IRDA test eligibility

Guys, can you tell me the eligibility criteria for the Insurance Regulatory and development Authority test????

In the order to become Life Insurance Agent in India a candidate should pass Insurance Regulatory and development Authority. It is conducted by Insurance Institute of India. Following are the details of this examination:

Eligibility
The applicant should pass in the Class 12th examination from any recognized

Generally this examination covers following topics:

General insurance
Life insurance

General Insurance Topics:
Introduction to Insurance,
Principles of General Insurance,
Insurance Documents,
Theory and Practice of Rating,
Legislative and Regulatory Matters,
Fire Insurance,
Marine Insurance,
Motor Insurance,
Personal Accident Insurance,
Health Insurance,
Liability Insurance,
Engineering Insurance,
Miscellaneous Insurance-I and II,
Claims,
Rural Insurances,
Government Schemes For Social Sector,
Risk Management,
Personal Development,
Behavioral Aspects,
Fundamentals of Agency Law,
Procedure For Becoming An Agent,
Functions Of The Agent,
Salesmanship and Organization.

Life insurance topics:
Introduction to Insurance,
Fundamentals of Agency Law,
Legislative And Regulatory Matters,
Procedure For Becoming an Agent,
Functions Of The Agent,
Organization,
Fundamental Principles Of Life Insurance,
Financial Planning and Taxation,
Insurance Salesmanship,
Computation Of Premiums/Bonuses,
Insurance Documents,
Life Insurance Products,
Agency Commission Structure ,
Claims,
Insurance In The Rural / Social Sectors,
Group Insurance & Pension Plans,
Options,
Guarantees & Riders etc.

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Answered By StudyChaCha Member

Can any one give information about eligibility for Recruitment Test of IRDA for its various posts? If you have information about Eligibility, so please tell me.

Here I am giving information about Eligibility Criteria for following positions of IRDA for their recruitment test:

Deputy Director (General)
Age Limit: 45 Years
Education:
Graduate with Fellow of Insurance Institute of India, Mumbai or equivalent.
LLB Degree
Work Experience: 12 years of relevant experience in insurance sector
Pay Scale: 39850-1200(2)-42250-1300(9)-53950 (12 Years)

Deputy Director (Actuarial)
Age Limit: 45 Years
Education:
Graduate and Associate of Institute of Actuaries of India or equivalent
Work Experience: 12 years of relevant experience in actuarial issues in regulatory aspects
Pay Scale: 39850-1200(2)-42250-1300(9)-53950 (12 Years)

Assistant Director (General)
Age Limit: 35 Years
Education:
Graduate with Fellow of Insurance Institute of India, Mumbai or equivalent.
LLB Degree
Work Experience: 3 years of relevant experience in insurance sector.
Pay Scale:21000-1000(9)-30000-EB-1000(2)-32000-1100(4)-36400

Assistant Director (IT)
Age Limit: 35 Years
Education:
B.Tech in IT / CS / ECE with subjects such as Network / Systems / Data Mgmt / Security
Work Experience: 3 years of relevant experience in IT sector.
Pay Scale:21000-1000(9)-30000-EB-1000(2)-32000-1100(4)-36400

Assistant Director (Accounts)
Age Limit: 35 Years
Education:
Associate of Chartered Accountants of India
Work Experience: 3 years in relevant experience in related field.
Pay Scale:21000-1000(9)-30000-EB-1000(2)-32000-1100(4)-36400

Assistant Director (Actuarial)
Age Limit: 35 Years
5 papers of Institute of Actuaries of India or equivalent
Work Experience: 3 years in relevant experience in related field.
Pay Scale:21000-1000(9)-30000-EB-1000(2)-32000-1100(4)-36400

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Answered By StudyChaCha Member