IRDAI Assistant Manager Eligibility Criteria 2024
The Insurance Regulatory and Development Authority of India (IRDAI) is the top regulating agency in India's insurance market. Established in 1999, its principal function is to defend policyholder interests and ensure the financial stability of the insurance business. To promote fairness and transparency, the IRDAI creates regulations, issues licenses, and monitors insurance companies. It also promotes the growth of the insurance market by promoting innovation and assuring access to cheap insurance products. Furthermore, the IRDAI is essential to preserving the harmony between consumer protection and the expansion of the insurance industry in India.
With the IRDAI Assistant Manager Notification 2024 finally released, it is very important for students to check the IRDAI Assistant Manager eligibility criteria before applying for the position of IRDAI Assistant Manager. Understanding these requirements helps ensure applicants meet the required qualifications and do not waste time and effort on rejected applications. The IRDAI AM eligibility criteria provides basic information about academic qualifications, age, experience and other requirements necessary to apply. By carefully reviewing this information, students can better prepare their applications, gather necessary documents, and increase their chances of success. Additionally, knowing the IRDAI AM Eligibility Criteria 2024 will allow applicants to better plan their career and educational paths, with the goal of meeting these standards in the future.
Along with the details about IRDAI Assistant Manager Salary and other important information like the IRDAI Assistant Manager Exam Dates, candidates should possess the required IRDAI AM eligibility criteria to apply for the IRDAI Assistant Manager exam 2024. The IRDAI Assistant Manager notification for 2024 is out with 49 vacancies and the last date to apply for the same is September 20, 2024. It is strongly advised to go through the detailed IRDAI AM eligibility criteria 2024 so that your candidature does not get canceled at a later stage. More information about the IRDAI AM eligibility criteria is given below.
IRDAI Assistant Manager Educational Qualification
The IRDAI Assistant Manager post in all specializations have a minimum requirement of a graduation degree in the respective stream specific subjects with a minimum of 60% marks and 55% percent aggregate marks for SC/ST candidates. The IRDAI AM eligibility criteria regarding educational qualification for the IRDAI AM exam 2024 for each specialization also requires further certifications or post graduate level qualifications to be eligible for giving the exam.
As per the IRDAI AM eligibility criteria, applicants must be proficient in computer usage. All academic degrees must be from institutions recognized by the Government of India or approved by relevant regulatory bodies. Candidates can choose to apply for Actuarial, Accounts, Legal, IT, or Research and/or Generalist stream positions based on their respective fields of study.
Each specialization requires a separate online application and fee. If a candidate submits multiple applications for the same specialization or applies for more than two specializations (excluding Generalist), only the most recent applications will be considered valid. Previous applications will be rejected, and any associated fees or intimation charges will be forfeited.
This basically means that the minimum essential IRDAI AM eligibility criteria requires an educational qualification of a Graduate Degree in the respective stream for which you are applying in the exam. There are other added educational qualifications as part of the IRDAI AM eligibility criteria depending on the post you are applying for. Read about the details below.
Sl. No. | Stream | Qualification/s Required |
---|---|---|
1 | Actuarial | Graduation with minimum 60% marks and 7 papers passed of IAI as per 2019 curriculum |
2 | Finance | Graduation with minimum 60 % marks and ACA/AICWA/ACMA/ACS/CFA |
3 | Law | Bachelor’s Degree in Law with minimum 60% marks |
4 | IT |
|
5 | Research | Master's Degree or 2-years Post Graduate Diploma in Economics / Econometrics / Quantitative Economics / Mathematical Economics / Integrated conomics Course/ Statistics/ Mathematical Statistics/Applied Statistics & Informatics with a minimum of 60% marks |
6 | Generalist | Graduation with minimum 60% marks |
IRDAI Assistant Manager Age Criteria
According to the IRDAI AM eligibility criteria 2024, the age requirement as of September 20, 2024, says that applicants must be at least 21 years old but no older than 30 years old. This means they must have been born between September 21, 1994, and September 20, 2003.
It is critical that the age limit is fulfilled as part of the IRDAI AM eligibility criteria or else the candidate’s application will be rejected.
Name of the Post | Age Criteria |
---|---|
Assistant Manager | Minimum Age- 21 years / Maximum Age- 30 years |
IRDAI Assistant Manager Age Relaxation
IRDAI AM eligibility criteria has a provision of upper age relaxation for certain categories of candidates, ensuring inclusivity in the recruitment process. The age relaxation as per the IRDAI AM eligibility criteria 2024, will vary depending on the specific reserved category to which a candidate belongs, allowing for equitable opportunities. Additionally, employees of IRDAI are eligible for age relaxation based on the number of years they have served in the organization. This provision acknowledges their dedication and experience, offering them a fair chance to meet the IRDAI AM eligibility criteria. Candidates should carefully review the IRDAI AM eligibility criteria to understand the applicable age relaxations and other requirements. You can check out the table below for further details on the age relaxations as per the IRDAI AM eligibility criteria 2024.
Category | Age Relaxation |
---|---|
SC/ ST | 5 years |
OBC | 3 years |
PwBD | PWD (SC/ ST) – 15 years PWD (OBC) – 13 years PWD (GEN/ UR) – 10 years |
Ex-serviceman and Commissioned Officers | 5 years |