IRDAI Assistant Manager Salary 2024, Check Revised Pay Scale

IRDAI Assistant Manager Salary

IRDAI Assistant Manager Salary 2024: Salary is a deciding factor for candidates to apply for IRDAI Assistant Manager jobs. The Insurance Regulatory and Development Authority of India conducts hiring to get qualified staff for Assistant Manager posts. The roles and responsibilities of an Assistant Manager include involvement in managerial work, policy implementation, and coordinating subordinate teams. It demands consistent efforts and dedication from candidates working as IRDAI Assistant Manager. IRDAI understands and values the efforts of employees and provides a basic salary of Rs. 44,500 monthly. An array of benefits in salary includes house rent allowance, dearness allowance, qualification allowance, and city compensatory allowance. It makes up to IRDAI Assistant Manager’s Gross Salary of Rs. 1,30,000 monthly excluding qualification allowance.

IRDAI Assistant Manager Salary 2024

IRDAI is a government organization responsible for ensuring smooth functioning in the Insurance sector in India. It takes care of policy implementation and active response of Assistant Managers to provide convenience to public investing in Insurance Companies. The selected candidates joining in Insurance Regulatory and Development Fund Authority (IRDAI) Assistant Manager get an attractive salary package. IRDAI Assistant Managers are offered a monthly salary of Rs. 1,30,000. The Pay Scale of an Assistant Manager is Rs. 44500-2500(4)-54500-2850(7)-74450-EB-2850(4)-85850-3300(1)- 89150 (17 years). The promotion and career growth cycle takes place based on the performance analysis of the Assistant Manager working in IRDAI. Candidates have to serve a probation period of 1 to 2 years.

IRDAI Assistant Manager Salary 2024 Overview

IRDAI organizes a recruitment drive to hire IRDAI Assistant Manager Exam 2024 for multiple locations in India. The Monthly Salary offered to the Assistant Manager is Rs. 1,30,000 including perks and benefits. Candidates are required to serve 1-2 years of probation period after joining the IRDAI Assistant Manager posts. A summarized format of important information regarding IRDAI Assistant Manager Salary is tabulated below.

IRDAI Assistant Manager Probation Period

Every candidate who applies for the IRDAI Assistant Manager exam dreams of having a good career and growth. Therefore, they are also curious about how their career takes shape in the organization where they’ll work. They should know that they will have to first serve a probationary period of 1 year which can be extended. The probation period will last up to a maximum of two years from the date of joining the service.

IRDAI Assistant Manager In Hand Salary

After joining IRDAI Assistant Manager, candidates become eligible to draw an initial basic salary of Rs. 44,500 monthly. They are eligible to get perks and allowances based on the post. The IRDAI Assistant Manager Salary Structure is Rs. 44500-2500(4)-54500-2850(7)-74450-EB-2850(4)-85850-3300(1)- 89150 (17 years) with applicable perks. Candidates joining on Assistant manager post are entitled getting career growth and promotions based on promotions.

IRDAI Assistant Manager Roles and Responsibility 2024

Candidates who are working as IRDAI Assistant Managers are responsible for preparing and executing plans and policies for the smooth functioning and regulation of Insurance companies. They have to work in multiple departments and follow the roles and responsibilities assigned to them as IRDAI Assistant Manager.

• Regulation & Assistance in the Insurance Sector: The IRDAI Assistant Manager is held responsible to do regulation and assisting in smoothing the functioning of insurance companies operating in the sector.
• Ensure Smooth Functioning: Assistant Managers work to ensure all policies are framed and executed within a given time smoothly. They check all tasks conducted without affecting daily tasks.
• Maintain Communication with Policyholders & Insurance Companies: The Assistant Manager is responsible for coordinating communication with policyholders and insurance companies.
• Research & Analysis: IRDAI Assistant Manager perks regular research and analysis of data provided to them. Accordingly, they perform research tasks with a team to gather conclusions effective for forming policies.
• Training & Guidance: They organize training and guidance programs for junior employees to improve performance and create an effective work culture in IRDAI.
• Coordinate Work with Team: IRDAI Assistant Manager’s job role is to coordinate with team members. They assign tasks to junior employees and check performance.

IRDAI Assistant Manager Gross Salary 2024

The Gross Salary offered to the IRDAI Assistant Manager is Rs. 1,30,000 monthly adding perks and benefits. Candidates are responsible for following multiple job roles based on their profile. IRDAI takes care of the efforts of Assistant Managers providing them with benefits dearness allowances, house rent allowance, and qualification allowance in addition to salary.

IRDAI Assistant Manager Benefits And Promotions

Candidates are entitled to receive IRDAI Assistant Manager Promotions after serving a probation period of 1-2 years. IRDAI can extend probation based on performance analysis of candidates working as Assistant Managers in the organization. Senior Officials perform complete performance reviews of Assistant Managers and provide them with appraisals and promotions based on the rules and regulations of company.

• Assistant Manager
• Deputy Manager
• Manager
• Senior Manager
• General Manager

IRDAI Assistant Manager Salary 2024 FAQs

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