IRDAI Grade A 2024 Notification
The official IRDAI Grade A 2024 exam notification has been released on 21 August 2024 and is now live on the IRDAI website.
For more information, click on the link: IRDAI Grade A 2024 Notification.
IRDAI Grade A 2024 Important Dates
Here are the important dates of the IRDAI Grade A 2024 exam:
IRDAI Grade A 2024 Important Dates | |
Events | Dates |
IRDAI Grade A Notification 2024 | 21 August 2024 |
Online Application Start Date | 21 August 2024 |
Online Application Last Date | 20 September 2024 |
Phase 1 Exam | 10 October 2024 |
Phase 2 Exam | To be announced |
Interview | To be announced |
Download Admit Card | To be announced |
IRDAI Grade A 2024 Vacancies
IRDAI declared a total of 49 vacancies in the 2024 notification, out of which 21 vacancies are for the general or unreserved category. The category-wise number of vacancies are given below:
IRDAI Grade A 2024 Vacancies | |||||
Total* | UR / General | EWSs | OBC | SC | ST |
49` | 21 | 4 | 12 | 8 | 4 |
Read the IRDAI Grade A 2024 notification article for complete details on exam dates, number of vacancies and how to apply online.
- PYQs of 2017
- PYQs of 2023
IRDAI Grade A 2024 Eligibility
IRDAI Grade A eligibility includes age limit, educational qualification, nationality, and number of attempts.
We have designed a calculator to check your eligibility for the IRDAI assistant manager 2024 exam, see below:
Age Limit for the IRDAI Grade A 2024 Exam
For the IRDAI Grade A 2024 exam, the age limit is calculated as of 20 September 2024. The minimum and maximum age limits for the unreserved or general category are 21 years and 30 years, respectively.
Educational Qualification for the IRDAI Grade A 2024 Exam
For the generalist post, you need to have a graduation in any discipline with a minimum of 60% marks (55% for SC/ST candidates) to be eligible.
Nationality for the IRDAI Grade A 2024 Exam
Only Indian citizens are eligible to apply for the IRDAI Grade A assistant manager exam.
Attempts Allowed for the IRDAI Grade A 2024 Exam
There is no limit on the number of attempts. You can take the IRDAI Grade A Assistant Manager exam as many times as you want, provided you meet the other eligibility criteria.
Read the IRDAI Grade A 2024 eligibility article for complete details.
- PYQs of 2017
- PYQs of 2023
IRDAI Grade A 2024 Selection Procedure
The selection procedure of the IRDAI Grade A assistant manager exam consists of:
- Phase 1 (Pre)
- Phase 2 (Mains)
- Phase 3 (Interview)
IRDAI Grade A 2024 Pattern
Here is the IRDAI Grade A exam pattern:
IRDAI Grade A 2024 Phase 1 Exam Pattern
Here is the IRDAI Grade A 2024 Phase 1 exam pattern:
IRDAI Grade A 2024 Phase 1 Pattern | |||
Name of Test | Questions | Marks | Duration |
Reasoning | 40 | 40 | Composite time of 90minutes |
English Language | 40 | 40 | |
General Awareness | 40 | 40 | |
Quantitative Aptitude | 40 | 40 | |
Total | 160 | 160 |
Additional Details of the IRDAI Grade A 2024 Phase 1 Exam
- The IRDAI Grade A Phase 1 is qualifying in nature.
- You need to qualify in each subject separately and also in aggregate as per the cut-off marks to be decided by IRDAI.
- You can choose either Hindi or English language (except for the English language test).
- 1/4th marks will be deducted for each wrong answer.
IRDAI Grade A 2024 Phase 2 Exam Pattern
Here is the IRDAI Grade A Phase 2 (Mains) pattern:
IRDAI Grade A 2024 Phase 2 Pattern | ||||
Paper | Name of Paper | Type of Paper | Marks | Duration |
Paper 1 | English | Descriptive (Questions will appear on screen and answers have to be written on answer sheets) | 100 | 60 Minutes |
Paper 2 | Economic and Social Issues Impacting Insurance | 100 | 60 Minutes | |
Paper 3 | Insurance and Management | 100 | 60 Minutes |
Additional Details of the IRDAI Grade A 2024 Phase 2 Exam
- The IRDAI Grade A Phase 2 exam consists of 3 descriptive papers worth 100 marks each.
