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GIC Assistant Manager Exam Guide: All you need to know

Updated on 30 September 2020
study24x7
Banking/IRDA
28 min read 2 views
Updated on 30 September 2020


India's General Insurance Corporation (GIC) is a state-owned company in India. It is located in Mumbai with a registered office and head office. India's General Insurance Company (GIC of India) conducts a GIC Assistant Manager exam for the position. GIC Assistant Director is among the most sought-after Indian Insurance Industry insurance tests. GIC carries out this recruiting test periodically for 'Assistant Managers,' (i.e., Generalist & Specialist) Scale I post vacancies.


You will be eligible for a job at GIC after qualifying for the GIC Assistant Manager Exam and can be hired as an Assistant Manager at the highly regarded General Insurance Corporation.


GIC Assistant Manager Exam Dates:


Candidates should check the official GIC Assistant Manager Notification released on the official portal of GIC. Tentative test dates for the Exam are provided below:



Exam Dates

Tentative Exam dates

Online Application Process

August 2020

Last Date for Application Process

August 2020

Availability of Admit Cards

September 2020

Exam Date 

October 2020

Results 

To be announced



Eligibility Criteria:


Overall, there are two requirements on which a candidate's eligibility for the role of GIC Assistant Manager Exam is assessed- Age Limit and Educational Qualification. If you meet the conditions set by GIC for age and education then you are qualified to appear for the exam.


A. GIC Assistant Manager Age Limit (as per 21 August 2020)


  1. Minimum Age – 21 years
  2. Maximum Age – 30 years
  3. Relaxations in Upper Age Limit
  4. SC/ST – 5 years
  5. OBC – 3 years
  6. PwD (Person with Disabilities) – 10 years
  7. and others as per Government norms.


B. Minimum requirements for GIC AM in education (as of 21 August 2020)


Graduates in Engineering/Finance/Commerce/Law/IT etc, with at least 60 percent aggregate scores in the General & OBC candidates' certificate exam & at least 55 percent marks for SC/ST applicants.


Total Vacancy:


Last year i.e. in 2019, GIC reported 25 vacancies for GIC Corporation's Assistant Manager role. The 2020 vacancies are yet to be announced later this year.


Application Process:


You can only apply for the GIC Assistant Manager Exam via Online mode. To apply for GIC AM Exam online for GIC of India, follow the steps below:


  1. You may register via General Insurance Corporation's official site. 


  1. Application fees must be payed online using Debit Card / Credit Card / Internet Banking / Cash Cards / Wallets, etc. 


  1. Use a valid email ID that is to remain active until results are announced.


  1. You will keep a scanned image and signature available as set out in the official notification. 


  1. Send the Request Form. 


  1. For reference purposes, take out the Print Off of the Application Form.


You should be able to apply your GIC Assistant Manager Form successfully by taking those steps above. For more information on the same, check the GIC Assistant Manager Notification on it's official website.


Admit Card:


Applicants who are successfully registered for the exam will be able to access their GIC exam admit card/call letter from the corporation's official website. The call letter from the GIC includes all essential details, such as the name of the candidate, the date of the exam, the time of the exam, and the address of the exam center. Candidates should preserve this admit card as they have to carry it for the examination. Without the admit card, candidates are not allowed to give the examination.


Salary Structure:


In addition to other allowances and benefits, the basic salary for the GIC 2020 Scale 1 Officers or Assistant Managers would be Rs 32, 795/- per month. The total gross salary of GIC Assistant Managers is around Rs. 59,000 Rs. per month.


Selection Process:


The applicant who has applied for vacancies in GIC Assistant Manager will be subject to the Selection process:

  1. Written Test 
  2. Group Discussion and Interview


Exam Syllabus: 


A clear idea of the GIC Assistant Manager's Syllabus and exam pattern is needed if you wish to prepare better for the GIC exam. GIC Assistant Manager Recruitment has two stages which are Written Test and panel discussion & interview. In this article, we shared the detailed syllabus for GIC Assistant Manager covering all Quantitative Aptitude subjects, English Language, Reasoning, Computer Literacy, General Consciousness, and Concise Test.


The exam syllabus for the GIC Assistant Manager is given below:


General Awareness: 


  1. Current Affairs – 
  2. National & International
  3. Awards and Honors 
  4. Abbreviations
  5. Banking Awareness
  6. Science – 
  7. Inventions & Discoveries
  8. Important Days
  9. International & National Organizations 
  10. Union Budget
  11. Sports 
  12. Important Financial & Economic News
  13. Five Year Plans
  14. Books and Authors
  15. Countries & Capitals


English: 


  1. Adverb
  2. Error Correction
  3. Sentence Rearrangement
  4. Articles
  5. Comprehension
  6. Fill in the Blanks
  7. Verb
  8. Tenses
  9. Subject-
  10. Verb Agreement 
  11. Vocabulary
  12. Grammar
  13. Unseen Passages
  14. Synonyms
  15. Idioms & Phrases
  16. Antonyms


Reasoning: 


  1. Number Series
  2. Non-Verbal Series
  3. Mirror Images
  4. Cubes and Dice 
  5. Embedded Figures
  6. Coding-Decoding
  7. Alphabet Series
  8. Number Ranking
  9. Arithmetical Reasoning
  10. Directions, Analogy
  11. Decision Making
  12. Blood Relations
  13. Clocks & Calendars


Numerical Ability: 


  1. Average
  2. Simplification 
  3. Time and Work
  4. Profit and Loss
  5. Time and Distance 
  6. Ratio and Proportions
  7. Number System 
  8. Decimal & Fractions 
  9. Percentages
  10. Problems on Ages
  11. Mixtures & Allegations 
  12. HCF & LCM 
  13. Simple & Compound Interest 
  14. Data Interpretation


Computer: 


  1. Operating System
  2. MS Excel – Spreadsheets
  3. Computer Software
  4. MS Word – Word Processing 
  5. Computer Fundamentals
  6. MS Power-Point – Presentation 
  7. Internet Usage

The applicants can prepare for the exam by following the above syllabus.


Exam Pattern for the GIC Assistant Manager:


The knowledge of exam pattern is very important while preparing for the GIC assistant manager exam. Candidates should first check the exam pattern and then proceed with their preparation.

The exam pattern of the GIC Assistant Manager is given below:


PART

Exam Type

Subject

No. of Question

Total Mark

Duration

PART - A

Objective

Higher-Order Reasoning Ability/Critical Thinking

40

40

30 Minutes

PART - B 

Objective

Reasoning

20

20

60 Minutes

 

 

English Language

20

20

 

 

 

General Awareness

20

20

 

 

 

Numerical Ability & Computer Literacy

20

20

 

PART - C

Descriptive

English Language – Essay, precis, and Comprehension

30

03

60 Minutes



Cut Off:


GIC Assistant Manager Cut off marks will discuss from previous years and expected cut-off marks for 2020. Candidates can check the links below to get GIC India Result 2020 details for 25 Assistant Manager Scale 1 Posts for Staff. Upon release, the merit list can be reviewed at www.gicofindia.in.


This was the complete GIC Assistant Manager Exam Guide. Clearing this exam will bring many new opportunities for candidates as they become a part of this position. Hence, one should prepare for this exam thoroughly. Good luck to all the GIC Assistant Manager Exam aspirants!





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