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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 applied via Company Website and was interviewed in Jul 2022. There were 4 interview rounds.
It was easy test and we have understand the question before ticking the write answer.
(2 Questions)
- Q1. Tell me about yourself
- Q2. And family background
(1 Question)
- Q1. This is based on accounts related questions.
Interview Preparation Tips
Selected
I applied via Walk-in and was interviewed before Feb 2023. There were 4 interview rounds.
GD is like a common round where you are free to speak on any topic or about yourself and sometimes they hold a friendly debate
Aptitude test is an MCQ based online test comprises of English, Accounts, Insurance concepts and logical reasoning
(3 Questions)
- Q1. HR round is based on the role you select.i.e., FINANCE OR INSURANCE DOMAIN (I chose finance so these are what i was asked) In this round, I was asked only a few questions like 1)Tell me about yourself
- Ans. When asked about this tell them about you academic achievements or sports curriculum, if freshers or about you professional experience, if you are an experienced candidate
- Q2. Some accounting concepts to test your fundamental accounting knowledge like accounting principles, concepts and conventions. Also, they will ask you as to why this company or why they would like to hire yo...
- Q3. Please prepare in advance by going through some accounting fundamental and browse through the company history so that you can correlate and answer as to why you are suitable or deemed fit for this role
(2 Questions)
- Q1. Here the manager assess your knowledge for the domain you choose to check if you are eligible for their team
- Q2. Please go through all your fundamental knowledge and mention about few noteworthy points which made you stand out in the previous company.
Interview Preparation Tips
I applied via Referral and was interviewed in Jun 2022. There were 4 interview rounds.
Just introduce yourself and talk about any topic
Checking your communication
English grammar 30 questions
Logical 20 questions
Insurance 20 questions
Accounts 20 questions
Easy to clear aptitude ( read the question well and select any option and basic knowledge about accounts and insurance)
(1 Question)
- Q1. Walk me through your CV Rate yourself in accounts between 1 to 5 Accounts questions * Items in Current assets * Bank reconciliation statement meaning * Capital gain meaning * Working capital meanin...
(1 Question)
- Q1. Walk me through your CV Family details Rate yourself in accounts between 1 to 5 Cash paid to insurance liability journal entry Salary in balance sheel is it liability or asset Bank reconciliation stateme...
Interview Preparation Tips
Learn basic of accounts and insurance
Selected
I applied via Campus Placement and was interviewed before Sep 2022. There were 2 interview rounds.
Logical reasoning, English vocabulary, accounts and insurance basics
(3 Questions)
- Q1. Introducing myself
- Q2. Had discussion on child labour
- Q3. About CTC and other things
Interview Preparation Tips
- Logical reasoning
- Insurance basics
- Accounts basic
- English vocabulary
Gallagher interview questions for designations
sanketh naik
Selected
I applied via Recruitment Consulltant and was interviewed before Feb 2023. There were 3 interview rounds.
You will clear that with minimum efforts
(4 Questions)
- Q1. Be prepared with your resume and some accounting questions, and projects you have done.
- Q2. Tell me about yourself
- Q3. What are the projects you worked with
- Q4. Accounting questions related to budget, bank reconciliation, and general questions related to insurance
(1 Question)
- Q1. Documentation process
Get interview-ready with Top Gallagher Interview Questions
Attitude was on accounts and insurance questions.
(1 Question)
- Q1. Introduce yourself, basis of accounts and insurance.
(1 Question)
- Q1. Situation based questions.
Interview Preparation Tips
Process Associate Jobs at Gallagher
Selected
I applied via Referral and was interviewed before Feb 2023. There were 3 interview rounds.
English grammar
Accounts
Insurance
Mental ability
(1 Question)
- Q1. Accounts related questions
(4 Questions)
- Q1. Finance and accounts related questions
- Q2. What is depreciation
- Ans.
Depreciation is the decrease in value of an asset over time due to wear and tear, obsolescence, or other factors.
Depreciation is a method used in accounting to allocate the cost of an asset over its useful life.
It represents the reduction in the value of an asset on the balance sheet.
Depreciation can be calculated using various methods such as straight-line, declining balance, or units of production.
For example, a comp...
- Q3. What is reconciliation
- Ans.
Reconciliation is the process of comparing two sets of records to ensure their accuracy and consistency.
Reconciliation involves comparing and matching data from different sources or systems.
It is commonly used in financial accounting to ensure that the balances in different accounts are in agreement.
Reconciliation can also be done for bank statements, invoices, inventory records, etc.
The process typically involves iden...
- Q4. What is accounting concept
- Ans.
Accounting concept refers to the basic principles and guidelines that govern the preparation and presentation of financial statements.
Accounting concepts provide a framework for recording, analyzing, and reporting financial transactions.
They ensure consistency and comparability in financial statements across different organizations.
Some common accounting concepts include the accrual concept, going concern concept, and ...
Selected
I applied via Recruitment Consulltant and was interviewed before Apr 2023. There were 3 interview rounds.
There are the questions from Aptitude, English, Account & Insurance
(3 Questions)
- Q1. Introduce yourself
- Q2. Insurance related questions
- Q3. Able to work in night shift
(1 Question)
- Q1. Same as Round 2 questions
Selected
I applied via Referral and was interviewed before Feb 2023. There were 2 interview rounds.
Basic Aptitude Test, topics of English, Basic Accounts, Insurance, Logical Reasoning. Very easy to clear if one has put just 2hrs of effort in learning to clear aptitude.
My recommendation is to watch a few YouTube videos for 2hrs is sufficient to clear the exam.
(2 Questions)
- Q1. What do you know about Insurance?
- Ans.
Insurance is a financial product that provides protection against financial losses.
Insurance is a contract between an individual or organization and an insurance company, where the insurer agrees to provide financial protection in case of specified events such as accidents, illnesses, or property damage.
There are different types of insurance such as life insurance, health insurance, auto insurance, and property insuran...
- Q2. Can you explain how insurance works?
- Ans.
Insurance works by providing financial protection against potential risks and losses.
Insurance involves individuals or organizations paying premiums to an insurance company in exchange for coverage against specific risks.
When a covered event occurs, the insurance company compensates the policyholder for their losses.
Types of insurance include health, life, auto, home, and property insurance.
Insurance helps spread the r...
Selected
I applied via Recruitment Consulltant and was interviewed before Feb 2023. There were 4 interview rounds.
A topic was given to debate among 10 members where 5 members had to speak FOR the topic and 5 members AGAINST the topic. People with good speaking skills were shortlisted
Common Aptitude test was given
(1 Question)
- Q1. One on one round with a Manager where i had to answer questions related to the company and domain
(1 Question)
- Q1. General questions about self, company and our flexibility
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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 58 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 262 reviews
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