IRDAI has announced 49 Assistant Manager vacancies to be filled through open competition. The online application process is open until 20th September 2024 via irdai.gov.in. Candidates must check the official website for eligibility, selection process, and syllabus updates.
Table of Contents
Breif Details About IRDAI Exam
| Name of Organization | Insurance Regulatory and Development Authority of India |
|---|---|
| Recruitment Name | IRDAI Recruitment 2023 |
| Post Name | Assistant Manager |
| No. of Vacancies | 49 |
| Application Mode | Online |
| Online Application Starts | 21st August 2024 (Active) |
| Last Date to Apply | 20th September 2024 |
| Category | Govt Jobs 2024 |
| IRDAI Website | irdai.gov.in |
Educational Qualification For IRDAI
Stream-wise Qualification Requirements for Assistant Manager:
- Actuarial:
- Graduation with a minimum of 60% marks.
- Must have passed 7 papers from IAI.
- Finance:
- Graduation with at least 60% marks.
- Must have ACA, AICWA, ACMA, ACS, or CFA certification.
- Law:
- Bachelor’s degree in Law.
- A minimum of 60% marks is required.
- IT:
- Bachelor’s degree in Engineering in relevant fields (e.g., Electrical, Electronics, IT, Computer Science) with a minimum of 60% marks.
- Alternatively, a Master’s degree in Computer Application with 60% marks or a postgraduate qualification in Computers/IT with at least 60% marks.
- Research:
- Master’s degree or a 2-year Postgraduate Diploma in relevant subjects like Economics, Statistics, or Applied Statistics with a minimum of 60% marks.
- Generalist:
- Graduation with at least 60% marks.
Vacancy Details About IRDAI
| Stream | Number of Posts |
|---|---|
| Actuarial | 05 |
| Finance | 05 |
| Law | 05 |
| IT | 05 |
| Research | 05 |
| Generalist | 24 |
| Total | 49 |
Selection Process
The selection process includes the following stages:
- Preliminary Examination (Objective, Multiple Choice Questions)
- Main Examination (Descriptive)
- Interview
- Document Verification
- Medical Examination
Examination Pattern For IRDAI Exam
Prelims Examination Pattern:
- Four sections with a total of 160 questions.
- Each section contains 40 questions.
- Each section carries a maximum of 40 marks.
- The total marks are 160, with a composite time of 90 minutes.
Sections:
- Test of Reasoning
- Test of English Language
- Test of General Awareness
- Test of Quantitative Aptitude
Mains Examination Pattern:
- There are three descriptive papers.
- Each paper carries 100 marks.
- The duration for each paper is 60 minutes.
Papers:
- English (descriptive answers)
- Economic and Social Issues Impacting Insurance (descriptive answers)
- Insurance and Management (descriptive answers)
Age Limit
- Minimum Age Limit – 21 years.
- Maximum Age Limit – 30 years
Age Relaxation as per Government Rules:
- For OBC Candidates – 03 years.
- For ST/SC/PWD Candidates- 05 years.
- For Ex-Serviceman – 05 years.
- For PWD+SC/ST Candidates- 15 years.
Application Fee
| Category | Application Fee |
|---|---|
| All Other Categories (Except SC, ST & PWD) | Rs. 750 |
| SC, ST, and PWD Candidates | Rs. 100 |
Documents Required
Salary
Will be informed to you after your selection
How to Apply???
- Visit the official IBPS website and click on the “New Registration” tab.
- Enter your basic details, including educational qualifications, category information, disability status, previous employment, etc.
- Review your form, agree to the terms and conditions, and submit. Registration details will be sent via email and SMS.
- Upload the required documents such as a photograph and signature in the specified format.
- Pay the application fee online using a Debit Card, Credit Card, or Net Banking.
- Click on “Submit” to complete the application process and print the final submission for future reference.
Important Links
FAQ (Frequently Asked Questions)
| Question | Answer |
|---|---|
| What is the qualification for IRDA exam? | A Bachelor’s Degree with a minimum aggregate of 60% marks is required. The minimum age is 21 years, and the upper age limit is 30 years for the Assistant Manager post. |
| What is the salary of an IRDA officer? | The salary range for an IRDAI Assistant Manager is from Rs 44,500 to Rs 89,150. |
| Will the IRDAI notification come in 2024? | Yes, the IRDAI Recruitment 2024 Notification was released on 21st August 2024 for 49 Assistant Manager posts. The online application process began on the same day. |
| Is the IRDA exam easy? | The exam is simple, held for 100 marks, and follows IRDAI guidelines. After passing, candidates can become a Point of Sale Person (PoSP) with required training. |
| What is the IRDA exam fee? | Candidates must pay Rs 500 as the IRDA exam fee, and Rs 500 per subject as examination fees. Payments can be made via Credit/Debit Card or Net Banking. |
