General Insurance Corporation of India Scale 1 Officer
GIC Re (General Insurance Corporation of India) · Online (CBT) + Descriptive + Interview · Irregular (when vacancies arise)
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GIC Re Scale 1 Cutoff
Category-wise cutoff marks and ranks for previous years.
2024 Cutoff
| Category | Marks | Rank |
|---|---|---|
| General | — | — |
| OBC | — | — |
| SC | — | — |
| ST | — | — |
| EWS | — | — |
2023 Cutoff
| Category | Marks | Rank |
|---|---|---|
| General | — | — |
| OBC | — | — |
| SC | — | — |
| ST | — | — |
| EWS | — | — |
2022 Cutoff
| Category | Marks | Rank |
|---|---|---|
| General | — | — |
| OBC | — | — |
| SC | — | — |
| ST | — | — |
| EWS | — | — |
About General Insurance Corporation of India Scale 1 Officer (GIC Re Scale 1) 2027
The General Insurance Corporation of India Scale 1 Officer (GIC Re Scale 1) is one of the most competitive entrance exams, conducted by the GIC Re (General Insurance Corporation of India). Preparing for the GIC Re Scale 1 requires systematic practice, conceptual clarity, and regular self-evaluation. Our platform offers dynamic mock tests, previous years' resolved papers, and AI-enabled analysis to help you secure a top rank.
Frequently Asked Questions
What is GIC Re Scale 1 and what does the role involve?
GIC Re (General Insurance Corporation of India) is India's sole national reinsurer. Scale 1 Officers work in reinsurance, treaty management, claims, actuarial, finance, legal, and IT functions. GIC Re is one of the top 25 reinsurers globally.
What is the GIC Re Scale 1 2027 exam pattern?
GIC Re Scale 1 Phase 1 has 120Q in 60 minutes. Phase 2 includes a descriptive paper (100 marks) focusing on English writing and subject-specific knowledge. Interview of 25-50 marks is the final stage. Selection combines Phase 2 + Interview scores.
What is GIC Re Scale 1 2027 salary?
GIC Re Scale 1 Officer starting salary is Rs. 32,795 basic pay with allowances making total monthly emoluments approximately Rs. 55,000-62,000. Annual CTC is Rs. 11-14 lakhs. GIC Re also offers excellent LICI-related perks and reinsurance industry exposure.
What is the Insurance Awareness syllabus for GIC Re Scale 1?
GIC Re Insurance Awareness covers: Reinsurance concepts (facultative, treaty, proportional, non-proportional), Marine Insurance, Fire Insurance, Aviation Insurance, IRDAI regulations, Lloyd's of London, global reinsurance markets, and GIC Re's product portfolio.
How often does GIC Re Scale 1 recruitment happen?
GIC Re Scale 1 recruitment is irregular — conducted every 2-3 years based on organizational needs. Vacancies are limited (typically 25-100). It is highly specialized and preferred by candidates with insurance/actuarial/finance backgrounds.
How to Prepare for GIC Re Scale 1
Reinsurance-specific knowledge is unique to GIC Re — study fundamental reinsurance concepts from CII materials
GIC Re Phase 2 descriptive focuses on insurance writing — practice writing on reinsurance, marine, and fire insurance topics
Study global reinsurance markets (Swiss Re, Munich Re, Lloyd's) alongside IRDAI as GIC operates internationally
Candidates with ACII, AIII, or actuarial qualifications have significant advantage in GIC Re selection process