GIC Re Actuarial Apprentices Recruitment 2025: General Insurance Corporation of India (GIC Re), Mumbai invites applications for 20 Actuarial Apprentice positions (12 – Non-Life; 8 – Life). Candidates must have passed at least two actuarial subjects from the Institute of Actuaries of India (IAI) or Institute & Faculty of Actuaries (IFoA, UK) and satisfy the educational & age criteria listed below. Apply online (MS Form link) and email required documents to Recruitment-AA@gicre.in before the last date.
GIC Re Recruitment 2025 – Quick Summary
| Organization Name | General Insurance Corporation of India (GIC Re) |
| Reference No | GIC-HO/HR/RECRUIT_AA/819/2025-26 |
| Job Category | Central Govt / Reinsurance |
| Post Details | Actuarial Apprentices (Life & Non-Life) |
| Total Vacancies | 20 (12 Non-Life, 8 Life) |
| Stipend | 1st Year: Rs.40,000/- per month; 2nd Year: Rs.45,000/- per month |
| Place of Posting | Mumbai (Head Office) |
| Apply Mode | Online MS-Form (link) + email required documents to Recruitment-AA@gicre.in |
| Last Date | 07-12-2025 |
| Official Website | gicre.in |
GIC Re Recruitment 2025 – Vacancy Details
| Business | Post Name | No. of Posts |
|---|---|---|
| Non-Life | Actuarial Apprentice | 12 |
| Life | Actuarial Apprentice | 8 |
GIC Re Recruitment 2025 – Eligibility Criteria
| Age (as on 01-11-2025) | 21 years (completed) and not more than 27 years (born between 01-11-1998 and 01-11-2004). Relaxation: OBC +3 yrs; SC/ST +5 yrs; PWD as per rules. |
| Educational Qualification | Graduation / Post-Graduation in any discipline with minimum 60% aggregate marks (10% relaxation for SC/ST). |
| Actuarial Exam Requirement | Must have passed at least 2 actuarial subjects of exams conducted by the Institute of Actuaries of India (IAI) or Institute & Faculty of Actuaries (IFoA, UK). |
| Other | Reservations as per Government guidelines. Vacancies may increase/decrease at final selection. |
GIC Re Recruitment 2025 – Stipend & Service Conditions
| Year | Monthly Stipend (INR) |
|---|---|
| 1st Year | Rs.40,000/- |
| 2nd Year | Rs.45,000/- |
- Two-year apprenticeship tenure. Apprentice expected to pass a total of 6 actuarial subjects by the end of 2 years.
- Extension of 1 year (2 years for SC/ST) may be granted if 6 subjects are passed within 2 years to complete 7 subjects.
- Apprentices failing to pass 6 subjects within two years may have apprenticeship terminated.
Selection Procedure
- Interview / Group Discussion (to be conducted online) — all eligible applicants will be called.
- Selection is based on performance in Interview / Group Discussion.
- Final selection subject to medical examination.
- Posting will be at GIC Re Head Office, Mumbai.
How to Apply
- Apply through the MS-Form link provided by GIC Re (fill the online form).
- Send self-attested copies of required documents (Caste Certificate if applicable, Date of Birth proof, Degree certificate & mark sheets, Certificate(s) of actuarial subjects passed, Bio-data with photograph) to Recruitment-AA@gicre.in.
- Incomplete applications or those received after the last date will be rejected.
- Keep your email and mobile number active for communication.
Absorption & Career Progression
Apprentices who pass minimum 7 actuarial subjects and satisfy absorption conditions may be absorbed as Assistant Manager (Scale I Officer). On absorption, the basic pay will be fixed at Rs.50,925/- in the scale Rs.50,925/- – 2500(14) – 85,925/- – 2710(4) – 96,765/- plus other allowances and benefits (approx. total emoluments ~ Rs.85,000/- p.m. on absorption).
Important Dates
- Notification Date: 17-11-2025
- Last Date to Receive Applications: 07-12-2025
Important Links
Note
- Verify all details (eligibility, reservation, required documents) from the official PDF before applying.
- Incomplete / late applications will be rejected; the Corporation reserves the right to amend the advertisement.
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