GIC Recruitment 2024

GIC Recruitment 2024

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GIC Recruitment 2024 has released a new GIC Recruitment 2024 notification for 2024, targeting individuals interested in the role of Actuarial Apprentice. This opportunity is ideal for candidates seeking to establish a career in the insurance sector, particularly in actuarial science. The available positions are based in GIC’s Head Office, Mumbai, and present a chance for eligible candidates to join a prestigious government organization.

GIC Recruitment 2024

About

GIC Recruitment 2024 is one of the leading reinsurance companies globally and plays a vital role in the Indian insurance industry. Established in 1972, GIC Recruitment 2024 has been instrumental in the development of the insurance market in India and abroad. The corporation is now seeking to recruit Actuarial Apprentices for its Life and Non-Life business sectors. This GIC Recruitment 2024 drive is part of GIC’s ongoing efforts to build a robust and skilled workforce capable of meeting the dynamic needs of the insurance industry.

Overview

Organization NameGeneral Insurance Corporation of India (GIC)
Job NameActuarial Apprentice (Life & Non-Life Business)
Total Vacancies12
Start Date20th June 2024
Last Date to Submit Application8th July 2024
Official Websitewww.gicre.in

Position and Number of Vacancies

PositionNumber of Vacancies
Actuarial Apprentice (Life)6
Actuarial Apprentice (Non-Life)6

Education Qualification and Eligibility

Educational Qualifications

  • Candidates must possess a Graduate/Post Graduate degree or a Post Graduate Diploma in relevant disciplines.
  • Applicants should have passed at least two subjects in the examination conducted by the Institute of Actuaries of India (IAI) or the Institute and Faculty of Actuaries, UK.

Age Limit (As on 01.06.2024)

  • Minimum Age: 21 years
  • Maximum Age: 27 years
  • Age relaxation is applicable as per government norms.

Stipend

  • 1st Year Stipend: ₹30,000 per month
  • 2nd Year Stipend: ₹35,000 per month

Training Period

  • The training period for the selected candidates will be 2 years.

Selection Process

  • Interview: Candidates will be shortlisted based on their performance in the interview.
  • Group Discussion: Shortlisted candidates will participate in a group discussion to assess their communication and analytical skills.
  • Medical Examination: Final selection will be subject to medical fitness as per GIC standards.

Application Fee

  • The official notification does not specify an application fee. Candidates are advised to refer to the official advertisement for detailed information.

Additional Information

  • Required Documents: Candidates must submit essential documents such as educational certificates, age proof, and any other documents specified in the notification.

How to Apply

To apply for the GIC Actuarial Apprentice positions, candidates must follow these steps:

  1. Visit the Official Website: Go to www.gicre.in.
  2. Navigate to Careers: Click on the ‘People Resources’ section and then select ‘Careers’.
  3. Find the Notification: Look for the detailed advertisement titled “Appointment of Actuarial Apprentice 2024”.
  4. Read the Notification: Thoroughly read the notification to understand the eligibility criteria and other details.
  5. Fill the Application Form: Click on the “MS Form link” provided for Actuarial Apprentice applications. Fill in the form carefully with all the required details.
  6. Submit the Form: After completing the form, review the details and submit the application before the deadline.

Important Links

Conclusion

The GIC Recruitment 2024 for Actuarial Apprentice positions is an excellent opportunity for aspiring actuarial professionals to kickstart their careers with a reputed organization. With competitive stipends, structured training, and the chance to work in a dynamic industry, selected candidates will gain valuable experience and exposure. Interested and eligible candidates should not miss this chance and ensure they apply before the deadline of 8th July 2024. For further details, refer to the official notification on the GIC Recruitment 2024 website. Stay updated with ugwapk.in for the latest updates on this and other recruitment opportunities

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