IRDAI Assistant Manager Books 2023: Access Best Preparation Books, Test SeriesApril 24, 2023
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The Insurance Regulatory and Development Authority of India (IRDAI) released the official notification for 45 IRDAI Assistant Manager 2023 posts on April 11, 2023. The officials conduct the IRDAI Assistant Manager recruitment to hire qualified applicants for various specialisations including Actuarial, Accounting, Legal, and General. Candidates can apply online for the post at irdai.gov.in. The registration link will be available till May 10, 2023.
The IRDAI Assistant Manager selection process consists of three phases. Phase 1 is an online preliminary examination. Candidates who clear Phase 1 qualify for Phase 2, i.e., a descriptive examination, followed by an interview. IRDAI will make the final selection based on the combined marks of the descriptive exam and interview. Read on to find out more details.
Check the table provided below to get an overview of the IRDAI Assistant Manager Recruitment 2023:
|Exam Name||IRDAI Assistant Manager|
|Conducting Body||Insurance Regulatory and Development Authority of India (IRDAI)|
|Level of Exam||National-level|
|Mode of Application||Online|
|Mode of Exam||Online|
|Selection Process||Online Exam, Descriptive Exam, and Interview|
Candidates check this section regularly to stay updated related to the IRDAI Assistant Manager 2023 recruitment.
The authorities released the notification for IRDAI Assistant Manager Recruitment 2023 on the official website irdai.gov.in. The notification contains various details like the selection process, exam pattern, syllabus, application process, eligibility criteria, etc. Candidates can check the recruitment notification from the link provided below:
Download IRDAI Assistant Manager Official Notification PDF 2023
The exam conducting body will issue an official notification soon announcing the IRDAI Assistant Manager 2023 exam date. Furthermore, the application deadline, admit card release date and other event details have been updated in the table below:
|IRDAI Assistant Manager 2023 Notification Release Date||April 11, 2023|
|Starting Date of Online Application||April 11, 2023|
|Closing Date of Online Application||May 10, 2023|
|Phase 1 Admit Card Release Date||To Be Announced|
|IRDAI Assistant Manager Phase 1 Exam Date||To Be Announced|
|Announcement of Phase 1 Result||To Be Announced|
|Release of Phase 2 Admit Card||To Be Announced|
|IRDAI Assistant Manager Phase 2 Exam Date||To Be Announced|
|Phase 2 Result Announcement Date||To Be Announced|
|Date of Interview||To Be Announced|
The authority released the IRDAI Assistant Manager vacancies along with the official notification. As per the official notification, a total of 45 posts have been declared to fill this year. Candidates can go through the category-wise vacancies from the table below:
Before appearing for the IRDAI Assistant Manager 2023 exam, candidates should be aware completely of the job profile and salary of all the posts from the section below:
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. Furthermore, 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.
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 must perform:
The eligibility criteria include several factors like age limit, educational qualification, nationality and so on. To apply for the IRDAI Assistant Manager 2023, candidates have to fulfil the following eligibility criteria:
A person having Indian citizenship hailing from any state of the country can apply for the position of IRDAI Assistant Manager.
IRDAI Age Limit
Candidates who are applying for Assistant Manager positions must meet the following age criteria:
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|
|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:
|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 an LLB with 60% marks.|
|General||The candidate must have 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 authority released the application form online on April 11, 2023, at its official website. Candidates planning to appear for IRDAI Assistant Manager 2023 recruitment should register themselves at the earliest. Furthermore, they must ensure their eligibility and then proceed to fill out the application form. The last date for registration is May 10, 2023.
