ee EOE PRRSMPIDRPTRO7/ TRRTYA /2015 19% January, 2016 FOR DISPLAY ON NOTICE BOARDS AND CIRCULATION TO ALL OFFICES/ DEPATRMENTS NOTICE Re: Deputation of Officers to IRDA for various posts IRDA, vide their letter dated 29/12/2015 has sought for deputation of to man different positions in various departments as described/ detailed in IRDA’s notice dated 29/12/2014 in detail (enclosed). Based on experience and present position the application of the officer will be considered for further process of interview and scrutiny of service records, If selected, such Officer will be considered for an equivalent post in IRDA on deputation tor an initial period of 3 (Three) years extendable up to 5 (Five) years based on the performance of the officer and the rules of deputation in vogue at that point of time and subject to the outcome of WP no. 18157 of 2013 of the Hon'ble High Court for the States of Telangana and Andhra Pradesh. The deputation will be governed by instructions issued by DOPT vide OM no. 6/8/2009 - Estt. (Pay II) dated 17,6.2010 as amended form time to time, Interested and willing Officers, meeting the eligibility criteria may submit their applications (scanned copies) duly supported by requisite bio-data/ annexure to their Regional Office latest by 224 January 2015, However candidates are advised to go through the attached IRDA notice dated 29/12/2014 carefully regarding the terms & conditions and satisfy themselves regarding the eligibility criteria before applying. Regional Offices are requested to verify the applications and forward the same with their recommendations/ no-objection to Shri Sukanta Mishra, Chief Manager (P) latest by 26 January, 2015 for our further doing the needful. se Deputy General Manager Encl.: as above.INSURANCE REGULATORY. EVELOPI AUTHORITY. 3 floor, Parishram Bhavan, Basheer Bagh, Hyderabad 500 029 (Tel Nos. 040 — 23381100, 040 6682: Appointm: n Deputation from eligible officers working in PSU Insurers/Financial Requlators/Central Government ete. Ref: HRiDeputation/Dec/2014 Notification Date: 29.12.2014 IL insurance Reaulatory Authority (IRDA) is a statutory body formed under an Act of the Parliament. I The Authority proposes to fill up the following vacancies as Officers on Special Duty (OSD) through deputation of Officers from PSU Insurers/Financial Regulators/Central Government as detailed below. ‘SI. [Nameof equivalent post | Number | Pay scale & Grade pay No of poote 1 Junior Officer-Technical 17100-1000(71)-28100-EB-1000(4)}-32100- 3 1100—33200/ Grade pay:Rs.1500 2 Junior Officer- IT 7 17100-1000(11)-28100-EB-1000(4}-32100- 1100—33200/ Grade pay:Rs.1500 3 “Tunior Officer a 17400-1000(11)-28100-EB-1000(4)-32100- Stenography 1100—33200/ Grade pay:Rs.1500 4 ‘Assistant Director - s Rs.21000-1000(6)-S0000EB-1000(2)-32000- Technical 1100(4)-36400/ Grade pay:Rs.2250 3 Assistant Director - IT 7 | Rs.21000-1000(8)-30000EB-1000(2)-32000- 1100(4}-38400/ Grade pay:Rs.2250 6 Assistant Director -R&D 1 Rs.21000-1000(9)-30000EB-1000(2)-32000- 1100(4)-36400/ Grade pay:Rs.2260 7 Assistant Director - 2 Rs.21600-1000(9)-30000EB-1000(2)-82000- Stenography 11100(4)-36400/ Gracie pay:Rs.2250 @ | Sr. Assistant Director- 5 Rs.28350-1000(6)— 33350-1180(4)-37950- EB- Technical 1150(8)-41400/ Grade pay:Rs.4500 g Deputy Director - IT 2 Rs 39850-1200(2)—42250—13000(9) — 83050 Grade pay:Rs.6750 (Note: Depending on the requirements of the Authority, the no. of posis may vary and interchangeable among the skill stream as may be suitable within the cadre), The willing and eligible Officers may submit their applications in the prescribed format through Proper channel only, i.e. through their cadie controlling authority so as to reach the undersigned on or before 31/01/2015. Sr. Joint Director (General) Insurance Regulatory and Development Authority 3" floor, Parlshram Bhavan Hyderabad 500 029 TelanganaUL Details of eligibility and other conditions to be fulfilled ag at January 1, 2045 1. Eligibility conditions for Junior Officer - Technical: a. Officers holding analogous posts on regular basis in the parent cadre/Department working in Life/Non-Life Insurance/Reinsurance/Agricultural or Credit or other typos of Insurance /Actuarial area with computer skills and experience may apply. Preference would be given to officers with experience in analysis. b. Minimum academic qualifications: Graduate and Associate of Insurance Institute of India ar equivalent OR pass in four subjects of Institute of Actuaries of India ©. Level of Officers eligible (Current post and scale of pay): i, Financial Regulators: Officers equivalent to Grade A of RBVSEBI or in the pay, scale equivalent to 17100-1000(11)-26100-EB-1000(4)-32100-1 100(1)-33200 il PSU Insurers: Scale — | Officers with minimum two years of service in the scale of pay 