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Digit Insurance Graduate Trainee Interview Questions and Answers

Updated 27 Dec 2024

Digit Insurance Graduate Trainee Interview Experiences

2 interviews found

Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via campus placement at BRACT's Vishwakarma Institute of Information Technology, Pune and was interviewed in Jun 2024. There were 3 interview rounds.

Round 1 - Coding Test 

Asked programming coding questions

Round 2 - Technical 

(3 Questions)

  • Q1. Java oops concepts
  • Q2. Resume projects in deep
  • Q3. DSA questions (matrix transpose)
Round 3 - HR 

(2 Questions)

  • Q1. Behavioral questions
  • Q2. Cultural fit questions

Graduate Trainee Interview Questions & Answers

user image A Sri Harsha

posted on 25 Sep 2024

Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Selected Selected

I applied via Campus Placement and was interviewed before Sep 2023. There were 2 interview rounds.

Round 1 - Aptitude Test 

They have asked some basic aptitude and reasoning questions including english

Round 2 - Coding Test 

2 questions of basic knowledge

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Interview questions from similar companies

Interview experience
3
Average
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
No response

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

Round 1 - Technical 

(2 Questions)

  • Q1. Which will give higher returns? Annuity at year start or year end?
  • Ans. 

    Annuity at year start generally gives higher returns due to longer investment period and compounding interest.

    • Annuity at year start gives higher returns due to longer investment period for compounding interest

    • Investing at year start allows for more time for the investment to grow

    • Annuity at year end may result in lower returns as the investment period is shorter

  • Answered by AI
  • Q2. What is reserving in insurance and what methods are used in it?
  • Ans. 

    Reserving in insurance is the process of estimating future claims and setting aside funds to cover them.

    • Reserving involves predicting the amount of money that will be needed to pay for future claims.

    • Methods used in reserving include the chain-ladder method, Bornhuetter-Ferguson method, and loss ratio method.

    • The chain-ladder method extrapolates past claims development patterns into the future.

    • The Bornhuetter-Ferguson me...

  • Answered by AI

Interview Preparation Tips

Topics to prepare for Swiss Re Graduate Apprenticeship Trainee interview:
  • CM1
  • CS1
  • Actuarial
Round 1 - Aptitude Test 

Aptitude test was conducted on eLitmus platform. It contained quant,logical and verbal sections. Quant and logical had more difficulty than verbal,so study for quant and logical before paper.

Round 2 - Coding Test 

Coding test was of medium difficulty.

Round 3 - Technical 

(1 Question)

  • Q1. Technical round was mix of personal and technical questions.
Round 4 - HR 

(1 Question)

  • Q1. HR round was for about 15 min max. And some personal questions were asked in it.

Interview Preparation Tips

Interview preparation tips for other job seekers - Study for aptitude in advance.Do not lie about anything in the resume as well as in the interview.Study the projects that you have done and also if you have any internship experience then explain it nicely.

Digit Insurance Interview FAQs

How many rounds are there in Digit Insurance Graduate Trainee interview?
Digit Insurance interview process usually has 2-3 rounds. The most common rounds in the Digit Insurance interview process are Coding Test, Aptitude Test and Technical.
How to prepare for Digit Insurance Graduate Trainee 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 Digit Insurance. The most common topics and skills that interviewers at Digit Insurance expect are Artificial Intelligence, Data Science, Machine Learning and Python.
What are the top questions asked in Digit Insurance Graduate Trainee interview?

Some of the top questions asked at the Digit Insurance Graduate Trainee interview -

  1. DSA questions (matrix transpo...read more
  2. Resume projects in d...read more
  3. Cultural fit questi...read more

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Digit Insurance Graduate Trainee Salary
based on 17 salaries
₹4.5 L/yr - ₹4.8 L/yr
18% more than the average Graduate Trainee Salary in India
View more details

Digit Insurance Graduate Trainee Reviews and Ratings

based on 15 reviews

4.4/5

Rating in categories

4.4

Skill development

4.2

Work-life balance

4.1

Salary

4.4

Job security

4.3

Company culture

4.1

Promotions

4.3

Work satisfaction

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