IRDA Junior Officer Selection Process

IRDA Junior Officer Selection process : Insurance Regulatory and Development Authority of India (IRDA) announces filling the posts of Junior Officer posts. These are to be filled through 3 phase examination which includes objective, subjective and interview. Here you can check the detailed selection process of IRDA Junior Officer posts.

IRDA Junior Officer Selection Process

Insurance Regulatory and Development Authority of India selects junior officers through three phases. In the objective type online exam, candidates have to select the answers from the given options while in descriptive test, they have to type their answers on the computer. Phase 3 is the interviews.
The IRDA Junior Officer selection process shall be as follows:
i) Phase I – On-line preliminary examination (Objective type). This is a qualifying examination to be eligible for Phase II. Through this, candidates for Actuarial, Accounting and Legal specializations and General vacancies will be shortlisted separately for Phase II On-line Descriptive examination as per standards to be decided separately by IRDAI. Marks secured in the Phase I - on-line preliminary examination will not count for interview or final selection.

ii) Phase II – On-line Descriptive examination comprising 3 Papers (Paper I, II and III)
iii) Phase III -- Interview.
Candidates for Actuarial, Accounting, Legal specialization and General vacancies will be short-listed for Phase III - Interview based on the aggregate marks obtained only in Phase-II Descriptive Examination – Papers I, II and III.

Final selection will be based on the performance of the candidates shortlisted under respective specialization in Phase-II Descriptive Examination and Phase III - Interview taken together.

IRDA Junior Officer selection process
The scores of Phase I - On-line preliminary Examination will be computed by adopting the following procedure:
i. There will be negative marks for wrong answers in the Objective tests.1/4th mark will be deducted for each wrong answer.
ii. Number of questions answered correctly by a candidate in each objective test is considered for arriving at the Corrected Score after applying penalty for wrong answers.
iii. The Corrected Scores so obtained by a candidate are made equivalent to take care of the minor difference in difficulty level, if any, in each of the objective tests held in different sessions to arrive at the Equated Scores*. *Scores obtained by candidates in any test are equated to the base form by considering the distribution of scores obtained in all examinations, if the examination is conducted in more than one session.
iv. Test-wise scores and scores on total is computed with decimal points up to two digits. Candidates are required to appear for all three papers in Phase-II examination in two sessions. Separate Admission letters will be issued for each session, one for the morning session – 3 hours examination and another for the afternoon session - 90 min examination, of Phase-II Descriptive examination. The time-table for Phase-II Descriptive examination will be intimated to the candidates concerned along with Admission Letter for Phase-II.

The Descriptive examination for Phase II will be held. Separate Admission letters will be issued for each phase. Within Phase II separate admission letters will be issued for each session.

Phase III - Interview:
Candidates who have been shortlisted in Phase-II Descriptive examination will subsequently be called for an Interview. At this stage, in respect of nine posts proposed to be filled up by the candidates with professional qualifications, the availability of suitable candidates with horizontal (inter-locking) reservation for each such earmarked specialization will be examined for decision by the competent authority. Exact venue, its address, time and date of interview will be notified later on IRDAI’s website and the shortlisted candidates for Interview shall download their call letters from IRDAI website.

Only such number of candidates will be called for interview who stand sufficiently high in order of merit in the aggregate marks of the Phase II Descriptive examination,
such merit being decided by IRDAI in relation to the number of vacancies to be filled in, under each specialization and General.

Final selection will be on the basis of candidate's performance in Phase II examination and interview (combined score) taken together in order of merit.

The weightage of Descriptive Examination and interview will be 85:15. The combined final score of candidates shall be arrived at on the basis of scores obtained by the candidates in the Descriptive examination and interview under each specialization.
IRDA Junior Officer Syllabus
So this is the IRDA Junior Officer selection procedure.