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LIC Mutual Fund Business Operations Associate Interview Questions and Answers

Updated 12 Jul 2021

LIC Mutual Fund Business Operations Associate Interview Experiences

Interview questions from similar companies

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

I was interviewed in Jul 2024.

Round 1 - One-on-one 

(2 Questions)

  • Q1. What are the effective strategies for selling insurance?
  • Q2. What is your approach to recruiting a team?
Round 2 - One-on-one 

(2 Questions)

  • Q1. Why should I hire you?
  • Q2. What is the volume of business you have conducted in the past six months?

Interview Preparation Tips

Interview preparation tips for other job seekers - Very good company and friendly environment.
Interview experience
3
Average
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Technical 

(2 Questions)

  • Q1. SQL joins and cte
  • Q2. Jira software operation
  • Ans. 

    Jira software is a project management tool used for tracking issues and managing tasks.

    • Jira allows users to create and track issues, assign tasks, and prioritize work.

    • Users can customize workflows, create dashboards, and generate reports.

    • Integration with other tools like Confluence and Bitbucket is possible.

    • Example: Creating a new issue, assigning it to a team member, and tracking its progress.

  • Answered by AI
Round 2 - HR 

(2 Questions)

  • Q1. How many years exp
  • Q2. What domain have you worked? Did you work in finance project?
Round 3 - One-on-one 

(2 Questions)

  • Q1. Normal work did in past
  • Ans. 

    Performed data analysis, requirement gathering, process improvement, and documentation in past roles.

    • Conducted data analysis to identify trends and insights

    • Gathered requirements from stakeholders to understand business needs

    • Improved processes by identifying inefficiencies and proposing solutions

    • Documented findings, requirements, and processes for reference

  • Answered by AI
  • Q2. And what are my aspirations

Interview Preparation Tips

Interview preparation tips for other job seekers - Financial experience needed, and also they said that the role willl be more inclined towards operations .So if you are strongly from technical background it will be a bit difficult
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Not Selected

I applied via Walk-in and was interviewed in Jul 2024. There was 1 interview round.

Round 1 - HR 

(4 Questions)

  • Q1. Whats is crm and how its work?
  • Q2. What is the best attractive skill you have for this job?
  • Q3. Being a business support excecutive what is important?
  • Ans. 

    Understanding the needs of the business, providing effective support, and contributing to its growth are important as a business support executive.

    • Understanding the goals and objectives of the business

    • Providing timely and efficient support to various departments

    • Building strong relationships with clients and stakeholders

    • Identifying opportunities for growth and development

    • Adapting to changes in the business environment

    • Ef

  • Answered by AI
  • Q4. Client is the major part of business if you say yes/ no justify

Interview Preparation Tips

Interview preparation tips for other job seekers - In my hard time got this job and this is my first job am not the adviser for my kind opinion give respect to job for getting salary.
Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Technical 

(1 Question)

  • Q1. About Jira and Agile methodologies
Interview experience
4
Good
Difficulty level
Hard
Process Duration
2-4 weeks
Result
Selected Selected

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

Round 1 - One-on-one 

(1 Question)

  • Q1. Why would we hire you
  • Ans. Answer to this question is subject to the interview you are appearing for , do not answer this question basis on what Google advice you to speak, the best answer to this question about something that you have achieved in your previous firm and how you can bring change in this firm by using that expertise and experience.
  • Answered Anonymously

Interview Preparation Tips

Interview preparation tips for other job seekers - Before you apply for any positions , make sure that you edit your CV as per job description and ensure you do a proper research about company and the job you have applied for , this will put you ahead of everyone since you already know what you have to do in the role.
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Technical 

(1 Question)

  • Q1. OOPS related questions
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Campus Placement and was interviewed in Mar 2023. 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 - Interactive round 

(5 Questions)

  • Q1. What is mutual funds and what is financial market.
  • Ans. 

    Mutual funds are investment vehicles that pool money from multiple investors to invest in a diversified portfolio of stocks, bonds, or other securities. Financial market refers to a marketplace where buyers and sellers trade financial assets such as stocks, bonds, currencies, and commodities.

    • Mutual funds are managed by professional fund managers who invest the pooled money in a diversified portfolio of securities.

    • Inves...

  • Answered by AI
  • Q2. Mostly about the company information
  • Q3. Describe Color black
  • Ans. 

    Black is a color that is often associated with darkness, mystery, and sophistication.

    • Black is the absence of all colors in the visible spectrum.

    • It is often used in fashion to create a sleek and sophisticated look.

    • In art, black is used to create contrast and depth.

    • Black is also associated with mourning and is often worn at funerals.

    • In nature, black can be found in the feathers of crows and ravens, as well as in the fur

  • Answered by AI
  • Q4. Describe your favourite animal
  • Ans. 

    My favorite animal is the majestic lion, known for its strength and leadership.

    • Lions are the kings of the animal kingdom, symbolizing power and courage.

    • They have a distinctive golden mane that adds to their regal appearance.

    • Lions live in prides, consisting of a dominant male, several females, and their cubs.

    • They are skilled hunters and can take down large prey like wildebeests and zebras.

    • Lions have a roar that can be h...

  • Answered by AI
  • Q5. Sell me a pen when I already have one
  • Ans. 

    This pen is not just any pen, it's a tool that can enhance your writing experience and make you stand out.

    • This pen has a unique ink formula that is smudge-proof and long-lasting.

    • It has a comfortable grip that reduces hand fatigue and allows for better control.

    • The pen's sleek design and professional look will make you stand out in any meeting or presentation.

    • This pen is also refillable, making it a more sustainable and

  • Answered by AI
Round 3 - HR 

(1 Question)

  • Q1. I was selected for the second round but didn’t appear for it

Interview Preparation Tips

Interview preparation tips for other job seekers - Just stay confident and be ready to move pan India and work on the field as this is a sales job be ready for any possible relocation they as you for
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Approached by Company and was interviewed before Mar 2023. There were 3 interview rounds.

Round 1 - Technical 

(1 Question)

  • Q1. Past experience queries and some tech questions related to past projects
Round 2 - Technical 

(1 Question)

  • Q1. Some mainframe, CIBIL and db2 questions
Round 3 - HR 

(1 Question)

  • Q1. General questions
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Company Website and was interviewed before Sep 2022. There were 4 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 - Aptitude Test 

Tell me about your self

Round 3 - HR 

(4 Questions)

  • Q1. Why you want this company..
  • Q2. I want show better opportunity...
  • Q3. What is your goals??
  • Q4. Why will I hire you??
Round 4 - Assignment 

Question and ans in from of HR

Interview Preparation Tips

Interview preparation tips for other job seekers - All is good

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