Exciting Faculty Opportunities at the Insurance Institute of India for Retired Professionals
Insurance Institute of India Recruitment 2026
Insurance Institute of India Recruitment 2026: For many retired professionals, staying at home can become monotonous over time. If you find yourself in this situation, the Insurance Institute of India (III) has a solution. They are currently offering faculty positions specifically aimed at retired individuals. Applications can be submitted offline, and eligible candidates are encouraged to apply.
The III is looking to fill the role of General Insurance Faculty at its Kolkata office and an Assistant Professor/Faculty position in Mumbai. The vacancy announcement was made on January 14, 2026, under advertisement number (Advt./Faculty-G/2026/02) on their official website.
Key Details of the Insurance Institute Of India Vacancy 2026:
Recruiting Body: Insurance Institute of India (III)
Position: Faculty and Assistant Professor
Official Website: www.insuranceinstituteofindia.com
Application Deadline: January 31, 2026
Total Positions: Faculty General Insurance - 02, Assistant Professor - 01
Application Method: Offline
Salary: Up to ₹1,50,000
Contract Duration: For the faculty roles, the contract will last for a maximum of three years or until the age of 65, whichever occurs first. Extensions may be granted annually based on performance.
Submission Details:
Applications should be sent to Mr. Kedar P. Sant, Secretary (Personnel Department), Insurance Institute of India, G Block, C-46, Bandra Kurla Complex, Mumbai-400051.
Eligibility Criteria for Faculty Positions:
General Insurance Faculty: Applicants must be retired from the position of Deputy General Manager (GIC and PSU companies) or equivalent roles in General Insurance firms in India. A postgraduate degree is required, along with an Associate/Fellowship qualification from the Insurance Institute of India or an equivalent. Candidates should have at least 15 years of managerial experience in a General Insurance company. The age limit is set between 55 and 62 years as of December 31, 2025. This role is contractual.
Assistant Professor positions are permanent. Candidates must hold a Master's degree in a relevant field with a minimum of 55% marks and a Ph.D. in Business Management or Social Sciences. They should have passed the UGC NET or SET examination and possess management-level experience in a General Insurance company or teaching experience. The age requirement for this position is between 35 and 55 years, with a service period until the age of 60. Salary will be in accordance with UGC guidelines.
Application Process:
Interested candidates should apply offline after confirming their eligibility. Begin by downloading the application form from the notification's Application Form-Annexure. Fill in the required details, self-attest the necessary documents, and send them via post to the specified address. Additionally, the application must be emailed to recruitment@iii.org.in by 6 PM on January 31st.