IRDAI Assistant Manager: Job related details

Job Profile:

First, recently nomenclature for the post has been changed from Junior officer to Assistant Manager. We were recruited as Junior officers last year.

In any organisation, Job profile actually depends upon which department you are allocated to. But generally as an Assistant Manager, one imp common task performed on daily basis is Preparation office notes. Preparation of office notes and getting it approved from higher management is typical of most of the government organisation.

What is office note:
Official receives a file/documents containing around 50 to 200 odd pages on your table . Decision making on that particular file actually rests with Higher management. Due to paucity of time, Higher management can not read each and every thing from that particular file. Here, you become the eyes, ears and philosopher for your higher management. You need to simplify the complexities involved inside file mainly through your writing skills.You need to make management's life simple while arriving at decision.In short, Office note is an official document where you will summarize the issues involved in particular file.

Writing skills are very much important for this work. Hence, descriptive pattern of phase 2 of this exam is much more relevant  considering work you need to do as an Assistant Manager.

Work here is of very specialized nature and may become monotonous once you understand nitty gritty of your job.

Work-Life Balance:

Its typical 9.30 to 5.30 office job. Hardly you need to sit after 6 o'clock in office. Saturday,Sunday will be entirely yours. During office hours, you wont feel much pressure of work. You wont feel exhausted at the end of office.I will easily rank this job as Top job if work life balance criteria  is to be considered.

Salary:

You will get around 67500/month in hand. This is including HRA of Rs 27K. IRDAI wont provide any type of accommodation to you. 
If all other allowances like sodexo, maid allowance, petrol allowance, etc are calculated monthly basis, you will get around 20K to 22K additional per month.

Career Prospects:

Hierarchy is like below:
Assistant Manager - Manager - Assistant General Manager - Deputy General Manager - General Manager- Chief General Manager- Executive Director.
On an average after 5 years you will be eligible for promotion.

But these things are time dependent.This career progression may change in future.

Transfer Policy:

Last year, all 23 Assistant Managers joined at Hyderabad only. Currently IRDAI has offices at Hyderabad, Mumbai and Delhi. Opening up of offices in other cities is under pipeline and make take few years.
Very negligible chances of getting posted or getting transfer in Delhi. Chances of getting transfer in Mumbai are comparatively good.

You will spend most of the time of your career in Hyderabad, considering recent organisational changes.

The training you will have after your selection will be one of the best training you would come across.

I can easily say that this job is definitely a dark horse amongst all the Finacial sector Jobs.This is one of the best jobs you can have considering work-life balance, Stability, Salary.

Request: Let us first crack this high profile,highly competitive exam and then discuss these issues in detail.Request you to focus now on exam related queries and avoid asking further on job related aspects. 

Thank you
Akshay Harishchandra Gholve