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Magma HDI General Insurance Underwriter Interview Questions and Answers

Updated 25 May 2024

Magma HDI General Insurance Underwriter Interview Experiences

1 interview found

Underwriter Interview Questions & Answers

user image Anonymous

posted on 25 May 2024

Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
4-6 weeks
Result
Selected Selected

I applied via LinkedIn and was interviewed in Nov 2023. There were 2 interview rounds.

Round 1 - One-on-one 

(1 Question)

  • Q1. Tell about yourself; why are you looking out for change; questions on peers and their whereabouts; few questions on subject; expectation from me for the role.
Round 2 - Technical 

(1 Question)

  • Q1. Technical queries on subject matter, my abilities and aptitude. HR seeking my expectations.

Interview Preparation Tips

Interview preparation tips for other job seekers - Clarity on your roles so far. Be prepared to say about yourself and what's going on in your industry.

Interview questions from similar companies

Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
4-6 weeks
Result
Not Selected
Round 1 - One-on-one 

(2 Questions)

  • Q1. Blood in RUA reasons
  • Q2. Changes need to adapt in underwriting manual
  • Ans. 

    Underwriting manual should be regularly updated to adapt to changes in the industry.

    • Regularly review and update underwriting guidelines to reflect current market trends and regulations

    • Consider feedback from underwriters, actuaries, and other industry experts when making changes

    • Ensure that underwriters are trained on any updates to the manual to maintain consistency and accuracy

    • Monitor the performance of underwriting de

  • Answered by AI
Round 2 - One-on-one 

(1 Question)

  • Q1. Financial underwriting
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
4-6 weeks
Result
Not Selected
Round 1 - One-on-one 

(2 Questions)

  • Q1. Blood in RUA reasons
  • Q2. Changes need to adapt in underwriting manual
  • Ans. 

    Underwriting manual should be regularly updated to adapt to changes in the industry.

    • Regularly review and update underwriting guidelines to reflect current market trends and regulations

    • Consider feedback from underwriters, actuaries, and other industry experts when making changes

    • Ensure that underwriters are trained on any updates to the manual to maintain consistency and accuracy

    • Monitor the performance of underwriting de

  • Answered by AI
Round 2 - One-on-one 

(1 Question)

  • Q1. Financial underwriting

I applied via Naukri.com and was interviewed before Nov 2021. 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 - One-on-one 

(1 Question)

  • Q1. Regarding process and tariff guidelines
Round 3 - One-on-one 

(1 Question)

  • Q1. Work and process of current co

Interview Preparation Tips

Interview preparation tips for other job seekers - Keep your current work knowledge, tariff and recent IRDA update and change

I applied via Campus Placement and was interviewed in Nov 2020. There were 3 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. General question about human body, diseases etc. such has what substances in tobacco causes lung disease and related to my CV and courses i have done. interview was very easy and i got a positive / friendl...

Interview Preparation Tips

Interview preparation tips for other job seekers - directly i had to give manager round and then HR

Magma HDI General Insurance Interview FAQs

How many rounds are there in Magma HDI General Insurance Underwriter interview?
Magma HDI General Insurance interview process usually has 2 rounds. The most common rounds in the Magma HDI General Insurance interview process are One-on-one Round and Technical.
How to prepare for Magma HDI General Insurance Underwriter 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, LI, Liability Products and Reinsurance.

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Magma HDI General Insurance Underwriter Interview Process

based on 1 interview

Interview experience

5
  
Excellent
View more
Magma HDI General Insurance Underwriter Salary
based on 7 salaries
₹3.4 L/yr - ₹8.1 L/yr
At par with the average Underwriter Salary in India
View more details
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