Notopedia is a nonprofit organization with a mission to provide free learning support to all. Click here to donate or volunteer
Notopedia has a mission to provide free learning support. Click here to donate or volunteer.
INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY OF INDIA (IRDAI) ASSISTANT MANAGER
The syllabus for IRDA AM Examination is given below:
Name of Test | Topic | Weightage |
Paper I - English | Essay | 100 Q |
Precis writing | ||
Comprehension and Business/Office Correspondence | ||
Paper II - Economic and Social Issues impacting Insurance | Economic Growth, business cycles, 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 | 100 Q |
Financial markets, Financial Institutions, and financial services integration and risks arising from interconnectedness; systemic risk and concentration risk | ||
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, Insurance Investments in the Infrastructure sector | ||
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 | ||
Social structure in India, Insurance in rural and social sectors and obligations of Insurers thereto, Indian Micro-Insurance experience, Social security laws and implementation thereof. RSBY - Health insurance scheme for Below Poverty Line (BPL) families | ||
Paper III - Insurance and Management | Part 1 - Insurance | 100 Q |
History of Indian Insurance, principles of Insurance | ||
Risk and uncertainty, pooling and diversification of risk, Indemnity, and Insurable interest | ||
Legal foundations of Insurance, basics in Group/Health Insurance/Pensions; Intermediation: role in mobilizing savings, the evolution of various types and Bancassurance in India | ||
Functions performed by Insurers: Product design, pricing, distribution, underwriting, claims, Investment, and Reinsurance | ||
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 | ||
Its nature and scope | ||
Management Processes | ||
Leadership | ||
Human Resource Development | ||
Performance Appraisal | ||
Motivation, Morale, and Incentives | ||
Communication | ||
Role of Information Technology | ||
Corporate Governance |
IMPORTANT LINKS:
1. For Official Website - click here
2. For Important Notice - click here
3. For Official Syllabus - click here
INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY OF INDIA (IRDAI) ASSISTANT MANAGER
The syllabus for IRDA AM Examination is given below:
Name of Test | Topic | Weightage |
Paper I - English | Essay | 100 Q |
Precis writing | ||
Comprehension and Business/Office Correspondence | ||
Paper II - Economic and Social Issues impacting Insurance | Economic Growth, business cycles, 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 | 100 Q |
Financial markets, Financial Institutions, and financial services integration and risks arising from interconnectedness; systemic risk and concentration risk | ||
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, Insurance Investments in the Infrastructure sector | ||
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 | ||
Social structure in India, Insurance in rural and social sectors and obligations of Insurers thereto, Indian Micro-Insurance experience, Social security laws and implementation thereof. RSBY - Health insurance scheme for Below Poverty Line (BPL) families | ||
Paper III - Insurance and Management | Part 1 - Insurance | 100 Q |
History of Indian Insurance, principles of Insurance | ||
Risk and uncertainty, pooling and diversification of risk, Indemnity, and Insurable interest | ||
Legal foundations of Insurance, basics in Group/Health Insurance/Pensions; Intermediation: role in mobilizing savings, the evolution of various types and Bancassurance in India | ||
Functions performed by Insurers: Product design, pricing, distribution, underwriting, claims, Investment, and Reinsurance | ||
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 | ||
Its nature and scope | ||
Management Processes | ||
Leadership | ||
Human Resource Development | ||
Performance Appraisal | ||
Motivation, Morale, and Incentives | ||
Communication | ||
Role of Information Technology | ||
Corporate Governance |
IMPORTANT LINKS:
1. For Official Website - click here
2. For Important Notice - click here
3. For Official Syllabus - click here
INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY OF INDIA (IRDAI) ASSISTANT MANAGER
The Insurance Regulatory and Development Authority of India (IRDAI) is a statutory body established by the Insurance Regulatory and Development Authority Act, 1999. It was established to develop the Insurance sector and provide financial support to the Indian household. IRDA is the supervisory body that regulates all the insurance companies in India, including both Life Insurances & General Insurances companies.
PHASES OF IRDA ASSISTANT MANAGER EXAM 2022
Phase | Name of the Exam | Type of Exam |
Phase-I | Online Preliminary Examination | Objective Type |
Phase-II | Descriptive Examination | Descriptive (Written exam) Type |
Phase-III | Interview | —— |
IRDA AM: EXAM PATTERN
Paper-II ( Descriptive ) Examination
The paper-2 examination will be the second stage of the recruitment process. The paper-2 examination is also known as descriptive examination. It consists of three papers for the examination such as English, economics, and social issues affecting insurance, insurance and management. The duration of each paper is 60 minutes or 1 hour. The marks awarded for each paper is 100 marks.