17240-840(14)-29000-910(4)-32640 ‘Scale Il Officers up to two years of service in the scale of pay Rs.23120- 840(7)-29000-910(6)-34480 ii, Central Government: Officers with minimum two years of service in the pay band Rs.9300-Rs.34800 2. Eligibility conditions for Junior Officer - IT: a. Officers holding analogous posts on regular basis in the parent cadre/Department working in Information Technology area with software, hardware and/or networking skills and experience and domain knowledge of Insurance may apply. Preference would be given to officers with Project management experience in Insurance related field. b. Minimum academic qualifications: B. Tech (IT) or Computer Technology or BCA Level of Officers eligible (Current post and scale of pay): i. Financial Regulators: Officers equivalent to Grade A of RBI/SEBI or in the pay scale equivalent to 17100-1000(1 1)-28100-EB-1000(4)-32100-1100(1}-23200 i PSU Insurers: © Scale ~ | Officers with minimum two years of service in the scale of pay 17240-840(14)-29000-910(4)-32640 . ‘Scale || Officers up to two years of service in the scale of pay Rs.23120- 840(7)-28000-910(6)-34460 ii, Central Government: Officers with minimum two years of service in the pay band Rs.9300-Rs.34800. Eligibility conditions for Junior = Stenography: Officers holding analogous posts on regular basis in the parent cadre/Department working as Stenographers, Personal/Executive Secretaries with computer skills and Secretarial experience may apply. Preference would be given to officers with experience in note preparation and records management. Minimurn academic qualifications: Graduateand qualifications or experience in stenography Level of Officers eligible (Current post and scale of pay): a. Financial Regulators: Officers equivalent to Grade A of REVSEBI or in the pay scale equivalent to 17100-1000(1 1}-26100-EB-1000(4)-32100-1100(1}+ 33200 b. PSU Insurers: * Scale ~ | Officers with minimum two years of service in the scale of pay 17240-840(14)-29000-910(4)-32640 ‘Scale II Officers up to two years of sarvice in tha scale of pay Rs.23120- £240(7)-29000-910(6)-34460 c. Central Government: Officers with two years of service in the pay band Rs.9300-Rs.34800 Eligibility conditions for Assis! ~ Officers holding analogous poste on regular basis in the parent cadre/Department working in Life/Non-Life Insurence/Reinsurance/Agricultural or Credit or other types of Insurance/Actuarial area with computer skills and experience may apply. . Minimum academic qualifications: Graduete and Fellow of Insurance Institute of India or equivalent OR Pass in 5 subjects of Institute of Actuaries of India. Level of Officers eligible (Current post and scale of pay) Financial Regulators: Officers equivalent to Grade B of RBVSEBI of in the pay scale equivalent to 21000-1000(8)-30000-EB-1000(2)-32000-1100(4)-36400 i. PSU Insurers: * Scale II Officers with minimum two years of service in the scale of pay Rs.23120-840(7)-29000-910(6)-34460 * Scale tH Ofticers up to four years of service in the scale of pay 28160- 840(1)-29000-910(6)-34460-1200(4)-39260 Central Government: Officers with minimum three years of service in the pay band Rs. 15600 — Rs.39100 with Grade pay of Rs.5400- Eligibilit ii i i = IT |. Officers holding analogous posts on regular basis in the parent cadre/Deparment werking in Information Technology area with software, hardware and/or networking skills and experience and domain knowledge of Insurance may apply. Preference would be given to officers with Project management experience in Insurance related field, . Minimum academic qualifications: B, Tech (IT) or Computer Technology or MCA, or Masters in IT from a recognized university . Level of Officers eligible (Current post and scale of pay): i. Financial Regulators: Officers equivalent to Grade B of RBVSEBI or in the pay scale equivalent to 24000-1000(8)-30000-E8-1000(2)-32000-1100(4)-36400 i, PSU Insurers: * Scale Il Officers with minimum two years of service in the scale of pay Rs.23120-840(7)-29000-910(6)-34460 * Scale ill Officers up to four years of service in the scale of pay 28160- £840(1)-20000-910(6)-34460-1200(4)-28260 . Central Government: Officers with minimum three years of service in the pay band Rs.15600 — Rs.39100 . Eligibility conditions for Assistant Director — R&D: 1. Officers holding analogous posts on reguiar basis in the parent cadre/Department working In Research/Statistics and Publlcation area with computer skilis and experience may apply. Preference would be given to officers with experience in statistical analysis of trends and publication of research reports. . Minimum academic qualifications: M Sc Statistics/M. Stat or equivalent g. Level of Officers eligible (Current post and scale of pay): i. Financial Regulators: Officers equivalent to Grade B of RBV/SEBI or in