IRDAI Assistant Manager

The Insurance Regulatory and Development Authority of India (IRDAI) Assistant Manager 2022 notification is expected to be released soon on its official website – irdai.gov.in. The IRDAI invites applications for eligible Indian citizens to fill the position of Assistant Manager in its various offices. This recruitment occurs for a variety of specialisations including Actuarial, Accounting, Legal, and General. 

The selection process will consist of three stages: an online preliminary examination, a descriptive examination, and an interview. Read on to find out complete details on IRDAI Assistant Manager Exam 2022.

IRDAI Assistant Manager 2022: Exam Summary

Check the details in the table below for an overview of the IRDAI Recruitment exam 2022 for the Assistant Manager post:

Particulars	Details
Full Exam Name	Assistant Manager in The Insurance Regulatory and Development Authority of India
Short Exam Name	IRDAI Assistant Manager
Conducting Body	The Insurance Regulatory and Development Authority of India (IRDAI)
Mode of Application	Online
Mode of Exam	Online
Mode of Counselling	Online
Total Number of Posts	To Be Notified
Selection Process	Online Preliminary Examination, Descriptive Examination, and Interview
Official Website	irdai.gov.in

IRDAI releases regular updates on its official website, and all candidates should regularly visit the website to stay updated about the IRDAI Assistant Manager exam. A few updates are mentioned below:

• The notification for the IRDAI Assistant Manager 2022 exam will be out soon.

The notification for IRDAI Assistant Manager Recruitment 2022 will be released soon on the website irdai.gov.in. The IRDAI 2022 official notification contains details about the Assistant Manager recruitment process, such as the exam pattern, syllabus, application process, detailed eligibility criteria, etc.

We recommend candidates who have been waiting for the announcement since 2017 visit this page regularly. Once the notification gets released, we will update the PDF here.

The conducting body will issue an official notification soon announcing the IRDAI Assistant Manager 2022 exam date. Furthermore, the application deadline, admit card release date and other event details will be included in the table below:

Events	Important Dates
IRDAI Official Notification Release Date	To Be Announced
Start of IRDAI Online Application	To Be Announced
Closing of IRDAI Online Application	To Be Announced
IRDAI Admit Card 2022 Release Date	To Be Announced
IRDAI Phase 1 Exam Date	To Be Announced
IRDAI Phase 2 Exam Date	To Be Announced
IRDAI Result Announcement	To Be Announced

The IRDAI Assistant Manager Vacancies 2022 is expected to be announced soon in its official notification. Till then, candidates can go through the IRDAI Assistant Manager 2017 recruitment vacancies.

The table below shows the post-wise distribution of vacancies for the year 2017:

Category	Number of Vacancies
UR	16
OBC	07
SC	04
ST	03
Total	30

Before appearing for the IRDAI Assistant Manager 2022 exam, candidates should be aware completely of the job profile and salary of all the posts from the section below:

IRDAI AM Salary

The candidates who will get selected as Assistant Manager in IRDAI will receive an initial monthly salary of Rs.28,150/- along with other allowances such as Dearness Allowance, HRA, Grade Allowance, City Compensatory Allowance, etc. Additional qualification allowances are provided to candidates selected for posts with professional qualifications. The pay scale for this post is Rs.28150-1550(4)-34350-1750(7)-46600-EB-1750(4)-53600-2000(1)-55600.

IRDAI AM Job Profile

A candidate who gets selected and posted as an Assistant Manager in IRDAI can expect a varied job profile. Being in the insurance sector, there are a variety of tasks and responsibilities that form an IRDAI assistant manager job profile. Take a look at some of the common tasks that an Assistant Manager has to take up:

• Inspection of the existing insurance policies.
• Formulation of new schemes.
• Assisting the senior members such as the Manager and higher authorities and working as per the instructions.
• Taking care of customer queries or handling grievances with respect to the issued insurance policies.

To apply for the IRDAI Assistant Manager 2022, candidates have to fulfil the following eligibility criteria:

IRDAI Nationality

A person having Indian citizenship hailing from any state may apply for the position of IRDAI Assistant Manager.

IRDAI Age Limit

Candidates who are applying for Assistant Manager positions must be among the age group of 21 years to 30 years.

IRDAI Age Relaxation

Age relaxations are granted to applicants who belong to special groups such as other backward castes, SC, ST, and so on.

The following is a list of age relaxations for several types of categories:

Category	Upper Age Relaxation
SC/ST	5 years
OBC	3 years
PWD	PWD (SC/ST) – 15 years PWD (OBC) – 13 years PWD (GEN/UR) – 10 years
Ex-serviceman and Commissioned Officers	5 years
Ordinarily domiciled in the State of Jammu and Kashmir during the period from 1.1.1980 to 31.12.1989	5 years
Employees of IRDA	To the extent of a number of years of such service in IRDAI, subject to a maximum of three years.