Total Number of Papers: 3
Individual Marks for each Paper: 100 Marks each.
Individual Duration for Each Paper: 60 Minutes
Exam Mode: Question papers will be displayed on the computer and answers will be written using pen and paper.
Test Mode | Name of Test | No. of Questions | Maximum Marks | Separate Time/ Total Time |
Descriptive Type | English | 100 Q | 100 Marks | 60 Minutes |
Economic and Social Issues impacting insurance | 100 Q | 100 Marks | 60 Minutes | |
Insurance and Management | 100 Q | 100 Marks | 60 Minutes | |
Total | 300 Q | 300 Marks | 180 Minutes |
INTERVIEW PROCESS
This is the last stage of the recruitment process. Candidates with high scores will advance to this phase, and the specialisation and general positions will have a different intake than in the previous examination.
The final selection of candidates for the vacancies will be based on the candidate's performance in Phase II of the descriptive examination and the interview scores taken together in the order of merit, with a weightage of 85:15 for the descriptive examination and interview.
IMPORTANT LINKS:
1. For Official Website - click here
2. For Important Notice - click here
INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY OF INDIA (IRDAI) ASSISTANT MANAGER
The Insurance Regulatory and Development Authority of India (IRDAI) is a statutory body established by the Insurance Regulatory and Development Authority Act, 1999. It was established to develop the Insurance sector and provide financial support to the Indian household. IRDA is the supervisory body that regulates all the insurance companies in India, including both Life Insurances & General Insurances companies.
PHASES OF IRDA ASSISTANT MANAGER EXAM 2022
Phase | Name of the Exam | Type of Exam |
Phase-I | Online Preliminary Examination | Objective Type |
Phase-II | Descriptive Examination | Descriptive (Written exam) Type |
Phase-III | Interview | —— |
IRDA AM: EXAM PATTERN
Paper-II ( Descriptive ) Examination
The paper-2 examination will be the second stage of the recruitment process. The paper-2 examination is also known as descriptive examination. It consists of three papers for the examination such as English, economics, and social issues affecting insurance, insurance and management. The duration of each paper is 60 minutes or 1 hour. The marks awarded for each paper is 100 marks.
Total Number of Papers: 3
Individual Marks for each Paper: 100 Marks each.
Individual Duration for Each Paper: 60 Minutes
Exam Mode: Question papers will be displayed on the computer and answers will be written using pen and paper.
Test Mode | Name of Test | No. of Questions | Maximum Marks | Separate Time/ Total Time |
Descriptive Type | English | 100 Q | 100 Marks | 60 Minutes |
Economic and Social Issues impacting insurance | 100 Q | 100 Marks | 60 Minutes | |
Insurance and Management | 100 Q | 100 Marks | 60 Minutes | |
Total | 300 Q | 300 Marks | 180 Minutes |
INTERVIEW PROCESS
This is the last stage of the recruitment process. Candidates with high scores will advance to this phase, and the specialisation and general positions will have a different intake than in the previous examination.
The final selection of candidates for the vacancies will be based on the candidate's performance in Phase II of the descriptive examination and the interview scores taken together in the order of merit, with a weightage of 85:15 for the descriptive examination and interview.
IMPORTANT LINKS:
1. For Official Website - click here
2. For Important Notice - click here
INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY OF INDIA (IRDAI) ASSISTANT MANAGER
A Qualified IRDA Assistant Manager Preliminary Entrance Exam Candidate is Only Eligible for this Exam .
Candidates willing to apply for IRDA AM Examination are required to fulfil certain conditions to be eligible for it. The candidate who does not satisfy the Eligibility criteria like Age, Minimum educational qualification, etc., their candidature shall be rejected by the authorities. The candidate’s eligibility for IRDA AM Exam is based on the fulfilment of the following conditions:-
1. Nationality
2. IRDA AM: Age Limit & Relaxations
3. IRDA AM: Educational Qualifications
IRDA AM EXAM: NATIONALITY
The candidate must be a citizen of India.
