Introduction : GIC Assistant Manager (Scale-I) Recruitment 2023
The General Insurance Corporation of India (GIC) has unveiled the Assistant Manager (Scale-I) Recruitment 2023, offering a lucrative opportunity for aspiring candidates. This comprehensive guide aims to navigate through essential details such as crucial dates, application fees, eligibility criteria, selection process, total posts, qualifications required, and stream-wise vacancies.
Key Information:
Important Dates:
- Starting Date: 23/12/2023
- Last Date: 12/01/2024, 11:59 PM
- Exam Date: 09/03/2024
- Admit Card: Available Soon
Application Fees:
- Gen/OBC/EWS: ₹1000/-
- SC/ST/PH: ₹0/-
- All Female Category: ₹0/-
- GIC Employees: ₹0/-
- Payment Mode: Online Mode
Age Limit Details:
- Age Limit: 21-30 Years
- Age Limit (as on 01/10/2023)
- Birthday: 02/10/1993 to 01/10/2002
- Age Relaxation as per Rules
Selection Process:
- Written Exam
- GD & Interview
- Document Verification
- Medical Examination
Total Post & Qualification:
- Post Name: GIC Scale I Officers
- Total Posts: 85
- Qualification: Degree in Related Stream
Stream Wise Vacancies:
- General: 16
- Aeronautical Engineering: 02
- Statistics: 06
- Marine Engineering: 01
- Economics: 02
- HR: 06
- Legal: 07
- Meteorologist: 01
- Actuary: 04
- … (and more)
Category Wise Vacancy:
- Gen: 35
- EWS: 06
- OBC: 26
- SC: 12
- ST: 06
- PH: 03
- Total: 85
How to Fill Online Form:
- Read the Full Notification before applying.
- Collect all necessary documents like eligibility proofs, ID, address details, and basic information.
- Prepare scanned documents related to the application form, such as photos, signatures, and ID proofs.
- Carefully check the preview and all columns before submitting the application form.
- If required to pay fees online or offline, follow the given steps.
- Submit the application form and take a printout of the final submitted form.
Important Links:
- Fill Online Form (Issued On 23/12/2023)
- Official Website (Issued On 23/12/2023)
This detailed guide ensures that candidates and readers gain comprehensive insights into the GIC Assistant Manager (Scale-I) Recruitment 2023. Stay tuned for further updates on exam dates and admit cards. “Wishing you every success in your application!”
JOB RESBONSIBILITIES
As an Assistant Manager (Scale-I) at the General Insurance Corporation of India (GIC), individuals would have various job responsibilities tailored to their specific streams or departments. Below are general outlines of responsibilities typically associated with this role:
Underwriting and Risk Assessment: Analyzing insurance applications, evaluating risks associated with different policies, determining coverage levels, and setting premiums accordingly. This involves assessing factors like the applicant’s risk profile, industry trends, and regulatory requirements.
Claims Management: Handling insurance claims efficiently and accurately. This includes verifying claim validity, investigating claim circumstances, assessing damages or losses, and coordinating with relevant parties such as policyholders, claimants, and legal experts.
Policy Administration: Overseeing the administration of insurance policies, including policy issuance, renewal, endorsements, and cancellations. Ensuring compliance with regulatory guidelines and internal policies while maintaining accurate records of policy transactions.
Customer Service and Support: Providing assistance and guidance to policyholders, agents, and brokers regarding insurance products, coverage details, and claims processes. Addressing customer inquiries, resolving complaints, and maintaining high levels of customer satisfaction.
Risk Management and Loss Prevention: Collaborating with risk management teams to identify, assess, and mitigate potential risks to the organization. This involves conducting risk assessments, implementing risk control measures, and developing strategies to minimize losses.
Market Research and Analysis: Monitoring industry trends, competitor activities, and market dynamics to identify emerging opportunities and threats. Conducting market research, analyzing data, and providing insights to support strategic decision-making and product development initiatives.
Compliance and Regulatory Compliance: Ensuring adherence to regulatory requirements, industry standards, and internal policies governing insurance operations. Staying updated on changes in regulations, implementing compliance procedures, and conducting periodic audits to mitigate compliance risks.
Team Management and Leadership: Leading and supervising a team of professionals within the department. Providing guidance, coaching, and mentorship to team members, fostering a collaborative work environment, and promoting a culture of excellence and continuous improvement.
Financial Analysis and Reporting: Analyzing financial data, preparing reports, and monitoring key performance indicators (KPIs) related to insurance operations. Evaluating financial risks, optimizing financial performance, and contributing to strategic financial planning initiatives.
Business Development and Relationship Management: Cultivating and maintaining relationships with key stakeholders such as clients, brokers, reinsurers, and regulatory authorities. Identifying business opportunities, negotiating contracts, and participating in marketing and promotional activities to expand the organization’s market presence.
These responsibilities may vary based on the specific department or stream within GIC and may require additional skills or expertise depending on the nature of the role. As an Assistant Manager (Scale-I), individuals are expected to demonstrate professionalism, integrity, and a commitment to excellence in fulfilling their duties within the organization
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