Faculty General Insurance Recruitment 2026 at Insurance Institute of India, Mumbai

The Insurance Institute of India (III), Mumbai, has released a notification inviting applications for the post of Faculty General Insurance on a contract basis at its College of Insurance in Mumbai, Maharashtra. This is an excellent opportunity for experienced insurance professionals from the general insurance sector who wish to move into academics and training. Eligible candidates must be between 55 and 62 years of age with a strong managerial background in general insurance. Interested applicants can send their applications before the last date, 25th August 2026, by email or post as per the details given below.

Official Notification Reference file: Advt./Faculty-G/2026/04

Date Posted: 5th August 2026

Hiring Organization Name: Insurance Institute of India (III)

Organization Profile: “In his own sphere of Insurance, Mr. Setalvad has achieved monumental success. He has organized the Indian Insurance into a closely knit body and developed it into a real watch dog of their common interests, often in jeopardy by the incursions of foreign vested interests in the line. It has been an uphill battle but we can have the satisfaction of feeling that the cause of national insurance has not gone by default”. J.C. Setalvad held various assignments with distinction and dignity in insurance industry and other fields – President of the Indian Merchants’ Chamber, Chairman of the General Insurance Council of the Insurance Association of India and President of the Federation of Indian Chambers of Commerce and Industry, to mention a few

Employment Type: Contract Basis

Job Title/Designation: Faculty (General Insurance)

Vacancy available in departments:

• College of Insurance – Faculty (General Insurance), Mumbai – 01 Post

Essential Qualifications:

• Graduate or Post-graduate in any discipline from a recognised university
• Associate or Fellowship of the Insurance Institute of India or an equivalent qualification
• For candidates from Public Insurance Companies (GIC and PSU companies): must hold the post of Deputy General Manager (Scale VI) and above
• For candidates from Private Insurance Companies: must hold the post of Vice President and above in India

Experience: Minimum 15 years’ experience of working in a general insurance company at the managerial level, with a good academic record and a flair for teaching.

Age Limit: 55 to 62 years (completed) as on 31st July, 2026.

Salary Details: Rs. 1,50,000/- per month. The tenure is for three years, renewable each year subject to satisfactory performance, or till the candidate attains 65 years of age, whichever is earlier. Institute-owned accommodation may also be provided, subject to availability and eligibility, with applicable deductions from the remuneration.

Job Location: Mumbai, Maharashtra

Apply Mode: Email and Post

Important Dates:

• Date of Advertisement: 5th August, 2026
• Last Date to Apply: 25th August, 2026, before 6:00 p.m.

How to Apply: Interested and eligible candidates must send their application in the prescribed format along with self-attested copies of relevant documents, wherever necessary. Working candidates must obtain a No Objection Certificate (NOC) from their current employer before applying. The subject line of the email and the top of the envelope must clearly mention “Application for Faculty (General Insurance)-Contractual Term, Location: Mumbai.” Applications must reach the Institute before 6:00 p.m. on 25th August, 2026, either by email or by post.

Email address to apply: [email protected]

Organization address:
Mr. Kedar P. Sant Secretary (Personnel Department)
Insurance Institute of India G Block, C-46, Bandra Kurla Complex
Mumbai – 400051

Official Notification for Reference: Insurance Institute of India- Job Opening Notification

General Instructions for the candidates to apply for the Insurance Institute of India jobs:

• Applications must be submitted only in the prescribed format available with the notification.
• Self-attested copies of relevant documents must be attached wherever necessary.
• Applications sent to any email ID other than [email protected] will not be considered.
• Working employees must submit an NOC from their current employer along with the application.
• Only shortlisted candidates will be called for an interview; no further correspondence will be entertained.
• Selection will be strictly on the basis of merit and suitability for the post, and canvassing in any form will lead to disqualification.
• The Institute reserves the right to reject any or all applications or cancel the selection process at any stage without assigning any reason.
• Submission of an application or participation in the interview process does not guarantee an offer of employment.

This is a great opportunity for senior insurance professionals, at Mumbai, to contribute to academic training in the general insurance sector. Eligible candidates should carefully review the qualifications and prepare their applications well before the last date. Apply early to avoid last-minute issues.

Frequently Asked Questions:

1. What is the last date to apply for the Faculty General Insurance post at Insurance Institute of India? The last date to apply for the Faculty General Insurance post is 25th August, 2026, before 6:00 p.m.
2. What is the age limit for the Faculty General Insurance recruitment at Insurance Institute of India, Mumbai? Candidates applying for the Faculty General Insurance post must be between 55 and 62 years of age as on 31st July, 2026.
3. What qualification is required for the Faculty General Insurance post? Candidates need a Graduate or Post-graduate degree in any discipline along with an Associate or Fellowship of the Insurance Institute of India or an equivalent qualification.
4. What is the salary for the Faculty General Insurance position at Insurance Institute of India? The selected candidate for the Faculty General Insurance post will receive a remuneration of Rs. 1,50,000/- per month.
5. How can I apply for the Faculty General Insurance job at Insurance Institute of India, Mumbai? Candidates can apply for the Faculty General Insurance post by sending the application by email to [email protected] or by post to the Institute’s Mumbai address.
6. What experience is required for the Faculty General Insurance recruitment? Candidates must have a minimum of 15 years of experience working in a general insurance company at the managerial level.
7. Where will the selected Faculty General Insurance candidate be posted? The selected candidate for the Faculty General Insurance post will be posted at the College of Insurance, Mumbai.