Updated On : 13 Apr, 2023
The Insurance Regulatory and Development Authority of India (IRDAI) has issued an official notification for the recruitment of the Assistant Manager on 11th April 2023. Online applications are invited by the candidates from the 11th of April to the 10th of May 2023. Through this recruitment drive, 45 vacant seats are going to be filled for the Assistant Manager (AM) grade through open competition on an India basis for its various offices. Read this article carefully to read the all exam-related information here which is necessary to know before applying for the examination.
Exam conducting body | Insurance Regulatory and Development Authority of India |
Post name | Assistant Manager |
Application dates | 11th April to 10th of May 2023 |
Application mode | Online |
Vacancy | 45 |
Official website | |
Official notice | |
Apply link |
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). Relaxation in age is also permissible for some special categories:-
Category | Relaxation in age |
Scheduled Caste / Scheduled Tribe (SC/ST) | 5 years |
Other Backward Classes (OBC) | 3 years |
Persons with Disabilities (PwBD) | PwBD (SC/ST) – 15 years PwBD (OBC) – 13 years PwBD (GEN/UR) – 10 years |
Ex-servicemen and Commissioned Officers including Emergency Commissioned Officers and Short Service Commissioned Officers who have rendered at least five years of Military Service as on 10.05.2023 and have been released on completion of assignment (including those whose assignment is due to be completed within one year from 10.05.2023) otherwise than by way of dismissal or discharge on account of misconduct or inefficiency or physical disability attributable to Military Service or on invalidment. | 5 years |
Post name | Educational Qualification |
Actuarial | Graduation with minimum 60% marks and 7 papers passed of IAI as per the 2019 curriculum |
Finance | Graduation with minimum 60 % marks and ACA/AICWA/ACMA/ACS/CFA |
Law | Bachelor’s Degree in Law with minimum 60% marks |
IT | Bachelor’s Degree in Engineering (Electrical / Electronics / Electronics and Communication / Information Technology / Computer Science/ Software Engineering) with minimum 60% marks OR Master in Computers Application with minimum 60% marks OR Bachelor’s Degree in any discipline with a postgraduate qualification (minimum 2 years duration) in Computers / Information Technology with minimum 60% marks |
Research | Master's Degree or 2-year 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 |
Generalist | Graduation with minimum 60% marks |
Visit the official website of the IBPS.
On the homepage, you will get a link to “IRDAI- Recruitment of Assistant Manager - Registration starts from 11- Apr-2023. Click here to register.”
After clicking on the link, a new screen will appear where you will get the “Click here for new registration” tab.
Fill out your credentials carefully and register yourself.
Once you have registered, your login credentials will be sent to your email Id.
Login with those credentials and fill out the application form.
Upload your documents in the needed format and pay the required application fee.
Now submit your application form and take a printout of the final submission for future reference.
Category | Application Fee | Remarks |
SC / ST / PwBD | Rs.100/- | Intimation charges |
Other than SC/ ST/ PwBD | Rs.750/- | Examination fee and Intimation charges |
Note:- Fee once paid shall not be refunded under any circumstances nor the fee shall be held in reserve for any other examination or selection.
The selection process will consist of 3 steps:-
Phase I - On-line Preliminary Examination
Phase II - Descriptive Examination
Phase III - Interview
This is a qualifying examination that will be conducted in an objective type.
Through this, candidates for Actuarial, Finance, Law, IT, Research streams and General streams shall be shortlisted separately for Phase II - Descriptive Examination.
A total of 160 questions will be asked for 160 marks.
Candidates have to reply to all the questions in 90 minutes.
Name of Test | No of Questions | Maximum Marks | Total Time |
Reasoning | 40 | 40 | Composite time of 90 minutes |
English Language | 40 | 40 | |
General Awareness | 40 | 40 | |
Quantitive Aptitude | 40 | 40 | |
Total | 160 | 160 |
Descriptive Examination comprising 3 Papers i.e. Paper I, Paper II and Paper III.
Each paper will be conducted for 100 marks.
Candidates have to complete each examination in 60 minutes.
Name of Test | Type of Paper | Maximum Marks | Time |
English | Descriptive (Questions will appear on screen and answers have to be written on answer sheets) | 100 | 60 minutes |
Economic and Social Issues Impacting Insurance | 100 | 60 minutes | |
Insurance and Management | 100 | 60 minutes |
Candidates for Actuarial, Finance, Law, IT, Research and General streams 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.
Candidates who have been shortlisted in Phase II - Descriptive Examination only will subsequently be called for an Interview.
IRDAI shall notify the exact venue, its address, time and date of the interview later on IRDAI’s website and the shortlisted candidates for the Interview shall download their Admission Letters from the IRDAI website as per the schedule to be announced.
Category-wise vacancy details are tabulated below:-
Category | Vacancy |
Unreserved i.e. General (GEN/UR) | 20 |
Economically Weaker Sections (EWSs) | 04 |
Other Backward Classes (OBC) | 12 |
Scheduled Castes (SC) | 06 |
Scheduled Tribes (ST) | 03 |
Total | 45 |
Post-wise breakdown of the vacancy is tabulated below:-
Post name | Vacancy |
Actuarial | 05 |
Finance | 05 |
Law | 05 |
IT | 05 |
Research | 05 |
Generalist | 20 |
Total | 45 |
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