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Internship
Ref. No: IRDAI/HR/INTERNSHIP/2019 Date: 07-03-2019
Internship in IRDAI

Internship in IRDAI

 

IRDAI proposes to offer internship to students, who are citizens of India, pursuing studies in reputed Institutions such as IITs/IIMs/IIITs/Central Universities/National Law Schools and similar other institutions and are in their pre-final year of graduation or pre-final year of post-graduation.

The other terms and conditions of internship are as under.

 

1.    The students should be pursuing their pre-final year of graduation or pre-final year of post-graduation in the above named institutions.

 

2.    The Intern shall be a regular student of the institution.

 

3.    The internship is for carrying out project/get training in the area of insurance only from regulatory perspective. The minimum duration of the internship is two months and a maximum of three months.

 

4.    A Screening Committee constituted for the purpose will scrutinize the applications received and the candidate selected shall be informed by IRDAI under intimation to the Institution concerned.

 

5.    Based on their credentials, the IRDAI may consider offering them internship in different areas based on their aptitude and/or interest and as per selection by the Screening Committee.

 

6.    The deliverables from the internship are decided at the time of offering the internship itself. The interns are required to furnish a declaration of secrecy before reporting for the Internship.

 

7.    Internship will be offered at IRDAI’s Head Office in Hyderabad commencing in May, 2019.

 

8.    The interns will be paid a stipend of Rs.10,000/-. No other facilities will be provided to the interns by IRDAI.

 

9.    It shall be the responsibility of the Interns to make their own arrangements for accommodation and laptops. Working space/internet facility and also other necessities as deemed fit will be provided by IRDAI.

 

10. The project will be monitored by a Supervising Official of the Department allocated who will act as Project Guide.

 

11. On completion of the project, the intern will have to make a presentation on the Project to the HODs in IRDAI and submit a report to HR Department. The Intern will also submit a report / working prototype / model to the IRDAI Library.

 

12. The number of interns will be around 10.

 

13. IRDAI shall be free to use all the research and academic output as may be appropriately decided.

 

14. The interns shall have no right/claim for an appointment in IRDAI by virtue of their internship.

 

Interested students may submit their applications in prescribed format duly certified by the sponsoring Institution in a closed envelope superscribed as “Application for Internship” addressed to:

 

The Executive Director (Gen)

Insurance Regulatory and Development Authority of India

Survey No.115/1, Financial District, Nanakramguda

Hyderabad - 500 032.

 

The application complete in all respects should reach on or before 5.00 PM on 31-03-2019. It may be sent on email to internship@irdai.gov.in.

 

 

 

(M. Pulla Rao)

Executive Director (Gen)

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