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The IRDA 2024 exam date for the Assistant Manager post has been announced by the officials. The Prelims Phase 1 exam is scheduled for Nov 6, 2024, while the Phase 2 Mains exam will be held on Dec 21, 2024. The admit card will be released a week or ten days before the exam date.
The IRDA exam notification was released on the official website for the Grade A Assistant Manager post on August 21, 2024. The last date to apply was September 20, 2024. The opening was for different departments, such as Actuarial, Generalist, Research, IT, Law, and Finance. The candidates were supposed to print their applications from the website until Oct 5, 2024.
The selection of the candidates will be done through a three-step process- prelims, mains, and interviews. The selected candidates will get a gross pay of Rs.1,46,000/-
IRDA is one of the first general insurance companies to be established in India. IRDA exam sets the rules, regulations, and guidelines for Indian Insurance Companies. It regulates fair practices to protect the customers' interests in the Insurance market. The results of the IRDA exam 2024 are expected to be announced soon.
IRDA Exam Date 2024
IRDA Exam date 2024 for the Assistant Manager post has been announced by the officials. The commission has announced the Prelims and Mains exam date altogether. The candidates who have filled out the application forms are advised to check and mark the IDRA exam date 2024 for their reference.
Events of the IRDA Exam | Dates |
Beginning of Online Application | Aug 21, 2024 |
Last date of Online Application | Sep 20, 2024 |
Slot Booking | Oct 2024 |
IRDA Exam Dates |
Prelims: Nov 6, 2024 Mains: Dec 21, 2024 |
IRDA Result 2024 | Nov 2024 |
IRDA Exam 2024 Hall Ticket
IRDA exam 2024 slot booking will open for candidates after the aforementioned process. Candidates will have to download the IRDAI admit card 2024 from the official website.
IRDA exam authority will not be sending the IRDA Hall Ticket 2024 to the candidates via post/courier. Hence, the candidates should download the IRDA exam admit card as long as there is a deadline to download that. Candidates must bring the IRDA Admit card along with a valid photo identity proof such as a Voters ID, Driving License, Passport, Aadhar card etc to the exam centre
Contents of IRDA Exam Hall Ticket 2024
The IRDA Exam Hall Ticket of the candidate will have the following information on it:
- Name of the Candidate
- Father's Name
- Name of the allotted exam centre
- Address of the allotted exam centre
- Exam centre code
- Photograph of the candidate
- Signature of the candidate
How to Download IRDA Admit Card 2024?
To download the IRDA Exam 2024 Hall Ticket, candidates must follow these steps:
- Step 1: Visit the official website of IRDA.
- Step 2: Search for the link "IRDA 2024 Admit Card Download."
- Step 3: Enter login credentials.
- Step 4: Download the admit card & take the printout of the same.
IRDA Exam Pattern 2024
Candidates appearing for the IRDA exam 2024 must have a clear idea about the pattern of both the Prelims and Mains exams. They must know the types of questions, marking scheme, exam duration, and other patterns before attempting the paper.
The IRDA Exam 2024 pattern is set by the conducting body of the IRDA exam. The IRDA exam pattern 2024 comprises three stages
- Phase I: Prelims Exam
- Phase II: Mains Exam
- Phase III: Interview
IRDA Prelims Exam Pattern
- The IRDA 2024 Prelims exam is an online objective-type exam. A total of 4 sections in each section comprises 40 questions.
- Candidates can write the paper in these two languages: Hindi or English except for the English Language Section.
- +1 mark is awarded for each correct answer. There will be a deduction of 1/4 mark for every wrong response.
Sections | Number of Questions | Marks | Duration |
Reasoning | 40 | 40 | 90 minutes |
English Language | 40 | 40 | |
Quantitative Aptitude | 40 | 40 | |
General Awareness | 40 | 40 | |
Total | 160 | 160 |
IRDA Mains Exam Pattern
- The IRDA 2024 Mains exam paper is of descriptive type. It comprises 3 sections which need to be completed in 3 hours.
