IRDAI Recruitment 2023 IRDAI is currently accepting applications for its Young Professional Recruitment 2023. The recruitment drive is aimed at filling 30 positions across three categories: Young Professional (Finance & Investment), Young Professional (Law), and Young Professional (Technology). Interested candidates can submit their applications online through the official website starting from August 11, 2023, until September 1, 2023. Don’t miss this opportunity to join IRDAI as a Young Professional in these diverse fields.
Official Notification & Application IRDAI Recruitment 2023
| IRDAI Recruitment 2023 Official Website Link | CLICK HERE |
| IRDAI Recruitment 2023 Official Notification | CLICK HERE |
| IRDAI Recruitment 2023 Official Apply Form Link | CLICK HERE |
| IRDAI Recruitment 2023 முழு விளக்கம் Video Link | CLICKHERE |
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Quick Information About IRDAI Recruitment 2023
| Department Name | IRDAI Recruitment 2023 |
| Category of this Job: | Central Government Job |
| Job Type: | Contract Basis Job |
| Total Vacancies: | Various |
| Name Of the Vacancy: | Young Professional (Finance & Investment), Young Professional (Law), Young Professional (Technology) Posts |
| Place Of Postings: | India |
| Application starting Date: | 11.08.2023 |
| Application Ending Date: | 01.09.2023 |
| Apply Mode On: | Online Mode Apply Very Easy |
Disclaimer:
We share private & Government ( State – Central ) Like job vacancies that appear daily (peculiar Jobs 20 Post on our site ) Updated Daily accurately and in a way that anyone can understand, and we share full government job details, applications, and job results on our site. Applicants are asked to visit our website daily visit our Website www.saivikramacademy.com Daily and select the positions they are applying for.
Vacancy details for this Job
Latest IRDAI Young Professional Vacancy Details:
IRDAI Invites Applications for the Following Posts
| SI No | Name of Posts | No. of Posts |
| 1. | Young Professional (Finance & Investment) | 10 |
| 2. | Young Professional (Law) | 10 |
| 3. | Young Professional (Technology) | 10 |
| Total | 30 |
IRDAI Young Professional Eligibility Criteria:
Educational Qualification:
| 1. Young Professional (Finance & Investment) – Educational Qualification: Post Graduate qualification (degree / 2-year diploma) with specialization in Finance from a recognized and reputed university/ institution, with minimum 55% aggregate marks or equivalent CGPA; OR Chartered Accountant (CA)1 / Company Secretary (CS)2 / Cost Management Accountant (CMA)3 ; OR Successfully completed all 3 (three) levels of Chartered Financial Analyst (CFA) course from CFA Institute (USA). Desirable criteria: Preference to be given to candidates with work experience in financial sector after completion of PostGraduation or CA/CS/CMA/CFA. |
| 2. Young Professional (Law) – Educational Qualification: Bachelors’ Degree in Law from a recognized and reputed university/ institution, with minimum 55% aggregate marks or equivalent CGPA. Desirable criteria: Preference to be given to candidates with work experience in the insurance sector after completion of the Bachelors’ Degree in Law/ LLM. |
| 3. Young Professional (Technology) – Educational Qualification: Anyone of the following degrees from a recognized and reputed university/ institution with minimum 55% aggregate marks or equivalent CGPA: (i) B.E. / B. Tech in Electronics / Electronics and Communication / Information Technology / Computer Science/ Software Engineering; or (ii) MCA / MSc (IT) / MSc. (Computer Science) / MBA (Systems) / MBA (Analytics) / M. Tech (Computer Science/ IT/ Relevant Stream) / MS (Computer Science/ IT/ Relevant Stream) or equivalent degree. Desirable criteria: Preference to be given to candidates with work experience in the field of software development (programming) or cyber security or well versed with Blockchain, Big data, Artificial Intelligence, Natural Language processing, Machine Learning, Predictive Analytics. For Software Development, desirable skill set includes: JAVA: Proficient in programming of JSP/J2EE with latest framework like Spring/ Hibernate; OR Angular: Proficient in programming of Angular; OR SAP-ABAP: Proficient in programming of SAP-ABAP/ Web Dynpro; OR Python: Proficient in programming of Python; OR BPM: Proficient in IBM BPM development; OR Database: Proficient