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INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY OF INDIA(IRDAI) ASSISTANT MANAGER Exam Details

Insurance Regulatory and Development Authority of India (IRDAI) is a statutory body formed under an Act of the Parliament.
IRDAI invites applications from eligible Indian citizens for filling up the post of Assistant Manager through open competition on all India basis for its various offices. Selection will be through a country-wide competitive Phase - I On-line Preliminary Examination followed by Phase – II Descriptive Examination at select centres and Interview.

Kindly note :
Website Link Open for on-line registration of applications : 15.8.2017
Last date for on-line application and payment of examination fee/intimation charges : 5.9.2017
Conduct of Phase - I On-line Preliminary Examination (Objective type) :
4.10.2017

Total no of Vacancies : 30

Unreserved, i.e. General (UR/GEN) : 16
Other Backward Classes (OBC) : 7
Scheduled Castes (SC)  : 4
Scheduled Tribes (ST) : 3

Eligibility criteria

Educational Qualification :-

Specialization Number of posts Qualification/s required
Actuarial 4 1. Graduation from a recognized University with minimum 60% marks, and
2. Pass in Nine (9) Papers of the Institute of Actuaries of India (IAI) Examination.
Accounts 4 1. Graduation from a recognized University with minimum 60% marks, and
2. ACA/AICWA/ACMA/ACS/CFA
Legal 2 1. Graduation from a recognized University with minimum 60% marks, and
2. LL.B with 60% marks
General 20 Graduation from a recognized University with minimum 60% marks

Candidates may opt for either of Actuarial or Accounts or Legal as per the respective
specialisation and/or General stream in the Application form.
Selection will be on the basis of option exercised and performance as per cut-off marks
in the respective specializations.

Candidates competing for the posts mentioned above should possess knowledge of computer operations.
In case of candidates belonging to SC/ST categories, relaxation in educational standards to the extent of 5% marks is allowed at Bachelor Degree.

Age Limit (as on 5.9.2017): Not below 21 years and not above 30 years as on 5.9.2017, i.e., candidates should have been born not earlier than 6.9.1987 and not later than 5.9.1996 (both  days inclusive)  

Pay scale: Selected candidates will draw a starting basic pay of Rs.28,150/- per month
in the scale of  Rs.28150-1550(4)-34350-1750(7)-46600-EB-1750(4)-53600-2000(1)-55600 (17 years) and other allowances, like Dearness Allowance, House Rent Allowance, City Compensatory Allowance,
Grade Allowance, 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.81,000/-

On selection, the candidates will be placed on probation for a period of one year subject to any extension of such probation; the total period of probation shall be a maximum of two years from the date of joining the service.

How to apply :

Candidates can apply on-line only from 15.8.2017 to 5.9.2017 and no other mode of application will be accepted.

Application Fee:

Application Fees/ Intimation Charges (Payable from 15.8.2017 to 5.9.2017 (both dates inclusive) are as follows -

100/- for SC/ST/PWD candidates 

650/- for all others

Bank Transaction charges / convenience charges for Online Payment of fees/ intimation charges will have to be borne by the candidate

How to apply :

DETAILED GUIDELINES/PROCEDURES FOR

A. APPLICATION REGISTRATION

B. PAYMENT OF FEES

Candidates can apply only online from 15.8.2017 to 5.9.2017 and no other mode of application will be accepted.

For more details visit www.irdai.gov.in

or click below link

https://www.irdai.gov.in/ADMINCMS/cms/frmGeneral_NoYearLayout.aspx?page=PageNo3219

 

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