Applications are invited from Indian Citizens for selection as
Actuarial Apprentices
I. Total Number of vacancies: 7* (Four for Non-Life Reinsurance & Two for Life Reinsurance & One
for Obligatory Cell)
*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.
II. Eligibility Conditions: as on 30.09.2020
Age: 21 years (completed) and not more than 27 years i.e. candidate should have been born not earlier
than 30.09.1993 and not later than 30.09.1999 both days inclusive, relaxation up to 30 years for
OBCs and 35 years for SCs/STs. Age relaxation for PWD candidates is as per rules.
Qualification:
i. Graduation/Post Graduation in Science from recognized University with Mathematics or
Statistics as main subject with 60% or more marks in aggregate, or
ii. Graduation/Post Graduation in Commerce from recognized 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 recognized University with 60%
or more marks, or
iv. Post-graduate Diploma in Actuarial Science with 50% or more marks
(10% relaxation in marks for SC/ST candidates).
AND
The candidate should have passed at least 7 actuarial subjects of exam conducted by Institute
of Actuaries of India (IAI) or Institute and Faculty of Actuaries (IFA).