General Insurance Corporation of India Invites Application for Apprentice Recruitment 2022

General Insurance Corporation of India Mumbai Last Date: 6th May, 2022

Vacancy Circular No:

General Insurance Corporation of India (GIC)
invites applications for recruitment of Apprentice

Apprentice

Job Location:

Jamshedji Tata Road,
Churchgate
, Mumbai, 400020 Maharashtra
Last Date: 06 May 2022
Employment Type: Full Time

Number of Vacancy: 10 Posts

GIC Hiring For Apprentice Vacancies - 35000 Salary - Check More Details
GIC Hiring For Apprentice Vacancies - 35000 Salary - Check More Details Recruitment 2022 Details
Job Role Apprentice
Education Requirement B.A, B.Com, B.Sc, M.Com, M.Sc, PG Diploma
Total Vacancy 10 Posts
Job Locations Mumbai
Age Limit 21 years (completed) and not more than 27 years i.e. candidate should have been bom not earlier than 31.03.1995 and not later than 31.03.2001 both days inclusive, relaxation up to 30 years for OBCs and 35 years for SCs/STs. Age relaxation for PWD candidates is as per rules.
Experience Fresher
Salary 30000 - 35000(Per Month)
Posted on 26 Apr, 2022
Last Date To Apply 06 May, 2022

Educational Qualification: B.A, B.Com, B.Sc, M.Com, M.Sc, PG Diploma

GIC Re, the 'National Reinsurer of India' is a 13th largest Reinsurance Company with the network in India and abroad, is looking for Young, Energetic Graduatesl Post Graduates with Brilliant Academic record in the disciplines mentioned below to fill-in the positions of 10 Actuarial Apprentices, who have passed at least 2 actuarial subjects ( As per New Curriculum) of exam conducted by Institute of Actuaries of India (IAI) or Institute and Faculty of Actuaries,

1. Position: Actuarial Apprentices

2. Total Number of vacancies: 10 ( 7 Actuarial Apprentices for Non-Life & 3 Actuarial Apprentices for Life)

3. Qualification:

a. Graduation/Post Graduation in Science from recognized University with Mathematics or Statistics as main subject with 60% or more marks in aggregate, or

b. Graduation/Post Graduation in Commerce from recognized University with Statistics/ Actuarial Science as main subject with 60% or more marks in aggregate, or

c. Graduation in Arts with Actuarial Science as major subject from recognized University with 60% or more marks, or

d. Post-graduate Diploma in Actuarial Science with 50% or more marks (10% relaxation in marks for SC/ST candidates).

e. AND The candidate should have passed at least 2 actuarial subjects (As per New Curriculum) of exam conducted by Institute of Actuaries of India (IAI) or Institute and Faculty of Actuaries (IFOA).

4. Salary: 

i. 1st year: 30000/-

ii. 2 Year: 35000/-

Pay Scale:
INR
30000 - 35000(Per Month)

Age Limit: 21 years (completed) and not more than 27 years i.e. candidate should have been bom not earlier than 31.03.1995 and not later than 31.03.2001 both days inclusive, relaxation up to 30 years for OBCs and 35 years for SCs/STs. Age relaxation for PWD candidates is as per rules.

Selection Procedure

1. Interview/ Group Discussion (to be conducted only in Mumbai)

2. All eligible candidates will be called for interview/ Group Discussion and their selection will be based on their performance in Interview/ Group Discussion

3. Final Selection of candidates will be subject to Medical Examination.

4. Posting of selected candidates will be at Head Office of GIC Re.

5. The selected candidates will be for both the streams i.e. life and non-life and the number may vary depending on the requirement of the Corporation.

How to Apply:

1. Interested candidates may apply in the prescribed application form

2. Attach self-attested copies of the Caste Certificate (wherever applicable), School Leaving Certificate/ Matriculation Certificate showing Date of Birth or Birth Certificate separately, Degree Certificate & Mark-sheets, Certificate of the Actuarial subjects passed Affix passport size photograph at the right hand top corner of the application

3. Then send the scan copy of the application along with the other required documents to the email id [email protected]

4. The original application along with the original certificates are to be brought during the Interview/ Group Discussion.

5. The last date for submission of applications for Appointment of Actuarial Apprentices has been extended up to 6th May 2022.

6. Incomplete applications without the copies of the relevant certificates and those received late are liable to be rejected.

7. Corporation reserves the right to amend or alter any of the conditions mentioned above.


Important Dates:

Published on: 26 April 2022

Last date for application is: 06 May 2022

For more details, please refer to official notification at

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Past/Expired Recruitments

Job Details Closing Date
Actuarial Apprentice
( 20 Posts) Posts • Churchgate, Mumbai
7th December 2025
Company Secretary
( 01 Posts) Posts • -, Mumbai
30th June 2025
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"Suraksha", 170, Jamshedji Tata Road, Churchgate, Mumbai - 400 020 India
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