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.
The students should be pursuing their pre-final year of
graduation or pre-final year of post-graduation in the above named
The Intern shall be a regular student of the institution.
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.
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.
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.
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.
will be offered at IRDAI’s Head Office in Hyderabad commencing in May, 2019.
The interns will be paid a stipend of Rs.10,000/-. No other
facilities will be provided to the interns by IRDAI.
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.
The project will be monitored by a Supervising Official of
the Department allocated who will act as Project Guide.
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.
The number of interns will be around 10.
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:
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 firstname.lastname@example.org.
(M. Pulla Rao)
Executive Director (Gen)