GIC Assistant Manager (Scale 1)


GIC Assistant Manager 2021 Highlights

The admit cards for GIC Assistant Manager online exam are out. The exam is scheduled to take place on August 29, 2021.

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 has come out with its recruitment notification of GIC Assistant Manager Scale 1 post for 44 vacancies. Let’s check the details about GIC Assistant Manager recruitment below.

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 Notification 2021

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 2021 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 2021, only the last application submitted will be considered valid. The date to apply for Assistant Manager GIC starts from March 11, 2021 and ends on March 29, 2021. The GIC exam 2021 for Assistant Manager is scheduled to take place on August 29, 2021.

Check out official notification of GIC Assistant Manager 2021

GIC Assistant Manager Exam Pattern 2021

The GIC Assistant Manager recruitment 2021 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 2021 has various streams covered under it so the exam pattern differs. Given below is the detailed exam pattern for GIC exam 2021 for different streams.

GIC Assistant Manager Online Exam (For Specialists)

The GIC Assistant Manager 2021 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 2021 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 2021

GIC Assistant Manager recruitment 2021 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 2021

GIC Assistant Manager notification 2021 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.

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 General Manager Result To be notified later
GIC Assistant General Manager Interview Dates To be notified later

GIC Assistant Manager Previous Year Cut Off 2019 (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 2021 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.

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 2021

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 2021 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 2021

The GIC Assistant Manager recruitment 2021 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 2021.

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

GIC Assistant Manager Eligibility Criteria 2021

As the GIC Assistant Manager notification 2021 is out, the first step is to fill the online application form and ensure that you are eligible according to the required qualifications mentioned by GIC. You need to possess all the required qualifications as mentioned in the GIC Assistant Manager recruitment to avoid cancellation of your candidature later.

GIC Assistant Manager Educational Criteria

To be eligible to apply for the GIC Assistant Manager you need to possess a bachelor's degree in any subject or in the concerned field for the stream you are applying for from a recognized university with a minimum of 60% marks for General category. This percentage may vary if you belong to reserved categories. The complete details of GIC Assistant Manager education eligibility are given below

PostEducational Criteria
GIC Assistant Manager (Scale 1) (Finance Chartered Accountants) Graduation in any discipline with minimum 60% marks for General & OBC candidates (55% for SC/ST candidates) and candidates should have passed the Final examination of Institute of Chartered Accountants of India. Candidates should provide their membership number and the same will be verified with Institute of Chartered Accountants of India.
GIC Assistant Manager (Scale 1) (General) Graduation in any discipline with minimum 60% marks for General & OBC candidates (55% for SC/ST candidates).
GIC Assistant Manager (Scale 1) (Legal) Bachelor’s Degree in Law recognized by Bar council of India for the purpose of enrolment as an Advocate with a minimum of 60% marks for General & OBC candidates (55% for SC/ST candidates).
GIC Assistant Manager (Scale 1) (Insurance) Graduation in any discipline with minimum 60% marks for General & OBC candidates (55% for SC/ST candidates) and candidates should possess Post Graduate Degree/diploma in General Insurance/ Risk Management/ Life Insurance/ FIII/ FCII.

You must possess computer proficiency and the required qualification should be fulfilled as of February 2, 2021.

GIC Assistant Manager Age Criteria

You should not be younger than 21 years and older than 30 years as on the date mentioned in the official GIC Assistant Manager recruitment 2021. Further details can be obtained from the table below.

Name of the PostAge Criteria
GIC Assistant Manager (Scale 1) A candidate must not have exceeded the age of 30 years.

GIC Assistant Manager Age Relaxation

There is the provision of age relaxation in the GIC exam 2021 if you belong to reserved categories. This age relaxation is applicable in the upper age limit and varies within the reserved category. In case you are eligible for relaxation under more than one of the mentioned categories, the age relaxation will be on a cumulative basis subjected to the maximum age not exceeding 45 years. You need to submit copies of necessary certificates and produce original certificates when required. For details on GIC Assistant Manager age relaxation refer to the table below.

TypeAge Relaxation
Schedule Caste / Scheduled Tribe 5 Years
Other Backward Class (eligible for reservation) 3 Years
Person with Disability 10 Years
Ex-Servicemen / Disabled Ex-Servicemen Actual period of service rendered in the defence forces + 3 years (8 years for Disabled Ex-Servicemen belonging to SC/ST) subject to a maximum age limit of 45 years
Widows, Divorced women and women legally separated from their husbands who have not remarried 9 years
Existing Confirmed Employees of Public Sector General Insurance Companies (including GIC & Agriculture Insurance Company of India Ltd.) 8 years

GIC Assistant Manager 2021: How To Apply Online

You need to apply online for GIC Assistant Manager. No other mode is applicable. The step by step procedure for GIC Assistant Manager apply online is given below.

