As per your reference I will provide you Guidelines on Transitory Provisions (Appointed Actuary) and postal address of Insurance Regulatory and Development Authority, so that you can check it.

Here telling you some information

The candidate proposed by the Insurer for the Appointed Actuary position has at least 2 years of relevant post qualification experience in case of life insurer and at least 1 year of relevant post qualification experience in case of general/health insurer/ re-insurer.

The Appointed Actuary will be supported by the Mentor appointed as per these guidelines till the Appointed Actuary gets relevant experience as per the requirements under Regulation:
a 3 (B)(iii)(b) in case of life insurer;
b 3(B)(iv)(b) in case of a general insurer or reinsurer;
c 3(B)(v)(b) in case of a health insurer of the Regulations

The Authority may also call for additional information to be submitted to the Authority which shall be duly signed off and certified by the Panel Actuary

The Authority may allow vetting of new products filed under “File & Use” procedure by the mentor for a maximum period of one month from the date of relieving of the Appointed Actuary, in case of resignation of Appointed Actuary

For full information please check the file


Address:-
Insurance Regulatory and Development Authority
3rd Floor, Parisrama Bhavan, Basheer Bagh HYDERABAD 500 004
Telangana State (INDIA )

Phone:-
(040) 23381100

Attached Files

Guidelines on Transitory Provisions (Appointed Actuary).doc (141.0 KB, 196 views)