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Organisation : GIC General Insurance Corporation Of India
Post Name: Recruitment for Actuarial Apprentice in 2017
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Actuarial Apprentice Recruitment :
Applications are invited from India Citizens for selection as Actuarial Apprentices
Related : General Insurance Corporation Recruitment 2017 Scale I Officer : www.indianin.in/4355.html
To encourage aspiring students who are keen to pursue Actuarial studies to become Actuaries.
** A two year period of Apprenticeship.
** May be eligible for being considered for the post of Assistant Manager after passing 7 or more subjects
** Apprentice to pass minimum five subjects within 2 years.
** A further extension of 1 year (2 years in case of SC/ST candidates) shall be granted if the apprentice passes 5 subjects within the initial 2 years of apprenticeship for passing another 2 papers so as to complete 7 papers.
** Termination of apprenticeship on failure to pass 5 subjects within two years
Total Number of vacancies: 7 (For both streams of Non-life & Life depending on the requirement of the Corporation)
*Reservations shall be applicable as per the Government guidelines
The total number of vacancies, including the number of vacancies for reserved categories may increase or decrease depending on the total number of vacancies at the final selection.
Age : 21 years (completed) and not more than 27 years, relaxation upto 30 years for OBCs and 35 years for SCs/STs. Age relaxation for PWD candidates is as per rules
i. Graduation/Post Graduation in Science from recognised University with Mathematics or Statistics as main subject with 60% or more marks in aggregate, or
ii. Graduation/Post Graduation in Commerce from recognised University with Statistics/Actuarial Science as main subject with 60% or more marks in aggregate, or
iii. Graduation in Arts with Actuarial Science as major subject from recognised University with 60% or more marks and Post graduate Diploma in Actuarial Science with 50% or more marks.
iv. 10% relaxation in marks for SC/ST candidates
The candidate should have passed at least 3 actuarial subjects of exam conducted by ASI.
Method of selection:
** Interview/Group Discussion (to be conducted only in Mumbai).
** Date of Interview : 23rd March, 2017
** All eligible candidates will be called for Interview/ Group Discussion and their selection will be based on their performance in Interview /Group Discussion.
** Final Selection of candidates will be subject to Medical Examination.
** Posting of selected candidates will be at Head Office of GIC Re.
** The selected candidates will be for both the streams i.e. life and non-life and the number may be decided by the Corporation.
Interested candidates may apply in the prescribed application form as per Annexure
Attach self-attested copies of the Caste Certificate (wherever applicable), School Leaving Certificate/ Matriculation Certificate showing Date of Birth or Birth Certificate separately, Degree Certificate & Mark-sheets, Certificate of the Actuarial papers passed
Affix passport size photograph at the right hand top corner of the application.
Then send the scan copy of the application alongwith the other required documents to the email id recruitment[AT]gicofindia.com
The original application alongwith the original certificates are to be brought during the Interview/ Group Discussion.
Commencement of the date of receipt of applications: 8th March, 2017
Last Date for receiving applications: 17th March, 2017