26 April, 2023
Vacancy in Insurance Authority of India. The Insurance Authority of India (IAI) is a regulatory body that oversees the insurance industry in India. It was established under the Insurance Regulatory and Development Authority Act of 1999, which gave it the authority to regulate and promote the insurance industry in the country.
Vacancy in Insurance Authority of India
The IAI is responsible for ensuring that insurance companies in India operate in a fair and transparent manner, and that they provide their customers with quality services and products. It also regulates the rates, terms, and conditions of insurance policies, and ensures that insurance companies are financially stable and able to meet their obligations to policyholders.
One of the main functions of the IAI is to issue licenses to insurance companies and intermediaries. It sets the standards for licensing and monitors compliance with these standards. The IAI also has the power to cancel or suspend licenses if an insurance company or intermediary is found to be in violation of the regulations.
- Assistant Manager – 45Post
- Assistant Manager – Rs. 44500 – 89150
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Visit to Website – www.irdai.gov.in