Insurance Regulatory and Development Authority of India has released a notification for the Whole-Time Member post. Interested candidates can apply from 19/01/2022 to 15/02/2022. Download the official notification for details on eligibility, post information, job procedure, pay scale, and more.

Insurance Regulatory and Development Authority invites applications for the following post via direct recruitment:

Post Name : Whole Time Member(Non-life)

Essential Qualification :

(1) The applicant must be a person of ability, integrity and standing who have knowledge or experience in life insurance, general insurance, actuarial science, finance, economics, law, accountancy, administration or any other discipline which, in the opinion of the Central Government, would be useful to the Authority.

(2) The applicant should be a citizen of India.

(3) An applicant government servant should preferably have worked at least at the level of Additional Secretary to the Government of India or its equivalent level in State Governments.

(4) An applicant from the regulatory sector should preferably have worked at least as Executive Director in the regulatory body.

(5) An applicant public sector official should preferably have worked at a level which is at least one level immediately below the Board level.

(6) The applicant should have a proven track record of leadership and authority in decision-

making.

(7) An applicant who is an academician should preferably have worked at least as professor

in the department or faculty concerned.

(8) An applicant who is a professional other than that falling in any of the aforesaid categories should preferably have experience and credentials in professional fields that are broadly the equivalent to those referred to in clauses (a) and (b) above.

Essential Work Experience :

(1) The applicant should preferably have at least 25 years’ experience in the area of Insurance (including general and health insurance), with a minimum of three years’ experience at a senior level, not below the rank of a Chief General Manager of the Reserve Bank of India or equivalent thereto in other regulatory bodies or financial institutions/insurance companies.

(2) The applicant should preferably have at least 25 years of relevant work experience, leading to a senior executive or management position in the organisation concerned.

Address to send the application : Candidate must fill in the application form and send it to Vinod Kumar Under Secretary Department of Financial Service Ministry of Finance Room No. 10, Jeevan Deep Building, 2 nd floor Sansad Marg, New Delhi – 110001

For more details related to eligibility criteria, fee, pattern, annexures, place of posting etc. refer to the attachments below.