NO EXAM!!! IRDA Recruitment 2019 - Various Vacancies - 35,150 - 86,100 Salary - Graduates Apply

NO EXAM!!! IRDA Recruitment 2019 - Various Vacancies - 35,150 - 86,100 Salary - Graduates Apply
On 13/09/2019, IRDA announced Job notification to hire candidates who completed Any Graduate, B.Tech/B.E, MCA, M.E/M.Tech, MS, CA, ICWA, LLB for the position of Manager, Assistant General Manager, Deputy General Manager.
Vacancy 1 Manager
Qualification Any Graduate, B.Tech/B.E, MCA, M.E/M.Tech, MS, CA, ICWA
Vacancies 22 Posts
Salary Rs. 35,150 - Rs. 62,400/-Per Month
Experience 8 - 10 years
Job Location Hyderabad|Secunderabad
Last Date to Apply 04/10/2019
Other Qualification Details:

The Authority proposes to fill up the following vacancies as Officers on Special Duty (OSD) through deputation of Officers from PSU Insurance companies and Financial Sector Regulators.

1. Eligibility conditions for the post of Manager — Actuarial:

a) Minimum academic qualifications: Graduation from a recognized university and Pass in twelve (12) papers of the Institute of Actuaries Of India (IAI).

b) Level of Officers eligible: (i) PSU Insurance companies Scale Ill 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.

2. Eligibility conditions for the post of Manager — Accounts:

a)Minimum academic qualifications: Graduation from a recognized university and ACA/ICWA/ACS/CFA.

b) Level of Officers eligible: (i) PSU Insurance companies Scale Ill Officers, o Scale II Officers with minimum 5 years Of service in that scale. (ii) Financial Sector Regulators  Officers in Grade B and in the pay Scale equivalent to 35150-1750(9)- (16 years) with associated grade allowance.

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

3. Eligibility conditions for the post of Manager — General:

a) Minimum academic qualifications: Graduation from a recognized university.

b) Level of Officers eligible: c) (i) PSU Insurance companies Scale Ill Officers, or Scale II Officers with minimum 5 years of service in that scale, (ii) Financial Sector Regulators Officers in Grade B and in the pay scale equivalent to 35150-1750(9)- (16 years) with associated grade allowance.

c) Experience: 8 years as an Officer in PSU Insurance company/ies and/or Financial Sector Regulators with minimum 5 years in related field Of work. d for Sectoral Development (Research & Development)

4. Eligibility conditions for the post Of Manager — General - Estates:

a) Minimum academic qualifications: Graduation from a recognized university.

b) Level of Officers eligible: (i) PSU Insurance companies Scale Ill Officers, or  Scale II Officers with minimum 5 years Of service in that scale. (ii) Financial Sector Regulators  Officers in Grade B and in the pay scale equivalent to 35150-1750(9)- (16 years) with associated grade allowance.

c) Experience: 8 years as an Officer in PSU Insurance companyhes and/or Financial Sector Regulators with minimum 5 years in related field Of work. Qualification and Experience in the given area will be preferred. Related field Of work includes, and not restricted to, the following:

5. Eligibility conditions for the post Of Manager — IT:

a) Minimum academic qualifications: B.Tech (IT/CSE) or MCA or M. Tech or M.S. in IT from a recognized university.

b) Level of Officers eligible: (i) PSU Insurance companies Scale Ill Officers, or Scale II Officers with minimum 5 years Of service in that scale. (ii) Financial Sector Regulators • Officers in Grade B and in the pay scale equivalent to 35150-1750(9)- (16 years) with associated grade allowance.

c) Experience: 8 years as an Officer in PSU Insurance company[les and/or Financial Sector Regulators with minimum 5 years in related field of work.

6. Eligibility conditions for the post Of Manager — Non Life:

a) Minimum academic qualifications: Graduation from a recognized university.

b) Level of Officers eligible: c) (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 Ill Officers, or Scale II Officers with minimum 5 years of service in that scale.

c) Experience: 8 years as an Officer in Insurance companyies mentioned in para 5.16. (b) above with minimum 5 years in related field Of work.

Age: 55 years
Vacancy2 Assistant General Manager
Qualification Any Graduate, B.Tech/B.E, MCA, MS, M.E/M.Tech, LLB
Vacancies 10 Posts
Salary Rs. 49,000 - Rs. 72,200/-Per Month
Experience 12 - 15 years
Job Location Hyderabad|Secunderabad
Last Date to Apply 04/10/2019
Other Qualification Details:

Appointment of Officers on Deputation from eliqible officers working in PSU Insurance Companies and Financial Sector Regulators

1. Eligibility conditions for the post of Assistant General Manager — Actuarial:

a) Minimum academic qualifications: Graduation from a recognized university and Fellow of the Institute Of Actuaries Of India (IAI).

b) Level Of Officers eligible. (i) PSU Insurance companies Scale IV Officers, or  Scale Ill 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.

