IRDAI Assistant Manager Recruitment 2023
IRDAI Recruitment Notification 2023 is out. The Insurance Regulatory and Development Authority of India (IRDAI) released the official notification for the post of Assistant Manager on 11 April 2023. This year IRDAI Assistant Manager Notification is out to recruit 45 vacancies in its various offices. IRDAI is the apex regulatory body for the insurance sector in India. It was established in 1999 as per the IRDAI Act, 1999. Every year, IRDAI recruits eligible candidates for various positions in the organization.
Interested & Eligible candidates can apply for the IRDAI Assistant Manager post till 10 May 2023. In this article, we will discuss all the important details of the IRDAI Assistant Manager 2023 recruitment notification including how to apply online, the selection process, eligibility criteria, exam pattern and syllabus, number of vacancies, and other important details.
Download IRDAI Assistant Manager 2023 Official Notification PDF
IRDAI Assistant Manager Notification 2023 – Important Dates
IRDAI has posted details regarding the IRDAI Assistant Manager Recruitment 2023. Check all the important details as per the IRDAI Assistant Manager 2023 notification in the table below.
IRDAI Assistant Manager Recruitment 2023 | |
Exam Conducting Authority | Insurance Regulatory and Development Authority of India (IRDAI) |
Post Name | Assistant Manager (AM) |
Application Mode | Online |
Number of Vacancies | 45 |
Selection process |
|
Notification Release Date | 11 April 2023 |
Online Application Start Date | 11 April 2023 |
Last Date to Apply Online | 10 May 2023 |
Exam Date | To be Notified |
Official Website | @www.irdai.gov.in |
IRDAI Assistant Manager 2023 Apply Online Link
As mentioned above the IRDA Assistant Manager 2023 online application starts from11th April 2023 and the last date to apply online is 10th May 2023. Here we have provided the direct link to apply online for IRDA AM Recruitment 2023.
- Go to the official website of IRDAI.
- Check IRDAI Assistant Manager Notification 2023.
- Click on “Apply Here” and fill in the required details.
- Upload the documents such as signature, photograph, etc.
- Pay the application fee as applicable according to your category.
- Submit the application form.
IRDAI Assistant Manager 2023 Apply Online
IRDAI Assistant Manager Vacancies 2023
The IRDAI has released the vacancies after a long time. As per the IRDAI Assistant Manager 2023 Notification, a total of 45 vacancies have been released. Check the table below to know the number of vacancies in detail.
Category | Vacancy |
UR | 20 |
EWS | 4 |
OBS | 12 |
SC | 6 |
ST | 3 |
Total | 45 |
IRDAI Assistant Manager Application Fee 2023
The IRDAI Assistant Manager Recruitment 2023 application fee is as follows.
Category | Application Fees |
SC/ ST/ PwBD | Rs. 100 (Intimation Charges) |
Other than SC/ ST/ PWD | Rs. 750 (Examination fee and Intimation charges) |
IRDAI Assistant Manager 2023 Eligibility Criteria
To be eligible to apply for the IRDAI Assistant Manager 2023, candidates must make sure to fulfill the following eligibility criteria. The IRDAI Assistant Manager eligibility criteria include the age limit and educational qualification of the candidate.
IRDAI Assistant Manager Age Limit
The minimum age of the candidate should be 21 years & maximum age of the candidate should not be more than 30 years as on 10 May 2023.
IRDAI Assistant Manager Educational Qualification
Check out the table below for the detailed IRDAI Assistant Manager Educational Qualification.