  • Visit the official website of GIC - https://www.gicofindia.com/en/ and click on the "APPLY ONLINE" link
  • Register yourself by entering your name, contact details and email-Id.
  • A Provisional registration number and password will be generated and a message will be sent in respective email-id and contact number.
  • Login again with the registration number and password and enter all other details asked.
  • Make sure that you fill in all the details correctly and verify them once before the final submit. Any correction after final submit is not allowed.
  • Upload all the documents like signature and photo with the dimensions mentioned below
    • A recent color passport size photograph of 200 x 230 pixels and size between 20KB - 50KB.
    • Candidate signature on white paper with black ink pen of 140 x 60 pixels and size between 10KB - 20KB.
  • Proceed to payment of application fee through online mode as no other mode is allowed.
  • Take a print out of the application form and fee receipt for future use

GIC Assistant Manager Application Fee

You need to pay a non-refundable fee of Rs. 850 for GIC exam 2021. GST @ 18% as processing and any other bank charge has to be paid by you. If you belong to SC/ST, PH category or an employee of GIC and GIPSA Member Companies, you are exempted from paying the application fee. Also, female candidates are exempted from the GIC exam application fee. Only an online mode of payment is acceptable. Details can be inferred from below.

Category of ApplicantAmount of Fee (Non-refundable)
SC/ ST/ PH, Female & the employees of GIC and GIPSA Member Companies NIL
Others Rs. 850/- (Rupees Eight Hundred Fifty Only) (plus GST @ 18%)

GIC Assistant Manager Exam Centre

The GIC exam will be conducted online at various places that will be mentioned in the respective call letters. No request for a change of exam centre will be entertained at a later stage, so you should be very careful while filing your GIC exam centre. Though you are allotted the same exam centre as filled but the corporation reserves the right to cancel any of the examination centres if any administrative need arises. You need to appear for the GIC exam 2021 at an examination Centre at your own risks and expenses. The list of exam centres is given below.

State/ UTExamination CentresState/ UTExamination Centres
Andhra Pradesh Rajamundry Odisha Bhubaneswar
Andhra Pradesh Vijaywada Rajasthan Jaipur
Assam Guwahati Tamil Nadu Chennai
Bihar Patna Tamil Nadu Coimbtore
Chandigarh Chandigarh Tamil Nadu Salem
Gujarat Ahmedabad / Gandhinagar Tamil Nadu Tirunalveli
Karnataka Bangalore Telangana Hyderabad
Karnataka Mysore Telangana Karimanagar
Kerala Thiruvananthapuram U.T. New Delhi - NCR
Kerala Thrissure Uttar Pradesh Lucknow
Madhya pradesh Bhopal West Bengal Asansol
Maharashtra Aurangabad West Bengal Hoogly
Maharashtra Mumbai/Navi
Mumbai/Thane
West Bengal Kolkata/Greater Kolkata
Maharashtra Nasik West Bengal Siliguri
Maharashtra Pune    

GIC Assistant Manager Admit Card 2021

You can download the GIC Assistant Manager 2021 admit card from the official website a few days before the online exam. You can download your call letter by entering your Registration Number / Roll Number and Password / Date of Birth. No Hard copy of the call letter will be sent by post/courier. The GIC Assistant Manager admit card print out along with an identity proof in original and photostat need to be produced at the examination venue.

GIC Assistant Manager Books 2021

There are numerous competitive exams conducted in a year. GIC Assistant Manager is one such opportunity that is awaited by aspirants eagerly. Before you start making your smart GIC Assistant Manager preparation plan, one basic thing that remains the same in all cases is good quality study material i.e. high-quality books. To help you out in this, you can refer to some good books whose list is given below.

GIC Assistant Manager SubjectsUseful Books for GIC Assistant ManagerGIC Assistant Manager Exam Book’s Author
Reasoning Ability A New Approach to Reasoning Verbal and Non-Verbal B.S. Sijwali and Indu Sijwali
Analytical Reasoning MK Pandey (For the chapters required for analytical reasoning)
A Modern Approach to Verbal & Non-Verbal Reasoning R.S. Aggarwal
English Language Objective General English SP Bakshi
Descriptive General English SP Bakshi and Richa Sharma
High School English Grammar and Composition Wren and Martin
Word Power Made Easy Normal Lewis
Computer Awareness Objective Computer Awareness S.N. Prasad/Kiran Publication
Objective Computer Awareness for General Competitive Exams Pillai/Arihant Publication
General Awareness Banking Awareness Arihant Publication
Static General Knowledge Arihant Publication
General Knowledge Lucent
Banking Awareness Handbook of Banking Information N.S Toor


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Frequently Asked Questions

Q1:  

What is the minimum educational qualification required for GIC Assistant Manager Recruitment?

A:  

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.

Q2:  

In how many stages will the GIC Assistant Manager recruitment process take place?

A:  

GIC Assistant Manager exam will take place in three stages- Online Test, Group Discussion and interview and medical examination.

Q3:  

Is the GIC Assistant Manager exam bilingual in nature?

A:  

Yes GIC Assistant Manager exam is bilingual i.e. English and Hindi except the English Language section which will be in English only

Q4:  

What documents a candidate needs to upload while filling the GIC Assistant Manager application form online?

A:  

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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