IRDAI Recruitment 2024 – Assistant Manager : The Insurance Regulatory and Development Authority of India have announced its recruitment notification for the post of Assistant Manager. A total of 49 vacancies are to be filled. Interested and eligible candidates are invited to apply. To know more about the recruitment keep reading the below post.
IRDAI Recruitment 2024 Recruitment Overview:
| Recruitment Organization | Insurance Regulatory and Development Authority of India (IRDAI) |
| Post Name | Assistant Manager |
| Total Vacancies | 49 |
| Notification Date | 21 August 2024 |
| Category | IRDAI Assistant Manager Notification 2024 |
| Official Website | irdai.gov.in |
| Application Start Date | 21st August 2024 |
| Last Date to apply | 20th September 2024 |
IRDAI Recruitment 2024
The recruitment organization is Insurance Regulatory and Development Authority of India (IRDAI). They are hiring to fill 49 vacancies for the post of Assistant Manager. The notification for this released on 21st August 2024. The application process starts from 21st August 2024 and ends on 20th September 2024. Interested candidates are advised to apply soon before the last date to avoid complications.
How to apply for IRDAI Assistant Manager Recruitment 2024?
(1) Visit the official website of IRDAI at irdai.gov.in.
(2) Click on the careers tab on the website.
(3) find the recruitment notification for Assistant Manager at IRDAI.
(4) Click on apply link and fill out the application form with correct details.
(5) Upload the required documents if required.
(6) Pay the application fees online with credit card or debit card or net banking etc.
(7) Review and submit the application. Take a print out of the submitted form for future reference.
Application Fees
The Application fees for Insurance Regulatory and Development Authority of India (IRDAI) Recruitment 2024 is given below:
- For General Category and every one else the fees is: Rs. 750/-
- For SC/ST/PWD candidates the fees is: Rs. 100/-
IRDAI Assistant Manager Recruitment 2024 Vacancies
| Post Name | Vacancy |
|---|---|
| AM (Generalist) | 24 |
| AM (Actuarial) | 5 |
| AM (Finance) | 5 |
| AM (Law) | 5 |
| AM (IT) | 5 |
| AM (Research) | 5 |
| Total | 49 |
IRDAI Recruitment 2024
Post-Wise Eligibility Criteria:
The post-wise eligibility criteria for Insurance Regulatory and Development Authority of India (IRDAI) Recruitment 2024 is given below:
1) AM (Generalist) : Graduation with 60% Marks
2) AM (Actuarial): Graduation with 60% Marks + 7 Paper Passed of IAI
3) AM (Finance): Graduation with 60% Marks + ACA/ AICWA/ ACMA/ ACS/ CFA
4) AM (Law): Degree in Law (LLB) with 60% Marks
5) AM (IT): B.Tech or PG in CS/ IT/ EE/ ECE with 60% Marks
6) AM (Research): PG in Economics/ Statistics with 60% Marks
Checkout the official Notification pdf for detailed information.
Selection Process
The selection process of the IRDAI Assistant Manager Recruitment 2024 includes various stages like the Prelims Written Exam, Mains Written Exam, Interview, Document Verification, and Medical Examination.
Prelims Written Exam: The exam is computer based test (CBT) The subjects includes English Language, Quantitative Aptitude, Reasoning Ability, General Awareness.
The Duration for the exam is 1hr 60 minutes.
total marks will 160
there will be Negative marking of 0.25 marks deduction for every wrong answer. The details can be seen in the below table:
| Name of Section | No. of Questions | Maximum Marks |
| Reasoning | 40 | 40 |
| English Language | 40 | 40 |
| General Awareness | 40 | 40 |
| Quantitate Aptitude | 40 | 40 |
| Total | 160 | 160 |
Mains Written Exam (Descriptive): The mains exam will be online too. The sections in this exam includes English languages (Essay, Precis, and Comprehension), Economic and Social Issues impacting Insurance, Insurance and Management. Total marks will be 300. Negative marking of 0.25 marks deduction for each wrong answer will be there.
Interview: The shortlisted candidates from above exams will have to appear for the interview. It can be online or in-person. The maximum marks for interview is 50. The purpose of the interview is to evaluate the communication skill, personality, and overall suitability of the candidate.
Document Verification: All the candidates selected in the interview will have to go through the document verification process. All the documents like educational qualifications and identity etc will be verified in this stage.
Medical Examination: The candidates will have to go through the medical examination in order to see if they are fit for the job role and responsibilities. Its a standard medical check-up conducted by a designated medical board.
The final merit list will be prepared based on the candidate’s performance in the Mains exam and the Interview. Prelims marks are usually for qualifying purposes and do not contribute to the final ranking.
IRDAI Recruitment 2024 Salary and Benefits:
(1) The initial basic pay for an Assistant Manager is approximately ₹44,500 per month in the pay scale of ₹44,500 – ₹89,150.
(2) The total gross salary, including allowances, is generally in the range of ₹1,10,000 – ₹1,20,000 per month.
(3) Dearness Allowance (DA): This is revised quarterly based on the Consumer Price Index (CPI) and forms a significant part of the salary.
(4) House Rent Allowance (HRA): This varies depending on the location of the posting (30% of basic pay in metros, 20% in other cities).
(5) City Compensatory Allowance (CCA): This is provided based on the city of posting
(6) Special Allowance: Additional allowances specific to the job and location.
(7) Provident Fund: Contributions are made to the Provident Fund as per the government rules.
(8) Gratuity, Medical Benefits, LTC, Insurance coverage and many more perks are available for this job role.
About IRDAI
The Insurance Regulatory and Development Authority of India (IRDAI) is a regulatory body for insurance and reinsurance industries in India. The IRDAI was establish in the year 1999. The role of IRDAI is to protect the interest of policyholders, regulate, promote, and ensure the orderly growth of the insurance industry. There key responsibilities includes Regulation of the Insurance Industry, Protection of Policyholders’ Interests, Licensing of Insurance Companies, Promoting Competition, Development of Insurance Market, Grievance Redressal.
IRDAI Recruitment 2024
IRDAI Official Website:
Notification PDF: Notification PDF
IRDAI Recruitment 2024 Last date :
20th September 2024
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This is an amazing opportunity for all those Indian Nationals interested in working for a prestigious organization. The salary packages are amazing and selection process as well as application process is quiet easy. Fill out the application form before last date to avoid the last minute hassle. Read the official notification carefully for more details before applying for the appropriate posts.
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