How to Crack the IRDAI Assistant Manager Exam 2024 in First Attempt

IRDAI Assistant Manager exam will be conducted on 6th November 2024. That means the candidates who are preparing to face the exam have only a handful of days with them to practice and revise well. IRDAI (Insurance Regulatory and Development Authority of India) Assistant Manager Exam is one of India’s most sought-after and competitive regulatory exams. Candidates aiming for a career as an insurance advisor by clearing the IRDAI AM exam 2024 exam in the first attempt must be dedicated and strategize their exam preparation to succeed. This blog provides you with the best tips, tricks important topics, and mock tests you need to succeed. Take a free mock test and discover how to clear the IRDAI Grade A 2024 exam on your first attempt.

IRDAI Assistant Manager Exam Preparation and Revision Strategies

Candidates who want to clear the IRDAI Assistant Manager exam 2024 to start their preparation. Here are some useful and detailed tips to prepare for the exam: 

1.      Go Through the Syllabus Properly

The exam has two phases. In Reasoning, English, Quantitative Aptitude, and General Awareness tests, phase I comes first. Phase II is descriptive and deals with English, Economic & Social Issues, & Insurance & Management. If you know the syllabus, then you will easily plan for your study time properly.

2.      Plan Your Revision Well

The revision plan should be crafted taking into consideration the most important topics of the syllabus of the exam. Concentrate on areas of your strengths. Create a daily and hourly schedule, and don’t forget to include the time for revision and mock test practice.

3.      Master Reasoning and Numeracy Skills

First, practice easy questions from the Reasoning and Quantitative Aptitude sections, then attempt difficult sections like puzzles and data analysis abilities. To develop speed, pay attention to speed. Also, practice while also aiming for accuracy.

4.      Polish Your English Skills

For Phase I, set Mathematics, Reading Comprehension, Vocabulary, Grammar, and Sentence Improvement papers out for completion. For Phase II, try to take practice in both essay writing, précis, and comprehension. Older children can read newspapers and magazines daily and younger ones can read books, dailies, and magazines regularly to broaden their vocabulary and be informed on current events.

5.      Keep Yourself abreast with Latest General Knowledge

Follow current events, financial and organizational changes, and news. Get your information from reliable sources and review them time and again. You can also use sites such as Beepedia for the latest information.

6.      Revise Economic and Social Issues in Insurance

In Phase II, discover information concerning economics and social problems affecting insurance. Learn about growth and development, financial structures, and insurance management concerning these areas.

7.     Quickly Go Through Insurance and Risk Management

New topics that you will be tested on in Phase II include insurance principles and risk management. Most relevant topics include kinds of insurance, underwriting, claims management, and the function of IRDAI.

8.      Practice Writing Descriptive Answers

Writing practice is very important for the second phase. Emphasis on composition and comprehension of basic essay, précis, and cursive writing as well as the ability to answer structured questions coherently. Learn how to write with a purpose, coherence, and structure with the help of proper sections: the introduction, the body, and the conclusion.

IRDAI Assistant Manager (AM) 2024 Most Scoring Topics

Given below are the most scoring or important topics that the candidates need to revise for the upcoming IRDAI Assistant Manager (AM) 2024 Exam:

Phase	Subject	Important Topics
Phase I	Reasoning Ability	Puzzles, Seating Arrangement, Blood Relations, Coding-Decoding, Syllogism, Inequalities
	English Language	Reading Comprehension, Cloze Test, Para Jumbles, Error Spotting, Fill in the Blanks, Sentence Improvement
	Quantitative Aptitude	Data Interpretation, Simplification/Approximation, Number Series, Quadratic Equations, Profit and Loss, Time and Work
	General Awareness	Current Affairs (especially related to insurance and finance), Static General Knowledge, Banking and Financial Awareness
Phase II	Descriptive English	Essay Writing, Precis Writing, Comprehension
	Economic and Social Issues	Economic Reforms, Social Security Schemes, Financial Inclusion, Recent Developments in the Insurance Sector
	Insurance and Management	Principles of Insurance, Insurance Products, Risk Management, Insurance Regulations

Here is the weightage for the IRDAI Assistant Manager (AM) 2024 Exam:

Phase	Subject	Weightage (%)
Phase I	Reasoning Ability	35%
	English Language	30%
	Quantitative Aptitude	35%
Phase II	Descriptive English	25%
	Economic and Social Issues Impacting Insurance	35%
	Insurance and Management	40%

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