The Insurance Regulatory and Development Authority of India (IRDA) is an autonomous, statutory body tasked with regulating and promoting the insurance reinsurance industries in India. IRDA was constituted by the Insurance Regulatory and Development Authority Act, 1999,[2] an Act of Parliament passed by the Government of India. IRDA headquarters are in Hyderabad, Telangana, where it moved from Delhi in 2001.
IRDA is a 10-member body including the chairman, five full-time & four part-time members appointed by the government of India.
Insurance Regulatory and Development Authority of India has issued notifications for recruiting eligible candidates to the vacancies as Officers on Special Duty (OSD) through Deputation of officers from PSU Insurance companies and Financial Sector Regulators. Please find detailed information regarding the vacancies below.
Important Dates
Date of advertisement: 14.02.2019
Last date for receipt of online application: 07.03.2019 till 5.00 PM
Cut-off date for determining eligibility of candidates: 07.03.2019
About Vacancies
| S.No. | Post | Skill Stream | Vacancies | ||||||||
| 1 | Manager in Grade B |
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| 2 | Assistant General Manager in Grade C |
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| 3 | Deputy General Manager in Grade D |
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Eligible candidates must ensure that they possess the necessary qualifications and fulfil all the required criteria before applying for the posts.
How to Apply IRDA Recruitment 2019:
Candidates have to fill the application in the prescribed format available in Annexure ‘A’ in the following Website.
Essential Qualification
Deputy General Manager-Legal
Graduation with 60% marks and LL.M with 60% marks.
Level of officers eligible:
Scale V officers, or
Scale IV officers with minimum 5 years of service in that scale.
Experience: 15 years
Deputy General Manager-Life
Graduation with 60% marks and Fellow of Insurance Institute of India (FII)
Level of officers eligible:
Scale V officers, or
Scale IV officers with minimum 5 years of service in that scale.
Experience: 15 years
Deputy General Manager-Non-Life
Post Graduation with 60% marks and Fellow of Insurance Institute of India (FII)
Scale V officers, or
Scale IV officers with minimum 5 years of service in that scale.
Experience: 15 years
Assistant General Manager-Actuarial
Graduation with 60% marks and Fellow of the Institute of Actuaries India (IAI)
Scale IV officers, or
Scale III officers with minimum 5 years of service in that scale.
Experience: 12 years
Assistant General Manager-Accounts
Graduation with 60% marks
Scale IV officers, or
Scale III officers with minimum 5 years of service in that scale.
Experience: 12 years
Assistant General Manager-General
Post Graduation with 60% marks and Fellow of Insurance Institute of India (FII)
Scale IV officers, or
Scale III officers with minimum 5 years of service in that scale.
Experience: 12 years
Assistant General Manager-IT
B.Tech (IT/CSE) or MCA or M.Tech or M.S. in IT with 60% marks.
Scale IV officers, or
Scale III officers with minimum 5 years of service in that scale.
Experience: 12 years
Assistant General Manager-Legal
Graduation with 60% marks and LL.M with 60% marks.
Scale IV officers, or
Scale III officers with minimum 5 years of service in that scale.
Experience: 12 years
Assistant General Manager-Life
Post Graduation with 60% marks and Fellow of Insurance Institute of India (FII)
Scale IV officers, or
Scale III officers with minimum 5 years of service in that scale.
Experience: 12 years
Assistant General Manager-Non-Life
Post Graduation with 60% marks and Fellow of Insurance Institute of India (FII)
Scale IV officers, or
Scale III officers with minimum 5 years of service in that scale.
Experience: 12 years
Manager-Actuarial
Graduations with 60% mark and pass in 12 papers of IAI
Scale III officers, or
Scale II officers with minimum 5 years of service in that scale.
Experience: 08 years
Manager-Accounts
Graduations with 60% mark and ACA/AICWA/ACS/CFA
Scale III officers, or
Scale II officers with minimum 5 years of service in that scale.
Experience: 08 years
Manager-General
Graduation with 60% marks and Fellow of Insurance Institute of India (FII)
Scale III officers, or
Scale II officers with minimum 5 years of service in that scale.
Experience: 08 years
Manager-Estates
Graduation with 60% marks and Fellow of Insurance Institute of India (FII)
Scale III officers, or
Scale II officers with minimum 5 years of service in that scale.
Experience: 08 years
Manager-IT
B.Tech (IT/CSE) or MCA or M.Tech. or M.S. in It with 60% marks.
Scale III officers, or
Scale II officers with minimum 5 years of service in that scale.
Experience: 08 years
Manager-Life
Graduation with 60% marks and Fellow of Insurance Institute of India (FII)
Scale III officers, or
Scale II officers with minimum 5 years of service in that scale.
Experience: 08 years
Manager-Non-Life
Graduation with 60% marks and Fellow of Insurance Institute of India (FII)
Scale III officers, or
Scale II officers with a minimum of 5 years of service in that scale.
Experience: 08 years
Age
| S.No. | Post | Upper Age Limit |
| 1 | Manager in Grade B | 38 |
| 2 | Assistant General Manager in Grade C | 50 |
| 3 | Deputy General Manager in Grade D | 50 |
Other Information
Pay Scale
| S.No. | Post | Pay Scale |
| 1 | Manager in Grade B | 35150-1750(9)-50900-EB-1750(2)-54400-2000(4)-62400 |
| 2 | Assistant General Manager in Grade C | 49000-1750(3)-54250-1900(2)-58050-2000(4)-66050-EB-2000(2070050-2150(1)-72200 |
| 3 | Deputy General Manager in Grade D | 68500-2150(20-72800-2250(60-86300 |