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General Insurance Corporation of India jobs for Officers Scale I Across India. Last Date to apply: 29 May 2018

Officers Scale I
General Insurance Corporation of India
Any Graduate, Any Post Graduate
Officers Scale I Jobs in Across India - General Insurance Corporation of India
Last Date 29 May 2018
Date of posting: 08 May 18

Officers (Scale I)  job opportunities in General Insurance Corporation of India

GIC  ,General Insurance Corporation of India, is looking for Young, Energetic Graduates / Post Graduates with Brilliant Academic record in the disciplines mentioned below to fill-in the positions of 25 Officers in the cadre of Assistant Manager (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.

Stream : General Stream

No. of Vacancies : 24

Qualification : Candidate must possess the minimum qualification of a Graduate/Post Graduate in any discipline from a recognized University with atleast 60% marks in either of the degree examination for General & OBC candidates and atleast 55% marks for SC/ST candidates.

Stream : Hindi

No. of Vacancy : 1

Qualification :  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 atleast 60% marks in either of the degree examination for General & OBC candidates and atleast 55% marks for SC/ST candidates.

Desirable : Certification in Translation work or work experience in translation

Emoluments and Benefits : 

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.53400/-p.m. plus other benefits which are New Pension Scheme and Newspaper /Internet Allowance Leave Travel Subsidy, Medical Benefits, Personal Accident cover, housing and vehicle 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.

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.20,000/- per month.

Age Criteria : Age (As on 08.05.2018)

Minimum age : 21 years.

Maximum age : 30 years

Candidate should have been born not earlier than 09.05.1988 and not later than 08.05.1997 both days inclusive.

Application Fee :  Non refundable amount of Rs. 500/- (plus GST @ 18%) as Processing and Examination fees. (Rupees Five Hundred Only) 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 and PH 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.

Selection Procedure : 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. The total marks for Written Test, Group Discussion and Interview will be 200.

Competitive online examination will be held tentatively in the month of June/July 2018.The candidate may choose any one of the following centres, which must be indicated in the Application Format 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.

The candidate can apply only for one stream of his /her choice. Choice of centre for written test :  a) Chennai b) Hyderabad c) Bangalore d) Thiruvananthapuram e) Mumbai/Navi Mumbai/Thane f) Kolkata/Greater Kolkata g) New Delhi - NCR

Job Summary

Job Type : Full Time
Job Role : HR / Admin
Job Category : Govt Jobs,Others
Hiring Process : Written-test
Who can apply : Freshers

About General Insurance Corporation of India

The entire general insurance business in India was nationalised by General Insurance Business (Nationalisation) Act, 1972 (GIBNA). The Government of India (GOI),through Nationalisation took over the shares of 55 Indian insurance companies and the undertakings of 52 insurers carrying on general insurance business. General Insurance Corporation of India (GIC) was formed in pursuance of Section 9(1) of GIBNA. It was incorporated on 22 November 1972 under the Companies Act, 1956 as a private company limited by shares. GIC was formed for the purpose of superintending, controlling and carrying on the business of general insurance. As soon as GIC was formed, GOI transferred all the shares it held of the general insurance companies to GIC. Simultaneously, the nationalised undertakings were transferred to Indian insurance companies.
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