IRDAI Assistant Manager Recruitment 2024: Complete Guide
The Insurance Regulatory and Development Authority of India (IRDAI) has released its much-anticipated Assistant Manager Recruitment 2024 notification. This presents an exciting opportunity for individuals aiming to make a career in the insurance sector. In this article, we’ll walk you through every aspect of the IRDAI Assistant Manager Recruitment 2024 – from eligibility criteria and application process to the exam details. Whether you’re a first-time applicant or someone looking to improve your chances, this guide has you covered.
1. Overview of IRDAI Assistant Manager Recruitment 2024
The IRDAI Assistant Manager Recruitment 2024 offers 49 vacancies across various streams. These include General, Law, Actuarial, Finance, Information Technology (IT), and Research.
Why apply?
This recruitment offers:
- A stable and respectable government job.
- A chance to work in a regulatory authority.
- Competitive salaries and benefits.
The key details of the notification are outlined below.
| Position | Total Vacancies | Job Location |
|---|---|---|
| Assistant Manager | 49 | Across India |
2. Important Dates to Remember
Mark your calendars! Here are the key dates you must not miss:
- Application Start Date: 21st August 2024
- Last Date to Apply Online: 20th September 2024
- Fee Payment Deadline: 20th September 2024
- Exam Date: As per schedule (to be announced)
- Admit Card Availability: Before the exam
Staying on top of these dates will ensure that you don’t miss the chance to apply or sit for the exam.
3. Eligibility Criteria
IRDAI has clearly defined the eligibility criteria for each stream. Make sure you meet the qualifications before applying.
General
- Bachelor’s degree in any stream with a minimum of 60% marks.
Law
- Bachelor’s degree in Law (LLB) with at least 60% marks.
Actuarial
- Bachelor’s degree in any stream with at least 60% marks.
- Additionally, candidates must have passed at least 7 papers of IAI (Institute of Actuaries of India).
Finance
- Bachelor’s degree in any stream with at least 60% marks.
- ACA/AICWA/ACMA/ACS/CFA degree is required.
Information Technology (IT)
- Bachelor’s degree in any stream with a postgraduate degree in Computer Science/IT with at least 60% marks OR
- MCA or B.Tech in Electrical, Electronics, Communication, IT, or Software Engineering with at least 60% marks.
Research
- Master’s degree or a 2-year diploma in Economics or Statistics with at least 60% marks.
4. Application Process
Applying for the IRDAI Assistant Manager Recruitment 2024 is a straightforward process. Here’s how to do it:
Step-by-Step Process:
- Visit the official IRDAI website: IRDAI Official Website.
- Click on the recruitment section and find the Assistant Manager 2024 notification.
- Register yourself with a valid email ID and phone number.
- Fill out the online application form with your personal details, education qualifications, and other relevant information.
- Upload your scanned documents (ID proof, photograph, signature, etc.).
- Pay the application fee online through Debit/Credit Card or Net Banking.
- Double-check the form and submit.
Application Fee:
- General/OBC/EWS: ₹750
- SC/ST/PH: ₹100
Important Tips for Filling the Form:
- Double-check all the details before submitting.
- Ensure your scanned documents are clear.
- Keep a printed copy of the application form and fee receipt for future reference.
5. Exam Pattern and Syllabus
The IRDAI Assistant Manager exam consists of two phases: Prelims and Mains, followed by an interview.
Preliminary Exam (Objective Type)
- Total marks: 160
- Subjects: English Language, Reasoning, Quantitative Aptitude, General Awareness (with a focus on insurance).
| Subject | Marks | Duration |
|---|---|---|
| English Language | 30 | 60 minutes |
| Reasoning | 35 | |
| Quantitative Aptitude | 35 | |
| General Awareness | 60 |
Mains Exam (Objective + Descriptive)
The Mains exam includes both objective-type questions and a descriptive English language test.
Interview Candidates who qualify in the mains exam will be called for an interview. This will be the final step in the selection process.
Key Points to Note:
- The exam syllabus emphasizes insurance-related knowledge, so make sure to brush up on industry trends and IRDAI regulations.
- Time management is crucial during the exam. Practice mock tests to enhance speed.
6. Key Takeaways
- High competition: Since the number of vacancies is limited, expect tough competition. Proper preparation is crucial.
- Stay updated: Follow IRDAI’s official website
- Financial and social stability: A job with IRDAI ensures stability with excellent benefits.
- Prepare smartly: Focus on each subject, especially General Awareness and Reasoning, as they carry the most marks.
7. Frequently Asked Questions (FAQs)
Q1: What is the last date to apply for IRDAI Assistant Manager Recruitment 2024?
The last date to apply is 20th September 2024.
Q2: How many vacancies are available in the IRDAI Assistant Manager Recruitment 2024?
A total of 49 vacancies are available across various streams.
Q3: What is the age limit for applying?
The age limit is between 21 to 30 years, with relaxation as per the recruitment rules.
Q4: Is there an interview stage in the selection process?
Yes, after clearing the mains exam, candidates will be called for an interview.
Q5: How can I stay updated about the exam schedule and notifications?
You can stay updated by regularly checking the official IRDAI website or following More News & Updates.
Q6: How should I prepare for the General Awareness section?
Focus on current affairs, especially in the insurance sector. Reading news articles and watching financial news will be helpful.
Q7: Can I apply if I have less than 60% marks in my degree?
No, you must have at least 60% marks in your relevant degree to be eligible.
Q8: When will the admit card be available?
The admit card will be released a few weeks before the exam date. Keep checking the official website for updates.
Q9: Can I edit my application form after submission?
Unfortunately, once you submit the application, no changes can be made. Make sure to review everything before final submission.
Q10: Is there any negative marking in the IRDAI exam?
Yes, there is negative marking for incorrect answers in the preliminary exam.
Useful Links
| Apply Online | Click Here | |||||||||
| Download Notification | IRDAI AM Notification | |||||||||
| Official Website | IRDAI Official Website | |||||||||
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