GIC Re Assistant Manager study plan
GIC Re Assistant Manager · Give each week a clear focus.
8 weeks · About 6 hours per week
General Insurance and Reinsurance Knowledge & Professional/Stream-Specific Knowledge (e.g., Medical, Actuarial, IT, Legal)
Map the full syllabus for Domain 1 (insurance/reinsurance fundamentals) and your chosen Domain 4 stream, then rank every sub-topic by exam weight and your own diagnostic weakness
Define the core mechanics of risk transfer, insurable interest, indemnity, and the distinction between insurance and reinsurance, writing each in your own words
Build a spaced-repetition deck of at least 60 flashcards covering Domain 1 terminology and Domain 4 statutory/regulatory basics
Establish a timed 20-question baseline test in each of the four domains and record raw scores plus error categories
Your checkpoint
A one-page syllabus map with ranked sub-topics, a 60-card deck, and a baseline score sheet for all four domains
General Insurance and Reinsurance Knowledge & Professional/Stream-Specific Knowledge (e.g., Medical, Actuarial, IT, Legal)
Explain the structure of the Indian insurance market including insurers, reinsurers, intermediaries, and the role of the regulator in licensing and solvency oversight
Distinguish proportional and non-proportional reinsurance (quota share, surplus, excess of loss, stop loss) and compute a simple cession under each
Summarise the key obligations your Domain 4 stream imposes on insurers, citing the governing statute or regulation by name
Complete 40 mixed Domain 1 practice questions untimed and log every wrong answer with the underlying concept
Your checkpoint
A worked cession worksheet with four treaty examples plus an error log of at least 20 concepts
General Insurance and Reinsurance Knowledge & Professional/Stream-Specific Knowledge (e.g., Medical, Actuarial, IT, Legal)
Trace the reinsurance placement cycle from submission to claims recovery, listing the documents produced at each stage
Explain underwriting, rating, and claims settlement principles for fire, marine, motor, and health lines at a level sufficient to answer definitional and applied questions
Describe the capital and solvency framework applying to Indian insurers and reinsurers and the purpose of each ratio cited
Solve 15 numerical problems on premium, claims ratio, retention, and commission
Your checkpoint
A two-page process flowchart of the reinsurance placement cycle with document names and a set of 15 solved numericals
Quantitative Aptitude and Reasoning & General Insurance and Reinsurance Knowledge
Achieve 85 percent accuracy on arithmetic and numerical ability drills (percentages, ratios, averages, interest, profit and loss) under a 30-minute cap
Solve data interpretation sets (tables, bar and line charts, caselets) using approximation and elimination rather than full calculation
Apply speed techniques for simplification and number series without a calculator
Re-test Domain 1 with a full timed sectional and compare against the week 1 baseline
Your checkpoint
A timed sectional score report for Domain 2 and Domain 1 showing accuracy, time per question, and a list of the three slowest question types
Quantitative Aptitude and Reasoning & English Language
Complete reasoning sets on syllogisms, blood relations, seating arrangement, and coding-decoding with at least 80 percent accuracy
Build a personal grammar error checklist from 100 attempted questions covering subject-verb agreement, tense, articles, prepositions, and modifiers
Practise reading comprehension on insurance and finance passages, identifying main idea, inference, and tone in under eight minutes per passage
Write one precis and one formal letter in exam register, then self-edit against a checklist
Your checkpoint
A grammar error checklist of at least 15 recurring mistakes plus two corrected writing samples
English Language & Quantitative Aptitude and Reasoning
Complete cloze tests, para-jumbles, sentence rearrangement, and synonym-antonym sets at 80 percent accuracy or better
Expand active vocabulary with 50 insurance and business register words used correctly in original sentences
Run two full mixed Domain 2 sections back to back to build stamina and confirm pacing
Review every error from weeks 4 to 6 and reclassify it as conceptual, careless, or time-pressure
Your checkpoint
A vocabulary log of 50 words with sentences and a consolidated error classification sheet across Domains 2 and 3
General Insurance and Reinsurance Knowledge & Professional/Stream-Specific Knowledge (e.g., Medical, Actuarial, IT, Legal)
Revise Domain 1 and Domain 4 using only your flashcards and error log, closing every open conceptual gap
Answer 60 high-difficulty questions across both domains and justify each answer in writing
Rehearse current-affairs and regulatory developments relevant to Indian insurance and reinsurance from the past year
Draft concise model answers for five likely descriptive or applied questions in your Domain 4 stream
Your checkpoint
A closed-gap review sheet confirming zero unresolved concepts plus five drafted model answers
General Insurance and Reinsurance Knowledge & Quantitative Aptitude and Reasoning & English Language & Professional/Stream-Specific Knowledge (e.g., Medical, Actuarial, IT, Legal)
Sit two full-length mock tests under strict exam timing and analyse each within 24 hours
Cut total error count by at least 30 percent against the week 1 baseline in every domain
Finalise a one-page formula and concept sheet for each domain for last-day revision
Rehearse a fixed question-order and time-allocation strategy for the actual paper
Your checkpoint
Two completed mock scorecards with a comparative analysis table and four one-page revision sheets
Milestones
Week 2: Baseline recorded in week 1; by end of week 2 you can compute a cession under all four main treaty types unaided and have logged at least 20 distinct error concepts
Week 4: Domain 2 accuracy at or above 85 percent on arithmetic drills and Domain 1 sectional score improved over the week 1 baseline
Week 6: Domain 3 accuracy at or above 80 percent across grammar, vocabulary, and comprehension sets, with a written error classification covering weeks 4 to 6
Week 8: Two full-length mocks completed under timing, total errors down at least 30 percent from baseline in every domain, and four revision sheets ready