2 .Eligibility conditions for the post Of Assistant General Manager — General:

a) Minimum academic qualifications: Graduation from a recognized university.

b) Level of Officers eligible: (i) PSU Insurance companies  Scale IV Officers, or  Scale Ill 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)- 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.

3. Eligibility conditions for the post of Assistant General Manager — IT: a) Minimum academic qualifications: B. Tech (IT/CSE) or MCA or M. Tech or M.S. in IT from a recognized university.

b) Level of Officers eligible: (i) PSU Insurance companies Scale IV Officers, or Scale Ill 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)- 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.

4. Eligibility conditions for the post Of Assistant General Manager — Legal:

a) Minimum academic qualifications: LL.B from a recognized university.

b) Level of Officers eligible: c) (i) PSU Insurance companies Scale IV Officers, or Scale Ill 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)- 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

5. Eligibility conditions for the post Of Assistant General Manager — Life:

a) Minimum academic qualifications: Graduation from a recognized university.

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

c) Experience: 12 years as an Officer in LIC of India with minimum 5 years in related field of work.

Age: 55 years
Vacancy3 Deputy General Manager
Qualification Any Graduate, LLB
Vacancies 06 Posts
Salary Rs. 68,500 - Rs. 86,300/-Per Month
Experience 15 - 20 years
Job Location Hyderabad|Secunderabad
Last Date to Apply 04/10/2019
Other Qualification Details:

Appointment of Officers on Deputation from eliqible officers working in PSU Insurance Companies and Financial Sector Regulators

1. Eligibility conditions for the post of Deputy General Manager — Legal:

a) Minimum academic qualifications: LL.B from a recognized university.

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.

2 .Eligibility conditions for the post of Deputy General Manager — Life:

a) Minimum academic qualifications: Graduation from a recognized university.

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.

3.Eligibility conditions for the post Of Deputy General Manager — Non Life:

a) Minimum academic qualifications: Graduation from a recognized university.

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

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

Age: 55 years

General Instructions

1. The Officers applying for any of the above posts should be holding an equivalent post given above with similar responsibilities and duties in PSU Insurance Companies and/or Financial Sector Regulators, wherever applicable and as per eligibility given under respective grades. Applications shall be made in the prescribed format only which is given at Annexure A and shall be submitted through proper channel only along with copies of Annual Performance Appraisal Reports Of the last three years and vigilance clearance and Integrity Certificate before the last date of receipt Of applications, ie. on or before 5 pm on 4th October, 2019.

2. The Cadre Controlling Authority has to forward the applications of the interested Officers whose services can be spared by the Cadre Controlling Authority duly filling up Part II of the application along with attested copies of ACRS/APARs of the Officers for the last three years, i.e. from 2016-17 to 2018-19. Applications which are incomplete or not in the prescribed format or not received through proper channel before the last date Of receipt of application are liable to be summarily rejected. It is Clarified that any form of conditional forwarding from the employer or applications received wilhout certificate Of employer as given in Part II of Annexure — A shall be summarily rejected.

3. The selected Officers can be posted or transferred to any Of the offices of IRDAI. IRDAI reserves the right to cancel the Advertisement fully or partly on any grounds. Any legal proceedings in respect of any matter Of claim or dispute arising out of this  notification and / or an application in response thereto can be instituted only in Hyderabad and courts/ tribunals / forums at Hyderabad only shall have sole and exclusive jurisdiction to try any cause / dispute. . All correspondence will be made through Email and Speed Post. Therefore, all the 6.28 candidates are advised to provide correct e-mail address and check their e-mails regularly for any updates from IRDAI.

Address

Executive Director (Gen) Insurance Regulatory and Development Authority Of India Survey No. 115/1, Financial District, Nanakramguda, Hyderabad - 500 032, Telangana.

Selection Procedure

The shortlisted candidates will be called for a personal interface/lnterview.

How to Apply

The eligible Officers may submit their applications in the prescribed format through proper channel only, i.e., through their cadre controlling authority so as to reach the undersigned on or before 5 pm on 4th October, 2019. Executive Director (Gen) Insurance Regulatory and Development Authority Of India Survey No. 115/1, Financial District, Nanakramguda, Hyderabad - 500 032, Telangana.

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