IRDA Recruitment of Directors

INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY
Recruitment Notification for the Posts of Senior Joint Director / Joint Director / Deputy Director (s)

Last date for receipt of filled-in Application is 5^th March 2011.  
Applications are invited for the following posts in the Insurance Regulatory and Development Authority, Hyderabad:

1. Senior Joint Director  /  Joint Director (Legal)                                           -1Post  (Min.Qual :Post Graduation in Law or First Class Bachelor’s Degree in Law.)

Payscale: Rs.32600 –1000 (3) – 35600  [Pre-revised]

Payscale: Rs.28800-900(2)-1000(2)-32600 for JD) [Pre-revised]

2. Senior Joint Director /                                                                                     -1 Post  (Min.Qual : Post Graduation or First Class Bachelor’s Degree preferably in Commerce/ Business Administration/ MBA in Financial Management.)

Joint Director (Inspection)

Payscale: Rs.32600 –1000 (3) – 35600  [Pre-revised]

Payscale: Rs.28800-900(2)-1000(2)-32600 for JD) [Pre-revised]

3. Joint Director (Life Insurance)                                                                        -1Post (Min Qual: Post Graduation or First Class Bachelor’s Degree preferably in Commerce/ Business Administration/ MBA in Financial Management with FII or equivalent.)

Payscale: Rs.28800-900(2)-1000(2)-32600 [Pre-revised]

4. Joint Director (Intermediaries)                                                                       -1 Post(Post Graduation or First Class Bachelor’s Degree preferably in Commerce/ Business Administration/ MBA in Financial Management.)

Payscale: Rs.28800-900(2)-1000(2)-32600 [Pre-revised]

5. Deputy Director (Actuarial)                                                                               -3Posts (Graduate and  Associate of Institute of Actuaries of India or equivalent.)

Payscale :Rs.24875-800(5)-28875-900(5)-34275 (11Y)     [Pre-revised]

6. Deputy Director (Accounts)                                                                               -3Posts (Associate of Institute of Chartered Accounts of India or equivalent.)

Payscale :Rs.24875-800(5)-28875-900(5)-34275 (11Y)     [Pre-revised]

5.   Mode of Selection

a)    Screening Committee constituted by the Authority will examine the applications and candidates qualifying the criteria may be considered for being called for written test/interview/selection.  

b)    Merely fulfilling the eligibility conditions as regards age/qualifications/experience, after short-listing of candidates, would not automatically entitle any candidate to be called for written test/interview/selection.. 

c)    The selected candidates will be posted in the office of the Authority located in Hyderabad and at such other places where the Authority may establish its offices.

d)    The Authority reserves the right to modify the selection procedure, at its discretion.

6.    Written Examination:

a)     Written Examination of around 3 hours duration for 100 marks may be held.  Candidates would have to secure minimum marks separately for each test as prescribed by the Authority, in their respective fields.

b)      The Written Examination may be held at Hyderabad. Candidates will be required to appear for the Written Examination at their own cost.

c)      Candidates will be short-listed for interview based on the aggregate marks obtained in the written examination. The Authority reserves the right to modify the selection procedure, if deemed fit.

7.     How to Apply:

Applications complete in all respects must be sent in a closed envelope necessarily superscribed “APPLICATION FOR THE POST OF SENIOR JOINT DIRECTOR, JOINT DIRECTOR & DEPUTY DIRECTOR to the following address:- 

The Executive Director (Administration)

Insurance Regulatory and Development Authority
3^rd Floor, Parisrama Bhavanam , Basher Bagh,
Hyderabad – 500 004

8. Last Date

Last date for receipt of filled-in Application is 5^th March 2011.
Check All Details Here