NICL Actuarial Apprentice Recruitment 2024 Notification Released for 17 Vacancies


National Insurance Company Limited (NICL) has announced the NICL Actuarial Apprentice Recruitment 2024, offering 17 vacancies. This is a great opportunity for interested candidates who want to develop their actuarial skills while gaining practical experience in the insurance industry. The Actuarial Apprenticeship program at NICL is designed to provide practical training, mentoring and exposure to various aspects of actuarial work. Candidates can apply for these posts online/offline and start their career in the insurance and actuarial fields.

NICL Actuarial Apprentice Recruitment 2024

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

NICL Apprentice Recruitment 2024: Overview

NICL Apprentice Recruitment 2024 has 17 vacancies for Actuarial Apprentice, which provides a valuable opportunity for candidates to gain practical experience in the actuarial field. Applicants must submit their forms via post and email as per the given guidelines

NICL Apprentice Recruitment 2024
Organization National Insurance Company Limited (NICL)
Post Actuarial Apprentice
Vacancies 17
Application Dates 15 October 2024 (Last Date)
application system offline online
Selection Process Interview
contract period 02 years
Salary First Year: Rs. 40000/-
2nd Year: Rs. 45000/-
official website www.nationalinsurance.nic.co.in
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NICL Actuarial Apprentice Recruitment 2024 Notification PDF

Candidates willing to apply for NICL Actuarial Apprentice Recruitment 2024 can check the official notification for complete details about eligibility criteria, application process and other important instructions. The notification contains important information about the recruitment process including number of vacancies, educational qualification, selection process and application submission format.

NICL Actuarial Apprentice Recruitment 2024 Notification PDF

NICL Actuarial Apprentice 2024 Application Form

Interested candidates are encouraged to apply as soon as the application window opens, and make sure they meet all the 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 given below to ensure that they successfully complete the application process for the NICL Actuarial Apprentice Recruitment 2024.

Ensure valid contact information: Candidates must have a valid personal email ID and mobile number to receive all communications from the company. These details must remain active during the selection process.

Visit the official website: Visit the Recruitment Section of official website of National Insurance Company Limited www.nationalinsurance.nic.co.in to view complete advertisement and application form.

Read the advertisement carefully: Before applying, make sure you read all the details mentioned in the recruitment advertisement carefully 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 correctly, attach your photograph and sign the form as per the prescribed format.

submit application: Once the form is filled, send it by post to the following address:

chief Manager
Personnel Department
National Insurance Company Limited
Head Office, Premises No. 18-0374,
Plot No. CBD-81, New Town,
Kolkata – 700156

Advance Presentation: Apart from sending the physical form, candidates also have to send the scanned copy of the completely filled application to the email id: HO.Pers@nic.co.in before the deadline.

Eligibility Criteria for NICL Actuarial Apprenticeship 2024

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

1. Educational Qualification:

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

2. Age Limit:

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

Age Relaxation
Social class Age Relaxation
Other Backward Classes 03 years
SC/ST 05 years
PwBD 10 years

NICL Actuarial Apprentice Selection Process

The selection process for NICL Actuarial Apprentice usually includes the following stages:

  • Scrutiny of applications: Based on academic qualification and actuarial paper completion.
  • Interview: Selected candidates will be called for a personal interview to assess their understanding of actuarial concepts and their suitability for the role.
  • Document Verification: Finally, candidates will have to undergo document verification to confirm their eligibility.

NICL Actuarial Apprentice Vacancy 2024

In 2024, NICL will recruit candidates for 17 Actuaries on contract basis for Apprenticeship Program. The category wise vacancies details are as follows

NICL Actuarial Apprentice Vacancy 2024
Social class Vacancy
sincere 08
ews 01
Other Backward Classes 04
scheduled caste 02
Scheduled Tribes 01
PwBD (VI) 01
Total 17

NICL Actuarial Apprentice Stipend & Training Details

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

NICL Actuarial Apprentice Stipend
Year Salary
1st year ₹40000/-
Second Year ₹45000/-

other details:

  • The apprenticeship period will be of two years.
  • The trainees should Must pass a minimum of 2 (two) additional actuarial papers by the end of 2 years of traineeship period.

Benefits of Joining NICL as Actuarial Apprentice

  • Industry Exposure: The trainees will gain invaluable experience of working in one of the largest insurance companies in India, where they will have the opportunity to deal with practical actuarial work.
  • Skill Development: NICL offers structured training programs that help develop core actuarial and insurance-related skills.
  • Career Development: Successful completion of an apprenticeship can open the door to permanent roles in the actuarial or insurance sector, enhancing long-term career prospects.
  • Networking opportunities: Interns will have the opportunity to work with industry experts, helping them build relationships that can help them on their professional journey.

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Hello friends, I am Ashok Nayak, the Author & Founder of this website blog, I have completed my post-graduation (M.sc mathematics) in 2022 from Madhya Pradesh. I enjoy learning and teaching things related to new education and technology. I request you to keep supporting us like this and we will keep providing new information for you. #We Support DIGITAL INDIA.

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