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ACKO Senior Associate Interview Questions and Answers

Updated 17 Dec 2024

ACKO Senior Associate Interview Experiences

1 interview found

Senior Associate Interview Questions & Answers

user image Bijay Kumar Maharana

posted on 17 Dec 2024

Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(2 Questions)

  • Q1. Why do you want to work with ACKO?
  • Ans. 

    I want to work with ACKO because of their innovative approach to insurance and their strong focus on customer satisfaction.

    • Innovative approach to insurance - ACKO's use of technology to simplify the insurance process is impressive.

    • Strong focus on customer satisfaction - ACKO's commitment to providing excellent customer service sets them apart from other insurance companies.

    • Opportunity for growth and learning - I believ...

  • Answered by AI
  • Q2. What is insurance?
  • Ans. 

    Insurance is a financial product that provides protection against financial losses resulting from unexpected events.

    • Insurance involves a contract between an individual or entity (the policyholder) and an insurance company.

    • The policyholder pays a premium in exchange for coverage and protection against specified risks.

    • Types of insurance include health, life, auto, home, and business insurance.

    • Insurance helps individuals ...

  • Answered by AI

Interview questions from similar companies

Interview experience
4
Good
Difficulty level
Hard
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Referral and was interviewed before Dec 2023. There was 1 interview round.

Round 1 - One-on-one 

(2 Questions)

  • Q1. What are the types of frauds in General Insurance
  • Ans. 

    Types of frauds in General Insurance include premium diversion, false claims, and policy manipulation.

    • Premium diversion: When an agent or employee diverts premium payments for personal use.

    • False claims: Submitting fake claims for reimbursement.

    • Policy manipulation: Altering policy details to obtain more coverage or lower premiums.

  • Answered by AI
  • Q2. What are the technicalities to be taken in mind during processing of general insurance claim
  • Ans. 

    Technicalities to consider during processing of general insurance claim

    • Verify policy coverage and limits

    • Assess the cause of loss and determine if it is covered

    • Gather necessary documentation and evidence

    • Evaluate the extent of damage or loss

    • Adhere to regulatory requirements and timelines

    • Communicate effectively with the insured party

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - No advice for the job seekers
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(1 Question)

  • Q1. Job experience, introduction
Round 2 - HR 

(1 Question)

  • Q1. Working experienced
Round 3 - Assignment 

Final assignment to complete

Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - HR 

(2 Questions)

  • Q1. Self introduction
  • Q2. Past exeperince

Interview Preparation Tips

Interview preparation tips for other job seekers - prepare for the self introduction and past expereince
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Referral and was interviewed in Jul 2024. There were 3 interview rounds.

Round 1 - HR 

(1 Question)

  • Q1. Tell me something about yourself.
  • Ans. 

    I am a dedicated and experienced professional with a strong background in project management and team leadership.

    • I have over 8 years of experience in project management, leading cross-functional teams to successful project completion.

    • I excel in strategic planning, problem-solving, and communication skills.

    • I am passionate about continuous learning and professional development, constantly seeking new challenges and oppor

  • Answered by AI
Round 2 - HR 

(1 Question)

  • Q1. How will you contribute if you gets selected?
  • Ans. 

    I will contribute my extensive experience and skills to drive project success and mentor junior team members.

    • Utilize my expertise in project management to ensure successful project delivery

    • Provide mentorship and guidance to junior team members to help them grow professionally

    • Collaborate with team members to brainstorm innovative solutions and drive continuous improvement

    • Contribute to strategic planning and decision-mak

  • Answered by AI
Round 3 - Client Interview 

(1 Question)

  • Q1. What is sells? How it's worked? & What is general insurance?
  • Ans. 

    Sales is the process of persuading potential customers to buy products or services. General insurance provides financial protection against a wide range of risks.

    • Sales involves identifying potential customers, understanding their needs, and convincing them to make a purchase.

    • It typically includes activities such as prospecting, qualifying leads, making presentations, and closing deals.

    • General insurance covers a variety...

  • Answered by AI
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Referral and was interviewed in Dec 2024. There was 1 interview round.