IRDAI Educational Qualification

Below are the post-wise educational qualifications required for Assistant Manager recruitment:

Specialisation	Educational Qualification
Actuarial	The candidate has a Graduation from a recognised University with a minimum of 60% marks, and pass in nine (9) papers of the Institute of Actuaries of India (IAI) Examination.
Accounts	The candidate must have a Graduation from a recognised University with a minimum of 60% marks, and ACA/AICWA/ACMA/ACS/CFA.
Legal	The candidate must have Graduation from a recognised University with a minimum of 60% marks, and LL.B with 60% marks.
General	The candidate must Graduation from a recognised University with a minimum of 60% marks.

IRDAI Number of Attempts

The IRDAI has laid no such restrictions on the number of times the candidates can attempt the IRDAI Assistant Manager exam. The only requirement is that candidates should satisfy the age limit and other eligibility criteria.

The online application link will be activated after the release of the IRDAI Assistant Manager Official Notification 2022. Candidates planning to appear for Assistant Manager 2022 exam can register themselves from the IRDAI recruitment board’s website.

How to Apply for IRDA Recruitment 2022?

Below are the steps to apply for IRDA Assistant Manager Recruitment 2022:

• Go to the official website – irda.gov.in.
• Search for the IRDAI Assistant Manager Exam 2022 registration link on the home page.
• Fill in all the mandatory fields like name, father’s name, date of birth, gender, category etc.
• Attach the required documents and upload a recent passport-size photograph.
• Pay the required amount and click on the submit button.
• Download and take a printout of the application form for future reference.

IRDAI Application Fee

Below are the category-wise application fee details:

Category	Fee
SC/ST/PWD/Ex-servicemen	Rs. 100/-
Other than SC/ST/PWD/Ex-servicemen	Rs. 650/-

The following is a list of IRDAI Assistant Manager Exam Centre 2022:

State / Union Territory	Name of Examination Centre (City)
Andhra Pradesh	Vijayawada
Assam	Guwahati
Arunachal Pradesh	Guwahati
Mizoram	Guwahati
Manipur	Guwahati
Meghalaya	Guwahati
Nagaland	Guwahati
Tripura	Guwahati
Bihar	Patna
Chattisgarh	Raipur
Delhi	New Delhi – NCR
Gujarat	Ahmedabad – Gandhinagar
Goa	Panaji
Haryana	Ambala / Kurukshetra / Hisar / Karnal
Himachal Pradesh	Shimla / Solan
Jammu & Kashmir	Srinagar / Samba / Jammu
Jharkhand	Ranchi
Karnataka	Bengaluru
Kerala	Thiruvananthapuram
Madhya Pradesh	Bhopal
Maharashtra	Mumbai / Navi Mumbai / Thane
Odisha	Bhubaneshwar
Punjab	Mohali / Jalandhar / Sangrur
Rajasthan	Jaipur / Sikar / Alwar / Kota
Sikkim	Gangtok – Bardang
Tamilnadu	Chennai
Telangana	Hyderabad
Uttar Pradesh	Lucknow
Uttarakhand	Dehradun
West Bengal	Kolkata
Andaman & Nicobar Islands	Port Blair
Chandigarh	Chandigarh – Mohali
Dadra, Nagar Haveli, Daman & Diu	Vapi / Valsad
Lakshadweep Islands	Kavaratti
Puducherry	Puducherry

Candidates must go through the IRDAI Assistant Manager Recruitment Process 2022 before moving to the detailed exam pattern.

IRDAI Assistant Manager Selection Process

The candidates will undergo 3 stages of the IRDAI selection process. These are:

• Online Preliminary Examination
• Descriptive Examination
• Interview

IRDAI Assistant Manager Exam Pattern 2022

Check out the exam pattern of Prelims & Descriptive paper from the below table:

IRDA Preliminary Exam Pattern 2022

The Prelims examination is the first stage of the recruitment process. Marks obtained in Phase-1 will not be counted for the interview or final selection. The exam will be bilingual (i.e., Hindi/English), except for the English Language section. 

