New Job Alert: Looking for a job with a salary of up to ₹1.50 lakh after retirement? The Insurance Institute of India has announced recruitment..
Insurance Institute of India Recruitment 2026: For working professionals, sitting idle at home after some time can become a bit boring. If you are also finding it difficult to pass the time at home after retiring from your job, then you can start working again. The Insurance Institute of India (III) is offering this opportunity. The Insurance Institute has released faculty vacancies specifically for retired employees. Offline application forms are also being accepted. If you are eligible, you can also apply for this recruitment.
The Insurance Institute of India needs a General Insurance Faculty for its Kolkata office and an Assistant Professor/Faculty for Mumbai. For this, the Institute had issued a vacancy notification with advertisement number (Advt./Faculty-G/2026/02) on its official website www.insuranceinstituteofindia.com on January 14, 2026.
Insurance Institute Of India Vacancy 2026: Important Details
Recruiting Body: Insurance Institute of India (III)
Post Name: Faculty and Assistant Professor
Official Website: www.insuranceinstituteofindia.com
Last Date to Apply: January 31, 2026
Number of Posts: Faculty General Insurance - 02, Assistant Professor - 01
Application Format: Offline
Salary: Up to ₹1,50,000
Tenure: For contractual faculty, the contract will be for a maximum of 3 years or until the age of 65, whichever comes first. The contract will be extended for one year at a time based on performance.
Where to send the form: Mr. Kedar P. Sant, Secretary (Personnel Department), Insurance Institute of India, G Block, C-46, Bandra Kurla Complex, Mumbai-400051
What are the eligibility criteria for the faculty?
Faculty (General Insurance): Retired individuals from the position of Deputy General Manager (GIC and PSU companies) or above, or equivalent positions in General Insurance companies in India, can apply. They must possess a postgraduate degree. The applicant must possess an Associate/Fellowship qualification from the Insurance Institute of India or an equivalent qualification. The applicant should have 15 years of experience at the Manager level in a General Insurance company. The age limit is 55 to 62 years as of December 31, 2025. This position is contractual.
The Assistant Professor positions are permanent. For this position, the candidate must have a Master's degree in the relevant subject with a minimum of 55% marks. They should also have a Ph.D. degree in Business Management or Social Sciences with a good academic record. They must have passed the UGC-conducted NET or SET examination. The candidate should have management-level experience in a General Insurance company or teaching experience. Candidates between the ages of 35 and 55 can apply for the Assistant Professor position. The service period will be until the age of 60 years. The monthly salary for this post will be as per UGC norms.
How to Apply?
After reviewing the eligibility criteria, candidates who wish to participate in this recruitment process must apply offline. First, download the application form from the Application Form-Annexure in the notification. Then, carefully fill in your details. Self-attest the necessary documents and send them by post to the specified address. The application must also be emailed to recruitment@iii.org.in before 6 PM on January 31st.
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