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General Insurance Corporation of India jobs for Scale I Officers in . Last Date to apply: 11 Sep 2019

Scale I Officers

General Insurance Corporation of India
experience-icon 0 Years
salary-icon Not disclosed
Expired

Posted: 21 Aug 19

Job Description

Scale I Officers  job recruitment in 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, 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 at 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 / Discipline :  Finance /Accounts

No. of Vacancies :  9

Qualification :  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.

desirable additional qualification :  Chartered Accountant (CA)/ Cost Accountant (ICWAI)/M Com

Stream / Discipline :  Information Technology (Software)

No. of Vacancies :  2

Qualification :  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 additional qualification :   Desirable skill set mentioned below

Stream / Discipline :  Legal

No. of Vacancies :   6

Qualification :  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.

desirable additional qualification :   LLM/Experience

Stream / Discipline :  Automobile Engineering

No. of Vacancy :    1

Qualification :  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.

Stream / Discipline :  Civil Engineering

No. of Vacancy :    1

Qualification :  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 recognised as such by Central Government with the prescribed benchmark.

Stream / Discipline :  Aeronautical Engineering

No. of Vacancies :   2

Qualification :  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.

Stream / Discipline :  Marine Engineering

No. of Vacancy :    1

Qualification :  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 atleast 55% marks for SC/ST category candidates OR any equivalent qualification recognized as such by Central Government with the prescribed benchmark.

Stream / Discipline :  Company Secretary

No. of Vacancies :    2

Qualification :  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.

Stream / Discipline :  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 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 recognised as such by Central Government with the prescribed benchmark.

desirable additional qualification :   Certification in Translation work or work experience in translation

Emoluments  :  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.59000/-p.m. plus other benefits which are 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 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.30,000/- per month.

Age Criteria : Age (As on 21.08.2019)

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.

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 October 2019.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. 

Job Particulars

Role hr admin
Education B.Com, BA, MA, BE/B.Tech, MCA, CS, LLB
Who can apply Freshers
Hiring Process Written-test
Employment TypeFull Time
Job Id677070
Locality Address
Country India

About Company

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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