GIC Assistant Manager (Scale 1)

Table of Content

GIC Assistant Manager 2022 Highlights

GIC or General Insurance Corporation of India is the 11th largest reinsurance company in the world with a wide network in India and abroad. General Insurance Corporation of India was incorporated on 22 November 1972 under the Companies Act,1956 as a private company limited and was the sole reinsurance company in the Indian insurance market until the insurance market was open to reinsurance players from abroad. Its headquarter is situated in Mumbai. Recently, GIC came out with its recruitment notification of GIC Assistant Manager Scale 1 post for 44 vacancies. GIC Assistant Manager Phase 1 results have been released now. The Interview will be held from October 25 onwards. Let’s check the details about GIC Assistant Manager recruitment below.

The final result of the GIC Assistant Manager (online exam + Interview) 2022 is out.

GIC Assistant Manager Highlights 2021

Conducting AuthorityIBPS
Official Website www.gicofindia.in
GIC Assistant Manager (Scale 1) Highlights Posts (Finance Chartered Accountants/ General/
Legal/ Insurance)
Mode of Application Online
No. of Vacancies 44
Website Link Open for Online Registration of
Applications and Payment of Fees/Intimation Charges
March 11, 2021 to March 29, 2021
Date of Examination August 29, 2021
GIC Assistant Manager Interview Dates October 25, 2021 onwards
GIC Assistant Manager Result Out Click Here
GIC Assistant Manager Final Result after Interview Out Click Here

GIC Assistant Manager Notification 2022

GIC has invited applications from Indian Citizens for the recruitment of 44 Officers in the cadre of Assistant Manager (Scale I). GIC Assistant Manager recruitment 2022 has various streams covered under it and you can apply for one stream only of your choice. If you apply to multiple applications under various streams for GIC Assistant Manager recruitment 2022, only the last application submitted will be considered valid. The date to apply for Assistant Manager GIC starts from March 11, 2022 and ends on March 29, 2022. The GIC exam 2022 for Assistant Manager was scheduled to take place on August 29, 2022. The GIC AM Phase 1 results have been announced and the Interviews will be held from October 25, 2021. The final result for GIC Assistant Manager 2022 is out. The selected candidates need to undergo a medical examination conducted by GIC.

Check out the official notification of GIC Assistant Manager 2022

GIC Assistant Manager Exam Pattern 2022

The GIC Assistant Manager recruitment 2022 will take place in three stages.

LevelExamination
Phase 1 Computer based objective exam
Phase 2 Group Discussion and an interview
Phase 3 Medical examination

Since the GIC Assistant Manager 2022 has various streams covered under it so the exam pattern differs. Given below is the detailed exam pattern for GIC exam 2022 for different streams.

GIC Assistant Manager Online Exam (For Specialists)

The GIC Assistant Manager 2022 exam consists of three parts- A,B and C. Part A will be an objective test of professional knowledge in the respective stream for which you have applied to with a time duration of 30 minutes, Part B again objective type with sections like Reasoning, English Language, General Awareness, Numerical Ability & Computer Literacy with a time frame of 60 minutes and Part C of descriptive nature to check your writing skills of 60 minutes. The details of the GIC exam pattern for Assistant Manager ( Specialist Stream) are given below.

Name of Test Max. Marks Number of Questions Time Allotted
Part A
(Objective)
Technical & Professional Knowledge Test in the relevant discipline 40 40 30 minutes
Part B
(objective)
Test of Reasoning 20 20 60 minutes
Test of English Language with special emphasis on grammar and vocabulary. 25 25
Test of General Awareness 20 20
Test of Numerical Ability & Computer Literacy 15 15
Part C
(Descriptive)
Test in English Language – Essay, precis and Comprehension 30 03 60 minutes
Total 150 123 2 hours 30 minutes

GIC Assistant Manager Online Exam (For General Stream)

The GIC Assistant Manager exam for the general stream has three parts similar to the specialist stream except that Part A here is a test of Reasoning Ability / Critical Thinking with a duration of 30 minutes. The two parts B and C are the same with the same time limit and sections. Detailed information is given below.

