NABARD Consultancy Services Insurance Specialist Recruitment 2026

Overview

NABARD Consultancy Services (NABCONS), a prominent consultancy arm of NABARD, has issued an official notification, Advertisement No. NABCONS/CO-HR/19/PBCS/2026-27, for the recruitment of an Insurance Specialist. This is a singular vacancy available on a contractual basis, inviting applications from suitably qualified and experienced professionals in the insurance sector. The compensation package will be a consolidated professional fee, determined by the candidate's experience, academic credentials, and previous salary. Interested and eligible candidates are encouraged to submit their applications online within the specified timeframe.

Important Dates

Vacancy Details

This recruitment drive aims to fill 1 (One) vacancy for the position of Insurance Specialist. The selected candidate will be based in Hyderabad, Telangana, but the role necessitates travel across various states and regions within India as required by project demands. This position is part of the "Project Management Consultant for providing manpower to the Project Management unit for implementation of PM-MKSSY".

Eligibility Criteria

Educational Qualification & Experience

• Candidates must possess an MBA or PGDM degree.
• A minimum of five years of post-qualification experience in the insurance domain is mandatory, specifically in areas such as insurance product design and related activities.
• Applicants should demonstrate strong working knowledge of various insurance products and underwriting guidelines.
• Preference will be given to individuals who have previously worked with reputable international organizations like the World Bank, ADB, AFD, KFW, or GIZ.

Age Limit

The official notification does not specify an age limit for this position.

Remuneration

The successful candidate will receive a consolidated professional fee. This remuneration will be commensurate with their professional experience, educational background, and their last drawn salary. Please note that the appointed individual will be subject to applicable tax liabilities as per Section 393(1) [Sl. No. 6(iii)D(b)] of the Income Tax Act 2025 & Rules, with tax deducted at source.

Selection Process

The selection methodology for the Insurance Specialist position involves a structured multi-stage process:

1. Preliminary Screening and Shortlisting: Applications will first undergo a thorough preliminary screening. Candidates will be shortlisted based on their qualifications, overall suitability for the role, and relevant experience. NABCONS reserves the right to shortlist a limited number of candidates for the subsequent stages, irrespective of all applicants meeting the minimum eligibility criteria.
2. Interview: Shortlisted candidates will be invited for an interview, which may be conducted either in person or virtually, as deemed necessary by NABCONS.
3. Assessment: Alongside the interview, candidates may also be assessed for their proficiency in MS Office and data management skills.

The location for the interview will be communicated in the official call letter.

How to Apply

Prospective candidates must adhere to the following steps to submit their applications online:

1. Navigate to the official NABCONS website (https://nabcons.com/) to access the application portal.
2. Carefully review all instructions and the detailed advertisement to ensure full eligibility before proceeding.
3. Complete the online application form with all necessary personal, educational, and professional details in the prescribed format.
4. Submit the required declarations pertaining to educational qualifications and work experience within the online form.
5. Ensure the application is submitted successfully on or before the deadline of October 13, 2026 (Midnight).
6. It is advisable to retain a copy of the submitted application for future reference.

Documents Required for Interview:

• Self-attested copies of all educational qualification certificates and experience letters.
• Original documents for verification purposes during the interview.

Important Instructions:

• Only online applications submitted through the specified portal will be considered.
• Appointments are purely contractual; selected candidates will have no claim for regularization or permanent absorption into NABCONS services.
• Appointed individuals are prohibited from engaging in any other part-time or full-time employment or business during their contractual period with NABCONS.
• All appointments are contingent upon being declared medically fit, requiring candidates to undergo prescribed medical tests upon reporting for duty.
• NABCONS will not provide accommodation for selected candidates.
• The role may involve extensive travel across India.
• NABCONS reserves the right to modify the number of vacancies, cancel the recruitment process, or not fill any post at any stage without providing reasons.
• Candidates are responsible for any costs incurred while attending the interview; no reimbursement will be provided by NABCONS.