The Insurance Regulatory and Development Authority of India has announced the recruitment for Assistant Manager. Eligible candidates can apply from August 21 to September 20, 2024.
IRDAI Assistant Manager Recruitment 2024
Candidates eligible for the Assistant Manager position at the Insurance Regulatory and Development Authority of India can apply at http://irdai.gov.in/ until September 20, 2024. A direct link to the application form is provided in the table below.
| Country | India |
| Organization | Insurance Regulatory and Development Authority of India (IRDAI) |
| Post Name | Assistant Manager |
| Vacancies | 49 |
| Apply Date | August 21 to September 20, 2024 |
| Eligibility Criteria | Varies by post: Graduation with 60% or specific qualifications as detailed in the full criteria |
| Application Fee | ₹750 for General/EWS/OBC-NCL, ₹100 for SC/ST/PwBD |
| Selection Process | Prelims, Mains, and Interview |
| Official Website | http://irdai.gov.in/ |
Also, Read – RRB ASM Recruitment 2024 – Check Eligibility, Selection Process, and Apply Now!
IRDAI Assistant Manager Vacancy 2024
The Insurance Regulatory and Development Authority of India has announced 49 vacancies for the Assistant Manager position. For details on reservations for Unreserved, Other Backward Class, Scheduled Caste, Scheduled Tribes, and Economically Weaker Sections, download the notification brochure.
| Post Name | No. of Vacancy Posts |
| AM (Generalist) | 24 |
| AM (Actuarial) | 5 |
| AM (Finance) | 5 |
| AM (Law) | 5 |
| AM (IT) | 5 |
| AM (Research) | 5 |
IRDAI Assistant Manager Recruitment 2024 Salary
| Detail | Information |
|---|---|
| Pay Scale | ₹44,500 – ₹54,500 (Initial) with increments up to ₹89,150 over 17 years |
| Monthly Salary | ₹44,500 per month |
| Additional Benefits | Allowances as prescribed by the government |
IRDAI Assistant Manager Eligibility Criteria 2024
Here are the eligibility criteria for the Assistant Manager recruitment at the Insurance Regulatory and Development Authority of India:
Educational Qualifications:
- AM (Generalist): Graduation with 60% marks from a UGC-recognized university or institution.
- AM (Actuarial): Graduation with 60% marks and 7 papers passed from the Institute of Actuaries of India (IAI).
- AM (Finance): Graduation with 60% marks and one of the following qualifications: ACA (Associate Chartered Accountant), AICWA (Associate of the Institute of Cost and Works Accountants), ACMA (Associate Cost and Management Accountant), ACS (Associate Company Secretary), or CFA (Chartered Financial Analyst).
- AM (Law): Degree in Law (LLB) with 60% marks.
- AM (IT): B.Tech or postgraduate degree in Computer Science, Information Technology, Electrical Engineering, or Electronics and Communication Engineering with 60% marks.
- AM (Research): Postgraduate degree in Economics or Statistics with 60% marks.
Age Limit:
- There is an upper age relaxation of 3 years for OBC-NCL candidates and 5 years for SC and ST candidates.
- Applicants must have an age ranging from 21 to 30 years old as of September 20, 2024.
IRDAI Assistant Manager Application Fee 2024
| Category | Application Fee | Payment Methods |
|---|---|---|
| General/OBC | ₹750 | Debit Card, Credit Card, NET Banking, or other provided payment gateways |
| SC/ST/PwBD | ₹100 | Debit Card, Credit Card, NET Banking, or other provided payment gateways |
IRDAI Assistant Manager Selection Process 2024
| Stage | Mode | Duration | Total Questions | Maximum Marks | Question Type | Marking Scheme | Negative Marking | Sections and Marks | Medium |
|---|---|---|---|---|---|---|---|---|---|
| Prelims | Online | 90 minutes | 160 | 160 | Multiple Choice Questions (MCQs) | 1 mark per question | 1/4th mark for each wrong answer | English Language: 40 questions, 40 marks Reasoning Ability: 40 questions, 40 marks Quantitative Aptitude: 40 questions, 40 marks General Awareness: 40 questions, 40 marks | Bilingual (English and Hindi) except for English Language section, which is in English only |
| Mains | Descriptive | 1 hour each | – | 100 per paper | – | – | – | Paper I: Essay Writing, Precis Writing, Comprehension, Business/Office Correspondence Paper II: Economic and Social Issues Impacting Insurance Paper III: Insurance and Management | English |
| Interview | Personal Interview | Varies (Typically 15-20 minutes) | – | – | – | – | – | – | English (or Hindi if requested) |
How to Apply For IRDAI Assistant Manager Recruitment 2024?
Candidates seeking to apply for the Assistant Manager post at the Insurance Regulatory and Development Authority of India must fulfill the following requirements:
- Complete the application form with precise information.
- Attach the required documents.
- Pay the application fee by the deadline.
Ensure all information is correct, or the application will not be accepted.
Conclusion
In conclusion, the IRDAI Assistant Manager Recruitment 2024 presents a valuable opportunity with only 49 vacancies available. This limited number of positions underscores the competitive nature of the selection process. Aspiring candidates should act swiftly to submit their applications and prepare thoroughly for the Prelims, Mains, and Interview stages.
With a clear understanding of the eligibility criteria, application fee structure, and exam pattern, candidates can strategically position themselves for success. Don’t miss out on this chance to advance your career with the Insurance Regulatory and Development Authority of India. Apply now and take the first step towards securing a coveted role in this prestigious organization!
FAQs
1. What is the application fee for the IRDAI Assistant Manager Recruitment 2024?
For General and OBC candidates, the application fee is ₹750. SC, ST, and PwBD applicants are required to make a payment of merely ₹100. The fee can be paid using debit card, credit card, NET banking, or other provided payment gateways.
2. What are the stages of the selection process for the IRDAI Assistant Manager Recruitment?
The selection process consists of three stages: Preliminary Examination (online), Mains Examination (descriptive), and a Personal Interview. Each stage evaluates different aspects of a candidate’s qualifications and skills.
3. How many vacancies are available for the Assistant Manager position?
There are 49 vacancies available for the Assistant Manager position in the IRDAI. Given the limited number of positions, candidates are encouraged to apply early and prepare thoroughly for the selection process.