Educational Qualification BSc MSc BCom MCom BA
Last date of Application 12-07- 2013
What Actuarial Apprentice do/ who is actuarial apprentice??
Actuarial Apprentice in GIC??
A three year period of Apprenticeship, May be considerable for the post of Assistant Manager after passing 7 or more subjects.Apprentice have to pass minimum one paper every year.Termination of apprenticeship on failure to pass 3 subjects within 3 years.
1st Year Rs.8,000/-
2nd Year Rs. 9,000/-
3rd Year Rs. 10,000/-
After passing 7 papers the stipend will be fixed as Rs.17240-840(14)-29000-910-(4)-32640/-(under revision) plus admissible allowances as per rules.
Eligibility Criteria as on 01-07-2013
- Minimum of 60% marks, Graduation/Post Graduation in Science from recognized University with Mathematics or Statistics as main subjec
- Minimum of 60% marks in Graduation/Post Graduation in Commerce from recognized University with Statistics/Actuarial Science as major subjects
10% relaxation in marks for SC/ST candidates.
Written Examination (to be conducted only in Mumbai)
- Paper I – 3 hours duration (objective type with negative marking for wrong answers) Mathematics / Statistics /Actuarial Science.
- Paper II – 3 hours duration
(a) Mathematics / Statistics / Actuarial Science – 2 hr
(b) Essay witting – ½ hr
(c) English Précis, Comprehension and Grammar – ½ hr.
Like Bank PO exam, Paper II will be evaluated only for those candidates who qualify in Paper I.
Last Date for applications: 12-07- 2013
Click Here to see Official Advertisement.