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 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 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 Salary 2024 Overview | |
Name of Conducting Body | Insurance Regulatory and Development Authority of India (IRDAI) |
Post Name | IRDAI Assistant Manager |
Total Vacancies | To Be Notified Soon |
IRDAI Assistant Manager Basic Salary | Rs. 44,500 |
Pay Scale Structure | Rs.44500-2500(4)-54500-2850(7)-74450-EB-2850(4)-85850-3300(1)- 89150 (17 years). |
Gross Salary | Rs. 1,30,000 |
Perks & Benefits | Dearness Allowance, House Rent Allowance, Qualification Allowance, etc |
Job Location | Anywhere in India |
Probation Period | 1-2 years |
IRDAI Official Website Link | www.irdai.gov.in |
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.
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 In Hand Salary | ||
Period | IRDAI Assistant Manager Basic Pay | Increment Offered |
Initial | Rs 44500 | Rs 2500 |
After 4 Years | Rs.54500 | Rs 2850 |
After 7 Years | Rs 74450 | Rs 2850 |
After 11 Years | Rs 85850 | Rs 3300 |
After 12 to 17 years | Rs 89150 (Maximum Pay) |
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.
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 Gross Salary | |
Basic Salary | Rs. 44,500 Monthly |
Pay Scale | 44500-2500(4)-54500-2850(7)-74450-EB-2850(4)-85850-3300(1)- 89150 (17 years) |
Perks & Allowance | Dearness Allowance, House Rent Allowance, Grade Allowance, City Compensatory Allowance & Qualification Allowance |
IRDAI Assistant Gross Salary | Rs.1,30,000 Monthly |
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.
Related Blogs: | |
IRDAI Assistant Manager Syllabus | IRDAI Assistant Manager Cut Off |
IRDAI Assistant Manager Salary | IRDAI Assistant Manager Exam Date |
IRDAI Assistant Manager Selection Process |
IRDAI Assistant Manager Salary 2024 is Rs. 1,30,000 including perks and benefits.
The basic salary offered to IRDAI Assistant Manager is Rs. 44,500 monthly.
The perks included in IRDAI Assistant Manager Salary 2024 are Dearness Allowance, House Rent Allowance, Grade Allowance, City Compensatory Allowance & Qualification Allowance.
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