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HDFC Life Data Scientist Interview Questions and Answers

Updated 9 Sep 2024

HDFC Life Data Scientist Interview Experiences

1 interview found

Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Not Selected

I applied via Naukri.com and was interviewed in Aug 2024. There was 1 interview round.

Round 1 - One-on-one 

(2 Questions)

  • Q1. Whats is supervised learning
  • Ans. 

    Supervised learning is a type of machine learning where the model is trained on labeled data to make predictions or decisions.

    • Uses labeled data for training

    • Predicts outcomes based on input features

    • Examples include regression and classification algorithms

  • Answered by AI
  • Q2. What is unsupervised learning
  • Ans. 

    Unsupervised learning is a type of machine learning where the model is trained on unlabeled data without any predefined output labels.

    • No predefined output labels are provided for the training data

    • The model must find patterns and relationships in the data on its own

    • Common techniques include clustering and dimensionality reduction

    • Examples: K-means clustering, Principal Component Analysis (PCA)

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - do hard work

Skills evaluated in this interview

Interview questions from similar companies

Interview experience
2
Poor
Difficulty level
Easy
Process Duration
2-4 weeks
Result
No response

I applied via LinkedIn and was interviewed in Apr 2024. There was 1 interview round.

Round 1 - Technical 

(2 Questions)

  • Q1. 1) Formula for Precision and recall
  • Ans. 

    Precision = TP / (TP + FP), Recall = TP / (TP + FN)

    • Precision is the ratio of correctly predicted positive observations to the total predicted positive observations

    • Recall is the ratio of correctly predicted positive observations to the all observations in actual class

    • Example: If a model predicts 100 positive cases, out of which 80 are actually positive, precision = 80/100, recall = 80/total actual positive cases

  • Answered by AI
  • Q2. 2) Difference between R2 and adjusted R2
  • Ans. 

    R2 measures the proportion of variance explained by the model, while adjusted R2 adjusts for the number of predictors in the model.

    • R2 is the proportion of variance in the dependent variable that is predictable from the independent variables.

    • Adjusted R2 penalizes the addition of unnecessary predictors in the model, providing a more accurate measure of the model's goodness of fit.

    • R2 can increase even when adding irreleva...

  • Answered by AI

Interview Preparation Tips

Topics to prepare for ICICI Lombard General Insurance Company Data Scientist interview:
  • Machine Learning
  • STATISICS
  • Python
Interview preparation tips for other job seekers - Keep your basics clear

Skills evaluated in this interview

Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Technical 

(2 Questions)

  • Q1. Technical ML QUESTIONS
  • Q2. PYTHON QUESTIONS

Interview Questionnaire 

1 Question

  • Q1. Why you want to come is insurance sector
  • Ans. 

    I am passionate about helping people protect their assets and loved ones through insurance.

    • I have a strong desire to help individuals and families plan for the unexpected.

    • I believe in the importance of financial security and peace of mind that insurance provides.

    • I am interested in the dynamic and evolving nature of the insurance industry.

    • I enjoy analyzing risks and finding solutions to mitigate them.

    • I have a background...

  • Answered by AI

Interview Preparation Tips

Round: Test
Experience: Aptitude & Reasoning

I applied via Walk-in and was interviewed before Jun 2020. There were 5 interview rounds.

Interview Questionnaire 

3 Questions

  • Q1. Tell me about yourself
  • Ans. 

    I am a highly motivated and dedicated individual with a strong background in finance and a passion for problem-solving.

    • I have a Bachelor's degree in Finance and have worked in the finance industry for 5 years.

    • I am skilled in financial analysis, budgeting, and forecasting.

    • I have successfully managed large-scale projects and implemented cost-saving strategies.

    • I am a team player and have excellent communication and interp...

  • Answered by AI
  • Q2. How much knowledge do you have in Insurance
  • Ans. 

    I have a strong knowledge in insurance.

    • I have a deep understanding of insurance policies and coverage.

    • I am familiar with different types of insurance such as life, health, auto, and property.

    • I have experience in analyzing insurance claims and determining coverage eligibility.

    • I am knowledgeable about insurance regulations and compliance.

    • I have worked with insurance companies and clients to provide accurate and timely in...

  • Answered by AI
  • Q3. They will ask you about your previous experience

Interview Preparation Tips

Interview preparation tips for other job seekers - Confidence is a key element to crack this Interview, there will be total 4-5 rounds of interview here

1) Focus about technical skills and Analytical skills
2) Gain knowledge about insurance and about insurance industry
3) They will check your verbal ability

I applied via Recruitment Consultant and was interviewed in May 2021. There was 1 interview round.

