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Ascensus Interview Questions and Answers

Updated 12 Aug 2024

Ascensus Interview Experiences

Popular Designations

5 interviews found

Interview experience
4
Good
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Not Selected

I applied via Company Website and was interviewed in Feb 2024. There were 2 interview rounds.

Round 1 - One-on-one 

(2 Questions)

  • Q1. Explain about 401k process
  • Ans. 

    401k process involves setting up retirement savings plan where employees contribute a portion of their salary and employers may match a percentage.

    • Employees contribute a percentage of their salary to a 401k account

    • Employers may offer matching contributions up to a certain percentage

    • Contributions are typically invested in a variety of funds

    • Withdrawals before retirement age may incur penalties

  • Answered by AI
  • Q2. Explain about define contribution and define benefits
  • Ans. 

    Contribution refers to what an individual or entity brings to a situation, while benefits are the positive outcomes or rewards received as a result.

    • Contribution involves the input, effort, or resources provided by a person or organization.

    • Benefits are the advantages, rewards, or positive outcomes gained from the contribution.

    • In a business context, contribution can be in the form of skills, expertise, or financial resou...

  • Answered by AI
Round 2 - One-on-one 

(2 Questions)

  • Q1. Deferred annuity vs immediate annuity
  • Ans. 

    Deferred annuity pays out at a later date, while immediate annuity starts paying out right away.

    • Deferred annuity allows for accumulation of funds before payouts begin

    • Immediate annuity provides regular income immediately after purchase

    • Deferred annuity is often used for retirement planning, while immediate annuity is for immediate income needs

  • Answered by AI
  • Q2. US retirement process types and explain
  • Ans. 

    US retirement process types include Social Security, 401(k), and pension plans.

    • Social Security: Government-funded retirement benefits based on work history.

    • 401(k): Employer-sponsored retirement savings plan where employees contribute a portion of their salary.

    • Pension plans: Employer-funded retirement benefits based on years of service and salary.

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - US retirement Process knowledge is important

Senior Process Analyst Interview Questions asked at other Companies

Q1. what is Medicare Advantage Plan Or MAPD? What is EOB?
View answer (3)
Interview experience
2
Poor
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Not Selected

I applied via Naukri.com and was interviewed in Dec 2023. There were 2 interview rounds.

Round 1 - Aptitude Test 

Basic aptitude and reasoning test .time given 15 mins

Round 2 - Technical 

(1 Question)

  • Q1. They asked more about the resume and project done

Interview Preparation Tips

Interview preparation tips for other job seekers - This company only deals with pf accounting and we have very less company which dose this job it will be hard to develop career and job shifting

Associate Financial Analyst Interview Questions asked at other Companies

Q1. 1. What are the different capital budgeting methods 2. Which is the best capital budgeting method? 3. Items on a cost accounting statement? Etc..
View answer (2)
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Referral and was interviewed in Dec 2023. There were 2 interview rounds.

Round 1 - HR 

(1 Question)

  • Q1. Asking about introduction and previous experience
Round 2 - Manger rounds 

(1 Question)

  • Q1. About introduction and previous experience

Financial Analyst Interview Questions asked at other Companies

Q1. Suppose you have 10000 US dollars with you, out of which you took a loan of 5000 US Dollars. Now suppose you have purchased two assets of 5000 US Dollars each, one through cash and other through bank loan. How would you show this transactio... read more
View answer (3)

Interview Questions & Answers

user image Anonymous

posted on 7 Aug 2022

I applied via Approached by Company and was interviewed in Jul 2022. There was 1 interview round.

Round 1 - One-on-one 

(4 Questions)

  • Q1. Self Introduction with current work profile
  • Q2. Cash Balance calculation Formula
  • Q3. 70.5 Rules and new rule changes
  • Q4. Payroll Process, Team handling questions, How do you rate team members.

Interview Preparation Tips

Interview preparation tips for other job seekers - Prepare USA benefits Calculations and rules and regulations q&a..

Ascensus interview questions for popular designations

 Associate Financial Analyst

 (2)

 Financial Analyst

 (1)

 Senior Process Analyst

 (1)

Interview experience
3
Average
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Naukri.com and was interviewed before Mar 2022. There were 2 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - One-on-one 

(2 Questions)

  • Q1. Where j was aked about myself and basic accounting questions
  • Q2. Prepare accordingly and give them answers

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident and they'll check communication skills

Associate Financial Analyst Interview Questions asked at other Companies

Q1. 1. What are the different capital budgeting methods 2. Which is the best capital budgeting method? 3. Items on a cost accounting statement? Etc..
View answer (2)

Interview questions from similar companies

I appeared for an interview before Jun 2016.

Interview Questionnaire 

1 Question

  • Q1. Java related questions on Oops concept and Multithreading

Interview Preparation Tips

Round: Test
Experience: Simple aptitude and reasoning questions little java based programming
Tips: Basic programming knowledge and good aptitude
Duration: 1 hour
Total Questions: 60

Round: Technical Interview
Experience: Normal questions on Java, basic programming questions like reverse no. , String related and logical coding
Tips: What u mentioned on your resume go through that only, they will not ask apart from your resume

Skills: How Well You Are Able To Communicate What You Wanted To Tell, Programming
College Name: SRCEM

I appeared for an interview before Aug 2016.

