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Lic Gic Interview Questions and Answers
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1 interview found
I applied via Company Website
Interview Questionnaire
4 Questions
- Q1. Tell about you?
- Ans. I am amitesh Kumar kashyap. I belong from middle class family. I have a small family.
- Q2. What's are you age now?
- Q3. What are you doing now?
- Ans. I am guest faculty member in LIC at agent training center in ballia branch.
- Q4. How many experience in LIC secret.
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Selected
I applied via Campus Placement and was interviewed in Nov 2024. There were 4 interview rounds.
The aptitude test consisted of a combination of three types of subjects: Quantitative, English, and Logical Reasoning. The difficulty level was challenging, and it would be beneficial to review the basics of the CAT exam.
(6 Questions)
- Q1. What is the SUBSTITUTE function in Excel, and how can it be used?
- Ans.
The SUBSTITUTE function in Excel replaces a specific occurrence of a text string with another text string.
Syntax: SUBSTITUTE(text, old_text, new_text, instance_num)
text: The original text string where replacement will occur
old_text: The text string to be replaced
new_text: The text string to replace old_text with
instance_num: Optional parameter to specify which occurrence of old_text to replace
Example: =SUBSTITUTE("appl...
- Q2. What is a pivot table in Excel, and how can it be accessed and utilized?
- Ans.
A pivot table in Excel is a data summarization tool that allows you to reorganize and summarize selected columns and rows of data.
Accessed by selecting the data range you want to analyze, then going to the 'Insert' tab and clicking on 'PivotTable'.
Utilized by dragging and dropping fields into the 'Rows', 'Columns', 'Values', and 'Filters' areas to organize and summarize data.
Can be used to quickly analyze large dataset...
- Q3. What are the differences between Tableau and Power BI, and which one is considered superior?
- Ans.
Tableau and Power BI are both powerful data visualization tools, with Tableau being more user-friendly and Power BI offering better integration with Microsoft products.
Tableau is known for its user-friendly interface and ease of use for creating visually appealing dashboards.
Power BI offers better integration with Microsoft products such as Excel, SharePoint, and SQL Server.
Tableau is considered superior for its ease o...
- Q4. What is the process to sort the top 10 rows in Excel?
- Ans.
To sort the top 10 rows in Excel, select the range of data, go to the Data tab, click on Sort, choose the column to sort by, select Top 10 from the options, and specify whether to sort in ascending or descending order.
Select the range of data containing the top 10 rows you want to sort.
Go to the Data tab in Excel.
Click on the Sort button.
Choose the column you want to sort by.
Select 'Top 10' from the 'Sort On' dropdown ...
- Q5. What is adjusted R-squared in descriptive statistics, and what information can be derived from it?
- Ans.
Adjusted R-squared is a statistical measure that adjusts the R-squared value for the number of predictors in a regression model.
Adjusted R-squared takes into account the number of predictors in a regression model, providing a more accurate measure of the model's goodness of fit.
It penalizes the addition of unnecessary predictors, helping to prevent overfitting.
A higher adjusted R-squared value indicates a better fit of...
- Q6. What is correlation, and what conclusions can be drawn from it?
- Ans.
Correlation is a statistical measure that describes the relationship between two variables.
Correlation can range from -1 to 1, with 0 indicating no correlation, 1 indicating a perfect positive correlation, and -1 indicating a perfect negative correlation.
A positive correlation means that as one variable increases, the other variable also tends to increase. For example, there is a positive correlation between studying h...
(4 Questions)
- Q1. What are the five stages of project?
- Ans.
The five stages of a project are initiation, planning, execution, monitoring and controlling, and closing.
Initiation: Defining the project, its scope, objectives, and stakeholders.
Planning: Creating a detailed project plan, including tasks, timelines, resources, and budget.
Execution: Carrying out the project plan and completing the work.
Monitoring and Controlling: Tracking project progress, managing changes, and ensuri...
- Q2. What is the difference between a project manager and a product manager?
- Ans.
Project managers focus on overseeing the execution of a specific project, while product managers are responsible for the overall strategy and development of a product.
Project managers are focused on the successful completion of a project within scope, budget, and time constraints.
Product managers are responsible for the strategic direction, development, and success of a product throughout its lifecycle.
Project managers...
- Q3. What are two limitations of food delivery apps that you believe need improvement?
- Ans.
Limitations of food delivery apps that need improvement
Inaccurate delivery times leading to customer dissatisfaction
Limited restaurant options available on the app
Difficulty in customizing orders or making special requests
Issues with order accuracy and missing items
Lack of transparency in pricing and additional fees
- Q4. Can you provide a real-life example of a project where you led a team to successful completion?
- Ans.
