GIC Re Assistant Manager study guide
GIC Re Assistant Manager · Work through your exam, one topic at a time.
GIC Re (General Insurance Corporation of India) runs a recruitment exercise for Assistant Managers, advertised on its own website under "Recruitment of Assistant Managers Detailed Advertisement". The published process is staged: a written examination (for which GIC Re publishes an Information Handout in English and Hindi and a call-letter download), then a group discussion and interview, with a medical stream routed through a first-level online interview. Shortlists, GD and interview results, and final cut-off marks for candidates selected for the pre-employment medical examination are all released as separate notices on the GIC Re site, and a pre-recruitment training notification is also published. Candidates should treat the detailed advertisement, corrigendum and official FAQ document on gicre.in as the authoritative source for eligibility, vacancies, dates and marks. The GIC Re Assistant Manager study guide has 4 sections and about 1,325 words.
01General Insurance and Reinsurance Knowledge
This section tests how risk is transferred, priced, and retroceded - not just definitions. Expect questions on insurance principles, Indian general-insurance products, the Insurance Act 1938 and IRDAI framework, and treaty and facultative reinsurance.
352 words, about 2 min02Quantitative Aptitude and Reasoning
This domain measures numerical fluency and structured thinking under time pressure. Quant questions cluster around percentages, ratio and proportion, averages, time-speed-distance, time and work, simple and compound interest, mixtures, and data interpretation from tables and charts.
311 words, about 2 min03English Language
This section tests comprehension and control of formal written English - the register used in policy notes, reinsurance correspondence, and internal reports. Expect reading comprehension, error spotting, sentence correction, cloze tests, para jumbles, synonyms and antonyms, and idiom usage.
317 words, about 2 min04Professional/Stream-Specific Knowledge
Candidates choose a stream - commonly Medical, Actuarial, IT, or Legal - and are tested on applying that discipline inside an insurance or reinsurance context, not on isolated academic theory. Medical candidates face underwriting and claims adjudication; actuarial candidates face pricing, reserving, and solvency; IT candidates face insurance systems, data controls, and cybersecurity; legal candidates face contract law, policy wording, and insurance regulation.
345 words, about 2 min