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IRDAI Assistant Manager Salary 2026: Pay Scale, In-Hand Salary, Perks & Allowances

By Reena

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IRDAI Assistant Manager Salary 2026
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The IRDAI Assistant Manager Salary 2026 is one of the most attractive pay packages among regulatory body jobs in India. The Insurance Regulatory and Development Authority of India (IRDAI) offers a well-structured salary system with steady increments, premium allowances, and long-term job security.

Candidates selected as Assistant Managers receive a starting basic pay of ₹44,500 per month. When combined with allowances such as DA, HRA, CCA, Grade Allowance, and other benefits, the monthly in-hand salary can go up to ₹1,20,000–₹1,30,000, depending on posting location and eligibility.

IRDAI Assistant Manager Salary 2026: Key Highlights

ParticularsDetails
OrganizationInsurance Regulatory and Development Authority of India
Post NameAssistant Manager
Exam NameIRDAI Assistant Manager Exam 2026
CategorySalary
Basic Pay₹44,500
Pay Scale₹44,500–2,500(4)–54,500–2,850(7)–74,450–EB–2,850(4)–85,850–3,300(1)–89,150
Salary Growth Period17 Years
Approx. In-Hand Salary₹1.20 – ₹1.30 Lakh
Probation Period1–2 Years
Job LocationAcross India
Official Websiteirdai.gov.in

IRDAI Assistant Manager Salary Structure 2026

The salary structure of IRDAI Assistant Manager follows a progressive pay scale with regular increments over a span of 17 years. This ensures consistent income growth and financial stability.

IRDAI Assistant Manager Pay Scale Explained

StageBasic Pay (₹)IncrementDuration
Initial Pay44,500
After 4 Years54,500₹2,5004 Years
After Next 7 Years74,450₹2,8507 Years
Efficiency Bar (EB)74,450
After Next 4 Years85,850₹2,8504 Years
Final Stage89,150₹3,3001 Year

IRDAI Assistant Manager In-Hand Salary 2026

The in-hand salary of an IRDAI Assistant Manager is significantly higher than the basic pay due to multiple allowances.

Estimated Monthly Earnings

ComponentApprox. Amount (₹)
Basic Pay44,500
Dearness Allowance (DA)As per rates
House Rent Allowance (HRA)As per city
City Compensatory Allowance (CCA)Applicable cities
Grade AllowanceApplicable
Qualification AllowanceApplicable
Other BenefitsIncluded
Total In-Hand Salary₹1,20,000 – ₹1,30,000

Exact in-hand salary varies depending on posting city, DA rate, and eligibility for allowances.

IRDAI Assistant Manager Perks & Allowances 2026

Apart from the basic salary, IRDAI provides a comprehensive range of allowances and employee benefits, similar to top central government institutions.

Major Allowances & Benefits

  • Dearness Allowance (DA)
    Revised periodically to offset inflation.
  • House Rent Allowance (HRA)
    Provided based on city classification and accommodation status.
  • City Compensatory Allowance (CCA)
    Offered in metro and high-cost urban locations.
  • Grade Allowance
    Fixed allowance based on officer-grade level.
  • Qualification Allowance
    Extra allowance for relevant professional or academic qualifications.
  • New Pension Scheme (NPS)
    Contributory pension scheme ensuring post-retirement security.
  • Medical Benefits
    Comprehensive medical coverage for employees and dependents.
  • Leave Travel Concession (LTC)
    Travel reimbursement during approved leave periods.

IRDAI Assistant Manager Job Role & Responsibilities

An IRDAI Assistant Manager plays a key role in regulating and supervising India’s insurance sector.

Key Responsibilities

  • Assisting in policy formulation and regulatory implementation
  • Monitoring insurance companies and ensuring compliance
  • Addressing policyholder grievances
  • Educating the public about insurance rules and guidelines
  • Supporting research, inspections, and supervisory functions
  • Drafting reports and regulatory documents
  • Coordinating with government and financial institutions

This role combines administrative authority, regulatory responsibility, and public service.

IRDAI Assistant Manager Career Growth

IRDAI offers a clear and structured promotion hierarchy, ensuring long-term career advancement.

Promotion Path

  • Assistant Manager
  • Deputy Manager
  • Manager
  • Senior Manager
  • General Manager

Promotions are based on performance, experience, and departmental evaluations.

IRDAI Assistant Manager Probation Period

  • Initial Probation: 1 Year
  • Maximum Extension: Up to 2 Years

During probation, the candidate’s performance, discipline, and suitability are closely assessed. Confirmation is granted after successful completion.

IRDAI Assistant Manager Annual Package

Salary ComponentAmount
Monthly In-Hand Salary₹1.20 – ₹1.30 Lakh
Annual Package₹14 – ₹15 Lakh (Approx.)

This makes IRDAI Assistant Manager one of the highest-paying regulatory government jobs in India.

FAQs – IRDAI Assistant Manager Salary 2026

Q1. What is the basic pay of IRDAI Assistant Manager?
The basic pay is ₹44,500 per month.

Q2. What is the total in-hand salary of IRDAI Assistant Manager?
The in-hand salary ranges between ₹1.20 lakh to ₹1.30 lakh per month.

Q3. What is the pay scale of IRDAI Assistant Manager 2026?
₹44,500–2,500(4)–54,500–2,850(7)–74,450–EB–2,850(4)–85,850–3,300(1)–89,150.

Q4. What is the probation period for IRDAI Assistant Manager?
The probation period is 1 year, extendable up to 2 years.

Q5. Is IRDAI Assistant Manager a permanent government job?
Yes, it is a permanent regulatory authority position.

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