Thursday, October 27, 2011

IRDA INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY | GOVT. JOBS | ASST. DIRECTOR POSTS | LAST DATE: 20 NOVEMBER,


IRDA
BE/ BTECH (ECE/ IT/ Computer Science) required in Insurance Regulatory and Development Authority (IRDA), Hyderabad.
In 1999, the Insurance Regulatory and Development Authority (IRDA) was constituted as an autonomous body to regulate and develop the insurance industry. The IRDA was incorporated as a statutory body in April, 2000. The key objectives of the IRDA include promotion of competition so as to enhance customer satisfaction through increased consumer choice and lower premiums, while ensuring the financial security of the insurance market.
   
     The IRDA opened up the market in August 2000 with the invitation for application for registrations. Foreign companies were allowed ownership of up to 26%. The Authority has the power to frame regulations under Section 114A of the Insurance Act, 1938 and has from 2000 onwards framed various regulations ranging from registration of companies for carrying on insurance business to protection of policyholders’ interests.
Assistant Director (IT)
Ref: 004/Emp/IRDA/2011
Educational Background: BE/ BTECH (ECE/ IT/ Computer Science) from a recognized University.
21000-1000(9)-30000-EB-1000(2)-32000-1100(4)-36400 (16 Years)
Scale of Pay:
Age Limit as on 01st October, 2011: Maximum 40 years.
Work Experience (Essential): 3 years in relevant experience and must have worked at appropriate level with regard to the post.
Desirable Experience:
  • Experience in SAP/SQL is preferred for IT posts.
  • Familiarity in Networks/ Security/Database Management/Systems is preferred for IT posts.
  • Actuarial qualifications at appropriate level and/or Fellow of Insurance Institute of India in the same order of preference.
  • Strong verbal and written communication skills;
  • Effective interpersonal relations skills, ability to effectively collaborate with others and work as part of a team;
  • Skills in navigating a large organization in order to accomplish results;
  • Ability to initiate and follow through on complex projects of both short and long term duration;
  • Excellent organizational and time management skills;
  • Proficiency with MS Office suite, MS Visio, MS Project, and MS Outlook;
  • Excellent analytical and problem solving skills;
To Apply: Candidates are required to apply in the prescribed format latest by 20thNovember, 2011 and send the completely filled application format to the following address in an envelope super scribing–
The Executive Director (Administration)
Insurance Regulatory and Development Authority
3rd Floor, ParisramaBhavanam , Basher Bagh,
Hyderabad – 500 004.

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