#1  
16th February 2014, 06:32 PM
Unregistered
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After completing the specialized diploma in Acturial science from III will I be getting a job in Actuary field?


Dear Sir / Mam
Greetings
I am Health Insurance Professional working in Health Care TPA and completed my Licentiate from III,and will be completing my Associate in May.Sir after completion of Associate I am planning to enroll for Diploma in Foundation Casuality Acturial Science.After completing the specisalised diploma in Acturial science from III will I be getting a job in Actuary field or I have to enroll for CAT from Institute of Actuary.what is difference between III actuary diploma and Institute of actuary diploma.
Will III specialised diploma in Actuary will be helpful.

Please clear my queries.




  #2  
22nd February 2014, 09:28 AM
SudeepKumarSaha
Senior Member+++++
 
Join Date: Dec 2013
Location: India
Posts: 8,583
Default Re: After completing the specialized diploma in Acturial science from III will I be getting a job in Actuary field?

Actuarial Science deals with statistical and mathematical techniques to estimate risks in finance and insurance industries. It involves the application of economic, statistical and mathematical analysis to a wide range of decision making process in insurance, management, investment and financial planning sector.

The institutes which offer courses in this field are:-
-Amity School of Insurance and Actuarial Science
-Bishop Herber College
-College Of Insurance, Mumbai
-College of Vocational Studies, Delhi University
-RNIS College of Insurance, New Delhi
-University of Mumbai, Mumbai
-Aligarh Muslim University, Aligarh
-Annamalai University, Tamil Nadu
-Birla Institute of Management Technology, New Delhi
-University of Madras, Chennai
-University of Kalyani, West Bengal
-Berhampur University, Orissa
-DS Actuarial Education Services, Mumbai
-Goa University, Goa
-Kurukshetra University, Kurukshetra
-Gurunanak Dev University, Amritsar
-Andhra University, Visakhapatnam
-Directorate of Distance Education, Alagappa University
-Ernakulam Insurance Institute
-Kalyani University
-The National Insurance Academy
-Tolani Institute of Management Studies

A few entrance exams for actuarial science courses are Aligarh Muslim University Actuarial Science entrance exam, IGNOU Actuarial Science entrance exam, Annamalai University Actuarial science entrance exam, AMITY School of Insurance and Actuarial Science entrance exam, Birla Institute of Management Technology entrance exam, University of Delhi entrance exam, etc.

The profession of actuarial science is developing since its scope is spread widely particularly in foreign countries.You can get employment opportunities in various sectors like:-
-Health Insurance
-Vehicle Insurance
-Life Insurance
-Employee Retirement and Benefit Plans
-General Insurances
-Investment and Financial Services
-Banks
-Project Management
-Hospitals
-Health care sectors
-Education sectors
-BPO
-Investment firms
-Risk Management
-Rating Agencies

You can work as :-
-Actuary Director
-Finance consultants in various Insurance sectors
-General Officer
-Financial Service Executive
-Appointed Actuary
-Actuarial Analyst
-Health care directors/managers/analysts
-Accounts manager
-Senior Actuarial Analyst
-Asset Liability manager
-Financial/Insurance Consultants in IT sector
-Insurance risk managers
-Assistant Administrative Officer
-Risk analysts
-Administrating officer
-BPO administrator

The major recruiters are:-
-Bajaj Allianz
-Cholamandalam GIC
-HDFC Chhub GIC Limited
-ICICI Lombard General Insurance Company Limited
-IFFCO-TOKIO General Insurance Company Limited
-National Insurance Corporation
-Oriental Insurance
-Reliance GIF
-Royal Sundaram GIC
-TATA AIG




  #3  
22nd February 2014, 09:32 AM
SudeepKumarSaha
Senior Member+++++
 
Join Date: Dec 2013
Location: India
Posts: 8,583
Default Re: After completing the specialized diploma in Acturial science from III will I be getting a job in Actuary field?

Actuarial Science deals with statistical and mathematical techniques to estimate risks in finance and insurance industries. It involves the application of economic, statistical and mathematical analysis to a wide range of decision making process in insurance, management, investment and financial planning sector.

The institutes which offer courses in this field are:-
-Amity School of Insurance and Actuarial Science
-Bishop Herber College
-College Of Insurance, Mumbai
-College of Vocational Studies, Delhi University
-RNIS College of Insurance, New Delhi
-University of Mumbai, Mumbai
-Aligarh Muslim University, Aligarh
-Annamalai University, Tamil Nadu
-Birla Institute of Management Technology, New Delhi
-University of Madras, Chennai
-University of Kalyani, West Bengal
-Berhampur University, Orissa
-DS Actuarial Education Services, Mumbai
-Goa University, Goa
-Kurukshetra University, Kurukshetra
-Gurunanak Dev University, Amritsar
-Andhra University, Visakhapatnam
-Directorate of Distance Education, Alagappa University
-Ernakulam Insurance Institute
-Kalyani University
-The National Insurance Academy
-Tolani Institute of Management Studies

A few entrance exams for actuarial science courses are Aligarh Muslim University Actuarial Science entrance exam, IGNOU Actuarial Science entrance exam, Annamalai University Actuarial science entrance exam, AMITY School of Insurance and Actuarial Science entrance exam, Birla Institute of Management Technology entrance exam, University of Delhi entrance exam, etc.

The profession of actuarial science is developing since its scope is spread widely particularly in foreign countries.You can get employment opportunities in various sectors like:-
-Health Insurance
-Vehicle Insurance
-Life Insurance
-Employee Retirement and Benefit Plans
-General Insurances
-Investment and Financial Services
-Banks
-Project Management
-Hospitals
-Health care sectors
-Education sectors
-BPO
-Investment firms
-Risk Management
-Rating Agencies

You can work as :-
-Actuary Director
-Finance consultants in various Insurance sectors
-General Officer
-Financial Service Executive
-Appointed Actuary
-Actuarial Analyst
-Health care directors/managers/analysts
-Accounts manager
-Senior Actuarial Analyst
-Asset Liability manager
-Financial/Insurance Consultants in IT sector
-Insurance risk managers
-Assistant Administrative Officer
-Risk analysts
-Administrating officer
-BPO administrator

The major recruiters are:-
-Bajaj Allianz
-Cholamandalam GIC
-HDFC Chhub GIC Limited
-ICICI Lombard General Insurance Company Limited
-IFFCO-TOKIO General Insurance Company Limited
-National Insurance Corporation
-Oriental Insurance
-Reliance GIF
-Royal Sundaram GIC
-TATA AIG




Do you have any question? or have anything to say?



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