the pay scale equivalent to 21000-1000(8)-30000-EB-1000(2)-32000-1100(4)-36400 li. PSU Insurers: © Scale II Officers with minimum two years of service in the scale of pay Rs,28120-840(7)-29000-910(6)-34460 * Scale Ill Officers up to four years of service in the scale of pay 28160- £840(1)-28000-910(6)-34460-1200(4)-39260 Mi, Central Government: Officers with minimum tee years of service in the pay band Rs. 15800 - Rs.391007. Eliaibility conditions for Assistant Director ~ Stenography a. Officers holding analogous posts an reguiar basis in the parent cadre/Department working as Stenographers, Personal/Executive Secretaries with computer skills and Secretarial experience may apply. Preference would be given to officers with experience in note preparation and records management, b. Minimum academic qualifications: Gradueteand qualifications or experience in stenography ©. Level of Officers eligible (Current post and scale of pay): i. Financtal Regulators: Officers equivalent to Grade B of RBI/SEBI or in the pay scale equivalent to 21000-1000{9}-30000-EB-1000(2}-32000-1100(4)-36400 ii, PSU Insurers: ‘= Scale Hl Officers with minimum two years of service in the scale of pay Rs.23120-840(7)-29000-910(6)-34400 ‘+ Scale Ill Officers up to four years of service in the scale of pay 28160- 840(1)-29000-910(6)-34460-1200(4)-39260 ii, Central Government: Officers with minimum three years of service in the pay band Rs. 15600 Rs.39100 8, Eligibility conditions for Sr. Assistant Director - Technical: @. Officers holding analogous posts on regular basis in the parent cadre/Department working in Life/Non-Life Insurance/Reinsurance/Agricultural or Credit or other types of Insurance/Actuarial area with computer skills and experience may apply. b. Minimum academic qualifications: Graduate and Fellow of Insurance Institute of india or equivalent OR Pass in 7 subjects of Institute of Actuaties of India. c. Level of Officers eligible (Current post and scale of pay): i. Financial Regulators: Officere equivalent to Grade C of RBI/SEBI or in the pay scale equivalent to 28350-1000(5)-33350-1150(4)-37950-EB-1150(3}-41400 ii, PSU Insurers: * Scale Ill Officers with minimum five years of experience in the scale of pay 28180-840(1)-20000-910(6)-34460-1200(4)-39260 * Scale IV Officers up to five years of experience in the Scale of pay 34460- 4200(7)-42860 ii, Central Government: Officers with minimum three years of service in the pay band Ra.15600 — Rs.301009. lity condit Deputy Director ~ Information Technology: |. Officers holding analogous posts on regular basis in the parent cadre/Department working in Information Technology area with software, hardware and/or networking skills: and experience and domain knowledge of Insurance may apply. Preference would be given to officers with Project management experience in insurance related field. Minimum academic qualifications: B. Tech (IT) or Computer Technology or MCA or Masters in IT from a recognized university, Level of Officers eligible (Current post and scale of pay): a. Financial Regulators: Officers in Grade D of RBV/SEBI or in the pay scale equivalent to 39850-1200(2)-42250-1300(3)-46150 b, PSU Insurers; Scale V Officers with basic pay of Rs.45260 and above , Central Government: Officers in the pay band Rs.37400 — Rs.67000 /. General conditions: The Officer applying for any of the above posts should be holding an analogous post In PSU Insurers/Financial Regulators/Central Goverment. Maximum age of the applicant should be nol more than 56 years for all posts reckoned as on 01-01-2015. The Officers occupying same group of posts with similar responsibilities and duties and identical scales of pay in the parent organization as specified in the eligibility conditions for each post are required to apply, Pay fixation and other terms of deputation shall be governed by DoPT Rules including OM No. 6/8/2009-Estt. (Pay Il) dated 17-06-2010 as amended from time to time. ‘The petiod of deputation shall be for 3 (three) years and may be extended up to § (Five) with the permisston of the Hon'ble High Court for States of Telangana and Andhra Pradesh in Writ petition no. 18157 of 2043. Desirable experience: Applicants should have worked in Insurence/Financial services area in the last three years. Cooling off period: The applicants must fulfil! a ‘cooling off period of three years from the date of return from previous deputation. Also the Officers currently serving the Authority on regular basis or on deputation or served the Authority on deputation during the last three years are not eligible apply. ‘Separate application needs to be submitted for each post by applicants who apply for mare than one post The cadre controlling Authority is requested to forward the applications of theinterested Officers whose services can be