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National Insurance Company Recruitment 2024: Apply Now for Actuarial Apprenticeship Positions


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National Insurance Company Actuarial Apprenticeship Recruitment 2024: The National Insurance Company Limited is seeking motivated and qualified candidates currently pursuing Actuarial Studies to join its Actuarial Apprenticeship program. For the 2024 recruitment drive, there are 16 positions available. Applicants must be no older than 27 years to qualify for this opportunity. Candidates should have completed at least three actuarial exams from the Institute of Actuaries of India (IAI) or the Institute and Faculty of Actuaries in the UK, or have received an exemption. Eligible candidates should be graduates or post-graduates from a recognized university.

According to the official 2024 recruitment notification, selected candidates will receive a monthly stipend of ₹40,000 for the first year, which will increase to ₹45,000 in the second year. The apprenticeship training will last for two years. Selection will be based on interviews conducted by the committee. Interested candidates who meet the eligibility criteria outlined in the job description should send their completed applications to the specified address below. Additionally, applicants are required to email a scanned copy of their application to the provided email address.

National Insurance Company Recruitment 2024: Post Name and Vacancies

The National Insurance Company is currently inviting applications for Actuarial Apprenticeships. A total of 16 vacancies are available for this position.

Post NameVacancies
Actuarial Apprenticeships16

Qualifications for National Insurance Company Recruitment 2024

To apply for the National Insurance Company Recruitment 2024, candidates must meet one of the following criteria:

  1. Educational Qualifications: Candidates should possess a graduate or postgraduate degree from an accredited university, with a minimum cumulative GPA of 60%. For applicants belonging to SC/ST categories, a minimum GPA of 55% is required.
  2. Actuarial Exams: Alternatively, candidates must have passed or been exempted from at least three actuarial exams conducted by either the Institute of Actuaries of India (IAI) or the Institute and Faculty of Actuaries in the UK, following the 2019 curriculum.

Age Limit for National Insurance Company Recruitment 2024

According to the official notification, candidates applying for the Actuarial Apprentice position must be a maximum of 27 years old. Age relaxations apply as follows:

  • 30 years for OBC candidates
  • 32 years for SC/ST candidates
  • 37 years for PwBD candidates

Stipend for National Insurance Company Recruitment 2024

Candidates selected for the National Insurance Company Recruitment 2024 will receive a monthly stipend of ₹40,000 for the first year and ₹45,000 for the second year.

Selection Process for National Insurance Company Recruitment 2024

The selection committee will evaluate candidates based on their performance in the in-person interviews. The final decision will also take into account the results of the medical examination.

Duration of Training and Place of Posting for National Insurance Company Recruitment 2024

According to the official notification for National Insurance Company Recruitment 2024, the apprenticeship training will be offered on a contractual basis for a period of two years. If an apprentice’s performance is deemed unsatisfactory, they may be terminated immediately.

Place of Posting:
Selected candidates will be assigned to the Head Office in Kolkata.

How to Apply for National Insurance Company Recruitment 2024

Interested and eligible candidates should complete the application form available on the National Insurance website. Applications must be sent via 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

Additionally, applicants must email a scanned copy of their completed applications to HO.Pers@nic.co.in.

Please note that applications received after the deadline or those that are incomplete will not be considered.

Application Deadline: October 15, 2024.

FAQs for National Insurance Company Recruitment 2024

Here are some frequently asked questions about National Insurance Company Recruitment 2024:

Q1: How do candidates apply for National Insurance Company Recruitment 2024?
Ans: Candidates must submit their applications either by post or via email, as specified above.

Q2: How many vacancies are available for National Insurance Company Recruitment 2024?
Ans: There are 16 vacancies for this recruitment.

Q3: Where will the selected applicants be posted for National Insurance Company Recruitment 2024?
Ans: Selected candidates will be assigned to the Kolkata Head Office.

Notification PDF for National Insurance Company Recruitment 2024

Notification PDFClick Here
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