Insurance Institute of India Recruitment 2026 – 02 Faculty Posts
The Insurance Institute of India (III) Mumbai has released an official notification to recruit 02 Faculty Members for General Insurance on a contract basis. Candidates holding a graduate or post-graduate degree with professional insurance qualifications are eligible to apply. The selected professionals will receive a monthly remuneration of Rs. 1,50,000. Applications must be submitted by the deadline of 25th August 2026.
| Organisation | Insurance Institute of India Mumbai |
|---|---|
| Post Name | Faculty Members (General Insurance) |
| Total Vacancies | 2 |
| Last Date | |
| Qualification | Graduate/Post-graduate in any discipline. Associate/Fellowship of Insurance Institute of India or equivalent required. |
| Salary / Pay Scale | Rs. 1,50,000/- p.m. |
| Category | MH Govt Jobs·Research & University Jobs |
| District | Mumbai Suburban |
Faculty Members (General Insurance) Vacancy Details
The Insurance Institute of India, Mumbai, is seeking applications for 02 positions of Faculty Members specializing in General Insurance. These roles are offered on a contractual basis, providing a unique opportunity for experienced professionals to contribute to the institute’s academic mission.
Eligibility Criteria
Applicants must possess a Graduate or Post-graduate degree in any discipline from a recognized university. Additionally, candidates are required to hold an Associate or Fellowship certification from the Insurance Institute of India or an equivalent professional qualification to be considered for this role.
Age Limit & Relaxation
As of 31st July 2026, candidates must be between 55 and 62 years of age. This age bracket is strictly enforced to ensure the recruitment of seasoned professionals with extensive industry experience.
Application Fee
There is no application fee mentioned in the official notification for this recruitment process.
Salary & Pay Scale
Selected candidates will be entitled to a consolidated monthly remuneration of Rs. 1,50,000/-.
Selection Process
The selection process is designed to identify the most qualified candidates through a two-stage approach: a thorough screening of applications followed by a personal interview.
About Insurance Institute of India Mumbai
The Insurance Institute of India (III), headquartered in the bustling financial hub of Mumbai, stands as a premier professional body dedicated to the advancement of insurance education and training in the country. Established with the vision of fostering excellence in the insurance sector, the institute serves as a vital bridge between academic knowledge and practical industry requirements. It operates under the aegis of the insurance industry, maintaining a high standard of professional ethics and technical proficiency. The institute is widely recognized for its comprehensive curriculum, which includes various certificate, diploma, and fellowship programs designed to equip professionals with the skills necessary to navigate the complexities of the global insurance market.
Geographically, the III maintains a significant presence in the Bandra Kurla Complex, a strategic location that allows it to stay connected with major financial institutions and regulatory bodies. Its mission revolves around creating a robust pool of insurance experts who can contribute effectively to the growth of the general and life insurance sectors. By offering rigorous training and conducting professional examinations, the institute ensures that the workforce remains updated with the latest regulatory changes, risk management techniques, and technological advancements in the field.
Career prospects at the Insurance Institute of India are highly rewarding for those passionate about education and insurance research. As a faculty member, professionals get the opportunity to shape the next generation of insurance leaders while engaging in high-level academic discourse. The institute provides a professional environment that encourages continuous learning and intellectual growth. Furthermore, the III plays a pivotal role in standardizing insurance practices across India, making it a cornerstone of the nation’s financial infrastructure. Whether through its research initiatives or its extensive network of affiliated colleges, the institute remains committed to its founding principles of integrity, knowledge, and service to the insurance community.
How to Apply
Interested individuals may submit their applications either via email to [email protected] or by sending a physical copy to Mr. Kedar P. Sant, Secretary (Personnel Department), Insurance Institute of India, G Block, C-46, Bandra Kurla Complex, Mumbai – 400051. Ensure all relevant documents are attached before the deadline.
Important Dates
- Application Start Date: 5th August 2026
- Last Date for Submission: 25th August 2026
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Important Links
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|---|---|
| Download Our App | Click Here |
| Best MPSC Books | Click Here |
| Official Notification | Click Here |
| Official Website | Click Here |
Frequently Asked Questions
Who can apply for Insurance Institute of India Faculty 2026?
Candidates who hold a Graduate or Post-graduate degree in any discipline and possess an Associate or Fellowship of the Insurance Institute of India or equivalent are eligible to apply.
What is the salary for Faculty at III Mumbai?
The selected Faculty Members will receive a consolidated monthly salary of Rs. 1,50,000/-.
What is the selection process for III Mumbai Faculty 2026?
The selection process involves an initial screening of the submitted applications, followed by a personal interview for the shortlisted candidates.
Is III Mumbai a Central or State Government organisation?
The Insurance Institute of India is a professional body dedicated to insurance education. It operates as an autonomous institute serving the insurance industry in India.