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UIIC Invites Application for Appointed Actuary Recruitment 2022

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Verified Notification Data
๐Ÿ‘ฅ
Total Vacancies
1 Post Posts
๐Ÿ’ฐ
Salary / Remuneration
๐Ÿ“ฎ
Selection / Apply Mode
Offline (Post)
โฐ
Closing Date
31 January 2022
๐Ÿ›๏ธ 1. Conducting Organization United India Insurance Co Ltd ๐Ÿ“‘ 2. Advertisement Reference No. Advt. No. UnitedIndiaInsuranceCoLtd/Rect/2022
๐Ÿ’ผ 3. Nature of Employment Contractual / Project-Based (Tenure) ๐ŸŽฏ 4. Exact Post & Vacancy Count UIIC Invites Application for Appointed Actuary Recruitment 2022 (1 Post Posts)
๐Ÿ“ฎ 5. Application / Selection Mode Online / Offline ๐Ÿ“… 6. Crucial Dates & Timings 31 January 2022
๐Ÿ“ 7. Exact Physical Venue / Address
" itemscope itemtype="http://schema.org/PostalAddress">
๐Ÿ’ต 8. Application Fee โœ“ โ‚น0 (Nil / Exempted)
๐ŸŽ“ Eligibility & Qualification B.A ๐ŸŒ Authority Official Website Refer Official Notification Document
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๐Ÿ“‹ Candidate Application Checklist

Candidates must verify and arrange the following documents in chronological order prior to submitting their application:

โœ… Bio-data / Proforma: Duly completed, signed application form (per notification format).
โœ… Original Certificates: 10th / Matriculation (DOB proof), Essential Degrees & Marksheets.
โœ… Self-Attested Photocopies: Two complete sets of photocopies of all relevant testimonials.
โœ… Passport Photographs: 2 to 4 recent passport-size colour photographs (same as bio-data).
โœ… Valid Photo ID Proof: Original Aadhaar Card, Voter ID, Passport, or PAN Card.
โœ… Experience & NOC: Experience certificates and "No Objection Certificate" if currently employed.

๐ŸŽฏ Selection Methodology, Screening Contingency & Perks

๐Ÿ“ Preliminary Screening Test Clause (Turnout Contingency)

In the event of a disproportionately high candidate turnout for the selection process, the competent committee reserves the discretionary right to conduct an objective preliminary written / screening test to shortlist candidates before calling them for personal interview.

๐Ÿš† Traveling Allowance / Dearness Allowance (TA/DA) Disclosure

No TA/DA will be paid or admissible to any candidate for attending the written examination / document verification. Candidates are required to make their own arrangements for travel, boarding, and lodging.

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Vacancy Circular No:

United India Insurance Company Limited (UIIC) invites applications for recruitment of Appointed Actuary

Appointed Actuary

Job Location: Nungambakkam High Road, Chennai, 600034 Tamil Nadu
Last Date: 31 January 2022
Employment Type: Full Time

Number of Vacancy: 1 Posts

UIIC Hiring For Appointed Actuary Vacancies Just Now Updated - Apply Soon
UIIC Hiring For Appointed Actuary Vacancies Just Now Updated - Apply Soon Recruitment 2022 Details
Job RoleAppointed Actuary
Education Requirement
Total Vacancy1 Post
Job LocationsChennai
Age LimitNot over the age of 65 years.
Experience7 - 10 years
SalaryNot Disclosed
Posted on17 Jan, 2022
Last Date To Apply31 Jan, 2022

Educational Qualification: B.A

Experience: Please refer to official document

Skills / Eligibility

Applications are invited for the post of โ€œAppointed Actuaryโ€ as per IRDAI Regulation 2017.

1. Post Name:ย Appointed Actuary

2. Qualifications:ย The candidate should satisfy the requirements specified in Regulation No.3 B of IRDAI (Appointed Actuary) Regulations, 2017 as amended from time to time.

3.ย Eligibility Criteria as per IRDAI Appointed Actuary Regulation:ย B. A person shall be eligible to be appointed as an Appointed Actuary for an Insurer, if he or she is:

i. Ordinarily resident in India;

ii. A Fellow member in accordance with the Actuaries Act, 2006;

iv. A Fellow member satisfying the following requirements in case of a General Insurer or Reinsurer:

a. Passed Specialization subject in General Insurance. Currently, the specialization shall mean Specialist Application level subject as prescribed by the Institute of Actuaries of India.

b. Relevant experience of at least 7 years in General Insurance Industry out of which at least 2 years shall be post fellowship experience.

c. The applicant shall have at least 1 year post fellowship experience in Annual Statutory Valuation of a General Insurer.

vi. An employee of the Insurer;

vii. A person who has not committed any breach of professional or other misconduct;

viii. Not an Appointed Actuary of another Insurer in India;

ix. A person who possesses a Certificate of Practice issued by the Institute of Actuaries of India

C. Provisions for existing Appointed Actuaries as on date of notification of these regulations:

(i) The existing Appointed Actuaries as on date of notification of this Regulation shall stand exempted from the requirement of passing the subject specialization as per regulation 3(B)(iii), 3(B)(iv) or 3(B)(v) provided he/she satisfies the following conditions as on the date of notification of these Regulations:

b. In case of a general insurer, he/she has worked for at least 3 years as Appointed Actuary of a general insurer in India during 5 years period preceding the date of notification.

4.ย Duties and Obligations: As per Regulation 9 of IRDAI (Appointed Actuary) Regulations, 2017 as amended.

5.ย Emoluments: Negotiable. The expectation of the candidate may be indicated.

Pay Scale: INR Not Disclosed

Age Limit: Not over the age of 65 years.

Selection Procedure

Eligible candidate would be required to appear for Personal Interview as part of the selection process.

How to Apply:

1.ย The eligible candidates may submit their applications as per the attached format. The duly filled in applications may be sent to Authorised Signatory (HR) Corporate HRM Department, III floor, United India Insurance Co. Ltd., # 19, Nungambakkam High Road, IV Lane, Chennai 600 034

2.ย The left-hand upper corner of the envelope shall be super scribed as โ€œApplication for Appointed Actuaryโ€. Last date for receipt of applications: 31.01.2022. The applications shall also be mailed to [email protected] with a copy marked to [email protected]

Important Dates:

Published on: 17 January 2022
Last date for application is: 31 January 2022

For more details, please refer to official notification at

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