Ebixcash World Money Senior Accounts Executive Interview Questions and Answers

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Q1. How can you detect fraud in onboarding journey?
Ans. 
Fraud in onboarding journey can be detected through various methods such as background checks, verification processes, and monitoring of suspicious activities.
• Implement thorough background checks on new employees or clients to verify their identity and credentials.

• Utilize verification processes such as document verification, reference checks, and identity verification to ensure the authenticity of information provided.

• ...read more
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Q2. How is underwriting done?
Ans. 
Underwriting involves assessing risk and determining the terms of insurance policies.
• Underwriters evaluate the risk associated with insuring a particular individual or entity.

• They analyze factors such as age, health, occupation, and lifestyle to determine the likelihood of a claim.

• Underwriters also set the premium amount and coverage limits based on the risk assessment.

• They may use actuarial tables, statistical models,...read more
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