NBFC Area Collection Manager Interview Questions and Answers

I have extensive experience in managing teams and achieving targets as an Area Manager.

• Managed a team of 20 sales representatives and consistently exceeded sales targets by 15%.

• Implemented new strategies to improve operational efficiency, resulting in a 20% reduction in costs.

• Developed and executed training programs to enhance the skills and performance of team members.

• Successfully resolved customer complaints and main...read more

The combined ratio is a measure of an insurance company's profitability by comparing its losses and expenses to its premiums.

• The combined ratio is calculated by dividing the sum of an insurance company's losses and expenses by its earned premiums.

• A combined ratio below 100% indicates profitability, while a ratio above 100% indicates a loss.

• For example, if an insurance company has $50 million in losses and expenses and ...read more