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Eligibility Criteria
Candidates should possess the required IRDAI Manager qualifications, in order to apply for the exam. It is advised to go through detailed IRDAI Manager eligibility criteria 2023 so that your candidature do not get cancelled at a later stage. More information in this regard is given below.
Educational Qualification
The minimum essential educational qualification required for IRDAI Manager is a Graduate Degree in the respective stream for which you are applying in the IRDAI Manager exam. There can be other added IRDAI Manager qualifications regarding educational requirements depending on the post you are applying for. Read about the details below.
Educational Qualification
| Post | Qualification | Details |
|---|---|---|
| Qualification | Essential | Life/Non-Life/ F&A/Invts: Graduation -60% (for SC Candidates- 55%) IT: B.E./B.Tech (IT/CS) - 60% or MCA/Masters in IT/CS with 60% marks in graduation (for SC Candidates- 55%) |
| Professional | F&A/Invts: ACA/AICWA/ACS/CMA/CFA | |
| Desirable | Fellow of Insurance Institute of India and Knowledge of Computer Operations |
Experience
| Post | Experience | Details |
|---|---|---|
| IRDAI Manager | Minimum years of working experience | 10 Years |
| Service in the present scale / position | PSU Insurers / PSU Banks - Scale II or higher; Other Insurers/ Financial sector regulators – one grade/scale of pay below the advertised post. IRDAI’s decision in determining service in equivalent grade/scale of pay will be finalPSU Insurers / PSU Banks - Scale II or higher; Other Insurers/ Financial sector regulators – one grade/scale of pay below the advertised post. IRDAI’s decision in determining service in equivalent grade/scale of pay will be final | |
| Specific working experience in a department / area of work with Insurers/Banks/Financial Sector regulators |
F&A/Investments - 3 years working experience as Officer in Finance / Accounts /Investment/ Treasury Depts. Life/Non-Life - 3 years working experience as Officer with Life/General Insurers IT - 3 years working experience as Officer in IT Dept. |
Age Criteria
As per the previous IRDAI Manager notification, you must lie within IRDAI Manager age limit 2023 that must not exceed 45 years. Any candidate who is above 45 will not be eligible to apply.
| Name of the Post | Age |
|---|---|
| Manager | Min- 35 years / Max- 45 years |
Age Relaxation
IRDAI has a provision of upper age relaxation to certain categories of candidates. The relaxation will vary depending on the particular category you belong to under reserved category. The employees of IRDAI will also be eligible for age relaxation depending on the number of years of their service. You can check out the table below for further details.
| Name of the Post | Age Criteria (as on May 10, 2023) |
|---|---|
| Assistant Manager | Minimum Age- 21 years / Maximum Age- 30 years as on 10.05.2023, i.e. candidates should have been born not earlier than 11.05.1993 and not later than 10.05.2002 (both days inclusive) |
