IRDA Recruitment 2017 – Insurance Regulatory and Development Authority of India (IRDA) has published a notification for the recruitment of Assistant Manager, 30 Vacancies through open competition on all India basis for its various offices. The Online Application Process commenced from 15th August 2017 and the last date is 5th September 2017. For more recruitment details like Important Dates, Eligibility Criteria, Selection Process, Application Form and Application Fee please read the article below.
IRDA Recruitment 2017 Vacancy Details Notification
Name of the Organization: Insurance Regulatory and Development Authority of India, IRDA
Name of the Post: Assistant Manager
No of Vacancies: 30
Name of the Specialization
- Actuarial – 04 Posts
- Accounts – 04 Posts
- Legal – 02 Posts
- General – 20 Posts
Job Location – Hyderabad
Official Website – www.irda.gov.in
IRDA Recruitment Important Dates
|Online Application Form Start Date||15-08-2017|
|Online Application Form Last Date||05-09-2017|
|Application Form Fee Payment Last Date||05-09-2017|
|Last Date for Editing Application Details||05-09-2017|
|Last Date for Printing Application Form||20-09-2017|
|Online Phase – I Preliminary Examination (Objective Type) Date||04-10-2017|
|Last Date for Receipt of Application Pre-Examination Training (SC/ ST/ OBC/ PWD)||11-09-2017|
IRDA Assistant Manager Eligibility Criteria
Candidates applying for the IRDA Assistant Manager post must fulfill the Eligibility Criteria mentioned in the IRDA official recruitment notification. Candidates can also check the IRDA Assistant Manager Eligibility Criteria which we have ellaborated below.
- Actuarial Post: Candidate must possess Graduation / Degree from a recognized University with minimum 60% marks, and Pass in 09 Papers of the Institute of Actuaries of India (IAI) Examination.
- Accounts Post: Candidate must possess Graduation / Degree from a recognized University with minimum 60% marks, and ACA/ AICWA/ ACMA/ ACS/ CFA.
- Legal Post: Candidate must possess Graduation from a recognized University with minimum 60% marks, and LL.B with 60% marks
- General Post: Candidate must possess Graduation from a recognized University with minimum 60% marks.
Candidate age should be 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)
- Manager: 45 Years
- Assistant General Manager: 50 Years
- Deputy General Manager: 55 Years
- General Manager: 55 Years
|Other Backward Category (OBC)||3 Years|
|Schedule Caste (SC)||5 Years|
|Schedule Tribe (ST)||5 Years|
|PWD (OBC)||13 Years|
|PWD (General/ UR)||10 Years|
The selection process shall be as follows:
i) Phase – I Online Preliminary Examination (Objective Type). This is a qualifying examination to be eligible for Phase – II Descriptive Examination. Through this, 6 candidates for Actuarial, Accounts and Legal specializations and General vacancies will be shortlisted separately for Phase – II Descriptive Examination as per standards to be decided separately by IRDAI (approximately 20 times the number of vacancies subject to availability). Marks secured in the Phase – I Online Preliminary Examination will not count for an interview or final selection.
ii) Phase – II Descriptive Examination comprising 3 Papers (Paper I, II and III) and
iii) Phase – III Interview Candidates for Actuarial, Accounts, Legal specializations and General vacancies will be shortlisted for Phase – III Interview based on the aggregate marks obtained in Papers I, II and III of Phase – II Descriptive Examination only. The minimum cut-off marks for being shortlisted for Phase – III Interview will be decided separately for each specialization and General vacancies by IRDAI. Final selection will be based on the merit performance of the candidates under respective specialization in Phase – II Descriptive Examination and Phase – III Interview taken together.
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/-. The following qualification allowances, in addition to the above, are applicable to candidates selected for posts with professional qualifications.
Phase I: Online Preliminary Examination (Objective Type) will be for 160 marks with four Tests as under
|Name of Test (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|
Phase – II: Descriptive Examination will consist of three papers as under
|Name of Test (Objective)||Marks||Time (Minutes)|
|English (Paper- I)||100||60|
|Economics and Social Issues impacting Insurance||100||60|
|Insurance and Management||100||60|
How to Apply for IRDA Assistant Manager Post @ irda.gov.in
Candidates may apply online through the IRDA official website i.e. www.irdai.gov.in 15th August 2017 to 05th September 2017.Below we have mentioned steps on How to Apply for IRDA Assistant Manager post
Steps to Apply Online:
- Before applying to online Application Form, candidates should have scanned copies of the photograph/ signature.
- Candidates should go through the website www.irdai.gov.in.
- Go to What’s New —–> Select the desired Post.
- Read the notification carefully and click on the Online link.
- Fill the details and submit the form.
- Then take the print out copy of the online application.
|Schedule Caste (SC)||Rs. 100/- (Intimation Charges)|
|Schedule Tribe (ST)||Rs. 100/- (Intimation Charges)|
|PWD||Rs. 100/- (Intimation Charges)|
|Ex-Servicemen||Rs. 100/- (Intimation Charges)|