Insurance Regulatory and Development Authority of India has released the notification for Assistant Manager. A total number of 45 vacancies are released for the IRDAI Assistant Manager Recruitment 2023. Candidates can now apply from 11th April 2023 to 10th May 2023.
If you are preparing for the IRDA 2023 examination and other insurance exams, refer to the pages on Insurance Exams and IRDA Mock Tests. All new updates pertaining to the upcoming IRDA exam posts will be made available on this page.
IRDA Exam for the Post of Assistant Manager 2023
Applications for a total of 30 vacancies under various specialisations for the post of Assistant Manager were invited in 2017. The basic pay that an Assistant Manager can draw is Rs.28,150 every month. There are other allowances for candidates, which include Dearness Allowance, House Rent Allowance, City Compensatory Allowance, Grade Allowance etc. In 2017, the initial monthly gross emoluments for the post of Assistant Manager was approximately Rs.81,000. The number of vacancies for various specialisations and the pay scale are given in the table below.
IRDA Exam Vacancies and Pay Scale for the Post of Assistant Manager 2017
S. No. | Specialisation | Number of Vacancies | Pay Scale |
1 | Actuarial | 4 | Rs.28150-1550(4)-34350-1750(7)-46600-EB-1750(4)-53600-2000(1)-55600 (17 years) |
2 | Accounts | 4 | |
3 | Legal | 2 | |
4 | General | 20 |
Other qualification allowances, in addition to the above, are applicable to candidates selected for the post of Assistant Manager with the following professional qualifications are given in the table below.
Qualification Allowances for the Post of Assistant Manager 2017
Qualification | Completion Level | Qualification Allowance per Month |
Actuarial | Nine papers of the Institute of Actuaries of India | Rs.15,000 |
Accounts | ACA/AICWA/ACS | Rs. 3,500 |
IRDA Exam for the Posts of Manager, Assistant & Deputy General Manager and General Manager 2023
For the posts of Manager, Assistant & Deputy General Manager and General Manager the starting basic pay in the scale of pay and monthly emoluments are mentioned in the table below. Monthly allowances include Dearness Allowance, House Rent Allowance, Local Compensatory Allowance, Grade Allowance etc.
IRDA Exam Scale of Pay and Monthly Gross Emoluments for the Posts of Manager, Assistant & Deputy General Manager and General Manager 2018
Post | Scale of Pay | Monthly gross emoluments at starting of scale (Basic+DA+ HRA+Grade Allowance+ Special Allowance+LCA) |
Manager
(Grade B) |
35150-1750(9)-50900-EB-1750(2)-54400-2000(4)-62400 (16 years) | Rs. 1,10,132 |
Assistant
General Manager (Grade C) |
49000-1750(3)-54250-1900(2)-58050-2000(4)-66050-EB-2000(2)70050-2150(1)-72200 (13 years) | Rs. 1,43,530 |
Deputy
General Manager (Grade D) |
68500-2150(2)-72800-2250(6)-86300 (9 years) | Rs. 1,89,152 |
General Manager
(Grade E) |
72800-2250(1)-75050-2400(2)-79850-2500(3)-87350-3000(5)-102350 (12 years) | Rs. 2,17,794 |
In addition to the above, the following qualification allowance is also payable to selected candidates for the posts of Manager, Assistant & Deputy General Manager and General Manager .
Qualification Allowances for the Post Manager, Assistant & Deputy General Manager and General Manager 2018
Qualification | Qualification Allowance per Month |
Fellow of IAI | Rs. 80,000 |
ACA/AICWA/ACS/CFA | Rs. 3,500 |
The number of vacancies for various specialisations for the Posts of Manager, Assistant & Deputy General Manager and General Manager is given in the table below.
IRDA Exam Vacancies for Various Specialisations for the Posts of Manager, Assistant & Deputy General Manager and General Manager 2018
S.No. | Specialisation | Manager | Assistant
General Manager |
Deputy
General Manager |
General Manager |
1 | Actuarial | – | – | – | 1 |
2 | F&A /Investments | 2 | – | – | – |
3 | Life/Non-Life | 3 | 4 | – | – |
4 | IT | 2 | 2 | 1 | – |
5 | Legal | – | 2 | 1 | – |
Total= 18 | 7 | 8 | 2 | 1 |
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