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.
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:
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.
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.
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.
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.
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.
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.
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.
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.
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% |
The exam is conducted in two phases: Phase I (objective) and Phase II (descriptive).
Focus on Reading Comprehension, Vocabulary, Grammar, and practice essay writing for Phase II.
Important topics include Data Interpretation, Number Series, and Simplification.
General Awareness is essential for Phase I, covering current affairs and financial news.
Mock tests help assess your preparation, identify weak areas, and improve time management.
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