Age-Limit
Minimum Age - 21 years & Maximum Age - 33 years
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 | Age Relaxation |
Scheduled Caste / Scheduled Tribe (SC/ST) | 5 years |
Other Backward Classes (OBC) | 3 years |
Persons with Disabilities (PWD) | PWD (SC/ST) – 15 years PWD (OBC) – 13 years PWD (GEN/UR) – 10 years |
Ex-serviceman | 5 years |
Jammu and Kashmir during the period from 1.1.1980 to 31.12.1989 | 5 years |
Employees of IRDAI | To the extent of number of years of such service in IRDAI, subject to a maximum of three years. |
Education Qualification
Candidates must have a Bachelor's degree in any field from a recognised university, or an equivalent certification recognised by the Central Government. English must have been one of the candidate's SSC, HSC, Intermediate, or Graduation subjects. The candidate must have a certificate stating that he or she has passed the qualifying examination as of the date of application registration.
Specialization | Qualification/s required |
Actuarial | Graduation from a recognized University with minimum 60% marks, and Pass in Nine (9) Papers of the Institute of Actuaries of India (IAI) Examination |
Accounts | Graduation from a recognized University with minimum 60% marks, and ACA/AICWA/ACMA/ACS/CFA |
Legal | Graduation from a recognized University with minimum 60% marks, and LL.B with 60% marks |
General | Graduation from a recognized University with minimum 60% marks |
IMPORTANT LINKS:
1. For Official Website - click here
2. For Important Notice - click here
INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY OF INDIA (IRDAI) ASSISTANT MANAGER
A Qualified IRDA Assistant Manager Preliminary Entrance Exam Candidate is Only Eligible for this Exam .
Candidates willing to apply for IRDA AM Examination are required to fulfil certain conditions to be eligible for it. The candidate who does not satisfy the Eligibility criteria like Age, Minimum educational qualification, etc., their candidature shall be rejected by the authorities. The candidate’s eligibility for IRDA AM Exam is based on the fulfilment of the following conditions:-
1. Nationality
2. IRDA AM: Age Limit & Relaxations
3. IRDA AM: Educational Qualifications
IRDA AM EXAM: NATIONALITY
The candidate must be a citizen of India.
Age-Limit
Minimum Age - 21 years & Maximum Age - 33 years
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 | Age Relaxation |
Scheduled Caste / Scheduled Tribe (SC/ST) | 5 years |
Other Backward Classes (OBC) | 3 years |
Persons with Disabilities (PWD) | PWD (SC/ST) – 15 years PWD (OBC) – 13 years PWD (GEN/UR) – 10 years |
Ex-serviceman | 5 years |
Jammu and Kashmir during the period from 1.1.1980 to 31.12.1989 | 5 years |
Employees of IRDAI | To the extent of number of years of such service in IRDAI, subject to a maximum of three years. |
Education Qualification
Candidates must have a Bachelor's degree in any field from a recognised university, or an equivalent certification recognised by the Central Government. English must have been one of the candidate's SSC, HSC, Intermediate, or Graduation subjects. The candidate must have a certificate stating that he or she has passed the qualifying examination as of the date of application registration.
Specialization | Qualification/s required |
Actuarial | Graduation from a recognized University with minimum 60% marks, and Pass in Nine (9) Papers of the Institute of Actuaries of India (IAI) Examination |
Accounts | Graduation from a recognized University with minimum 60% marks, and ACA/AICWA/ACMA/ACS/CFA |
Legal | Graduation from a recognized University with minimum 60% marks, and LL.B with 60% marks |
General | Graduation from a recognized University with minimum 60% marks |
IMPORTANT LINKS:
1. For Official Website - click here
2. For Important Notice - click here
IRDA ASSISTANT MANAGER EXAM DATES
The Insurance Regulatory Development Authority of India (IRDAI) has not released the official notification for IRDA AM 2022 yet. The IRDA vacancies for the post of Assistant Manager were last notified on August 14, 2017 which are mentioned below:
Description | Important Dates |
IRDA Assistant Manager Notification Release Date | August 14, 2017 |
Website Link Open for on-line registration of applications | August 15, 2017 |
Last date for on-line application and payment of examination fee/intimation charges | September 5, 2017 |
Conduct of Phase – I On-line Preliminary Examination (Objective type) | October 4, 2017 |
Conduct of Phase – II ( Descriptive Exam ) | November 11, 2017 |
IMPORTANT LINKS:
1. For Official Website - click here
2. For Important Notice - click here
IRDA ASSISTANT MANAGER EXAM DATES
The Insurance Regulatory Development Authority of India (IRDAI) has not released the official notification for IRDA AM 2022 yet. The IRDA vacancies for the post of Assistant Manager were last notified on August 14, 2017 which are mentioned below:
Description | Important Dates |
IRDA Assistant Manager Notification Release Date | August 14, 2017 |
Website Link Open for on-line registration of applications | August 15, 2017 |
Last date for on-line application and payment of examination fee/intimation charges | September 5, 2017 |
Conduct of Phase – I On-line Preliminary Examination (Objective type) | October 4, 2017 |
Conduct of Phase – II ( Descriptive Exam ) | November 11, 2017 |
IMPORTANT LINKS:
1. For Official Website - click here
2. For Important Notice - click here
INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY OF INDIA (IRDAI) ASSISTANT MANAGER
The Insurance Regulatory and Development Authority of India (IRDAI) is a statutory body established by the Insurance Regulatory and Development Authority Act, 1999. It was established to develop the Insurance sector and provide financial support to the Indian household. IRDA is the supervisory body that regulates all the insurance companies in India, including both Life Insurances & General Insurances companies. While monitoring all these activities, IRDA also observes and regulates the development of these industries. IRDA Exam is conducted to recruit Insurance agents for various insurance companies.
