IRDAI Recruitment 2017 Insurance Regulatory And Development Authority Of India

Filed in All India Govt Job by on September 28, 2017 0 Comments

भारतीय बीमा नियामक एवं विकास प्राधिकरण (IRDAI) के विभिन्न पदों में भर्ती ( मैनेजर ग्रेड – B, सहायक महाप्रबंधक ग्रेड – C, उप महाप्रबंधक ग्रेड – D, महाप्रबंधक ग्रेड – E )

Insurance Regulatory And Development Authority Of India, insurance has a deep-rooted history. It finds mention in the writings of Manu ( Manusmrithi ), Yagnavalkya ( Dharmasastra ) and Kautilya ( Arthasastra ). The writings talk in terms of pooling of resources that could be re-distributed in times of calamities such as fire, floods, epidemics, and famine. This was probably a precursor to modern-day insurance. Ancient Indian history has preserved the earliest traces of insurance in the form of marine trade loans and carriers’ contracts. Insurance in India has evolved over time heavily drawing from other countries, England in particular. sarkarijobsearch.com

Details of Posts:

SN. Name of Posts No. of Posts
1. Manager in Grade B 12 Posts
2. Assistant General Manager in Grade C 10 Posts
3. Deputy General Manager in Grade D 05 Posts
4. General Manager in Grade E 02 Posts

Eligibility Educational Qualification:

  • Manager in Grade B

Essential – Graduation -60% [or B.Tech (IT/CS) – 60% for IT skill stream]

Professional – F&A/Invts: ACA/AICW A/ACS/CM, A/CFA

  • Assistant General Manager in Grade C

Essential – Graduation

Professional – Actuarial: Pass in at least 12 papers of IAI, F&A/Invts: ACA/AICWA/AC S/ CMA/CFA Legal: LL.B

  • Deputy General Manager in Grade D

Essential – Graduation

Professional – F&A/Invts: ACA/AICWA/ACS/CMA/ CFA 

  • General Manager in Grade E

Essential – Graduation

Professional – Actuarial: Fellow of the Institute of Actuaries of India (IAI) with 5 years post qualification experience

Age Limitation for IRDAI Recruitment 2017:

SN. Name of Posts Age Limitation
1. Manager in Grade B 45 years
2. Assistant General Manager in Grade C 50 years
3. Deputy General Manager in Grade D 55 years
4. General Manager in Grade E 55 years

Relaxation in the Upper Age Limit:

Upper age limit for the above posts will be relaxed as under.

1. Scheduled Caste (SC) – 5 Years

2. Other Backward Classes (OBC) –  3 Years

3 . Ex-serviceman and Commissioned Officers including Emergency Commissioned Officers and Short Service Commissioned Officers who have rendered at least five years Military Service as on 20th October, 2017 and have been released on completion of assignment (including those whose assignment is due to be completed within one year from 20th October, 2017) otherwise than by way of dismissal or discharge on account of misconduct or inefficiency or physical disability attributable to Military Service or on invalidment –  5 Years

4. Ordinarily domiciled in the State of Jammu and Kashmir during the period from 1.1.1980 to 31.12.1989 –  5 Years

5. Staff candidates, i.e. Employees of IRDAI – To the extent of a number of years of such service in IRDAI, subject to a maximum of three years.

Selection process:

Selection will be through a competitive Written Examination (WE) and/or Interview. The decision to conduct WE will depend on the number of applications received for each post/s in each grade and vacancy/is in each skill stream indicated in Sl. No. 2 of Table – 1. Final selection will be on the basis of candidate’s performance in WE and/or Interview in order of merit. 4.1.Candidates belonging to SC/OBC categories may, to the extent the number of vacancies/is reserved for the category which cannot be filled on the basis of general standard, be considered with a relaxed standard to make up the deficiency in the reserved quota, subject to the fitness of these candidates for selection to the post/service irrespective of their ranks in the order of merit at WE and/or interview.

Pay scale / Salary:

Qualification Completion level           Qualification
  allowance per month
Actuarial 12 papers/Fellow of IAI Rs.40,000/-/Rs.80,000/-
Accounts ACA/AICWA/ACS Rs.3,500/-

Important Dates:

Last Date For Apply – 20 Oct 2017 till 5.30 p.m.

How to Apply IRDAI Recruitment 2017:

Candidates should submit their applications through online mode by accessing the following link: https://www.irdai.gov.in/registration_page.aspx. The line will be available from 27.09.2017 to 20.10.2017 till 5.30 p.m. Candidates are required to take a printout of the filled in online application and send a signed copy thereof along with self-attested copies of certificates/documents in support of age, qualifications, and category in a sealed envelope superscribed with “COPY OF ON-LINE APPLICATION FOR THE POST OF ——————————- IN GRADE —— AND SKILL STREAM ———- ——–” and addressed to (to reach by 27.10.2017):
The Executive Director (Gen),
Insurance Regulatory and Development Authority of India 3 rd Floor, Parishrama Bhavan, Bashirbagh, Hyderabad – 500004.

  • Candidates should submit only one application for anyone post/grade under any one
    skill stream.
  • Candidates are required to undertake that they have informed in writing to their Employer/Head of Office/Department that they had applied for the post in IRDAI. Candidates should note that in case a communication is received from their employer
    by IRDAI withholding permission to the candidates applying for/appearing at the WE and/or interview, their application will be liable to be rejected/candidature will be liable
    to be canceled.

Important Links:

IRDAI Recruitment Application form 2017

IRDAI Recruitment Exam and Advertisement 2017

Official site – www.irdai.gov.in

www.sarkarijobsearch.com

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