Thursday, 25 December 2014

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Assistant Managers Jobs in General Insurance Corporation of India (GIC)

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.
                     After a process of mergers among Indian insurance companies, four companies were left as fully owned subsidiary companies of GIC
Assistant Managers (scale-I officers) Job vacancies in General Insurance Corporation of India (GIC)  

Stream/ Discipline No. of Vacancies
Qualification required as on the date of application & Desirable Additional Qualification
Insurance 28
Graduate. Desirable : PG in General Insurance/Life Insurance/ AIII/FIII
 Human Resource Development  01
Graduate. Desirable : PG in HRM/Personal Management
General 11
Graduate. Desirable : PG in Management/ Maths 
Finance /Accounts 06
B.Com. Desirable : CA Inter/M.Com/MBA
Chemical Engineering 01
BE / B.Tech / (Chemical)
Electrical Engineering 01
BE / B.Tech / (Electrical)
Marine Engineering 01
BE / B.Tech / (Marine)
Aeronautical Engineering  01
BE / B.Tech / (Aeronautics)
Information Technology (Software) 
03
B.E. / B. Tech. Engineer/MCA/IT/ Computer Science. Desirable : Desirable skill set mentioned below 
Legal  03
LLB / B.L. Desirable : LLM/Experience 
Statistics 04
Graduate. Desirable : PG in Statistics
Medical 01
MBBS. Desirable : Underwriting experience in Life/ health Ins. Industry 
Company Secretary 01
Graduate. Desirable : CS/Inter CS 
Actuary 01
Graduate with Maths/Statistics. Desirable : Passed minimum 4 papers of IAI/UK, 2 years working experience in Life/Health Insurance Industry 
Executive P.A.  02
Graduate (English). Desirable : Stenography & MS Office certification 
Desirable skill set for IT Stream :

Skill Set Area
Operating System Windows/Linux
Networking  LAN/WAN/Wireless using CISCO
DBA (RDBMS) Oracle/SQL Server
Security IDS/Firewalls/PK1
Application Development  SAP ERP, SAP Business Intelligence,
Business Objects, ASP/JSP
Web designing HTML CSS, PHP, Apache, MySQL
Joomla. Web Services, XML

Compensation Package : Basic Pay Rs.17,240/- 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.38,500/-p.m. plus other benefits which are 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 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.12,000/- per month.

Age Criteria : Age (As on 31.12.2014) Minimum age : 21 years. Maximum age : 30 years

Application Fee : Non refundable amount of Rs. 500/- 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 (OH) 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 Written Test and performance in Group Discussion and interview. The total marks for Written Test, Group Discussion and Interview will be 200.
Choice of Centre for Written Test :

Code No. Centre
01 New Delhi
02 Mumbai
03 Kolkata
04 Chennai
It's only fair to share.............