- You can choose either Hindi or English language (except for the English language test).
- There is no negative marking.
IRDAI Grade A 2024 Interview Pattern
Candidates are shortlisted for interview based on their Phase 2 marks only (aggregated sum of 3 papers). Here is the IRDAI Grade A interview pattern:
- The interview is conducted in person at various exam centers.
- The interview marks are not mentioned in the official IRDAI Grade A notification.
- The weightage of marks obtained in Phase 2 is 85%, while marks obtained in the interview are given a weightage of 15%.
- PYQs of 2017
- PYQs of 2023
IRDAI Grade A 2024 Final Selection
The final selection is based on the aggregate marks obtained in Phase 2 (Papers 1, 2, and 3) and the interview.
IRDAI Grade A 2024 Syllabus
Here is the IRDAI Grade A 2024 syllabus for Phase 1 and Phase 2:
IRDAI Grade A 2024 Phase 1 Syllabus
In the absence of an official syllabus for Phase 1, we have analyzed the previous years’ questions (PYQs) to list down the topics of each subject of Phase 1.
IRDAI Grade A 2024 Phase 1 Syllabus | ||
Reasoning | Quant | English |
Alphabetical, Alphanumeric Series Coding & Decoding Syllogism Direction Sense Inequality Ranking Blood Relation Seating Arrangement Puzzles Machine Input Output Statement – Assumption Statement – Course of Action Cause and Effect Statement Argument Statement Conclusion Data Sufficiency | Percentage Profit & Loss Ratio & Proportion Simplification Interest Time & Work, Pipes Number Series Time, Speed & Distance, Trains & Boats Mixture Average Ages & Partnership Area & Volume Probability Data Interpretation Quadratic Equation | Parts of Speech Subject – Verb agreement Nouns Pronouns Tenses Modals Conditional Sentences Question Tag Preposition Complex Preposition Conjunction Articles Advance Verbs Adjective – Adverb |
General Awareness | |
Current Affairs National News: MoUs, summits, and major events related to India International: Summits and conferences held abroad Financial & Economics News Financial Awareness: RBI and SEBI notification and regulations Defence: Military exercises, drills, and major updates related to the defence sector of India Days in News: Major events or days, along with its date and theme Persons in News: Obituaries, appointments, and retirements Sports: Major tournaments and its winners Science, Technology, and Space Awards and Honours Environment Banking and Economy-Related News Reports and Government Schemes Books and Authors | Static Chief Ministers and Cabinet Ministers National Parks and Sanctuaries Airport Locations, Stadiums Organisations’ Headquarters Banks’ Headquarters and Taglines Power Plants in India Indian Dance Forms Countries Capitals and their Currencies Important Days |
IRDAI Grade A 2024 Phase 2 Syllabus
Here’s the IRDAI Grade A 2024 Phase 2 exam syllabus:
English Syllabus for IRDAI Grade A 2024
Generally, 3 questions are asked from the following topics:
- Essay
- Precis Writing
- Comprehension and Business/Office Correspondence
ESI Impacting Insurance Syllabus for IRDAI Grade A 2024
Here’s the ESI Impacting Insurance syllabus:
- Economic Growth
- Financial Markets, Institutions, and Services
- Economic Capital and Risk Based Capital Requirements
- Economic Reforms in India Leading to Insurance Sector Reforms
- Social Structure in India
- Insurance in Rural and Social Sectors
Insurance and Management Syllabus for IRDAI Grade A 2024
Here’s an overview of the Insurance and Management syllabus:
- History of Indian Insurance
- Risk and Uncertainty
- Legal Foundations of Insurance
- Functions Performed by Insurers
- Insurance Lines and Products
Read IRDAI Grade A syllabus article for complete details.
- PYQs of 2017
- PYQs of 2023
IRDAI Grade A Previous Year Questions
Here are the PYQs of the IRDAI Grade A Phase 1 and Phase 2 exams with links to download in PDF format for free.
Read the IRDAI Grade A PYQs article to download phase 1 and 2 papers of exams held in 2017 and 2023.
