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Life Insurance Corporation of India Cashier Interview Questions and Answers

Updated 15 Jun 2024

Life Insurance Corporation of India Cashier Interview Experiences

2 interviews found

Cashier Interview Questions & Answers

user image Anonymous

posted on 15 Jun 2024

Interview experience
4
Good
Difficulty level
Easy
Process Duration
-
Result
Selected Selected

I applied via Apna Jobs and was interviewed in May 2024. There was 1 interview round.

Round 1 - One-on-one 

(4 Questions)

  • Q1. Tell me something about yourself
  • Q2. Your work experience
  • Q3. Where are you currently working
  • Q4. What is your role

Cashier Interview Questions & Answers

user image Punam Bharambe

posted on 23 Apr 2024

Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - HR 

(1 Question)

  • Q1. Intro and experience what u gain from last job

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Interview questions from similar companies

Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
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 - Technical 

(2 Questions)

  • Q1. What is the full form of AML & IRDAI
  • Ans. 

    AML - Anti Money Laundering, IRDAI - Insurance Regulatory and Development Authority of India

    • AML stands for Anti Money Laundering, which is a set of regulations designed to prevent the generation of income through illegal activities.

    • IRDAI stands for Insurance Regulatory and Development Authority of India, which is the regulatory body for the insurance sector in India.

    • Both AML and IRDAI play crucial roles in ensuring tra...

  • Answered by AI
  • Q2. Why should the company hire you?

I applied via Referral and was interviewed before Jun 2021. There was 1 interview round.

Round 1 - One-on-one 

(2 Questions)

  • Q1. Family background about
  • Q2. Computer skills excel, pivot

Interview Preparation Tips

Interview preparation tips for other job seekers - Company provides good wlb , work culture is 👍

I appeared for an interview in Dec 2016.

Interview Questionnaire 

7 Questions

  • Q1. Tell me about yourself
  • Ans. 

    I am a dedicated and detail-oriented analyst with a strong background in data analysis and problem-solving.

    • I have a Bachelor's degree in Statistics and experience in analyzing large datasets

    • I am proficient in using statistical software such as R and Python

    • I have a proven track record of identifying trends and providing actionable insights to drive business decisions

  • Answered by AI
  • Q2. How does Insurance companies work ?
  • Ans. 

    Insurance companies work by providing financial protection to individuals or organizations against potential risks or losses.

    • Insurance companies collect premiums from policyholders in exchange for coverage.

    • They assess risks and determine the appropriate premiums to charge based on factors such as age, health, and occupation.

    • Insurance companies invest the collected premiums to generate income and ensure they have suffic...

  • Answered by AI
  • Q3. Who is an actuary and what are his roles ?
  • Ans. 

    An actuary is a professional who assesses and manages financial risks using mathematics, statistics, and business knowledge.

    • Analyzing data to calculate probabilities of events such as death, sickness, injury, and property loss

    • Designing insurance policies and pension plans based on risk assessments

    • Helping companies make informed decisions on managing risks and setting premiums

    • Advising on investment strategies to ensure ...

  • Answered by AI
  • Q4. What is India's GDP and its growth rate ?
  • Ans. 

    India's GDP is $2.7 trillion with a growth rate of 4.2%.

    • India's GDP is one of the largest in the world.

    • As of 2020, India's GDP was $2.7 trillion.

    • The growth rate of India's GDP in 2020 was 4.2%.

    • India's GDP growth rate has been fluctuating over the years.

    • The COVID-19 pandemic had a significant impact on India's GDP growth.

  • Answered by AI
  • Q5. What are the Pros and Cons of Demonetization ?
  • Ans. 

    Demonetization has pros and cons that impact various aspects of the economy and society.

    • Pros: Curbing black money, reducing corruption, promoting digital transactions

    • Cons: Initial economic disruption, inconvenience to the public, impact on informal sector

    • Example of a pro: Demonetization helped uncover undisclosed income and led to an increase in tax compliance.

