IRDAI Vacancy: Apply for Member (Actuary) and Member (Distribution), Salary Rs. 5 Lac per month!

November 6, 2025

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IRDAI Vacancy: Apply for Member (Actuary) and Member (Distribution), Salary Rs. 5 Lac per month!

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IRDAI has released vacancy for the post of Member (Actuary) and Member (Distribution). All details related to this recruitment are given below.

S. No.	Name of Post	Number of Vacancies	Date of Vacancies	Consolidated Pay and Allowances
1	Whole-time Member (Actuary)	1	04.01.2026	₹5.00 lakh per month, without the facility of house and car.
2	Whole-time Member (Distribution)	1	02.02.2026	₹5.00 lakh per month, without the facility of house and car.

IRDAI Member Distribution

Applications are invited for appointment of Whole-time Member (Distribution) in the Insurance Regulatory and Development Authority of India, Hyderabad.

1. Qualifications and experience:

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.
1. The applicant should be a citizen of India.

Eligibility:

The applicant must be a person of ability, integrity and standing who preferably has a Post Graduate or a professional degree in the area of Management / Marketing / Consumer Affairs or any other discipline which would in the opinion of the Central Government be useful to the Authority.
The applicant should preferably have at least 25 years of relevant work experience, leading to a senior executive or management position in the organization concerned.
An applicant who is a government servant should preferably have worked at least at the level of Additional Secretary or its equivalent level to the Government of India or in State Governments.
An applicant who is a public sector official should preferably have minimum 2 years of experience at Board level or one level immediately below the Board level.
An applicant from the regulatory sector should preferably have minimum 2 years of experience at least as Executive Director in the regulatory body.
A private sector applicant should preferably have minimum 2 years of experience at Board level or one level immediately below the Board level.
An applicant who is an academician should preferably have minimum 2 years of experience at least as professor in the department or faculty concerned.
An applicant who is a professional other than that falling in any of the aforesaid categories should preferably have experience and credentials in professional fields that are broadly equivalent to those referred to in clause (a) above.
The applicant should have a proven track record of leadership and authority in decision-making.
Age: The applicant should have a minimum of two years of residual service as on the date of vacancy i.e. 02.02.2026, i.e., the applicant’s age should not exceed 60 years on the said date.
Salary and allowances: Consolidated pay and allowances of the whole-time Member shall be Rs. 5,00,000 per month, 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 as amended from time to time.
Term of office: The term of office of the Member shall be in accordance with the relevant provisions under the Insurance Regulatory and Development Authority Act, 1999 (amended from time to time) and the decision of the appointing authority in this regard, provided that no person shall hold office as whole-time Member after attaining the age of sixty-two years.

Submission of application: Application form duly filled in, together with the applicant’s curriculum vitae, one passport-size photograph and the names and contact details of three referees, should be sent in a closed cover, superscripted “Application for Whole-time Member (Distribution), Insurance Regulatory and Development Authority of India”, to:

Abdul Gufran
Under Secretary to the Government of India Department of Financial Services
Ministry of Finance
Room No. 10, 2nd floor, Jeevan Deep Building, Sansad Marg, New Delhi – 110001
Tel.: 011 23748788

Application must be accompanied with an undertaking or self-declaration form on:
whether any penalty has been imposed on the candidate in last 10 years of service. If any, details thereof.
whether any civil or criminal action or inquiry is going on against the candidate. If any, details thereof.

Last date for receipt of application: 01.12.2025

IRDAI Member Actuary

Applications are invited for appointment of Whole-time Member (Actuary) in the Insurance Regulatory and Development Authority of India, Hyderabad

Qualifications and experience:
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.
1. The applicant should be a citizen of India.

Eligibility:

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;
The applicant should preferably have at least 25 years of experience in the area of actuarial science, with a minimum of 3 years’ experience at a senior level.
An applicant who is a government servant should preferably have worked at least at the level of Additional Secretary or its equivalent level to the Government of India or its equivalent in State Governments.
An applicant who is a public sector official should preferably have minimum 2 years of experience at Board level or one level immediately below the Board level.
An applicant from the regulatory sector should preferably have minimum 2 years of experience, at least as Executive Director in the regulatory body.
A private sector applicant should preferably have minimum 2 years of experience at Board level or one level immediately below the Board level.
An applicant who is an academician should preferably have minimum 2 years of experience at least as professor in the department or faculty concerned.
An applicant who is a professional other than that falling in any of the aforesaid categories should preferably have experience and credentials in professional fields that are broadly equivalent to those referred to in clause (a) above.
The applicant should have a proven track record of leadership and authority in decision-making.
Age: The applicant should have a minimum of two years of residual service as on the date of vacancy i.e. 04.01.2026 i.e., the applicant’s age should not exceed 60 years on the said date.
Salary and allowances: Consolidated pay and allowances of the Whole-time Member shall be Rs. 5,00,000 per month, 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 as amended from time to time.
Term of office: The term of office of the Member shall be in accordance with the relevant provisions under the Insurance Regulatory and Development Authority Act, 1999 (amended from time to time) and the decision of the appointing authority in this regard, provided that no person shall hold office as whole-time Member after attaining the age of sixty-two years.

Submission of application: Application form duly filled in, together with the applicant’s curriculum vitae, one passport-size photograph and the names and contact details of three referees, should be sent in a closed cover, superscripted “Application for whole-time Member (Actuary), Insurance Regulatory and Development Authority of India”, to:

Application must be accompanied with an undertaking or self-declaration form on:
whether any penalty has been imposed on the candidate in last 10 years of service. If any, details thereof.
whether any civil or criminal action or inquiry is going on against the candidate. If any, details thereof.

Last date for receipt of application: 01.12.2025