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GENERAL INSURANCE CORPORATION OF INDIA(GIC)

GIC Re, the ‘National Reinsurer of India’ is a 11th largest Reinsurance Company in the world with the network in India and abroad, is looking for Graduates / Post Graduates in the disciplines mentioned below to fill-in the positions of 44 Officers in the cadre of Assistant Manager (Scale-I) to be posted in Head Office, Mumbai and will be liable to be posted anywhere in India as well as abroad as per the requirement of the Corporation.

STREAM/DISCIPLINE MINIMUM EDUCATIONAL QUALIFICATIONS REQUIRED
FINANCE CHARTERERED ACCOUNTANTS

Graduation in any discipline with minimum 60% marks for General & OBC candidates (55% for SC/ST candidates) and candidates should have passed the Final examination of Institute of Chartered Accountants of India. Candidates should provide their membership number and the same will be verified with Institute of Chartered Accountants of India.

GENERAL

Graduation in any discipline with minimum 60% marks for General & OBC candidates (55% for SC/ST candidates).

LEGAL

Bachelor’s Degree in Law recognized by Bar council of India for the purpose of enrolment as an Advocate with a minimum of 60% marks for General & OBC candidates (55% for SC/ST candidates).

INSURANCE

Graduation in any discipline with minimum 60% marks for General & OBC candidates (55% for SC/ST candidates) and candidates should possess Post Graduate Degree/diploma in General Insurance/ Risk Management/ LifeInsurance/ FIII/ FCII.

Nationality :

A candidate applying for above vacancies in the Corporation must be either :
(a) a citizen of India or
(b) a subject of Nepal, or
(c) a subject of Bhutan, or
(d) a Tibetan refugee who came over to India before 1st January, 1962 with the intention of permanently settling in India , or (e) a person of Indian origin who has migrated from Pakistan, Burma, Sri Lanka, East African countries of Kenya, Uganda, the United Republic of Tanzania, Zambia, Malawi, Zaire, Ethiopia and Vietnam with the intention of permanently settling in India.
Provided that a candidate belonging to categories (b), (c), (d) and (e) shall be a person in whose favour a certificate of eligibility has been issued by the Government of India.

Age Criteria : Age

Minimum age : 21 years.
Maximum age : 30 years.
Candidate should have been born not earlier than 02.02.1991 and not later than 01.02.2000 both days inclusive.
Relaxation in upper age limit.

Schedule Caste / Scheduled Tribe 5 Years
Other Backward Class (eligible for reservation) 3 Years
Person with Disability(eligible for reservation) 10 Years
Ex-Servicemen / Disabled Ex-Servicemen (eligible for reservation) Actual period of service rendered in the defence forces + 3 years (8 years for Disabled Ex-Servicemen belonging to SC/ST) subject to a maximum age limit of 45 years
Widows, Divorced women and women legally separated from their husbands who have not remarried 9 Years
Existing Confirmed Employees of Public Sector General Insurance Companies (including GIC & Agriculture Insurance Company of India Ltd.) 8 Years

Selection Procedure :

The selection for the above post shall be on the basis of shortlisting of the candidates based on Online Test, and performance in Group Discussion and interview and medical examination. The total marks for Written Test, Group Discussion and Interview will be 200.

The scheme of online written examination is as follows :

FOR SPECIALIST
Max. Marks Number of Questions
PART A Technical & Professional Knowledge Test in the relevant discipline 40 40
(Objective)
PART B i Test of Reasoning 20 20
(objective) ii Test of English Language with special emphasis on grammar and vocabulary. 25 25
iii Test of General Awareness 20 20
iv Test of Numerical Ability & Computer Literacy 15 15
Part C(Descriptive) Test in English Language – Essay, precise and Comprehension 30 03
150 123
FOR SPECIALIST
Max. Marks Number of Questions
PART A Higher Order Reasoning Ability/Critical Thinking 40 40
(Objective)
PART B i Test of Reasoning 20 20
(objective) ii Test of English Language with special emphasis on grammar and vocabulary. 25 25
iii Test of General Awareness 20 20
iv Test of Numerical Ability & Computer Literacy 15 15
Part C(Descriptive) Test in English Language – Essay, precise and Comprehension 30 03
150 123

Minimum qualifying marks in the online test – 60% for General & OBC and 50% for SC /ST.
Minimum qualifying marks for overall selection process (online test, GD and Interview) – 60% for General & OBC and 50% for SC /ST.

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LIFE INSURANCE CORPORATION OF INDIA APPRENTICE DEVELOPMENT OFFICER

LIC ADO is known as Life Insurance Corporation of India Apprentice Development Officer. It is a sales administrative job. The Life Insurance Corporation (LIC) is a reputed insurance group and investment company in India. It is the most valued government insurance company in India. The Open Competitive exam is conducted for the recruitment of Apprentice Development Officer (ADO) once every year. It comprises of three stages- Preliminary, Mains and Personal Interview and conducted online. The application process is conducted through the official website of the Corporation.

Academic Qualification:

The minimum educational qualification to apply for the post of LIC ADO is that a candidate must have passed bachelor degree or its equivalent in any stream from a recognised university.

