IRDA Selection will be through three phases i.e
- Phase I – On-line Preliminary Exam
- Phase II – Descriptive Exam
- Phase III – Interview
Phase I – Online Preliminary Exam: This is a qualifying examination and the candidates for Actuarial, Finance, Law, IT, Research streams and General streams shall be shortlisted separately for Phase II. Marks secured in Phase I – On-line Preliminary Examination will not count for an interview or final selection
Phase 2 -Descriptive Examination: as per standards to be decided separately by IRDAI (approximately 20 times the number of vacancies subject to availability). And it comprises 3 Papers (Paper I, II and III).
Phase III – Interview: Candidates who have been shortlisted in Phase II – Descriptive Examination only will subsequently be called for an Interview.