IRDA Exam Posts 2023

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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