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IRDAI Assistant Manager mock test
Government Exams · Syllabus

IRDAI Assistant Manager Syllabus 2026

The complete IRDAI Assistant Manager syllabus for 2026 — 6 sections and 45 topics in all, organised exactly as the Insurance Regulatory and Development Authority of India (IRDAI) prescribes. Use it as your revision checklist, then test yourself with a free IRDAI Assistant Manager mock below.

Phase I — Reasoning7 topics

  • Puzzles — floor, box, day-month, year and comparison-based
  • Seating arrangement — linear, circular, square, parallel rows
  • Syllogism — including possibility-based and reverse syllogism
  • Blood relations, direction sense, ranking and order
  • Coding-decoding, inequalities, input-output, data sufficiency
  • Logical reasoning — statement-assumption, statement-conclusion, course of action, cause and effect
  • Critical reasoning — passage-based and paragraph completion

Phase I — Quantitative Aptitude7 topics

  • Number series, simplification, quadratic equations
  • Arithmetic — percentages, ratio-proportion, averages, ages, partnership, mixtures and alligation
  • Time and Work, Pipes and Cisterns, Time-Speed-Distance, Boats and Streams, Trains
  • Simple Interest, Compound Interest, Profit-Loss-Discount
  • Data Interpretation — Tables, Bar/Line/Pie charts, Caselet DI, Mixed DI, Missing DI
  • Data Sufficiency, Quantity-1 vs Quantity-2 comparison
  • Permutation, Combination, Probability, Mensuration

Phase I — English Language6 topics

  • Reading Comprehension — economy / insurance / general passages (300-500 words)
  • Cloze Test (new pattern with logical fillers)
  • Error spotting, sentence correction, sentence improvement
  • Para-jumbles, paragraph completion
  • Phrase replacement, fill-in-the-blanks, word usage, word swap
  • Vocabulary — synonyms, antonyms, idioms and phrases

Phase I — General Awareness6 topics

  • Insurance sector — IRDAI structure (Chairman + 4 whole-time + 4 part-time members, HQ Hyderabad), Master Regulations, recent circulars, Bima Sugam / Bima Vahak / Bima Vistaar, Insurance for All by 2047
  • Banking and financial sector — RBI structure, MPC, monetary policy tools, SEBI, PFRDA, NABARD
  • Insurance penetration (premium as percent of GDP) and density (premium per capita) — IRDAI Annual Report figures
  • Government schemes — PMJJBY (Rs 436 premium, Rs 2L cover; revised May 2022 from Rs 330), PMSBY (Rs 20 premium, Rs 2L cover), Ayushman Bharat PMJAY, APY, PMFBY
  • Current affairs of the last 6-12 months — national, international, awards, sports
  • Static GK — Indian polity essentials, geography capsules, history milestones

Phase II Paper II — Economic and Social Issues impacting Insurance9 topics

  • Indian economy structure — sectoral composition, growth drivers, GDP and GVA, real vs nominal
  • Monetary policy — RBI, MPC, inflation targeting 4 percent +/- 2 percent, repo/reverse repo/CRR/SLR/MSF
  • Fiscal policy — Union Budget structure, FRBM Act 2003, deficit metrics, fiscal consolidation
  • Financial inclusion — Jan Dhan, RuPay, DBT, PMJDY, IRDAI Bima Vahak network and Bima Vistaar bundled product
  • Social sector — poverty (Tendulkar/Rangarajan), unemployment (PLFS), MPI, healthcare access, ageing population (NSSO ageing data)
  • Insurance penetration in India (2.7 percent of GDP in life + 1.0 percent non-life range; verify latest figure from IRDAI Annual Report)
  • Climate-linked and parametric insurance, crop insurance (PMFBY), microinsurance
  • Globalisation and reinsurance — GIC Re as the Indian reinsurer, FDI cap at 74 percent for private insurers (Insurance Amendment Act 2021)
  • Sustainable development goals (SDGs), ESG in financial services

Phase II Paper III — Generalist Stream: Insurance & Management10 topics

  • Insurance Act 1938 — key sections: 2(d) definition of insurer, 27A solvency margin (minimum 150 percent), 38 assignment, 39 nomination, 45 indisputability after 3 years, 64UM licensing of agents/brokers/surveyors, 64VB no risk without premium
  • IRDA Act 1999 — structure of IRDAI, powers and functions, Insurance Advisory Committee
  • Insurance Laws Amendment Act 2014 — renamed IRDA to IRDAI, raised FDI cap to 49 percent, surveyor licensing changes
  • Insurance Amendment Act 2021 — raised FDI cap to 74 percent
  • Principles of insurance — utmost good faith (uberrimae fidei), insurable interest, indemnity, subrogation, contribution, proximate cause
  • Types of insurance — life (term, endowment, ULIP, annuity), general (motor, health, fire, marine, engineering, liability, misc), health, reinsurance
  • IRDAI Master Regulations — Registration of Insurance Companies, Insurance Brokers, Insurance Surveyors and Loss Assessors, Investments (Sec 27A solvency framework), Linked and Non-Linked Insurance Products, Health Insurance, File-and-Use (now Use-and-File 2022 regime)
  • Free-look period (30 days, revised from 15 days via 2024 IRDAI circular), grace period (30 days annual/half-yearly, 15 days monthly), revival, surrender, paid-up value
  • Bima Sugam (announced 2022), Bima Vahak (POS distribution network), Bima Vistaar (bundled product) under the Insurance for All by 2047 vision
  • Management fundamentals — organisational behaviour, HRM, marketing, financial management at conceptual level

Know the syllabus — now see where you stand.

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