NICL Actuarial Apprentice Recruitment 2024 Notification Out for 17 Vacancies

The National Insurance Company Limited (NICL) has announced its NICL Actuarial Apprentice Recruitment 2024 for the position of Actuarial Apprentices, offering 17 vacancies. This is an excellent opportunity for aspiring candidates who wish to develop their actuarial skills while gaining practical experience in the insurance industry. The Actuarial Apprenticeship program at NICL is designed to provide hands-on training, mentorship, and exposure to various aspects of actuarial work. Candidates can apply online/offline for these positions and kick-start their careers in the insurance and actuarial fields.

NICL Actuarial Apprentice Recruitment 2024

The NICL Actuarial Apprentice Recruitment 2024 is a golden opportunity for individuals looking to launch their careers in the actuarial field. With 17 vacancies, this program offers a structured learning environment, a competitive stipend, and the chance to work with experienced professionals in the insurance industry. The contract will be fixed for the period of 02 years.

NICL Apprentice Recruitment 2024: Overview

The NICL Apprentice Recruitment 2024 offers 17 vacancies for Actuarial Apprentices, providing a valuable opportunity for candidates to gain hands-on experience in the actuarial field. Applicants must submit their forms via post and email as per the guidelines provided

NICL Actuarial Apprentice Recruitment 2024 Notification PDF

Candidates interested in applying for the NICL Actuarial Apprentice Recruitment 2024 can refer to the official notification for complete details on eligibility criteria, application process, and other important instructions. The notification provides vital information about the recruitment process, including the number of vacancies, educational qualifications, selection procedure, and the format for submitting the application.

NICL Actuarial Apprentices Recruitment 2024 Notification PDF

NICL Actuarial Apprentice 2024 Application Form

Aspiring candidates are encouraged to apply as the application window opens and ensure they meet all eligibility criteria.

NICL Actuarial Apprentice 2024 Application Form

How to Apply for NICL Actuarial Apprentice Recruitment 2024

Candidates applying for the NICL Actuarial Apprentice Recruitment 2024 must follow the steps outlined below, to ensure they complete the application process successfully for NICL Actuarial Apprentice Recruitment 2024.:

Ensure Valid Contact Information: Candidates should have a valid personal email ID and mobile number to receive all communication from the company. These details should remain active throughout the selection process.

Visit the Official Website: Go to the recruitment section of the official website of National Insurance Co. Ltd. at www.nationalinsurance.nic.co.in to access the full advertisement and application form.

Read the Advertisement Carefully: Before proceeding with the application, ensure that you carefully read all the details mentioned in the recruitment advertisement to confirm that you meet the eligibility criteria.

Download and Fill the Application Form: Download the application form from the website, fill in all the required details accurately, attach your photograph, and sign the form as per the specified format.

Submit the Application: Once the form is filled, send it to the following address via post:

THE CHIEF MANAGER
PERSONNEL DEPARTMENT
NATIONAL INSURANCE CO LTD
HEAD OFFICE, PREMISES NO. 18-0374,
PLOT NO. CBD-81, NEW TOWN,
KOLKATA-700156

Advance Submission: In addition to sending the physical form, candidates must also send a scanned copy of the completed application to Email ID: HO.Pers@nic.co.in before the deadline.

Eligibility Criteria for NICL Actuarial Apprenticeship 2024

Candidates applying for the NICL Actuarial Apprenticeship 2024 must fulfil the following eligibility requirements:

1. Educational Qualification:

Candidates must have completed their graduation/post-graduation in any discipline from a recognized university with at least 60% marks (55% for SC/ST candidates). AND
Applicants should have passed at least 3 actuarial papers from the Institute of Actuaries of India (IAI) or any equivalent actuarial body.

2. Age Limit:

The candidates should not be more than 27 years of age (as on 01 September 2024), age relaxation up to 30 years for OBC, 32 years for SC/ST and 37 years for persons with PwBD.

NICL Actuarial Apprentices Selection Process

The selection process for NICL Actuarial Apprentices typically consists of the following stages:

• Screening of Applications: Based on academic qualifications and actuarial paper completion.
• Interview: Shortlisted candidates will be called for a personal interview to assess their understanding of actuarial concepts and their suitability for the role.
• Document Verification: Final candidates will undergo document verification to confirm their eligibility.

NICL Actuarial Apprentices Vacancy 2024

In 2024, NICL shall recruit candidates for the 17 Actuaries on a contract basis for the Apprenticeship Program. The category-wise vacancy details are as follows

NICL Actuarial Apprentices Stipend and Training Details

The NICL Actuarial Apprenticeship is designed to provide real-world experience in the field of insurance actuarial services. During the apprenticeship period, selected candidates will be entitled to a monthly stipend of ₹40000/- (for 1st year) and ₹45000/- (for 2nd year).

Other Details:

• The apprenticeship period shall be for a period of two years.
• The Apprentices need to pass a minimum of 2 (two) additional actuarial papers by the end of 2 years of the apprenticeship period.

Benefits of Joining NICL as an Actuarial Apprentice

• Industry Exposure: Apprentices will gain invaluable hands-on experience working in one of India’s largest insurance companies, dealing with practical actuarial tasks.
• Skill Development: NICL offers structured training programs that help develop core actuarial and insurance-related skills.
• Career Growth: Successful completion of the apprenticeship can open doors for permanent roles in the actuarial or insurance sectors, enhancing long-term career prospects.
• Networking Opportunities: Apprentices will have the chance to work alongside industry experts, enabling them to build connections that can aid in their professional journey.