- Phase III of the IRDA exam is an interview/personality test.
- Candidates will be shortlisted for interviews based on the overall marks obtained in the three sections of Phase I.
- The final selection will be made based on marks obtained in Phase II & Interview round.
Sections | Marks | Duration |
English | 100 | 3 hours |
Economic & Social Issues Impacting Insurance | 100 | |
Insurance & Management | 100 | |
Total | 300 |
IRDA Exam Syllabus 2024
Candidates must have a clear idea about the IRDA 2024 Exam Syllabus. The Insurance-related questions in the IRDA exam will be based on the following topics or syllabus.
Other than the insurance questions, the IRDA Exam syllabus also comprises English language, quantitative aptitude, reasoning, general awareness, etc.
Common Chapters
- Introduction to Insurance
- Customer Service
- Grievance Redressal Mechanism
- Regulatory Aspects of Insurance Agents
- Legal Principle of an Insurance Contract
Life Insurance
- What Life Insurance involves
- Financial Planning
- Life Insurance Products 1 and 2
- Applications for Life Insurance
- Pricing and valuation in Life Insurance
- Documentation- Proposal Stage and Policy condition
- Underwriting
- Payments under a Life Insurance Policy
Health Insurance
- Introduction to Health Insurance
- Insurance Documentation
- Health Insurance Products
- Health Insurance Claims
- Health Insurance Underwriting
Other Insurance-Related Topics
- Providing Technical Product Information
- Providing professional advice
- Fulfilling legal and regulatory requirements
- Understanding Customer Protection and Ethics
Read More: IRDAI Exam Syllabus
IRDA Exam 2024 Centres
Students can find the nearest possible exam centre located at their location by going to the official website of the Insurance Institute of India (iiiexams.org).
To check the nearest location of the exam centre, students will need to input the PIN code of their location. Afterwards, it will display the test centres with their codes. Candidates must choose the exam centre of their choice at the time of filling out the application form.
IRDAI Exam Centres | |||
---|---|---|---|
Adilabad | Dibrugarh | Malda | Tirunelveli |
Agartala | Dimapur | Mandi | Tirupathi |
Agra | Dungarpur | Mandsaur | Trichy |
Ahmedabad | Durgapur | Mangalore | Tumkur |
Ahmednagar | Eluru | Meerut | Udaipur |
Aizawl | Etawah | Moradabad | Valsad |
Ajmer | Faizabad | Motihari | Varanasi |
Akola | Ferozepur | Mumbai Andheri | Vellore |
Aligarh | Gandhidham | Muzaffarpur | Vijaywada |
Allahabad | Gandhinagar | Mysore | Vizag |
Almora | Gangtok | Nagaur | Vizianagaram |
Alwar | Gaya | Nagpur | Warangal |
Amaravati | Golaghat | Nalgonda | Yamunanagar |
Amreli | Gorakhpur | Nanded | Azamgarh |
Amritsar | Gulbarga | Nashik | Ballia |
Anantapur | Guna | Navi Mumbai | Balurghat |
Ankleshwar | Guwahati | Nellore | Baragarh |
Arrah | Gwalior | Nizamabad | Barpeta |
Aurangabad | Haldwani | North Lakhimpur | Baruipur |
Bagalkot | Hassan | Ongole | Bhilwara |
Balangir | Hazaribaug | Orai | Bulandshahar |
Bangalore | Hissar | Palanpur | Contai |
Bankura | Hoshangabad | Panjim | Cuttack |
Banswara | Hoshiarpur | Parbhani | Dindigul |
Barddhaman | Howrah | Pathanamthitta | Erode |
Bareilly | Hubli | Pathankot | Faridabad |
Barmer | Hyderabad | Patiala | Gondia |
Baroda | Imphal | Patna | Guntur |
Barwani | Indore | Pondicherry | Jaisalmer |
Bathinda | Itanagar | Port Blair | Jalna |
Beed | Jabalpur | Pratapgarh | Kaithal |
Begusarai | Jagdalpur | Pune | Kalyan |
Belgaum | Jaipur | Purnea | Mehsana |
Bellary | Jalandhar | Purulia | Munger |
Berhampore | Jalgaon | Raichur | Muzaffarnagar |
Berhampur | Jammu | Raipur | Namakkal |
IRDA Mock Test 2024
Candidates can take a mock test for the IRDA exam 2024 to know the pattern of the examination. The original IRDA exam will have questions with 5 possible options. It will be a multiple-choice question (MCQ) paper.
