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Gallagher Process Associate Interview Questions, Process, and Tips
Top Gallagher Process Associate Interview Questions and Answers
- Q1. What is depreciation. What are the types of depreciation. Explain any one?
- Q2. What are golden rules of accounting?
- Q3. What is bills receivable
Gallagher Process Associate Interview Experiences
64 interviews found
Anonymous
Selected
I was interviewed in Dec 2024.
It's about our self intro
It contains 4 phases - Total 90 marks - 70 minutes duration
1. English grammer - 30 marks
2. Logical reasoning - 20 marks
3. Insurance - 20 marks
4. Accounting - 20 marks
(1 Question)
- Q1. They asked about job role related questions and about previous work experience .
I applied via Walk-in and was interviewed in Oct 2024. There were 3 interview rounds.
Effortless and smooth
Logical reasoning section was time consuming, other sections were good to clear
(3 Questions)
- Q1. Tell me about yourself
- Ans.
I am a detail-oriented individual with strong analytical skills and a passion for process improvement.
Graduated with a degree in Business Administration
Previous experience in data analysis and process optimization
Proficient in Microsoft Excel and other data analysis tools
- Q2. Why choose Gallagher
- Q3. Tell me about your previous job or internship experience.
Interview Preparation Tips
I applied via Walk-in and was interviewed in Mar 2024. There were 4 interview rounds.
You can choose your own topic
English grammer
logical reasoning
(4 Questions)
- Q1. What is accounts payable and recevaible
- Ans.
Accounts payable is money owed by a company to its suppliers, while accounts receivable is money owed to a company by its customers.
Accounts payable refers to the money a company owes to its suppliers for goods or services purchased on credit.
Accounts receivable refers to the money owed to a company by its customers for goods or services provided on credit.
Accounts payable is a liability on the company's balance sheet,...
- Q2. Resume based q&a
- Q3. Depreciation and its types
- Ans.
Depreciation is the allocation of the cost of an asset over its useful life. Types include straight-line, double declining balance, and units of production.
Depreciation is a method of allocating the cost of an asset over its useful life
Straight-line depreciation evenly spreads the cost over the useful life of the asset
Double declining balance method accelerates depreciation in the early years of an asset's life
Units of...
- Q4. Journal entries
(3 Questions)
- Q1. Same Q&a as hr resume based questions S&W
- Q2. DEPRECIATION AMMORTIATION JOURNAL ENTRIES WHAT IS TRADING AC
- Ans.
Trading account is a financial statement that shows the results of buying and selling goods and services.
Trading account is a part of the final accounts of a business.
It shows the gross profit or loss made by the business through trading activities.
It includes details of sales, purchases, direct expenses, and direct incomes.
The formula for calculating gross profit is: Gross Profit = Net Sales - Cost of Goods Sold.
- Q3. BASIC ACCOUNTING Q&A
Interview Preparation Tips
Varun Y
(2 Questions)
- Q1. General accounts and communication
- Q2. Introduction and Excel
(2 Questions)
- Q1. General accounts and process explain
- Ans.
General accounts refer to the financial records of a company, while process involves the systematic steps taken to complete a task.
General accounts involve recording financial transactions, preparing financial statements, and analyzing financial data.
Process refers to the series of steps or actions taken to achieve a specific goal or outcome.
In accounting, the process may involve recording transactions, reconciling acc...
- Q2. . communication skills tested and
Gallagher interview questions for designations
Accounts insurance reasoning questions
(1 Question)
- Q1. Asking accounting and insurance questions
Get interview-ready with Top Gallagher Interview Questions
Selected
(2 Questions)
- Q1. Basic insurance related questions
- Q2. What is insurance? Types of insurance? Explain 2 types of insurance?
- Ans.
Insurance is a contract between an individual and an insurance company where the individual pays premiums in exchange for financial protection against potential losses.
Types of insurance include life insurance, health insurance, auto insurance, home insurance, and more.
Life insurance provides a lump sum payment to beneficiaries upon the insured's death.
Health insurance covers medical expenses and can include services l...
