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IRDAI has come up with new role of “Mentor Actuaries”

Insurance Regulatory and Development Authority of India (Irdai) has said insurers should appoint mentor, to increase the supply of appointed actuaries.Irdai is approving the appointment of actuaries who are fellow members of the IAI (but do not qualify with the relevant experience and / or other requirements), subject to appointment of experienced actuary as mentor.The [...]

Are you eligible for Actuarial Science?

As I defined in my previous article, Actuaries are professional that use their statistical and mathematical techniques to quantify uncertain events, risks. Actuaries domains include Valuations, Risk Management, Advisory, Designing (Pricing, reserving) of insurance products and much more. Actuary can work in insurance or non-insurance industry. Ability to make sense of data is our strongest [...]

How to Become an Actuary?

Actuaries are professional that use their statistical and mathematical techniques to quantify uncertain events, risks. Actuaries domains include Valuations, Risk Management, Advisory, Designing (Pricing, reserving) of insurance products and much more. Actuary can work in insurance or non insurance industry. Ability to make sense of data is our strongest point.This article is for people aspiring [...]

IS THIS A DEAD END OF FRESHERS JOB IN ACTUARIAL? PART-2

Continued from PART 1Before complaining you should understand, why companies should hire you?There are many other students who are seeking the same job. How will you stand differentiated among others?You should have a few things on your CV which gives you edge over others. Any Intern-ship experience, Proficiency in Visual Basics, R, SAS, SQL etc will help [...]

IS THIS A DEAD END OF FRESHERS JOB IN ACTUARIAL? PART-1

No, it’s a fresh new start. Profession has just started to mushroom in India. Actuaries in India has conventionally worked in Insurance Sector Only. Most of them are employed in this field and still many actuaries working in Indian insurance companies are NRIs. There are as many as 8 companies as per my knowledge who are [...]

ACET Coaching

FUTURE TRACK has started with coaching session for upcoming ACET exam to be held in May/June 2016.Schedule for the same can be noted from this link - Coaching ScheduleCoaching session in Classrooms will be conducted in Mumbai, Delhi and Jaipur. I will be teaching in Mumbai.Syllabus for ACET might change for this coming exam and syllabus will [...]

18th Global Conference Of Actuaries – Takeaways

It was very refreshing and enriching to attend 18th Global Conference of Actuaries(GCA), organised by Institute of Actuaries of India(IAI). The event was Attended by Officials of Actuarial Institutes of India, UK and others along with many fellows, Associates, Students and many other Delegates. IRDA cheif and its Chief Actuary were among prime speakers. IFoA [...]