ROYAL INSURANCE CORPORATION OF BHUTAN LIMITED

Vacancy Announcement 

Your Partner for Growth and Security

The Royal Insurance Corporation of Bhutan Limited is pleased to announce the following vacancies: 

Sl. NoDesignation SlotsSalaryMinimum Qualification and Experience requiredEmployment Type
1Branch Manager, Phuntsholing Main Branch (Grade 4)1*1. Basic pay: Nu. 41,608/- 2. Contract Allowance: 60% 3. Fixed Allowance: Nu. 14,563/- 4. 10% PBVP. 5. Communication Allowance: Nu. 2000/- 6. Conveyance allowance: 70 litres of diesel per month.Minimum of bachelor’s degree from university recognized by the RGOB with 5 years of work experience in Credit/ Insurance, and a total of 10 years of service including in-service long-term training.3 years Contract (Possibility of retention based on performance)
2Civil Engineer (Grade 6)1**Basic pay of Nu.32,273/- + 50% Corporate Allowance + Fixed Allowance of Nu. 12,909/- with 5% yearly increment and other benefits as per rules and regulations of the company Minimum of bachelor’s degree in civil engineering from university recognized by the RGOB with 3 years of experience in relevant field.  Regular
OR
3Civil Engineer(Grade 7)1Basic pay of Nu.28,633/- + 50% Corporate Allowance+ Fixed Allowance of Nu. 12,885/- with 5% yearly increment and other benefits as per rules and regulations of the company Minimum of Bachelor’s Degree in Civil Engineering from university recognized by the RGOB Class X: 60% (Eng. plus four best subjects)  Regular
Class XII: 60% (Eng. plus three best subjects)   
Degree: 60%

 *The basic salary is negotiable if the current basic is higher than Nu. 41,608/-

**The basic salary is negotiable for selected candidate if the experience is more than three years.

 *** For the vacancy of Civil Engineer, the applicants at grade 7 will be considered only if there are no applicants   for grade 6.

NB:  

  1. Applications with incomplete documents will not be accepted.  
  2. Certificate/degree obtained through distance learning shall not be accepted. 
  3. The shortlisted candidates will be notified for the written exam and further shortlisted for the personal interview fully based on written exam.
  4. Shortlisted applicants must produce original documents during the interview. 
  5. For further information please contact the Human Resource Division, RICB, Thimphu at +975-17291206/ 77279331/ 17937067 during office hours.     

All eligible candidates may apply to the Human Resource Division, Corporate Office, RICB, Thimphu on or before 5th of October 2024 (before 5.00 pm) along with copies of the following documents:

  1. RICB Job Application Form (available on our website).  
  2. One recent passport-size photograph.  
  3. Detailed resume.  
  4. Academic Mark sheets (Degree, Diploma, Class XII, Class X) and copy of course completion certificate. 
  5. School Leaving Certificate and Character Certificate. 
  6. Copy of valid Citizenship Identity Card. 
  7. Medical Fitness Certificate issued by a competent Medical Doctor (issued within 6 months).  
  8. Valid Security Clearance Certificate (online screenshot).  
  9. Experience Certificates. (Applicable for candidates applying for the post of Branch Manager and Civil Engineering, Grade 6). 
  10. No Objection Certificate from working agency if employed (for shortlisted candidates). 
  11. RAA audit clearance if currently employed or previously employed. 

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