Led a team to successfully launch a new software application for a client
Developed project timeline and milestones
Assigned tasks to team members based on their strengths
Held regular team meetings to track progress and address any issues
Collaborated with client to ensure project met their expectations
Conducted thorough testing and quality assurance before final launch
(5 Questions)
- Q1. What is your place of domicile?
- Ans.
I currently reside in a cozy apartment in downtown Seattle.
My place of domicile is in Seattle, Washington.
I live in a cozy apartment in downtown Seattle.
I have been a resident of Seattle for the past five years.
- Q2. Can you describe your family background and the members who live in your household?
- Ans.
I come from a close-knit family with my parents and two siblings living in our household.
Close-knit family
Parents and two siblings
Living together in the same household
- Q3. Is the family income derived from a business or from job holders?
- Ans.
Family income can be derived from both a business and job holders.
Family income can come from a business owned by a family member.
Family income can also come from salaries earned by family members from their jobs.
In some cases, family income may be a combination of income from both business and job holders.
Examples: A family may own a small business like a bakery and also have family members working in corporate jobs.
A...
- Q4. What is your motivation for choosing to work in the insurance industry?
- Ans.
I am motivated to work in the insurance industry because of its stability, growth opportunities, and the chance to help individuals and businesses protect themselves financially.
Stability: Insurance is a stable industry that is less affected by economic downturns.
Growth opportunities: There are various career paths and opportunities for advancement within the insurance industry.
Helping others: Working in insurance allo...
- Q5. Are you willing to relocate to Bengaluru?
- Ans.
Yes, I am willing to relocate to Bengaluru for the Project Manager position.
I am open to relocating for the right opportunity
I have experience working in different locations
I am excited about the prospect of working in Bengaluru
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Deputy Manager Interview Questions & Answers
Kotak Mahindara Life Insurance
Asma Kamar K
posted on 6 Jan 2025
Selected
I applied via Company Website and was interviewed in Dec 2024. There were 3 interview rounds.
General aptitude test
(4 Questions)
- Q1. Why do you choose our concern?
- Q2. Can you explain your previous work experience step on step?
- Q3. The role you choose is irrelevant to previous one what makes believe you that you can survive
- Q4. We have 6 months of probation period for all the payroll staffs,post the probation only you will be a confirmed payroll employee, is that ok for you?
(2 Questions)
- Q1. About previous role and duties
- Q2. Why do you left the organisation?
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Please give me job offer Interview Questions & Answers
SBI Life Insurance Company
Yash Sharma
posted on 18 Jan 2025
Selected
I applied via Company Website and was interviewed in Dec 2024. There were 3 interview rounds.
(2 Questions)
- Q1. Life insurance is very important . why Life insurance is important?
- Q2. What expectations your life insurance?
(2 Questions)
- Q1. What's name? Please enter your name and your personal details?
- Q2. Please give me questions answers and I help you any problem?
(2 Questions)
- Q1. What expectations your salary?
- Q2. What's opinion your this company and this job?
State Head Interview Questions & Answers
Bajaj Allianz Life Insurance
Anonymous
posted on 11 Jan 2025
I applied via Naukri.com
(3 Questions)
- Q1. How important an honest person for the organisation's real growth?
- Q2. Should there be retirement if the person is fit?
- Q3. Should not there be the pension for an honest employee after atleast 5years of one's job with the organisation?
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Branch Relationship Manager Interview Questions & Answers
Max Life Insurance
Mohd Dawood Amber khan
posted on 10 Dec 2024
I applied via Referral and was interviewed in Nov 2024. There were 3 interview rounds.
(2 Questions)
- Q1. Introduction, Profile & performance of each previous organisation
- Q2. Product knowledge & Achievement
(2 Questions)
- Q1. Communication skill, confidence
- Q2. Leadership Level questions on Team Handling & team growth
(2 Questions)
- Q1. On Max Life values understanding level
- Q2. New role Handling questions
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Partners Distribution at Interview Questions & Answers
ICICI Prudential Life Insurance
Anonymous
posted on 2 Dec 2024
Selected
I applied via Naukri.com and was interviewed in Nov 2024. There were 3 interview rounds.
(2 Questions)
- Q1. Tell me about yourself
- Q2. Salary expections
(3 Questions)
- Q1. What do you know about stock market??
- Q2. Can you deal presure
- Q3. Compulsary field work?
(2 Questions)
- Q1. Can you handle pressure
- Q2. All Saturday are working are you comfortable ?
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(5 Questions)
- Q1. Tell me about yourself
- Ans.
I am a recent graduate with a degree in Business Administration and a passion for leadership and strategic planning.
Graduated with a degree in Business Administration
Passionate about leadership and strategic planning
Completed internships in marketing and finance
Strong communication and problem-solving skills
- Q2. Why did you choose this job
- Ans.
I chose this job because of the opportunity for growth and development in a dynamic industry.