Interview Preparation Tips

Round: Resume Shortlist
Experience: I am vinothkumar from Dindugal, I was studied computer engineering in Madurai institute of engineering and technology at sivagangai, I am quality controller in RR DONNELLY at Chennai, my experience 2 years, my family staying in native, my father palanichami he is a former, my mother tamilselvi she is home maker and my one yelder brother Vijayakumar he is driver, I am interested area software engineer, my hobbies are listening music, reading book and news paper, playing and watching cricket
Tips: No comments

Round: Test
Experience: I am vinothkumar from Dindugal, I was studied computer engineering in Madurai institute of engineering and technology at sivagangai, I am quality controller in RR DONNELLY at Chennai, my experience 2 years, my family staying in native, my father palanichami he is a former, my mother tamilselvi she is home maker and my one yelder brother Vijayakumar he is driver, I am interested area software engineer, my hobbies are listening music, reading book and news paper, playing and watching cricket
Tips: No comments
Total Questions: 15

Round: Test
Experience: See my mentality
Tips: No comments
Duration: 45 minutes

Round: Group Discussion
Experience: Communication
Tips: No comments

Skills: Communication And Confidence

Interview Preparation Tips

Round: Test
Experience: CAT-type data interpretation test.30 questions in 35 minutes.Fast graph interpretation and quick calculations.
Tips: CAT preparation will help.
Duration: 35 minutes
Total Questions: 30

Round: Case Study Interview
Experience: A simple case, based on the credit card industry or any other field, is given. Cases lay more focus on quantitative skills apart from the focus on asking the right questions.There is a shortlist made after each case round.
Tips:  Fast calculation and insight into what data may be required to solve the case are essential.Practice the cases given on their website and at www.beprepared.in.

Round: Behavorial Interview
Experience: Questions are asked based on incidents- give examples of instances when you led a team successfully or when you had to go against your team, etc.
Tips:  Practice HR questions from HLPQ.

General Tips: Positions Of Responsibility (PORs) are required but not mandatory. They are of secondary importance if one has scored well in the exam. A good CV with good internships/projects will help one to get shortlisted.
Skill Tips: "Student needs to be quick with simple percentage calculations."
Skills: Basic Quantitative skills
College Name: IIT Kharagpur

Interview Preparation Tips

Round: Test
Experience: Written Test ( DI questions, each involving 2-3 plots)

Round: Interview
Experience: Started with a “Tell me something about your-self question”. I believe it was just to set the ball rolling and was not evaluated. The interviewer then gave me a case question wherein I had to make a choice between a diesel and a petrol car. There were 3 parts to the question (some candidates were asked 1 / 2 as well). The first dealt with finding the breakeven point given the basic set of cost, fuel price and fuel consumption data. Next was to find breakeven considering the money was acquired at a certain rate of interest (bond/loan). Both these results involved basic calculation and I was comfortable with them. The final part was about calculating the breakeven, again, but this time considering depreciation. This is where I was caught off guard and though I did turn up with a figure, the interviewer was not completely satisfied.

General Tips: Do get a basic background of the firm and also about terms in the related field.
Skill Tips: I was not hesitant and was reasonably confident while answering. What went wrong was perhaps the fact that I was caught unaware of how depreciation works and how it had to be included in the equation. I fumbled a lot with the equation and puzzled as to where to include terms for depreciation etc.
College Name: IIT KANPUR

Interview Preparation Tips

Round: Test
Experience: There was test which was purely data analysis and calculator was allowed. So the procedure that they follow is that first they shortlist 50 people and a small case interview is followed. The case I was asked was to calculate the change in the cost of a grocery store if it has changed its model from cash on delivery with a physical store to an online portal which has cash on delivery option. As I had practiced it already I took some time to give structure and then gave 3-4 reasons for change in cost and then he gave me some numbers based on which I had to calculate the break even time period or amount . But I think he expected a little bit different approach or was searching for a different solution as I wasn't selected for the final interview sessions. I think 22 people were selected for the final interview session out of which 2 people were finally selected in Cap One.

College Name: IIT KANPUR

Ascensus Interview FAQs

How many rounds are there in Ascensus interview?
Ascensus interview process usually has 1-2 rounds. The most common rounds in the Ascensus interview process are One-on-one Round, Resume Shortlist and HR.
How to prepare for Ascensus 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 Ascensus. The most common topics and skills that interviewers at Ascensus expect are Analytical skills, Financial Advisory, MS Office, Accounting and Loans.
What are the top questions asked in Ascensus interview?

Some of the top questions asked at the Ascensus interview -

  1. Cash Balance calculation Form...read more
  2. US retirement process types and expl...read more
  3. 70.5 Rules and new rule chan...read more

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Ascensus Interview Process

based on 6 interviews

Interview experience

3.8
  
Good
View more

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Ascensus Reviews and Ratings

based on 25 reviews

3.8/5

Rating in categories

3.4

Skill development

3.6

Work-life balance

3.8

Salary

3.7

Job security

3.4

Company culture

3.4

Promotions

3.3

Work satisfaction

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