Name of Test Max. Marks Number of Questions Time Allotted
Part A
(Objective)
Higher Order Reasoning Ability/Critical Thinking 40 40 30 minutes
Part B
(objective)
Test of Reasoning 20 20 60 minutes
Test of English Language with special emphasis on grammar and vocabulary. 25 25
Test of General Awareness 20 20
Test of Numerical Ability & Computer Literacy 15 15
Part C
(Descriptive)
Test in English Language – Essay, precis and Comprehension 30 03 60 minutes
Total 150 123 2 hours 30 minutes

There is a penalty of ¼ th of the marks assigned to the question for every wrong answer you give. The GIC exam is bilingual i.e. English and Hindi except for the English Language section. The Descriptive English Test is online where you need to type your answers using the keyboard in English only.

GIC Assistant Manager Interview

You need to score minimum qualifying marks in the GIC exam 2022 which is 60% for General & OBC and 50% for SC /ST to qualify for the next stage. Besides this, you need to qualify the merit list as decided by the organization to reach the interview and GD stage. The overall merit for GIC Assistant Manager will be made on the basis of online test, GD and an Interview. You need to score a minimum of 60% if General & OBC and 50% if SC /ST overall (online test, GD and Interview) and be sufficiently high in the merit list to clear all rounds.

GIC Assistant Manager Syllabus 2022

GIC Assistant Manager recruitment 2022 is one of the most awaited ones and working in such an organization is a matter of great respect. As it is not a small level job, you can expect a rush and high-level questions for the GIC exam. To beat the rest and grab a seat, you need to be one step ahead of others. Before you start your preparation for GIC Assistant Manager, you should acquaint yourself with the complete GIC exam syllabus. As Part B and C in the GIC exam is the same for specialist and general stream so the detailed syllabus is given below for your reference.

SectionTopics
Reasoning Commonsense Reasoning, Coding-Decoding, Coded Inequalities, Coded Blood Relationship, Seating Arrangement, Ranking, Syllogism, Input-Output, Direction and Distance, Puzzles
Numerical Ability Short Cut Tricks, Approximation, Series, Percentage, Ratio and proportion, Age, Simple and compound interest, Time and distance, Boats and Streams, Permutation and combination, Venn diagram, DI, Number System, Simplification, Surds and indices, Quadratic equation, Profit and loss, Partnership, Alligation, Average, Trains, Time and work and Pipe, Probability, Mensuration, Caselet DI, HCF and LCM
Computer Literacy Browser, Database Management System, Important Software, Computer Architecture, Software System, Important Computer Questions, Computer paper, Email, Computer Book, Computer Language, Computer Memory, Objective Oriented Programming, Network
General Awareness & Current Affairs Current Affairs, Banking Awareness, Monthly Quiz General Awareness, Economics,Budget and Economic, Government Schemes
English Language Tense, Vocabulary, Active passive voice, Phrasal Verbs, Spotting Errors, Cloze Passage, Sentence Connectors, Reading Comprehension, Match the column, Section Test English Language, Parts of Speech, Direct indirect Speech, Subject-Verb Agreement, Rearrangement, Sentence Correction, Fillers, Articles and Determiners, Idioms and Phrases, Homonyms
Descriptive English Essay Writing, Precis writing, Reading comprehension

GIC Assistant Manager Calendar 2022

GIC Assistant Manager notification 2022 has all the details related to the exam, important dates for registration, and exam dates. You must go through the detailed GIC exam date given below and don't miss out on any important details and regret later.

GIC Assistant Manager Phase 1 results have been released now. The Interview will be held from October 25 onwards. The final result for GIC AM 2022 is out. 

EventsImportant Dates
Online Registration commences from March 03, 2021
Last Date & Time for submission of Online Application
and payment of fees
March 29, 2021
GIC Assistant Manager (Scale 1) Online Pre-recruitment
training for SC/ST/OBC/PWD candidates
April 26, 2021, To April 29, 2021
GIC Assistant Manager (Scale 1) Online Exam Dates August 29, 2021
GIC Assistant Manager Result October 20, 2021
GIC Assistant Manager Interview Dates October 25, 2021, onwards

GIC Assistant Manager Previous Year Cut Off (Category Wise)

The GIC exam is a government job so the rush to get that one seat will also be more. As competition and candidates applying for government jobs are getting higher day by day so it's necessary to know the previous year’s cut-off of GIC exam 2022 as it would help to a great extent in planning your preparation. Refer to the table given below for the GIC Assistant Manager previous year cut offs.