Opportunity for growth and development
Interest in the industry
Alignment with my skills and career goals
- Q3. Why you want to do sales
- Ans.
I am passionate about building relationships, meeting new people, and achieving targets through effective communication and negotiation.
Enjoy interacting with people and building relationships
Excited about meeting new challenges and targets
Skilled in communication and negotiation
Thrives in a fast-paced and competitive environment
- Q4. Explain the different types of insurance
- Ans.
Types of insurance include life, health, auto, home, and disability insurance.
Life insurance: Provides financial protection to beneficiaries in case of the insured's death.
Health insurance: Covers medical expenses and treatments for illnesses and injuries.
Auto insurance: Protects against financial loss in case of accidents or theft involving a vehicle.
Home insurance: Covers damage to a home and its contents due to even...
- Q5. Who is the CEO of hdfc life
- Ans.
The CEO of HDFC Life is Vibha Padalkar.
Vibha Padalkar is the current CEO of HDFC Life.
She has been associated with HDFC Life since 2008 and has held various leadership positions before becoming the CEO.
Under her leadership, HDFC Life has seen significant growth and expansion in the insurance sector.
Interview Preparation Tips
Know your job role
Know the basics about insurance
Bhavna Gupta
I applied via Walk-in and was interviewed in Nov 2024. There were 4 interview rounds.
(2 Questions)
- Q1. Walk me through your resume. About insurance process what is policy life cycle.
- Q2. Tell me about your previous role.
- Ans.
I was responsible for analyzing and improving processes to increase efficiency and productivity.
Led process improvement initiatives to streamline operations
Identified bottlenecks and implemented solutions to optimize workflows
Collaborated with cross-functional teams to gather data and feedback
Utilized data analysis tools to track performance metrics
Developed and implemented process documentation and training materials
Yet to complete the test
(2 Questions)
- Q1. Asked about Gallagher.
- Q2. What do you know about Gallagher.
- Ans.
Gallagher is a global insurance brokerage, risk management, and consulting firm.
Founded in 1927 by Arthur J. Gallagher
Headquartered in Rolling Meadows, Illinois
Provides insurance, risk management, and consulting services globally
Offers services in areas such as commercial insurance, employee benefits, and personal insurance
Has a strong focus on client relationships and personalized service
(2 Questions)
- Q1. Situation based questions were asked.
- Q2. How would you built the trust with the stakeholders
- Ans.
Building trust with stakeholders involves open communication, transparency, and delivering on commitments.
Establish open lines of communication with stakeholders to address concerns and provide updates
Be transparent about project progress, challenges, and decisions
Deliver on commitments and follow through on promises to build credibility
Seek feedback from stakeholders and incorporate their input into decision-making pr...
Deputy Manager Interview Questions & Answers
HDFC Ergo General Insurance
Anonymous
posted on 19 Jan 2025
Selected
I was interviewed in Dec 2024.
(2 Questions)
- Q1. What about your Previous Experience
- Ans.
I have over 5 years of experience in a similar role, leading teams and implementing successful strategies.
Managed a team of 15 employees, overseeing their daily tasks and performance
Implemented new procedures that increased efficiency by 20%
Collaborated with senior management to develop and execute strategic plans
Trained new employees on company policies and procedures
- Q2. Your job profile in last two companies
- Ans.
In my last two companies, I worked as a Sales Manager and Operations Manager.
Managed a team of sales representatives to achieve targets
Developed and implemented sales strategies to increase revenue
Oversaw day-to-day operations and ensured efficiency
Collaborated with cross-functional teams to improve processes
(2 Questions)
- Q1. What is your working style in agency
- Ans.
My working style in the agency is collaborative, organized, and results-driven.
I believe in open communication and teamwork to achieve common goals.
I prioritize tasks based on deadlines and importance to ensure efficiency.
I am focused on delivering high-quality results and meeting targets consistently.
- Q2. How many members in your family
- Ans.
I have 4 members in my family including my parents, my younger sister, and myself.
My family consists of 4 members
Includes my parents, younger sister, and myself
We are a close-knit family
(2 Questions)
- Q1. Basic qualification
- Q2. What about you
(2 Questions)
- Q1. Your 1st job in which company
- Ans.
My first job was as a sales associate at ABC Company.
Worked in the sales department assisting customers with their purchases
Handled cash transactions and maintained inventory levels
Provided excellent customer service to ensure customer satisfaction
- Q2. What is oem channel in motor vertical
- Ans.
OEM channel in motor vertical refers to Original Equipment Manufacturer distribution channel in the motor industry.
OEM channel involves selling products directly to manufacturers who then incorporate them into their own products.
This distribution channel is common in industries like automotive, electronics, and machinery.
OEM partners often have exclusive agreements with manufacturers to supply components or products.
OE...
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