GIC Assistant Manager is one of the most sought after Insurance jobs in the Indian Insurance sector.
GIC Assistant Manager Salary
Candidates selected as GIC Assistant Manager are eligible for a Basic pay of 32,795/-per month in the pay 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.59000/-p.m. plus other benefits which are the New Pension Scheme and Newspaper /Internet Allowance Leave Travel Subsidy, Medical Benefits, House Furnishing Allowance, Household Help Allowance, Personal Accident cover, housing and vehicle loans with subsidized interests, and interest-free advances for festivals, natural calamities, and any other benefits as per rules and on confirmation of service in the Corporation.
The officers are also entitled to 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.
GIC Assistant Manager Exam Pattern & Selection Procedure
GIC Assistant Manager selection procedure consists of the following stages:
- Online Written Exam
- Group Discussion and Interview
The Total marks for the Written test, Group Discussion, and Interview will be 200.
Stage 1 – GIC Assistant Manager Online Written Examination
For Specialists Other Than Hindi Officer
| Parts | Topics | Number of Questions | Max. Marks |
| PART A (Objective) | Technical & Professional Knowledge Test in the relevant discipline | 40
|
40
|
| PART B (objective)
|
Test of Reasoning | 20 | 20 |
| Test of English Language | 20 | 20 | |
| Test of General Awareness | 20 | 20 | |
| Test of Numerical Ability & Computer Literacy | 20 | 20 | |
| Part C (Descriptive) | Test in the English Language – Essay, precise and Comprehension | 03 | 30 |
| TOTAL | 123 | 150 | |
For Hindi Officer:
| Part | Topics | Number of Questions | Max. Marks |
| PART A (Objective) | Technical & Professional Knowledge Test in the relevant discipline= test of Hindi and English grammar/ vocabulary + knowledge of Act & rules regarding Official language implementation | 40 | 40 |
| PART B (Objective)
|
Test of Reasoning | 20 | 20 |
| Test Of translation (English to Hindi and Hindi to English) objective type. | 20 | 20 | |
| Test of General Awareness | 20 | 20 | |
| Part C (Descriptive) | Test of Hindi Language Essay, precise and
Comprehension & Hindi & English grammar + translation from English to Hindi and Hindi to English (Text) + Hindi typing ,UNICODE |
05 | 50 |
| Total | 105 | 150 | |
Total Test time – 150 minutes.
Part A – 30 Minutes
Part B – 60 Minutes
Part C – 60 Minutes
Candidates will be shortlisted for Group Discussion and interview on the basis of overall marks scored in the online examination.
Minimum qualifying marks in the online test – 60% for General & OBC and 50% for SC /ST.
Minimum qualifying marks for the overall selection process (online test, GD and Interview) – 60% for General & OBC and 50% for SC /ST.
Stage 2 – GIC Assistant Manager GD & Interview
Based on your performance in the written examination, you will be called for a GD & Interview.
The minimum qualifying marks for Group Discussion & Interview is 60% marks (in the total marks, and also in each of Part A, Part B, and Part C).
GIC Assistant Manager Eligibility Criteria
There are 2 eligibility criteria that one must fulfill in order to be eligible for GIC Assistant Manager Exam 2019.
- Age limit
- Educational Qualifications
Age Limit for GIC Assistant Manager (as on 21st August 2019)
- Minimum Age – 21 years
- Maximum Age – 30 years
- Candidate should have been born not earlier than 22.08.1989 and not later than 21.08.1998 both days
inclusive
Relaxations in Upper Age Limit
- SC/ST – 5 years
- OBC – 3 years
- PwD (Person with Disabilities) – 10 years
- Ex-servicemen – Actual period of service + 3 years (max 45 years)
- Widow, Divorced, Legally separated and not remarried Women – 9 years
- Persons ordinarily domiciled in J&k during 1-1-80 and 31-12-89 – 5 years
- Existing confirmed employees of Public sector General Insurance Companies ( GIC & Agriculture Insurnace company of India Ltd) – 8 years
Note: In case of a candidate who is eligible for relaxation under more than one of the above categories, the age relaxation will be available on a cumulative basis subject to the maximum age not exceeding 45 years
Educational Qualifications for GIC Assistant Manager (as on 21st August 2019)
Graduates in Engineering/Finance/Commerce/Law/IT etc, with at least 60% marks in degree exam for General & OBC candidates & at least 55% marks for SC/ST candidates.
The Educational qualifications required vary based on the stream of the vacancy. Check the Vacancies section for more details.