Below are the steps to apply for IRDAI Assistant Manager Recruitment 2023:
Below are the category-wise application fee details:
|All Other Candidates||Rs. 750/-|
The following is a list of IRDAI Assistant Manager Exam Centre 2023:
|State / Union Territory||Exam Centre (City)|
|Delhi||New Delhi – NCR|
|Gujarat||Ahmedabad – Gandhinagar|
|Haryana||Ambala / Kurukshetra / Hisar / Karnal|
|Himachal Pradesh||Shimla / Solan|
|Jammu & Kashmir||Srinagar / Samba / Jammu|
|Maharashtra||Mumbai / Navi Mumbai / Thane|
|Punjab||Mohali / Jalandhar / Sangrur|
|Rajasthan||Jaipur / Sikar / Alwar / Kota|
|Sikkim||Gangtok – Bardang|
|Andaman & Nicobar Islands||Port Blair|
|Chandigarh||Chandigarh – Mohali|
|Dadra, Nagar Haveli, Daman & Diu||Vapi / Valsad|
Candidates must go through the IRDAI Assistant Manager Recruitment Process 2023 before moving to the detailed exam pattern.
Candidates undergo three phases of the IRDAI Assistant Manager selection process. These phases are:
Candidates can check out the IRDAI Assistant Manager exam pattern for prelims & descriptive paper here.
Phase 1 of the IRDAI Assistant Manager recruitment process is a preliminary examination. This exam is qualifying in nature. The exam pattern of the prelims examination is given below:
|Name of Tests||Number 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|
Phase 2 of the IRDAI Assistant Manager recruitment is a descriptive examination. Below is the detailed pattern of the descriptive examination:
|Paper||Name of Paper||Marks||Time (minutes)|
|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:
The topics included in this section are as follows:
|Analysis and Judgment||Differences|
|Relationship||Verbal and figure classification|
|Arithmetical number series||Arithmetical reasoning|
Find the topics that are asked in the English section below:
The topics included in General Awareness are as follows:
|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 the Last 3 months from the date of notification
Events in the Bihar
Forests and Parks
Rivers and Mountains
Find topics included in the Quantitative Aptitude section below:
|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|
The topics included in this section are as follows:
The topics included in this section are as follows:
Part 1 -Insurance
Part 2 -Management
Here are some of the valuable tips that the experts suggest during IRDAI Assistant Manager exam preparation:
The Insurance Regulatory and Development Authority of India releases the IRDAI Assistant Manager admit card. The authority uploads the admit card on the official website. Aspirants can follow the steps below to smoothly download the call letter:
The authority publishes the Assistant Manager answer key after the completion of the exam on its official website. Candidates who attend the written exam can download the IRDAI Assistant Manager 2023 answer sheet and use it to cross-check their answers.
The Insurance Regulatory and Development Authority of India announces the result for each selection stage. Furthermore, the IRDAI Assistant Manager result is released in the form of a merit list. Candidates can check the result online on the official website. Follow the below-mentioned steps to check the IRDAI AM result:
IRDAI determines the cut-off for the phase 1 online preliminary examination. Each subject in the phase 1 exam will have a different cut-off. Based on both the individual and aggregate cut-offs, candidates are qualified for phase 2. However, these marks won’t be included in the final merit list.
For the phase 2 descriptive examination, the minimum cut-off marks are decided separately for each specialisation by IRDAI. Candidates securing equal to or more than the cut-off marks will qualify for the phase 3 Interview. Furthermore, the final cut-off is based on the aggregate marks of the descriptive examination and interview.
Let us look at some of the frequently asked questions related to the Assistant Manager 2023 exam below:
Q: What is the minimum age to apply for IRDAI Assistant Manager 2023?
A: A candidate enrolling for the IRDAI Assistant Manager test must be between the age of 21 and 30.
Q: Does the IRDAI 2023 exam have a negative marking policy?
A: Yes, 0.25 marks will be deducted for each incorrect response in the Phase 1 Prelims exam.
Q: Are marks of the IRDAI Assistant Manager Phase 1 exam considered for the final selection?
A: No. The authorities do not consider IRDAI Assistant Manager Phase 1 Prelims exam marks for final selection.
Q: What if I don’t answer a question on the IRDAI exam?
A: If a candidate does not answer a question in the IRDAI Exam, 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 IRDAI Assistant Manager Phase 2 descriptive test lasts for 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 cut-off for the IRDAI Exam?
A: The IRDAI Exam cut-off is the minimum number of marks necessary to advance to the next stage of the selection process.
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