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IRDAI Assistant Manager 2024 Syllabus and Exam Pattern, Best for you

IRDAI Assistant Manager 2024 The IRDAI has announced the hiring of 49 Assistant Grade A Managers for 2024. Knowing the Assistant Manager’s course 2024 as well as the exam format can assist you in your preparation. Candidates must be familiar with the exam format and syllabus to increase their chances of achieving success. It is important to know the IRDAI Exam Pattern provides a an exhaustive overview of the sections including the amount of tests, the marks and the time limit.

Candidates must study each subject stipulated within the course to make sure they don’t leave anything out. The process of selection for the post of IRDAI Assistant Manager position is split into three phases The three stages are The Online Preliminary Examination, the Descriptive Examination and the Interview.IRDAI Assistant Manager 2024 Syllabus and Exam Pattern

IRDAI Assistant Manager Selection Process 2024

This IRDAI assistant manager selection procedure comprises the following steps:

  • Phase 1: Preliminary Exam
  • Phase 2: Descriptive Exam
  • Phase 3: Interview
  • Document Verification
  • Medical Examination

IRDAI Assistant Manager Exam Pattern

It is the IRDAI Assistant Manager test pattern can help candidates comprehend the marking scheme and the number of marks allocated for each question, as well as the duration allowed. Knowing the IRDAI Assistant manager exam pattern can help applicants in preparing efficiently.

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IRDAI Assistant Manager Phase 1 Exam Pattern

It is the IRDAI Assistant Manager prelims/phase I test is an objective type and qualifying exam. The Phase I exam is an online test that has multiple-choice questions. It covers four topics: Reasoning, English Language, General Awareness Quantitative Aptitude and General Awareness. The test is offered with both Hindi and English languages.

  • Duration 90 minutes
  • Number of Questions: 160
  • Total Marks: 160
  • Each Question: 1 mark
  • Positive Marking: 1/8th marks for each wrong answer
  • Candidates must pass each test separately and cumulatively as per the cutoff marks for each test.

Phase 1 Exam Pattern Breakdown

The duration is 90 minutes

SectionTotal No. of QuestionsMax. Marks
English Language4040
Reasoning Ability4040
Quantitative Aptitude4040
General Awareness4040
Total160160

Also Read — IRDAI Assistant Manager Salary 2024

IRDAI Assistant Manager Syllabus for Prelims

The syllabus is vital to a successful preparation plan. Candidates can access the comprehensive syllabus for Reasoning QAP, General Awareness along with English Language below.

IRDAI Syllabus For Prelims 2024

English

  • Reading Comprehension
  • Fillers
  • Sentence Improvement
  • Paragraph Jumbles
  • Phrase Replacement/Phrase Correction
  • Match the Column
  • Word Swap
  • Word Rearrangement
  • Idioms
  • Vocabulary
  • Error Detection
  • Cloze Test
  • Spellings
  • Antonyms
  • Synonyms

Reasoning Ability

  • Seating Arrangement
  • Puzzles
  • Direction Sense
  • Syllogism
  • Blood Relation
  • Coding-Decoding
  • Order and Ranking
  • Inequalities
  • Problem Solving
  • Alpha-Numeric-Symbol Series
  • Machine Input-Output
  • Data Sufficiency
  • Logical Reasoning: Passage Inference, Statement, Assumption, Conclusion, Argument
  • Visual Memory
  • Analysis and Judgment
  • Observation
  • Concepts
  • Similarities
  • Space Visualization
  • Discrimination
  • Verbal and Figure Classification
  • Decision Making

General Awareness

  • Current Events
  • Current Affairs (National & International)
  • Budget
  • Awards and Honors
  • Sciences & Technology News
  • National & International Organizations
  • Books and Authors
  • Major Financial/Economic News
  • Sports News
  • Central Government Schemes
  • Schemes & Conferences
  • Agreements/MoUs
  • Banking & Financial Awareness
  • Important Appointments
  • Ranks/Reports/Indexes
  • Obituaries
  • Important Days
  • Abbreviations