IRDA ASSISTANT MANAGER SELECTION PROCESS
The candidates will undergo 3 stages of the selection process.
1. Online Preliminary Examination.
2. Descriptive Examination
3. Interview
IRDA IRDA ASSISTANT MANAGER STUDY PLAN
The only deciding factor for the selection or rejection of a candidate is the Strategy & Planning which is used by them for their preparation for the IRDA Examination. A good and result-oriented Strategy & Planning for the examination will definitely allow the candidates to make their way through IRDA Examination
The foremost step in planning involves preparing a study plan based on the Syllabus.
1. Month-by-month study schedule: This should give you an idea of what you need to cover each month. Each subject in Phase I, for example, necessitates a month of preparation.
2. Week-by-week study schedule: To accomplish this, divide the curriculum into weeks in order to complete the syllabus as quickly as possible. Weekends should be reserved for revision.
3. A day-by-day study plan should reiterate the subtopics that must be addressed on a given day.
4. Hour-by-hour study plan: This implies that you have a set schedule and understand what you need to do when. Consider beginning your day by reading current events in newspapers or watching television, whichever you prefer. Then, plan 3-3-2 hours of study time throughout the day. An 8-hour study session at the beginning of the preparation period is adequate. Don't grill yourself and expend all of your energy right now. Put it aside for later, when the exam is only a few weeks away.
IRDA IRDA ASSISTANT MANAGER EXAM TIPS & TRICKS
During exam preparation, candidates should follow certain tips, and some of the useful tips used by experts are listed below:
1. Learn about the IRDAI Assistant Manager Exam Pattern and Syllabus.
Before beginning full-fledged preparation, it is critical to have a thorough understanding of the IRDAI Assistant Manager Exam Pattern and Syllabus. The examination is divided into three sections:
IRDAI Assistant Manager Phase I or Prelims
IRDAI Assistant Manager Phase II or Mains
Interview
The first phase of this exam is the prelims elimination round. Despite the fact that it is a qualifying round, it is critical to prepare thoroughly in order to advance to the Mains round.
2. IRDAI Assistant Manager Prelims Section-by-Section Study
The IRDAI Assistant Manager exam is divided into four sections, each of which requires equal attention during the preparation process.
3. Mock Test-Based Learning Methodology
Mock exams should be given equal weight when studying for the IRDAI Assistant Manager exam. Previous year's top scorers advocate a mock-test-centric learning strategy, particularly during the final two months before prelims.
Candidates must prepare for the key topics concurrently with the prelims because there is only a two-week break between the prelims and the Mains.
4. Exam Preparation necessitates a substantial amount of revision.
Along with preparation, candidates should revise it on a regular basis. Keep your weekends free to go over what you've learned throughout the week. This will help you remember the concepts you study so that you can perform well on the exam.
5. Examine Previous Year Cut-Offs
Analyzing previous year papers will allow you to analyse the type of questions asked in the paper and determine the depth of each subject.
