Plante Moran Interview Questions and Answers

Q1. Walk me through your resume. About insurance process what is policy life cycle.
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Q2. Tell me about your previous role.
Ans. 
I was responsible for analyzing and improving processes to increase efficiency and productivity.
• Led process improvement initiatives to streamline operations

• Identified bottlenecks and implemented solutions to optimize workflows

• Collaborated with cross-functional teams to gather data and feedback

• Utilized data analysis tools to track performance metrics

• Developed and implemented process documentation and training materials
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Q1. Asked about Gallagher.
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Q2. What do you know about Gallagher.
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Gallagher is a global insurance brokerage, risk management, and consulting firm.
• Founded in 1927 by Arthur J. Gallagher

• Headquartered in Rolling Meadows, Illinois

• Provides insurance, risk management, and consulting services globally

• Offers services in areas such as commercial insurance, employee benefits, and personal insurance

• Has a strong focus on client relationships and personalized service
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Q1. Situation based questions were asked.
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Q2. How would you built the trust with the stakeholders
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Building trust with stakeholders involves open communication, transparency, and delivering on commitments.
• Establish open lines of communication with stakeholders to address concerns and provide updates

• Be transparent about project progress, challenges, and decisions

• Deliver on commitments and follow through on promises to build credibility

• Seek feedback from stakeholders and incorporate their input into decision-making pr...read more
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Q1. Self introduction
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Q2. Any work experience
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Yes, I have 3 years of work experience as an auditor in a reputable firm.
• Worked as an auditor for 3 years in XYZ firm

• Conducted audits on various financial statements

• Prepared audit reports and communicated findings to management
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Q3. Own Topics and family trip friend trip
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Q4. Any skill in computer knowledge
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Proficiency in computer knowledge is essential for a Concurrent Auditor.
• Strong understanding of accounting software and tools

• Ability to analyze data using spreadsheets and databases

• Knowledge of cybersecurity measures to protect sensitive information

• Familiarity with audit software for efficient auditing processes
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Q5. Any experience in excel ms world
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Q1. What are the assumptions of Linear Regression?
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Assumptions of Linear Regression
• Linearity: The relationship between the independent and dependent variables is linear.

• Independence: The residuals are independent of each other.

• Homoscedasticity: The variance of residuals is constant across all levels of the independent variables.

• Normality: The residuals are normally distributed.

• No multicollinearity: The independent variables are not highly correlated with each other.
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Q2. How to evaluate your machine learning model?
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Evaluate machine learning model by analyzing metrics like accuracy, precision, recall, F1 score, ROC curve, and confusion matrix.
• Calculate accuracy to measure overall performance of the model.

• Use precision to evaluate the proportion of true positive predictions among all positive predictions.

• Consider recall to assess the proportion of true positive predictions among all actual positives.

• Calculate F1 score as a balance ...read more
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Q1. What is R-Squared and Adjusted R Squared? Also brief about the difference?
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Q2. Interpret the coefficients of Linear Regression and Binomial Logistic Regression?
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Q1. Introduce yourself
Ans. 
I am a seasoned professional with over 10 years of experience in the retail industry, specializing in operations and team management.
• 10+ years of experience in retail industry

• Specialize in operations and team management

• Proven track record of driving sales and exceeding targets
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Q2. Reason for change
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I am seeking new challenges and opportunities for growth in my career.
• Seeking new challenges to continue learning and developing professionally

• Opportunities for growth and advancement in current role are limited

• Desire to expand skill set and take on more responsibilities

• Looking for a change in work environment or company culture

• Want to explore different industries or sectors for career diversification
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Q3. Previous KRAs and responsibilities
Ans. 
Managed key result areas (KRAs) and responsibilities in previous roles.
• Developed and implemented strategies to achieve sales targets

• Led a team of sales representatives to drive revenue growth

• Analyzed market trends and competitor activities to identify opportunities

• Ensured compliance with company policies and procedures

• Collaborated with cross-functional teams to optimize operations
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Q1. Introduction about yourself
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Experienced professional with 10+ years in retail management, skilled in team leadership and strategic planning.
• 10+ years of experience in retail management

• Strong leadership and team management skills

• Proven track record in strategic planning and execution

• Excellent communication and interpersonal skills

• Ability to drive sales and achieve targets

• Led a team of 50+ employees to exceed sales goals by 20% in the last fiscal y
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Q2. Current job roles and responsibilities
Ans. 
Currently overseeing multiple branches, managing sales targets, training staff, and ensuring customer satisfaction.
• Overseeing multiple branches

• Managing sales targets

• Training staff

• Ensuring customer satisfaction
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Q3. 2 strengths to be considered for the job role
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Strong leadership skills and ability to drive results
• Proven track record of successfully leading teams to achieve targets

• Excellent communication and interpersonal skills

• Ability to analyze data and make strategic decisions

• Experience in developing and implementing sales strategies

• Strong problem-solving skills
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Q4. Reason for changing job
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Seeking new challenges and growth opportunities in a larger role.
• Desire for career advancement

• Opportunity to utilize and expand skills

• Seeking a more challenging and rewarding position
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Q5. Expected salary
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My expected salary is negotiable and dependent on the overall compensation package offered.
• My expected salary is based on my experience, qualifications, and the responsibilities of the role.

• I am open to discussing the salary range for this position during the interview process.

• I am looking for a competitive salary that reflects my skills and contributions to the company.
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Q1. About Indian Freedom struggle
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Q2. About Sports particularly game of cricket
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Q1. About LIC Nationalisation
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Q2. Who was the finance minister at the time of LIC Nationalisation
Ans. 
Yashwantrao Chavan was the finance minister at the time of LIC Nationalisation.
• Yashwantrao Chavan was the Finance Minister of India from 1966 to 1970.

• LIC (Life Insurance Corporation of India) was nationalized in 1956.

• Yashwantrao Chavan played a key role in the nationalization of LIC.
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Q1. Indian cinema world
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Q2. What is your hobby, explain
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My hobby is painting. I find joy and relaxation in expressing my creativity through colors and brush strokes.
• I enjoy experimenting with different painting techniques and styles

• I often paint landscapes, portraits, and abstract art

• I participate in local art exhibitions and showcase my work on social media
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2 Coding questions - medium to hard

Q1. Questions on scalable systems.
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Q2. Medium level DSA questions.
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Q1. Questions on SQL
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Q2. Implement LFU using OOPs concepts from scratch.
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Implement LFU cache using OOPs concepts
• Create a class for LFU cache with methods like get, put, and remove

• Use a hashmap to store key-value pairs and a hashmap to store frequency of each key

• Implement a doubly linked list to store keys with the same frequency
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Q1. Asked to find sum of sales from dumb data of credit card sales.
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Q2. Askedto find sum of sales ?
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Q1. Tell me about yourself?
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Q2. What do you know about the position?
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Mathematical questions similar to CAT DILR

Q1. Breakeven analysis for term life insurance policy
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