IRDAI Assistant Manager Recruitment 2024: Notification, Application Process, Eligibility, Exam Pattern, and More
The Insurance Regulatory and Development Authority of India (IRDAI) has officially announced the IRDAI Assistant Manager Recruitment 2024 for filling 49 vacancies. This recruitment drive is an excellent opportunity for eligible candidates aspiring to join a prestigious government organization in the insurance sector. Below is a comprehensive guide covering all essential aspects of the IRDAI Assistant Manager Recruitment 2024, including notification details, application process, eligibility criteria, exam pattern, and much more.
IRDAI Assistant Manager Notification 2024: Overview
The IRDAI Assistant Manager Notification 2024 was released on 21st August 2024, marking the commencement of the recruitment process. The notification, issued under advertisement number HR/Recruitment/August/2024, outlines the key details of the recruitment drive, including the number of vacancies, application dates, selection process, and salary structure.
Highlights of the IRDAI Assistant Manager Recruitment 2024
- Organization: Insurance Regulatory and Development Authority of India (IRDAI)
- Post: Assistant Manager
- Vacancies: 49
- Advt No.: HR/Recruitment/August/2024
- Category: Government Jobs
- Application Mode: Online
- Registration Dates: 21st August to 20th September 2024
- Selection Process: Preliminary Examination, Descriptive Examination, Interview
- Salary: Rs. 44,500/- to Rs. 89,150/-
- Official Website: www.irdai.gov.in
Important Dates for IRDAI Assistant Manager Recruitment 2024
Candidates interested in applying for the IRDAI Assistant Manager Recruitment 2024 should take note of the important dates provided by IRDAI:
| Event | Date |
|---|---|
| IRDAI Assistant Manager Notification 2024 | 21st August 2024 |
| Start of Online Application Process | 21st August 2024 |
| Last Date to Apply Online | 20th September 2024 |
Vacancy Details for IRDAI Assistant Manager 2024
The IRDAI has announced a total of 49 vacancies for the Assistant Manager post. The distribution of these vacancies across different categories and streams will be detailed in the comprehensive notification.
Post-wise Vacancy Distribution
| Post Name | Vacancy |
|---|---|
| Assistant Manager | 49 |
How to Apply Online for IRDAI Assistant Manager Recruitment 2024
The online application process for the IRDAI Assistant Manager Recruitment 2024 is set to begin on 21st August 2024. Below is a step-by-step guide on how to apply online:
- Visit the Official Website: Go to the IRDAI's official website www.irdai.gov.in.
- Navigate to the Careers Section: Click on the "Careers" tab and then select "Notifications/Vacancies."
- Start Registration: Click on the "Apply" link, and fill in your personal details, including your email ID and mobile number.
- Receive Provisional Credentials: Upon successful registration, you will receive a provisional registration number and password. Save these for future use.
- Fill in the Application Form: Log in using the registration number and password, and complete the application form by entering your academic information and other required details.
- Upload Documents: Upload scanned copies of your photograph and signature as per the specified guidelines.
- Pay Application Fee: Pay the application fee using online payment methods such as Debit/Credit Cards, Internet Banking, or Mobile Wallets.
- Submit and Save the Application: Once the form is completed and the fee is paid, submit the application and save a copy for future reference.
Application Fee
Candidates are required to pay the application fee according to their category:
| Category | Application Fee |
|---|---|
| SC / ST / PwBD | Rs. 100/- |
| Other than SC/ST/PwBD | Rs. 750/- |
IRDAI Assistant Manager Recruitment 2024: Eligibility Criteria
Candidates must meet the following eligibility criteria to apply for the IRDAI Assistant Manager Recruitment 2024. The eligibility is based on educational qualifications and age limits.
