IRDAI Recruitment 2024: Check Eligibility, Selection Process & Apply Online

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IRDAI Assistant Manager Recruitment 2024: The Insurance Regulatory and Development Authority of India (IRDAI), a statutory agency formed by an Act of Parliament, is seeking applications from eligible Indian residents for 49 Assistant Manager positions. This recruiting will be conducted in three stages: an online preliminary examination, a descriptive examination, and an interview. Candidates who match the eligibility requirements are notified to apply online before the last date.

IRDAI Recruitment 2024

The IRDAI regulates and promotes the insurance and reinsurance sectors in India. This recruiting effort aims to strengthen the organization’s personnel by hiring 49 Assistant Manager roles across multiple streams. The selected individuals would have the opportunity to work in one of India’s most prestigious regulatory agencies, helping to shape and regulate the insurance sector.

FeatureDetails
Post NameAssistant Manager
Total Vacancies49
Conducting BodyInsurance Regulatory and Development Authority of India (IRDAI)
Advertisement No.07/2024-IES/ISS
Application Start Date21-08-2024
Application End Date20-09-2024
Age Limit21 to 30 years (as on 20-09-2024)
Application FeeRs. 750/- (General/OBC)
Rs. 100/- (SC/ST/PwBD)
Payment ModeOnline through SBI branch, Net Banking, Credit/Debit Card, UPI

Vacancy Details

CategoryGeneralEWSOBCSCSTTotal
Vacancies214128449

Eligibility Criteria

Educational Qualifications

Candidates should possess the following qualifications based on the stream they are applying for:

StreamNumber of PostsQualification Required
Actuarial5Graduation with minimum 60% marks and 7 papers passed of IAI as per the 2019 curriculum
Finance5Graduation with minimum 60% marks and ACA/ AICWA/ ACMA/ ACS/ CFA
Law5Bachelor’s Degree in Law with minimum 60% marks
IT5Bachelor’s Degree in Engineering (Electrical/ Electronics/ IT/ Computer Science) with minimum 60% marks OR Master’s in Computer Applications with minimum 60% marks OR equivalent degree
Research5Master’s Degree or 2-year Post Graduate Diploma in Economics/ Econometrics/ Quantitative Economics/ Mathematical Economics/ Statistics with minimum 60% marks
Generalist24Graduation with minimum 60% marks

Age Limit (as of 20-09-2024)

  • Minimum Age: 21 Years
  • Maximum Age: 30 Years
    (Candidates must have been born between 21-09-1994 and 20-09-2003)
  • Age Relaxation: Applicable as per rules.

Selection Process

IRDAI has designed a comprehensive three-phase selection process to identify the best candidates:

Phase I: Online Preliminary Examination

This is your first hurdle. It’s a qualifying examination consisting of 160 objective-type questions. Here’s what you need to know:

  • Total Questions: 160
  • Total Marks: 160
  • Duration: 90 minutes
  • Subjects Covered:
    1. Reasoning
    2. English Language
    3. General Awareness
    4. Quantitative Aptitude

Phase II: Descriptive Examination

If you clear Phase I, you’ll move on to the Descriptive Examination. This phase includes three papers:

  1. Paper I: English (100 Marks)
  2. Paper II: Economic and Social Issues Impacting Insurance (100 Marks)
  3. Paper III: Insurance and Management (100 Marks)

Phase III: Interview

The final phase is an interview. IRDAI will shortlist candidates based on their performance in Phase II. The interview gives you a chance to showcase your personality and knowledge.

Final Selection

IRDAI will make the final selection based on a combined score:

  • Phase II: 85% weightage
  • Interview: 15% weightage

Important Dates

Application Start Date21-08-2024
Last Date for Online Application Submission20-09-2024
Phase I – Online Preliminary ExaminationTo be announced

Application Fee

General/OBCRs. 750/-
SC/ST/PwBDRs. 100/-
Payment Mode: Online through SBI branch, Net Banking, Credit/Debit Card, UPI

How to Apply for IRDAI Recruitment 2024?

Here’s how you can apply for the IRDAI Assistant Manager position:

  1. Visit the official IRDAI website
  2. Look for the recruitment section
  3. Click on the application link for Assistant Manager 2024
  4. Fill in your details accurately
  5. Upload required documents as per specifications
  6. Pay the application fee online
  7. Submit your application and note down the reference number

Important Links

Apply OnlineClick Here
NotificationClick Here
Official WebsiteClick Here

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