Invitation to create fund for financing awards for Academic excellence

Institute of Actuaries of India (IAI) recognize and felicitate candidates who scores highest marks in different subjects in each examination session in the Global Conference of Actuaries/ Virtual Actuarial Conclave. The Salient Features of the Scheme of Academic Excellence Award includes a personalized trophy along with a cash award of ₹ 10,000/- each for performers in the examination sessions of the year. The sponsor of the award will be given a time slot in the conference to deliver the personalized trophy and Prize Money to the candidate on stage.

IAI hereby appeal to Companies/ Institutions who can undertake sponsorship by creating a marked fund to generate the required prize money in time to time for the following subjects;

  • CP2 - Modelling Practice
  • SP1 - Health and Care
  • SP2 - Life Insurance
  • SP4 - Pensions and Other Benefits
  • SP5 - Investment and Finance
  • SP6 - Financial Derivatives
  • SP7 - General Insurance Reserving and Capital Modelling
  • SP8 - General Insurance - Pricing
  • SP9 - Enterprise Risk Management
  • SA1- Health and Care
  • SA2- Life Insurance
  • SA3 - General Insurance
  • SA7 - Investment and Finance

The amount of one time fund to be a minimum of ₹ 5,00,000/- so that, the interest earned over the year can meet expenses for the prize money. The sponsor can be:

  • Individual Members of IAI
  • Insurers
  • Reinsurers
  • Actuarial Consulting Firms
  • Any employer of Actuarial resources

Please connect to Ms. Swetha Jain at 022-62433335 or at Swetha@actuariesindia.org for any details.

Regards

Institute of Actuaries of India

1st January, 2022

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