NABARD Consultancy Services (NABCONS), a wholly owned subsidiary of NABARD and a leading consultancy organization in agriculture and rural development, has invited applications for the post of Insurance Specialist on a contract basis. A single vacancy is on offer under the project management consultancy for implementation of the PM-MKSSY scheme, with posting at Hyderabad. The role involves assisting the project management unit in implementing aquaculture insurance, covering insurance needs assessment, coverage procurement, claims management and related reporting.
NABCONS Insurance Specialist Recruitment 2026
- Notification07 Oct
- Applications Open07 Oct
- Applications Closed13 Oct
About NABCONS Insurance Specialist Recruitment 2026
Job Overview
- Organization
- NABARD Consultancy Services
- Advertisement No.
- NABCONS/CO-HR/19/PBCS/2026-27
- Post Name
- Insurance Specialist
- Job Location
- Hyderabad, Telangana
- Who Can Apply
- Candidates from anywhere in India (NABCONS invites ONLY ONLINE applications from Indian Citizens)
- Job Type
- Contract
- Gender
- All
- Nationality
- Indian
- Experience
- 5 years of experience in the field of insurance, designing insurance products etc.
- Tenure
- Initially till 31 March 2027, extendable based on project requirement and performance, or co-terminus with the project period
Vacancy Breakdown
| Post Name | Total |
|---|---|
| Insurance Specialist | 1 |
Eligibility Details
MBA with 5 years of Experience in the field of insurance, designing insurance products etc. Strong working knowledge of insurance products and underwriting guidelines. Preference would be given to candidate worked with international organizations like World Bank, ADB, AFD, KFW, GIZ etc.
| Post | Qualification |
|---|---|
| Insurance Specialist | MBA with 5 years of Experience in the field of insurance, designing insurance products etc. Strong working knowledge of insurance products and underwriting guidelines. Preference would be given to candidate worked with international organizations like World Bank, ADB, AFD, KFW, GIZ etc. |
Selection Process
- 1Preliminary Screening and Shortlisting
Screening or shortlisting with reference to the candidate's qualification, suitability and experience; NABCONS may call only the requisite number of candidates depending on the number of responses.
- 2Interview
Only shortlisted candidates are called; may be held in person or through virtual mode, with an assessment of proficiency in MS Office/data management. Location is indicated in the call letter.
Salary Structure
Consolidated Professional Fees based on the experience, educational qualification and overall suitability of the candidate. Salary will be commensurate based upon experience and last drawn salary.
How to Apply
- 1Visit the official NABCONS website at www.nabcons.com or use the direct application link provided
- 2Read all the instructions carefully and confirm you fulfil the eligibility criteria
- 3Open the online application form through the designated link
- 4Fill in all the required details in the prescribed online format
- 5Submit the declaration with respect to educational qualification and experience in the online form
- 6Submit the application online on or before 13 October 2026 (Midnight)
- 7Keep a record of the submitted application details for future reference
Documents to Carry / Upload
Important Details
- The engagement is on a contract basis as Project Based Contract Staff and carries no legal claim to regular absorption during or after the contract, and no claims as to seniority.
- Selected candidates shall not take up any part-time or full-time employment or assignments elsewhere or do any business during the contract; the engagement terminates automatically if they join another organization without prior information.
- Appointment is subject to being found medically fit through the prescribed medical tests on reporting at the place of posting.
- NABCONS will not provide accommodation, and any cost incurred by candidates for attending the interview will not be reimbursed.
- Applications are accepted only through the online mode; hand-delivered or other modes will not be entertained.
Scope of Work
- Assist the PMU in implementation of Aquaculture Insurance
- Deal with all matters related to insurance within the project, including assessing insurance needs, procuring appropriate insurance coverage, managing insurance claims, and ensuring compliance with insurance requirements
- Provide data and reports on insurance policy, claims experience, and other key metrics to management
- Collaborate with all stakeholders across departments, functions and levels of the organization related to implementation of Aquaculture Insurance
Project
The post is under the project 'Project Management Consultant for providing manpower to the Project Management unit for implementation of PM-MKSSY'.
Tax on Professional Fees
Candidates will be liable for tax liabilities under section 393(1) [Sl. No. 6(iii)D(b)] of the Income Tax Act 2025 and Rules in force, and the tax will be deducted at source.
Travel and Posting
The listed place of posting is Hyderabad, but candidates can be posted anywhere in India depending upon the project requirement. Consultants may be required to travel across the mentioned state and other parts of the country from time to time.
Frequently Asked Questions
Can the selected candidate be posted anywhere in India?
Yes. Although the place of posting is listed as Hyderabad, candidates can be posted anywhere in India depending upon the project requirement.
Will NABCONS provide accommodation to selected candidates?
No. NABCONS will not provide accommodation for selected or appointed candidates.
Can the interview be held in virtual mode?
Yes. The interview may be held in person or through virtual mode as required, and the location is indicated in the call letter.
Can selected candidates take up other employment during the contract?
No. Selected candidates shall not take up any part-time or full-time employment or assignments elsewhere or do any business during their contract with NABCONS.
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