Vocabulary

IRDAI Assistant Manager 2023 Recruitment Notification Out

IRDAI Recruitment Notification is out for the post of Assistant Manager and the candidates can apply till May 10, 2023. In this article we will discuss all the important details of the IRDAI Assistant Manager 2023 recruitment notification including eligibility criteria, exam pattern etc and number of vacancies etc. All the eligible candidates can direcly apply from the apply link given below:

IRDAI Assistant Manager 2023 Recruitment Notification

The IRDA has announced a total number of 45 vacancies for the post of Assistant manager and here below in this article we will be providing all the other important details including theimportat dates, age limit, educational qualification and eligibility criteria etc.

IRDAI Assistant Manager 2023 Overview

OrganizationInsurance Regulatory and Development Authority of India
Exam NameIRDA Exam 2023
PostAssistant Manager
Vacancies45
CategoryGovernment Job
Application ModeOnline
Selection ProcessPhase I, II & Interview
Official Website@www.irdai.gov.in

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IRDAI Assistant Manager 2023 Important Dates

IRDA Recruitment 2023 Notification11 April 2023
IRDA Recruitment 2023 Apply Online Start Date11 April 2023
IRDA Recruitment 2023 Apply Online Last Date10 May 2023
IRDA Phase I Online ExaminationTo be Updated

IRDAI Assistant Manager 2023 Apply Online Link

As mentioned above the IRDA Assistant manager 2023 online application stars from today that is 11th 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.

IRDAI Assistant Manager 2023 Apply Online

IRDAI Assistant Manager 2023 Vacancy

CategoryVacancy Details
UR20
EWS04
OBC12
SC06
ST3
Total45

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IRDAI Assistant Manager 2023 Eligibility Criteria

Age Limit (as on 10.05.2023):

Not below 21 years and not above 30 years as on 10.05.2023, i.e. candidates should have been born not earlier than 11.05.1993 and not later than 10.05.2002 (both days inclusive).

  • Relaxation in the Upper Age Limit: Upper age limit will be relaxed as under:
Sl. NoCategoryRelaxation in Age
(i)Scheduled Caste / Scheduled Tribe (SC/ST)5 years
(ii)Other Backward Classes (OBC)3 years
(iii)Persons with Disabilities (PwBD)PwBD (SC/ST) – 15 years PwBD (OBC) – 13 years PwBD (GEN/UR) – 10 years
(iv)Ex-servicemen and Commissioned Officers including Emergency Commissioned Officers and Short Service Commissioned Officers who have rendered at least five years Military Service as on 10.05.2023 and have been released on completion of assignment (including those whose assignment is due to be completed within one year from 10.05.2023) otherwise than by way of dismissal or discharge on account of misconduct or inefficiency or physical disability attributable to Military Service or on invalidment.5 years

Educational Qualification

Sl.No.StreamNumberof postsQualification/s required
1Actuarial5Graduation with minimum 60% marks and 7 papers passed of IAI as per 2019 curriculum
2Finance5Graduation with minimum 60 % marks andACA/AICWA/ACMA/ACS/CFA
3Law5Bachelor’s Degree in Law with minimum 60% marks
4 IT 5Bachelor’s Degree in Engineering (Electrical / Electronics/ Electronics and Communication / Information Technology / Computer Science/ Software Engineering) with minimum 60% marksORMasters in Computers Application with minimum 60% marksORBachelor’s Degree in any discipline with a post graduate qualification (minimum 2 years duration) in Computers / Information Technology with minimum 60% marks
5 Research 5Master’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
6Generalist20Graduation with minimum 60% marks

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IRDAI Assistant Manager 2023 Selection Process

It comprises of three phases:

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

Phase I – On-line Preliminary Examination (Objective Type)

This is a qualifying examination to be eligible for Phase II – Descriptive Examination. Through this, candidates for Actuarial, Finance, Law, IT, Research streams and General stream shall be shortlisted separately for Phase II – Descriptive Examination as per standards to be decided separately by IRDAI (approximately 20 times the number of vacancies subject to availability). Marks secured in the Phase I – On-line Preliminary Examination will not count for interview or final selection.

Phase II – Descriptive Examinationcomprising 3 Papers (Paper I, II and III)

Phase III – Interview

  • Candidates for Actuarial, Finance, Law, IT, Research and General stream shall be shortlisted for Phase III – Interview based on the aggregate marks obtained in Papers I, II and III of Phase II – Descriptive Examination only.
    • The minimum cut-off marks for being shortlisted for Phase III – Interview shall be decided for each stream by IRDAI.
    • Final selection shall be based on the performance and merit of the candidates under respective stream in Phase II – Descriptive Examination and Phase III – Interview, taken together.

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IRDAI Assistant Manager 2023 Phase I Exam Pattern

Sl.No.Name of Test (Objective)No ofQuestionsMaximumMarksTotalTime
1Test of Reasoning4040 Composite time of 90 minutes
2Test of English Language4040
3Test of General Awareness4040
4Test of Quantitative Aptitude4040
Total160160

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 2023 Phase II Exam Pattern

Name of PaperType of PaperMarksTime (Minutes)
Paper-I: EnglishDescriptive (Questions will appear on screen and answers have to be written on answer sheets)10060
Paper-II: Economic and Social Issues impacting Insurance10060
Paper-III: Insurance and Management10060

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)

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IRDAI Assistant Manager 2023 Phase III Interview

Candidates who have been shortlisted in Phase II – Descriptive Examination only will subsequently be called for an Interview. Final selection will be on the basis of candidate’s performance in Phase II Descriptive Examination and Interview taken together (combined score) in order of merit.

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, 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).

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IRDAI Assistant Manager 2023 Examination Centre

Preliminary Examination shall be conducted at the following centres:

Sl. NoState and UnionTerritoriesName of the examination centre (City)
1Andhra PradeshVijayawada
2Assam Guwahati
3Arunachal Pradesh
4Mizoram
5Manipur
6Meghalaya
7Nagaland
8Tripura
9BiharPatna
10ChattisgarhRaipur
11DelhiDelhi/ NCR
12GujaratAhmedabad/ Gandhinagar/ Surat
13GoaPanaji
14HaryanaAmbala / Hisar
15Himachal PradeshShimla / Solan
16JharkhandRanchi
17KarnatakaBengaluru
18KeralaThiruvananthapuram
19Madhya PradeshBhopal
20MaharashtraMumbai / Navi Mumbai / Thane/ MMRRegion
21OdishaBhubaneshwar
22PunjabMohali / Jalandhar
23RajasthanJaipur / Sikar / Alwar / Kota
24SikkimGangtok – Bardang
25TamilnaduChennai
26TelanganaHyderabad
27Uttar PradeshLucknow
28UttarakhandDehradun
29West BengalKolkatta
30Andaman & Nicobar IslandsPort Blair
31ChandigarhChandigarh – Mohali
32Lakshadweep IslandsKawaratti
33PuducherryPuducherry
34Jammu & KashmirSrinagar/Samba/Jammu
35LadakhLeh

IRDAI Assistant Manager 2023 Recruitment Notification PDF

This brings us to the end of the article. Go through all the important details related to the IRDAI Assistant Manager 2023 recruitment notification. Sign up at PracticeMock.com for IRDA Assistant Manager free mock test.

Cheena Sawhney

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