IRDA ASSISTANT MANAGER FREQUENTLY ASKED QUESTIONS (FAQ)
FAQ RELATED TO IRDA ASSISTANT MANAGER GENERAL QUERY
QUERY | RESPONSE |
What is the minimum age to apply for the IRDAI exam? | A candidate enrolling for the IRDAI test must be between the ages of 21 and 33. |
Does the IRDAI Exam have a negative marking policy? | Yes, 0.25 points will be deducted for each incorrect response. |
Is there a set syllabus for the tests administered by the IRDAI? | No, the authorities have not proclaimed a certain or defined curriculum. However, the subjects addressed in this article and past years' papers provide a good overview of the curriculum. |
What if I don't answer a question correctly on the IRDAI exam? | If a candidate does not answer a question, i.e. leaves the answer sheet blank, no marks will be awarded or removed for that question. |
How long does the IRDAI Assistant Manager paper-2 examination last? | The IRDAI assistant manager each paper of the descriptive test lasts 60 minutes or 1 hour. |
How many questions are in the IRDAI Assistant Manager Mains Exam? | The IRDAI assistant manager Mains examination consists of 200 questions. |
How many sections are there in the IRDAI paper-1 exam? | There are a total of four sections in the IRDAI paper-1 examination. They are English, quantitative aptitude, reasoning and general awareness. |
What is the total number of questions asked in paper-1 and paper-2 examination? | There are 160 questions asked in paper-1 and 100 questions in descriptive examination. |
Where can I get the IRDAI Result? | The instructions are simple to follow and will take you to the official website where you can get the IRDAI Result. |
What is the cut-off for the IRDAI Exam? | The IRDAIExam cut-off is the minimum number of points necessary to advance to the next stage of the selection process. |
IMPORTANT LINKS:
1. For Official Website - click here
2. For Important Notice - click here
INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY OF INDIA (IRDAI) ASSISTANT MANAGER
The Insurance Regulatory and Development Authority of India (IRDAI) is a statutory body established by the Insurance Regulatory and Development Authority Act, 1999. It was established to develop the Insurance sector and provide financial support to the Indian household. IRDA is the supervisory body that regulates all the insurance companies in India, including both Life Insurances & General Insurances companies. While monitoring all these activities, IRDA also observes and regulates the development of these industries. IRDA Exam is conducted to recruit Insurance agents for various insurance companies.
IRDA ASSISTANT MANAGER SELECTION PROCESS
The candidates will undergo 3 stages of the selection process.
1. Online Preliminary Examination.
2. Descriptive Examination
3. Interview
IRDA IRDA ASSISTANT MANAGER STUDY PLAN
The only deciding factor for the selection or rejection of a candidate is the Strategy & Planning which is used by them for their preparation for the IRDA Examination. A good and result-oriented Strategy & Planning for the examination will definitely allow the candidates to make their way through IRDA Examination
The foremost step in planning involves preparing a study plan based on the Syllabus.
1. Month-by-month study schedule: This should give you an idea of what you need to cover each month. Each subject in Phase I, for example, necessitates a month of preparation.
2. Week-by-week study schedule: To accomplish this, divide the curriculum into weeks in order to complete the syllabus as quickly as possible. Weekends should be reserved for revision.
3. A day-by-day study plan should reiterate the subtopics that must be addressed on a given day.
4. Hour-by-hour study plan: This implies that you have a set schedule and understand what you need to do when. Consider beginning your day by reading current events in newspapers or watching television, whichever you prefer. Then, plan 3-3-2 hours of study time throughout the day. An 8-hour study session at the beginning of the preparation period is adequate. Don't grill yourself and expend all of your energy right now. Put it aside for later, when the exam is only a few weeks away.
IRDA IRDA ASSISTANT MANAGER EXAM TIPS & TRICKS
During exam preparation, candidates should follow certain tips, and some of the useful tips used by experts are listed below:
1. Learn about the IRDAI Assistant Manager Exam Pattern and Syllabus.
Before beginning full-fledged preparation, it is critical to have a thorough understanding of the IRDAI Assistant Manager Exam Pattern and Syllabus. The examination is divided into three sections:
IRDAI Assistant Manager Phase I or Prelims
IRDAI Assistant Manager Phase II or Mains
Interview
The first phase of this exam is the prelims elimination round. Despite the fact that it is a qualifying round, it is critical to prepare thoroughly in order to advance to the Mains round.
2. IRDAI Assistant Manager Prelims Section-by-Section Study
The IRDAI Assistant Manager exam is divided into four sections, each of which requires equal attention during the preparation process.
3. Mock Test-Based Learning Methodology
Mock exams should be given equal weight when studying for the IRDAI Assistant Manager exam. Previous year's top scorers advocate a mock-test-centric learning strategy, particularly during the final two months before prelims.
