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Shriram Life Insurance Finance Executive Interview Questions and Answers

Updated 14 Aug 2024

Shriram Life Insurance Finance Executive Interview Experiences

1 interview found

Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Technical 

(3 Questions)

  • Q1. What is it sector and job it
  • Ans. 

    The IT sector refers to the industry that involves the development, maintenance, and use of technology and computer systems.

    • IT sector encompasses companies that provide hardware, software, and services related to technology

    • Jobs in the IT sector include software developers, network administrators, cybersecurity analysts, and IT support specialists

    • IT professionals are responsible for designing, implementing, and managing

  • Answered by AI
  • Q2. What know about finance company
  • Ans. 

    Finance companies are institutions that provide financial services such as loans, investments, and insurance.

    • Finance companies offer various financial products and services to individuals and businesses.

    • They may specialize in areas such as consumer finance, commercial finance, or investment management.

    • Examples of finance companies include banks, credit unions, mortgage lenders, and investment firms.

  • Answered by AI
  • Q3. Finance is cash company need finance. To grow up loan granted financer help the company

Interview Preparation Tips

Interview preparation tips for other job seekers - Good work time table and good sense good behavior

Interview questions from similar companies

I was interviewed in Dec 2016.

Interview Questionnaire 

7 Questions

  • Q1. Tell me about yourself
  • Ans. 

    I am a dedicated and detail-oriented analyst with a strong background in data analysis and problem-solving.

    • I have a Bachelor's degree in Statistics and experience in analyzing large datasets

    • I am proficient in using statistical software such as R and Python

    • I have a proven track record of identifying trends and providing actionable insights to drive business decisions

  • Answered by AI
  • Q2. How does Insurance companies work ?
  • Ans. 

    Insurance companies work by providing financial protection to individuals or organizations against potential risks or losses.

    • Insurance companies collect premiums from policyholders in exchange for coverage.

    • They assess risks and determine the appropriate premiums to charge based on factors such as age, health, and occupation.

    • Insurance companies invest the collected premiums to generate income and ensure they have suffic...

  • Answered by AI
  • Q3. Who is an actuary and what are his roles ?
  • Ans. 

    An actuary is a professional who assesses and manages financial risks using mathematics, statistics, and business knowledge.

    • Analyzing data to calculate probabilities of events such as death, sickness, injury, and property loss

    • Designing insurance policies and pension plans based on risk assessments

    • Helping companies make informed decisions on managing risks and setting premiums

    • Advising on investment strategies to ensure ...

  • Answered by AI
  • Q4. What is India's GDP and its growth rate ?
  • Ans. 

    India's GDP is $2.7 trillion with a growth rate of 4.2%.

    • India's GDP is one of the largest in the world.

    • As of 2020, India's GDP was $2.7 trillion.

    • The growth rate of India's GDP in 2020 was 4.2%.

    • India's GDP growth rate has been fluctuating over the years.

    • The COVID-19 pandemic had a significant impact on India's GDP growth.

  • Answered by AI
  • Q5. What are the Pros and Cons of Demonetization ?
  • Ans. 

    Demonetization has pros and cons that impact various aspects of the economy and society.

    • Pros: Curbing black money, reducing corruption, promoting digital transactions

    • Cons: Initial economic disruption, inconvenience to the public, impact on informal sector

    • Example of a pro: Demonetization helped uncover undisclosed income and led to an increase in tax compliance.

    • Example of a con: Small businesses and daily wage workers f

  • Answered by AI
  • Q6. If there are two data sets each with 100 variables and having 10000 and 12000 policies verify the validity of the second data set assuming the first one is accurate.
  • Ans. 

    The validity of the second data set can be verified by comparing it with the first data set.

    • Compare the variables in both data sets to ensure they are the same.

    • Check if the number of policies in the second data set matches the number stated.

    • Perform statistical analysis on both data sets to identify any discrepancies or inconsistencies.

    • Validate the accuracy of the second data set by cross-referencing it with external so

  • Answered by AI
  • Q7. Why do you want to work as an analyst ?
  • Ans. 

    I am passionate about analyzing data and deriving insights to drive informed decision-making.

