Milliman Pharmacy Benefit Analyst Interview Questions and Answers

Q1. Technical question about cat modelling
Add your answer
Q2. Managerial questions
Add your answer

Q1. What have you been working on lately
Ans. 
I have been working on analyzing market trends and creating financial models for upcoming projects.
• Analyzing market trends to identify potential opportunities

• Creating financial models to forecast revenue and expenses

• Collaborating with team members to develop strategies for upcoming projects
Answered by AI
Add your answer
Q2. How did u resolve any technical problems at work
Ans. 
I resolved technical problems by analyzing the root cause, collaborating with team members, and implementing effective solutions.
• Identified the root cause of the technical problem

• Collaborated with team members to brainstorm potential solutions

• Implemented effective solutions and tested them to ensure they resolved the issue
Answered by AI
Add your answer

Q1. What is risk in insurance
Ans. 
Risk in insurance refers to the likelihood of a loss or damage occurring, leading to financial consequences for the insurer.
• Risk is the uncertainty of an event happening that could result in a financial loss for the insurer.

• Insurance companies assess risks based on factors such as the insured's age, health, occupation, and lifestyle.

• Examples of risks in insurance include natural disasters, accidents, illnesses, and the...read more
Answered by AI
Add your answer
Q2. Who should buy a insurance
Ans. 
Anyone who wants to protect themselves financially from unexpected events should consider buying insurance.
• Individuals with dependents who rely on their income

• Homeowners who want to protect their property from damage

• Drivers who want to protect themselves from liability in case of accidents

• Business owners who want to protect their assets and employees

• Travelers who want coverage for medical emergencies or trip cancellati
Answered by AI
Add your answer

Q1. Important questions on qlik sense concepts ( scripting, data modeling, set analysis, incremental load, important functions, optimization etc ..). Important questions related to SQL queries ( analytical fun...read more
Add your answer

Data set was given. Need to create an insight based qlik dashboard and share that in the report format. And then it's presentation with higher management.

Q1. Project related questions, basic and intermediate managerial questions, implementation of ideas etc...
Add your answer

Q1. HR discussion on salary discussion.
Add your answer

It is mcq questions and I cleared it with 80 percent marks

Q1. About previous experiences,Excel questions, and why u want to join this company and self introduction
Add your answer

Q1. Salary discussion
Add your answer

Aptitude test conducted at the first round

Q1. Introduction of the Candidate
Add your answer
Q2. Achievement
Add your answer

Q1. Introduction
Add your answer
Q2. Basic accounting questions
Add your answer

Mathematical calculations and inquiries related to relationships and reasoning.

Q1. Manager questions
Add your answer

Q1. How to measure risk & returns
Ans. 
Risk and returns can be measured using various financial metrics and ratios.
• Calculate the standard deviation of returns to measure risk

• Use beta to measure the volatility of an investment compared to the overall market

• Calculate the Sharpe ratio to assess the risk-adjusted return of an investment

• Consider the historical performance of an investment to gauge potential future returns
Answered by AI
Add your answer
Q2. Investment due diligence and performance calculation
Add your answer
Q3. Why we should hire you
Ans. 
I have a strong analytical background, excellent problem-solving skills, and a proven track record of delivering actionable insights.
• I have a degree in statistics and experience in data analysis

• I have successfully identified cost-saving opportunities for my previous employer

• I am proficient in using various analytical tools such as Excel, SQL, and Python
Answered by AI
Add your answer
Q4. Why you want to switch job
Ans. 
Looking for new challenges and growth opportunities
• Seeking new challenges to enhance skills and knowledge

• Interested in exploring different industries or sectors

• Desire for career advancement and professional development

• Want to work in a more collaborative or innovative environment
Answered by AI
Add your answer
Q5. Fixed income valuation methods
Ans. 
Fixed income valuation methods involve assessing the present value of future cash flows from fixed income securities.
• Fixed income valuation methods include discounted cash flow analysis, yield to maturity, and duration analysis.

• Discounted cash flow analysis calculates the present value of all future cash flows by discounting them back to the present using a discount rate.

• Yield to maturity is the total return anticipate...read more
Answered by AI
Add your answer