GIC Assistant Manager Exam Dates 2019
Below are the exam dates for the GIC Assistant Managers 2019 exam.
| Exam Event | Important Dates |
| Start Date of Online Application | 21st August 2019 |
| Last Date of Online Application | 11th September 2019 |
| Payment of Application Fees | 21st August 2019- 11th September 2019 |
| GIC Exam Dates 2019 | 5th October 2019 |
| Start Date of Download of Admit Card | 10 days prior to the date of examination |
| Pre-Exam Training for SC/ST/OBC/PWD | 23rd September 2019 – 26th September 2019 |
GIC Assistant Manager Vacancies 2019
As per the GIC AM 2019 notification, there are a total of 25 vacancies.
|
General |
EWS |
SC |
ST |
OBC |
PWD |
Total |
|
11 |
2 |
3 |
2* |
7* |
1 |
25 |
*Includes 1 shortfall of ST and 1 shortfall of OBC.
GIC Assistant Manager Detailed Vacancies
| Stream | No of vacancies | Qualification Required | Desirable additional Qualification |
| FINANCE /ACCOUNTS |
9 | Candidate must possess B. Com Degree from a recognized University with at least 60% marks in the degree examination for General & OBC category candidates and at least 55% marks for SC/ST category candidates OR any equivalent qualification recognized as such by Central Government with the prescribed benchmark | Chartered Accountant (CA)/ Cost Accountant (ICWAI)/M Com |
| INFORMATION TECHNOLOGY (Software) |
2 | B.E. / B. Tech. in IT OR Computer Science OR MCA with at least 60% marks for General and OBC category candidates and at least 55% marks for SC/ST category candidates OR any equivalent qualification recognized as such by Central Government with the prescribed benchmark | *Desirable skill set mentioned below |
| LEGAL | 6 | Candidate must possess LLB/BL degree from a recognized University with at least 60% marks in the degree examination for General & OBC category candidates and at least 55% marks for SC/ST category candidates OR any equivalent qualification recognized as such by Central Government with the prescribed benchmark. | LLM/Experience |
| AUTOMOBILE ENGINEERING |
1 | Candidate must possess BE/B TECH Degree in Automobile Engineering from a recognized University with at least 60% marks in the degree examination for General & OBC category candidates and at least 55% marks for SC/ST category candidates OR any equivalent qualification recognized as such by Central Government with the prescribed benchmark | – |
| CIVIL ENGINEERING |
1 | Candidate must possess BE/B TECH Degree in Civil Engineering from a recognized University with at least 60% marks in the degree examination for General & OBC category candidates and at least 55% marks for SC/ST category candidates OR any equivalent qualification recognized as such by Central Government with the prescribed benchmark. |
– |
| AERONAUTICAL ENGINEERING |
2 | Candidate must possess BE/B TECH Aeronautical Degree from a recognized University with at least 60% marks in the degree examination for General & OBC category candidates and at least 55% marks for SC/ST category candidates OR any equivalent qualification recognized as such by Central Government with the prescribed benchmark. | – |
| MARINE ENGINEERING |
1 | Candidate must possess BE/B TECH Marine Engineering Degree from a recognized University with at least 60% marks in the degree examination for General & OBC category candidates and at least 55% marks for SC/ST category candidates OR any equivalent qualification recognized as such by Central Government with the prescribed benchmark. | – |
| COMPANY SECRETARY |
2 | ACS/FCS from ICSI and Graduation from a recognized university with at least 60% marks in case General & OBC category candidates and at least 55% marks for SC/ST candidates OR any equivalent qualification recognized as such by Central Government with the prescribed benchmark. | – |
| HINDI | 1 | 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 with at least 60% marks in the degree examination for General & OBC candidates and at least 55% marks for SC/ST candidates OR any equivalent qualification recognized as such by Central Government with the prescribed benchmark. | Certification in Translation work or work experience in translation |
| Total | 25 |
GIC Assistant Manager Cutoff marks
Below are the GIC Assistant Manager Cutoff marks for each category:
|
SC |
ST |
OBC |
General |
|
94.25 |
86.50 |
98.25 |
100.50 |
GIC Assistant Manager Application Fee
| Sr. No | Exam Events | Important Dates |
| 1 | For General & OBC Category | Rs. 500/- (plus GST @ 18%) |
| 2 | For SC/ST category and PH candidates and the employees of GIC and GIPSA Member Companies | No Fees |
About GIC Assistant Manager Exam
GIC Assistant Manager Overview
GIC or GIC Re refers to the “General Insurance Corporation of India”.
GIC Re, the ‘Indian Reinsurer with a global footprint, is a 5 billion USD Reinsurer and 10th largest Reinsurance Company in the world with the network in India and abroad.
