IRDAI Assistant Manager syllabus for 2024 is an invaluable resource if you’re preparing for the Grade A officer’s post.
With the latest decoded IRDAI Grade A syllabus at your disposal, you can learn more about the subjects and important topics around which questions will be framed in the exam. This can further help you choose the right study material, prioritize important topics, and create a focused study plan, enhancing your chances of clearing the IRDAI Grade A 2024 exam.
IRDAI Grade A Syllabus 2024
IRDAI Grade A exam is divided into 3 parts:
- Phase 1 (Qualifying in nature)
- Phase 2
- Phase 3 (Interview)
Here is the decoded IRDAI Grade A syllabus for Phase 1, Phase 2 and Phase 3:
IRDAI Grade A 2024 Syllabus for Phase 1
- The official recruitment advertisement for IRDAI does not mention the syllabus for Phase 1.
- To ease your mind and preparation, our experts have analyzed the previous year’s questions (PYQs) in-depth to come up with an exhaustive list of chapters and topics that you must cover for each subject.
IRDAI Grade A 2024 Phase 1 Syllabus | ||
Reasoning | Quant | English |
Alphabetical, Alphanumeric Series Coding & Decoding Syllogism Direction Sense Inequality Ranking Blood Relation Seating Arrangement Puzzles Machine Input Output Statement – Assumption Statement – Course of Action Cause and Effect Statement Argument Statement Conclusion Data Sufficiency | Percentage Profit & Loss Ratio & Proportion Simplification Interest Time & Work, Pipes Number Series Time, Speed & Distance, Trains & Boats Mixture Average Ages & Partnership Area & Volume Probability Data Interpretation Quadratic Equation | Parts of Speech Subject – Verb agreement Nouns Pronouns Tenses Modals Conditional Sentences Question Tag Preposition Complex Preposition Conjunction Articles Advance Verbs Adjective – Adverb |
General Awareness | |
Current Affairs National News: MoUs, summits, and major events related to India International: Summits and conferences held abroad Financial & Economics News Financial Awareness: RBI and SEBI notification and regulations Defence: Military exercises, drills, and major updates related to the defence sector of India Days in News: Major events or days, along with its date and theme Persons in News: Obituaries, appointments, and retirements Sports: Major tournaments and its winners Science, Technology, and Space Awards and Honours Environment Banking and Economy-Related News Reports and Government Schemes Books and Authors | Static Chief Ministers and Cabinet Ministers National Parks and Sanctuaries Airport Locations, Stadiums Organisations’ Headquarters Banks’ Headquarters and Taglines Power Plants in India Indian Dance Forms Countries Capitals and their Currencies Important Days |
- PYQs of 2017
- PYQs of 2023
IRDAI Grade A 2024 Syllabus for Phase 2
The Phase 2 of the IRDAI Grade A exam includes 3 papers:
- Paper I – English
- Paper II – Economic and Social Issues Impacting Insurance
- Paper III – Insurance and Management
Based on IRDAI’s official notification for 2024, here’s the detailed syllabus for the IRDAI Grade A Phase 2 exam:
Descriptive English Syllabus for IRDAI Grade A 2024 (Paper I)
Generally, 3 questions are asked from the following topics:
- Essay
- Precis Writing
- Comprehension and Business/Office Correspondence
ESI Impacting Insurance Syllabus for IRDAI Grade A 2024 (Paper II)
Here’s the detailed ESI Impacting Insurance syllabus as per the 2024 notification:
- Economic Growth, business cycles and insurance penetration, impact of age structure on economy, application of utility theory to insurance premium setting, macroeconomic factors including catastrophes and pandemics that may impact insurers and insurance markets.
- Economic capital and risk based capital requirements, economic impact of risk transfer arrangements including reinsurance, contribution of Insurance sector to sustainable and responsible development of economy, Insurance Investments in the Infrastructure sector.
- Economic reforms in India leading to Insurance sector reforms, Insurance regulation – financial and market conduct regulations, functions of IRDAI, role of an Actuary, de-tariffing in India, motor business and Indian experience, changing Insurance Regulations/Laws and FSLRC.
- Social structure in India, Insurance in rural and social sectors and obligations of Insurers thereto, Indian Micro-Insurance experience, Social security laws and implementation thereof. RSBY – Health insurance scheme for Below Poverty Line (BPL) families.
