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Medicare Insurance TPA Interview Questions and Answers

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I applied via Naukri.com and was interviewed before Jun 2021. There were 2 interview rounds.

Round 1 - Aptitude Test 

Try to have basic knowledge of computers

Round 2 - HR 

(1 Question)

  • Q1. Try to gather as much knowledge as u can about general insurance and TPA

Interview Preparation Tips

Interview preparation tips for other job seekers - Be in formals, be positive, try to give answer by having a smiley face. Wish all the best.

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 Recruitment Consulltant and was interviewed before Feb 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 - HR 

(7 Questions)

  • Q1. What are your salary expectations?
  • Q2. What is your family background?
  • Q3. Share details of your previous job.
  • Q4. Why should we hire you?
  • Q5. Why are you looking for a change?
  • Q6. What are your strengths and weaknesses?
  • Q7. Tell me about yourself.
Round 3 - Behavioral 

(2 Questions)

  • Q1. Achievements of last job
  • Q2. How can you manage stress

Interview Preparation Tips

Interview preparation tips for other job seekers - Confidence and achievements will be key points

I applied via Campus Placement and was interviewed before Jun 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 - Group Discussion 

Easy

Round 3 - One-on-one 

(1 Question)

  • Q1. Why you want to join Exide Life
  • Ans. 

    I want to join Exide Life because of its strong reputation in the insurance industry and its commitment to customer satisfaction.

    • Exide Life has a strong reputation in the insurance industry, known for its reliable and trustworthy services.

    • The company has a customer-centric approach, prioritizing customer satisfaction and providing personalized solutions.

    • Exide Life offers a wide range of insurance products and investmen...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Prepare your resume well. Be calm. Its jusr a discussion

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 Referral and was interviewed before Mar 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 - Aptitude Test 

Math reasoning English and insurance knowledge

Round 3 - HR 

(5 Questions)

  • Q1. Why should we hire you?
  • Q2. Why are you looking for a change?
  • Q3. What are your salary expectations?
  • Q4. Share details of your previous job.
  • Q5. What are your strengths and weaknesses?

Interview Preparation Tips

Interview preparation tips for other job seekers - Easy to moderate interview..All the best..

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

Interview Questionnaire 

4 Questions

  • Q1. About how to increase business in village
  • Q2. How to manage time and business with bank staff
  • Ans. 

    Effective communication and prioritization are key to managing time and business with bank staff.

    • Establish clear communication channels and expectations

    • Set priorities and deadlines for tasks

    • Regularly review progress and adjust plans as needed

    • Provide feedback and recognition for good work

    • Utilize technology and automation to streamline processes

    • Collaborate and build relationships with bank staff

    • Stay organized and focused

  • Answered by AI
  • Q3. How many people khow in market
  • Ans. 

    It is impossible to determine how many people know in the market without specifying which market.

    • The question is too broad and lacks context.

    • The number of people who know in a market depends on the size and type of market.

    • Market research can be conducted to estimate the number of people who know about a particular product or service.

    • Social media analytics can also provide insights into the number of people who are awar...

  • Answered by AI
  • Q4. Write 50 number and name from your contact he should taking insurance form our sode

Interview Preparation Tips

Interview preparation tips for other job seekers - Friendly I'm experiencing person so I how to deal with this question only truth and confiden answer give job

I applied via Referral and was interviewed in Mar 2021. There was 1 interview round.

Interview Questionnaire 

1 Question

  • Q1. What is your strength
  • Ans. Positive attitude towards work and life
  • Answered by rashmi pandey

Interview Preparation Tips

Interview preparation tips for other job seekers - Be positive and with high confidencd

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Medicare Insurance TPA Reviews and Ratings

based on 15 reviews

3.6/5

Rating in categories

3.5

Skill development

2.0

Work-life balance

2.5

Salary

4.0

Job security

3.2

Company culture

1.7

Promotions

3.4

Work satisfaction

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