To know more about GIC Re, go through the details in the website www.gicofindia.in
GIC conducts this recruitment exam from time to time the vacancies for ‘Assistant Managers (i.e. Generalist & Specialist) Scale I’ posts. GIC Assistant Manager is one of the most sought after Insurance jobs in the Indian Insurance sector.
GIC Assistant Manager Salary
Candidates selected as GIC Assistant Manager are eligible for a Basic pay of 32,795/-per month in the pay 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.59000/-p.m. plus other benefits which are the New Pension Scheme and Newspaper /Internet Allowance Leave Travel Subsidy, Medical Benefits, House Furnishing Allowance, Household Help Allowance, Personal Accident cover, housing and vehicle loans with subsidized interests, and interest-free advances for festivals, natural calamities, and any other benefits as per rules and on confirmation of service in the Corporation.
The officers are also entitled to 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.
GIC Assistant Manager Exam Pattern & Selection Procedure
GIC Assistant Manager selection procedure consists of the following stages:
- Online Written Exam
- Group Discussion and Interview
The Total marks for the Written test, Group Discussion, and Interview will be 200.
Stage 1 – GIC Assistant Manager Online Written Examination
For Specialists Other Than Hindi Officer
| Parts | Topics | Number of Questions | Max. Marks |
| PART A (Objective) | Technical & Professional Knowledge Test in the relevant discipline | 40
|
40
|
| PART B (objective)
|
Test of Reasoning | 20 | 20 |
| Test of English Language | 20 | 20 | |
| Test of General Awareness | 20 | 20 | |
| Test of Numerical Ability & Computer Literacy | 20 | 20 | |
| Part C (Descriptive) | Test in the English Language – Essay, precise and Comprehension | 03 | 30 |
| TOTAL | 123 | 150 | |
For Hindi Officer:
| Part | Topics | Number of Questions | Max. Marks |
| PART A (Objective) | Technical & Professional Knowledge Test in the relevant discipline= test of Hindi and English grammar/ vocabulary + knowledge of Act & rules regarding Official language implementation | 40 | 40 |
| PART B (Objective)
|
Test of Reasoning | 20 | 20 |
| Test Of translation (English to Hindi and Hindi to English) objective type. | 20 | 20 | |
| Test of General Awareness | 20 | 20 | |
| Part C (Descriptive) | Test of Hindi Language Essay, precise and
Comprehension & Hindi & English grammar + translation from English to Hindi and Hindi to English (Text) + Hindi typing ,UNICODE |
05 | 50 |
| Total | 105 | 150 | |
Total Test time – 150 minutes.
Part A – 30 Minutes
Part B – 60 Minutes
Part C – 60 Minutes
Candidates will be shortlisted for Group Discussion and interview on the basis of overall marks scored in the online examination.
Minimum qualifying marks in the online test – 60% for General & OBC and 50% for SC /ST.
Minimum qualifying marks for the overall selection process (online test, GD and Interview) – 60% for General & OBC and 50% for SC /ST.
Stage 2 – GIC Assistant Manager GD & Interview
Based on your performance in the written examination, you will be called for a GD & Interview.
The minimum qualifying marks for Group Discussion & Interview is 60% marks (in the total marks, and also in each of Part A, Part B, and Part C).
GIC Assistant Manager Eligibility Criteria
There are 2 eligibility criteria that one must fulfill in order to be eligible for GIC Assistant Manager Exam 2019.
- Age limit
- Educational Qualifications
Age Limit for GIC Assistant Manager (as on 21st August 2019)
- Minimum Age – 21 years
- Maximum Age – 30 years
- Candidate should have been born not earlier than 22.08.1989 and not later than 21.08.1998 both days
inclusive
Relaxations in Upper Age Limit
- SC/ST – 5 years
- OBC – 3 years
- PwD (Person with Disabilities) – 10 years
- Ex-servicemen – Actual period of service + 3 years (max 45 years)
- Widow, Divorced, Legally separated and not remarried Women – 9 years
- Persons ordinarily domiciled in J&k during 1-1-80 and 31-12-89 – 5 years
- Existing confirmed employees of Public sector General Insurance Companies ( GIC & Agriculture Insurnace company of India Ltd) – 8 years
Note: In case of a candidate who is eligible for relaxation under more than one of the above categories, the age relaxation will be available on a cumulative basis subject to the maximum age not exceeding 45 years
Educational Qualifications for GIC Assistant Manager (as on 21st August 2019)
Graduates in Engineering/Finance/Commerce/Law/IT etc, with at least 60% marks in degree exam for General & OBC candidates & at least 55% marks for SC/ST candidates.
