ICICI Lombard General Insurance Company Senior Product Manager Interview Questions and Answers

Q1. Walkthrough the CV and experience.
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Improve your favourite product.

Q1. What do you feel is the most important part of Being a Product Manager ?
Ans. 
Understanding customer needs and translating them into successful products.
• Understanding customer needs and pain points

• Translating customer requirements into product features

• Prioritizing product roadmap based on market demand

• Collaborating with cross-functional teams

• Monitoring product performance and making data-driven decisions
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Q2. How do you manage conflicts between tech and business ?
Ans. 
I manage conflicts between tech and business by fostering open communication, understanding both perspectives, and finding a mutually beneficial solution.
• Encourage open communication between tech and business teams

• Understand the goals and priorities of both teams

• Identify areas of overlap and potential conflicts early on

• Collaborate with both teams to find a mutually beneficial solution

• Ensure that the solution aligns wit...read more
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Asked about the product feature roadmap and general quetions.

Q1. Describe product
Ans. 
Our product is a high-quality, customizable widget designed to streamline production processes.
• Customizable features for individualized production needs

• Streamlines production processes for increased efficiency

• High-quality materials for durability and longevity
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Q2. Problem solving case study
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Q1. Salary expected snd company values
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Q1. 1. What is the expected salary
Ans. 
The expected salary for a Product Manager depends on various factors such as experience, location, and company size.
• Research the average salary range for Product Managers in your industry and location.

• Consider your level of experience and the value you can bring to the role.

• Take into account the size and financial stability of the company.

• Negotiate based on your skills, achievements, and market demand.

• Be prepared to di...read more
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Q2. 2. Will you be working for the organization for longer period of time
Ans. 
Yes, I am committed to working for the organization for a longer period of time.
• I have a strong passion for the product and believe in its potential for success.

• I am dedicated to personal and professional growth within the organization.

• I have a track record of long-term commitments in my previous roles.

• I align with the company's values and vision for the future.

• I am excited about the opportunities for career advancemen
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