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Genpact Insurance Associate Interview Questions and Answers

Updated 18 Nov 2024

Genpact Insurance Associate Interview Experiences

5 interviews found

Interview experience
2
Poor
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
No response

I appeared for an interview in Oct 2024.

Round 1 - HR 

(2 Questions)

  • Q1. Your experience in same company and what was your last salary.
  • Q2. We will check your details and let you know.

Interview Preparation Tips

Interview preparation tips for other job seekers - Walk in interviews are good as comparison with virtual interview. At least they tell you everything with you.
Interview experience
3
Average
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Not Selected

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

Round 1 - One-on-one 

(2 Questions)

  • Q1. Tell me about yourself
  • Q2. What are the types of insurance
  • Ans. 

    Types of insurance include life, health, auto, home, and travel insurance.

    • Life insurance: Provides financial protection to beneficiaries in the event of the policyholder's death.

    • Health insurance: Covers medical expenses and treatments for policyholders.

    • Auto insurance: Protects against financial loss in case of accidents or theft involving the insured vehicle.

    • Home insurance: Provides coverage for damage or loss to a pol...

  • Answered by AI

Insurance Associate Interview Questions Asked at Other Companies

asked in MetLife
Q1. Without using mouse how would you toggle between two operations(S ... read more
asked in MetLife
Q2. What is pre-existing insurance?
asked in Accenture
Q3. What do you know about insurance?
asked in Genpact
Q4. What are the types of insurance
asked in TCS
Q5. What is your objective?
Interview experience
3
Average
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(2 Questions)

  • Q1. Tell about yourself
  • Q2. Types of insurance
  • Ans. 

    Types of insurance include health, life, auto, home, and disability.

    • Health insurance covers medical expenses

    • Life insurance provides financial protection to beneficiaries

    • Auto insurance covers damages and injuries in car accidents

    • Home insurance protects against damage to property

    • Disability insurance provides income if unable to work due to disability

  • Answered by AI
Round 2 - HR 

(2 Questions)

  • Q1. About project in resume
  • Q2. Skills mentioned in resume

Interview Preparation Tips

Interview preparation tips for other job seekers - Strong with your communication
Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
Selected Selected
Round 1 - HR 

(1 Question)

  • Q1. Tell me about yourself
Round 2 - Typing Test 

(1 Question)

  • Q1. Its just a typical test

Genpact interview questions for designations

 Insurance Executive

 (1)

 Insurance Process Associate

 (1)

 Insurance Adviser

 (1)

 Senior Processing Associate

 (1)

 Senior Claims Associate

 (1)

 Assistant Vice President Operations

 (1)

 KYC Analyst

 (2)

 AML Analyst

 (2)

I applied via Company Website

Interview Questionnaire 

7 Questions

  • Q1. If you are from Finance background, then why you opt for insurance process?
  • Ans. 

    I opted for the insurance process because it allows me to apply my finance background in a different industry.

    • Insurance is closely related to finance as it involves managing financial risks and investments.

    • My finance background gives me a strong understanding of financial concepts and analysis, which is beneficial in assessing insurance policies and risks.

    • Insurance offers a diverse range of opportunities within the fin...

  • Answered by AI
  • Q2. Tell me about yourself? - this is very first question that they had asked me.
  • Q3. There are so many companies, then also why you choose for Genpact only?
  • Ans. 

    I chose Genpact because of its strong reputation, career growth opportunities, and positive work culture.

    • Genpact has a strong reputation in the insurance industry, which gives me confidence in the company's stability and success.

    • I researched and found that Genpact offers excellent career growth opportunities, including training programs and promotions based on performance.

    • During my interactions with current and former ...

  • Answered by AI
  • Q4. Why u want to join Genpact? - In 2 rounds, interview asked me same question in different ways.
  • Q5. Are you comfortable in night shifts?
  • Ans. 

    Yes, I am comfortable in night shifts.