The total time duration for this exam is 90 minutes. Moreover, 1/4th mark will be deducted for each wrong answer. Below is the exam pattern of the Prelims examination:

Name of Tests (Objective)	No of Questions	Maximum Marks
Test of Reasoning	40	40
Test of English Language	40	40
Test of General Awareness	40	40
Test of Quantitative Aptitude	40	40
Total	160	160

IRDA Descriptive Exam Pattern 2022

Paper-2 examination is also known as descriptive examination. Below is the detailed pattern of the descriptive examination:

Paper	Name of Paper	Marks	Time (Minutes)
Paper-1	English	100	60
Paper-2	Economic and Social Issues impacting Insurance	100	60
Paper-3	Insurance and Management	100	60

The complete and detailed IRDA Syllabus for Preliminary and Mains Exam is as follows:

Insurance Regulatory & Development Authority Syllabus 2022: Reasoning

The topics included in this section are as follows:

Topics	Topics
Analogies	Similarities.
Problem-solving	Space visualization
Analysis and Judgment	Differences
Visual memory	Decision-making
Discrimination	Observation.
Relationship	Verbal and figure classification
Arithmetical number series	Arithmetical reasoning

Insurance Regulatory & Development Authority Syllabus 2022: English

The topics included in this section are as follows:

Topics	Topics
English grammar	Vocabulary
Antonyms	Synonyms
Spellings	Comprehension, etc.

Insurance Regulatory & Development Authority Syllabus 2022: General Awareness

The topics included in this section are as follows:

Topics	Topics
History of India	Important Days
Indian Economics	Books and Authors
Geography	Countries and Currencies
Indian Constitution	Countries and Capitals
Science and Technology	Awards, Honors and Recognition
Indian Politics	Inventions and Discoveries
Financial Institutions – National and International	Banking History
Currents Affairs of Last 3 months from the date of notification National movements International events Sports Events in the Bihar Wildlife Sanctuaries Forests and Parks Rivers and Mountains	Finance, Budget

Insurance Regulatory & Development Authority Syllabus 2022: Quantitative Aptitude

The topics included in this section are as follows:

Topics	Topics
Number System	Simplification.
Simple Interest & Compound Interest	Data Interpretation
Mensuration – Cylinder, Cone, Sphere	Average
Profit & Loss	Time & Distance
Sequence & Series	Ratio & Proportion, Percentage
Mixtures & Allegations	Percentage
Permutation, Combination and Probability	Problems of Ages
Number Series	Quadratic Equation
Linear Equation	Time and Work

Paper 2 – Economic and Social Issues Impacting Insurance Syllabus

The topics included in this section are as follows:

1. Economic Growth, business cycles and Insurance penetration, the impact of age structure on the economy, application of utility theory to Insurance premium setting, macroeconomic factors including catastrophes and pandemics that may impact insurers and insurance markets; 
2. Financial markets, Financial Institutions and financial services integration and risks arising from interconnectedness; systemic risk and concentration risk;
3. Economic capital and risk-based capital requirements, the economic impact of risk transfer arrangements including reinsurance, the contribution of the Insurance sector to the sustainable and responsible development of the economy, and Insurance Investments in the Infrastructure sector
4. Economic reforms in India leading to Insurance sector reforms, Insurance regulation -financial and market conduct regulations, functions of IRDAI, the role of an Actuary, de-tariffing in India, motor business and Indian experience, changing Insurance Regulations/Laws and FSLRC.
5. Social structure in India, Insurance in rural and social sectors and obligations of Insurance thereof, Indian Micro-Insurance experience, Social security laws and implementation thereof. RSBY -Health insurance scheme for Below Poverty Line (BPL) families.

Paper 3 – Insurance and Management Syllabus

The topics included in this section are as follows:

Part 1 -Insurance

1. History of Indian Insurance, principles of Insurance;
2. Risk and uncertainty, pooling and diversification of risk, Indemnity and Insurable interest; 
3. Legal foundations of Insurance, basics in Group/Health Insurance/Pensions; Intermediation: role in mobilising savings, the evolution of various types and Bancassurance in India; 
4. Functions performed by Insurers: Product design, pricing, distribution, underwriting, claims, Investment and Reinsurance; 
5. Insurance lines and products: Property-Liability, Life Insurance and Annuities and Health Insurance; Liability risks and Insurance, valuation and Solvency requirements, Specialist Insurance lines in India -Agricultural and Export Credit Guarantee; Reinsurance, GIC of India, obligator sessions and retention of risk within the Country.

Part 2 -Management

1. Its nature and scope; 
2. Management Processes -Planning, Organisation, Staffing, Directing and Controlling; the role of a Manager in an Organisation;
3. Leadership: The tasks of a leader; leadership styles; leadership theories; A successful Leader versus an effective leader; 
4. Human Resource Development-Concept of HRD; Goals of HRD; Career Planning –Training and Development;
5. Performance Appraisal -Potential appraisal and development -feedback and performance counselling -rewards -employee welfare;
6. Motivation, Morale and Incentives: Theories of Motivation; How Managers Motivate; Concept of Morale; Factors determining morale; Role of Incentives in Building up Morale; 
7. Communication: Steps in the Communication Process; Communication Channels; Oral versus Written Communication; Verbal versus non-verbal Communication; upward, downward and lateral communication; Barriers to Communication; 
8. Role of Information Technology; 
9. Corporate Governance: Factors affecting Corporate Governance; Mechanisms of Corporate Governance.

