Blog

The Insurance Regulatory and Development Authority of India (IRDAI), a statutory body established by an Act of Parliament, is seeking qualified Indian citizens to fill 49 Assistant Manager (AM) positions across its various offices. This recruitment will be conducted through a nationwide competitive process, which includes:

1. Phase I: Online Preliminary Examination (objective type)
2. Phase II: Descriptive Examination at select centers
3. Phase III: Interview

Candidates interested in this opportunity are encouraged to apply and participate in this comprehensive selection process.

Organization Name	Insurance Regulatory and Development Authority of India (IRDAI)
Post Name	Assistant Manager
Total Vacancy	49
End date for applications	20/09/2024

1. Actuarial (5 posts)

• Qualification: Graduation with 60% marks and 7 papers passed of IAI (2019 curriculum).

2. Finance (5 posts)

• Qualification: Graduation with 60% marks and ACA/AICWA/ACMA/ACS/CFA.

3. Law (5 posts)

• Qualification: Bachelor’s Degree in Law with 60% marks.

4. IT (5 posts)

• Qualification:
• Bachelor’s in Engineering (Electrical/Electronics/IT/Computer Science) with 60% marks, or
• Master’s in Computer Applications with 60% marks, or
• Bachelor’s degree with a 2-year post-graduate qualification in Computers/IT with 60% marks.

5. Research (5 posts)

• Qualification: Master’s Degree or 2-year Post Graduate Diploma in Economics/Statistics/related fields with 60% marks.

6. Generalist (24 posts)

• Qualification: Graduation with 60% marks.

Additional Notes:

• Computer Knowledge: Candidates must be proficient in computer operations.
• Recognition: Qualifications must be from a recognized institution.
• Multiple Applications: Separate applications are needed for each stream; only the latest application will be considered if applying for multiple streams.
• Relaxation: SC/ST candidates have a 5% mark relaxation in the Bachelor’s Degree.
• Grade Conversion: CGPA/OGPA out of a scale other than 10 will be converted to a 10-point scale.

Eligibility Date: As of the last date of receipt of applications, 20.09.2024.

Age Limit (as of 20.09.2024):

• Minimum: 21 years
• Maximum: 30 years
• Candidates must be born between 21.09.1994 and 20.09.2003 (inclusive).

Age Relaxation:

• SC/ST: 5 years
• OBC: 3 years
• PwBD:
• SC/ST: 15 years
• OBC: 13 years
• General/UR: 10 years
• Ex-servicemen and Commissioned Officers: 5 years (with at least 5 years of military service)

Note: Cumulative age relaxation is not available across multiple categories.

• Pay Scale: Starting basic pay of ₹44,500 per month, with a salary range up to ₹89,150 over 17 years, plus allowances. Initial gross emoluments are approximately ₹1,46,000 per month (excluding certain allowances).
• Pension: Governed by the New Pension Scheme (NPS).
• Seniority: Determined by the ranking obtained during selection.
• Probation: 1 year, extendable to a maximum of 2 years.
• Promotion: Opportunities for advancement to higher grades.
• Posting: Candidates may be posted in any IRDAI office and are subject to transfers between departments/offices.

1. Application Period: Apply online from 21.08.2024 to 20.09.2024. No other application modes will be accepted.
2. Pre-Application Preparation:

• Documents to Scan:
  • Photograph (4.5cm × 3.5cm), 20KB – 50KB
  • Signature (black ink), 10KB – 20KB
  • Left Thumb Impression (black/blue ink), 20KB – 50KB
  • Handwritten Declaration (text provided), 50KB – 100KB

3. Application Process:

• Visit IRDAI Careers and select “Recruitment for the post of Assistant Manager (2024)”.
• Register by entering basic information; note your provisional registration number and password.
• Fill out the application form carefully, verify all details, and submit.
• Documents Upload: Upload your photograph, signature, left thumb impression, and handwritten declaration as per the guidelines.
• Payment: Pay the application fee online using available methods. Ensure the payment is successful and an e-receipt is generated.

4. Important Notes:

• Ensure all documents are clear and correctly uploaded. Incorrect or unclear documents may result in rejection.
• Maintain a valid email ID and mobile number for communication.
• Application forms with missing or incorrect details will be rejected.

5. Other Guidelines:

• Do not wait until the last day to apply; apply early to avoid issues.
• No need to upload application printouts or certificates initially.
• For any changes in examination dates or updates, regularly check the IRDAI website.

Ensure compliance with all guidelines to avoid rejection of your application.

Official Notification Click Here

Apply Online Click Here

Official Website Click Here