IRDAI Grade A Cut Off
Below, we have mentioned the IRDAI Grade A cut off marks:
IRDAI Grade A Cut Off Marks 2023 | |||||
Phase 1 | Phase 2 | Final | |||
Marks (160) | Percentage | Marks (300) | Percentage | Marks (100) | |
General | 87.25 | 25 | 183 | 61 | 74.12 |
EWS | 63.75 | 25 | 168 | 56 | 64.37 |
OBC | 80.75 | 25 | 171 | 57 | 67.89 |
SC | 70.25 | 25 | 157 | 52.33 | 66.58 |
ST | 47.75 | 23.75 | 150 | 50 | 65.35 |
PwBD | 39.50 | 13.75 | 146 | 48.67 | 63.11 |
IRDAI Grade A Exam Analysis
Here is the analysis of the IRDAI Grade A 2023 exam:
IRDAI Grade A 2023 Exam Analysis
- Overall, the IRDAI Grade A 2023 exam was of moderate difficulty.
- The difficulty level of reasoning was easy to moderate, with 26 to 28 questions being a good attempt.
- Quant and GA were both moderate, with 20 to 22 questions as a good attempt for each.
- Most GA questions were based on the previous 2-3 months of current affairs.
- English was also of a moderate level, with 26 to 28 questions being a good attempt
- Phase 2 was lengthy, with ESI being easier than Insurance and Management (IM).
- The English descriptive paper included essay topics on climate change, women empowerment, freedom of press, and an insurance-related topic.
- Precis was based on bancassurance, and the letter was a complaint to the ombudsman against an insurer.
- The questions asked in the ESI Impacting Insurance paper were not much related to its syllabus. Questions were asked from PM Fasal Bima Yojna, Ayushman Bharat Scheme, functions of underwriting in insurance, the principle of utmost good faith, the principle of indemnity, 2 questions were based on the given numerical data. Questions were of easy to moderate difficulty and required basic subject knowledge to answer.
- The Insurance and Management paper had 35 marks allocated to insurance and 65 to management. Questions were asked from organizational change, digital transformation, personnel management vs. human resource management, a data interpretation set on insurance coverage, and an RC passage on insurance. Questions were of easy to moderate difficulty and required basic subject knowledge to answer.
IRDAI Grade A 2024 Preparation Strategy
Here is the IRDAI Grade A 2024 preparation strategy.
IRDAI Grade A 2024 Phase 1 Preparation Strategy
- Quant, Reasoning, and English: Allocate 1.5 to 2 hours daily for quant, reasoning, and English. Begin by solidifying your fundamentals before progressing to exam-level questions. Practice at least 50 MCQs per topic before advancing to the next.
- General Awareness: Devote at least 2 hours daily to general awareness. Prioritize current affairs from the past 3 months (from the official notification), but ideally, you should cover at least 5 months. Practice as many MCQs as possible.
- Mock Tests: Once you’ve covered approximately half of the syllabus, start taking sectional and full-length mock tests to identify your strengths and weaknesses. Allocate more time to areas requiring improvement.
IRDAI Grade A 2024 Phase 2 Preparation Strategy
- English: Practice as many mock tests as you can to develop speed.
- ESI Impacting Insurance: Cover schemes related to insurance and social security in health, life, agriculture, retirement, and other underprivileged sectors of society. Prioritize practice on case-study based questions. Effectively manage time, considering the varying marks allotted to questions (24 and 4 marks). Practice as many mock tests as you can to improve speed.
- Insurance and Management: A solid understanding of insurance and management fundamentals is crucial for answering twisted questions. Practice extensively, including case-study based questions. Given the inclusion of questions from fringe management topics in the 2023 exam, incorporate these into your practice as well.
- Overall Phase 2 Strategy: Take mock tests that simulate the actual exam experience. This means taking all three papers in one day, just as you would in the real exam. This will help you build stamina and get used to sitting for long periods.
Preparation Tips for IRDAI Grade A 2024
Here are the preparation tips for the IRDAI Grade A 2024 exam:
- Allocate more time to weak areas while maintaining a balance with your strong subjects.
- Regularly practice mock tests for time management and exam simulation.
- Review your performance in mock tests, identify mistakes, and learn from them.
- Keep a separate notebook for important notes, examples, data, facts, and trends.
- Prioritize understanding over rote memorization.
- Stay physically active and maintain a healthy lifestyle for optimal performance.
Read IRDAI Assistant Manager 2024 preparation article for list of important topics and day wise study plan for the exam.
