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Magma HDI General Insurance Senior Manager Interview Questions and Answers

Updated 6 Jun 2023

Magma HDI General Insurance Senior Manager Interview Experiences

2 interviews found

Senior Manager Interview Questions & Answers

user image Subhajit Dutta

posted on 6 Jun 2023

Interview experience
4
Good
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Selected Selected

I applied via Approached by Company and was interviewed in Dec 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 - HR 

(2 Questions)

  • Q1. Introduction of yourself
  • Q2. Knowles about Insurance
Round 3 - Case Study 

Knowles about products.

Round 4 - Behavioral 

(2 Questions)

  • Q1. How the Insurance works? Types of insurance
  • Ans. 

    Insurance is a financial product that provides protection against financial losses by pooling the risks of many individuals or entities.

    • Types of insurance include life insurance, health insurance, auto insurance, home insurance, and business insurance.

    • Insurance works by individuals or entities paying premiums to an insurance company in exchange for coverage against specified risks.

    • When a covered event occurs, the insur...

  • Answered by AI
  • Q2. General discussion of Sales

I applied via Naukri.com and was interviewed before Mar 2020. There was 1 interview round.

Interview Questionnaire 

1 Question

  • Q1. They asked about my experience in insurance sector.

Interview Preparation Tips

Interview preparation tips for other job seekers - Phenomenal

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Interview questions from similar companies

I applied via Referral and was interviewed before Dec 2020. There was 1 interview round.

Interview Questionnaire 

4 Questions

  • Q1. How to retain your team
  • Q2. What types of people you requiret
  • Ans. Existing sales marketing person or life insurance advisor
  • Answered by Atul Kumar
  • Q3. Why you left your last company
  • Q4. What is your goals
  • Ans. Become a regional manager with in two years
  • Answered by Atul Kumar

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confidential and true

Interview Questionnaire 

1 Question

  • Q1. Insurance
Interview experience
2
Poor
Difficulty level
Moderate
Process Duration
More than 8 weeks
Result
Selected Selected

I applied via Referral and was interviewed before Feb 2023. There was 1 interview round.

Round 1 - HR 

(2 Questions)

  • Q1. CTC and reason of leaving last employer
  • Q2. Not much questions as it was a referral
Interview experience
5
Excellent
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Referral and was interviewed before May 2023. There was 1 interview round.

Round 1 - One-on-one 

(3 Questions)

  • Q1. Tell me about your self
  • Q2. Tell about this specific project
  • Q3. What is CAC and how can we improve it
  • Ans. 

    CAC stands for Customer Acquisition Cost, which is the cost associated with acquiring a new customer.

    • CAC can be improved by optimizing marketing strategies to target the right audience

    • Reducing churn rate can also help improve CAC as it costs less to retain existing customers than acquire new ones

    • Implementing referral programs can help lower CAC by leveraging existing customers to bring in new ones

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - A very good company to work with
Interview experience
4
Good
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 - HR 

(2 Questions)

  • Q1. General questions about the past experience
  • Q2. General questions about the past experience

Interview Preparation Tips

Interview preparation tips for other job seekers - Be always prepared for the interview. The interviewer gets to know if you genuinely interested in the opportunity.

I applied via Naukri.com and was interviewed in Mar 2022. There was 1 interview round.

Round 1 - One-on-one 

(2 Questions)

  • Q1. Tell me about your self
  • Q2. I will tell all Answer

Interview Preparation Tips

Interview preparation tips for other job seekers - Very good company very nice Company
Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Assignment 

Asked to prepare a ppt

Round 2 - One-on-one 

(2 Questions)

  • Q1. Previous experience
  • Q2. Why are you leaving current job

I applied via Naukri.com and was interviewed before Dec 2020. There were 3 interview rounds.

Interview Questionnaire 

4 Questions

  • Q1. Big data arch
  • Q2. Programming questions
  • Q3. Linux scripting
  • Q4. Sql questions

Interview Preparation Tips

Interview preparation tips for other job seekers - Technical only,hr is ok round,tech is around project only

Magma HDI General Insurance Interview FAQs

How many rounds are there in Magma HDI General Insurance Senior Manager interview?
Magma HDI General Insurance interview process usually has 4 rounds. The most common rounds in the Magma HDI General Insurance interview process are Resume Shortlist, HR and Case Study.
How to prepare for Magma HDI General Insurance Senior Manager interview?
Go through your CV in detail and study all the technologies mentioned in your CV. Prepare at least two technologies or languages in depth if you are appearing for a technical interview at Magma HDI General Insurance. The most common topics and skills that interviewers at Magma HDI General Insurance expect are General Insurance, Insurance Operations, Underwriting, Business Planning and CSAT.
What are the top questions asked in Magma HDI General Insurance Senior Manager interview?

Some of the top questions asked at the Magma HDI General Insurance Senior Manager interview -

  1. How the Insurance works? Types of insura...read more
  2. Knowles about Insura...read more
  3. General discussion of Sa...read more

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Magma HDI General Insurance Senior Manager Interview Process

based on 1 interview

Interview experience

4
  
Good
View more
Magma HDI General Insurance Senior Manager Salary
based on 66 salaries
₹10.5 L/yr - ₹23 L/yr
25% less than the average Senior Manager Salary in India
View more details

Magma HDI General Insurance Senior Manager Reviews and Ratings

based on 6 reviews

3.7/5

Rating in categories

2.6

Skill development

3.4

Work-life balance

3.3

Salary

3.2

Job security

3.6

Company culture

2.6

Promotions

3.5

Work satisfaction

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