GIC Recruitment 2022 for Actuarial Apprentices | 10 Posts | Last Date: 22 April 2022

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GIC Recruitment 2022 : General Insurance Corporation of India announced notification for the engagement of Actuarial Apprentices. The candidates with the education qualification of Graduation/ Post Graduation can apply for these positions. There are a total of 10 vacancies are to be filled for this recruitment. Interested candidates who are all eligible for this recruitment can apply on or before 22 April 2022.  The detailed eligibility and selection process are given below in an elaborate manner.

GIC Recruitment

General Insurance of India GIC:

General Insurance of India is the state-owned insurance company, and it’s registered headquarter office is located in Mumbai. The primary responsibility of GIC is to sale the reinsurance in the Indian insurance market. The foreign insurance companies from France, Switzerland and Germany are joining together with GIC in the year 2016.

GIC Recruitment 2022 Details:

Job Role Actuarial Apprentices
Qualification B.Sc/M.Sc/B.Com/M.Com/BA/MA
Total Posts 10
Experience Freshers/ Experienced
Salary Rs. 30,000 – 35,000/ month
Job Location Across India
Last Date 22 April 2022

GIC Recruitment Detailed Eligibility:

Educational Qualification:



  • Graduation/Post Graduation in Science from recognized University with Mathematics or Statistics as main subject with 60% or more marks in aggregate, or
  • Graduation/Post Graduation in Commerce from recognized University with Statistics/Actuarial Science as main subject with 60% or more marks in aggregate, or
  • Graduation in Arts with Actuarial Science as major subject from recognized University with 60% or more marks, or
  • Post-graduate Diploma in Actuarial Science with 50% or more marks AND
  • The candidate should have passed at least 2 actuarial subjects (As per New Curriculum) of exam conducted by Institute of Actuaries of India (IAI) or Institute and Faculty of Actuaries (IFoA).

Age (As on 01.02.2021):

  • The age limit for the candidates applying for the post of Actuarial Apprentices should be 21 years (completed) and not more than 27 years i.e. candidate should have been born not earlier than 31.03.1995 and not later than 31.03.2001 both days inclusive

Relaxation:

  • 30 years – OBC
  • 35 years – SC/ ST

Total Vacancies: 10 posts

  • 7 posts – Actuarial Apprentices for Non-Life
  • 3 posts – Actuarial Apprentices for Life

Salary : 

  • 1st Year – Rs. 30,000/ month
  • 2nd years – Rs. 35,000/ month
  • On absorption on regular basis, as Assistant Manager (Scale I Officer) after passing minimum 8 actuarial subjects (As per New Curriculum), the emoluments will be fixed in the scale of Basic Pay Rs. 32,795/-per month in the scale of Rs.32,795 – 62,315/ month

GIC Recruitment 2022 Selection process:

  • The selection for the above post shall be based on 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.

How to apply GIC Recruitment 2022 ?

All the interested and eligible candidates can apply for this recruitment by sending their filled in Application as per format given below along with the essential certificates to the Email ID given below on or before 22 April 2022.

For More Details: Click here

Email ID to send Application : [email protected]



 

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