GIC Actuarial Apprentice Recruitment 2025 Notification Out for 20 Posts

The GIC Actuarial Apprentice Recruitment 2025 Notification has been released by the General Insurance Corporation of India (GIC Re) for 20 vacancies. Out of the total vacancies, 12 posts are for Non-Life and 8 posts are for Life Actuarial Apprentices. Interested and eligible candidates can apply online until 7th December 2025, by filling out the form provided below and submitting the required documents via email.

GIC Actuarial Apprentice Recruitment 2025 Notification Out

The GIC Re apprenticeship program aims to provide actuarial students with practical exposure to insurance and reinsurance functions. Selected candidates will undergo a two-year structured apprenticeship program at the GIC Re Head Office, where they will receive both training and financial support to complete their actuarial papers. Candidates are advised to go through the notification before applying.

GIC Actuarial Apprentice Recruitment 2025: Download PDF

GIC Actuarial Apprentice 2025: Overview

The GIC Actuarial Apprentice Recruitment 2025 presents an excellent opportunity for actuarial aspirants to kickstart their careers with hands-on experience in India’s leading reinsurance company. With structured training, professional development support, and the potential for permanent absorption as Assistant Managers, this program provides the perfect platform for candidates to grow both academically and professionally in the insurance sector.

GIC Actuarial Apprentice Recruitment 2025 Vacancies

The introduction of both Life and Non-Life streams allows candidates to specialise in their preferred area of actuarial practice while contributing to GIC’s diverse operations.

Total Vacancies: 20

Non-Life Actuarial Apprentices: 12

Life Actuarial Apprentices: 8

GIC Actuarial Apprentice Recruitment 2025 Apply Online

The application process for the GIC Actuarial Apprentice 2025 involves both online and email submissions. Candidates must fill out the form available through the official MS-Link for Actuarial Apprentices (Life/Non-Life).

GIC Actuarial Apprentice Recruitment 2025: Click Here to Apply Online

They must email the following self-attested documents to: recruitment-AA@gicre.in:

• Caste certificate (if applicable)
• Proof of Date of Birth (School Leaving/Matriculation/Birth Certificate)
• Degree Certificate and Mark sheets
• Certificates of Actuarial subjects passed
• Updated Bio-Data with a photograph

Note: Only candidates who submit complete applications with the required documents will be considered for shortlisting.

GIC Actuarial Apprentice Eligibility Criteria

Candidates must meet the following conditions to be eligible for the apprenticeship program (as of 01 November 2025):

Educational Qualification

Graduation/Post-Graduation in any discipline with 60% marks or above (50% for SC/ST candidates).

Must have cleared at least two actuarial papers from either the Institute of Actuaries of India (IAI) or the Institute and Faculty of Actuaries (IFoA).

Age Limit

Minimum: 21 years

Maximum: 27 years (Born between 01-11-1998 and 01-11-2004)

Relaxation: 3 years for OBCs, 5 years for SC/STs, and as per government rules for PwD candidates.

GIC Actuarial Apprentice Selection Process

The selection process for GIC Actuarial Apprentice Recruitment 2025 involves the following stages:

Online Interview / Group Discussion: All eligible candidates will be shortlisted and invited to participate in an online Interview or GD.

Medical Examination: Candidates selected after the interview will undergo a medical fitness test before final appointment.

Note: The final merit list will be based on performance in the Interview/GD.

Note: The selected candidates will be posted at GIC Re’s Head Office in Mumbai.

GIC Actuarial Apprentice Salary

GIC offers an attractive stipend during the apprenticeship period along with industry exposure and guidance from senior professionals.

• 1st Year: ₹40,000
• 2nd Year: ₹45,000

Note: Apprentices also receive mentorship, learning support, and an opportunity for long-term absorption into the corporation.

GIC Actuarial Apprentice Service Conditions

This program is designed to ensure continuous academic and professional progress during the apprenticeship period.

• Apprenticeship Period: 2 years
• Apprentices must clear 6 actuarial subjects within two years.
• Extension: 1 year (or 2 years for SC/ST candidates) may be granted to complete 7 subjects.
• Failure to pass 6 subjects in two years will lead to termination from the apprenticeship.

Absorption as Assistant Manager (Scale I Officer) from Apprenticeship

Upon successful completion of the apprenticeship and clearing a minimum of 7 actuarial subjects, candidates may be absorbed as Assistant Managers (Scale I Officers).

• Basic Pay: ₹50,925/- per month
• Pay Scale: ₹50,925 – 2500(14) – 85,925 – 2710(4) – 96,765
• Approx. Gross Emoluments: ₹85,000 per month (including allowances)