Interview Questionnaire 

6 Questions

  • Q1. Tell me about yourself
  • Q2. What is tangible asset
  • Ans. 

    A tangible asset is a physical asset that has a measurable value and can be seen or touched.

    • Examples include buildings, land, machinery, and inventory.

    • Tangible assets are typically depreciated over time.

    • They are recorded on a company's balance sheet.

    • Tangible assets can be bought, sold, or traded.

    • They are different from intangible assets, such as patents or trademarks.

  • Answered by AI
  • Q3. What is intangible asset
  • Ans. 

    An intangible asset is a non-physical asset that has no intrinsic value but has value due to its legal or intellectual property rights.

    • Intangible assets include patents, trademarks, copyrights, and goodwill.

    • They cannot be touched or seen but can be owned and traded.

    • Their value is based on their ability to generate revenue or provide a competitive advantage.

    • Intangible assets are recorded on a company's balance sheet and...

  • Answered by AI
  • Q4. What is insurance
  • Ans. 

    Insurance is a contract between an individual and an insurance company to protect against financial loss.

    • Insurance provides financial protection against unexpected events

    • Premiums are paid to the insurance company in exchange for coverage

    • Types of insurance include health, auto, home, and life insurance

    • Insurance policies have terms and conditions that must be followed to receive benefits

    • Insurance companies use actuarial

  • Answered by AI
  • Q5. What is account payable
  • Ans. 

    Accounts payable is the amount of money a company owes to its suppliers or vendors for goods and services received but not yet paid for.

    • Accounts payable is a liability on the balance sheet.

    • It represents the amount owed to suppliers or vendors for goods or services received.

    • Accounts payable is usually paid within a certain period of time, known as the payment terms.

    • Examples of accounts payable include bills for utilitie...

  • Answered by AI
  • Q6. What is account receivables
  • Ans. 

    Account receivables refer to the money owed to a company by its customers for goods or services provided on credit.

    • It is a type of asset on a company's balance sheet

    • It represents the amount of money owed to the company by its customers

    • It is typically collected within a certain period of time, usually 30-90 days

    • Examples include unpaid invoices, outstanding bills, and overdue payments

  • Answered by AI

I applied via Campus Placement and was interviewed before Sep 2021. There was 1 interview round.

Round 1 - One-on-one 

(1 Question)

  • Q1. Basic details about you, how you convince customer to buy new policy, what will you do if customer not respond you and also dis respect you, etc

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident and stay clam while appearing for interview because they also check your patience
Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(2 Questions)

  • Q1. Tele me something about yourself
  • Q2. What is insurance
  • Ans. 

    Insurance is a financial protection against potential losses or risks.

    • Insurance is a contract between an individual or entity and an insurance company.

    • The individual or entity pays a premium in exchange for coverage against specific risks.

    • In case of a covered loss, the insurance company compensates the policyholder.

    • Types of insurance include health, life, auto, home, and business insurance.

    • Insurance helps individuals a...

  • Answered by AI
Round 1 - Group Discussion 

5 people including in gd

Round 2 - One-on-one 

(2 Questions)

  • Q1. What is your background
  • Q2. Why should we hire you

Interview Preparation Tips

Interview preparation tips for other job seekers - Good job , but timing is so strictly. You have to travel a lot
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Referral and was interviewed before Jun 2022. There was 1 interview round.

Round 1 - Behavioral 

(1 Question)

  • Q1. Self intro, Excel based questions etc

HDFC Life Interview FAQs

How many rounds are there in HDFC Life Data Scientist interview?
HDFC Life interview process usually has 1 rounds. The most common rounds in the HDFC Life interview process are One-on-one Round.
How to prepare for HDFC Life Data Scientist interview?
Go through your CV in detail and study all the technologies mentioned in your CV. Prepare at least two technologies or languages in depth if you are appearing for a technical interview at HDFC Life. The most common topics and skills that interviewers at HDFC Life expect are Computer Vision, Deep Learning, Keras, Machine Learning and Python.
What are the top questions asked in HDFC Life Data Scientist interview?

Some of the top questions asked at the HDFC Life Data Scientist interview -

  1. whats is supervised learn...read more
  2. what is unsupervised learn...read more

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HDFC Life Data Scientist Interview Process

based on 1 interview

Interview experience

4
  
Good
View more
HDFC Life Data Scientist Salary
based on 23 salaries
₹6.2 L/yr - ₹16.1 L/yr
18% less than the average Data Scientist Salary in India
View more details

HDFC Life Data Scientist Reviews and Ratings

based on 5 reviews

3.5/5

Rating in categories

2.2

Skill development

4.0

Work-life balance

2.6

Salary

4.5

Job security

2.6

Company culture

1.8

Promotions

3.0

Work satisfaction

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