Post Name for Ministry of Finance Recruitment 2023:

As mentioned in the official notification of Ministry of Finance recruitment 2023, the vacancy is open for the posts of Whole-time Member (Actuary) and Whole-time Member (Finance and Investment) in Insurance Regulatory and Development Authority of India, Hyderabad.

Age Limit for Ministry of Finance Recruitment 2023:

As given in the official notification of Ministry of Finance recruitment 2023, the candidate should not be above the age of 60 years.

Place of Posting for Ministry of Finance Recruitment 2023:

As per the official notification of Ministry of Finance recruitment 2023, the place of posting will be Hyderabad.

Salary for Ministry of Finance Recruitment 2023:

According to the official notification of Ministry of Finance recruitment 2023, the selected candidate will be given a monthly salary of Rs. 400000 without the facility of house and car.

Other terms and conditions of service of the Member shall be governed by the Insurance Regulatory and Development Authority (Salary and Allowances payable to and other Terms and Conditions of Service of Chairperson and other Members) Rules, 2000.

Qualification for Ministry of Finance Recruitment 2023:

Candidates must have the given below qualifications to apply for Ministry of Finance Recruitment 2023.

Whole-time Member (Actuary)-

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 would in the opinion of the Central Government be useful to the Authority.

2- The applicant should preferably have at least 25 years’ experience in the area of actuary, 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 financial institutions or regulatory bodies.

3- The applicant should preferably be Fellow of the Institute of Actuaries of India (IAI) or Institute and Faculty of Actuaries in the UK (IFA) or Institute of Actuaries of Australia or Society of Actuaries in US or Canadian Institute of Actuaries, Canada;

4- The applicant should be a citizen of India

Whole-time Member (Finance and Investment)-

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 would in the opinion of the Central Government be useful to the Authority.

2- The applicant should preferably have at least 25 years’ experience in the area of finance and investment, 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 financial institutions or regulatory bodies.

3- The applicant should be a citizen of India.

How to Apply for Ministry of Finance Recruitment 2023:

As per the official notification of Ministry of Finance recruitment 2023 notification, eligible candidate can fill out the application form given in the official notification and send their duly filled-in application form by post to Shri Vinod Kumar Under Secretary to the Government of India Department of Financial Service Ministry of Finance Room No. 10, Jeevan Deep Building, 2nd floor Sansad Marg, New Delhi – 110001.

The last date for submitting the application form is 10th August 2023. No applications will be accepted after the last date. Incomplete/False applications will be rejected.