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APPOINTED ACTUARY - Agriculture Insurance Company of India Ltd.

APPOINTED ACTUARY - Agriculture Insurance Company of India Ltd.

APPOINTED ACTUARY - Agriculture Insurance Company of India Ltd.

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AGRICULTURE INSURANCE COMPANY OF INDIA LIMITEDRegd. Office: “AMBADEEP” (13 th Floor), 14, Kasturba Gandhi Marg, New Delhi – 110 001Applications are invited from resident <strong>India</strong>n Citizens for the post <strong>of</strong> “<strong>APPOINTED</strong><strong>ACTUARY</strong>”on Full time basis or on contract basis.1. Total No. <strong>of</strong> Vacancy : 12. Eligibility conditions : As on 01.11.20133. Qualifications:-The candidate should be a “Fellow”<strong>of</strong> Actuarial Society <strong>of</strong> <strong>India</strong>/Institute <strong>of</strong>Actuaries <strong>of</strong> <strong>India</strong> and he/she should satisfy all the requirements specified inRegulations No. 3 sub regulations 2 <strong>of</strong> IRDA (Appointed Actuary) Regulations, 2004.4. Experience:-Preference will be given to candidates with experience in General <strong>Insurance</strong>Industry.5. Age :- As on 01.11.2013The candidate should preferably be over 30 years <strong>of</strong> age.6. Duties & Obligations:-As per Regulation 8 <strong>of</strong> IRDA (Appointed Actuary) Regulations, 2000.7. Emoluments & Benefits:-Negotiable. Please indicate expected remuneration.8. Service Conditions:-Should be a resident <strong>of</strong> <strong>India</strong> and preferably residing in Delhi.After appointment he/she should not act as an Appointed Actuary <strong>of</strong> any other<strong>Insurance</strong> <strong>Company</strong>. He/she shall also not practice in General <strong>Insurance</strong> for anyother <strong>Insurance</strong> <strong>Company</strong>, Broker or Surveyor.9. Selection Procedure:-The selection procedure shall be by personal interview.


10. How to Apply:-Applications on foolscap paper neatly typed or handwritten in CAPITAL LETTERS,super-scribed at left hand upper corner <strong>of</strong> the envelop “AIC-<strong>APPOINTED</strong><strong>ACTUARY</strong>” should be sent to the following address:The Deputy General Manager (P)<strong>Agriculture</strong> <strong>Insurance</strong> <strong>Company</strong> <strong>of</strong> <strong>India</strong> Limited,13 th Floor, Ambadeep Building, 14 Kasturba Gandhi Marg,New Delhi – 110 00111. Last date for receipt <strong>of</strong> applications: 18.11.2013General Instructions:-1. <strong>Company</strong> reserves the right to restrict the number <strong>of</strong> candidates to be called forinterview.2. The decision <strong>of</strong> the <strong>Company</strong> will be final and binding in all matters.3. In case it is found at any stage <strong>of</strong> recruitment that the candidate does not fulfill theeligibility criteria and/or he/she has furnished any incorrect/false/incompleteinformation or has suppressed any material fact(s), the candidature will standcancelled. If any <strong>of</strong> these shortcomings are noticed even after appointment his/herservices are liable to be terminated forthwith. Before applying, the candidate shouldensure that he/she fulfills the eligibility and other norms mentioned in thisadvertisement. The decision <strong>of</strong> the <strong>Company</strong> in respect <strong>of</strong> matters concerningeligibility <strong>of</strong> the candidate, the stages at which such scrutiny <strong>of</strong> eligibility is to beundertaken, the documents to be produced for the purpose <strong>of</strong> conduct <strong>of</strong> interviewselection and other matters relating to recruitment will be final and binding on thecandidate.4. The <strong>Company</strong> shall not entertain any correspondence or personal enquiries.Canvassing in any form will disqualify the candidate.5. Appointment will be subject to approval <strong>of</strong> <strong>Insurance</strong> Regulatory DevelopmentAuthority.DEPUTY GENERAL MANAGER (P)

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