IRDAI Assistant Manager Eligibility Criteria 2024, Age Limit, Qualification

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    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.StreamQualification/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
    • Bachelor’s Degree in Engineering (Electrical / Electronics / Electronics and Communication / Information Technology / Computer Science/ Software Engineering) with minimum 60% marks OR
    • Masters in Computers Application with minimum 60% marks OR
    • Bachelor’s Degree in any discipline with a post graduate qualification (minimum 2 years duration) in Computers / Information Technology with minimum 60% marks
    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 PostAge 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. 

    CategoryAge 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

    IRDA Assistant Manager Phase 1 - Free Mock Tests

    All India IRDAI AM Prelims Test (3rd November 2024)

    All India IRDAI AM Prelims Test (3rd November 2024)

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    IRDAI AM 2024 Phase1 Mock Test 2

    IRDAI AM 2024 Phase1 Mock Test 2

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    IRDA Assistant Manager Phase 1 - Previous Year Question Paper

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    IRDAI AM 2023 Phase 1 Previous Year Paper

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    Irdai Am Eligibility FAQs

    Yes. Any graduate with a minimum of 60% marks in their bachelors can apply for the IRDAI Assistant Manager Generalist stream and be considered for the same. However, there are some specialized posts within the IRDAI Assistant Manager posts that will need a bachelor’s or even master’s in specific subject areas. Candidates should check the IRDAI AM eligibility criteria 2024 for these posts thoroughly.
    The age relaxation for the IRDAI Assistant Manager exam allows persons from other backward communities, disabled persons , persons from backward economic category, former servicemen and other defense retired persons an opportunity to try applying for the exam. This gives persons in these categories with an equal opportunity to sit the exam with other people applying for the exam. You can check the IRDAI AM eligibility criteria for all the required details.
    Of course it is! The IRDAI Assistant Manager notification brings forth large numbers of people to the recruitment cycle every year. The role of Assistant Manager at IRDAI comes with several roles and responsibilities that have a direct impact on national policies and insurance market of the nation. All candidates should go through the IRDAI Assistant Manager notification to check the IRDAI AM eligibility criteria to see if they fulfil it. If they do, sitting for the exam and qualifying it could open life changing opportunities in the government insurance sector.
    While work experience can provide an advantage for the IRDAI Assistant Manager recruitment, it is not obligatory. Fresh graduates are also strongly encouraged to apply based on their educational qualifications alone. The emphasis is placed on meeting the educational criteria specified for each position as per the IRDAI AM eligibility criteria, and candidates without prior work experience are welcome to apply. This inclusive approach ensures that individuals with diverse backgrounds and experience levels can pursue a career in banking through the IRDAI Assistant Manager recruitment process.
    Physically challenged candidates are indeed entitled to reservation benefits in the IRDAI Assistant Manager recruitment. Additionally, they may qualify for specific relaxations in age criteria and application fee. However, to avail of these benefits, relevant documents confirming their disability status must be provided when requested during the application process. Such candidates are strongly advised to go through the detailed IRDAI AM eligibility criteria and notification to confirm how to qualify for the reservation and relaxations available to them as per the IRDAI guidelines.
    Yes, the IRDAI AM eligibility criteria 2024 requires an age limit of 21-30 years. The organization requires its candidates for the exam to be those who were born between September 21, 1994, and September 20, 2003. There are however certain age relaxations for candidates of certain categories based on the IRDAI AM eligibility criteria 2024. You can check the notification and the IRDAI AM eligibility criteria for all the important details.
    The eligibility criteria for the IRDAI Assistant Manager Exam (IRDAI AM Exam) are important for prospective candidates. To qualify, candidates must typically hold a bachelor's degree from a recognized university, which is a fundamental part of the IRDAI Assistant Manager Eligibility Criteria. Additionally, candidates should be within the age range of 21 to 30 years, although there are relaxations for certain categories. Understanding the IRDAI AM Eligibility Criteria thoroughly ensures that students meet all necessary requirements and are well-prepared for the application process.
    The minimum qualification for the IRDAI Assistant Manager Exam (IRDAI AM Exam) is a bachelor’s degree from a recognized university, which forms a key part of the IRDAI Assistant Manager Eligibility Criteria. Depending on the specific post, candidates may also need to hold a degree in a specialized field such as law, finance, or engineering. Understanding the IRDAI AM Eligibility Criteria is important for students to ensure they meet all the necessary requirements before applying for the exam.
    The selection process for the IRDAI Assistant Manager Exam 2024 consists of three stages: Phase I, Phase II, and an interview. Phase I is a preliminary exam, while Phase II is a descriptive test that delves deeper into the candidate's knowledge. Those who qualify in both phases are then called for the final interview, where their overall suitability for the role is assessed. Aspirants must also meet the IRDAI AM eligibility criteria 2024 if they want to be chosen for the position.
    As per the IRDAI AM eligibility criteria 2024, candidates must be at least 21 years old to apply, ensuring they meet the minimum age requirement. The maximum age limit is set at 30 years, meaning applicants must not exceed this age by the specified cutoff date. These age limits are strictly enforced, making it essential for candidates to fall within this range to be considered eligible for the IRDAI Assistant Manager position.
    Yes, as per the IRDAI AM eligibility criteria you are eligible for age relaxation and fee concession if you belong to the reserved category, and you need to produce the supporting documents as and when asked. These documents must be valid and in the prescribed format to ensure that your claim for relaxation and concession is accepted without any issues during the selection process. All the details will be provided in the upcoming IRDAI AM eligibility criteria mentioned in the recruitment notification.
    According to the IRDAI Assistant Manager notification 2024, there are a total of 49 vacancies spanning across different IRDAI AM streams which are Actuarial, Finance, Law, IT, Research, and Generalist. These vacancies are divided across different categories such as unreserved, SC, ST, and more. Candidates should take a detailed look at the IRDAI AM eligibility criteria for each stream to determine their suitability for a specific stream of the IRDAI AM recruitment cycle 2024.

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