Aetna Interview Questions and Answers

Q1. Fund strategies, Fund structure of Private equity
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Q2. What is high water mark, hurdle rare, journal entry for prepaid expenses, journal entry for accrual
Ans. 
High water mark and hurdle rate are terms used in finance, while journal entries for prepaid expenses and accruals are common accounting practices.
• High water mark is the highest value that an investment fund has reached, used to calculate performance fees.

• Hurdle rate is the minimum rate of return that a fund manager must achieve before earning performance fees.

• Journal entry for prepaid expenses involves debiting Prepai...read more
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Q3. What is private quity, how much knowledge you have on Excel, what is commitment, Fair market value meaning
Ans. 
Private equity is a type of investment where funds are raised from investors to acquire ownership stakes in companies not publicly traded.
• Private equity involves investing in privately held companies or buying out public companies to make them private

• Excel knowledge includes proficiency in financial modeling, data analysis, and creating complex formulas and macros

• Commitment in accounting refers to the dedication and re...read more
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Q4. Journal entry for reflecting current market value of an invested asset by investor, Journal entry for prepaid insurance and Audit fees payable
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Q1. Questions on fundamental concepts of cybersecurity.
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Q2. What are the Business As Usual (BAU) activities in your current company, and what is the rationale behind them?
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Q3. Will give a scenario and questions based on that.
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Q4. Can you describe a challenging situation you faced and how you overcame it?
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Q5. What types of high and critical alerts have you handled, and what steps did you take to resolve them?
Ans. 
I have handled high and critical alerts related to malware infections, data breaches, and phishing attacks.
• Identifying the source and scope of the alert

• Isolating affected systems to prevent further damage

• Implementing security patches and updates

• Conducting forensic analysis to determine the extent of the breach

• Collaborating with IT teams to strengthen security measures
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Q1. Few similar questions asked in 1st round.
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Q2. Will expect an understanding of security concepts in a bit more detailed manner.
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Q3. What is the architecture of a Security Information and Event Management (SIEM) tool?
Ans. 
SIEM tool architecture includes data collection, normalization, correlation, and reporting components.
• Data collection: Gathers security data from various sources like logs, network traffic, and endpoints.

• Normalization: Standardizes the collected data into a common format for analysis.

• Correlation: Identifies patterns and relationships in the data to detect security incidents.

• Reporting: Generates reports and alerts based...read more
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Q4. Scenario based questions.
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Q1. Tell me about yourself.
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Q2. What information do you have about the company?
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Q3. What are the reasons for choosing this company?
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Q4. Will discuss on general things about you and your previous employers.
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Q5. What is your reason for leaving your current company?
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Q6. What is your current salary, and what are your salary expectations?
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Q1. Questions related to Datawarehouse
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Q2. Questions related to past technical experience
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Q1. More details related to specific technology
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Q2. Scenario related questions
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Q1. Tell us about yourself.
Ans. 
Experienced Senior Associate with a background in finance and project management.
• Over 5 years of experience in finance and project management

• Skilled in financial analysis, budgeting, and forecasting

• Strong communication and leadership skills

• Managed cross-functional teams to successfully deliver projects on time and within budget
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Q2. How do you see this oppourtunity about the jd?
Ans. 
I see this opportunity as a chance to further develop my skills and contribute to the team's success.
• I believe this role aligns well with my experience and career goals.

• I am excited about the potential to take on more responsibilities and make a meaningful impact.

• I am eager to collaborate with talented colleagues and learn from their expertise.
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Q1. SQL and Python and Spark related questions
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Q2. Project-oriented questions
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Q1. Coding and AWS cloud-related questions like GLUE, LAMBDA, Redshift etc
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Q2. Project and managerial-related questions
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Q1. All Scenario questions about architecture and servers.
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The aptitude test was held online and the process was very smooth, general aptitude, English and logical reasoning

It was based on one's course being pursued

Q1. Explain all the papers of actuarial
Ans. 
Actuarial papers cover various topics such as mathematics, statistics, finance, economics, and insurance principles.
• Actuarial Mathematics - covers topics like probability theory, interest theory, and life contingencies

• Actuarial Statistics - focuses on statistical methods and models used in actuarial work

• Finance and Economics - includes topics like financial mathematics, economics, and investment principles

• Insurance Pri...read more
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Q2. What is our timeline to clear all the exams
Ans. 
The timeline to clear all exams varies for each individual and depends on factors like study habits, prior knowledge, and exam difficulty.
• The timeline to clear all exams can range from a few months to several years, depending on the individual's pace of studying and ability to grasp the material.

• Factors such as prior knowledge in related subjects, study habits, and the difficulty of the exams can all impact the timelin...read more
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Q1. A good SQL query related to sales, transactions, statement.
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Q2. Questions on group by, having, etc
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Asked questions on arrays

Q1. Questions on databases
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Q2. Questions on data structures
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Q3. Questions on sql
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Q4. Questions on projects
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Q5. Questions on java
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