Age Limit:

The minimum age limit to apply for the post of LIC ADO is 21 years and the maximum age should be 30 years specified by LIC of India. But there is relaxation for the Candidates belonging to SC/ ST/ OBC category. The age limit for the different category is given table:

Category Age Limit
General 30 Years
OBC 33 Years
SC/ST 35 Years

Nationality:

To apply for the post of LIC ADO 2021, Candidates must be a citizen of India. It is one of the important eligibility criteria to apply for this post.

Work Experience:

The work experience level required for the post of LIC ADO, 2021 are:

Category LIC ADO Urban
LIC Employee Candidates must have three years of experience in a Grade- 3 post
LIC Agent Candidates must have 5 years of experience as a LIC agent
Open Category Minimum 2 years of service experience in life insurance sector

For LIC ADO rural, Candidates should have minimum of 5 years of service experience as a LIC Agent.

LIC ADO 2021, Prelims Exam Structure:

Topic Number of Questions Duration
Quantitative Aptitude 35 20 minutes
Reasoning Ability 35 20 minutes
English Language 30 20 minutes
Total 100 60 minutes/ 1 hour

LIC ADO 2021, Mains Exam Structure:

The exam pattern of LIC ADO 2021 varies for different categories. To appear for LIC ADO 2021 Mains exam, candidates have to clear the LIC ADO 2021, Prelims exam.

Exam pattern for Open Category, LIC ADO 2021 Prelims:

The exam pattern for LIC ADO 2021 for belonging to open category are mentioned in the below table:

Topic Number of Questions Marks
Reasoning Ability and Numerical Ability 50 50
General Language, Current Affairs and English Language 50 50
Insurance and Financial Marketing Awareness 50 50
Total 150 150

Exam pattern for LIC Employees, LIC ADO 2021, Mains:

Topic Number of Questions Marks
Reasoning Ability and Numerical Ability 25 25
General Language, Current Affairs and English Language 25 25
Insurance and Financial Marketing Awareness 50 100
Total 100 150

Exam pattern for LIC Agent, LIC ADO 2021, Mains:

Topic Number of Questions Marks
Reasoning Ability and Numerical Ability 25 10
General Language, Current Affairs and English Language 25 15
Insurance and Financial Marketing Awareness 50 125
Total 100 150

LIC ADO, 2021 Personal Interview

It is the second stage of examination. After clearing the LIC ADO Mains exams, Candidates will be called for Personal Interview. The Personal Interview consists of Aptitude based questions. The final merit list is prepared on the basis of aggregate marks obtained in Mains and personal Interview.

LIC ADO, 2021 Medical Test

Candidates who cleared the Personal Interview of LIC ADO, 2021 have to appear for Medical Test which is conducted by LIC India. Candidates who pass the Medical Test will be appointed for the post of LIC ADO exam.

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NEW INDIA ASSURANCE COMPANY LIMITED


New India Assurance Company Limited is a Mumbai-based Public Sector General Insurance Company established in 1919 by Sir Dorabji Tata and nationalized in 1973. It operates both in India and abroad. It has been rated AAA/STABLE by CRISIL indicating the highest degree of credit strength. It is the only direct insurer in India that has been rated A by AM Best, indicating its strength.

NIACL Eligibility Criteria:

General Criteria:

The age of candidate must be between 21 and 30.
Upper age relaxation has been provided for candidates of certain categories:

Category Relaxation
SC/ST 05 Years
OBC 3 years
PwDs 10 Years
Ex-servicemen/ Disabled Ex-servicemen The actual period of service + 3 years, subject to a maximum age of 45 years.
Widows, Divorced women & legally separated single women 5 years
J&K domiciled candidates during 1-1-80 to 31-12-89 05 Years
Existing Employees of NIACL 05 Years

Educational Criteria:

i- Candidates must have graduated in any stream from a recognized University.
ii- Candidates must have English in SSC/HSC/Intermediate/Graduation as a subject.
iii- Candidate must be proficient in the state language of the state from where he/she has applied.

NIACL Assistant Exam Pattern:

Exams for NIACL are conducted on 2 levels, i.e., Preliminary and Mains. The preliminary Exam is of 1-hour duration and Mains is of 2 hours duration. The below tables indicate the pattern of the paper.

NIACL Assistant Preliminary Test Exam Pattern:

NIACL Prelims consists of 3 sections. Quantitative Ability, Logical Reasoning, and English. Each section is of 20 minutes duration and has to be attempted in the allotted time only. No. of questions is 100, and the maximum marks that can be obtained are also 100.

Sr. No. Test Name No. of Question Maximum Marks Duration
1 English Language 30 30 00 minutes
2 Logical Reasoning 35 35 20 minutes
3 Qualitative Aptitude 35 35 20 Minutes
Total 100 100 1 Hours

NIACL Assistant Mains Exam Pattern:

NIACL Mains has 5 sections including Quantitative Ability, Logical Reasoning, English, General Awareness, and Computer. There are 40 questions in each section, and the total duration of the exam is 2 hours. The total no. of questions is 200, and the maximum marks that can be obtained are 250.

Test Name No. of Question Maximum Marks Duration
Qualitative Ability 40 50 2 Hours
English Language 40 50
Logical Reasoning 40 50
General Awareness 40 50
Computer 40 50
Total 200 250

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