Searching For GIC Recruitment Requires One To Be Alert Towards GIC Job News
It’s been long since GIC recruitment has been in demand among the Indian public and such recruitment have been held with the highest respect in the country. People from all regions and irrespective of caste, creed and religion have a favoured opinion towards such GIC jobs and the reasons have been many with lots of debates in favour and against them. If one is looking for a recruitment in the GIC, there are many best options. The GIC jobs have lot of security, benefits and have a steady paycheck. This is the reason why more and more people are being drawn towards GIC vacancies.
Educational Qualification to Apply for GIC Recruitment
A bachelor’s degree or an associate’s degree is required by most of the GIC jobs. However due to the recent economy, master’s degree is also being required by the GIC jobs. A person is permitted for substitution of job experience in most of the jobs. In addition to the educational requirements, a person should submit the proper documents and read the job announcement properly.
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.
Government jobs come up and the recruitment process has to be done by authorised government bodies such as the public service commission, railway recruitment board for railway jobs, etc. These jobs are published in the employment news at regular intervals which might be once in a year or sometimes not unless there is a group of vacancies. For getting through jobs in the GIC, people therefore will need to wait and look at the government employment news to see if the jobs fitting the candidates qualification has been published or not. The scenario is not like the private sector, where the jobs can be taken up by walking in or applying anytime. Due to the rules laid down which tend to carry on for long years, those interested in such jobs need to keep their eyes and ears open, if they are to get into the services of their choice and those which are commensurate with the qualifications.
How to Get Latest GIC Recruitment Alert?
A notification is sent via email by most of the GIC recruitment when the person applies for the job. If you are looking for free job alert then following this page. This notification is usually sent once the job vacancy is closed. A numerical score is given to the applicants for each job that is applied. There are some factors due to which the score of the applicants is affected. These factors include the KSA questionnaire, resume weight, education, disability rating and veteran’s preference. If the score is high, the chances for getting the job are also very high. All the necessary documentation should be submitted when a person is applying for the job. If there are failures in submission, there may be delays in processing of applications. Sometimes the authorities completely refuse to take the applications. One should ensure that proper documentation is submitted for every job announcement that one wishes to apply to for.
Best Way to Crack GIC Jobs Interview
With the demanding trends of job market people are getting nerves for cracking the codes. Prom the perspective of GIC job is the 1st choice. In every Indian heart there is a soft corner for government jobs and every father wants his son to be a government job holder. Indian mindset is more biased towards stability and security with government jobs. However, the scenario has changed and people face stiff competition even with a government job. It has become a matter of pride to be in the Government sector than miss in the mass of private sectors. Whatever sectors you may choose as your career option the introductory procedures are nevertheless equal. You have to appear before skill tests and interviews to crack the rock. With the rise of demand for government jobs the interviews are becoming stiffer and thorny. Adequate homework and per-preparation with these simple yet effective tips can help to crack government job interviews.
Top GIC Recruitment Bringing Freshers In Large Numbers
A very important change that the 21st century has brought in the Indian society is the manner in which people are looking at GIC jobs. In almost every aspect of jobs, the GIC is becoming the first choice for people, who are passing out freshly from colleges and for those who are already in a profession. Everyone seems to be seeking a job in a GIC organization. Be it an engineer, or even a clerk, the GIC jobs are attracting people in large numbers. One of the major areas where students are queuing up for jobs in government is the IT sector. The information technology jobs in India as well as abroad, were quite many. And students immediately after passing out were readily absorbed into these jobs, quite easily.
But since the jobs have also been opening up in the government sectors, students are trying to come into these jobs. With factors being favorable for the freshers, such as stability, pay, and promotions, these, government IT jobs are becoming demanded. Computer is being utilized in various aspects of government.