Table of Contents
IRDA Exam Syllabus 2024 will be published on the official website. IRDA 2024 was established as a statutory agency in 1999 by an Act of the Indian Parliament. IRDAI occasionally holds a two-phase exam for a variety of positions. Under various areas below, students may find the names of the positions and the IRDA exam syllabus. The following positions are filled by IRDAI through nationwide open competition.
- IRDA Exam Syllabus 2024
- IRDA Exam Syllabus 2024 Assistant Manager Post
- IRDA Syllabus 2024 Online Preliminary Exam Phase-1
- IRDA Syllabus 2024 Descriptive Examination Phase-2
- IRDA Exam Syllabus 2024 for Various Posts
IRDA Exam Syllabus 2024
The IRDA Syllabus 2024 should be well-understood by applicants. The following themes or curriculum will be the basis for the insurance-related questions in the IRDA test. The IRDA syllabus also includes sections on the English language, numeric ability, reasoning, general awareness, and other topics in addition to insurance-related questions.
Direct Link: IRDAI Application Form 2024
IRDA Assistant Manager Syllabus
There are three steps to the IRDA exam, including an interview, for positions as an assistant manager. Candidates who pass Phase-1, which serves as a screening test, are qualified to move on to Phase-2 of the IRDA examination.
IRDA Phase 1 Prelims Syllabus
The IRDA's 2024 Phase-I exam is an online, objective-type test. It is divided into four sections: reasoning, English language, general awareness, and numeric aptitude. In its notification, IRDA does not list any particular subjects for each session or test (dated 2017).
Insurance Exams and IRDA Mock Tests can be used by candidates preparing for phase 1 of the IRDA examination for the position of Assistant Manager. The table below provides more information regarding the number of questions, time, and marks.
| Name of Section | Maximum Marks | Number of Questions | Total Time |
| Engish Language | 40 | 40 | 90 Minutes |
| Reasoning | 40 | 40 | |
| Quantitative Aptitude | 40 | 40 | |
| General Awareness | 40 | 40 | |
| Total | 160 | 160 |
IRDA Phase 2 Mains Syllabus
Three papers are included in Phase 2 of the IRDA exam for the position of Assistant Manager: English, Economic & Social Issues Affecting Insurance, and Insurance & Management. Each of the three papers is a descriptive one. Candidates must respond on paper to questions that will be shown on a computer. The table below contains more information on the number of questions, time, and marks.
| Paper Name | Marks | Time |
| English Paper I | 100 | 60 |
| Economic and Social Issues Impacting Insurance Paper II | 100 | 60 |
| Insurance and Management Paper III | 100 | 60 |
IRDA Exam Syllabus Phase-2
English Paper I
- Essay
- Precis writing
- Comprehension and Business/Office Correspondence
Economic and Social Issues Impacting Insurance Paper II
- Impact of age structure on the economy
- Economic Growth, business cycles and Insurance penetration
- Macroeconomic factors
- Application of utility theory to Insurance premium setting
- Financial markets
- Systemic risk and concentration risk
- Financial institutions and financial services integration and risks arising from the interconnectedness
- Economic capital and risk-based capital requirements
- Insurance Investments in the Infrastructure sector
- Contribution of the Insurance sector to the sustainable and responsible development of the economy
- The economic impact of risk transfer arrangements including reinsurance
- Economic reforms in India leading to Insurance sector reforms
- Functions of IRDAI
- Role of an Actuary
- Motor business and Indian experience
- Insurance regulation
- De-tariffing in India
- Changing Insurance Regulations/Laws and FSLRC
- Social structure in India
- Indian Micro-Insurance experience
- Social security laws and implementation
- Insurance in rural and social sectors and obligations of Insurers thereto
- RSBY – Health insurance scheme for Below Poverty Line (BPL) families
Insurance and Management Paper III
Part 1 – Insurance
- 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 mobilising savings
- Evolution of various types in India
- Functions performed by Insurers
- Insurance lines and products
- Insurance lines in India
Part 2 – Management
- Its nature and scope
- Human Resource Development
- Role of Information Technology
- Performance Appraisal
- Leadership
- Management Processes Motivation, Incentives and Morale
- Corporate Governance
IRDA Exam Syllabus 2024 for Other Posts
- Candidates will be chosen based on a competitive written examination (WE) and/or interview for the positions of Manager, Assistant and Deputy General Manager, and General Manager.
- For any of these positions, IRDAI has not included a syllabus in its notification.
- The choice to hold the written examination (WE) is based on the number of applications received for each post in each grade and the proportional number of openings in each skill stream specified in the notification (dated 2018).
- Performance in the written exam and/or interview will be taken into account when choosing the final candidates for various positions.
- Before applying for the aforementioned positions, candidates should also meet the requirements for education, experience, and other eligibility criteria.
