IRDAI Assistant Manager Recruitment Notification 2023 Out : Apply Online Here
IRDAI Assistant Manager Recruitment Notification 2023 Out : Apply Online Here

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
  • Phase I – On-line Preliminary Examination (Objective Type)
  • Phase II – Descriptive Examination comprising 3 Papers (Paper I, II and III).
  • Phase III – Interview
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.

IRDAI Assistant Manager Recruitment 2023 FAQs

<strong>Q. What is the full form of IRDA?</strong>

A. The IRDA full form is the Insurance Regulatory and Development Authority of India. IRDAI) is the apex regulatory body for the insurance sector in India. It was established in 1999 as per the IRDAI Act, 1999. IRDAI is responsible for regulating and promoting the growth of the insurance industry in India. It also protects the interests of policyholders and ensures their financial stability. Every year, IRDAI recruits eligible candidates for various positions in the organization.

<strong>Q. What is the IRDAI Assistant Manager Notification 2023 Release Date?</strong>

A. IRDAI Assistant Manager Notification 2023 has been released on 11th April 2023. The candidates can download the IRDAI official notification pdf and check the important details of the exam.

<strong>Q. What is the last date to apply online for IRDAI Assistant Manager?</strong>

A. The last date to apply online for IRDAI Assistant Manager is 10th May 2023.

<strong>Q. Where can I get the direct link to apply for IRDAI Assistant Manager Recruitment 2023?</strong>

A. The direct link to apply for the IRDAI Assistant Manager recruitment has been provided above post. Aspirants need to check the eligibility criteria before applying for IRDA recruitment.

<strong>Q. What is the minimum age and maximum age to apply online for IRDAI Assistant Manager?</strong>

A. The age limit for the candidates for IRDAI Assistant Manager Recruitment is 21 to 30 years as on 10 May 2023 for the unreserved category. However, age relaxation is given to reserved candidates.

<strong>Q. What is the selection process for IRDAI Assistant Manager?</strong>

A. The candidate has to undergo three stages for the IRDAI Assistant Manager Recruitment 2023. The three stages include: Prelims Exam, Descriptive Examination and Interview.

<strong>Q. How many papers are included in IRDAI Assistant Manager descriptive paper?</strong>

A. Three papers (Papers 1,2,3) are included in IRDAI Assistant Manager descriptive paper.

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