Cholamandalam MS General Insurance Senior Manager Interview Questions and Answers

Q1. About Self descriptions
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Q2. Experience of working
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I have over 10 years of experience working in various leadership roles, including managing teams and projects.
• Managed cross-functional teams to successfully deliver projects on time and within budget

• Developed and implemented strategic plans to achieve company goals

• Led performance evaluations and provided feedback to team members

• Collaborated with stakeholders to ensure alignment of project objectives with business goals
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Q1. Personal Introduction
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Q2. Work Experience
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Asked to prepare a ppt

Q1. Previous experience
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Q2. Why are you leaving current job
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Q1. Introduction of yourself
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Q2. Knowles about Insurance
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Knowles about products.

Q1. How the Insurance works? Types of insurance
Ans. 
Insurance is a financial product that provides protection against financial losses by pooling the risks of many individuals or entities.
• Types of insurance include life insurance, health insurance, auto insurance, home insurance, and business insurance.

• Insurance works by individuals or entities paying premiums to an insurance company in exchange for coverage against specified risks.

• When a covered event occurs, the insur...read more
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Q2. General discussion of Sales
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Q1. Tell me about your self
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Q2. Tell about this specific project
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Q3. What is CAC and how can we improve it
Ans. 
CAC stands for Customer Acquisition Cost, which is the cost associated with acquiring a new customer.
• CAC can be improved by optimizing marketing strategies to target the right audience

• Reducing churn rate can also help improve CAC as it costs less to retain existing customers than acquire new ones

• Implementing referral programs can help lower CAC by leveraging existing customers to bring in new ones
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Q1. General questions about the past experience
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Q2. General questions about the past experience
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Zonal manger taken the interview along with Area manager

Q1. What motivates you to perform better?
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Q2. What is your professional objective in Life?
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Q3. What are the key habits you have for success?
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Q4. What is your salary expectation?
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Q1. What is your expectation
Ans. 
I expect to lead a team to success by setting clear goals, providing support, and fostering a positive work environment.
• Set clear goals and expectations for the team

• Provide support and resources to help team members succeed

• Foster a positive work environment through open communication and recognition of achievements
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Q2. When will you join
Ans. 
I am available to join immediately and can start as soon as needed.
• Available to start immediately

• Flexible with start date

• Can join as soon as needed
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Q1. Discussion for ctc
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Q2. Discussion for offer letter
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