Candidates must prepare for the key topics concurrently with the prelims because there is only a two-week break between the prelims and the Mains.
4. Exam Preparation necessitates a substantial amount of revision.
Along with preparation, candidates should revise it on a regular basis. Keep your weekends free to go over what you've learned throughout the week. This will help you remember the concepts you study so that you can perform well on the exam.
5. Examine Previous Year Cut-Offs
Analyzing previous year papers will allow you to analyse the type of questions asked in the paper and determine the depth of each subject.
IRDA ASSISTANT MANAGER FREQUENTLY ASKED QUESTIONS (FAQ)
FAQ RELATED TO IRDA ASSISTANT MANAGER GENERAL QUERY
QUERY | RESPONSE |
What is the minimum age to apply for the IRDAI exam? | A candidate enrolling for the IRDAI test must be between the ages of 21 and 33. |
Does the IRDAI Exam have a negative marking policy? | Yes, 0.25 points will be deducted for each incorrect response. |
Is there a set syllabus for the tests administered by the IRDAI? | No, the authorities have not proclaimed a certain or defined curriculum. However, the subjects addressed in this article and past years' papers provide a good overview of the curriculum. |
What if I don't answer a question correctly on the IRDAI exam? | If a candidate does not answer a question, i.e. leaves the answer sheet blank, no marks will be awarded or removed for that question. |
How long does the IRDAI Assistant Manager paper-2 examination last? | The IRDAI assistant manager each paper of the descriptive test lasts 60 minutes or 1 hour. |
How many questions are in the IRDAI Assistant Manager Mains Exam? | The IRDAI assistant manager Mains examination consists of 200 questions. |
How many sections are there in the IRDAI paper-1 exam? | There are a total of four sections in the IRDAI paper-1 examination. They are English, quantitative aptitude, reasoning and general awareness. |
What is the total number of questions asked in paper-1 and paper-2 examination? | There are 160 questions asked in paper-1 and 100 questions in descriptive examination. |
Where can I get the IRDAI Result? | The instructions are simple to follow and will take you to the official website where you can get the IRDAI Result. |
What is the cut-off for the IRDAI Exam? | The IRDAIExam cut-off is the minimum number of points necessary to advance to the next stage of the selection process. |
IMPORTANT LINKS:
1. For Official Website - click here
2. For Important Notice - click here
INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY OF INDIA (IRDAI) ASSISTANT MANAGER
The Insurance Regulatory and Development Authority of India (IRDAI) is a statutory body established by the Insurance Regulatory and Development Authority Act, 1999. Its mission is to protect policyholder interests while also regulating and developing the insurance industry. IRDAI invites applications from eligible Indian citizens to fill the position of Assistant Manager in its various offices through open competition on an all-India basis. IRDAI Assistant Manager recruitment occurs for a variety of specializations including Actuarial, Accounting, Legal, and General.
For More Information - click here
IRDA ASSISTANT MANAGER CAREER PROSPECTS
The selected candidates from all the specializations will be placed in the Common Seniority. The seniority among these officers will be decided on the basis of the ranking secured by the selected candidates. There are reasonable prospects for promotion to higher grades and positions as well.
The selected candidates will be placed on a probation period of 1 year which may or may not be extended. The maximum probation period can be 2 years from the date of joining.
IRDA ASSISTANT MANAGER JOB PROFILE
Roles & Responsibilities are:
1. To safeguard the interest of policyholders.
2. Keeps a check on scams and frauds by setting standards and conduct vigilance.
3. Ensure fair dealing in the market.
4. Regulates the development of other Insurance Companies to benefit the customers who are investing in policies seeking safety.