spared by duly filing up Part Il of the application along with attested copies of ACRS/APARs of the Officer for the fast three years, ie. from 2011- 12 to 2013-14, The cadre controlling authority is requested to. confirm requisite qualifications/experience for these posts mentioned by the applicant in the fitled in application form. The Authority reserves the right to relax the conditions in the interest of administrative exigencies for any class or category of persons applied for any of the aforesaid post. The Authority reserves the right to vary the vacancies. The shortlisted candidates will be called for a personal interface. The applications received after the last date or incomplete or not through proper ‘channet will not be considered.‘Qualification si.No Experience/Skils 1 | Financial analysis with Life comain knowledge/qualifications and qualifications and experience in finance/investment analysis. UC of tndia/FRA or Investment Departments 2 | Financial analysis with Non-Life domain knowledge/qualificalions and qualifications and experience in| GIC, New india, United, financeyinvestment analysis. National, Oriental and ECGC 3. {Economic —analysis/research with MSc (Statistical) MA qualifications in (Eco) ...graduate and Statistics/Economics/Actuarial Science pass in subject of RBI/SEBL institute of Actuaries @ {Domain expertise/qualifications/experience in reinsurance GIC, New India 5 Domain expertise/qualifications/experience in Credit Insurance EC6C © | Domain expertise in capital market or MBA finance investment instruments with qualifications in Accounting/Company SEBI, CCIL & investment Secretary ship Departments of LIC & GIC Information technology with software, hardware and/or networking skills and ‘experience. Preference would be given to officers with SAP ERP(HR/FICO)/ ABAP/BASIS background/experience LC, GIC, National Housing Bank & IDRBTPROFORMA FOR APPLICATION FOR DEPUTATION TO Annexure It (A) Personal deta 1. INSURANCE REGULATORY AND_ DEVELOPMENT AUTHORITY HYDERABAD PART! Post applied for: Stream applied for Name (in block letters): Recent passport 2. Organization to which you belong: size photograph 3. Office Address (with Tel No.): 4. Residential Address (with Tel No.) 5. Mobile No.: 6. Sex (Male/Female): 7. Date of Birth and Age (completed years): 8. Whether belongs to SC/ST/OBC: (B) Qualifications 1. Educationa! Qualifications (Graduation onwards): ‘Examinations University! Year of | Duration | Subjects | Percentage passed Institute Passing | of of Marks. (Board Course 2. Professional qualifications Examinations University’ Year of | Ouration [Subjects] Percentage passed Institute Passing | of of Marks {Board __i CourseAnnexure tt (C) Service details 1. Total number of years of service 2. Details of analogous post held + Number of years in the present post * Designation and post held * Present Pay scale and Grade pay, if any + Present salary ( current Basic Payt Grade Pay + other emoluments) (Please attach the pay slip) 3. Date of retirement 4, Details of employment in chronological order, starting with presently held position (If needed, enclose a separale sheet duly aulhenticated by your signature in the format below): Offico/inetitute? [Post | Period Naturé —F [Seale | Nature Organization held Appointment | of Pay - (Regular and Duties Ad- hoa! Basic Deputation) |pay & Grade Pay From | To Deputation history during the last five years, starting with the latest Office! Post Period Scale of Pay Remarks HeldAnnexure I nae sepa Pea of 1 repatvaton Basie nS yf Pay Band& Grade Pay ©) Tralning 1. Details of training undergone, if any: a b. °. (€) Others 1, Details of proficiency in Insurance/Financial services: 2. Details of proficiency in computer skills: 3. Whether you have applied for any other posts in response to the Present Notification? Please mention details: b. 4, Any other relevant information, which you wish to fumish: 5. Please state briefly how you find yourself best suitable for the post applied for: 6. Please indicate name and address/phone numbers of two references (Officers in theAnnexure tl cadre of Scale IV and above) in your Organization Date: (Signature of the Applicant) Place: Part il Recommendation of the Organization where the Officer is presently working 1, The service particulars given by the applicant are verifled with reference to the Service records pertaining to the above officer and found to be correct. 2. Photocopies of the ACRs/APARS (duly attested) for preceding 3 ycars are enclosed. 3. There are no vigilance/non vigilance/Miscellaneous cases pending against the Officer in our records. 4, If the Officer ie elected for appointment on deputation in IRDA, he/she will be relieved within 15 days of receiving the intimation from IRDA {Signature of the Competent Authority Office seal)