Quantitative Aptitude

  • Simplification or Approximation
  • Number Series (Missing or Wrong)
  • Quadratic Equation
  • Data Interpretation
  • Data Sufficiency
  • Quantity Comparison (Q1 & Q2)
  • Arithmetic
  • Ratio & Proportion
  • Percentage
  • Problems on Ages
  • Probability
  • Time & Work
  • Time & Distance
  • Simple Interest
  • Compound Interest
  • Average
  • Profit & Loss
  • Mixtures & Allegations
  • Permutation & Combination
  • Linear Equation
  • Mensuration
  • Number System

IRDAI Assistant Manager Phase 2 Exam Pattern

This IRDAI Assistant Manager Exam Exam can be described as a descriptive exam. The exam is comprised of three parts which are Paper I (English) and Paper II (Economic and Social issues) Paper III (Insurance and Management). Candidates must be asked to answer questions on paper that are displayed on the computer.

  • Each paper will be worth 100 marks
  • Time for each paper: 1 hour
SubjectTotal MarksTime
Paper I: English10060 minutes
Paper II: Economic and Social Issues Impacting Insurance10060 minutes
Paper III: Insurance and Management10060 minutes
Total300180 mins

IRDAI Assistant Manager Syllabus for Mains

The complete IRDAI assistant manager syllabus that is applicable to the phase II (mains) examination is available below. Candidates are advised to study it thoroughly to prepare for the exam.

Descriptive English

  • Essay
  • Precis Writing
  • Comprehension
  • Business/Office Correspondence

Economic and Social Issues

  • Economic Growth, Business Cycles, and Insurance Penetration
  • Impact of Age Structure on the Economy
  • Application of Utility Theory to Insurance Premium Setting
  • Macroeconomic Factors Including Catastrophes and Pandemics
  • Financial Markets & Institutions
  • Economic Capital and Risk-Based Capital Requirements
  • Insurance Sector’s Contribution to Sustainable Development
  • Insurance Investments in the Infrastructure Sector
  • Economic Reforms in India
  • Insurance Sector Reforms and Regulations
  • Social Structure in India
  • Insurance in Rural and Social Sectors
  • Indian Micro-Insurance Experience
  • Social Security Laws and Implementation
  • Insurance and Management

Insurance Related Topics

  • History of Indian Insurance
  • Principles of Insurance
  • Risk and Uncertainty
  • Pooling and Diversification of Risk
  • Indemnity and Insurable Interest
  • Legal Foundations of Insurance
  • Basics of Group/Health Insurance/Pensions
  • Intermediation and Bancassurance
  • Functions Performed by Insurers
  • Insurance Lines and Products
  • Specialist Insurance Lines in India

Management Related Topics

  • Nature and Scope of Management
  • Management Processes: Planning, Organization, Staffing, Directing, and Controlling
  • Leadership: Tasks, Styles, and Theories
  • Human Resource Development
  • Performance Appraisal
  • Motivation, Morale, and Incentives
  • Communication
  • Role of Information Technology
  • Corporate Governance

IRDAI Assistant Manager Interview

Candidates must achieve the minimum score in The Phase 2 descriptive test to be selected to be selected for an interview. Personal Interview round. Final merit lists of IRDAIAssistant Manager exam IRDAIAssistant manager test will be based on candidates’ performance during both the Descriptive Examination and the Interview with an 85:15 weightage.

IRDAI Assistant Manager Preparation Tips

Revise regularly Revision on a regular basis will improve your understanding and increase your confidence to pass the test.

Study the Syllabus along with the Exam Pattern Be familiar with both the syllabus and examination format to be able to efficiently manage your time and learn about all the most important topics.

Create Study Plans Create a plan of study according to your schedule and strengths, allowing more time to areas that are weaker.

Concentrate on accuracy Prioritize accuracy over the number of attempts in order to prevent losing marks because of negative marking.

Exercise Descriptive Writing Practice writing essays, outlines, and other tasks that require descriptive writing to ensure the best-structured responses.

Make Mock Tests Participate regularly in mock tests to gauge your proficiency and highlight areas that require improvement.

Solve Old Year Papers Review the previous year’s questions to comprehend the pattern of questions as well as difficulty levels.

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