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
Skill
Actuarial
Accounts
General
General-Estates
IT
Legal
Life
Non-Life
2 Assistant General Manager in Grade C
Skill
Actuarial
Accounts
General
General-Estates
IT
Legal
Life
Non-Life
3 Deputy General Manager in Grade D
Skill
Actuarial
Accounts
General
General-Estates
IT
Legal
Life
Non-Life

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