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Appointed Actuary

General Insurance Corporation of India
Experience : 4 Years
Education : Any Graduate
Location : Mumbai
Job Role : HR
Posted on 12 Feb 20
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Job DescriptionLast Date 27 Feb 20

Appointed Actuaryjob Position in General Insurance Corporation of India on contract basis

No. of Post  :  01

Qualification  :  The candidate should be a Fellow or an Affiliate Member in accordance with the provisions of IRDAI (Appointed Actuary) Regulations 2017.

Emoluments : Negotiable based on experience and qualification. Please indicate last salary drawn and expected.

Age Limit :  The candidate should not be over the age of 55 years as on 10.02.2020.

Selection Procedure  :  The selection procedure shall be by way of personal interview.

Job Type : Full Time
Interview Type : Written-test
How to apply

Completed application on A4 paper typed in CAPITAL LETTERS, along with a recent photograph & copies of requisite certificates/documents should reach us at the Shri S. Ramakrishnan, Assistant General Manager, HRD, General Insurance Corporation of India, 170, J. T. Road, Churchgate, MUMBAI – 400 020 on or before 27th February, 2020. The envelope should be super scribed in the top corner “GIC Re – Appointed Actuary (Life Reinsurance Business)”.

Softcopy of Resume should also be mailed to recruitment@gicofindia.com

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Company Description
The entire general insurance business in India was nationalised by General Insurance Business (Nationalisation) Act, 1972 (GIBNA). The Government of India (GOI),through Nationalisation took over the shares of 55 Indian insurance companies and the undertakings of 52 insurers carrying on general insurance business. General Insurance Corporation of India (GIC) was formed in pursuance of Section 9(1) of GIBNA. It was incorporated on 22 November 1972 under the Companies Act, 1956 as a private company limited by shares. GIC was formed for the purpose of superintending, controlling and carrying on the business of general insurance. As soon as GIC was formed, GOI transferred all the shares it held of the general insurance companies to GIC. Simultaneously, the nationalised undertakings were transferred to Indian insurance companies.
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