Educational Qualification
The educational qualifications vary depending on the stream applied for:
| Stream | Educational Qualification |
|---|---|
| Actuarial | Graduation with a minimum of 60% marks and 7 papers passed from IAI as per the 2019 curriculum. |
| Generalist | Graduation with a minimum of 60% marks. |
| Research | Master’s Degree or 2-year 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. |
| IT | Bachelor’s Degree in Engineering (Electrical / Electronics/ Electronics and Communication / Information Technology / Computer Science/ Software Engineering) with a minimum of 60% marks, OR Master in Computers Application with a minimum of 60% marks, OR Graduation in any discipline with a postgraduate qualification (minimum 2 years duration) in Computers / Information Technology with minimum 60% marks. |
| Law | Bachelor’s Degree in Law with a minimum of 60% marks. |
| Finance | Graduation with a minimum of 60% marks & ACA /AICWA/ACMA/ACS/CFA. |
Age Limit
The age criteria for applying to the IRDAI Assistant Manager post are as follows:
- Minimum Age: 21 years
- Maximum Age: 30 years
Age Relaxation
Age relaxation will be provided to candidates belonging to reserved categories:
| Category | Upper Age Limit Relaxation |
|---|---|
| Scheduled Caste / Scheduled Tribe (SC/ST) | 5 years |
| Other Backward Classes (OBC) | 3 years |
| Persons with Disabilities (PwBD) | PwBD (SC/ST) – 15 years |
| PwBD (OBC) – 13 years | |
| PwBD (GEN/UR) – 10 years | |
| Ex-servicemen and Commissioned Officers | 5 years |
IRDAI Assistant Manager Recruitment 2024: Selection Process
The selection process for the IRDAI Assistant Manager post comprises three stages:
- Online Preliminary Examination: This objective-type exam is qualifying in nature and will be used to shortlist candidates for the Descriptive Examination.
- Descriptive Examination: This phase will consist of descriptive papers to assess the candidates' writing and analytical abilities.
- Interview: The final selection will be based on the combined score of the Descriptive Examination and the Interview.
IRDAI Assistant Manager Exam Pattern 2024
Understanding the exam pattern is crucial for effective preparation. The IRDAI Assistant Manager Exam is divided into two main phases before the final interview.
Phase 1: IRDAI Assistant Manager Prelims Exam Pattern 2024
The preliminary exam will consist of objective-type multiple-choice questions across various sections:
| Name of Test (Objective) | No of Questions | Maximum Marks | Time Duration |
|---|---|---|---|
| Test of Reasoning | 40 | 40 | 90 minutes |
| Test of English Language | 40 | 40 | |
| Test of General Awareness | 40 | 40 | |
| Test of Quantitative Aptitude | 40 | 40 | |
| Total | 160 | 160 |
- Negative Marking: 1/4th mark will be deducted for each wrong answer.
Phase 2: IRDAI Assistant Manager Mains Exam Pattern 2024
The Descriptive Examination in Phase 2 comprises three papers:
| Paper | Subject | Total Marks | Time Duration |
|---|---|---|---|
| Paper 1 | English | 100 marks | 60 minutes |
| Paper 2 | Economic and Social Issues Impacting Insurance | 100 marks | 60 minutes |
| Paper 3 | Insurance and Management | 100 marks | 60 minutes |
IRDAI Assistant Manager Salary 2024
The salary structure for the IRDAI Assistant Manager is attractive, with a basic pay of Rs. 44,500/- per month. The detailed pay scale is as follows:
- Basic Pay: Rs. 44,500/-
- Pay Scale: Rs. 44,500-2500(4)-54,500-2850(7)-74,450-EB-2850(4)-85,850-3300(1)- 89,150 (17 years).
In addition to the basic pay, the appointed candidates will also receive various allowances, including Dearness Allowance, House Rent Allowance, Qualification Allowance, City Compensatory Allowance, Grade Allowance, and other perquisites as approved from time to time.
FAQs on IRDAI Assistant Manager Recruitment 2024
Q1. Is the IRDAI Assistant Manager Recruitment 2024 Notification released?
Yes, the IRDAI Assistant Manager Recruitment 2024 Notification was released on 21st August 2024.
Q2. What is the age limit for the IRDAI Assistant Manager Recruitment 2024?
The age limit is between 21 to 30 years as of the prescribed date, with age relaxation applicable to reserved categories.
Q3. How many vacancies are there in IRDAI Assistant Manager Recruitment 2024?
A total of 49 vacancies have been announced for the IRDAI Assistant Manager post.
Q4. What is the selection process for the IRDAI Assistant Manager Recruitment 2024?
The selection process consists of three stages: Preliminary Examination, Descriptive Examination, and Interview.
Q5. What is the application fee for the IRDAI Assistant Manager Recruitment 2024?
The application fee is Rs. 750/- for General, OBC, and EWS candidates, and Rs. 100/- for SC/ST/PwBD candidates.
Conclusion
The IRDAI Assistant Manager Recruitment 2024 offers a golden opportunity for individuals aspiring to join a prestigious organization in the insurance sector. Candidates should ensure they meet the eligibility criteria and apply online before the deadline of 20th September 2024. Proper preparation and understanding of the exam pattern will be key to succeeding in this competitive examination. For further updates, candidates are advised to keep checking the official website of IRDAI.