IBM Lead Business Analyst Interview Questions and Answers for Experienced

English grammer test, Case study etc

Q1. Ovarall past experiance and collection process
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Q2. Tell about yourself in brief
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Q3. Why you went out from your last organization
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Q4. What are you achivements
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I have achieved significant improvements in business processes and successfully led cross-functional teams.
• Implemented a new project management system that increased efficiency by 30%

• Led a team of analysts to identify cost-saving opportunities resulting in $1 million in annual savings

• Developed and implemented a data-driven strategy that improved customer retention by 15%

• Successfully managed the implementation of a new
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Q1. Explain Claims Lifecycle
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Claims Lifecycle is the process of handling insurance claims from start to finish.
• The process starts with the submission of a claim by the policyholder.

• The claim is then reviewed by the insurance company to determine coverage and validity.

• If approved, the claim is processed and payment is made to the policyholder.

• If denied, the policyholder may appeal the decision or take other actions.

• The process ends when the claim i...read more
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Q2. What are the important attributes that should flow from policy to claims system
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Attributes that should flow from policy to claims system
• Accurate policy information

• Clear coverage details

• Validated policy limits

• Proper claim adjudication

• Timely claim processing

• Effective communication with policyholders
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Q3. What according to you are the important considerations for a user story
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Important considerations for a user story
• Clear and concise description of the user's goal or need

• Specific acceptance criteria to define success

• Proper prioritization based on business value

• Inclusion of relevant stakeholders

• Testability and measurability of the user story
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Q4. Claims concepts like Subrogation, Salvage etc.
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Q1. 1. Questions about profile 2. Extensive questions about SCRUM, SAFE 3. Questions about Requirement Gathering 4. Questions about SDLC
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Q1. Domain Specific questions
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Q1. Discussions about Salary, Location and benefits
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Q1. 1. Agile ceremonies 2. Scenario based questions eg how to handle change requests etc 3. Questions on documents such as PRD, FRD etc
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Q1. Tell me about yourself
Ans. 
Experienced business analyst with a background in leading cross-functional teams and implementing data-driven solutions.
• Over 5 years of experience in business analysis

• Skilled in leading cross-functional teams to achieve project goals

• Proficient in implementing data-driven solutions to improve business processes

• Strong communication and problem-solving skills

• Certified in business analysis (e.g. CBAP)
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Q2. Technical questions
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Q1. Are you ready to upgrade your technical skills.
Ans. 
Yes, I am always eager to learn and improve my technical skills to stay current in the field.
• I am constantly seeking out new training opportunities to enhance my technical knowledge.

• I have a track record of successfully learning new technologies and tools in previous roles.

• I understand the importance of staying up-to-date with the latest industry trends and advancements.
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Q2. Tell me end to end flow of any of your project.
Ans. 
The end to end flow of my project involved gathering requirements, analyzing data, designing solutions, implementing changes, and testing for quality assurance.
• Gathered requirements from stakeholders

• Analyzed data to identify trends and patterns

• Designed solutions based on analysis

• Implemented changes in the system

• Tested the changes for quality assurance
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Q1. E2E Securitisation process
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