IRDAI Surveyor Engineering (S-05) study plan
IRDAI Surveyor Engineering (S-05) · Give each week a clear focus.
8 weeks · About 7 hours per week
Insurance Surveyors and Loss Assessors Regulations and Regulatory Framework
Map the structure of the IRDAI (Insurance Surveyors and Loss Assessors) Regulations onto a one-page outline, listing licensing categories, eligibility criteria, and the duties of a surveyor in the order they appear.
Define the three surveyor licence categories and their scope of work, and explain in your own notes which category applies to fire, marine, motor, and miscellaneous losses.
List the documents and qualifications required for a fresh licence application and for renewal, and note the validity period and the consequences of lapse.
Build a personal glossary of 20 regulatory terms (licence, renewal, code of conduct, professional indemnity, disciplinary action) with a one-line definition each.
Your checkpoint
A one-page regulatory outline plus a 20-term glossary saved for later revision.
Insurance Surveyors and Loss Assessors Regulations and Regulatory Framework & Principles of Insurance and Loss Assessment Practice
Summarise the code of conduct obligations of a surveyor, including independence, confidentiality, conflict of interest, and timely submission of reports, into a checklist you can self-audit against.
Describe the complaint and disciplinary mechanism, including who can complain, the stages of inquiry, and the range of penalties, in a short written note.
Explain the role of professional indemnity cover and record-keeping obligations in protecting both the surveyor and the policyholder.
State the core principles of insurance (insurable interest, utmost good faith, indemnity, proximate cause, subrogation, contribution) and match each to a survey scenario where it changes the outcome.
Your checkpoint
A conduct-and-discipline checklist plus a six-row table linking each insurance principle to a practical survey scenario.
Principles of Insurance and Loss Assessment Practice
Distinguish indemnity from betterment, depreciation, and salvage, and show with three worked numeric examples how each is applied to reach a settlement figure.
Explain the doctrine of proximate cause and apply it to at least four mixed-cause scenarios (fire following lightning, damage during rescue, electrical short circuit) with a reasoned conclusion for each.
Describe the claims lifecycle from intimation to final report and payment, naming the surveyor's task at each stage.
Draft a standard list of preliminary questions a surveyor asks at first intimation to establish policy validity and loss circumstances.
Your checkpoint
Three fully worked settlement calculations with depreciation, salvage, and excess applied, plus a first-contact question list.
Principles of Insurance and Loss Assessment Practice & Fire and Property Loss Assessment
Explain the standard fire policy structure, including the sum insured basis, average clause, reinstatement value condition, and the treatment of underinsurance, and compute a claim under each basis.
Identify the main fire and allied perils covers (fire, lightning, explosion, riot, storm, flood, impact, subsidence) and state the exclusion or condition attached to each.
Describe the survey method for a fire loss: cause investigation, damage mapping, segregation of stock by condition, and valuation of damaged and salvaged property.
Explain the role of a loss assessor versus a loss surveyor and where the two overlap in a large fire claim.
Your checkpoint
A fire claim working sheet with average clause and reinstatement calculations, plus a peril-versus-exclusion reference table.
Fire and Property Loss Assessment
Apply the survey process to a machinery and business interruption loss, covering breakdown cause, repair-versus-replace decisions, and the measurement of the indemnity period.
Describe how to value stock, plant, and buildings at the date of loss, including the treatment of obsolete stock, second-hand plant, and salvage realisation.
Draft a template for a fire loss survey report covering policy particulars, cause, quantum, deductions, and recommendations.
Explain the surveyor's duty when cause is suspicious or fraud is suspected, including evidence preservation and reporting obligations.
Your checkpoint
A completed fire loss survey report template applied to a constructed scenario, with quantum workings shown.
Motor and Miscellaneous Loss Assessment
Explain the motor third-party liability framework, the role of the Motor Accident Claims Tribunal, and how the surveyor's assessment supports or differs from tribunal award logic.
Describe the own-damage claim process for motor, including spot survey, repair estimates, depreciation on plastic and rubber parts, and total loss versus constructive total loss.
Outline the survey approach to miscellaneous claims such as burglary, fidelity guarantee, public liability, and personal accident, noting the distinct evidence each requires.
Compare the surveyor's obligations in motor versus miscellaneous claims in a short written comparison.
Your checkpoint
A motor own-damage settlement calculation with depreciation and total-loss test, plus a one-page comparison of motor and miscellaneous survey duties.
Insurance Surveyors and Loss Assessors Regulations and Regulatory Framework & Motor and Miscellaneous Loss Assessment
Revisit the regulatory framework and map each practical duty from weeks 3 to 6 back to the specific regulation or code obligation it satisfies.
Identify the common compliance failures in survey reports (late submission, missing cause analysis, unsupported quantum) and write a pre-submission self-check list.
Work through mixed practice scenarios that combine a motor or miscellaneous loss with a regulatory or conduct question, and record where your reasoning was weak.
Summarise recent regulatory expectations on surveyor reporting quality and documentation in your own words, flagging anything you are unsure of for review.
Your checkpoint
A pre-submission compliance self-check list plus a log of weak areas from mixed practice scenarios.
Insurance Surveyors and Loss Assessors Regulations and Regulatory Framework & Principles of Insurance and Loss Assessment Practice & Fire and Property Loss Assessment & Motor and Miscellaneous Loss Assessment
Sit two full-length timed mock papers under exam conditions and score them against a marking key.
Analyse every wrong or slow answer by domain and root cause (knowledge gap, misread, calculation error) and rank the top five fixes.
Revise the highest-yield weak points using your glossary, tables, and templates, and re-test only those areas.
Rehearse the calculation types (average clause, depreciation, salvage, excess, total loss) until each is completed accurately within time.
Your checkpoint
Two scored mock papers with a written error analysis and a final one-page revision sheet.
Milestones
Week 2: You can state the licence categories, renewal rules, and at least six code-of-conduct obligations from memory, and explain each core insurance principle with an example.
Week 4: You can compute a fire claim under both indemnity and reinstatement bases, applying average and excess correctly, without notes.
Week 6: You can produce a motor own-damage settlement including depreciation and a total-loss determination, and list the distinct evidence needs for burglary and fidelity claims.
Week 8: Both mock papers scored at or above your target pass mark, and every identified weak area has a written fix and a re-test result.