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Kotak Mahindara Life Insurance Underwriting Officer Interview Questions and Answers

Updated 5 Aug 2024

Kotak Mahindara Life Insurance Underwriting Officer Interview Experiences

1 interview found

Underwriting Officer Interview Questions & Answers

user image Anonymous

posted on 5 Aug 2024

Interview experience
5
Excellent
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Campus Placement and was interviewed before Aug 2023. There were 2 interview rounds.

Round 1 - Aptitude Test 

Behavioural test, easy math and english question

Round 2 - Technical 

(4 Questions)

  • Q1. Basics about Insurance like principle of insurance (Fresher)
    • Add your answer
  • Q2. Why insurance industry ?
  • Ans. 

    Insurance industry offers stability, growth opportunities, and the chance to help individuals and businesses protect their assets.

    • Opportunity for career growth and advancement

    • Stability in a constantly changing economy

    • Ability to help individuals and businesses manage risk and protect assets

    • Variety of roles and specialties within the industry

    • Answered by AI
    Add your answer
  • Q3. Attitude test question (Can you sit for long hour)
    • Add your answer
  • Q4. What is underwriting ?
  • Ans. 

    Underwriting is the process of evaluating the risk of insuring a person or asset and determining the premium to be charged.

    • Underwriting involves assessing the risk associated with insuring a particular individual or asset.

    • Factors such as age, health, occupation, and lifestyle are considered during underwriting.

    • Underwriters use statistical models and historical data to predict the likelihood of a claim being made.

    • The pr...

    • Answered by AI
    Add your answer

Interview Preparation Tips

Interview preparation tips for other job seekers - For Freshers be thorough with basics of insurance. Read as much theory about Insurance Industry. Type of Products in Insurance.

Top trending discussions

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Career Advice
2w
an accounts & finance executive
Seeking Advice on Transitioning from AR to Core Finance Roles
Hi everyone, I’ve been working in Accounts Receivable (AR) for 3 years and am currently pursuing CMA US. I want to transition into core finance roles like financial analysis, FP&A, or corporate finance. Would love to hear from those who’ve made a similar switch—what roles should I target, what salary can I expect, and which companies are good for this move? Any advice or experiences would be really helpful. Thanks in advance! #Finance #AccountsReceivable #CareerTransition #CMAUS #FinancialAnalysis #FP&A #CorporateFinance #JobSearch
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  • Q1. Achievements of last job
    • Add your answer
  • Q2. How can you manage stress
    • Add your answer

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Axis Max Life Insurance user image Anonymous

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Axis Max Life Insurance user image Anonymous

posted on 31 Mar 2021

I appeared for an interview in Mar 2021.

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More about working at Kotak Mahindara Life Insurance

Kotak Mahindara Life Insurance Interview FAQs

How many rounds are there in Kotak Mahindara Life Insurance Underwriting Officer interview?
Kotak Mahindara Life Insurance interview process usually has 2 rounds. The most common rounds in the Kotak Mahindara Life Insurance interview process are Aptitude Test and Technical.
What are the top questions asked in Kotak Mahindara Life Insurance Underwriting Officer interview?

Some of the top questions asked at the Kotak Mahindara Life Insurance Underwriting Officer interview -

  1. Why insurance industr...read more
  2. What is underwritin...read more
  3. Basics about Insurance like principle of insurance (Fresh...read more

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