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GIC Recruitment

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GIC of India (GIC Re) is the sole reinsurance company in the Indian insurance market with over four decades of experience. If you want to recruit yourself in GIC then you can find out all the details regarding GIC recruitment on this page.

Listwise details of various posts, vacancies, salary, eligibility criteria and application process for recruitment in GIC

  • Assistant Manager
    Post Name Assistant Manager Scale -I No of Vacancy 33 Posts Pay Scale Rs. 32795-62315 - Educational Qualification Graduate in Engineering, Medical, Finance, IT, Law,CS etc. Age Limit Minimum Minimum age limit is 21 to 30 years As on 27.03.2017 Age Relaxation SC ST Candidates 5 years, OBC Candidates 3 years Persons with Disability Candidates 10 years Job Location All India Selection Process Selection will be based on Written Test, Group Discussion Interview . Application Fee Candidates have to pay Rs. 500 - through online. How to Apply Interested Candidates may apply Online through website http gicofindia.com from 08.03.2017 to 27.03.2017 thereafter website link will be disabled. GIC of India was the sole reinsurance company in the Indian insurance market with over four decades of experience......
  • Recruitment For Assistant Manager
    Post Name Assistant Manager No of Vacancy 20 Posts Pay Scale Rs. 32795-62315 - Educational Qualification Graduate or B.Com or BE B.Tech in Mechanical Aeronautical or LLB B.L. Nationality Indian Age Limit 21 to 30 years As on 23.03.2016 Age Relaxation SC ST Candidates 5 years OBC Candidates 3 years Persons with Disability Candidates 10 years Job Location All India Selection Process Selection will be based on Written Test, Group Discussion Interview . Application Fee Candidates have to pay Rs. 500 - through online. How to Apply Interested Candidates may apply Online through website www.nhb.org.in from 23.03.2016 to 11.04.2016. Important Dates to Remember Starting Date for Submission of Online Application 23.03.2016 Last Date For Submission of Online Application 11.04.2016 Tentative Date of online......
  • Government Job Hindi Officer
    Post Name Assistant Managers Scale-I No of Vacancy Not Specified Pay Scale Rs.17240-32640 - Post Name Hindi Officer No of Vacancy Not Specified Pay Scale Rs.17240-32640 - Educational Qualification For Assistant Managers Graduate in any stream. For Hindi Officer Post Graduate in Hindi with English as one of the subjects in Graduation or Post Graduate in English with Hindi as one of the subjects in Graduation. Age of Relaxation Scheduled Caste Scheduled Tribe 5 years Other Backward Classes 3 years Persons With Disability 10 years Selection Process Selection will be based on Written Test On-Line or Off- Line and Personal interview. How to Apply Interested Candidates may apply in prescribed application form along with self-attested copies of the Proof of Date of Birth, qualifications, Disability......

About Gic

Gic Jobs

General Insurance Corporation of India (GIC) was formed in pursuance of Section 9(1) of GIBNA.mIt 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.

After a process of mergers among Indian insurance companies, four companies were left as fully owned subsidiary companies of GIC

The next landmark happened on 19th April 2000, when the Insurance Regulatory and Development Authority Act, 1999 (IRDAA) came into force.

This Act also introduced amendment to GIBNA and the Insurance Act, 1938. An amendment to GIBNA removed the exclusive privilege of GIC and its subsidiaries carrying on general insurance in India.

In November 2000, GIC was renotified as the Indian Reinsurer and through administrative instruction, its supervisory role over the four subsidiaries was ended.

With the General Insurance Business (Nationalisation) Amendment Act 2002 (40 of 2002) coming into force from March 21, 2003; GIC ceased to be a holding company of its subsidiaries.

The ownership of the four erstwhile subsidiary companies and also of the General Insurance Corporation of India was vested with Government of India.

 

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