Be careful of the "apply and be damned" approach. If you're rejected on a technicality (lower than nominally required hours in your case) then your name goes to the rejected folder in the HR computer. If you make a later application when you do meet the requirements, you may face an automatic rejection when your name is entered into HR's computer and the 'Rejected' tag is encountered. If pilots are in short supply that week you may be lucky, someone may go and have a second look, but if there is a large ratio of applicants to positions, you'll be bypassed.
Sadly this is no exaggeration, I have been involved with pilot selection, and when faced with 2000 applications for 40 positions, some VERY basic culling goes on.