Kotak Mahindara Life Insurance Account Assistant Interview Questions and Answers

Insurance and Banking

Q1. How you handle Auditors?
Ans. 
I maintain open communication, provide necessary documentation, and ensure compliance with regulations.
• Maintain open communication with auditors to address any queries or concerns

• Provide necessary documentation and information requested by auditors

• Ensure compliance with regulations and internal controls

• Address any findings or discrepancies identified by auditors promptly

• Collaborate with auditors to improve processes an
Answered by AI
Add your answer
Q2. If any Audit observation come then how will you manage auditors?
Ans. 
I will address the audit observations promptly, provide necessary information to auditors, and work collaboratively to resolve any issues.
• Acknowledge the audit observation and understand the concerns raised

• Provide all necessary information and documentation to auditors in a timely manner

• Collaborate with auditors to address the issues and implement corrective actions

• Regularly communicate with auditors to provide updates...read more
Answered by AI
Add your answer

Technical and financial capacity

Q1. All are good for me but I am not sure
Add your answer

Knowing abilities through various testing of employees

Read for company work so that employee can do best work in that..

Q1. Procure to pay cycle in detail
Ans. 
The procure to pay cycle is the process of obtaining goods or services from a vendor, receiving and approving the invoice, and making payment.
• Procurement: Identifying the need for goods or services and selecting a vendor.

• Purchase Order: Creating a purchase order detailing the goods or services to be procured.

• Receipt of Goods/Services: Receiving the goods or services and verifying them against the purchase order.

• Invoice...read more
Answered by AI
Add your answer

One topic choose and give speech

4 part in aptitude english, logical, insurance, accounting

Q1. What is accounting
Ans. 
Accounting is the process of recording, summarizing, analyzing, and reporting financial transactions of a business.
• Involves recording financial transactions

• Summarizing financial data in financial statements

• Analyzing financial information to make business decisions

• Reporting financial results to stakeholders

• Examples: preparing balance sheets, income statements, cash flow statements
Answered by AI
Add your answer

Q1. Location thish ishu
Add your answer
Q2. The I like is work
Add your answer
Q3. Then my City and my work
Add your answer