The candidates can apply for the IC 38 mock test at iiiexams.org/demoexams/examDetails.html.
IRDA Exam 2024 Result
IRDA exam result 2024 will be declared by the IRDA authorities. The result will be declared in the form of a merit list. Candidates will be able to download their scores from the official website.
How to Download IRDA Result?
To download the IRDA 2024 result, candidates must follow the step-by-step process given below:
- Step 1: Candidates need to visit the official website of IRDA - www.irdai.gov.in
- Step 2: On the home page, search for the IRDA Result 2024. A new page will be redirected where candidates need to enter their credentials.
- Step 3: The IRDA exam merit list will be displayed on the screen. Candidates must download and take a printout of the result for future reference.
About IRDA Exam
IRDA stands for the Insurance Regulatory Development Authority of India. IRDA was introduced in August 2000. It was established to develop the Insurance sector and provide financial support to the Indian household. IRDA is the supervisory body that regulates all the insurance companies in India, including both Life insurance & General insurance companies.
While monitoring all these activities, IRDA also observes and regulates the development of these industries. IRDA Exam is conducted to recruit Insurance agents for various insurance companies. IRDA exam is also known as the Insurance Agent Exam or IC-38 exam.
Qualifying IRDA Exam 2024 will get an applicant a License of Insurance valid for 3 years. After the expiry of that license, that candidate will need to attend a 25-hour physical training course to extend it to 3 years. They will be issued a Renewal Certificate for it.
Roles & Responsibilities of IRDA
- To safeguard the interest of policyholders.
- Keeps a check on scams and fraud by setting standards and conducting vigilance.
- Ensure fair dealing in the market.
- Regulates the development of other Insurance Companies to benefit the customers who are investing in policies seeking safety.
IRDA Posts Offered
The list of posts for which the IRDA exam 2024 is conducted is given below.
- Assistant Manager
- Manager (Grade B)
- Assistant General Manager (Grade C)
- Deputy General Manager (Grade D)
- General Manager (Grade E)
IRDA Exam Highlights
Exam name | IRDA Exam |
Full Form | Insurance Regulatory and Development Authority Exam |
Conducting Authority | Insurance Regulatory and Development Authority of India |
Mode of Exam | Online |
Number of Questions | 50 |
Time Allotted | 1 hour |
Maximum Marks | 50 marks |
Official Website | irdai.gov.in |
IRDA Application Form 2024
IRDA Exam registration 2024 window is open for the candidates to begin applying for the Assistant Manager post. The opening is for a total of 49 seats for different disciplines, such as Actuarial, Generalist, Research, IT, Law, and Finance. The application process commenced on Aug 21, 2024. The last date to apply for the same is Sep 20, 2024.
The candidates can print their applications from the website until Oct 5, 2024. The candidates are advised to follow the details shared below to fill out the IRDAI application form 2024.
IRDA Exam Fee Online Payment 2024
Candidates will have to pay the IRDA Exam fees of Rs 500 and Rs 500 Examination fees per subject. Candidates will need to type the unique registration number (URN) and then they will be redirected to the page on which they have to pay the IRDA exam fee via Credit/Debit Card/Net Banking.
More than 35 bank options will be present for the NSEIT online payment of the fee. Transaction fees and Service Tax will apply to the IRDA exam payment of fees as per the bank norms. After the IRDA exam payment is successfully done online, candidates will receive the IRDA exam 2024 schedule the next day.
