IRDAI Assistant Manager Exam
IRDAI Assistant Manager Notification PDF is a document that provides all the details about the recruitment process for the post of Assistant Manager in the Insurance Regulatory and Development Authority of India (IRDAI). IRDAI is a statutory body that regulates and develops the insurance sector in India. It invites applications from eligible candidates for 45 posts in Assistant Manager grade through an online examination and interview. The notification contains information about the eligibility criteria, selection process, exam pattern, syllabus, application fee, how to apply, important dates, and other instructions for the candidates. Candidates who are interested and qualified can apply online through the official website of IRDAI (www.irdai.gov.in) from 11 April 2023 to 10 May 2023. The notification also provides the link for downloading the admit card, result, and final merit list of the selected candidates. Candidates are advised to read the notification carefully before applying and keep visiting the website for any updates or changes regarding the recruitment.
IRDAI Grade A Assistant Manager 2023 Overview
|Exam name||IRDAI Grade A Assistant Manager|
|Organization||IRDAI (Insurance Regulatory and Development Authority of India)|
|Post||Grade A Assistant Manager|
|Eligibility||Depends on the stream applied for|
|Age Limit||21 - 30 years|
|Frequency of exam||Annual|
|Exam stages||Phase I - Online Preliminary Examination (Objective Type) => Phase II - Descriptive Examination => Phase III - Interview|
Phase I: 90 Minutes
Phase II: 180 Minutes
Phase I No. of Questions: 160
Phase I Total Marks: 160
Phase I Total Papers: 3
Phase II Total Marks: 300
For SC / ST / PwBD: Rs 100
Other than SC/ST/PwBD: Rs 750
|On-line registration including Editing/ Modification of Application by candidates||11.04.2023 - 10.05.2023|
|Online Examination Date||Will be Updated|
|Interview Date||Will be Updated|
|Basic Pay||Rs.44,500/- per month|
IRDAI Assistant Manager 2023 Vacancies
|Name of the Post|
i.e. General (GEN/UR)
|Economically Weaker Sections (EWSs)||Other Backward Classes (OBC)||Scheduled Castes (SC)||Scheduled Tribes (ST)||Total|
IRDAI Assistant Manager 2023 Important Dates
|Website Link Open for on-line registration of applications and payment of examination fee/intimation charges||11.04.2023|
|Last date for submission of on-line applications and payment of examination fee/intimation charges||10.05.2023|
|Phase I - On-line Preliminary Examination (Objective type)||Will be informed in due course|
IRDAI Grade A Assistant Manager 2023 Eligibility Criteria
Age Limit (as on 10.05.2023)
Not below 21 years and not above 30 years as on 10.05.2023, i.e. candidates should have been born not earlier than 11.05.1993 and not later than 10.05.2002 (both days inclusive)
|1||Actuarial||5||Graduation with minimum 60% marks and 7 papers passed of IAI as per 2019 curriculum|
Graduation with minimum 60 % marks and
|3||Law||5||Bachelor's Degree in Law with minimum 60% marks|
Bachelor's Degree in Engineering (Electrical / Electronics
/ Electronics and Communication / Information Technology / Computer Science/ Software Engineering) with minimum 60% marks
Masters in Computers Application with minimum 60% marks
Bachelor's Degree in any discipline with a post graduate qualification (minimum 2 years duration) in Computers / Information Technology with minimum 60% marks
Master's Degree or 2-years Post Graduate Diploma in Economics / Econometrics / Quantitative Economics / Mathematical Economics / Integrated Economics Course/
Statistics/ Mathematical Statistics/Applied Statistics & Informatics with a minimum of 60% marks
|6||Generalist||20||Graduation with minimum 60% marks|
IRDAI Grade A Assistant Manager 2023 Selection Process
Phase I - On-line Preliminary Examination (Objective Type)
|Name of Test (Objective)|
|1||Test of Reasoning||40||40|
Composite time of 90 minutes
|2||Test of English Language||40||40|
|3||Test of General Awareness||40||40|
|4||Test of Quantitative Aptitude||40||40|
This is a qualifying examination to be eligible for Phase II - Descriptive Examination. Through this, candidates for Actuarial, Finance, Law, IT, Research streams and General stream shall be shortlisted separately for Phase II - Descriptive Examination as per standards to be decided separately by IRDAI (approximately 20 times the number of vacancies subject to availability). Marks secured in the Phase I - On-line Preliminary Examination will not count for interview or final selection.
- A candidate has to qualify in each of the four Objective Test separately and also in aggregate as per the cut-off marks for each test and in aggregate to be decided by IRDAI. Separate cut-offs may also be applied for each of the specialized stream and General stream.
- Tests will be conducted in English and Hindi (except Test of English Language which will be provided only in English).
- There will be negative marks for wrong answers in the Objective Tests. 1/4th mark will be deducted for each wrong answer.
Phase II - Descriptive Examination
|Name of Paper||Type of Paper||Marks||Time (Minutes)|
|Paper-I: English||Descriptive (Questions will appear on screen and answers have to be written on answer sheets)||100||60|
|Paper-II: Economic and Social Issues impacting Insurance||100||60|
|Paper-III: Insurance and Management||100||60|
This will be comprising 3 Papers (Paper I, II and III).
Phase III - Interview
- Candidates for Actuarial, Finance, Law, IT, Research and General stream shall be shortlisted for Phase III - Interview based on the aggregate marks obtained in Papers I, II and III of Phase II - Descriptive Examination only.
- The minimum cut-off marks for being shortlisted for Phase III - Interview shall be decided for each stream by IRDAI.
- Final selection shall be based on the performance and merit of the candidates under respective stream in Phase II - Descriptive Examination and Phase III – Interview, taken together.
IRDAI Grade A Assistant Manager 2023 Pay Scale
Selected candidates will draw a starting basic pay of Rs.44,500/- per month in the scale of Rs. 44500- 2500(4)- 54500- 2850(7)- 74450- EB- 2850(4)- 85850- 3300(1)- 89150 (17 years) and other allowances, like Dearness Allowance, House Rent Allowance, Qualification Allowance, City Compensatory Allowance, Grade Allowance and other perquisites as approved from time to time etc., as admissible from time to time. The candidates employed elsewhere and joining IRDAI will be fixed at the minimum of basic pay in the scale of pay applicable to the post. At present, initial monthly gross emoluments for Assistant Manager is approximately Rs.1,30,000/- (excluding qualification allowance, wherever applicable). Selected candidates will be governed by the defined contribution New Pension Scheme (NPS).