IRDAI Assistant Manager Syllabus 2017 IRDA Assistant Manager Exam Syllabus 2017 Download IRDAI Asst. Manager Syllabus 2017 Check IRDAI Assistant Manager Exam Pattern 2017
IRDAI Assistant Manager Syllabus 2017
Insurance Regulatory and Development Authority of India has announce about the Recruitment of 30 Posts of Assistant Manager. There are Many Candidates who filled there Application Form. The Process of Application form is Online and Candidates Submitted them Till the Date 05.09.2017. Candidates can check there Recruitment Details from the Below Provided Link.
About Exam : All those Candidates who Successfully Submitted there Application form are now waiting for there Exam. The date of Phase – I On-line Preliminary Examination is 04.10.2017. The Exam will be Online Written Type.
Selection Process :
- Phase – I On-line Preliminary Examination
- Phase – II Descriptive Examination
- Phase – III Interview
All those Candidates who filled there Application Form are Now Waiting for there Exam, The IRDAI Announce that soon they will Conduct the Preliminary Exam. So all the Candidates are now started there Preparation. The Exam Level is Become very high with the Time Passing. So all the Candidates are Confused and Tense about there Exam. Candidates can take the Help from this Post. Here we are sharing the Syllabus with the Selective Exam Pattern. Candidates can check them Below.
Exam Pattern : The Exam Pattern is as Follows:
Phase – I Preliminary Examination
- The Exam will be Online Written Type.
- The Time Duration for the Exam will be 90 Minutes.
|Name of Tests (Objective)||No. of Questions/ Maximum Marks|
- There will be negative marks of 1/4 Marks for wrong answers in the Objective Tests
Phase – II
- The Exam Will be Descriptive (Question Papers Displayed on computer and to be Written Using Pen and Paper) Type.
- It will consist of three papers and There will be 60 Minutes for Each Paper
|Paper No.||Name of Paper||Maximum Marks|
|II||Economic and Social Issues impacting Insurance||100|
|III||Insurance and Management||100|
Exam Syllabus : Exam Syllabus is as Follows:
Phase – I Preliminary Examination
Reasoning : Analogies, Similarities, Differences, Space visualization, Problem solving, Analysis and Judgment, Decision-making, Visual memory, Discrimination, Observation, relationship, Concepts, Arithmetical reasoning, Verbal and figure classification, Arithmetical number series, Abilities to deal with abstract ideas and symbols and their relationships.
English Language : English grammar, Vocabulary, Spellings, Synonyms and Antonyms, Comprehension, Correct and incorrect usages, etc.
General Awareness : Questions are designed to test the candidate‟s general awareness of the environment around him and its application to society. Questions are also designed to test knowledge of current events and of such matters of everyday observation and experience in their scientific aspect as may be expected of an educated person. The test will also include questions relating to India and its neighboring countries especially pertaining to History, Culture, Geography, Economic Scene, General policy and scientific research.
Quantitative Aptitude : The questions will be designed to test the ability of appropriate use of numbers and number sense of the candidate. The scope of the test will be computation of whole numbers, decimals, fractions and relationships between numbers, Percentage, Ratio & Proportion, Square roots, Averages, interest, Profit and Loss, Discount, Partnership Business, Mixture and Alligation, Time and Distance , Time & Work, Basic algebraic identities of School Algebra & Elementary Surds.
Phase – II
Paper I – English
Paper II – Economic and Social Issues impacting Insurance
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;
Financial markets, Financial Institutions and financial services integration and risks arising from interconnections; systemic risk and concentration risk;
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 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.
Paper III – Insurance and Management
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 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, obligator sessions and retention of risk within the Country.
Part 2 – Management
Its nature and scope;
Management Processes – Planning, Organization, 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 counselling – 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.
Note : The questions in Papers I and II will be of foundation standard.
Final Words : Candidates can Bookmark our website (https://www.jobriya.in) to get the latest updates regarding to the Admit card, Result and Exam alerts.
For More Details Visit : https://www.irdai.gov.in/
All The Candidates may leave their any Confusion or Query in the Comment box below for regarding this post . We will try to assist you as soon as we can.