The Agriculture Insurance Company of India Limited (AIC) has announced a prestigious recruitment opportunity for the position of Appointed Actuary for the year 2026. This role is ideal for experienced actuaries seeking to contribute to India’s agricultural insurance sector and advance their careers in a leading government-associated insurer. The recruitment process involves a detailed selection procedure, and eligible candidates are invited to submit their applications via email before the specified deadline. Below, you’ll find comprehensive information about the vacancy, eligibility criteria, application process, and important resources to assist you in your application.
AIC Appointed Actuary Recruitment 2026: Complete Job Details
Company Overview
The Agriculture Insurance Company of India Limited (AIC) is a statutory corporation wholly owned by the Government of India, functioning as a specialized insurer for the agricultural sector. AIC aims to provide comprehensive crop insurance solutions and other related services to safeguard farmers’ interests and promote agricultural productivity. As part of its strategic growth, AIC is recruiting an experienced Appointed Actuary to uphold actuarial standards and contribute to the company’s risk management and product development efforts.
Vacancy Summary
| Post | Total Vacancies |
|---|---|
| Appointed Actuary | 1 |
Job Location
The position is based at AIC’s Head Office, New Delhi, with possible requirement for interstate or international travel depending on project needs.
Job Type & Duration
This is a contractual employment role, with the exact term to be specified in the appointment letter. The contract is subject to renewal based on performance and organizational requirements.
Eligibility Criteria
Educational & Professional Qualification
Candidates must be fellow members of the Institute of Actuaries of India (IAI) in accordance with the Actuaries Act, 2006. Additionally, candidates must hold a valid Certificate of Practice (CoP) issued by the IAI, which must remain valid throughout the tenure.
Experience Requirements
The ideal candidate should possess the following experience:
- At least 9 years of professional experience in the domain of General Insurance.
- A minimum of 4 years of post-fellowship experience.
- At least 2 years of post-fellowship experience in the preparation or review of annual statutory valuation or product pricing specifically related to Indian General Insurer, Indian Reinsurer, or Foreign Reinsurer’s Branch (FRB) established in India.
- A minimum of 3 years in middle or senior management roles, demonstrating leadership and strategic responsibilities.
Additional Conditions
Applicants should:
- Have not committed any professional or ethical misconduct.
- Possess current and valid membership and Certificate of Practice from IAI.
Age Limit
The maximum age limit for applicants is 65 years as of 01 March 2026. Age will be considered based on the date of submission of the application.
Application Process
Submission Method
Interested candidates are required to send their complete application documents via email to the designated official email address. Ensure that all documents are self-attested and comply with the instructions specified in the notification.
Application Documents
- Updated CV/bio-data with personal details, educational qualifications, and professional experience
- Copies of educational certificates
- Experience certificates from previous employers
- Current Membership and CoP from IAI
- Proof of identity (e.g., PAN Card, Aadhar Card)
- Recent passport-sized photograph
Application Email & Subject Line
Make sure to specify the post applied for in the email subject line, e.g., “Application for Appointed Actuary – AIC Recruitment 2026”.
Important Dates
| Event | Date |
|---|---|
| Last date to submit application | 08 April 2026 |
Selection Process
The selection process comprises the following stages:
- Shortlisting of candidates based on eligibility and experience
- Personal interview (may include technical evaluation and discussion)
Remuneration & Salary
Salary & Compensation
The salary package for the Appointed Actuary will be commensurate with the candidate’s qualifications, experience, and industry standards. Specific figures will be discussed during the interview and formalized in the appointment letter.
Important Links & Resources
Official Notification PDF
Candidates are strongly advised to download and thoroughly read the official notification PDF to understand detailed vacancy terms, application instructions, and other essential information. The PDF can be accessed through the link below:
Download Official Notification PDF
Official Website
For more updates, latest news, and additional information, visit the official AIC website:
Additional Information & Tips
Applicants should prepare their documents meticulously, ensuring all certificates and proofs are up-to-date and self-attested. Customize your CV to highlight relevant experience, especially in statutory valuation, product pricing, and management roles. Carefully review the official notification for any updates or clarifications before submission.
Final Notes
The role of Appointed Actuary at AIC offers a unique opportunity to work at the forefront of India’s agricultural insurance initiatives. Successful candidates will play a critical role in risk assessment, product structuring, and strategic planning aligned with government regulations and industry best practices. Make sure to adhere to all deadlines and application instructions to maximize your chances of selection.
Good luck with your application!