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Omega Insurance Brokers Interview Questions and Answers
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Anonymous
I applied via Recruitment Consultant and was interviewed before Sep 2020. There were 4 interview rounds.
Interview Questionnaire
7 Questions
- Q1. Why you want to change the Job ?
- Q2. What is accrual account and Journal entry ?
- Ans.
Accrual account is a type of account that records revenue or expenses that have been earned or incurred but not yet received or paid.
Accrual accounting recognizes revenue and expenses when they are earned or incurred, regardless of when the cash is received or paid.
Accrual accounts are used to record these transactions until they are paid or received.
Journal entry is the process of recording a transaction in the accoun...
- Q3. What is prepaid accounts and its journal entry ?
- Q4. Difference between the amortization and Depreciation ?
- Q5. Golden Rules
- Q6. Reconciliations meaning and process
- Ans.
Reconciliations involve comparing financial records to identify discrepancies and resolve them.
Reconciliations are important for ensuring accuracy in financial reporting.
The process involves comparing two sets of records, such as bank statements and accounting records.
Any discrepancies are identified and investigated to determine the cause.
Examples of reconciliations include bank reconciliations, accounts receivable re
- Q7. Self Introduction ?
Interview Preparation Tips
I applied via Walk-in and was interviewed before Sep 2021. There were 3 interview rounds.
This round include general aptitude questions
(2 Questions)
- Q1. Introduction and future goals?
- Q2. Why you want to work ??Why with us??
Interview Preparation Tips
I applied via Walk-in and was interviewed before Apr 2021. There was 1 interview round.
(2 Questions)
- Q1. What is accrual and it's entry
- Ans.
Accrual is an accounting method where revenue or expenses are recognized when earned or incurred, regardless of when payment is received or made.
Accrual accounting is the opposite of cash accounting
Accruals are recorded as adjusting entries in the general ledger
Examples of accruals include interest expense, salaries payable, and accounts receivable
The entry for an accrual involves debiting an expense account and credit
- Q2. What is contingency liability
- Ans.
Contingency liability is a potential liability that may occur in the future based on certain events or circumstances.
It is a liability that is not certain but may occur in the future
It is based on certain events or circumstances
Examples include lawsuits, warranties, and environmental cleanup costs
Interview Preparation Tips
I applied via Walk-in and was interviewed before Jun 2021. There was 1 interview round.
(2 Questions)
- Q1. Self introduction and any self topic in Hindi, about company
- Q2. Self introduction and a topic in Hindi
- Ans. Any general topic like about Hyderabad, best friend,about college
Interview Preparation Tips
I applied via Naukri.com and was interviewed before Jan 2021. There were 3 interview rounds.
Interview Questionnaire
1 Question
- Q1. Java Basic questions and Git
Interview Preparation Tips
I applied via Referral and was interviewed in Feb 2020. There were 4 interview rounds.
Interview Questionnaire
4 Questions
- Q1. 1. about your work experience and projects which i have handled
- Q2. 2. What challenges you have faced?
- Q3. 3. Some exercise based on the logics in SAS. I have to write logics.
- Q4. 4.common questions like what is the difference between dupkey and nodup. Difference in put and input. Macros
Interview Preparation Tips
I applied via Naukri.com and was interviewed before Dec 2020. There were 3 interview rounds.
Interview Questionnaire
1 Question
- Q1. About your previous experience
Interview Preparation Tips
I applied via Naukri.com and was interviewed before May 2021. There were 5 interview rounds.
(1 Question)
- Q1. Total Experience asking about feasible interview date and time slot fixing
- Ans. Explaining to HR about my over all experience and years of experince..
(1 Question)
- Q1. Asking questions from core experience
- Ans. Answering them about Logistics,Reverse Logistics, Indirect Sourcing,Asset Management,3PL,Vendor and Supplier Management as i am from Supply chain Mangement Vertical
(1 Question)
- Q1. Asking questions on real time scenario basis
(2 Questions)
- Q1. Asking questions from Management aspect
- Q2. Answering all the answers promptly keeping positivity,logical thinking,
(1 Question)
- Q1. HR related Questions
Interview Preparation Tips
Basic concept must be strong and prompt answer required.possitive thinking &flexibility is must.
I applied via Approached by Company and was interviewed before Jul 2021. There was 1 interview round.
(1 Question)
- Q1. About your current profile
Interview Preparation Tips
- Cost sheet
- Cost center
I applied via Referral and was interviewed before Jul 2021. There were 4 interview rounds.
(1 Question)
- Q1. Introduction confirmation about the interview schedule.
(2 Questions)
- Q1. Go through your resume
- Q2. Testing core knowledge on applied domine.
(1 Question)
- Q1. About the salary negotiation.
Interview Preparation Tips
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Omega Insurance Brokers Reviews and Ratings
based on 5 reviews
Rating in categories
|
Executive Accountant
5
salaries
|  ₹2.4 L/yr - ₹3 L/yr |
|
CRM Executive
4
salaries
| ₹0.8 L/yr - ₹3.4 L/yr |
|
Customer Relationship Manager
3
salaries
| ₹3 L/yr - ₹6 L/yr |
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