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General Insurance Corporation of India
PermanentDec. 8, 2025

GIC Re Recruitment 2025 for 20 Actuarial Apprentice Posts

Vacancies
20
Pay Scale
Rs. 50,925 - 96,765/- (Post-absorption)
Age Limit
21-27 years

Important Dates

Published

Nov. 17, 2025

2

Starts

Nov. 17, 2025

3

Deadline

Dec. 7, 2025

4

Exam Date

TBA

GI

General Insurance Corporation of India

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Job Analysis

AI-generated insights

Best-Fit Profile

Graduates or Postgraduates with a strong quantitative aptitude, demonstrated by clearing at least two actuarial science exams. This role is perfect for aspiring actuaries seeking a direct entry into a prestigious public sector reinsurance company, with a clear career path to a Scale I Officer position.

Important Considerations

Candidates without a background in actuarial studies (at least 2 papers cleared from IAI/IFoA) are not eligible. Individuals not comfortable with a two-year apprenticeship period before permanent absorption should also reconsider.

Career Impact

Joining GIC Re, India's national reinsurer, offers significant prestige and career stability. The role provides specialized training and a direct route to a managerial (Scale I Officer) position, ensuring excellent long-term growth prospects in the niche and lucrative field of actuarial science.

Note: This is a helpful, AI-generated overview designed to save you time. Always refer to the official PDF notification for complete and final details.

About General Insurance Corporation of India

GIC Re, known as the 'National Reinsurer of India', is the 9th largest reinsurance company globally. It operates an extensive network both within India and internationally, playing a crucial role in the insurance sector.

Job Posts

Actuarial Apprentice

Eligibility Criteria

Educational Qualification

  • Degree: Graduation or Post Graduation in any discipline from a recognized University.
  • Minimum Marks: Must have secured 60% or more marks in aggregate. A relaxation of 10% in marks is provided for SC/ST candidates.
  • Professional Qualification: Candidates must have passed at least 2 actuarial subjects from the Institute of Actuaries of India (IAI) or the Institute and Faculty of Actuaries (IFoA), UK.

Age Limit Details

Candidates must be between 21 and 27 years of age as of 01-11-2025. This means they should have been born not earlier than 01-11-1998 and not later than 01-11-2004. Age relaxation is applicable for reserved categories:

  • OBC: 3 years
  • SC/ST: 5 years
  • PWD: As per government rules
Check Your Age Eligibility

Salary & Pay Scale

Initially, apprentices will receive a monthly stipend. This will be Rs. 40,000 in the first year and Rs. 45,000 in the second year.

Upon successful absorption as an Assistant Manager (Scale I Officer), the employee will be placed in the pay scale of Rs. 50,925 - 2500(14) – 85,925 - 2710(4) - 96,765. The total monthly emoluments will be approximately Rs. 85,000, along with other benefits such as DA, HRA, Medical Benefits, and Leased Accommodation.

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Vacancy Breakdown (Category-wise)

  • Actuarial Apprentice (Non-Life)12
  • Actuarial Apprentice (Life)8
Total Vacancies20

How to Apply

The application process involves two main steps:

  1. Fill out the online application form using the provided MS-Link for the Actuarial Apprentices recruitment.
  2. After submitting the form, email self-attested copies of all required documents to [email protected].

Required Documents for Email:

  • Caste Certificate (if applicable)
  • School Leaving/Matriculation Certificate for Date of Birth proof
  • Degree Certificate and Mark-sheets
  • Certificate confirming passed Actuarial subjects
  • Bio-Data with a recent photograph

The deadline for receiving applications and documents is 07 December 2025.

Official Links

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