The General Insurance Corporation of India (GIC) has released GIC Assistant Manager notification for the recruitment of assistant managers in scale 1 with a total of 85 vacancies. The application process has already begun on December 23, 2023 and the last date to apply is January 12, 2024. The GIC Assistant exam dates are scheduled to take place in February 2024.
If you are interested in pursuing a career as an assistant manager at GIC, it is important to start preparing for the exam well in advance. In this blog, we will provide you with a comprehensive guide on how to effectively prepare for the GIC Assistant Manager Exam.
GIC Assistant Manager Exam Overview 2024
The General Insurance Corporation of India (GIC) is the eleventh largest reinsurance company globally, with a strong presence in India and abroad. It was established on November 22, 1972, as a private limited company under the Companies Act, 1956. Initially, GIC was the sole reinsurance company in the Indian insurance market, until foreign reinsurance players were allowed to enter.
The company’s headquarters are located in Mumbai. GIC recently announced a GIC Assistant Manager recruitment notification for the position of Assistant Manager (Scale 1) with 85 vacancies in various fields such as General, Hindi, Statistics, Legal, HR, Insurance, Engineering, IT, Agriculture Science, and more.
| Conducting Authority | IBPS |
| Official Website | www.gicofindia.in |
| Post | Assistant Manager (Scale 1) |
| Mode of Application | Online |
| No. of Vacancies | 85 |
| Online Registration commences | December 23, 2023 |
| Last Date for Online Registration | January 12, 2024 |
| Payment of Application fees | December 23, 2023 to January 12, 2024 |
| Date of Online Examination | February 2024 (Tentative) |
| GIC Assistant Manager 2024 Notification [PDF] | |
GIC Assistant Manager Vacancy
The GIC Assistant Manager recruitment for the year 2023-24 is a countrywide examination that seeks to hire eligible Indian citizens for 85 Assistant Manager Officer positions under Scale I. The distribution of vacancies for GIC Assistant Manager is allocated based on categories, ensuring a fair distribution of opportunities. This approach encourages qualified individuals from diverse backgrounds to apply, promoting inclusivity and representation. Aspirants are advised to thoroughly review the detailed notification to obtain complete information regarding the application process and the vacancy distribution for specific categories.
| STREAM/ DISCIPLINE | NO. OF VACANCIES |
| HINDI | 1 |
| GENERAL | 16 |
| ECONOMICS | 2 |
| HR | 6 |
| ENGINEERING | 11 |
| IT | 9 |
| ACTUARY | 4 |
| INSURANCE | 17 |
| MEDICAL (MBBS) | 2 |
| HYDROLOGIST | 1 |
| GEOPHYSICIST | 1 |
| AGRICULTURE SCIENCE | 1 |
| NAUTICAL SCIENCE | 1 |
| TOTAL | 85 |
Understand the Exam Pattern and Syllabus
The first step in preparing for any exam is to thoroughly understand its pattern and syllabus. The GIC Assistant Manager Exam consists of three stages – the written exam, group discussion and the interview. For exam preparation make sure to follow a comprehensive GIC Assistant Manager exam pattern and syllabus.
a. Online Test:
- The online test is divided into two sections – Objective and Descriptive.
- The Objective section consists of multiple-choice questions (MCQs) covering various topics such as reasoning, English language, general awareness, numerical ability, and computer knowledge.
- The Descriptive section assesses your writing skills and can include topics like essay writing, letter writing, or comprehension.
- Time management is crucial in the online test, so practice solving mock tests within the given time frame.
b. Group Discussion (GD):
- Clear communication skills and the ability to articulate your thoughts are essential.
- Stay updated with current affairs and have a strong hold on diverse topics.
- Practice participating in group discussions with friends or in online forums.
c. Interview:
- Prepare for commonly asked questions, both technical and non-technical.
- Focus on your resume and be ready to explain your achievements and experiences.
- Stay updated with insurance-related news and trends to showcase your interest in the field.