Specialization | Number of posts | Qualification Required |
Actuarial | 5 | Graduation with minimum 60% marks and 7 papers passed of IAI as per 2019 curriculum. |
Finance | 5 | Graduation with minimum 60 % marks and ACA/AICWA/ACMA/ACS/CFA |
Law | 5 | Bachelor’s Degree in Law with minimum 60% marks |
IT | 5 | Bachelor’s Degree in Engineering (Electrical / Electronics / Electronics and Communication / Information Technology / Computer Science/ Software Engineering) with minimum 60% marks OR Masters in Computers Application with minimum 60% marks OR Bachelor’s Degree in any discipline with a post graduate qualification (minimum 2 years duration) in Computers / Information Technology with minimum 60% marks |
Research | 5 | Master’s Degree or 2-years Post Graduate Diploma in Economics / Econometrics / Quantitative Economics / Mathematical Economics / Integrated Economics Course/ Statistics/ Mathematical Statistics/Applied Statistics & Informatics with a minimum of 60% marks |
Generalist | 20 | Graduation with minimum 60% marks |
IRDAI Assistant Manager 2023 Selection Process
The IRDAI Assistant Manager Recruitment 2023 is based on three stages. The selection in IRDAI will be based on the following stages:
- Phase I – On-line Preliminary Examination (Objective Type)
- Phase II – Descriptive Examination comprising 3 Papers (Paper I, II and III)
- Phase III – Interview
The final selection of the candidate is based on the marks obtained in the Descriptive Examination and Interview. The weightage of Phase II – Descriptive Examination and Interview will be 85:15. The combined final score of candidates shall be arrived at on the basis of scores obtained by the candidates in Phase II – Descriptive Examination and Interview under each stream.
IRDAI Assistant Manager Exam Pattern 2023
IRDAI Assistant Manager each phase has a different exam pattern. Check out both phases IRDAI Assistant Manager Exam Pattern below.
IRDAI Assistant Manager Exam Pattern for Phase 1
Check out the exam pattern below. For the complete paper, a composite time of 90 minutes will be allotted.
Sl. No. | Name of Test (Objective) | No of Questions | Maximum Marks |
1 | Test of Reasoning | 40 | 40 |
2 | Test of English Language | 40 | 40 |
3 | Test of General Awareness | 40 | 40 |
4 | Test of Quantitative Aptitude | 40 | 40 |
– | Total | 160 | 160 |
NOTE:
- 1/4th mark will be deducted for each wrong answer.
- A candidate has to qualify in each of the four Objective Test separately and also in aggregate as per the cut-off marks for each test and in aggregate to be decided by IRDAI.
- Tests will be conducted in English and Hindi (except Test of English Language which will be provided only in English)
IRDAI Assistant Manager Exam Pattern for Phase 2
Name of Paper | Type of Paper | Marks | Time (Minutes) |
Paper-I: English | Descriptive (Questions will appear on screen and answers have to be written on answer sheets) | 100 | 60 |
Paper-II: Economic and Social Issues impacting Insurance | Descriptive (Questions will appear on screen and answers have to be written on answer sheets) | 100 | 60 |
Paper-III: Insurance and Management | Descriptive (Questions will appear on screen and answers have to be written on answer sheets) | 100 | 60 |
NOTE:
- Candidates must appear for all three papers in Phase II – Descriptive Examination
- Tests will be conducted in English and Hindi (except Test of English Language which will be provided only in English)
IRDAI Assistant Manager 2023 Salary
Payscale: Selected candidates will draw a starting basic pay of Rs.44,500/ per month in the scale of Rs. 44500-2500(4)-54500-2850(7)-74450-EB-2850(4)-85850-3300(1) 89150 (17 years) and other allowances, like Dearness Allowance, House Rent Allowance, Qualification Allowance, City Compensatory Allowance, Grade Allowance and other perquisites as approved from time to time etc., as admissible from time to time.
The candidates employed elsewhere and joining IRDAI will be fixed at the minimum of basic pay in the scale of pay applicable to the post. At present, the initial monthly gross emoluments for Assistant Manager is approximately Rs.1,30,000/- (excluding qualification allowance, wherever applicable). Selected candidates will be governed by the defined contribution New Pension Scheme (NPS). IRDAI is a reputed organization that provides a great opportunity for candidates to build a career in the insurance sector. Overall, the IRDAI recruitment 2023 is an excellent opportunity for eligible candidates to work in a challenging and rewarding environment.