The eligibility criteria to apply for the IRDA exam varies with each post. For the post of Assistant Manager work experience is not essential. However, IRDAI has laid down a detailed list of essential work experience and qualifications for the posts of Manager, Assistant and Deputy General Manager and General Manager. The eligibility criteria including the age limit, age relaxation, educational qualification etc is given in detail here.
The IRDAI Assistant Manager Recruitment 2023 has a total of 45 vacancies. Candidates can now apply between April 11 and May 10, 2023. If you are preparing for the upcoming IRDA and other insurance exams, refer to the pages on Insurance Exams and IRDA Mock Tests. All new updates pertaining to the upcoming IRDA exam eligibility criteria will be made available on this page.
IRDA Exam Eligibility Criteria for the Post of Assistant Manager 2023
As per the IRDAI notification released in 2017, candidates have to fulfil the following eligibility criteria in terms of age, educational qualification etc as given in the tables below.
IRDA Exam Age Limit for the Post of Assistant Manager
IRDAI notified that the lower age limit of candidates applying for the post of Assistant Manager is 21 years and the upper age limit is 30 years (as on September 5, 2017).
IRDA Exam Age Relaxation for the Post of Assistant Manager
IRDA exam age relaxation for various reserved and unreserved categories for the post of Assistant Manager is given in the table below.
Age Relaxation for Various Categories for the Post of Assistant Manager
S. No. | Category | Upper Age Relaxation |
1 | Scheduled Caste / Scheduled Tribe (SC/ST) | 5 years |
2 | Other Backward Classes (OBC) | 3 years |
3 | Persons with Disabilities (PWD) | PWD (SC/ST) – 15 years
PWD (OBC) – 13 years PWD (GEN/UR) – 10 years |
4 | Ex-serviceman and Commissioned Officers including Emergency Commissioned Officers and Short Service Commissioned Officers who have rendered at least five years Military Service as on 5th September, 2017 and have been released on completion of assignment (including those whose assignment is due to be completed within one year from 5th September, 2017) otherwise than by way of dismissal or discharge on account of misconduct or inefficiency or physical disability attributable to Military Service or on invalidment. | 5 years |
5 | 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. |
IRDA Exam Educational Qualification for the Post of Assistant Manager
Educational qualifications for different specialisations vary. A candidate must ensure that he/she fulfils the required criteria with regard to a specific specialisation before applying for it. Details regarding the educational qualifications for various specialisations are given in the table below.
IRDA Exam Educational Qualification for the Post of Assistant Manager
S. No. | Specialisation | Educational Qualification |
1 | Actuarial | Candidate should have:
|
2 | Accounts | Candidate must have:
|
3 | Legal | Candidate should have:
|
4 | General | Candidate should have a graduation from a recognized University with minimum 60% marks |
Note:
Relaxation in educational standards to the extent of 5% marks is allowed at Graduation level (Bachelor’s Degree) for candidates who belong to SC/ST categories.
IRDA Exam Eligibility Criteria for the Posts of Manager, Assistant & Deputy General Manager and General Manager 2023
As per the IRDAI notification released in 2018, candidates have to fulfil the following eligibility criteria in terms of age, educational qualification, experience etc as given in the tables below.
IRDA Exam Age Limit for the Posts of Manager, Assistant & Deputy General Manager and General Manager
Age limits for different posts vary. The maximum age limit for various posts are given below.
IRDA Exam Age Limit for the Posts of Manager, Assistant & Deputy General Manager and General Manager
S.No. | Category | Maximum Age not to Exceed |
1 | Manager | 45 years |
2 | Assistant
General Manager |
50 years |
3 | Deputy
General Manager |
54 years |
4 | General Manager | 54 years |
IRDA Exam Age Relaxation for the Posts of Manager, Assistant & Deputy General Manager and General Manager
Age relaxation available to various categories for the posts of Manager, Assistant & Deputy General Manager and General Manager are given in the table below.