IRDA ASSISTANT MANAGER 2022 EXAM SALIENT FEATURES
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 |
Duration of exam | 90 minutes - Paper 1 examination 60 minutes - Paper 2 examination |
Type of Questions | Paper- 1: Objective or MCQ Paper-2: Descriptive |
Total number of questions | 160 questions for paper-1 examination |
Official Website | https://www.irdai.gov.in |
IRDA ASSISTANT MANAGER 2022 EXAM DATES
The IRDA vacancies for the post of Assistant Manager were last notified on August 14, 2017 which are mentioned below:-
Description | Important Dates |
IRDA Assistant Manager Notification Release Date | August 14, 2017 |
Website Link Open for on-line registration of applications | August 15, 2017 |
Last date for on-line application and payment of examination fee/intimation charges | September 5, 2017 |
Conduct of Phase – I On-line Preliminary Examination (Objective type) | October 4, 2017 |
Conduct of Phase – II ( Descriptive Exam ) | November 11, 2017 |
For Examination Schedule official - click here
IRDA ASSISTANT MANAGER SALARY STRUCTURE
The candidates who will get selected as Assistant Manager in IRDAI will receive initial monthly emoluments as Rs. 81,000/- per month 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.Look details below
Post | Salary |
Assistant Manager | 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) Other allowances, like Dearness Allowance, House Rent Allowance, City Compensatory Allowance, Grade Allowance, etc. The initial monthly gross remuneration is approximately Rs. 81,000 |
IRDA ASSISTANT MANAGER PERKS AND ADDITIONAL BENEFITS
Some of the allowances that an Assistant Manager in IRDAI may receive are:
1. Dearness Allowance
2. House Rent Allowance
3. City Compensatory Allowance
4. Grade Allowance
IRDA ASSISTANT MANAGER 2022 EXAM APPLICATION PROCESS
The application process is online, Applicants who meet the eligibility criteria can fill out the application form. The application process involves several steps, such as registering, completing the application form, uploading the required documents, paying the fee, and final submission. Candidates only need to fill out the application form with correct details, otherwise, you are responsible for rejection.
...INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY OF INDIA (IRDAI) ASSISTANT MANAGER
The Insurance Regulatory and Development Authority of India (IRDAI) is a statutory body established by the Insurance Regulatory and Development Authority Act, 1999. Its mission is to protect policyholder interests while also regulating and developing the insurance industry. IRDAI invites applications from eligible Indian citizens to fill the position of Assistant Manager in its various offices through open competition on an all-India basis. IRDAI Assistant Manager recruitment occurs for a variety of specializations including Actuarial, Accounting, Legal, and General.
For More Information - click here
IRDA ASSISTANT MANAGER CAREER PROSPECTS
The selected candidates from all the specializations will be placed in the Common Seniority. The seniority among these officers will be decided on the basis of the ranking secured by the selected candidates. There are reasonable prospects for promotion to higher grades and positions as well.
The selected candidates will be placed on a probation period of 1 year which may or may not be extended. The maximum probation period can be 2 years from the date of joining.
IRDA ASSISTANT MANAGER JOB PROFILE
Roles & Responsibilities are:
1. To safeguard the interest of policyholders.
2. Keeps a check on scams and frauds by setting standards and conduct vigilance.
3. Ensure fair dealing in the market.
4. Regulates the development of other Insurance Companies to benefit the customers who are investing in policies seeking safety.
IRDA ASSISTANT MANAGER 2022 EXAM SALIENT FEATURES
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 |
Duration of exam | 90 minutes - Paper 1 examination 60 minutes - Paper 2 examination |
Type of Questions | Paper- 1: Objective or MCQ Paper-2: Descriptive |
Total number of questions | 160 questions for paper-1 examination |
Official Website | https://www.irdai.gov.in |
IRDA ASSISTANT MANAGER 2022 EXAM DATES
The IRDA vacancies for the post of Assistant Manager were last notified on August 14, 2017 which are mentioned below:-
Description | Important Dates |
IRDA Assistant Manager Notification Release Date | August 14, 2017 |
Website Link Open for on-line registration of applications | August 15, 2017 |
Last date for on-line application and payment of examination fee/intimation charges | September 5, 2017 |
Conduct of Phase – I On-line Preliminary Examination (Objective type) | October 4, 2017 |
Conduct of Phase – II ( Descriptive Exam ) | November 11, 2017 |
For Examination Schedule official - click here
IRDA ASSISTANT MANAGER SALARY STRUCTURE
The candidates who will get selected as Assistant Manager in IRDAI will receive initial monthly emoluments as Rs. 81,000/- per month 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.Look details below
Post | Salary |
Assistant Manager | 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) Other allowances, like Dearness Allowance, House Rent Allowance, City Compensatory Allowance, Grade Allowance, etc. The initial monthly gross remuneration is approximately Rs. 81,000 |
IRDA ASSISTANT MANAGER PERKS AND ADDITIONAL BENEFITS
Some of the allowances that an Assistant Manager in IRDAI may receive are:
1. Dearness Allowance
2. House Rent Allowance
3. City Compensatory Allowance
4. Grade Allowance
IRDA ASSISTANT MANAGER 2022 EXAM APPLICATION PROCESS
The application process is online, Applicants who meet the eligibility criteria can fill out the application form. The application process involves several steps, such as registering, completing the application form, uploading the required documents, paying the fee, and final submission. Candidates only need to fill out the application form with correct details, otherwise, you are responsible for rejection.
