The Insurance Regulatory and Development Authority of India (IRDAI) has opened an exciting opportunity for candidates aspiring to build a career in the regulatory sector. IRDAI has announced 49 vacancies for the role of Assistant Manager across various departments, including Actuarial, Finance, Law, IT, and Generalist. This recruitment is a golden opportunity for those who meet the eligibility criteria to join a prestigious organization that plays a crucial role in India’s insurance industry.
The application process began on August 21, 2024, and will remain open until September 20, 2024. Interested candidates are encouraged to apply as soon as possible to avoid any last-minute rush. The selection process involves multiple stages, ensuring that only the most qualified and capable individuals are chosen. Successful candidates will not only receive a competitive basic pay of Rs 44,500 per month but also enjoy a range of additional allowances, making this position both financially rewarding and professionally fulfilling.
IRDAI Recruitment 2024
The IRDAI Recruitment 2024 is an excellent opportunity for those looking to make a mark in the insurance sector. With 49 vacancies for the Assistant Manager role, this recruitment drive is aimed at selecting candidates who meet specific eligibility criteria. The positions are available in various departments, including Actuarial, Finance, Law, IT, and Generalist. Each department has its own set of qualifications and requirements, making it essential for applicants to carefully review the eligibility criteria before applying.
Eligibility Criteria for IRDAI Recruitment 2024
Candidates applying for the IRDAI Assistant Manager position must meet specific educational qualifications and other criteria based on the department they wish to join. Below is a detailed breakdown of the eligibility requirements:
- Actuarial Department: Candidates must have completed Graduation with at least 60% marks and passed the IAI exam as per the 2019 syllabus.
- Finance Department: A Graduation degree with a minimum of 60% marks is required, along with qualifications such as ACA, AICWA, ACMA, ACS, or CFA.
- Law Department: Applicants must hold a Bachelor’s degree in Law.
- IT Department: A Bachelor’s degree in a relevant field with a minimum of 60% marks is necessary.
- Generalist Department: Candidates should have completed Graduation with a minimum of 60% marks.
Salary Structure for IRDAI Assistant Manager
The basic pay for the IRDAI Assistant Manager position starts at Rs 44,500 per month. Over time, this pay scale can increase significantly based on the following progression:
| Pay Scale Stage | Basic Pay (INR) |
|---|---|
| Initial Stage | Rs 44,500 |
| After 4 Years | Rs 54,500 |
| After 7 Years | Rs 74,450 |
| After 4 More Years | Rs 85,850 |
| Final Stage | Rs 89,150 |
This progression ensures that employees are rewarded for their experience and service, making it a lucrative career option.
Additional Allowances and Benefits
In addition to the basic pay, selected candidates will also receive various allowances, which include:
- Dearness Allowance (DA)
- House Rent Allowance (HRA)
- City Compensatory Allowance (CCA)
- Qualification Allowance
- Grade Allowance
These allowances are designed to provide financial security and enhance the overall compensation package, making the IRDAI Assistant Manager position highly attractive.
Important Dates for IRDAI Recruitment 2024
- Application Start Date: August 21, 2024
- Application End Date: September 20, 2024
Candidates must ensure that they submit their applications before the deadline. Late submissions will not be accepted, so it’s crucial to complete the process in a timely manner.
Selection Process for IRDAI Recruitment 2024
The selection process for the IRDAI Assistant Manager role is thorough and involves three key phases:
- Phase 1: Online Preliminary Examination (Objective Test)
- Phase 2: Descriptive Examination
- Phase 3: Personal Interview
Candidates must perform well in each phase to move forward in the recruitment process. The final selection will be based on the candidate’s overall performance across these stages.
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How to Apply for IRDAI Recruitment 2024
If you meet the eligibility criteria and are interested in applying, follow these steps:
- Visit the official IRDAI website at irdai.gov.in.
- Look for the registration link on the homepage for new users.
- Complete the registration form by providing the necessary details.
- Once registered, fill out the application form, ensuring all fields are accurately completed.
- Upload the required documents.
- Review the application form carefully before submitting it.
