State Life Insurance Actuarial Training Scheme for Inter Students

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.

A monthly stipend of PKR: 20,000/- will be given to the students during their 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 gross remuneration of around Rs. 57,700/- per month plus attractive fringe benefits.

State Life Insurance Actuarial Training program Benefits:

• 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 gross remuneration of around Rs. 57,700/- 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.

Eligibility Criteria for State Life Actuarial Training program:

Applicants must have passed either:

• The intermediate exam, with at least 75% aggregate marks and at least 80% marks in Mathematics, or
• The London / Cambridge G.C.E. (0-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.
• The maximum age should be 20 years on the date of publication of this advertisement.

How to Apply

Candidates are required to apply through the prescribed "Application Form" which can be downloaded from the State Life website: www.statelife.com.pk.

Please send the Application Form along with two passport-size photographs, a copy of CNIC, and attested copies of educational certificates within 15 days of publication of this advertisement.

Only shortlisted candidates will be called for a written test/interview.

The number of posts for induction under the Actuarial Training Scheme is Ten (10).

https://statelife.com.pk/st_s4s/html/Application-Form-Actuarial-Trainee.pdf 

https://statelife.com.pk/st_s4s/html/ActuarialTrainne-Advertisement.pdf