The National Insurance Company Limited (NICL) has announced the NICL Actuarial Apprentice Recruitment 2024, offering a promising opportunity for aspiring actuaries to gain hands-on experience in the insurance industry. This recruitment aims to fill 17 vacancies for the position of Actuarial Apprentice. NICL, a leading public sector insurance company in India, provides this apprenticeship program to help candidates develop core actuarial skills through practical exposure and mentorship from experienced professionals. The application process is open from September 21, 2024, to October 5, 2024, and candidates can apply either online or offline.
This recruitment is significant as it provides a structured learning environment for candidates who have completed their graduation or post-graduation and have passed at least three actuarial exams. The selected apprentices will receive a monthly stipend of ₹40,000 in the first year and ₹45,000 in the second year. The program is designed to last for two years on a contract basis, with potential absorption into full-time roles based on performance and completion of additional actuarial exams.
NICL Actuarial Apprentice Recruitment 2024
| Recruitment Authority | National Insurance Company Limited (NICL) |
| Post Name | Actuarial Apprentice |
| Application Dates | September 21, 2024 – October 5, 2024 |
| Mode of Application | Online/Offline |
| Official Website | www.nationalinsurance.nic.co.in |
NICL Post Vacancy Details
The NICL has announced a total of 17 vacancies for the Actuarial Apprentice position. The distribution of these vacancies across different categories is as follows:
- Unreserved: 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): 1
Eligibility Criteria For NICL Actuarial Apprentice
Academic Qualifications
- Must have completed graduation or post-graduation in any discipline from a recognized university with at least 60% marks (55% for SC/ST candidates).
- Should have passed at least three actuarial papers from the Institute of Actuaries of India (IAI) or any equivalent actuarial body.
Age Limit
- Maximum age limit: 27 years as of September 1, 2024.
- Age relaxation: OBC candidates can avail of a relaxation of up to 3 years, SC/ST candidates up to 5 years, and PwBD candidates up to 10 years.
NICL Actuarial Apprentices Selection Process
- Screening of Applications: Initial screening based on academic qualifications and completion of actuarial papers.
- Interview: Shortlisted candidates will undergo a personal interview to assess their understanding of actuarial concepts and suitability for the role.
- Document Verification: Final candidates will undergo document verification to confirm their eligibility.
Application Dates
- Application Start Date: September 21, 2024
- Last Date to Apply Online/Offline: October 5, 2024
Application Fees
There is no application fee required for applying to the NICL Actuarial Apprentice positions. This makes it accessible for all eligible candidates who wish to apply.
NICL Actuarial Apprentices Pay Scale 2024
Selected candidates will receive a monthly stipend during their apprenticeship period:
- 1st Year: ₹40,000
- 2nd Year: ₹45,000
Steps To Apply For The NICL Actuarial Apprentices Recruitment 2024
- Visit the official website of NICL.
- Go to the recruitment section and download the application form.
- Carefully read the recruitment advertisement and ensure you meet all eligibility criteria.
- Fill out the application form with accurate details.
- Attach your photograph and sign the form as per instructions.
- Submit 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 application to Email ID: [email protected] before the deadline.
Conclusion
The NICL Actuarial Apprentice Recruitment 2024 presents an excellent opportunity for aspiring actuaries to enhance their skills and gain practical experience in a leading insurance company. With a structured training program and mentorship from seasoned professionals, successful candidates can look forward to a rewarding career path in actuarial science. Interested applicants should ensure they meet all eligibility criteria and submit their applications before the deadline to be considered for this prestigious program.
Important Links
- Official Website: Click Here
- Vacancy Notification: Download Here
- Recruitment Online Form 2024: Apply Here
