IRDAI Assistant Manager Recruitment 2024: The Insurance Regulatory and Development Authority of India (IRDAI), a statutory agency formed by an Act of Parliament, is seeking applications from eligible Indian residents for 49 Assistant Manager positions. This recruiting will be conducted in three stages: an online preliminary examination, a descriptive examination, and an interview. Candidates who match the eligibility requirements are notified to apply online before the last date.
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IRDAI Recruitment 2024
The IRDAI regulates and promotes the insurance and reinsurance sectors in India. This recruiting effort aims to strengthen the organization’s personnel by hiring 49 Assistant Manager roles across multiple streams. The selected individuals would have the opportunity to work in one of India’s most prestigious regulatory agencies, helping to shape and regulate the insurance sector.
| Feature | Details |
|---|---|
| Post Name | Assistant Manager |
| Total Vacancies | 49 |
| Conducting Body | Insurance Regulatory and Development Authority of India (IRDAI) |
| Advertisement No. | 07/2024-IES/ISS |
| Application Start Date | 21-08-2024 |
| Application End Date | 20-09-2024 |
| Age Limit | 21 to 30 years (as on 20-09-2024) |
| Application Fee | Rs. 750/- (General/OBC) Rs. 100/- (SC/ST/PwBD) |
| Payment Mode | Online through SBI branch, Net Banking, Credit/Debit Card, UPI |
Vacancy Details
| Category | General | EWS | OBC | SC | ST | Total |
|---|---|---|---|---|---|---|
| Vacancies | 21 | 4 | 12 | 8 | 4 | 49 |
Eligibility Criteria
Educational Qualifications
Candidates should possess the following qualifications based on the stream they are applying for:
| Stream | Number of Posts | Qualification Required |
|---|---|---|
| Actuarial | 5 | Graduation with minimum 60% marks and 7 papers passed of IAI as per the 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/ IT/ Computer Science) with minimum 60% marks OR Master’s in Computer Applications with minimum 60% marks OR equivalent degree |
| Research | 5 | Master’s Degree or 2-year Post Graduate Diploma in Economics/ Econometrics/ Quantitative Economics/ Mathematical Economics/ Statistics with minimum 60% marks |
| Generalist | 24 | Graduation with minimum 60% marks |
Age Limit (as of 20-09-2024)
- Minimum Age: 21 Years
- Maximum Age: 30 Years
(Candidates must have been born between 21-09-1994 and 20-09-2003) - Age Relaxation: Applicable as per rules.
Selection Process
IRDAI has designed a comprehensive three-phase selection process to identify the best candidates:
Phase I: Online Preliminary Examination
This is your first hurdle. It’s a qualifying examination consisting of 160 objective-type questions. Here’s what you need to know:
- Total Questions: 160
- Total Marks: 160
- Duration: 90 minutes
- Subjects Covered:
- Reasoning
- English Language
- General Awareness
- Quantitative Aptitude
Phase II: Descriptive Examination
If you clear Phase I, you’ll move on to the Descriptive Examination. This phase includes three papers:
- Paper I: English (100 Marks)
- Paper II: Economic and Social Issues Impacting Insurance (100 Marks)
- Paper III: Insurance and Management (100 Marks)
Phase III: Interview
The final phase is an interview. IRDAI will shortlist candidates based on their performance in Phase II. The interview gives you a chance to showcase your personality and knowledge.
Final Selection
IRDAI will make the final selection based on a combined score:
- Phase II: 85% weightage
- Interview: 15% weightage
Important Dates
| Application Start Date | 21-08-2024 |
| Last Date for Online Application Submission | 20-09-2024 |
| Phase I – Online Preliminary Examination | To be announced |
Application Fee
| General/OBC | Rs. 750/- |
| SC/ST/PwBD | Rs. 100/- |
How to Apply for IRDAI Recruitment 2024?
Here’s how you can apply for the IRDAI Assistant Manager position:
- Visit the official IRDAI website
- Look for the recruitment section
- Click on the application link for Assistant Manager 2024
- Fill in your details accurately
- Upload required documents as per specifications
- Pay the application fee online
- Submit your application and note down the reference number
Important Links
| Apply Online | Click Here | |
| Notification | Click Here | |
| Official Website | Click Here | |