    • I have previous experience working night shifts and have adapted well to the schedule.

    • I understand the importance of providing round-the-clock service in the insurance industry.

    • I am a night owl by nature and find that I am more productive during late hours.

    • I am willing to adjust my lifestyle and sleep patterns to accommodate night shifts.

    • I am aware of the potential challenges of wo...

  • Answered by AI
  • Q6. Are you relocable? - actually my home town is in some other place, and job location is at another place.
  • Q7. Qualification- they will ask you about your academic background and why you had choosen such carrer or feild?

Interview Preparation Tips

Interview preparation tips for other job seekers - Hello,
Well,I will suggest that never be panic on any interview round. Because, the managers or interviewers just check your confidence. They want to know how confidently you are to handle the situations, or to communicate well.

Interview questions from similar companies

I applied via Naukri.com and was interviewed in Jan 2020. There were 3 interview rounds.

Interview Questionnaire 

4 Questions

  • Q1. Normal Accounts related question like describe Depreciation, ammortization, and what do you mean by Reporting (RTR Activity).
  • Q2. Some interviewer may ask what do you mean by EBITDA as in my case be prepared for this type of bouncers as well .
  • Q3. Then they will ask you your previous work related question. In my case they ask if there is GL to SL mismatch what will you do to solve it.
  • Q4. Then why do we do depreciation of companies what is the need for it
  • Ans. 

    Depreciation is necessary to allocate the cost of an asset over its useful life.

    • Depreciation helps in matching the cost of an asset with the revenue it generates.

    • It allows for the recognition of the wear and tear, obsolescence, and loss of value of assets over time.

    • Depreciation expense reduces taxable income, resulting in tax savings for companies.

    • It helps in determining the true profitability and financial position of...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Always be confident remember it's not that the interviewer knows everything but be convincing don't say blah blah if you don't know anything .
Read the basics and if you are experienced be sure to explain every detail of how you used to do work.
Best of luck.

I applied via Referral and was interviewed before Mar 2021. There was 1 interview round.

Round 1 - Technical 

(1 Question)

  • Q1. About pointers and their types

Interview Preparation Tips

Interview preparation tips for other job seekers - Easy one so we can take with only basic knowledge

I applied via Recruitment Consultant and was interviewed in Nov 2020. There were 3 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. Basic communication skills were tested. Sone techical questn too. Versant test is mandatory

Interview Preparation Tips

Interview preparation tips for other job seekers - Please never go for these third party vendors. They misguide you regarding profile . I went for this third party vendor named savantis solution and it really misguided me

Interview Questionnaire 

1 Question

  • Q1. Tell me about yourself

Interview Questionnaire 

2 Questions

  • Q1. No question asked
  • Q2. They call and said we will give 10k only

Interview Preparation Tips

Interview preparation tips for other job seekers - In pandamic i gave my interview so this would be reason that they didnt ask much question
Because of lockdown

Genpact Interview FAQs

How many rounds are there in Genpact Insurance Associate interview?
Genpact interview process usually has 1-2 rounds. The most common rounds in the Genpact interview process are HR, One-on-one Round and Typing Test.
What are the top questions asked in Genpact Insurance Associate interview?

Some of the top questions asked at the Genpact Insurance Associate interview -

  1. What are the types of insura...read more
  2. Types of insura...read more
  3. We will check your details and let you kn...read more

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Genpact Insurance Associate Interview Process

based on 6 interviews

Interview experience

3.3
  
Average
View more

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Genpact Insurance Associate Salary
based on 30 salaries
₹1.5 L/yr - ₹5.5 L/yr
12% less than the average Insurance Associate Salary in India
View more details

Genpact Insurance Associate Reviews and Ratings

based on 7 reviews

3.7/5

Rating in categories

3.7

Skill development

3.7

Work-life balance

2.4

Salary

3.2

Job security

3.7

Company culture

2.4

Promotions

3.6

Work satisfaction

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