One of the most asked questions is how much is IRDAI Assistant Manager Salary? Where can we see IRDAI Assistant Manager Salary Slip? What is the IRDAI Assistant Manager Salary Structure? Well, we have covered all the important information in this blog. Along with the lucrative salary, IRDAI also provides various allowances, perks and benefits. The gross salary of IRDAI is higher than many other regulatory bodies.
IRDAI Assistant Manager Salary
IRDAI Assistant Manager Salary is credited after including various allowances to the basic pay. The aspirants who will be appointed under IRDAI Assistant Manager Recruitment must note that their basic pay will be Rs 44500. The pay scale for IRDAI Assistant Managers is Rs. 44500- 2500(4)- 54500- 2850(7)- 74450- EB- 2850(4)- 85850- 3300(1)- 89150 (17 years).
IRDAI Assistant Manager Salary 2024
Check out the overview of IRDAI Assistant Manager Salary below.
| Particulars | Details |
| IRDAI Grade A Basic Pay | Rs 44500 |
| IRDAI Grade A Pay Scale | Rs. 44500- 2500(4)- 54500- 2850(7)- 74450- EB- 2850(4)- 85850- 3300(1)- 89150 (17 years) |
| IRDAI Grade A Allowances | Dearness Allowance, House Rent Allowance, Qualification Allowance, City Compensatory Allowance, Grade Allowance and other perquisites as approved from time to time. |
| IRDAI Grade A Gross Emoluments | Rs. 1,46,000/- per month |
| Official Website | IRDAI |
Note: Selected candidates will be governed by the defined contribution New Pension Scheme (NPS). To get selection, you need to prepare well for the exam and two best sources of preparation are IRDAI Assistant Manager PYQs and IRDAI Assistant Manager Mock Test.
IRDAI Assistant Manager Probation Period
Every candidate wants to have growth in their career therefore it is very important to know what is the scope of career growth in the organization where the candidate will be appointed. The aspirants must note that they will be first appointed for a probationary period of 1 year which can be extended. The total period of probation shall be a maximum of two years from the date of joining the service.
IRDAI Assistant Manager Salary Structure 2024
The IRDAI Assistant Manager Salary is quite lucrative and impressive. The aspirants who will start their careers or join as IRDAI Assistant Managers will be enjoying several benefits. The basic salary will start from Rs 44500. For the detailed IRDAI Assistant Manager Salary Structure, the aspirants must check out the table given below:
| Time Period | Basic Pay (in Rs) | Increment (in Rs) |
| Starting Pay | Rs 44500 | Rs 2500 every year |
| After 4 Years | Rs.54500 | Rs. 2850 every year |
| After 7 Years | Rs 74450 | Rs. 2850 every year |
| After 11 Years | Rs 85850 | Rs. 3300 every year |
| After 12 Years to 17 years | Rs 89150 (Maximum Pay) | – |
IRDAI Assistant Manager Gross Salary
The IRDAI Assistant Manager Gross Salary has been revised. Check out the table below to know the previous and revised gross emoluments:
| IRDAI Assistant Manager Gross Emoluments (Old) | IRDAI Assistant Manager Gross Emoluments (Revised) |
| Rs. 1,30,000 | Rs. 1,46,000 (excluding qualification allowance, wherever applicable) |
IRDAI Assistant Manager Pay Scale 2024
Check out the pay scale as per the IRDAI Assistant Manager Notification in the table below:
| Post Name | IRDAI Assistant Manager Pay Scale |
| Assitant Manager/ Grade A | 44500-2500(4)54500-2850(7)-74450-EB-2850(4)-85850-3300(1)-89150(17 years) |
IRDAI Assistant Manager Allowances & Benefits
The allowances which the candidates get apart from the IRDAI Assistant Manager Salary when appointed as Assistant Managers are given below.
Candidates selected from for all streams will be placed in the Common Seniority and the seniority among these Officers will be fixed according to the ranking obtained by selected candidates.
IRDAI Assistant Manager Career Growth
There are reasonable prospects for promotion to higher grades. The IRDAI Assistant Manager Career Growth is promising. Promotions are typically based on performance, experience, and passing departmental exams. As you move up the ranks, you’ll gain more responsibilities, higher pay, and a broader scope of influence within the organization. Here is the IRDAI Assistant Manager Career Growth:
IRDAI Assistant Manager → Manager → Assistant General Manager → Deputy General Manager → General Manager → Executive Director → Chairman
IRDAI Assistant Manager Posting
The posting of the selected candidates can be in any of the Offices of IRDAI and they are liable to be transferred from one Department/Office to another during their period of service in IRDAI.
IRDAI Assistant Manager Salary Slip 2024
Well, as of now the 2024 IRDAI Assistant Manager Salary Slip is not available. We will update the slip here as and when we receive it.
IRDAI Assistant Manager Job Profile 2024
The IRDAI Assistant Manager Job Profile involves various responsibilities related to the regulation and development of the insurance industry in India. IRDAI is the regulatory body that oversees the functioning of insurance companies, ensures compliance with regulations, and promotes the growth and stability of the insurance sector in the country. Here are the key aspects of the job profile:
- Regulatory Compliance: IRDAI Assistant Managers are responsible for monitoring and ensuring that insurance companies adhere to the regulations and guidelines set by the authority.
- Licensing and Approvals: Assistant Managers handle the process of granting licenses to new insurance companies and approving various insurance products and policies.
- Market Research and Analysis: Assistant Managers may be involved in conducting research and analysis of the insurance market.
- Consumer Protection: Ensuring consumer protection is a significant aspect of the role.
- Policy Development: Assistant Managers may contribute to the development of new policies and regulations to address emerging challenges and opportunities in the insurance sector.
- Stakeholder Engagement: Assistant Managers interact with various stakeholders, including insurance companies, intermediaries, and industry associations.
- Training and Awareness: Assistant Managers may be involved in creating and delivering training programs and awareness campaigns for insurance companies, intermediaries, and consumers.
- Data Analysis: Analyzing data related to insurance operations, financial performance, and market trends is an essential aspect of the role.
- Policy Interpretation: Assistant Managers help interpret and clarify regulatory policies and guidelines for insurance companies and other stakeholders.
- Coordination: Assistant Managers collaborate with other departments within IRDAI to ensure smooth functioning of the regulatory processes.
How Can We Prepare for the IRDAI Assistant Manager Exam 2024?
Well, to crack the IRDAI Assistant Manager Exam you need to have a structured way of preparation. For the systematic and best preparation, we have come up with complete course which you can find by clicking on the link below:
Check out IRDAI Assistant Manager Complete Course
IRDAI Assistant Manager Salary, Allowances & Job Profile FAQs
The basic IRDAI Grade A Salary is Rs 44500.
The gross emoluments that the candidate gets are Rs 1,46,000 per month.
There are several allowances including Dearness Allowance, House Rent Allowance, Qualification Allowance, City Compensatory Allowance, Grade Allowance, and other perquisites as approved from time to time.
The candidates can be posted anywhere in India or abroad where IRDAI has its offices.
The range for IRDAI Assistant Manager Salary is from Rs 44500 to Rs 89150.
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