Insurance Regulatory and Development Authority is a Hyderabad based national agency which comes under the Government of India. The authority was formed as a result of IRDA Act, 1999 of Indian Parliament. Initially, the Unit Linked Insurance Plans were governed by the Securities and Exchange Board of India but in the year 2010, Government of India ruled that the new governing body of Unit Linked Insurance Plans is IRDA. Protecing the interests of policy holders is one of the prime objective of the authority. The authority also aims to bring growth in the insurance industry.

Job Profile:

Candidates are invited to apply for the following vacant positions of Senior Joint Director, Deputy Director and Assistant Director in Insurance Regulatory and Development Authority. The posts of Deputy Director and Assistant Director are avaiable in the discipline of Information Technology, Life and Non Life and Health. Only eligible Indian Citizens are invited to apply for the following positions:

1. Recruitment of Senior Joint Director/Joint Director (IT):
No. of posts: Only 1 post is available.
Age Limit: Maximum age limit is 50 years.
Pay Scale: Consolidated salary of Rs. 60600-67000 per month.

2. Recruitment of Deputy Director (IT)
No. of posts: Only 2 posts are available.
Age Limit: Maximum age limit is 50 years.
Pay Scale: Consolidated salary of Rs. 39850-42250 per month.

3. Recruitment of Deputy Director (Life/Non-Life/Health):
No. of posts: Only 2 posts are available.
Age Limit: Maximum age limit is 50 years.
Pay Scale: Consolidated salary of Rs. 39850-42250 per month.

4. Recruitment of Assistant Director (IT):
No. of posts: Only 4 posts are available.
Age Limit: Maximum age limit is 40 years.
Pay Scale: Consolidated salary of Rs. 21000-30000 per month.

5. Recruitment of Assistant Director (Life/Non-Life/Health):
No. of posts: Only 3 posts are available.
Age Limit: Maximum age limit is 40 years.
Pay Scale: Consolidated salary of Rs. 21000-30000 per month.

Selection Process:

The selection process for the above specified positions includes a Written examination followed by a Personal Interview Test only. Candidates will be shortlisted for the interview test on the basis of the aggregate marks obtained by candidates in the written examination.

How to apply: Applications are to be made in the prescribed format only. Also, the details filled in the application form should be correct in every respect. Completed application form alongwith the other required enclosures must be sent in a closed envelope only. The envelope should reach to the below mentioned address on or before the last date.

The Executive Director (Administration),
Insurance Regulatory and Development Authority,
3rd floor, Parisrama Bhavanam,
Basher Bagh, Hyderabad – 500004.

Contact Details:

Insurance Regulatory and Development Authority,
3rd floor, Parisrama Bhavanam,
Basher Bagh, Hyderabad – 500004.

Last date to apply: 20 November 2011

For more information visit http://irda.gov.in