IRDA Assistant Manager Vacancy Recruitment 2024 | IRDA JOBS 2024

IRDA Assistant Manager Vacancy Recruitment 2024 | IRDA JOBS 2024

The Insurance Regulatory and Development Authority of India (IRDAI), a statutory body based in Hyderabad, has announced a significant recruitment drive for the year 2024.

This opportunity is open to Indian citizens with a passion for public service, providing a chance to work as Assistant Managers across various specialisations within IRDAI.

Whether you’re an expert in finance, law, actuarial science, information technology, or a generalist, this recruitment offers a diverse range of roles.

Let’s dive into the details of the Assistant Manager Vacancy Recruitment and help you take the right steps toward applying for this prestigious opportunity.

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Overview of IRDA Assistant Manager Recruitment 2024

The IRDAI has invited applications for the post of Assistant Manager (AM). This is a remarkable opportunity to join one of the key bodies responsible for regulating and promoting the insurance industry in India. The recruitment will be carried out via an open competition conducted nationwide.

Key Highlights of the Recruitment

• Total Vacancies: 49 Assistant Manager positions.
• Vacancy Distribution:
  • Actuarial: 5 posts
  • Finance: 5 posts
  • Law: 5 posts
  • Information Technology (IT): 5 posts
  • Research: 5 posts
  • Generalist: 24 posts
• Age Limit: 21-30 years as of 20/09/2024.
• Pay Scale: ₹44,500 – ₹89,150.
• Application Fee: ₹750 (₹100 for SC/ST/PWD candidates).

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Eligibility Criteria for Assistant Manager (AM) Recruitment

To apply for the Assistant Manager positions in IRDAI, you need to meet certain eligibility requirements.

Educational Qualification

The required educational qualifications vary based on the stream or specialisation you are applying for:

• Actuarial: A degree in Actuarial Science, Mathematics, or related fields.
• Finance: A degree in Finance, CA/ICWA/CMA, or related qualifications.
• Law: A law degree (LLB) is essential.
• IT: A degree in Computer Science, Information Technology, or related fields.
• Research: A degree in Economics, Statistics, or related disciplines.
• Generalist: A degree in any discipline with strong analytical skills.

Age Limit

Applicants should be between 21 to 30 years old as of 20th September 2024.

Application Fee

• General/OBC candidates: ₹750
• SC/ST/PWD candidates: ₹100 (for intimation charges only)

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How to Apply for IRDA Assistant Manager Recruitment 2024

The application process for the Assistant Manager recruitment is entirely online. Here’s a step-by-step guide on how to apply:

Step 1: Visit the IRDAI Official Website

To start the application process, go to the IRDAI official recruitment page:
IRDAI Recruitment Page

Step 2: Check the Notification

Before applying, make sure you carefully read the official notification and the detailed instructions for the recruitment. This will help you understand the role, eligibility, and application process.

Step 3: Register and Fill the Application Form

Once you’re ready to apply:

• Register on the IRDAI website if you haven’t already.
• Fill in your personal details, educational qualifications, and work experience (if applicable).
• Upload necessary documents (like your photo, signature, educational certificates).
• Select the stream (Actuarial, Finance, Law, IT, Research, or Generalist) you wish to apply for.

Step 4: Pay the Application Fee

The application fee can be paid online through the available payment methods. After completing the payment, make sure to save the payment receipt for future reference.

Step 5: Submit Your Application

After filling in the application form and making the payment, submit your application online. Ensure that all details are correct before submission.

Step 6: Print the Confirmation

Once submitted, take a printout of the application for your records. This will serve as confirmation of your application.

Step 7: Prepare for the Examination

The next step after the application is to prepare for the written examination, which will assess your knowledge in your selected field of specialisation. We’ll discuss more about this examination below.

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Selection Process for IRDA Assistant Manager Recruitment 2024

The selection process for this recruitment involves a written examination followed by an interview.

Written Examination

• The written exam will be conducted to evaluate your proficiency in the relevant field.
• The exam will include multiple-choice questions (MCQs) covering topics related to the stream you’ve applied for.
• It is important to prepare well for the exam, as it will carry significant weight in the overall selection process.

Interview

• Based on the results of the written exam, shortlisted candidates will be called for an interview.
• The interview will assess your knowledge, skills, and suitability for the role.

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Important Dates for IRDA Assistant Manager Recruitment 2024

• Start Date for Application: 21st August 2024
• End Date for Application: 20th September 2024
• Date of Examination: To be announced (check official website for updates).

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Key Takeaways

The IRDA Assistant Manager Recruitment 2024 is a great opportunity for professionals looking to work in the regulatory space of India’s insurance sector. Here’s a quick recap:

• Total Vacancies: 49
• Specialisations: Actuarial, Finance, Law, IT, Research, and Generalist.
• Age Limit: 21-30 years.
• Salary: ₹44,500 – ₹89,150.
• Application Fee: ₹750 for General/OBC candidates, ₹100 for SC/ST/PWD candidates.

This recruitment provides an excellent opportunity to work with the Insurance Regulatory and Development Authority of India, one of the leading statutory bodies in the country, which is responsible for regulating and promoting the insurance industry.

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Frequently Asked Questions (FAQs)

Q1. What is the minimum qualification required to apply for IRDA Assistant Manager?
A1. The minimum qualification varies by stream. For example, a law degree (LLB) is required for the Law stream, while a degree in Finance is needed for the Finance stream.

Q2. Can I apply for multiple streams?
A2. No, you can only apply for one stream. You need to choose the stream that aligns with your educational qualifications and expertise.

Q3. What is the salary for Assistant Managers in IRDAI?
A3. The pay scale for Assistant Managers is ₹44,500 to ₹89,150 per month.

Q4. Is there any age relaxation for reserved categories?
A4. Yes, there is age relaxation for SC/ST/OBC/PWD candidates as per government rules.

Q5. How can I pay the application fee?
A5. The application fee can be paid online through available payment methods on the IRDAI recruitment portal.

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Job Table: IRDA Assistant Manager Recruitment 2024

Stream	Vacancies	Age Limit	Educational Qualification
Actuarial	5	21-30	Actuarial Science, Mathematics
Finance	5	21-30	CA/ICWA/CMA, Finance-related degree
Law	5	21-30	LLB (Law degree)
Information Technology	5	21-30	IT/Computer Science-related degree
Research	5	21-30	Economics, Statistics, etc.
Generalist	24	21-30	Any discipline

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