State Life Insurance Actuarial Training Scheme 2024 Latest Career Opportunities

Tablet of Content:

State Life Insurance Actuarial Training Scheme 2024 Latest Career Opportunities

State Life Insurance Actuarial Training Scheme 2024 Latest Career Opportunities are announced through advertisement Published in Newspapers on 25 August 2024 and Applications are invited from the Eligible Males and Females of Pakistan.

State Life Insurance Corporation of Pakistan offers an exceptional career opportunity to Intermediate and A- Level students or equivalent qualifications to qualify as Fellows of the Society of Actuaries, USA or the Institute of Actuaries, UK. These are internationally recognized and highly prestigious qualifications.

Qualifications:

The intermediate exam, with at least 75% aggregate marks and at least 80% marks in Mathematics, OR The London / Cambridge G.C.E. (O-level) in at least five subjects including a pass in English Language or Literature and a minimum of two passes at Advanced Level (A-Level), One of the Advanced Level passes must be in Mathematics with at least Grade-A (or at least Grade B in case of Further Mathematics or Higher Mathematics) and the other pass must be with at least Grade-C.

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Age Limits:

The minimum age for entry in the scheme is 16 years and the maximum age is 20 years as on the date of publication of this advertisement. However, in case of regular induction in the Corporation upon acquiring the requisite qualification, 18 years age is mandatory.

Compensation and Benefits:

Stipend: A monthly stipend of Rs.20,000/- will be paid during the training period of two years.
A permanent post as Executive Officer will be offered on successful completion of the training period (i.e. passing two subjects of the Institute of Actuaries or two exams of the Society of Actuaries) with hand gross remuneration per month plus attractive fringe benefits.
Rapid career advancement and salary escalation on passing further actuarial examinations.
Structured training program with generous study leave and financial assistance with course and exam fees. recreation.

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Applications Process:

Please send this application form along with two passport size photographs, a copy of CNIC and attested copies of educational certificates within 30 days of publication of this advertisement. The deadline for submission of applications is 25 September 2024.