IRDA Exam Age Relaxation for the Posts of Manager, Assistant & Deputy General Manager and General Manager
S. No | Category | Age Relaxation |
1 | Scheduled Caste (SC) | 5 years |
2 | Other Backward Classes (OBC) | 3 years |
3 | Ex-serviceman and Commissioned Officers including Emergency Commissioned Officers and Short Service Commissioned Officers who have rendered at least five years Military Service as on 12.03.2018 and have been released on completion of assignment (including those whose assignment is due to be completed within one year from 12.03.2018) otherwise than by way of dismissal or discharge on account of misconduct or inefficiency or physical disability attributable to Military Service or on invalidment. | 5 years
|
4 | Ordinarily domiciled in the State of Jammu and Kashmir during the period from 1.1.1980 to 31.12.1989 | 5 years |
IRDA Exam Educational Qualifications for the Posts of Manager, Assistant & Deputy General Manager and General Manager
Educational qualifications in terms of essential, professional and desirable qualifications for various posts are given in the table below.
IRDA Exam Educational Qualifications for the Posts of Manager, Assistant & Deputy General Manager and General Manager
Category | Essential Qualifications | Professional Qualifications | Desirable
Qualifications |
|
Manager | Life/Non-Life/ F&A/Invts: Graduation -60%
(SC Candidates- 55%)
IT: B.E./B.Tech (IT/CS) – 60% or MCA/Masters in IT/CS with 60% marks in graduation (for SC Candidates- 55%) |
F&A/Invts: ACA/AICWA/ACS
/CMA/CFA |
Fellow of Insurance Institute of India and Knowledge of Computer Operations | |
Assistant
General Manager |
Graduation | Legal: LL.B/5 year Integrated LL.B | IT: B.E./ B. Tech (IT/CS) or MCA or Masters in IT (IT/CS) | |
Deputy
General Manager |
Graduation | Legal: LL.B/5 year Integrated LL.B | IT: B.E./ B. Tech (IT/CS) or MCA or Masters in IT (IT/CS) | |
General Manager | Graduation | Actuarial: Fellow of the Institute of Actuaries of India (IAI) with 3 years post qualification experience |
IRDA Exam Work Experience for the Posts of Manager, Assistant & Deputy General Manager and General Manager
IRDAI has provided a detailed list of requirements regarding work experience for candidates who plan to apply for the posts of Manager, Assistant & Deputy General Manager and General Manager. The details are given in the table below.
IRDA Exam Work Experience for the Posts of Manager, Assistant & Deputy General Manager and General Manager
Category | Minimum
years of working experience |
Service in the present scale/ position | Specific working experience in a department / area of work with Insurers/Banks
/Financial Sector regulators |
Employees of IRDAI who
satisfy all the above conditions are eligible to apply for any one post/Grade under any one skill stream mentioned above. |
|
Manager | 10 | PSU Insurers / PSU
Banks – Scale II or higher Other Insurers/ Financial sector regulators – one grade/scale of pay below the advertised post. |
IRDAI’s decision in determining service in equivalent grade/scale of pay will be final
|
F&A/Investments – 3 years working experience as Officer in Finance / Accounts /Investment/ Treasury Depts.
Life/Non-Life – 3 years working experience as Officer with Life/General Insurers
IT – 3 years working experience as Officer in IT Department |
|
Assistant
General Manager |
15 | PSU Insurers / PSU Banks – Scale III or higher
Other Insurers/Financial sector regulators – one grade/scale of pay below the advertised post |
Life/Non-Life – 5 years working experience as Officer with Life/General Insurers
IT – 5 years working experience as Officer in IT Dept.
Legal – 5 years working experience as Officer in Legal Dept. |
||
Deputy
General Manager |
20 | PSU Insurers / PSU Banks – Scale IV or higher
Other Insurers/ Financial sector regulators – one grade/scale of pay below the advertised post |
IT – 5 years working experience as Officer in IT Dept.
Legal – 5 years working experience as Officer in Legal Dept. |
||
General Manager | 20 | PSU Insurers / PSU Banks – Scale IV or higher
Other Insurers/ Financial sector regulators – one grade/scale of pay below the advertised post. |
Actuarial – 5 years working experience as Officer in Actuarial Dept./ area of work with Insurers
|
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