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	<title>Ethiopia - Obtain License for Insurance Actuary - Revision history</title>
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	<updated>2026-07-27T13:13:25Z</updated>
	<subtitle>Revision history for this page on the wiki</subtitle>
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		<id>https://www.wikiprocedure.com/index.php?title=Ethiopia_-_Obtain_License_for_Insurance_Actuary&amp;diff=78448&amp;oldid=prev</id>
		<title>Wesley: Auto</title>
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		<updated>2025-04-30T16:41:34Z</updated>

		<summary type="html">&lt;p&gt;Auto&lt;/p&gt;
&lt;p&gt;&lt;b&gt;New page&lt;/b&gt;&lt;/p&gt;&lt;div&gt;==Procedure==&lt;br /&gt;
&amp;#039;&amp;#039;&amp;#039;Apply In-Person:&amp;#039;&amp;#039;&amp;#039;&amp;lt;br&amp;gt;&lt;br /&gt;
#To Obtain License for Insurance Actuary, the applicant has to approach National Bank of Ethiopia [https://nbebank.com/contact-us/  contact link]&lt;br /&gt;
#Applicant has to get the form from the respective officer.&lt;br /&gt;
#Applicant has to fill-in all the necessary details in the application form.&lt;br /&gt;
#Make sure that the applicant has to attach the documents mentioned in the “Required Documents” section of this page.&lt;br /&gt;
#Applicant has to attach the photocopies along with the application form.&lt;br /&gt;
#Submit the completed form and the necessary documents to the officer.&lt;br /&gt;
#The applicant has to pay the Investigation fee of Birr 300 and Licensing fee of Birr 250.&lt;br /&gt;
#The authority officer will review the application and process the application.&lt;br /&gt;
#Once the process is completed, the license is given to the applicant within the stipulated processing period of time.&lt;br /&gt;
&amp;lt;br&amp;gt;&amp;lt;br&amp;gt;&lt;br /&gt;
==Required Documents==&lt;br /&gt;
*A duly completed application form&lt;br /&gt;
*The name and occupation (including date and address of previous employment) of the applicant.&lt;br /&gt;
*Four passport size recent photographs of the applicant or the chief executive officer&lt;br /&gt;
*Curriculum Vitae of the applicant or the chief executive officer&lt;br /&gt;
&amp;lt;br&amp;gt;&lt;br /&gt;
&amp;lt;br&amp;gt;&lt;br /&gt;
==Office Locations &amp;amp; Contacts==&lt;br /&gt;
&amp;#039;&amp;#039;&amp;#039;National Bank of Ethiopia&amp;#039;&amp;#039;&amp;#039;&amp;lt;br&amp;gt;&lt;br /&gt;
P.O Box: 5550&amp;lt;br&amp;gt;&lt;br /&gt;
Tel: +251 115 517 430&amp;lt;br&amp;gt;&lt;br /&gt;
E-mail: nbeinfo@nbe.gov.et&amp;lt;br&amp;gt;&lt;br /&gt;
Fax: +251 115 514 588&amp;lt;br&amp;gt;&lt;br /&gt;
Contact details [https://nbebank.com/contact-us/  link]&amp;lt;br&amp;gt;&lt;br /&gt;
Location details [https://www.google.com/maps/place/National+Bank+of+Ethiopia/@9.017326,38.751141,17z/data=!4m5!3m4!1s0x0:0x3e8d5c6bcdfdf02c!8m2!3d9.0172!4d38.7504908?hl=en  link]&amp;lt;br&amp;gt;&lt;br /&gt;
&amp;lt;br&amp;gt;&lt;br /&gt;
==Eligibility==&lt;br /&gt;
&amp;#039;&amp;#039;&amp;#039;An applicant for a license:&amp;#039;&amp;#039;&amp;#039;&amp;lt;br&amp;gt;&lt;br /&gt;
*Has to be an Ethiopian national;&lt;br /&gt;
*Must not have been convicted of an offence involving dishonesty or fraud, whether in Ethiopia or elsewhere; and&lt;br /&gt;
*Should maintain a professional indemnity insurance cover or produce property guarantee for Birr100, 000 (one hundred thousand Birr).&lt;br /&gt;
&amp;lt;br&amp;gt;&lt;br /&gt;
&amp;#039;&amp;#039;&amp;#039;An applicant should hold a degree/diploma from&amp;#039;&amp;#039;&amp;#039;&amp;lt;br&amp;gt;&lt;br /&gt;
*Institute of Actuaries (London); or&lt;br /&gt;
*Faculty of Actuaries (Scotland); or&lt;br /&gt;
*Society of Actuaries (U.S.A); or&lt;br /&gt;
*Degree or diploma acquired from professional institution with similar status.&lt;br /&gt;
