ECGC
ECGC
ECGC
A resident of India;
(ii) A fellow Member of Actuarial Society of India and he/she should satisfy all the requirements specified in Regulation No. 3
(2) of Insurance Regulatory and Development Authority (Appointed Actuary) Regulations, 2000 and Regulation 2 of
Insurance Regulatory and Development Authority (Appointed Actuary)(First Amendment) Regulations, 2013;
(iii) Preferably not above the age of fifty five years of age (as on 01.07.2016);
(iv) Minimum of 10 years of relevant experience and a post qualification experience of minimum 2 years. Preference will be
given to candidates with experience in General Insurance Industry.
Duties and responsibilities of the Appointed Actuary: Duties and responsibilities of the Appointed Actuary will be as per
Regulation 8 of IRDA (Appointed Actuary) Regulations, 2000.
After appointment he/she should not act as an Appointed Actuary of any other General Insurance Company which has export credit
insurance as a segment of its business. He/she is also expected not to practice in credit insurance segment of any other General
Insurance Company or as a broker or a surveyor.
Compensation will be in line with the levels prevailing in the General Insurance Industry. Candidates may indicate expectations.
How to Apply: Application in conformity with IRDA Form AA-1(particulars of Appointed Actuary) of IRDA(Appointed Actuary)
Regulations, 2000 in an envelope, subscribing at its left hand upper corner as FOR THE POST OF APPOINTED ACTUARY IN
ECGC, should be sent to the following address:
The Deputy General Manager (HRD),
ECGC Limited,
Dalamal House, Ground Floor, Jamnalal Bajaj Marg, Nariman Point, Mumbai-400021
or e-mail at hrd@ecgc.in together with self-attested copies of all relevant certificates with a recent passport size photograph, so as
to reach ECGC by not later than 30.09.2016.
General Instructions:
1. Company reserves the right to restrict the number of candidates to be called for interview.
2. The decision of the Company will be final and binding in all matters.
3. In case it is found at any stage of appointment that the candidate does not fulfill the eligibility criteria and/or he/she has
furnished any incorrect / false / incomplete information or has suppressed any material fact(s), his / her candidature will
stand cancelled. If any of these shortcomings are noticed at any time even after appointment, his/her services are liable to
be terminated forthwith.
4. Before applying for the post, the candidate should ensure that he/she fulfills the eligibility criteria as required under
IRDAIs regulations and other norms given in the advertisement. The decision of the Company in respect of the matters
concerning eligibility of the candidate, the stages at which such scrutiny of eligibility is to be undertaken, the documents to
be produced for the purpose of conduct of interview, selection and other matters relating to appointment will be final and
binding on the candidate. The Company shall not entertain any correspondence or personal enquiries on the subject.
5. Canvassing in any form will disqualify the candidate.
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