Round 1 - One-on-one 

(2 Questions)

  • Q1. Why do you want to join digit?
  • Ans. 

    I want to join digit because of its innovative approach to technology and its reputation for fostering professional growth.

    • Digit's focus on cutting-edge technology aligns with my passion for innovation.

    • I am impressed by Digit's track record of supporting employee development and career advancement.

    • I believe Digit's collaborative work environment will allow me to thrive and contribute effectively.

  • Answered by AI
  • Q2. Tell us about yourself
  • Ans. 

    Experienced Senior Associate with a background in finance and project management.

    • Over 5 years of experience in financial analysis and reporting

    • Skilled in project management and leading cross-functional teams

    • Strong communication and presentation skills

    • Proficient in data analysis and financial modeling

    • Previous experience working with Fortune 500 companies

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Best of luck , keep it simple.

I applied via Company Website and was interviewed in Jan 2021. There were 4 interview rounds.

Interview Questionnaire 

2 Questions

  • Q1. About General Insurannce bancasurance experience
  • Q2. Let it be very clear when you are speaking about general Insurance and also about your chanel sales developement.

Interview Preparation Tips

Interview preparation tips for other job seekers - be cool and very genuine when you are anwering.
Interview experience
1
Bad
Difficulty level
-
Process Duration
-
Result
-

I applied via Naukri.com

Round 1 - HR 

(2 Questions)

  • Q1. Run through ur resume
  • Ans. 

    I have a diverse background in finance, consulting, and project management.

    • Started my career in finance at XYZ Company, where I gained experience in financial analysis and reporting

    • Transitioned to consulting at ABC Consulting, working on various projects for clients in different industries

    • Currently working as a project manager at DEF Corporation, leading cross-functional teams to deliver successful projects

  • Answered by AI
  • Q2. Run through ur resume could have done through call also ...not required to call F to F and say u can leave...

Interview Preparation Tips

Interview preparation tips for other job seekers - To everyone out their looking to join this company think twice as one will be called for interview stating ur shortlisted from any job portal site. After almost 2 weeks interview will be scheduled. Then u go all prepared and end of the day only HR interview will be done and theyl ask u to leave for the day. Hr just asks you to run through ur resume. Then thyl inform u after u checking repeatedly, theyl say u r not selected without even conducting any interview. Crazy isn't it .. Beware..
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Aptitude Test 

KNOWLEDGE OF INSURANCE SECTOR

Round 2 - HR 

(2 Questions)

  • Q1. WORK EXPERIENCE & CTC
  • Q2. KNOWLEDGE OF GENERAL INSURANCE

Interview Preparation Tips

Interview preparation tips for other job seekers - GO DIGIT INSURANCE FULL OF ONLINE AND BEST WORKING COMPANY FOR GENERAL INSURANCE
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Not Selected

I applied via Recruitment Consulltant and was interviewed in Feb 2024. There were 2 interview rounds.

Round 1 - Coding Test 

First round was coding test in online mode which was quite easy.

Round 2 - Technical 

(1 Question)

  • Q1. In the 2nd round they asked the technical questions from SQL , simple coding questions.
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ACKO Interview FAQs

How many rounds are there in ACKO Senior Associate interview?
ACKO interview process usually has 1 rounds. The most common rounds in the ACKO interview process are One-on-one Round.
How to prepare for ACKO Senior Associate interview?
Go through your CV in detail and study all the technologies mentioned in your CV. Prepare at least two technologies or languages in depth if you are appearing for a technical interview at ACKO. The most common topics and skills that interviewers at ACKO expect are Customer Satisfaction, Insurance Claims, Analytical skills, Automobile and Billing.

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ACKO Senior Associate Interview Process

based on 3 interviews

Interview experience

5
  
Excellent
View more
ACKO Senior Associate Salary
based on 40 salaries
₹3 L/yr - ₹6.1 L/yr
50% less than the average Senior Associate Salary in India
View more details

ACKO Senior Associate Reviews and Ratings

based on 14 reviews

3.9/5

Rating in categories

3.5

Skill development

3.3

Work-life balance

3.8

Salary

3.7

Job security

3.9

Company culture

3.2

Promotions

3.5

Work satisfaction

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