The Faculty General Insurance Insurance Institute of India recruitment drive offers an exceptional opportunity for experienced insurance professionals to transition into an academic and training role. Specifically, the College of Insurance in Mumbai invites applications from senior general insurance executives for a contractual teaching position. Selected candidates will receive a consolidated remuneration of ₹1,50,000 per month, with potential accommodation options subject to availability. Furthermore, eligible candidates with at least 15 years of managerial experience must apply via email or post. Consequently, interested professionals must ensure their applications reach the institute before 6:00 PM on 25 August 2026.
Programme Highlights
| Parameter | Details |
| Organising Body | Insurance Institute of India (III) |
| Mode | Email and Post |
| Duration | Contract Basis (3 years, renewable yearly) |
| Location | Mumbai, Maharashtra |
| Last Date to Apply | 25 August 2026 (6:00 PM) |
About the Programme
The Insurance Institute of India (III) was organized into a closely-knit body by visionaries like Mr. J.C. Setalvad, who played a monumental role in protecting and developing national insurance interests. Today, III stands as the premier insurance education and training institution in the country, fostering professional growth and setting industry standards across both public and private sectors.
Currently, the institute is hiring for the Faculty General Insurance Insurance Institute of India vacancy at its College of Insurance in the Bandra Kurla Complex (BKC), Mumbai. This role provides an avenue for seasoned general insurance executives—those who have operated at the highest managerial levels—to impart their practical knowledge and shape the careers of emerging insurance professionals.
Eligibility Criteria
Academic Qualification
- Graduate or Post-graduate degree in any discipline from a recognized university.
- Associate or Fellowship of the Insurance Institute of India, or a strictly equivalent professional qualification.
Experience & Other Conditions
- Overall Experience: A minimum of 15 years of experience working in a general insurance company at the managerial level, accompanied by a good academic record and a flair for teaching.
- Public Sector (GIC/PSU): Candidates must hold the post of Deputy General Manager (Scale VI) and above.
- Private Sector: Candidates must hold the post of Vice President and above in India.
- Age Limit: Applicants must be between 55 to 62 years (completed) as of 31 July 2026.
Benefits & Funding
Appointees receive a consolidated monthly remuneration along with potential accommodation facilities.
| Component | Amount or Detail |
| Monthly Salary | ₹1,50,000 per month |
| Accommodation | Institute-owned accommodation may be provided (subject to availability/eligibility with applicable deductions) |
Job Profile & Responsibilities
The faculty role requires extensive industry knowledge translated into academic excellence. Primary duties include:
- Designing and delivering comprehensive training modules for general insurance professionals at the College of Insurance.
- Conducting academic sessions, workshops, and seminars for students and working executives.
- Guiding research initiatives and providing academic mentorship within the institute.
- Operating full-time at the Mumbai campus located in the Bandra Kurla Complex.
Selection Process
- Initial screening of received applications to verify essential qualifications, managerial experience, and the mandatory age criteria (55 to 62 years).
- Verification of the No Objection Certificate (NOC) for candidates currently employed.
- Only shortlisted candidates will be formally invited for a personal interview.
- Final selection determined strictly on the basis of merit, teaching aptitude, and overall suitability for the academic post.
How to Apply
- Prepare your application in the prescribed format available in the official notification.
- Gather self-attested copies of your educational degrees, AIII/FIII certificates, and experience letters.
- If you are currently working, you must obtain a No Objection Certificate (NOC) from your current employer.
- Compose an email with the exact subject line:
Application for Faculty (General Insurance)-Contractual Term, Location: Mumbai. - Send the complete application package to recruitment@iii.org.in before 6:00 PM on 25 August 2026 to officially apply for the Faculty General Insurance Insurance Institute of India vacancy.
- Alternatively, candidates can send their physical application via post (superscribing the envelope with the same subject text) to the official address before the deadline.
Important Dates
| Event | Date |
| Notification Release Date | 5 August 2026 |
| Application Start Date | 5 August 2026 |
| Last Date to Apply | 25 August 2026 (Before 6:00 PM) |
Important Links
| Resource | Link |
| Apply Online (Email) | recruitment@iii.org.in |
| Official Notification PDF | Click Here |
| Official Website | Click Here |
Contact Details
- Official Address: Mr. Kedar P. Sant, Secretary (Personnel Department), Insurance Institute of India, G Block, C-46, Bandra Kurla Complex, Mumbai – 400051.
- Application Email: recruitment@iii.org.in
FAQs
What is the final deadline to submit the application for the Faculty General Insurance Insurance Institute of India post?
Applications must reach the institute via email or post no later than 6:00 PM on 25 August 2026.
What is the required age limit for this contractual faculty position?
Eligible candidates must be between 55 to 62 years of age (completed) as of 31 July 2026.
What is the minimum experience required for private insurance sector candidates?
Candidates from private insurance companies must hold the post of Vice President or above in India, alongside a minimum of 15 years of managerial experience in general insurance.
Is a No Objection Certificate (NOC) mandatory for this recruitment?
Yes, all working candidates are strictly required to obtain and submit an NOC from their current employer along with their application.
How will the selection process be conducted?
The institute will shortlist candidates based on their applications and credentials, followed by a direct interview. Selection is strictly merit-based.