The General Insurance Corporation of India (GIC Re) conducts the recruitment for Assistant Manager (Scale-I Officers) annually. It is a prestigious opportunity for candidates aiming to secure a position in one of the top government insurance corporations. GIC Re holds a prominent position globally, being among the top 10 reinsurers in the world, with a wide presence across India and internationally. The recruitment process involves evaluating candidates across multiple streams, such as General, IT, Finance, Legal, and other specialized fields, ensuring that only the most capable individuals are selected for these roles.
The GIC Assistant Manager examination tests a candidate’s reasoning skills, numerical aptitude, English proficiency, and stream-specific knowledge, followed by a group discussion and interview. The competitive nature of the exam demands rigorous preparation and a comprehensive understanding of the syllabus. Candidates are advised to thoroughly prepare for both objective and descriptive sections, as a high standard of performance is expected at every stage of the selection process.
Below is the detailed syllabus, selection process, preparation strategies, and other important details to help candidates excel in the GIC Assistant Manager Examination.
GIC Assistant Manager Syllabus
| Exam Name | GIC Assistant Manager (Scale I) Recruitment 2024 |
| Conducting Body | General Insurance Corporation of India (GIC Re) |
| Post | Assistant Manager (Scale I) |
| Streams/Disciplines | General, Legal, Finance, IT, Engineering, etc. |
| Mode of Exam | Online Test |
| Selection Stages | Online Exam, Group Discussion (GD), Interview |
| Online Test Date | Tentatively 05 January 2025 |
| Total Vacancies | 110 |
| Job Location | Initial Posting at Mumbai; transferable across India & abroad |
| Official Website | www.gicre.in |
Selection Process for GIC Assistant Manager
The selection process for GIC Assistant Manager involves three key stages to ensure a comprehensive evaluation of the candidates:
- Online Examination:
- The online test includes objective and descriptive sections.
- Candidates are assessed on reasoning ability, numerical aptitude, English language, and technical or professional knowledge for specialist streams.
- Group Discussion (GD):
- Shortlisted candidates from the online exam participate in group discussions.
- The GD tests communication skills, analytical ability, and teamwork.
- Interview:
- Final-stage candidates face a personal interview.
- The interview panel evaluates personality, subject knowledge, and suitability for the role.
Important Notes:
- The online test, GD, and interview carry a combined total of 200 marks.
- Minimum qualifying marks:
- 60% for General/OBC candidates.
- 50% for SC/ST candidates.
- Candidates must secure the minimum qualifying marks in each stage to progress further.
Detailed Syllabus for GIC Assistant Manager
The GIC Assistant Manager examination has a well-structured syllabus that includes three parts:
- Part A: Higher-order reasoning or technical knowledge.
- Part B: Objective tests for reasoning, English, general awareness, numerical ability, and computer literacy.
- Part C: A descriptive test in English.
The syllabus for General Stream and Specialist Streams is outlined below:
1. Syllabus for General Stream Candidates
| Section | Topics | Marks | Questions |
|---|---|---|---|
| Part A – Higher Order Reasoning | Critical Thinking, Logical Analysis, Problem Solving | 40 | 40 |
| Part B – Objective Tests | |||
| i. Test of Reasoning | Puzzles, Syllogisms, Coding-Decoding, Input-Output | 20 | 20 |
| ii. Test of English Language | Grammar, Vocabulary, Sentence Rearrangement, Reading Comprehension | 25 | 25 |
| iii. General Awareness | Current Affairs, Insurance Awareness, Economy, Static GK | 20 | 20 |
| iv. Numerical Ability & Computer Literacy | Arithmetic, Data Interpretation, MS Office, Basics of Computers | 15 | 15 |
| Part C – Descriptive Test | Essay Writing, Precis Writing, Comprehension | 30 | 03 |
2. Syllabus for Specialist Stream Candidates
| Section | Topics | Marks | Questions |
|---|---|---|---|
| Part A – Technical Knowledge | Stream-Specific Professional Topics (e.g., IT, Finance, Legal, Actuarial Science) | 40 | 40 |
| Part B – Objective Tests | |||
| i. Test of Reasoning | Logical Reasoning, Puzzles, Syllogisms, Data Sufficiency | 20 | 20 |
| ii. Test of English Language | Grammar, Vocabulary, Essay Writing, Reading Skills | 25 | 25 |
| iii. General Awareness | Current Affairs, Financial Awareness, Insurance Terms | 20 | 20 |
| iv. Numerical Ability & Computer Literacy | Basic Arithmetic, Data Analysis, Number Systems, MS Excel | 15 | 15 |
| Part C – Descriptive Test | English Essay, Precis, and Comprehension | 30 | 03 |
Exam Highlights and Key Instructions
- Negative Marking: For each incorrect answer in the objective tests, ¼ mark is deducted.
- Language: The objective tests will be bilingual (Hindi/English), except for the English section.
- Descriptive Section: Candidates must type responses online. Answers are evaluated based on coherence, grammar, and relevance.
GIC Assistant Manager Subject-Wise Syllabus
The GIC Assistant Manager (Scale-I) Examination consists of three parts with multiple subjects under each. Below is the subject-wise breakdown of the syllabus to help candidates focus on each area effectively.