(1 Question)
- Q1. Questions from resume and general questions
I applied via Referral and was interviewed in Feb 2024. There were 3 interview rounds.
Questions are about insurance accounting and English grammar easy
(5 Questions)
- Q1. Basic insurance and accounting related questions and communication should be good be confident.
- Q2. What is Insurance
- Ans.
Insurance is a financial product that provides protection against financial losses resulting from unexpected events.
Insurance is a contract between an individual or organization and an insurance company.
The individual or organization pays a premium in exchange for coverage against specified risks.
Types of insurance include health, life, auto, home, and property insurance.
Insurance helps mitigate financial risks and pro...
- Q3. What is Marine Insurance
- Ans.
Marine insurance is a type of insurance that covers the loss or damage of ships, cargo, terminals, and any transport by which the property is transferred.
Provides coverage for ships, cargo, terminals, and transport
Covers risks such as damage, loss, theft, and liability
Common types include hull insurance, cargo insurance, and liability insurance
Important for businesses involved in international trade
- Q4. What is premium
- Ans.
Premium is the amount paid for insurance coverage.
Premium is the cost of insurance coverage paid by the policyholder to the insurance company.
It is typically paid on a regular basis, such as monthly or annually.
The premium amount can vary based on factors like the type of insurance, coverage limits, and the insured individual's risk profile.
Higher premiums are often associated with more comprehensive coverage or higher...
- Q5. About gallagher
(1 Question)
- Q1. About comapany communication self intro
Interview Preparation Tips
Krushna Thorat
Selected
I applied via Referral and was interviewed in Dec 2023. There were 4 interview rounds.
Gives one topic for checking your communication and confidence.
Logical reasoning and other process releted questions.
(2 Questions)
- Q1. Process releted questions
- Q2. Insurance, types, brokerage, mortgage,process, other non technical questions.
(1 Question)
- Q1. Technical round manager asks about company background, history, insurance terms policies and other questions for cheak your logical ability.
Interview Preparation Tips
- Insurance
- broker
- Agent
1. Customize Applications - Tailor your resume and cover letter for each job.
2. Network Actively - Connect with industry professionals and attend relevant events.
3. Prepare for Interviews -Research the company and role, and practice common questions.
4. Enhance Online Presence -Update LinkedIn and consider a personal website.
5. Learn Continuously - Take courses to develop new skills relevant to your field.
Selected
I applied via Walk-in and was interviewed in Jan 2024. There were 4 interview rounds.
Question were asked regarding fna
Consolidated question on english acs etc
(2 Questions)
- Q1. What are the golden rule for accounting
- Ans.
The golden rules of accounting are basic principles that guide the process of recording financial transactions.
The golden rules include: Debit what comes in, Credit what goes out; Debit the receiver, Credit the giver; Debit expenses and losses, Credit income and gains.
For example, when a company receives cash from a customer, the cash account is debited (increased) and the accounts receivable account is credited (decre...
- Q2. What do you know about gallagher
(2 Questions)
- Q1. Why you want to work in this company
- Q2. What if your parents do not support in future to work here
Selected
I applied via Referral and was interviewed in Dec 2023. There were 3 interview rounds.
The 1st round was a
easy round .Here they will send a link to attend the aptitude in your home.
I cleared it. It contains related to insurance, Analytical thinking, English grammar.
(1 Question)
- Q1. This round was taken by the HR for about 10-15 mins in TEAMS CALL. Here they check your knowledge and they will give option for 2 domains ( ACCOUNTS AND INSURANCE) . Here we can choose the domain as per ou...
(1 Question)
- Q1. Here the Manager got the interview. It was about very few minutes like 8-10 mins in a phone call. Here the questions was based on our resume like your qualifications, internship and some social questions. ...
Interview Preparation Tips
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Gallagher Interview FAQs
The duration of Gallagher Process Associate interview process can vary, but typically it takes about less than 2 weeks to complete.
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Gallagher Process Associate Interview Process
based on 55 interviews
4 Interview rounds
- Aptitude Test Round
- HR Round - 1
- HR Round - 2
- Technical Round
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Gallagher Process Associate Reviews and Ratings
based on 259 reviews
Rating in categories
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