&amp;lt;br&amp;gt;&lt;br /&gt;
&amp;lt;br&amp;gt;&lt;br /&gt;
==Fees==&lt;br /&gt;
*A person applying for a license to be an Actuary shall pay investigation fee of Birr 300 (three hundred Birr) and initial license and subsequent annual renewal fee of Birr 250(Two hundred fifty Birr).&lt;br /&gt;
&amp;lt;br&amp;gt;&lt;br /&gt;
&amp;lt;br&amp;gt;&lt;br /&gt;
==Validity==&lt;br /&gt;
*Validity of the license is for 1 year.&lt;br /&gt;
&amp;lt;br&amp;gt;&lt;br /&gt;
&amp;lt;br&amp;gt;&lt;br /&gt;
==Documents to Use==&lt;br /&gt;
 Please attach documents that can be used by people. E.g. links&amp;lt;br&amp;gt;&lt;br /&gt;
&lt;br /&gt;
&amp;lt;br&amp;gt;&lt;br /&gt;
==Sample Documents==&lt;br /&gt;
 Please attach sample completed documents that would help other people.&lt;br /&gt;
&amp;lt;br&amp;gt;&lt;br /&gt;
&amp;lt;br&amp;gt;&lt;br /&gt;
==Processing Time==&lt;br /&gt;
*Processing time of this procedure takes up to 30 days.&lt;br /&gt;
&amp;lt;br&amp;gt;&lt;br /&gt;
&amp;lt;br&amp;gt;&lt;br /&gt;
==Related Videos==&lt;br /&gt;
 Videos explaining the procedure or to fill the applications.&lt;br /&gt;
 Attach videos using the following tag &amp;lt;&amp;amp;video type=&amp;#039;website&amp;#039;&amp;gt;video ID|width|height&amp;lt;&amp;amp;/video&amp;amp;&amp;gt; from external &lt;br /&gt;
 websites.&lt;br /&gt;
 Please remove the &amp;#039;&amp;amp;&amp;#039; inside the tags during implementation.&lt;br /&gt;
 Website = allocine, blip, dailymotion, facebook, gametrailers, googlevideo, html5, metacafe, myspace, revver,&lt;br /&gt;
 sevenload, viddler, vimeo, youku, youtube&lt;br /&gt;
 width = 560, height = 340, Video ID = Can be obtained from the URL of webpage where the video is displayed.&lt;br /&gt;
 e.g In the following url &amp;#039;http://www.youtube.com/watch?v=Y0US7oR_t3M&amp;#039; Video ID is &amp;#039;Y0US7oR_t3M&amp;#039;.&lt;br /&gt;
&amp;lt;br&amp;gt;&lt;br /&gt;
&amp;lt;br&amp;gt;&lt;br /&gt;
==Instructions==&lt;br /&gt;
*Applicant must complete the application form before submitting. Incomplete applications will not be accepted.&lt;br /&gt;
*Applicant must provide genuine information while applying for this procedure.&lt;br /&gt;
&amp;lt;br&amp;gt;&lt;br /&gt;
&amp;lt;br&amp;gt;&lt;br /&gt;
==Required Information==&lt;br /&gt;
*Name&lt;br /&gt;
*Address&lt;br /&gt;
*Contact number&lt;br /&gt;
*Email&lt;br /&gt;
*Gender&lt;br /&gt;
*Age&lt;br /&gt;
&amp;lt;br&amp;gt;&lt;br /&gt;
&amp;lt;br&amp;gt;&lt;br /&gt;
==Need for the Document==&lt;br /&gt;
*To provide a service of analysing financial risks by implementing statistical, financial and mathematical theories a person should obtain insurance actuary license.&lt;br /&gt;
&amp;lt;br&amp;gt;&lt;br /&gt;
&amp;lt;br&amp;gt;&lt;br /&gt;
==Information which might help==&lt;br /&gt;
 Enter other information which might help.&amp;lt;br&amp;gt;&lt;br /&gt;
&lt;br /&gt;
&amp;lt;br&amp;gt;&lt;br /&gt;
==Other uses of the Document/Certificate==&lt;br /&gt;
 Please explain what are other uses of obtaining this document/certificate.&lt;br /&gt;
 e.g. Birth Certificate can be used as proof of identity.&lt;br /&gt;
&amp;lt;br&amp;gt;&lt;br /&gt;
&amp;lt;br&amp;gt;&lt;br /&gt;
==External Links==&lt;br /&gt;
[https://chilot.me/2021/03/08/licensing-of-insurance-actuary-directive-no-97-2020/  link]&amp;lt;br&amp;gt;&lt;br /&gt;
&amp;lt;br&amp;gt;&lt;br /&gt;
==Others==&lt;br /&gt;
 More information which might help people.&lt;br /&gt;
&lt;br /&gt;
&amp;lt;br&amp;gt;&lt;br /&gt;
&lt;br /&gt;
&lt;br /&gt;
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&lt;br /&gt;
[[Category:Ethiopia]]&lt;br /&gt;
&lt;br /&gt;
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		<author><name>Wesley</name></author>
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