IRDAI has announced the recruitment of 49 Grade A Assistant Managers for 2024. Understanding both IRDAI Assistant Manager Syllabus 2024 and exam pattern can help you prepare effectively. Candidates should be familiar with the exam pattern and syllabus to improve their chances of success. IRDAI exam pattern provides a complete overview of sections, number of questions, marks and time duration.
Candidates must cover each and every topic prescribed in the syllabus to ensure that they do not miss anything. The selection process for IRDAI Assistant Manager is divided into 3 stages: Online Preliminary Examination, Descriptive Examination and Interview.
IRDAI Assistant Manager Selection Process 2024
IRDAI Assistant Manager Selection Process includes the following steps:
- Step 1: Preliminary Exam
- Step 2: Descriptive Examination
- Step 3: Interview
- document verification
- medical examination
IRDAI Assistant Manager Exam Pattern
IRDAI Assistant Manager exam pattern will help the candidates understand the marking scheme, number of marks allotted to each question and time allowed. Knowing the IRDAI Assistant Manager Exam Pattern will guide the candidates to focus on their preparation effectively.
IRDAI Assistant Manager Phase 1 Exam Pattern
IRDAI Assistant Manager Prelims/Stage 1 exam is an objective type and qualifying exam. The Phase-I exam consists of an online test with multiple choice questions and consists of four subjects: Reasoning, English Language, General Awareness and Quantitative Aptitude. The examination is conducted in both Hindi and English languages.
- Duration: 90 minutes
- Number of questions: 160
- Total Marks: 160
- Each question: 1 mark
- Negative Marking: 1/4 mark for each wrong answer
- Candidates have to qualify each section separately and overall as per the cutoff marks for each examination.
Details of Stage 1 Exam Pattern
duration is 90 minutes
| section | total number of questions | Maximum. Mark |
|---|---|---|
| english language | 40 | 40 |
| ability to reason | 40 | 40 |
| Quantitative Aptitude | 40 | 40 |
| general awareness | 40 | 40 |
| Total | 160 | 160 |
IRDAI Assistant Manager Syllabus for Prelims
The syllabus is essential to have a good preparation strategy. Candidates can find below the detailed syllabus for Reasoning, General Awareness, Quantitative Aptitude and English Language.
IRDAI Syllabus for Prelims 2024
English
- reading comprehension
- fillers
- sentence correction
- Paragraph Jumbles
- Phrase Substitution/Phrase Correction
- match columns
- word swap
- word rearrangement
- for idioms
- vocabulary
- error detection
- cloze test
- spelling
- antonyms
- Synonyms
ability to reason
- seating arrangement
- puzzles
- sense of direction
- syllogism
- blood related
- coding-decoding
- Order and Ranking
- inequality
- problem solving
- alpha-numeric-symbol-series
- Machine Input-Output
- data adequacy
- Logical Reasoning: Paragraph Inference, Statement, Inference, Conclusion, Argument
- visual memory
- Analysis and Decision
- Overview
- concepts
- Similarities
- space visualization
- Discrimination
- Verbal and Figure Classification
- decision making
general awareness
- current events
- Current Affairs (National and International)
- Budget
- Awards and Honors
- Science and Technology News
- National and International Organizations
- Books and Authors
- Major Financial/Economic News
- sports news
- Central government schemes
- Schemes and Conferences
- Agreement/MOU
- Banking and Financial Awareness
- important appointments
- rank/report/index
- Obituaries
- important days
- short form
Quantitative Aptitude
- simplification or approximation
- number series (missing or incorrect)
- quadratic equation
- data interpretation
- data adequacy
- Quantity Comparison (Q1 and Q2)
- arithmetic
- ratio and proportion
- TO PERCENTAGE
- problems over the ages
- Possibility
- time and work
- time and distance
- simple interest
- compound interest
- average
- profit and loss
- mix and charge
- permutation and combination
- linear equation
- measurement
- number system
IRDAI Assistant Manager Phase 2 Exam Pattern
IRDAI Assistant Manager Main Exam is a descriptive paper. The main examination consists of three papers: Paper I (English), Paper II (Economic and Social Issues), and Paper III (Insurance and Management). Candidates will answer the questions on paper, which will be shown on the computer.
- Each paper is of 100 marks
- Duration of each paper: 1 hour
| Subject | total marks | Time |
|---|---|---|
| Paper I: English | 100 | 60 minutes |
| Paper II: Economic and Social Issues Affecting Insurance | 100 | 60 minutes |
| Paper III: Insurance and Management | 100 | 60 minutes |
| Total | 300 | 180 minutes |
IRDAI Assistant Manager Syllabus for Mains
The detailed IRDAI Assistant Manager syllabus for Stage 2 (Main) exam is given below. Candidates should review it carefully to prepare for the exam.
descriptive english
- Essay
- precise writing
- Understanding
- Business/Office Correspondence
economic and social issues
- Economic growth, business cycles, and insurance penetration
- Impact of age structure on economy
- Application of utility principle in insurance premium determination
- Macroeconomic factors including disasters and pandemics
- financial markets and institutions
- Economic Capital and Risk-Based Capital Requirements
- Contribution of insurance sector in sustainable development
- Insurance investment in infrastructure sector
- economic reforms in india
- Insurance Sector Reforms and Regulations
- social structure in india
- Insurance in rural and social areas
- Indian Micro-Insurance Experience
- Social Security Law 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
- Group/Health Insurance/Pension Basics
- 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: Functions, Styles and Theories
- human resource development
- performance appraisal
- Motivation, morale and encouragement
- Communications
- Role of Information Technology
- corporate governance
irdai assistant manager interview
Candidates must obtain the minimum cut-off marks in the Stage 2 Descriptive Examination to be shortlisted for the Personal Interview round. Final merit list for IRDAI Assistant Manager Exam will be based on the performance of the candidates in Descriptive Test and Interview with weightage of 85:15.
IRDAI Assistant Manager Preparation Tips
- Know the syllabus and exam pattern: Familiarize yourself with the syllabus and exam pattern to manage your time effectively and cover all the important topics.
- make a study plan: Develop a study plan based on your schedule and strengths, allocating more time for weak areas.
- focus on accuracy: Give priority to accuracy over number of attempts to avoid losing marks due to negative marking.
- practice descriptive writing: Practice writing essays, summaries, and other descriptive work while ensuring well-structured responses.
- take mock test: Participate in mock tests regularly to assess your preparation level and identify areas that need improvement.
- solve previous year papers: Review previous year question papers to understand the question pattern and difficulty level.
- revise regularly: Regular revision will strengthen your learning and increase your confidence for the exam.