Steps to Apply for IRDA 2024 Exam
Candidates willing to apply for the upcoming exam must follow the steps shared below:
- Step 1: Visit the official website of IRDA irdai.gov.in
- Step 2: Go to the homepage and select the "Employment" tab.
- Step 3: Select "Recruitment for the role of Assistant Manager" from the menu.
- Step 4: Now, click on the "New Registration" option.
- Step 5: Fill out the required details to register yourselves.
- Step 6: Upload the relevant scanned documents as per the specifications.
- Step 7: Pay the application fee as per the category.
- Step 8: Submit the application form.
- Step 9: Download and print the application form for further use.
Read More: IDRA Application Form 2024
IRDA Exam 2024 Eligibility
Candidates who are applying for the IRDAI 2024 exam should check the eligibility criteria before registering. The educational qualification and age limit criteria to be eligible for the IRDA Recruitment 2024 are given below.
IRDA Educational Qualification
A candidate should have qualified 10+2 class in the case of urban areas. In the case of rural areas, the candidate's class 10th marks will be considered. Candidate has to be 10th class pass if he/she lives in a rural area with a population of less than 5000.
IRDA Age Limit
- The candidate's age must be above 18 years.
- There is no upper age limit to apply for the IRDA exam 2024.
IRDA Reservation Criteria
Candidates belonging to the reserved category have few relaxations in the upper age limit. The details are given below.
- Scheduled Caste(SC)/Scheduled Tribe(ST)- 5 years
- Other Backward Caste(OBC) category- 3 years
- PwD candidates- 10 years
IRDA Contact Details
In case of any queries/doubts related to the IRDA exam and recruitment, candidates can contact at the given address below.
- Address: Insurance Regulatory and Development Authority of India, Hyderabad (Head Office), Sy No.115/1, Financial District, Nanakramguda, Gachibowli, Hyderabad-500032
- Phone: Ph: (040) 20224000
- Email: tech.support@nseit.com (Monday to Saturday between 9:30 AM to 5:30 PM)
FAQs on IRDA Exam
Q: How to become an IRDAI Insurance Agent?
A: To become an Insurance Agent, candidates should have qualified the IC 38 IRDA Exam.
Q: Who conducts IRDA Pre Recruitment Exam?
A: Insurance Institute of India conducts the IRDA Exam on the behalf of Insurance Regulatory and Development Authority.
Q: To become an IRDAI Insurance Advisor, what are the eligibility criteria?
A: As per the Regulation 4 of the IRDA (licensing of Insurance Agents), in an urban area, candidates who have qualified 12th are eligible to apply. While in rural areas, candidates who have qualified 10th are eligible to apply if the population is less than 5,000.
Q: Does a candidate need to attend the IRDAI training?
A: It is mandatory for the candidates to attend 50-hours training from an IRDA approved training institution in order to act as a Life or General Insurance Agent. In case, the candidate is applying for the license for the first time to act as an agent will require to complete a traning of 75 hours.
Q: How will the IRDA Exam be conducted (Online or offline)?
A: IRDA Exam will be conducted Online only. No exam will be conducted offline for IRDA.
Q: What will the validity of IRDA IC 38 Certificate be?
A: The validity of the certificate will be for a period of three years.
Q: Do I need to write the IRDA Exam again after the validity of my certificate has expired?
A: No, the candidates need not to write the IC 38 Exam for renewal of their license. They just need to get a practical training of 25 hours in order to renew their license after a chunk of 3 years.
Q: How many seats are there for the IRDAI Assistant Manager Recruitment 2024?
A: The opening is for a total of 49 seats for various disciplines such as Actuarial, Finance, Generalist, Research, IT, and Law.
Q: What is the application date for the IRDAI Recruitment 2024?
A: The application process commenced on Aug 21, 2024. The candidates can apply till the last date, i.e., Sep 20, 2024. While, the candidates can print their application till Oct 5, 2024.