GIC Assistant Manager 2021 Cut off

StreamsGeneralSCSTEWSOBCPWD
Finance 80 69 NA NA 80.75 88
Insurance 80.50 70.50 70 83.25 80 88
Legal 86 78.75 68.25 NA 80.50 88
General 94 88.25 77 92 90.25 88

GIC Assistant Manager 2021 Cut off for Medical Examination

StreamsGeneralSCSTEWSOBCPWD
Finance 62.00 54.75 NA NA NA NA
Insurance 65.25 56.38 54.00 NA 62.63 NA
Legal 66.88 60.25 60.50 NA 65.38 NA
General 73.13 69.25 56.00 68.25 70.38 66.75

GIC Assistant Manager 2019 Cut off

Post (Stream)Category wise cut-off
SCSTOBCEWSGeneral
Finance 72.25 63.5 75.25 76.25 83.75
IT 70.5 74 81 82 83
Civil Engineering 67.75 68.75 75 N/A 77
Aeronautical Engg. 62.75 66.5 75.75 N/A 76
Marine Engg. 64.75 N/A 81.25 88.25 79
Legal 64.75 N/A 71.5 N/A 70.25
CS N/A N/A 75 N/A 75
Automobile Engg. 65.25 N/A N/A N/A 80
Hindi N/A N/A 74.25 N/A N/A

GIC Assistant Manager Salary 2022

GIC provides excellent opportunities for career growth through training and development interventions. Appointed as a GIC Assistant Manager your starting basic pay is Rs.32,795/- per month. Besides this, you are also eligible for allowances like DA, HRA, CCA, Leave Travel Subsidy, Medical Benefits and many more. The total emoluments of GIC Assistant Manager 2022 is about Rs. 65,000 / per month. Also, you will get benefits under the New Pension Scheme. The selected candidates’ initial posting will be at Mumbai only but is liable to get transferred to any place in India and abroad.

Name of postSalary
GIC Assistant Manager (Scale 1)
  • Basic pay - Rs. 32,795/- p.m.
  • Pay scale - Rs.32795 -1610(14) – 55335 -1745(4) - 62315
  • Initial monthly Gross emoluments - Approximately Rs. 65,000/-p.m.

GIC Assistant Manager Vacancy 2022

The GIC Assistant Manager recruitment 2022 has vacancies distributed pan India. Besides that vacancies are also broken up category wise also. Given below are the vacancy details of the GIC exam 2022.

PostGeneralSCSTOBCEWSPWD*
(HI/VI/OC/ID/MD)
Total
GIC Assistant Manager (Scale 1) 18 5 4** 14** 3 2** 44

* Horizontal reservation
**including shortfall vacancies

Shortfall vacancies detailed as under have been included in the above mentioned total vacancies: -

 SCSTOBCEWSPWD*
(HI/VI/OC/ID/MD)
Total
Shortfall - 2 5 - 1 8

SC: Scheduled Caste; ST: Scheduled Tribe; OBC: Other Backward Classes; EWS: Economically Weaker Section; PWD: Persons with Disabilities; LD: Locomotor Disability; HI: Hearing Impairment VI: Visual Impairment; ID: Intellectual Disability; MD: Multiple Disability

GIC Assistant Manager Vacancy 2021: Stream Wise

Stream NameVacancies
Finance / Chartered Accountants 15
General 15
Legal 04
Insurance 10
Total 44

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FAQs

The minimum qualification needed to apply for GIC Assistant Manager Recruitment is a bachelor’s degree in any discipline if applying for General Stream and a bachelor degree in specified subject if applying for specialized stream.
GIC Assistant Manager exam will take place in three stages- Online Test, Group Discussion and interview and medical examination.
Yes GIC Assistant Manager exam is bilingual i.e. English and Hindi except the English Language section which will be in English only
A recent passport size photograph along with a signature on a white paper with blue ink with the prescribed dimensions need to be uploaded while filling the GIC application form. Besides this a caste certificate if one belongs to a reserved category.

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