IRDAI Assistant Manager

IRDAI Assistant Manager Selection Process 2024, Check Details

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This year, the Insurance Regulatory and Development Authority of India (IRDAI) has released 49 Assistant Manager posts via a recruitment notification. These posts will be filled by candidates from Actuarial, Generalist, Research, IT, Law, and Finance streams. Candidates who want to grab one of these posts must clear three phases or stages. Therefore, they need to fully understand the selection process. Read on to find the complete details related to the selection process.

IRDAI Assistant Manager Selection Process 2024 Overview

There are three stages in the selection process for the IRDAI Assistant Manager exam 2024. Candidates who want to clear the exam will have to clear all these three stages. Check out the highlights of the IRDAI Assistant Manager Selection Process 2024 from the table given below:

ParticularsDetails
Exam Conducting AuthorityInsurance Regulatory and Development Authority of India (IRDAI)
Exam NameIRDAI Assistant Manager
Post NameAssistant Manager/ Grade A Officers
Vacancies49
IRDAI Assistant Manager Registration Dates21st August 2024 to 20th September 2024
Selection ProcessPrelims
Mains (Descriptive)
Interview
Official Websiteirdai.gov.in

IRDAI Assistant Manager Selection Process

As discussed above, the IRDAI Assistant Manager exam selection process has three stages. Candidates will have to clear all three stages of the exam to be part of IRDAI. These three stages are:

  • Phase 1 (Prelims Exam)
  • Phase 2 (Descriptive Exam)
  • Phase 3 (Interview)
PhaseType of ExamNature of ExamFinal SelectionDetails
Phase 1 (Prelims)Objective (MCQ)QualifyingNo4 Sections: English, Reasoning, Quantitative, General Awareness (40 questions/section)
Duration: 90 minutes, Max Marks: 160, Negative Marking: 1/4th
Phase 2 (Descriptive)Descriptive (3 Papers)ConsideredYesPaper I: English (100 marks, 1 hour), Paper II: Economic & Social Issues (100 marks, 1 hour)
Paper III: Insurance & Management (100 marks, 1 hour)
Phase 3 (Interview)Face-to-Face InterviewConsideredYesFinal selection based on combined score of Phase 2 (85%) and Interview (15%)

IRDAI Assistant Manager Selection Process 2024

Candidates who want to become IRDAI Assistant Manager should have to clear 3 Tiers. The Phase 1 exam is qualifying and is not considered in the final selection. Here is the detailed IRDAI Assistant Manager Selection Process:

PhasesType of ExamNature of ExamFinal selection
Phase 1Preliminary ExamObjectiveNo
Phase 2Descriptive ExamDescriptiveYes
Phase 3InterviewFace to FaceYes

IRDAI Assistant Manager Exam Pattern 2024 – Phase 1

The Phase 1 exam is an online test having multiple-choice questions. The Paper will be set in both Hindi and English Languages entertaining 4 sections. Candidates can fetch a total of 160 marks in the time duration of 90 minutes.

SectionNo of QuestionsMaximum Marks
English Language4040
Reasoning Ability4040
Quantitative Aptitude4040
General Awareness4040
Total160160

Note: IRDAI Assistant Manager Phase 1 is qualifying in nature. There will be a negative marking of 1/4th of the mark per question.

IRDAI Assistant Manager Exam Pattern 2024 – Phase 2

The Phase II exam has three papers: Paper I, Paper II, and Paper III. All three papers are descriptive in nature. The questions appear on the screen and answers are written on answer sheets. Paper I is for 1 hour, and the maximum marks are 100. The questions are in the English language. On the other hand, Paper II is 1 hour long, having a total of 100 marks. The questions come from Economic and Social Issues that impact Insurance. Paper III is based on Insurance and Management. The duration of this Paper is 60 minutes or 1 hour and the maximum marks are 100. The Test is conducted in English and Hindi (except Test of English Language which will be provided only in English).

PaperDurationMaximum MarksSubject
Paper I1 hour100English Language
Paper II1 hour100Economic and Social Issues Impacting Insurance
Paper III1 hour100Insurance and Management
  • Mode: English and Hindi (except English Language, which is in English only).

Related Blogs:
IRDAI Assistant Manager SyllabusIRDAI Assistant Manager Cut Off
IRDAI Assistant Manager SalaryIRDAI Assistant Manager Exam Date 2024

IRDAI Assistant Manager Selection Process 2024 FAQs

What is the IRDAI Assistant Manager selection process?

The IRDAI Assistant Manager selection process is the method that is used to choose candidates for the position of Assistant Manager. It is a three-tiered process.

What are the stages in the IRDAI Assistant Manager Selection Process?

There are 3 stages in IRDAI Assistant Manager. Theses stages are: Preliminary Exam, Descriptive Exam, and Interview.

Will all three stages be considered for the final selection?

No, only phase 2 (descriptive) and the interview are considered for final selection.

How many papers are there in phase 2?

There are three papers in Phase 2. They are: Paper 1, Paper 2 and Paper 3.

Asad Yar Khan

Asad specializes in penning and overseeing blogs on study strategies, exam techniques, and key strategies for SSC, banking, regulatory body, engineering, and other competitive exams. During his 3+ years' stint at PracticeMock, he has helped thousands of aspirants gain the confidence to achieve top results. In his free time, he either transforms into a sleepyhead, devours books, or becomes an outdoor enthusiast.

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