The Central Bank of Azerbaijan (CBA) has announced admission to the

Actuarial development program

organized at the international level in order to develop the insurance market and strengthen its financial stability, as well as to increase the number of actuaries who meet the requirements of modern knowledge and skills, which have an important role in this direction .

"APA-Economics" was informed about this by CBA.

Individuals under the age of 35 who are graduates of universities in actuarial, insurance, economics, finance, mathematics, statistics, and econometrics can apply for the program.

It was reported that the 4-part program consisting of theoretical and practical parts will last 13 months.

At the end of each stage, the participants are supposed to take an exam and if they are successful, they will move on to the next stage.

Candidates who have successfully completed the stages will be offered internships in insurance companies.

Candidates who successfully complete the program have high chances of employment in insurance companies.

It should be noted that the classes will be held online and in traditional form by the Turkish Insurance Institute Foundation (TSEV) and local specialists/experts.