Eligibility Criteria

March 14, 2023 by C.Suvarna

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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 2024 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.

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 2024 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)