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June 9th, 2016, 09:05 AM
Super Moderator
 
Join Date: Mar 2012
Re: IRDA Whole Time Member

Insurance Regulatory and Development Authority of India (IRDAI) is an autonomous apex statutory body which regulates and develops the insurance industry in India. It was constituted by a Parliament of India act called Insurance Regulatory and Development Authority Act, 1999 and duly passed by the Government of India.

As you Asking for the details of the Whole Time Member post Recruitment of IRDA let me tell you that at present there are no job openings for the post This recruitment was in the Nov 2013 the detail of this Recruitment are given below :


The eligibility conditions prescribed for the posts are as under:-

i) Whole-Time Member in the non-life insurance area:
(a) Applicants must be persons of ability, integrity and standing who have knowledge or experience in non-life Insurance.

(b) The applicants should preferably have at least 25 years experience in non-life insurance with a minimum of 3 years experience at a senior level not below the rank of a General Manager of Public Sector Non-life Insurance Company or its equivalent in other companies.

(c) The applicants should have a minimum 2 years of residual service with reference to the post of Whole-Time Member in the Insurance Regulatory and Development Authority of India as on the last day for receipt of applications, i.e. age should not exceed 60 years on that day.

ii) Whole -Time Member in the life insurance area:
(a) Applicants must be persons of ability, integrity and standing who have knowledge or experience in life Insurance.

(b) The applicants should preferably have at least 25 years experience in life insurance with a minimum of 3 years experience at a senior level not below the rank of an Executive Director in a Public Sector Life Insurance Company or its equivalent in other companies.

(c) The applicants should have a minimum 2 years of residual service with reference to the post of Whole-Time Member in the Insurance Regulatory and Development Authority of India as on the last day for receipt of applications, i.e. age should not exceed 60 years on that day.

iii) Whole-Time Member in the area of Finance & Investment:

(a) Applicants must be persons of ability, integrity and standing who have knowledge or experience in the area of Finance & Investment.

(b) The applicants should preferably have at least 25 years experience in the area of finance and investment with a minimum of 3 years experience at a senior level not below the rank of Chief General Manager of Reserve Bank of India or its equivalent in other Financial Institutions / Regulatory bodies.

(c) The applicant should have a minimum 2 years of residual service with reference to the post of Whole-Time Member in Insurance Regulatory and Development Authority of India as on the last day for receipt of applications, i.e. age should not exceed 60 years on that day.

for more information you may contact to Following :

Shri S. K. Mohanty
Under Secretary to the Government of India
Room No. 10, 2nd Floor, Jeevan Deep Building,
Parliament Street, New Delhi - 110001.
FAX: 011 - 23344605


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