Banking
GIC Re Scale I Officer 2026
General Insurance Corporation of India
Mode
Online
Level
Graduate
Vacancies
100+
Fee
₹600 (Gen/OBC), ₹100 (SC/ST/PH)
Key dates
Application Start
May 2026
Application Deadline
Jun 2026
Phase 1 (Online Exam)
Aug 2026
Phase 2 (Descriptive + Interview)
Sep 2026
Final Result
Nov 2026
Eligibility
- Graduation with minimum 60% marks; Commerce, Economics, Statistics, Law, or Engineering preferred
- PGDM/MBA preferred for some specialist posts; actuarial qualification advantageous
- Age limit: 21 to 30 years (general); OBC: 33 years; SC/ST: 35 years; PH: 40 years
- Indian citizenship required; relevant post-qualification work experience is an added advantage
Syllabus
- Reasoning Ability
- Quantitative Aptitude
- English Language
- General Awareness (finance, economy, insurance)
- Professional Knowledge (Reinsurance, Finance, IT, Legal, or Actuarial depending on discipline)
Exam Pattern
- Phase 1 (Online Objective Exam): Reasoning, Quantitative Aptitude, English, General Awareness — qualifying in nature
- Phase 2: Descriptive Test (Essay + Comprehension in English) + Interview
- Final selection based on Phase 2 Descriptive Test and Interview marks combined
- Discipline-specific professional knowledge assessed during Interview
- Negative marking applies in Phase 1 objective section
Exam overview
GIC Re Scale I Officer 2026 is conducted by the General Insurance Corporation of India — the country's sole national reinsurer and one of the top 15 reinsurers in Asia — to recruit Scale I Officers across disciplines including Finance, Actuarial, IT, Legal, and Reinsurance. The role offers a Pay Scale of Rs. 32,795–57,390 per month with a total CTC including perks of approximately Rs. 12–14 lakh per annum, significantly higher than most public sector insurance recruitments at the same grade.
The GIC Re Scale I selection process includes a two-phase examination: Phase 1 is an online objective test (qualifying), followed by Phase 2 comprising a Descriptive Test and Interview. Candidates must demonstrate strong professional knowledge in their chosen discipline. For Reinsurance and Finance streams, topics include treaty and facultative reinsurance, financial reporting, and risk management. Aspirants should prepare for approximately 4–6 months, with equal focus on standard aptitude topics and specialized professional knowledge. The total selection timeline spans about 6–8 months from notification.
Preparation tip
Start with the syllabus topics listed above, then practice timed mock tests and revise previous year questions weekly.