Name Of The Company: General Insurance Corporation of India (GIC)
Educational Qualification: BE/B.Tech(Aero, chemical engineering, IT, Marine, Electrical), BSc, MCA, B.Com
Age Criteria : Age (As on 31.12.2014) Minimum age : 21 years. Maximum age : 30 years
Job Designation: Assistant Managers
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.
Required Candidate Skills :
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.
Last Date : 24th January 2015
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.
Work Location: Across 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.
Website: http://gicofindia.com/
Educational Qualification: BE/B.Tech(Aero, chemical engineering, IT, Marine, Electrical), BSc, MCA, B.Com
Age Criteria : Age (As on 31.12.2014) Minimum age : 21 years. Maximum age : 30 years
Job Designation: Assistant Managers
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.
Required Candidate Skills :
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
|
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.
Last Date : 24th January 2015
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.
Work Location: Across 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.
Website: http://gicofindia.com/
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