in Database like DB2/ORACLE/PostgreSQL/ MySQL etc. For cyber security, desirable skill set includes: – Knowledge of global best practices in the areas of information & cyber security and security operations – Taking corrective measures / prudent response in case of cyberattacks. Development, implementation and ensuring compliance with cyber security and information security policies and procedures – Installation / operation of any of the following security products: i. Data Security [Data Leakage Prevention (DLP)/ Database Activity Monitoring (DAM) etc.]; OR ii. Network Security [Firewall/ Intrusion Prevention System (IPS)/ Proxy/ Distributed Denial-of-Service (DDoS) etc.]; OR iii. System Security [Privileged Identity Management (PIM)/ Antivirus/ Anti- Advanced Persistent Threat (APT) etc.] |
Age Limit:
| 1. Young Professional (Finance & Investment) – not more than 30 years |
| 2. Young Professional (Law) – not more than 30 years |
| 3. Young Professional (Technology) – not more than 30 years |
Candidates Relaxation in Upper Age limit will be provided as per Govt. Rules. Go through IRDAI official Notification 2023 for more reference
Salary Details:
| 1. Young Professional (Finance & Investment) – Rs. 75,000/- (all inclusive). |
| 2. Young Professional (Law) – Rs. 75,000/- (all inclusive). |
| 3. Young Professional (Technology) – Rs. 75,000/- (all inclusive). |
IRDAI Young Professional Selection Process 2023:
IRDAI may follow the following process to select the candidates.
| 1. Interview |
How to apply for IRDAI Young Professional Post:
Candidate(s) fulfilling all the above clearly laid down criteria will have to apply online only through the link on the IRDAI website in the careers webpage under current openings section i.e. https://www.rites.com/ from 11.08.2023 to 01.09.2023. No other mode of application will be accepted.
Important Dates for IRDAI Young Professional Post:
| Starting Date for Submission of Application | 11.08.2023 |
| Last date for Submission of Application | 01.09.2023 |
The Insurance Regulatory and Development Authority of India (IRDAI) plays a pivotal role in regulating and promoting the insurance sector in India. With the growth of the insurance industry, the demand for skilled professionals has increased significantly. This article delves into the IRDAI recruitment process, shedding light on the opportunities it offers and the insights aspiring candidates need to know.
Evolution of the Insurance Sector in India: The insurance sector in India has undergone remarkable transformation over the years. From being a predominantly state-controlled industry, it has transitioned into a competitive and dynamic market with numerous private players. This evolution has not only created new avenues for policyholders but has also led to increased employment opportunities in various domains of the sector.
Role of IRDAI: The Insurance Regulatory and Development Authority of India (IRDAI) was established in 1999 as an autonomous regulatory body to oversee and regulate the insurance industry in the country. Its primary objective is to safeguard the interests of policyholders while ensuring the growth and stability of the industry. IRDAI formulates regulations, monitors market conduct, and promotes fair competition among insurance companies.
Recruitment at IRDAI: IRDAI recruits professionals from diverse backgrounds to cater to the multifaceted needs of the insurance sector. The recruitment process includes various levels of positions, each requiring specific qualifications and expertise. Let’s explore some of the common positions for which IRDAI conducts recruitment:
1. Assistant Managers: Assistant Managers are the backbone of IRDAI, responsible for implementing policies, overseeing regulatory compliance, and ensuring the smooth functioning of the organization. Aspiring candidates should possess a strong academic background, often with qualifications in finance, economics, law, or management. Clearing a competitive examination followed by an interview is the typical selection process.
2. Legal Professionals: Given the intricate legal framework surrounding the insurance sector, IRDAI hires legal professionals to provide expert guidance on regulatory matters, disputes, and policy formulation. A degree in law and relevant experience are essential for these roles. In-depth knowledge of insurance laws and regulations is crucial.