Here are some of the valuable tips that the experts suggest during IRDAI Assistant Manager exam preparation:

1. It is essential to have a thorough understanding of the IRDAI Assistant Manager Exam Pattern and Syllabus before beginning full-fledged preparation. 
2. Create a timetable as it will help to strategise the preparation and study effectively. 
3. Read Newspapers daily so that the candidates are updated with the trending and latest events worldwide. 
4. Practice IRDAI Assistant Manager Previous Year Papers. It will allow candidates to explore the kind of questions asked in each paper.
5. Attempt IRDAI Assistant Manager Mock Tests on Embibe. As the exam will be administered online, it will give a better understanding of the online exam format. This practice will also test the preparation levels and give proper feedback after every test. 
6. Revise every day so that important topics are not forgotten.

Insurance Regulatory and Development Authority of India will soon be releasing the IRDAI Assistant Manager Admit Card 2022 after the official notification for the same is released. It will be updated on the official website of IRDAI. 

Steps to Download IRDAI Assistant Manager Admit Card 2022

Follow the given steps to make sure the process goes smoothly.

• Go to the official website of IRDAI.
• Go to the employment section on the top right corner of the website, once it opens up.
• Find the admit card notification under the subsection called Employment notice. All employment-related links will be available there.
• After finding the IRDAI Admit Card download link, click on it. The website will ask for the login credentials.
• Fill in the valid login credentials.
• Click on the Submit button.
• Download the hall ticket PDF available on the screen and take a print of it for future reference.

The IRDAI will provide Assistant Manager Answer Key 2022 after the completion of the Prelims exam on its official website. Candidates who attend the written exam can download the IRDAI Assistant Manager 2022 answer sheet and use it to cross-check their answers.

The final result of the IRDAI Assistant Manager exam will be released in the form of a final merit list. It will be based on the aggregate marks secured by the candidates in Phase 2 Descriptive Examination and the Phase 3 Interview. The weightage of the Descriptive Examination and Interview will be 85:15. 

Steps to Download the IRDAI Assistant Manager Result 2022

Follow the below steps to download the Assistant Manager result:

• Visit the official IRDAI website, i.e., www.irdai.gov.in.
• On the homepage, look for the ‘IRDAI Assistant Manager Result 2022’ link.
• The candidate will be diverted to the login page.
• Enter the credentials required and click the submit button.
• The result will be displayed on the screen. Make a printout of the result sheet for additional reference.

The IRDAI will determine the cut-off for the Phase 1 Online Preliminary Examination, which will be qualifying in nature. Each subject in the Phase 1 exam will have a different cut-off. Based on both the individual and aggregate cut-offs, the candidates will be qualified for Phase 2. These marks won’t be included in the final merit list.

For the Phase 2 Descriptive examination, the minimum cut-off marks will be decided separately for each specialisation and General vacancy by IRDAI to qualify for the Phase 3 Interview. 

The final cut-off will be based on the aggregate marks of the Phase 2 Descriptive examination and Phase 3 Interview.

Let us look at some of the frequently asked questions related to the Assistant Manager 2022 exam below:

Q: What is the minimum age to apply for the IRDAI 2022 exam?

A: A candidate enrolling for the IRDAI test must be between the ages of 21 and 30.

Q: Does the IRDAI 2022 exam have a negative marking policy?

A: Yes, 0.25 marks will be deducted for each incorrect response.

Q: Is there a set syllabus for the tests administered by the IRDAI?

A: No, the authorities have not proclaimed any defined syllabus. However, the subjects addressed in this article and past years’ papers provide a good overview of the syllabus.

Q: What if I don’t answer a question on the IRDAI exam?

A: If a candidate does not answer a question, i.e. leaves the answer sheet blank, no marks will be awarded or deducted for that question.

Q: How long does the IRDAI Assistant Manager Paper-2 examination last?

A: Each paper of the descriptive test lasts 60 minutes or 1 hour.

Q: How many questions are in the IRDAI Assistant Manager Mains Exam?

A: The IRDAI Assistant Manager Mains examination consists of 200 questions.

Q: How many sections are there in the IRDAI Paper-1 exam?

A: There are a total of four sections in the IRDAI Paper-1 examination; English, Quantitative Aptitude, Reasoning and General Awareness.

Q: What is the cutoff for the IRDAI Exam?

A: The IRDAI Exam cutoff is the minimum number of marks necessary to advance to the next stage of the selection process.