Insurance Regulatory and Development Authority of India jobs - Manager/Assistant General Manager

Manager/Assistant General Manager job Position in Insurance Regulatory and Development Authority of India (IRDAI) On Deputation Basis

Insurance Regulatory and Development Authority of India recruiting 45 Vacancies for the post of Manager/Assistant General Manager/Deputy General Manager/

No. of Vacancy : 

Manager/25 Post

Assistant General Manager/14 Post

Deputy General Manager/06 Post

Deputy General Manager – Legal 

(a)Minimum academic qualifications: Graduation with 60% marks and LL.M with 60% marks. b)Level of Officers eligible: (i) PSU Insurance companies

Scale V Officers, or Scale IV Officers with minimum 5 years of service in that scale. (ii) Financial Sector Regulators · Officers in Grade D and in the pay scale equivalent to 68500 - 2150 (2) - 72800 – 2250 (6) - 86300 with associated grade allowance. c) Experience: 15 years as an Officer in PSU Insurance company/ies and/or Financial Sector Regulators with minimum 5 years in related field of work. d) Preference will be given to officers directly handling legal matters including HR or Service matters.

Deputy General Manager – Life 

a) Minimum academic qualifications: Post Graduation with 60% marks and Fellow of Insurance Institute of India (FIII) or equivalent.

b) Level of Officers eligible: (i) Life Insurance Corporation of India . Scale V Officers, or Scale IV Officers with minimum 5 years of service in that scale.

c) Experience: 15 years as an Officer in LIC of India with minimum 5 years in related field of work.

Deputy General Manager – Non Life 

a) Minimum academic qualifications: Post Graduation with 60% marks and Fellow of Insurance Institute of India (FIII) or equivalent.

b) Level of Officers eligible:

(i) General Insurance Corporation of India

(ii) National Insurance Co. Ltd

(iii) New India Assurance Co. Ltd

(iv) Oriental Insurance Co. Ltd

(v) United India Insurance Co. Ltd

(vi) Agriculture Insurance Co. of India Ltd

(vii) Export Credit Guarantee Corporation of India

Scale V Officers, or Scale IV Officers with minimum 5 years of service in that scale.

Experience: 15 years as an Officer in Insurance company/ies mentioned in para 5.3. (b) with minimum 5 years in related field of work.

Pay Scale : Rs.68500-86300 

Assistant General Manager – Actuarial 

a) Minimum academic qualifications: Graduation with 60% marks and Fellow of the Institute of Actuaries of India (IAI).

b) Level of Officers eligible:

(i) PSU Insurance companies Scale IV Officers, or Scale III Officers with minimum 5 years of service in that scale.

c) Experience: 12 years as an Officer in PSU Insurance company/ies with minimum 5 years in related field of work.

Assistant General Manager– Accounts

a) Minimum academic qualifications: Graduation with 60% and FCA/FICWA/FCS/CFA

b) Level of Officers eligible:

(i) PSU Insurance companies Scale IV Officers, or Scale III Officers with minimum 5 years of service in that scale.

(ii) Financial Sector Regulators

Officers in Grade C and in the pay scale equivalent to 49000-1750(3)-54250-1900(2)-58050-2000(4)-66050-EB 2000(2)-70050-2150(1)-72200 (13 years) with associated grade allowance.

c) Experience: 12 years as an Officer in PSU Insurance company/ies and/or Financial Sector Regulators with minimum 5 years in related field of work.

Assistant General Manager – General:

a) Minimum academic qualifications: Post Graduation with 60% marks and Fellow of Insurance Institute of India (FIII) or equivalent.

b) Level of Officers eligible:

(i) PSU Insurance companies Scale IV Officers, or Scale III Officers with minimum 5 years of service in that scale.                    

c) Experience: 12 years as an Officer in PSU Insurance company/ies with minimum 5 years in related field of work.

d) These posts are earmarked for HR, Corporate Services, Sectoral Development (Research & Development) and Communication Departments. Related field of work includes experience of working in these departments. Preference would be given to Officers having qualification and experience in Research and Development activities, collection of information and analysis enabling policy making, coordination of Board Meetings and Board Secretarial related work, Consumer Awareness in the field of Financial Education.

Assistant General Manager – IT 

a)  Minimum academic qualifications: B.Tech (IT/CSE) or MCA or M.Tech or M.S. in IT with 60% marks

b) Level of Officers eligible:

(i) PSU Insurance companies Scale IV Officers, or Scale III Officers with minimum 5 years of service in that scale.

(ii) Financial Sector Regulators  Officers in Grade C and in the pay scale equivalent to 49000-1750(3)-54250-1900(2)-58050-2000(4)-66050-EB 2000(2)-70050-2150(1)-72200 (13 years) with associated grade allowance.

c)   Experience: 12 years as an Officer in PSU Insurance company/ies and/or Financial Sector Regulators with minimum 5 years in related field of work.

Assistant General Manager – Legal: 

a) Minimum academic qualifications: Graduation with 60% marks and LL.M with 60% marks.

b)   Level of Officers eligible:

(i) PSU Insurance companies Scale IV Officers, or  Scale III Officers with minimum 5 years of service in that scale.

(ii) Financial Sector Regulators

Officers in Grade C and in the pay scale equivalent to 49000-1750(3)-54250-1900(2)-58050-2000(4)-66050-EB 2000(2)-70050-2150(1)-72200 (13 years) with associated grade allowance. 

c)  Experience: 12 years as an Officer in PSU Insurance company/ies and/or  Financial Sector Regulators with minimum 5 years in related field of work.

Pay Scale : Rs.49000-72200 

Manager – General 

a) Minimum academic qualifications: Graduation with 60% marks and Fellow of Insurance Institute of India (FIII) or equivalent.

b) Level of Officers eligible:

(i) PSU Insurance companies Scale III Officers, or Scale II Officers with minimum 5 years of service in that scale.

c) Experience: 8 years as an Officer in PSU Insurance company/ies with minimum 5 years in related field of work.

d) These posts are earmarked for Sectoral Development (Research & Development) and Consumer Affairs Departments. Related field of work includes experience of working in these departments. Preference will be given to Officers having qualifications and work experience in research and development activities, collection of information and analysis enabling policy decision making and handling of consumer grievances.

Pay Scale : Rs.35150-62400