IRDAI Young Professionals Recruitment
IRDAI Young Professionals Program
IRDAI has released Notification for the Young Professionals(YPs) Program.
Eligible candidates can check out the detailed notification & apply online link at the end of this blog for IRDAI Young Professionals Recruitment.
About IRDAI:-
Insurance Regulatory and Development Authority of India (IRDAI) is a statutory body formed under an Act of the Parliament.IRDAI is tasked with regulating and licensing the insurance and re-insurance industries in India.The agency's headquarters are in Hyderabad, Telangana.
Advt.No. IRDAI/HR/YPP/08/2023
Important Dates-
The last date for submission of application is on or before 5:00 PM on 01.09.2023.
Vacancies Details:-
Young Professional (Finance & Investment)
- Total 10 Vacancies
Young Professional (Law) - Total 10 Vacancies
Remuneration :-
YPs shall be paid a monthly stipend of ₹75,000/- (all inclusive). Income tax or any other tax liable to be deducted as per the applicable rules will be deducted at source before effecting the payment. Selected outstation candidates will be reimbursed to and from economy airfare by the shortest route from the place of their residence to place of undertaking the project.
IRDAI will provide office space, internet connectivity and other support facilities to YP.
Age Limit-
The candidate must be an Indian Citizen of age not more than 30 years as on the last date of receipt of applications
Educational Qualification :-
Essential Criteria: YP (Finance & Investment)
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)/ Company Secretary (CS)/ Cost Management Accountant (CMA)
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 Post- Graduation or CA/CS/CMA/CFA.
Essential Criteria:-YP (Law)
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.
Duration of program:-
The duration of engagement of Young Professional (YP) shall be 1 (one) year,which may be further extended by the Competent Authority by 2 stretches of 1 (one) year each, depending on the performance of YPs and organizational requirements.
The total duration of engagement of a YP shall not exceed 3 (three) years.
Job Location:-
The program will be offered at Head Office or any other office of IRDAI.
Selection Procedure :-
There will be a Screening Committee which will scrutinize the applications and
shortlist the applicants for a personal interview. The shortlisted applicants will be called for the personal interview and the Screening Committee will recommend the names of the selected candidates.
Application Process:-
The interested eligible candidates shall submit an online application through the
link given below.👇
Candidates may note that this is the only permitted mode to apply for IRDAI YPP
and application submitted by any other means/mode will not be accepted.
Note-
Read the Detailed Notification attached below before application & make sure your eligibility for the post.
Download Section :-
Official Notification :- Download
Official Website - Click here
Apply Link :- Click Here
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