The Educational qualifications required vary based on the stream of the vacancy. Check the Vacancies section for more details.
GIC Assistant Manager Exam Dates 2019
Below are the exam dates for the GIC Assistant Managers 2019 exam.
| Exam Event | Important Dates |
| Start Date of Online Application | 21st August 2019 |
| Last Date of Online Application | 11th September 2019 |
| Payment of Application Fees | 21st August 2019- 11th September 2019 |
| GIC Exam Dates 2019 | 5th October 2019 |
| Start Date of Download of Admit Card | 10 days prior to the date of examination |
| Pre-Exam Training for SC/ST/OBC/PWD | 23rd September 2019 – 26th September 2019 |
GIC Assistant Manager Vacancies 2019
As per the GIC AM 2019 notification, there are a total of 25 vacancies.
|
General |
EWS |
SC |
ST |
OBC |
PWD |
Total |
|
11 |
2 |
3 |
2* |
7* |
1 |
25 |
*Includes 1 shortfall of ST and 1 shortfall of OBC.
GIC Assistant Manager Detailed Vacancies
| Stream | No of vacancies | Qualification Required | Desirable additional Qualification |
| FINANCE /ACCOUNTS |
9 | Candidate must possess B. Com Degree from a recognized University with at least 60% marks in the degree examination for General & OBC category candidates and at least 55% marks for SC/ST category candidates OR any equivalent qualification recognized as such by Central Government with the prescribed benchmark | Chartered Accountant (CA)/ Cost Accountant (ICWAI)/M Com |
| INFORMATION TECHNOLOGY (Software) |
2 | B.E. / B. Tech. in IT OR Computer Science OR MCA with at least 60% marks for General and OBC category candidates and at least 55% marks for SC/ST category candidates OR any equivalent qualification recognized as such by Central Government with the prescribed benchmark | *Desirable skill set mentioned below |
| LEGAL | 6 | Candidate must possess LLB/BL degree from a recognized University with at least 60% marks in the degree examination for General & OBC category candidates and at least 55% marks for SC/ST category candidates OR any equivalent qualification recognized as such by Central Government with the prescribed benchmark. | LLM/Experience |
| AUTOMOBILE ENGINEERING |
1 | Candidate must possess BE/B TECH Degree in Automobile Engineering from a recognized University with at least 60% marks in the degree examination for General & OBC category candidates and at least 55% marks for SC/ST category candidates OR any equivalent qualification recognized as such by Central Government with the prescribed benchmark | – |
| CIVIL ENGINEERING |
1 | Candidate must possess BE/B TECH Degree in Civil Engineering from a recognized University with at least 60% marks in the degree examination for General & OBC category candidates and at least 55% marks for SC/ST category candidates OR any equivalent qualification recognized as such by Central Government with the prescribed benchmark. |
– |
| AERONAUTICAL ENGINEERING |
2 | Candidate must possess BE/B TECH Aeronautical Degree from a recognized University with at least 60% marks in the degree examination for General & OBC category candidates and at least 55% marks for SC/ST category candidates OR any equivalent qualification recognized as such by Central Government with the prescribed benchmark. | – |
| MARINE ENGINEERING |
1 | Candidate must possess BE/B TECH Marine Engineering Degree from a recognized University with at least 60% marks in the degree examination for General & OBC category candidates and at least 55% marks for SC/ST category candidates OR any equivalent qualification recognized as such by Central Government with the prescribed benchmark. | – |
| COMPANY SECRETARY |
2 | ACS/FCS from ICSI and Graduation from a recognized university with at least 60% marks in case General & OBC category candidates and at least 55% marks for SC/ST candidates OR any equivalent qualification recognized as such by Central Government with the prescribed benchmark. | – |
| HINDI | 1 | 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 with at least 60% marks in the degree examination for General & OBC candidates and at least 55% marks for SC/ST candidates OR any equivalent qualification recognized as such by Central Government with the prescribed benchmark. | Certification in Translation work or work experience in translation |
| Total | 25 |
GIC Assistant Manager Cutoff marks
Below are the GIC Assistant Manager Cutoff marks for each category:
|
SC |
ST |
OBC |
General |
|
94.25 |
86.50 |
98.25 |
100.50 |
GIC Assistant Manager Application Fee
| Sr. No | Exam Events | Important Dates |
| 1 | For General & OBC Category | Rs. 500/- (plus GST @ 18%) |
| 2 | For SC/ST category and PH candidates and the employees of GIC and GIPSA Member Companies | No Fees |