STEPS TO FILL IRDA ASSISTANT MANAGER 2022 EXAM ONLINE APPLICATION FORM
The steps to apply for UPSC 2022 Application Form are as follows:
STEP 1. Visit the official website of IRDA
STEP 2. Click on ‘Employment’ tab on the homepage.and then click on the option “Recruitment for the post of Assistant Manager”..
STEP 3. Click on the ‘New registration’ link.
STEP 4. Now, register by filling in the details in the asked fields.
STEP 5. After which, a registration ID and password will be sent to your provided email Id and phone number.
STEP 6. Now, Login using the registration ID and password.
STEP 7. Candidates should upload their scanned photograph and signature. They should ensure that they adhere to the requirements given in the official notification with regard to the scanned photograph and signature.
STEP 8. Finally, make the payment of the application form.
STEP 9. Candidates should fill in all the required details and then check the information carefully by clicking on ‘Preview’ before “FINAL SUBMIT”.
STEP 10. Once again, check all the details and submit your application form
IRDA ASSISTANT MANAGER 2022 EXAM APPLICATION FEE
Category | Application Fee |
All Other Categories | Rs.650 (inclusive of examination fee and intimation charges |
SC/ST/PWBD | Rs. 100/- |
IRDA ASSISTANT MANAGER 2022 EXAM ADMIT CARD
Candidates can follow the below-mentioned steps to download admit card for the IRDA ASSISTANT MANAGER 2022 exam:
Step 1: First step would be to open the official website of IRDAI.
Step 2: Next, go to the employment section on the top right corner of the website, once it opens up.
Step 3: You will find the admit card notification under the subsection called Employment notice. All employment related links will be available here.
Step 4: Once you find the IRDAI Assistant Manager admit card download link, click on it. The website will ask you for login credentials.
Step 5: Fill in your login credentials to check your admit card and download it.
Step 6: Download the PDF available on the screen and take a print of it, if possible then.
IRDA ASSISTANT MANAGER 2022 EXAM CENTRE
IRDAI, however, reserves the right to cancel any of the Examination Centres and/or add some other Centres, at its discretion, depending upon response, administrative feasibility, etc.
The Phase - II Descriptive Examination will be held at the following Centres:
Name of the Centre |
Hyderabad |
Kolkata |
Mumbai |
New Delhi |
For Official list of examination centres - click here
IRDA ASSISTANT MANAGER 2022 EXAM RESULT
Step 1: Visit the IRDAI website.
Step 2: You will be diverted to the IRDAI Home Page.
Step 3: On the Homepage of the website, look for ‘IRDAI Assistant Manager Results 2022’ link.
Step 4: After this, the candidate will be diverted to the login page.
Step 5: Enter the details required and click the submit button.
Step 6: Your result will be displayed on the screen. Make a printout of the result sheet for additional reference.
IMPORTANT LINKS:
1. For Official Website - click here
2. For Important Notice - click here
3. For Examination Schedule official - click here
A candidate enrolling for the IRDAI test must be between the ages of 21 and 33. For detailed information of IRDA AM exam age limit please click on above Eligibility button.
Yes, 0.25 points will be deducted for each incorrect response in IRDA exam. By clicking on the format button above, you can see the marking scheme of IRDA AM exam, which shows how many marks are assigned to each question and how many marks will be deducted for each wrong answer.
IRDA exam is conducted in three phases – Phase 1 Prelims, Phase 2 Mains and Phase 3- Interview. To know more about the recruitment process of IRDA AM exam, you need to go through the general information button given above.
The IRDA assistant manager Mains examination consists of 200 questions and 3 Hours are allotted. To know full detail about IRDA AM Exam Mode, Language, Pattern etc. Go through the format button given above.
Economic and Social Issues impacting insurance, Insurance & Management are the three sections asked in the IRDA Main Exam. You can go through the syllabus button above to know more about the important topics of subjects covered in IRDA AM Exam.
IRDA Mains Exam Consist Descriptive Type Questions Only. You can check all the detailed information about type of questions, time limit, negative marking, language asked in IRDA AM exam by clicking on the format button given above.
© 2024 Notopedia All rights reserved.
This content has been book marked