The NICL Actuarial Apprentice Recruitment 2024 presents a promising opportunity for aspiring actuaries to gain valuable experience within the insurance industry. The National Insurance Company Limited (NICL) has announced this recruitment to fill 17 vacancies for the position of Actuarial Apprentice.
This program is designed to provide participants with practical training, mentorship, and exposure to various aspects of actuarial work. The recruitment process is open to candidates who meet specific educational and age criteria, offering a structured learning environment and a competitive stipend.
Candidates interested in applying for the NICL Actuarial Apprentice positions must submit their applications by October 15, 2024. The selection process will involve an interview, and successful candidates will be appointed on a fixed-term contract of two years. During this period, apprentices will receive a stipend of ₹40,000 in the first year and ₹45,000 in the second year. This recruitment is a significant opportunity for individuals looking to build a career in actuarial science and contribute to one of India’s leading insurance companies.
NICL Actuarial Apprentice Recruitment 2024
This Article Includes
| Organization | National Insurance Company Limited (NICL) |
| Post | Actuarial Apprentice |
| Vacancies | 17 |
| Application Dates | September 21, 2024 – October 15, 2024 |
| Mode of Application | Online/Offline |
| Contract Period | 2 years |
| Official Website | nationalinsurance.nic.co.in |
Also Read: Greater Chennai Corporation Multiple Vacancy 2024
NICL Actuarial Apprentice Post Vacancy Details
- Unreserved (UR): 8
- Economically Weaker Section (EWS): 1
- Other Backward Classes (OBC): 4
- Scheduled Caste (SC): 2
- Scheduled Tribe (ST): 1
- Persons with Benchmark Disabilities (PwBD) – Visually Impaired (VI): 1
NICL Actuarial Apprentice Recruitment Eligibility Criteria Details
Academic Qualifications
- A Graduation or Post Graduation degree in any discipline from a recognized university with at least 60% marks (55% for SC/ST candidates).
- Candidates should have passed or been exempted from at least three actuarial exams conducted by the Institute of Actuaries of India (IAI) or the Institute and Faculty of Actuaries, UK.
Age Limit
- Maximum age limit: 27 years as of September 1, 2024.
- Age relaxation is applicable as follows:
- OBC: 3 years
- SC/ST: 5 years
- PwBD: 10 years
NICL Actuarial Apprentice Recruitment Selection Process
- Screening of Applications: Based on academic qualifications and completion of actuarial papers.
- Interview: Shortlisted candidates will undergo a personal interview to assess their understanding of actuarial concepts.
- Document Verification: Final candidates will be subjected to document verification to confirm eligibility.
NICL Actuarial Apprentice Application Fees
There is no application fee required for applying to the NICL Actuarial Apprentice positions.
NICL Actuarial Apprentice Recruitment Salary & Pay Scale 2024
- 1st Year: ₹40,000
- 2nd Year: ₹45,000
Also Read: NIACL Administrative Officer (AO) Generalist & Accounts Scale – Recruitment 2024
How To Apply For The NICL Actuarial Apprentice Recruitment?
- Visit the official NICL website at nationalinsurance.nic.co.in.
- Navigate to the “Recruitment” or “Careers” section.
- Download the detailed notification and application form.
- Fill out the application form accurately and attach all required documents.
- Send the completed application form via post to:
- The Chief Manager,
- Personnel Department,
- National Insurance Co Ltd,
- Head Office, Premises No.18-0374,
- Plot No.CBD-81, New Town,
- Kolkata – 700156.
- Additionally, send a scanned copy of the completed application form to [email protected] before the deadline.
Important Links
- Official Website: Click Here
- NICL Actuarial Apprentice Recruitment Official Notification: Read Here
- NICL Actuarial Apprentice Recruitment 2024: Apply Offline