Based on our PYQ analysis, here are the important topics from the ESI Impacting Insurance syllabus:
- Economic Growth and Insurance Penetration
- Macroeconomic Factors impacting Insurance Sector
- Financial Markets (Part 1)
- Financial Markets (Part 2)
- Economic Capital and Economic Impact of Risk Transfer
- Contribution of Insurance Sector in Development
- Economic Reforms in India- Insurance Sector
- Insurance Regulation and Functions of IRDAI
- Changing Insurance Regulations or Laws
- Social Structures in India
- Social Security Laws and Implementation
- PYQs of 2017
- PYQs of 2023
Insurance and Management Syllabus for IRDAI Grade A 2024 (Paper III)
Here’s the detailed Insurance syllabus as per the 2024 notification:
- History of Indian Insurance, principles of Insurance.
- Risk and uncertainty, pooling and diversification of risk, Indemnity and Insurable interest.
- Legal foundations of Insurance, basics in Group/Health Insurance/Pensions; Intermediation: role in mobilizing savings, evolution of various types and Bancassurance in India.
- Functions performed by Insurers: Product design, pricing, distribution, underwriting, claims, Investment and Reinsurance.
- Insurance lines and products: Property-Liability, Life Insurance and Annuities and Health Insurance; Liability risks and Insurance, valuation and Solvency requirements, Specialist Insurance lines in India – Agricultural and Export Credit Guarantee; Reinsurance, GIC of India, obligatory cessions and retention of risk within the Country.
Based on our PYQ analysis, here are the important topics from Insurance syllabus:
- Basics, History and Principles of Insurance
- Risk and Uncertainty
- Legal Foundation of insurance and Types of Insurance Policies
- Intermediation in insurance
- Functions of Insurer and Emerging concepts of Insurance
- Insurance lines and products
- Specialist Insurance lines in India
- GIC and obligatory cession of India
Here’s the detailed management syllabus as per the notification:
- Its nature and scope
- Management Processes – Planning, Organisation, Staffing, Directing and Controlling; role of a Manager in an Organization
- Leadership: The tasks of a leader; leadership styles; leadership theories; A successful leader versus an effective leader
- Human Resource Development- Concept of HRD; Goals of HRD; Career Planning – Training and Development
- Performance Appraisal – Potential appraisal and development – feedback and performance counseling – rewards – employee welfare
- Motivation, Morale and Incentives: Theories of Motivation; How Managers Motivate; Concept of Morale; Factors determining morale; Role of Incentives in Building up Morale
- Communication: Steps in the Communication Process; Communication Channels; Oral versus Written Communication; Verbal versus non-verbal Communication; upward, downward and lateral communication; Barriers to Communication
- Role of Information Technology
- Corporate Governance: Factors affecting Corporate Governance; Mechanisms of Corporate Governance.
Based on our PYQ analysis, here are the important topics from the management syllabus:
- Motivation
- Communication
- Leadership
- General Management
- HRD
- Corporate Governance
- PYQs of 2017
- PYQs of 2023
IRDAI Grade A Syllabus for Interview (Phase 3)
The 3rd and final phase of the IRDAI Grade A exam is the interview. While there is no explicit mention of the interview syllabus in the notification, here are some important details you should know:
- Candidates will be shortlisted for Phase III (Interview ) based on the aggregate marks obtained in Papers I, II and III of Phase II – Descriptive examination only.
- The minimum cut-off marks for being shortlisted for Phase III – Interview shall be decided for each stream by IRDAI.
- The cut-off marks for each of the streams may be the same or different.
- Final selection shall be based on the performance and merit of the candidates in Phase II – Descriptive Examination and Phase III – Interview, taken together.
Here’s the direct link to view or download the syllabus for IRDAI Assistant Manager’s post: IRDAI Assistant Manager Syllabus PDF.
Conclusion
IRDAI Assistant Manager syllabus for 2024 gives you in-depth insights into the subjects and important topics of the exam. By learning about the subjects and important topics around which questions are asked in the IRDAI Grade A exam, you can customize your preparation strategy based on your strengths and weaknesses and boost your chances of clearing the exam.
- PYQs of 2017
- PYQs of 2023