Hyderabad: Insurance Regulatory and Development Authority of India (IRDAI), a statutory body formed under an Act of the Parliament, has released official recruitment notification for hiring 30 Assistant Manager posts. Out of these 30 posts, 20 for General Specialization, four (4) posts for Actuarial, four (4) posts for Accounts and two (2) posts for Legal Specialization.
Selection will be through a country-wide competitive Phase – I “On-line Preliminary Examination” followed by Phase – II “Descriptive Examination” at select centres and Interview.
Key Dates: The online application window will open for on-line registration of applications is 15 August 2017. The closing date for on-line application and payment of examination fee/intimation charges 5 September 2017. The Phase – I On-line Preliminary Examination (Objective type) will be held on 4 October 2017.
Eligibility Criteria:
Age Limit (as on 5 September 2017): Not below 21 years and not above 30 years as on 5 September 2017, i.e., candidates should have been born not earlier than 6 September 1987 and not later than 5 September 1996 (both days inclusive). Relaxation in the Upper Age Limit is available as per government norms.
Educational Qualifications:
General: Graduation from a recognized University with minimum 60% marks
Actuarial: 1. Graduation from a recognized University with minimum 60% marks, and 2. Pass in Nine (9) Papers of the Institute of Actuaries of India (IAI) Examination.
Accounts: 1. Graduation from a recognized University with minimum 60% marks, and 2. ACA/AICWA/ACMA/ACS/CFA
Legal: 1. Graduation from a recognized University with minimum 60% marks, and 2. LL.B with 60%
Selection Process: As per the recruitment notification of IRDA, the selection process will have three phases: Phase – I On-line Preliminary Examination (Objective Type); Phase – II Descriptive Examination comprising 3 Papers (Paper I, II and III); and Phase – III Interview.
Candidates for Actuarial, Accounts, Legal specializations and General vacancies will be shortlisted for Phase – III Interview based on the aggregate marks obtained in Papers I, II and III of Phase – II Descriptive Examination only. The minimum cut-off marks for being shortlisted for Phase – III Interview will be decided separately for each specialization and General vacanciesby IRDAI. Final selection will be based on the merit performance of the candidates under respective specialization in Phase – II Descriptive Examination and Phase – III Interview taken together.
For exact eligibility conditions, how to apply and other details, interested candidates should refer Recruitment Notification uploaded on the official website of IRDA:
https://www.irdai.gov.in/Defaulthome.aspx?page=H1