3. Actuaries: Actuaries play a critical role in insurance companies by assessing risks, calculating premiums, and ensuring the financial sustainability of insurance products. IRDAI recruits actuaries to evaluate the financial soundness of insurers and assess their compliance with regulations. Becoming a certified actuary and having a strong background in mathematics and statistics are prerequisites for these positions.
4. IT and Technology Experts: In the digital age, technology has become integral to the insurance industry. IRDAI recruits IT professionals to develop and maintain robust technological infrastructure, ensure data security, and promote digital innovation. Candidates with degrees in computer science, information technology, or related fields are sought after for these roles.
5. Finance and Accounts Specialists: The financial operations of insurance companies require meticulous management and regulatory oversight. IRDAI recruits professionals with expertise in finance, accounting, and audit to monitor financial statements, assess solvency margins, and ensure compliance with accounting standards.
Recruitment Process: The recruitment process at IRDAI is rigorous and designed to select the best-suited candidates for each position. It generally involves the following stages:
1. Application: Candidates need to apply online through the official IRDAI website, providing necessary details and uploading relevant documents.
2. Written Examination: Depending on the position, candidates might need to clear a written examination that assesses their knowledge in relevant subjects, aptitude, and reasoning skills.
3. Interview: Shortlisted candidates are called for an interview where their subject knowledge, problem-solving abilities, communication skills, and suitability for the role are evaluated.
4. Document Verification: Successful candidates undergo document verification to ensure the authenticity of their educational and professional qualifications.
Opportunities and Benefits: Working with IRDAI offers numerous opportunities for personal and professional growth:
1. Impactful Work: Employees at IRDAI contribute to shaping the insurance sector by formulating policies, ensuring compliance, and promoting financial stability.
2. Learning Environment: IRDAI provides a conducive environment for continuous learning through training, seminars, and exposure to evolving industry trends.
3. Job Security: Being a regulatory authority, IRDAI offers a high level of job security, making it an attractive option for individuals seeking stability in their careers.
4. Competitive Compensation: IRDAI provides competitive compensation packages along with various allowances and benefits.
5. Work-Life Balance: A conducive work environment and a healthy work-life balance are promoted at IRDAI, making it an appealing choice for individuals seeking stability and quality of life.
Challenges and Considerations: While a career with IRDAI offers numerous benefits, there are certain challenges to be aware of:
1. Stringent Selection Process: The recruitment process is highly competitive, requiring candidates to showcase their skills and knowledge effectively.
2. Continuous Learning: The insurance industry is ever-evolving, necessitating employees to stay updated with changing regulations and market dynamics.
3. Regulatory Pressure: Working in a regulatory authority means being under constant scrutiny to ensure compliance and fairness.
4. Job Specificity: Some positions at IRDAI require specialized skills and knowledge, limiting the scope for candidates without relevant backgrounds.
The Insurance Regulatory and Development Authority of India plays a crucial role in shaping the insurance landscape of the country.
Its recruitment process offers diverse opportunities for professionals from various fields to contribute to the growth and regulation of the insurance industry.
Aspiring candidates should be prepared for a competitive selection process, continuous learning, and a commitment to upholding the highest standards of professionalism and regulatory compliance.
A career with IRDAI can be rewarding, impactful, and a significant step toward contributing to India’s financial sector.
Official Notification & Application IRDAI Recruitment 2023
| IRDAI Recruitment 2023 Official Website Link | CLICK HERE |
| IRDAI Recruitment 2023 Official Notification | CLICK HERE |
| IRDAI Recruitment 2023 Official Apply Form Link | CLICK HERE |
| IRDAI Recruitment 2023 முழு விளக்கம் Video Link | CLICKHERE |
| VSSC ISRO எப்படி Apply செய்ய வேண்டும் Video Link | CLICKHERE |
| How to Apply DCDRC Recruitment 2023 Full Video Link | CLICK HERE |
| எப்படி ( RESUME Make ) செய்ய வேண்டும் முழு Video Link 👉 | CLICK HERE |
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Notification & Application & Study Materials எடுக்கத் தெரியவில்லை என்றால் இந்த வீடியோ பாருங்க 👉👉👇👇 : https://youtu.be/aIJ8nvm8KLw
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