Genpact Manager / Sr Manager - Administration Interview Questions and Answers

UL and VUL are both types of life insurance policies, but VUL offers investment options while UL does not.

• UL stands for Universal Life Insurance, which offers a fixed premium and death benefit but no investment options

• VUL stands for Variable Universal Life Insurance, which offers investment options in addition to a flexible premium and death benefit

• VUL policyholders can choose to invest in stocks, bonds, and mutual fun...read more

Non-forfeiture options are the choices available to a policyholder when they stop paying premiums.

• Non-forfeiture options allow policyholders to retain some value from their policy even if they stop paying premiums.

• Common non-forfeiture options include reduced paid-up insurance, extended term insurance, and cash surrender value.

• Reduced paid-up insurance provides a smaller death benefit but does not require further premi...read more

Reinsurance is a process where an insurance company transfers a portion of its risk to another insurance company.

• Reinsurance helps insurance companies manage their risk exposure.

• It allows insurance companies to protect themselves against large losses.

• Reinsurance can be either proportional or non-proportional.

• Proportional reinsurance involves sharing both premiums and losses with the reinsurer.

• Non-proportional reinsuran...read more

Underwriting is the process of evaluating and assessing the risk of insuring a person or entity.

• Underwriting involves analyzing the potential risks and determining the appropriate premium to charge for insurance coverage.

• It is commonly used in the insurance industry for various types of insurance policies such as life, health, and property insurance.

• Underwriting also involves reviewing the applicant's financial and med...read more

Static class and static constructor in C#

• Static class can only contain static members and cannot be instantiated

• Static constructor is called only once when the class is first accessed

• Static constructor is used to initialize static members of the class

• Example: Math class in C# is a static class

• Example: static constructor can be used to initialize a static variable with a value

Performance improvement in Angular app

• Use lazy loading to load modules on demand

• Optimize change detection strategy

• Use trackBy function in ngFor loops

• Minimize DOM manipulation

• Use AOT compilation

• Implement server-side rendering

• Use web workers for heavy computations

• Use caching for frequently accessed data

I have 3 years of experience as a Business Analyst in the finance industry.

• Worked closely with stakeholders to gather and analyze business requirements

• Conducted market research and competitor analysis to identify opportunities and risks

• Created detailed reports and presentations to communicate findings and recommendations

• Collaborated with cross-functional teams to implement process improvements

• Utilized data analysis too...read more

Performing web application penetration testing on a website with firewall enabled.

• Identify the type of firewall and its configuration

• Perform reconnaissance to gather information about the target

• Identify vulnerabilities and exploit them

• Use tools like Burp Suite, Nmap, and Metasploit

• Test for common web application vulnerabilities like SQL injection and cross-site scripting

• Document findings and provide recommendations for