- PYQs of 2017
- PYQs of 2023
Best Books for IRDAI Grade A 2024 Preparation
Here are the best books and resources to prepare for the IRDAI Grade A exam:
Books for Phase 1 of IRDAI Grade A 2024
The subject-wise IRDAI Grade A booklist for Phase 1 is given below:
IRDAI Grade A 2024 Quantitative Aptitude Books | ||
Book | Author | Publisher |
How to Prepare for Quantitative Aptitude for CAT | Arun Sharma | McGraw Hill Edge |
IRDAI Grade A 2024 Reasoning Ability Books | ||
Book | Author | Publisher |
A Modern Approach to Verbal and Non-Verbal Reasoning | R.S. Agarwal | S Chand |
IRDAI Grade A 2024 English Books | ||
Books | Author | Publisher |
Objective English | SP Baksh | Arihant |
IRDAI Grade A 2024 General Awareness Books | |||
We are not suggesting any book here and providing the most effective resources for GA preparation. | |||
Topics | Websites | Newspapers | Magazines |
Static GK | News and Notifications of RBI, SEBI, PFRDA, IRDAI, Finance Ministry | The Hindu& Livemint | Weekly/Monthly Current Affairs Compilations/PDFs |
Current Affairs |
Following are purchase/access links for the listed resources.
- Reserve Bank of India (RBI)
- Securities and Exchange Board of India (IRDAI)
- Pension Fund Regulatory and Development Authority (IRDAI)
- Insurance Regulatory and Development Authority of India (IRDAI)
- Ministry of Finance
- The Hindu
- Livemint
Books for Phase 2 of IRDAI Grade A 2024
The subject-wise IRDAI Grade A 2024 booklist for Phase 2 is given below:
IRDAI Grade A 2024 Descriptive English Books | ||
Following are the recommended resources that you must study for descriptive English: Press Information Bureau The Hindu Livemint The Economist Business India |
IRDAI Grade A 2024 Insurance Books | ||
We are not suggesting any book here and providing the most effective resources for Insurance preparation. E-books available on the IRDAI Website IRDAI Annual Report ICSI insurance laws and practices |
IRDAI Grade A 2024 Management Books | ||
Books | Author | Publisher |
Principles and Practice of Management | L.M. Prasad | Sultan Chand & Sons |
Business Ethics and Corporate Governance | B.N Ghosh | McGraw Hill Education |
Other recommended resource
IRDAI Grade A 2024 ESI impacting Insurance Books | ||
We are not suggesting any book here and providing the most effective resources for ESI impacting Insurance preparation. IRDAI Annual Report 2022-23 Indian Insurance Industry Overview & Market Development Analysis Insurance Consumption and Economic Growth in the Post-Liberalized Era Macroeconomic Environment and Insurance Industry Development Economic Capital and the Assessment of Capital Adequacy Risk Transfer: A Strategy to Help Protect Your Business |
- PYQs of 2017
- PYQs of 2023
IRDAI Grade A Job Profile
IRDAI Grade A officers play a vital role in ensuring the security and stability of India’s insurance sector. Here’s a breakdown of their key responsibilities:
- Review data to ensure insurance companies follow the IRDAI regulations.
- Evaluate applications to grant licenses for new insurers and products.
- Study trends to suggest improvements for the insurance industry.
- Address grievances, investigate mis-selling, and promote transparency.
- Collaborate to create new regulations for the insurance sector.
- Meet with industry players to discuss developments and issues.
- Create programs to educate stakeholders on regulations and best practices.
- Use data to assess health and make informed decisions for the insurance industry.
- Clarify regulations for insurance companies and stakeholders.
- Work with other IRDAI departments to ensure smooth regulatory processes.
IRDAI Grade A Officer Promotions
Here’s a breakdown of the promotions that lie ahead of an IRDAI Grade A officer:
IRDAI Grade A Promotions | |
Grade | Position |
Grade A | Assistant Manager (You will join here) |
Grade B | Manager |
Grade C | Assistant General Manager |
Grade D | Deputy General Manager |
Grade E | General Manager |
Grade F | Chief General Manager |
– | Executive Director |
– | Whole Time Director |
– | Chairperson |
IRDAI Grade A Salary
- The starting basic pay for Grade A officers in IRDAI is ₹44,500 per month.
- With allowances like house rent allowance (HRA) and dearness allowance (DA), the gross monthly salary can reach approximately ₹1,46,000.