    • Example of a con: Small businesses and daily wage workers f

  • Answered by AI
  • Q6. If there are two data sets each with 100 variables and having 10000 and 12000 policies verify the validity of the second data set assuming the first one is accurate.
  • Ans. 

    The validity of the second data set can be verified by comparing it with the first data set.

    • Compare the variables in both data sets to ensure they are the same.

    • Check if the number of policies in the second data set matches the number stated.

    • Perform statistical analysis on both data sets to identify any discrepancies or inconsistencies.

    • Validate the accuracy of the second data set by cross-referencing it with external so

  • Answered by AI
  • Q7. Why do you want to work as an analyst ?
  • Ans. 

    I am passionate about analyzing data and deriving insights to drive informed decision-making.

    • I enjoy problem-solving and critical thinking, which are essential skills for an analyst.

    • I have a strong attention to detail and excel at organizing and interpreting complex information.

    • I am interested in utilizing data to identify trends, patterns, and opportunities for improvement.

    • I believe that my analytical skills can contr...

  • Answered by AI

Interview Preparation Tips

College Name: IIT Madras

I applied via Naukri.com and was interviewed before Apr 2021. There was 1 interview round.

Round 1 - HR 

(2 Questions)

  • Q1. Why should we hire you?
  • Q2. Tell me about yourself

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident, honest.have gd communication skill

I applied via Recruitment Consultant and was interviewed in Jun 2019. There were 3 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. The question was asked about my past experiences

Interview Preparation Tips

Interview preparation tips for other job seekers - I have not so much knowledge to share about my interview experience but I would like to share one thing only that when ever you go to give interview, remember that this job is make for me only and I have a full ability to crack this interview.

I applied via Referral and was interviewed before Jul 2021. There was 1 interview round.

Round 1 - HR 

(1 Question)

  • Q1. Self introduction, what's your qualification, how many years of experience.
  • Ans. 

    I am a highly qualified professional with several years of experience in the field.

    • I have a Bachelor's degree in Business Administration.

    • I have 5 years of experience working in the finance industry.

    • I am skilled in financial analysis, budgeting, and forecasting.

    • I have successfully managed large-scale projects and teams.

    • I am proficient in various financial software and tools.

    • I have a proven track record of achieving targ

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - I am currently working in Exide company, we have expectation for salary some past 2 years no increment no bonus etc.

I applied via Campus Placement and was interviewed before May 2020. There were 4 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. General questions

Interview Preparation Tips

Interview preparation tips for other job seekers - Its good experience and easy to crack the questions.

Interview Questionnaire 

1 Question

  • Q1. Why you want to come is insurance sector
  • Ans. 

    I am passionate about helping people protect their assets and loved ones through insurance.

    • I have a strong desire to help individuals and families plan for the unexpected.

    • I believe in the importance of financial security and peace of mind that insurance provides.

    • I am interested in the dynamic and evolving nature of the insurance industry.

    • I enjoy analyzing risks and finding solutions to mitigate them.

    • I have a background...

  • Answered by AI

Interview Preparation Tips

Round: Test
Experience: Aptitude & Reasoning

Life Insurance Corporation of India Interview FAQs

How many rounds are there in Life Insurance Corporation of India Cashier interview?
Life Insurance Corporation of India interview process usually has 1 rounds. The most common rounds in the Life Insurance Corporation of India interview process are HR and One-on-one Round.

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Life Insurance Corporation of India Cashier Interview Process

based on 2 interviews

Interview experience

4.5
  
Good
View more
Life Insurance Corporation of India Cashier Salary
based on 29 salaries
₹0.5 L/yr - ₹3 L/yr
30% less than the average Cashier Salary in India
View more details

Life Insurance Corporation of India Cashier Reviews and Ratings

based on 15 reviews

4.2/5

Rating in categories

3.7

Skill development

3.7

Work-life balance

3.4

Salary

3.3

Job security

4.1

Company culture

3.2

Promotions

3.4

Work satisfaction

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