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ICICI Lombard General Insurance Company Underwriter Interview Questions and Answers

Updated 24 May 2024

ICICI Lombard General Insurance Company Underwriter Interview Experiences

2 interviews found

Underwriter Interview Questions & Answers

user image Anonymous

posted on 24 May 2024

Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Technical 

(2 Questions)

  • Q1. Walk through the resume
  • Q2. Technical questions

Underwriter Interview Questions & Answers

user image Anonymous

posted on 18 Nov 2022

I applied via campus placement at Jaipuria Institute of Management, Ghaziabad and was interviewed in Oct 2022. There were 3 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 tips
Round 2 - Group Discussion 

Topic of GD were general, overall communication skills and content was being judged. Make sure to not go political unnecessarily this can work against you.

Round 3 - One-on-one 

(5 Questions)

  • Q1. Tell me about yourself
  • Q2. Where you used your strategic thinking skills
  • Q3. What is the role of Underwriter
  • Q4. What are the types of risk
  • Ans. 

    Types of risk include market risk, credit risk, operational risk, liquidity risk, and legal risk.

    • Market risk: the risk of financial loss due to changes in market conditions

    • Credit risk: the risk of loss due to a borrower's failure to repay a loan or meet contractual obligations

    • Operational risk: the risk of loss due to inadequate or failed internal processes, people, and systems

    • Liquidity risk: the risk of loss due to the...

  • Answered by AI
  • Q5. What is general insurance and are life insurance part of general insurance
  • Ans. 

    General insurance covers non-life assets and liabilities. Life insurance is not a part of general insurance.

    • General insurance provides coverage for assets and liabilities that are not related to life, such as property, vehicles, and liability insurance.

    • Life insurance, on the other hand, provides coverage for the life of the insured and pays out a death benefit to the beneficiaries upon the insured's death.

    • Examples of g...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Stay calm and give answers positively.
Read each and every details of your resume mostly interview was resume based. Keep examples for justifying your skills mentioned in resume.

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Interview questions from similar companies

Interview experience
4
Good
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Selected Selected

I applied via LinkedIn and was interviewed in Dec 2023. There was 1 interview round.

Round 1 - One-on-one 

(1 Question)

  • Q1. What do you bring to the team?

Interview Preparation Tips

Interview preparation tips for other job seekers - Keep it precise
Round 1 - Aptitude Test 

Do apply when advertisement came.Its prelims mains and interview process.

Round 2 - Aptitude Test 

Quant reasoning english current affairs and financial awareness

Round 3 - HR 

(2 Questions)

  • Q1. Insurance related basic question
  • Q2. Current affairs related questions

Interview Preparation Tips

Interview preparation tips for other job seekers - Just apper clear prelims.Do it again if u fail.
Interview experience
3
Average
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Selected Selected

I applied via Walk-in and was interviewed before Nov 2022. There were 3 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 tips
Round 2 - HR 

(1 Question)

  • Q1. Bargaining Package
Round 3 - HR 

(1 Question)

  • Q1. Insurance Experience
  • Ans. 

    I have 5 years of insurance experience in underwriting for various types of policies.

    • Worked with a variety of insurance policies such as property, casualty, and life insurance

    • Analyzed risk factors and determined appropriate coverage and premiums

    • Collaborated with agents and clients to ensure accurate policy information

    • Reviewed and processed policy applications and endorsements

    • Handled policy renewals and cancellations

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Very High Pressure Job Profile

I applied via Walk-in and was interviewed in Mar 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 tips
Round 2 - Group Discussion 

Group discussion for my job selection

Interview Preparation Tips

Topics to prepare for Star Health & Allied Insurance Underwriter interview:
  • Operation, DEO, Back office exec
Interview preparation tips for other job seekers - Back office operations, Excel good and I have knowledge of English language also.

I applied via Recruitment Consultant and was interviewed in Sep 2020. There were 3 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. Technical questions

Interview Preparation Tips

Interview preparation tips for other job seekers - Hello readers! I would like to say, the very first mantra is always be confident while replying . Don't ever try to impress or please the interviewer, always stay prompt & honest with your words. Listen calmly until the interviewer finish. NEVER EVER interrupt inbetween. You may have good knowledge & experience but sometimes it doesn't work. HOW you putting your points or views, that matters!! Never be ashamed or try to lie if you aren't able to reply a question. No-one knows everything so its completely alright. Admit it that you don't know but with a positive reply as don't know but would love to learn if I will get an opportunity. So these are few mantras for cracking interviews as per my successful experience. Hope it will help you ahead. Thanks for reading!
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Selected Selected

I applied via LinkedIn and was interviewed in Dec 2023. There was 1 interview round.

Round 1 - One-on-one 

(1 Question)

  • Q1. What do you bring to the team?

Interview Preparation Tips

Interview preparation tips for other job seekers - Keep it precise
Round 1 - Aptitude Test 

Do apply when advertisement came.Its prelims mains and interview process.

Round 2 - Aptitude Test 

Quant reasoning english current affairs and financial awareness

Round 3 - HR 

(2 Questions)

  • Q1. Insurance related basic question
  • Q2. Current affairs related questions

Interview Preparation Tips

Interview preparation tips for other job seekers - Just apper clear prelims.Do it again if u fail.
Interview experience
3
Average
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Selected Selected

I applied via Walk-in and was interviewed before Nov 2022. There were 3 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Properly align and format text in your resume. A recruiter will have to spend more time reading poorly aligned text, leading to high chances of rejection.
View all tips
Round 2 - HR 

(1 Question)

  • Q1. Bargaining Package
Round 3 - HR 

(1 Question)

  • Q1. Insurance Experience
  • Ans. 

    I have 5 years of insurance experience in underwriting for various types of policies.

    • Worked with a variety of insurance policies such as property, casualty, and life insurance

    • Analyzed risk factors and determined appropriate coverage and premiums

    • Collaborated with agents and clients to ensure accurate policy information

    • Reviewed and processed policy applications and endorsements

    • Handled policy renewals and cancellations

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Very High Pressure Job Profile

ICICI Lombard General Insurance Company Interview FAQs

How many rounds are there in ICICI Lombard General Insurance Company Underwriter interview?
ICICI Lombard General Insurance Company interview process usually has 2 rounds. The most common rounds in the ICICI Lombard General Insurance Company interview process are Resume Shortlist, Group Discussion and One-on-one Round.
How to prepare for ICICI Lombard General Insurance Company Underwriter 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 ICICI Lombard General Insurance Company. The most common topics and skills that interviewers at ICICI Lombard General Insurance Company expect are Underwriting, Insurance Underwriting, Ayurveda, Bams and Bhms.
What are the top questions asked in ICICI Lombard General Insurance Company Underwriter interview?

Some of the top questions asked at the ICICI Lombard General Insurance Company Underwriter interview -

  1. What is general insurance and are life insurance part of general insura...read more
  2. What are the types of r...read more
  3. Technical questi...read more

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ICICI Lombard General Insurance Company Underwriter Interview Process

based on 1 interview

Interview experience

4
  
Good
View more

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ICICI Lombard General Insurance Company Underwriter Salary
based on 45 salaries
₹3.7 L/yr - ₹10 L/yr
31% more than the average Underwriter Salary in India
View more details

ICICI Lombard General Insurance Company Underwriter Reviews and Ratings

based on 6 reviews

3.7/5

Rating in categories

3.5

Skill development

3.4

Work-life balance

3.1

Salary

3.4

Job security

3.7

Company culture

3.4

Promotions

3.2

Work satisfaction

Explore 6 Reviews and Ratings
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