1. Higher Order Reasoning Ability (Part A)
This section is included in the General Stream. It assesses candidates’ ability to think logically and critically.
- Analytical Reasoning
- Critical Thinking
- Problem Solving and Decision Making
- Puzzles and Seating Arrangements
- Logical Deduction and Inferences
- Input-Output
- Data Sufficiency
2. Test of Reasoning (Part B)
This section is common to both General Stream and Specialist Streams.
- Coding-Decoding
- Blood Relations
- Direction Sense
- Syllogisms
- Inequalities
- Alphabet and Number Series
- Order and Ranking
- Statement-Assumption, Statement-Conclusion
- Analytical Puzzles (Linear, Circular, Floor-Based)
- Logical Arguments
- 3. Test of English Language (Part B)
This section tests the candidates’ knowledge of grammar, vocabulary, and comprehension skills.
- Reading Comprehension
- Sentence Rearrangement (Para Jumbles)
- Cloze Test
- Error Spotting and Sentence Correction
- Synonyms and Antonyms
- Idioms and Phrases
- Fill in the Blanks
- Grammar Rules (Tenses, Articles, Prepositions, Modifiers)
- Vocabulary Development
- Sentence Improvement
4. General Awareness (Part B)
This section focuses on assessing the candidates’ knowledge of current affairs and general topics, with a special emphasis on insurance and finance.
- Current Affairs: National and International Events
- Banking and Financial Awareness: RBI Policies, Monetary Policies, Recent Developments in BFSI
- Insurance Awareness: IRDAI Regulations, Principles of Insurance, History and Development of Insurance Sector
- Economic News and Budget Updates
- Government Policies and Schemes
- Static General Knowledge (Capitals, Currencies, National Parks, Important Days, Books & Authors, Awards, etc.)
5. Numerical Ability and Computer Literacy (Part B)
This section tests candidates’ quantitative skills as well as basic computer knowledge.
Numerical Ability Topics:
- Number Systems
- Simplification and Approximation
- Ratio and Proportion
- Percentages
- Profit and Loss
- Time and Work
- Speed, Time, and Distance
- Averages and Mixtures
- Data Interpretation (Tables, Graphs, Pie Charts, Bar Graphs)
- Simple and Compound Interest
- Quadratic Equations
- Problems on Ages
- Arithmetic Progression
Computer Literacy Topics:
- Basics of Computers (Hardware and Software)
- MS Office (Word, Excel, PowerPoint)
- Computer Networking
- Internet and Email Fundamentals
- Computer Security Concepts (Malware, Antivirus, Firewalls)
- Basics of Programming and Databases
- Cyber Security Awareness
6. Descriptive Test (Part C)
The descriptive section tests candidates’ written communication skills in English.
- Essay Writing: Current affairs, insurance industry, economic issues, social topics, and general topics of national importance.
- Precis Writing: Summarizing a given passage into key points with clarity.
- Comprehension: Answering questions based on a passage provided.
7. Technical and Professional Knowledge (Part A – Specialist Streams)
This section is applicable to candidates who have applied under specialist streams such as IT, Legal, Finance, Actuarial, and others. The syllabus varies based on the stream:
Finance:
- Financial Accounting and Management Accounting
- Ratio Analysis, Balance Sheets, and Cash Flow Statements
- Basics of Cost Accounting
- Indian Financial System and Markets
- Direct and Indirect Taxes
- Budgeting and Capital Management
- Financial Regulations in India
- Investment and Risk Management
Information Technology (IT):
- Programming Languages (C, C++, Java, Python, .Net)
- Data Structures and Algorithms
- Database Management Systems (SQL, NoSQL)
- Networking Concepts (OSI Model, TCP/IP, Firewalls)
- Cyber Security and Ethical Hacking
- Cloud Computing and Virtualization
- Basics of Operating Systems (Linux, Windows)
- Software Engineering Principles
Legal:
- Indian Constitution and Laws
- Contract Act and Company Law
- Law of Torts
- Civil and Criminal Law
- Insurance Laws and IRDAI Guidelines
- Consumer Protection Laws
- Legal Aspects of Banking and Finance
- Cyber Law and Intellectual Property Rights (IPR)
Actuarial:
- Actuarial Science Principles
- Probability and Statistics
- Mathematical Finance and Risk Analysis
- Insurance Act and IRDAI Regulations
- Actuarial Models and Valuation Techniques
Engineering (Civil, Electrical, Mechanical, Marine, Aeronautical):
- Core Engineering Subjects (based on discipline)
- Basics of Project Management
- Maintenance and Safety Standards
- Renewable Energy Concepts
- Engineering Mathematics
Importance of Subject-Wise Syllabus
The detailed, subject-specific syllabus allows candidates to create a structured study plan tailored to their stream and areas of focus. Candidates should balance their preparation across all parts of the exam while prioritizing sections with higher weightage.
By dedicating sufficient time to stream-specific knowledge, practicing reasoning and numerical problems, and improving written English, aspirants can increase their chances of success in the GIC Assistant Manager 2024 Examination.
By following a structured preparation strategy and maintaining discipline, candidates can excel in the GIC Assistant Manager 2024 examination and secure this coveted position.