Asian Contec Interview Questions and Answers

The company sells a variety of products.

• The company offers a range of products in different categories such as electronics, home appliances, personal care, and fashion.

• Some examples of products include smartphones, laptops, refrigerators, washing machines, grooming kits, clothing, and accessories.

• The product line is regularly updated to keep up with the latest trends and customer demands.

• The sales team is expected to have a good understanding of the products and their feature...read more

Third-party claims are not accepted by RoyalSundram general insurance company due to their focus on providing comprehensive coverage to their policyholders.

• RoyalSundram general insurance company prioritizes providing comprehensive coverage to their policyholders

• Third-party claims can be time-consuming and costly to process

• By not accepting third-party claims, RoyalSundram can focus on providing better service to their policyholders

• This policy is not uncommon in the insurance i...read more

Working without IRDA Qualified exam is illegal and unethical.

• It is against the law to work without passing the IRDA exam

• It is unethical to mislead customers by claiming to be qualified when not

• Working without qualification can lead to legal and financial consequences

• Insurance companies can face penalties for employing unqualified sales executives

Perils of Motor policy, exclusions, and Aptitude test and Reinsurance related

• Perils of Motor policy refer to the risks covered by the policy, such as accidents, theft, fire, etc.

• Exclusions are situations or events not covered by the policy, like intentional damage or racing.

• Aptitude tests may assess problem-solving, analytical, and decision-making skills for the managerial role.

• Reinsurance is a process where an insurance company transfers a portion of its risk to another insu...read more

General insurance refers to non-life insurance policies that protect against losses and damages.

• General insurance covers a wide range of policies such as home insurance, car insurance, travel insurance, and business insurance.

• It provides financial protection against unexpected events like accidents, theft, fire, and natural disasters.

• General insurance policies are usually annual contracts that need to be renewed every year.

• Premiums for general insurance policies are based on ...read more

Test cases should cover requirements, steps, expected results, and edge cases to ensure comprehensive testing.

• Requirements: Clearly define what the test case is validating, e.g., 'Verify login functionality with valid credentials.'

• Test Steps: Outline the exact steps to execute the test, e.g., '1. Open the login page 2. Enter username and password 3. Click login.'

• Expected Results: Specify what the expected outcome is, e.g., 'User should be redirected to the dashboard after suc...read more

I will focus on building strong relationships with customers and providing exceptional service.

• Identify the unique selling points of our products and highlight them to customers

• Offer personalized solutions to meet the specific needs of each customer

• Provide ongoing support and follow-up to ensure customer satisfaction

• Stay up-to-date on industry trends and developments to offer the latest and most innovative products

• Offer competitive pricing and promotions to attract new custom...read more

Verification ensures the product meets specifications; validation confirms it fulfills intended use and user needs.

• Verification checks if the product is built correctly (e.g., code reviews).

• Validation assesses if the right product is built (e.g., user acceptance testing).

• Verification can include static testing methods like inspections.

• Validation often involves dynamic testing methods like beta testing.

• Example of verification: Ensuring a software feature meets design specifica...read more