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ICICI Lombard General Insurance Company Product Manager - Actuaries Interview Questions and Answers

Updated 5 Dec 2015

ICICI Lombard General Insurance Company Product Manager - Actuaries Interview Experiences

1 interview found

Interview Preparation Tips

Round: Resume Shortlist
Experience: My resume was not a stand out one. It was decent with internships in two startups and course projects in economics. People with a ok resume will make the cut.

Round: Test
Experience: IIT-JEE level questions on probability were asked. They were not very hard but little tricky. 17 objective questions with negative marks for wrong answers and 3 puzzles with no negative marks for wrong answers were asked. Calculators were also allowed.
Tips: Brush up on probability will help you answer all the 20 questions.
Duration: 60 minutes
Total Questions: 20

Round: Stress Interview
Experience: My interview wasn't great at all. I thought I would never make the cut after the interview. A 6 member panel with 3 members bombarding me with questions and 3 members laughing at me for everything I say. Asked me about normal distributions that I had mentioned in my resume. I wasn't able to answer the questions properly on this part. They asked me to leave and I convinced them to give me some puzzles. The puzzles were very easy and may be this was the reason I got selected.
Tips: Prepare for the worst. If you have anything related to statistics in your resume be sure to learn about it very well. Command on probability will enhance your chances.

Skill Tips: Any 12th standard book on probability and statistics will do. Concentrate more on the probability part. Learning statics might give you an edge over other people.
Skills: Statistics, Maths(esp Probability), Probability And Statistics
College Name: IIT Bombay

Interview questions from similar companies

I applied via Walk-in and was interviewed in Nov 2020. There were 4 interview rounds.

Interview Questionnaire 

5 Questions

  • Q1. How many experiences
  • Q2. Family background
  • Q3. Salary expectation
  • Q4. Joining date
  • Q5. Fine

Interview Preparation Tips

Interview preparation tips for other job seekers - Over all good

I applied via Referral and was interviewed before Feb 2020. There was 1 interview round.

Interview Questionnaire 

1 Question

  • Q1. They will ask relevant experience in the same field..

Interview Preparation Tips

Interview preparation tips for other job seekers - Be Confident about yourself..and have adequate knowledge of sales profile
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Campus Placement and was interviewed before Jan 2022. There were 4 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all Resume tips
Round 2 - Group Discussion 

2 rounds gd, this process excluded so many peoples for other round

Round 3 - Aptitude Test 

Normal aptitude test with time period

Round 4 - HR 

(3 Questions)

  • Q1. Regarding the ppt shown by the
  • Q2. Personal questions, how u gone managed Between work and life
  • Q3. Training related questions about company and product

Interview Preparation Tips

Interview preparation tips for other job seekers - Must apply for this company, they believe in retaining employees. This company is always there for their employees,
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Naukri.com and was interviewed before Feb 2022. There were 2 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Don’t add your photo or details such as gender, age, and address in your resume. These details do not add any value.
View all Resume tips
Round 2 - One-on-one 

(3 Questions)

  • Q1. Past experience Timing issues or
  • Q2. Target based job How will you handle pressure
  • Ans. 

    I handle pressure by staying organized, prioritizing tasks, and maintaining a positive mindset.

    • I stay organized by creating a to-do list and breaking down tasks into smaller, manageable steps.

    • I prioritize tasks by identifying the most important and urgent ones and tackling them first.

    • I maintain a positive mindset by focusing on solutions rather than problems and seeking support from colleagues or mentors when needed.

    • Fo...

  • Answered by AI
  • Q3. About our profile How will you manage traveling What is your future goal

Interview Preparation Tips

Interview preparation tips for other job seekers - Always be in formal dress
Tell the truth and be confident
Always ask detailed job profile before joining
Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all Resume tips
Round 2 - Group Discussion 

Why this company is valuable the other company

Round 3 - Technical 

(1 Question)

  • Q1. How to assessment the NCB calculation
  • Ans. 

    NCB calculation can be assessed by reviewing the policy documents and verifying the discount percentage applied.

    • Check the policy documents for NCB details

    • Verify the discount percentage applied

    • Ensure the NCB is applied correctly to the premium amount

    • Compare the NCB calculation with previous years' policies

    • Contact the insurance company for any discrepancies

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - If u want to grow up thn choose it.
Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all Resume tips
Round 2 - One-on-one 

(1 Question)

  • Q1. WHAT ARE DIFFERENT TYPES OF GENERAL INSURANCE
  • Ans. 

    General insurance includes various types of non-life insurance policies.

    • Motor insurance

    • Health insurance

    • Travel insurance

    • Home insurance

    • Fire insurance

    • Marine insurance

    • Commercial insurance

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident and Reflect your knowledge
Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all Resume tips
Round 2 - Aptitude Test 

Interview Preparation Tips

Interview preparation tips for other job seekers - I
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Approached by Company and was interviewed in Aug 2022. There were 2 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all Resume tips
Round 2 - insurance 

(2 Questions)

  • Q1. Insurance Related Coverage
  • Q2. Health an motor insurance

Interview Preparation Tips

Interview preparation tips for other job seekers - Answer the question without fear
Give Interview in formal dress

I applied via Campus Placement and was interviewed before Jan 2020. There were 3 interview rounds.

Interview Questionnaire 

4 Questions

  • Q1. 1.introduce yourself
  • Q2. What strategy you apply while hiring insurance advisor
  • Q3. Which audience you will target for hiring advisor
  • Q4. Are you comfortable in traveling or going in field for meeting prospect

Interview Preparation Tips

Interview preparation tips for other job seekers - I will advice you that be positive and speak confidently what you are speaking.
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