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.
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:
| Particulars | Details |
| Exam Conducting Authority | Insurance Regulatory and Development Authority of India (IRDAI) |
| Exam Name | IRDAI Assistant Manager |
| Post Name | Assistant Manager/ Grade A Officers |
| Vacancies | 49 |
| IRDAI Assistant Manager Registration Dates | 21st August 2024 to 20th September 2024 |
| Selection Process | Prelims Mains (Descriptive) Interview |
| Official Website | irdai.gov.in |
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 | Type of Exam | Nature of Exam | Final Selection | Details |
| Phase 1 (Prelims) | Objective (MCQ) | Qualifying | No | 4 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) | Considered | Yes | Paper 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 Interview | Considered | Yes | Final selection based on combined score of Phase 2 (85%) and Interview (15%) |
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:
| Phases | Type of Exam | Nature of Exam | Final selection |
| Phase 1 | Preliminary Exam | Objective | No |
| Phase 2 | Descriptive Exam | Descriptive | Yes |
| Phase 3 | Interview | Face to Face | Yes |
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.
| Section | No of Questions | Maximum Marks |
| English Language | 40 | 40 |
| Reasoning Ability | 40 | 40 |
| Quantitative Aptitude | 40 | 40 |
| General Awareness | 40 | 40 |
| Total | 160 | 160 |
Note: IRDAI Assistant Manager Phase 1 is qualifying in nature. There will be a negative marking of 1/4th of the mark per question.
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).
| Paper | Duration | Maximum Marks | Subject |
| Paper I | 1 hour | 100 | English Language |
| Paper II | 1 hour | 100 | Economic and Social Issues Impacting Insurance |
| Paper III | 1 hour | 100 | Insurance and Management |
| Related Blogs: | |
| IRDAI Assistant Manager Syllabus | IRDAI Assistant Manager Cut Off |
| IRDAI Assistant Manager Salary | IRDAI Assistant Manager Exam Date 2024 |
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.
There are 3 stages in IRDAI Assistant Manager. Theses stages are: Preliminary Exam, Descriptive Exam, and Interview.
No, only phase 2 (descriptive) and the interview are considered for final selection.
There are three papers in Phase 2. They are: Paper 1, Paper 2 and Paper 3.
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