IRDAI Grade A Officer Lifestyle
- IRDAI Grade A assistant manager’s position provides a good lifestyle with a unique blend of work and leisure.
- With a competitive salary and a comprehensive benefits package, including various allowances and perks, IRDAI Grade A assistant managers have the financial freedom to maintain a good standard of living.
- The job offers a stable career path with opportunities for growth and advancement within the organization.
- PYQs of 2017
- PYQs of 2023
IRDAI Grade A 2024 Exam Centers
Here are the Phase 1, Phase 2, and interview centres for the IRDAI Grade A exam:
IRDAI Grade A 2024 Phase 1 Exam Centres
The IRDAI Grade A 2024 Phase 1, is generally conducted in various centers across India.
Click on the link, IRDAI Grade A 2024 Phase 1 Exam Centers, to know about the exam centers in detail.
IRDAI Grade A 2024 Phase 2 Exam Centres
Here are the centres for the IRDAI Grade A Phase 2 exam:
IRDAI Grade A Phase 2 Exam Centres | |||
Hyderabad | Kolkata | Mumbai/ Navi Mumbai/ Thane/ MMR region | Delhi/ NCR |
Click on the link: IRDAI Grade A 2024 Exam Centers, for detailed information.
IRDAI Grade A 2024 Application Fee
Here is the application fee/ intimation charges to apply for the IRDAI Grade A exam:
Category | Amount | Remarks |
SC / ST / PwBD | ₹100 | Only Intimation Charges |
Other than SC/ST/PwBD | ₹750 | Examination Fee and Intimation Charges |
Important Note: Candidates have to pay the requisite fees only through online mode.
How to Apply for the IRDAI Grade A 2024 Exam
Follow the below-mentioned steps to apply for the IRDAI Grade A 2024 exam.
Step 1
Visit the official website of IRDAI, i.e., https://irdai.gov.in/.
Step 2
Click on the “Career” tab from the top-right menu bar.
Step 3
Click on the link called “Recruitment for the post of Assistant Manager (2024)”.
Step 4
Now click on the link “Click here for New Registration” and enter the basic details against all the fields.
Step 5
A provisional registration number and password will be generated and you’ll receive them on the registered email address.
Step 6
Log in using the provisional registration number and password.
Step 7
Fill out all details in the application form and upload the required list of documents. Click on the “Save & Next” button.
Step 8
A preview section will open with all the details filled out by now. You need to verify your details and complete the registration.
Step 9
Click on the “Payment” Tab & proceed to pay.
Step 10
Take a printout of the application form and e-receipt for future reference.
How to Download IRDAI Grade A 2024 Admit Card
Here are the step-by-step instructions to download the IRDAI Grade A Assistant Manager 2024 admit card.
Step 1
Visit the official website of IRDAI, i.e., https://irdai.gov.in/.
Step 2
Click on the “Career” tab from the top-right menu bar.
Step 3
Click on the link “Download the IRDAI Grade A Assistant Manager 2024 Admit Card”.
Step 4
Fill in the login details like application number and password, and log in.
Step 5
IRDAI Assistant Manager admit card will appear on the screen.
Step 6
Download it and take its printout for future reference.
Follow the same procedure to download the admit card for the IRDAI Grade A Phase 2 exam.
- PYQs of 2017
- PYQs of 2023
IRDAI Grade A Result
- The IRDAI Grade A 2023 Phase 1 exam result was announced on 21 July 2023, and the Phase 2 result was announced on 30 August 2023.
- The final result was announced on 12 September 2023.
Click on the links below to download the IRDAI Grade A 2023 results.
Result | PDFs Links |
IRDAI Grade A 2023 Phase 1 | Download PDF |
IRDAI Grade A 2023 Phase 2 | Download PDF |
IRDAI Grade A 2023 Final | Download PDF |
IRDAI Grade A Training
- After passing the IRDAI Grade A officer’s exam, selected candidates undergo a training program.
- This training program is intended to familiarize newly appointed assistant managers with their roles and responsibilities in the insurance sector, enabling them to perform their duties effectively.
Conclusion
We have discussed all the essential information you need to navigate the IRDAI Grade A 2024 exam, which includes notification, exam dates, vacancies, eligibility criteria, pattern, syllabus, cutoff, result, and more. We hope this information will help you get a complete picture of the IRDAI Grade A exam, and you can prepare with confidence.