Bajaj Allianz Life Insurance QA Engineer Interview Questions and Answers

The core principles of Information Security are confidentiality, integrity, and availability.

• Confidentiality: ensuring that information is only accessible to authorized individuals

• Integrity: maintaining the accuracy and completeness of information

• Availability: ensuring that information is accessible to authorized individuals when needed

• Examples: encryption, access controls, backups, disaster recovery plans

Virus and malware are malicious software designed to harm computer systems and steal data.

• Virus is a self-replicating program that attaches itself to clean files and spreads throughout the system.

• Malware is a broader term that includes viruses, spyware, adware, and other malicious software.

• Malware can be used to steal sensitive information, damage files, or take control of a computer.

• Examples of malware include Trojan ...read more

I will immediately disconnect from the internet and run a virus scan to remove the virus.

• Disconnect from the internet to prevent further spread of the virus

• Run a virus scan using an updated antivirus software

• If the virus cannot be removed, seek help from IT support

• Regularly backup important files to prevent data loss

I am passionate about helping people protect their assets and loved ones through insurance.

• I have a strong desire to help individuals and families plan for the unexpected.

• I believe in the importance of financial security and peace of mind that insurance provides.

• I am interested in the dynamic and evolving nature of the insurance industry.

• I enjoy analyzing risks and finding solutions to mitigate them.

• I have a background...read more

MWPA stands for Married Women's Property Act.

• MWPA is a legal act that grants certain property rights to married women.

• It was enacted to protect the property rights of married women.

• Under MWPA, a married woman can hold, control, and dispose of her property independently.

• It ensures that a married woman's property is not automatically transferred to her husband upon marriage.

• MWPA also provides safeguards against fraudulen...read more

Seeking new challenges and opportunities for growth

• Desire for career advancement

• Looking for a new challenge

• Seeking better work-life balance

• Company restructuring or downsizing

• Relocation to a new area

Insurable interest refers to the financial or pecuniary interest that a person has in the subject matter of an insurance policy.

• Insurable interest is the stake or financial interest that a person has in the insured property or person.

• It is necessary for a valid insurance contract as it ensures that the policyholder will suffer a financial loss if the insured event occurs.

• Examples of insurable interest include owning a ...read more

ULIP charges refer to the fees and expenses associated with investing in a Unit Linked Insurance Plan.

• ULIP charges include premium allocation charges, policy administration charges, fund management charges, mortality charges, and surrender charges.

• Premium allocation charges are deducted from the premium paid by the policyholder and are used to cover initial expenses.

• Policy administration charges are levied for the main...read more

I will prove myself as an investment adviser through my track record of successful investment strategies, in-depth knowledge of financial markets, and ability to build strong client relationships.

• Demonstrate a history of successful investment recommendations and portfolio management

• Showcase expertise in analyzing financial markets and identifying profitable opportunities

• Highlight strong communication and relationship-b...read more