IRDAI Assistant Manager Recruitment 2024 Grade A Posts Apply Online soon

India

The Insurance Regulatory and Development Authority of India (IRDAI) is expected to release the notification for the post of Assistant Manager (Grade A) in 2024

  • 10 Jul, 2024
  • Degree, B. Tech, Post Graduation
  • Assistant Manager

Job Description

The Insurance Regulatory and Development Authority of India (IRDAI) is expected to release the notification for the post of Assistant Manager (Grade A) in 2024. The key eligibility criteria include being between 21 to 30 years old and possessing a bachelor's degree with a minimum of 60% marks. The selection process involves a preliminary exam, descriptive exam, and interview. In the previous year (2023), a total of 45 vacancies were released for IRDAI Assistant Manager Recruitment across different categories.

IRDAI Assistant Manager Recruitment 2024 Grade A Posts Important Dates:

Event Date
Online Application Start Date Not be Released
Online Application End Date Not be Released

IRDAI Assistant Manager Recruitment 2024 Qualification for Grade A Posts:

  • Actuarial: Graduation with minimum 60% marks and 7 papers passed IAI as per the 2019 curriculum
  • Generalist: Graduation with minimum 60% marks
  • Research:
    • Master's Degree in Economics / Econometrics / Quantitative Economics /Mathematical Economics
    • 2-year Post Graduate Diploma in Economics / Econometrics / Quantitative Economics /Mathematical Economics
  • IT: Bachelor's Degree in Engineering (Electrical / Electronics / Electronics and Communication / Information Technology / Computer Science) with minimum 60% marks
  • Finance: Graduation with minimum 60% marks in Commerce or Finance related subjects

Vacancy Details IRDAI Assistant Manager Recruitment 2024 Grade A Posts:

Category Number of Posts
Unreserved (UR) 20
Economically Weaker Sections (EWS) 4
Other Backward Classes (OBC) 12
Scheduled Castes (SC) 6
Scheduled Tribes (ST) 3
Total 45
In the previous year (2023), a total of 45 vacancies were released for the IRDAI Assistant Manager Recruitment.

IRDAI Assistant Manager Recruitment 2024 Age Limit & Relaxation for Grade A Posts:

The Age Limit 21 to 30 years. Scheduled Caste (SC) / Scheduled Tribe (ST) candidates get 5 years of age relaxation. Other Backward Classes (OBC) candidates are eligible for 3 years of age relaxation. Persons with Disabilities (PwD) can avail of 15 years. Ex-servicemen and Commissioned Officers are given 5 years of age relaxation.

IRDAI Assistant Manager Recruitment 2024 Salary details for Grade A Posts:

Time Period Basic Pay (in Rs.) Increment (in Rs.)
Initial 44,500 2,500 every year
After 4 Years 54,500 2,850 every year
After 7 Years 74,450 2,850 every year
After 11 Years 85,850 3,300 every year
After 12 to 17 years 89,150 (Maximum Pay) -

Syllabus for IRDAI Assistant Manager Recruitment 2024 Grade A Posts:

The syllabus for the IRDAI Assistant Manager Recruitment 2024 covers a wide range of topics across the preliminary and mains exams. The preliminary exam tests candidates' aptitude and reasoning abilities through sections on Reasoning, English Language, General Awareness, and Quantitative Aptitude. The mains exam delves deeper into subject-specific knowledge, with Paper I focusing on English, Paper II covering Economic and Social Issues impacting Insurance, and Paper III assessing candidates' understanding of Insurance and Management concepts. Aspirants must thoroughly prepare the entire syllabus and practice previous year question papers to excel in this competitive recruitment process. The syllabus is designed to evaluate candidates' analytical skills, written communication abilities, and subject expertise relevant to the insurance sector.

Exam Process for IRDAI Assistant Manager Recruitment 2024 Grade A Posts:

IRDAI Assistant Manager Prelims Exam Pattern
Exam Mode Online
Total Questions 160
Total Marks 160
Duration 90 minutes
Negative Marking 1/4 mark deducted for each wrong answer
Subject No. of Questions | Marks
Reasoning 40 | 40
English Language 40 | 40
General Awareness 40 | 40
Quantitative Aptitude 40 | 40
IRDAI Assistant Manager Mains Exam Pattern
Exam Mode Online
Total Papers 3 (Paper I, II & III)
Total Marks 300
Duration 180 minutes
Paper Subject | Marks | Duration
Paper I English | 100 | 60 minutes
Paper II Economic and Social Issues impacting Insurance | 100 | 60 minutes
Paper III Insurance and Management | 100 | 60 minutes

Application Process for IRDAI Assistant Manager Recruitment 2024 Grade A Posts:

  • Preliminary Examination (Prelims)
  • Main Examination (Mains)
  • Interview
  • Document Verification
  • Medical Examination

Application Fee for IRDAI Assistant Manager Recruitment 2024 Grade A Posts:

Category Application Fee
General (Gen) ₹750/-
Economically Weaker Sections (EWS) ₹750/-
Other Backward Classes (OBC) ₹750/-
Scheduled Castes (SC) ₹100/-
Scheduled Tribes (ST) ₹100/-
Persons with Disabilities (PwD) ₹100/-

Application Process for IRDAI Assistant Manager Recruitment 2024 Grade A Posts:

  • Registration
    • Visit the official IRDAI website
    • Click on the "Careers" tab
    • Select "Recruitment for the post of Assistant Manager (2024)"
    • Click on the "Apply Online" link
    • Fill in the required details to register
  • Filling out the Application Form
    • Login using the registered credentials
    • Fill in personal details like name, date of birth, category, etc.
    • Enter educational qualifications and work experience
    • Select the desired specialization (Actuarial, Generalist, Research, IT)
    • Provide contact information and address details
  • Payment of Application Fees
    • The application fee varies based on category:
      • ₹100 for SC/ST/PwD
      • ₹750 for Gen/OBC/EWS
    • Payment can be made online using debit/credit card or net banking
  • Document Scan and Upload
    • Scanned copies of signature, photo, and relevant documents
    • Documents should be in JPG/JPEG format, max size 200 KB
  • Final Submission
    • Review the filled application form for accuracy
    • Click on "Submit" to complete the application process
    • Take a printout of the submitted application for future reference

IRDAI Assistant Manager Recruitment 2024 Grade A Posts Important Links:

Official Website Click Here
Application Link Link not Active
PDF Link Link not Active
Join Telegram Channel Click Here

The notification is expected to be released soon, likely in July or august 2024.

The exact number of vacancies will be disclosed in the 2024 notification, but last year 45 vacancies were released.

The minimum age limit is 21 years and the maximum age limit is 30 years as of the last date of application.

The pay scale for Assistant Managers is Rs. 44,500 - 89,150 per month, with a gross emolument of around Rs. 1,30,000 per month.