Syllabus and Recommended Books:
a. Reasoning:
- Analytical reasoning
- Verbal and non-verbal reasoning
- Blood relations
- Coding-decoding
- Number series
b. English Language:
- Grammar and vocabulary
- Reading comprehension
- Error detection
- Sentence completion
- Synonyms and antonyms
c. General Awareness:
- Current affairs (national and international)
- Economic affairs
- Insurance-related news
- Sports and awards
- Books and authors
d. Numerical Ability:
- Number system
- Simplification and approximation
- Data interpretation
- Percentage, profit and loss
- Time and work
e. Computer Knowledge:
- Hardware and software concepts
- Networking and internet
- Operating systems
- MS Office
- Computer abbreviations
Recommended books:
- “A Modern Approach to Verbal and Non-Verbal Reasoning” by R.S. Aggarwal
- “Objective General English” by S.P. Bakshi
- “General Awareness – 2019” by Manohar Pandey
- “Quantitative Aptitude for Competitive Examinations” by R.S. Aggarwal
- “Objective Computer Knowledge and Literacy” by Kiran Prakashan
Create a Study Plan
Once you are aware of the exam pattern and syllabus, it is advisable to create a study plan to ensure systematic and organized preparation. Allocate sufficient time to each section based on your strengths and weaknesses. Break down the topics into smaller sections and cover them one by one.
Regularly revise what you have learned to retain the information. Focus on practicing mock tests and previous year question papers to familiarize yourself with the exam pattern and improve your speed and accu
Gather Study Material
Gather all the necessary study material required for the exam. Look for reliable sources such as GIC Assistant Manager online courses, previous years’ question papers, and online resources that cover the entire syllabus.
It is important to select the right study material to ensure you are well-prepared. Look for books that are recommended by experts and have a good reputation for helping candidates in their preparation.
Practice Previous Years’ Question Papers
One of the most effective ways to prepare for the GIC Assistant Manager Exam is by practicing GIC Assistant Manager Exam previous years’ question papers. This will not only give you an idea about the exam pattern but will also help you understand the type of questions asked and the level of difficulty. Allocate dedicated time for solving these papers and analyze your performance to identify your strengths and weaknesses.
Take Mock Tests
Mock tests are a great tool to assess your preparation level. They simulate the actual exam environment and help you identify your areas of improvement.
Take GIC Assistant Manager mock tests regularly to get a real-time experience and improve your time management skills. After each mock test, analyze your performance and work on the areas where you made mistakes. This will help you build your confidence and improve your accuracy.
Improve Speed and Accuracy
Speed and accuracy are crucial in any competitive exam. Practice solving questions as quickly as possible without compromising on accuracy.
Regular practice will help you improve your speed and develop strategies to solve problems more efficiently. Solve puzzles, practice mental calculations, and focus on time management to enhance your performance in the exam.
Stay Updated with Current Affairs
The general awareness section of the GIC Assistant Manager Exam tests your knowledge of current affairs. Stay updated with the latest news and events by reading daily newspapers, magazines, and watching news channels.
Make notes of important topics and revise them regularly. Additionally, you can refer to Beepedia and banking magazines that provide curated content for competitive exams.
Time Management and Exam Day Tips:
a. Time Management:
- Plan and prioritize your study schedule efficiently.
- Allocate specific time slots for each subject.
- Avoid procrastination and stick to the timetable.
b. Exam Day Tips:
- Get a good night’s sleep before the exam day.
- Start the day with a healthy breakfast.
- Read the instructions carefully before attempting the questions.
- Manage your time wisely during the exam.
- Stay calm and confident throughout.
Stay Calm and Confident
Lastly, it is important to stay calm and confident throughout the preparation journey. Maintain a positive mindset and believe in your abilities. Avoid unnecessary stress and anxiety by practicing yoga, meditation, or any other form of relaxation techniques.
Surround yourself with a supportive environment and seek guidance from mentors or successful candidates who have cleared similar exams. Remember, consistent effort, dedication, and self-belief are the keys to success.
Conclusion
Preparing for the GIC Assistant Manager Exam requires systematic planning, regular practice, and dedication. Follow the tips mentioned above and create a customized study plan that suits your strengths and weaknesses. Stay focused, stay determined, and give your best in the exam. Good luck!
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