    • I enjoy problem-solving and critical thinking, which are essential skills for an analyst.

    • I have a strong attention to detail and excel at organizing and interpreting complex information.

    • I am interested in utilizing data to identify trends, patterns, and opportunities for improvement.

    • I believe that my analytical skills can contr...

  • Answered by AI

Interview Preparation Tips

College Name: IIT Madras

Interview Questionnaire 

1 Question

  • Q1. Why you want to come is insurance sector
  • Ans. 

    I am passionate about helping people protect their assets and loved ones through insurance.

    • I have a strong desire to help individuals and families plan for the unexpected.

    • I believe in the importance of financial security and peace of mind that insurance provides.

    • I am interested in the dynamic and evolving nature of the insurance industry.

    • I enjoy analyzing risks and finding solutions to mitigate them.

    • I have a background...

  • Answered by AI

Interview Preparation Tips

Round: Test
Experience: Aptitude & Reasoning

I applied via Walk-in and was interviewed before Sep 2020. There were 3 interview rounds.

Interview Questionnaire 

4 Questions

  • Q1. Introduce yourself?
  • Q2. What are the core principles of Information Security?
  • Ans. 

    The core principles of Information Security are confidentiality, integrity, and availability.

    • Confidentiality: ensuring that information is only accessible to authorized individuals

    • Integrity: maintaining the accuracy and completeness of information

    • Availability: ensuring that information is accessible to authorized individuals when needed

    • Examples: encryption, access controls, backups, disaster recovery plans

  • Answered by AI
  • Q3. What is Virus and Malware?
  • Ans. 

    Virus and malware are malicious software designed to harm computer systems and steal data.

    • Virus is a self-replicating program that attaches itself to clean files and spreads throughout the system.

    • Malware is a broader term that includes viruses, spyware, adware, and other malicious software.

    • Malware can be used to steal sensitive information, damage files, or take control of a computer.

    • Examples of malware include Trojan ...

  • Answered by AI
  • Q4. What will you do if your laptop gets infected by virus?
  • Ans. 

    I will immediately disconnect from the internet and run a virus scan to remove the virus.

    • Disconnect from the internet to prevent further spread of the virus

    • Run a virus scan using an updated antivirus software

    • If the virus cannot be removed, seek help from IT support

    • Regularly backup important files to prevent data loss

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Answer every question confidentally.Go through the job description very well.Prepare IT Security concepts thoroughly.Do not be nervous.

Skills evaluated in this interview

I applied via Campus Placement and was interviewed before Sep 2021. There was 1 interview round.

Round 1 - One-on-one 

(1 Question)

  • Q1. Basic details about you, how you convince customer to buy new policy, what will you do if customer not respond you and also dis respect you, etc

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident and stay clam while appearing for interview because they also check your patience

I applied via Referral and was interviewed before Mar 2021. There were 2 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - HR 

(1 Question)

  • Q1. How are heard about HDFC Life?

Interview Preparation Tips

Interview preparation tips for other job seekers - HDFC life is good for interns .

I applied via Referral and was interviewed before Jul 2021. There was 1 interview round.

Round 1 - HR 

(1 Question)

  • Q1. Self introduction, what's your qualification, how many years of experience.
  • Ans. 

    I am a highly qualified professional with several years of experience in the field.

    • I have a Bachelor's degree in Business Administration.

    • I have 5 years of experience working in the finance industry.

    • I am skilled in financial analysis, budgeting, and forecasting.

    • I have successfully managed large-scale projects and teams.

    • I am proficient in various financial software and tools.

    • I have a proven track record of achieving targ

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - I am currently working in Exide company, we have expectation for salary some past 2 years no increment no bonus etc.

I applied via Naukri.com and was interviewed in Jul 2021. There was 1 interview round.

Interview Questionnaire 

2 Questions

  • Q1. Self introduction
  • Q2. Basic knowledge of the firm

Interview Preparation Tips

Interview preparation tips for other job seekers - Basic knowledge of the firm
Confident answering

Interview Questionnaire 

6 Questions

  • Q1. What is your qualifications?
  • Q2. Tell me about your self?
  • Q3. Why do you want to work in this company?
  • Q4. Why should we hire you?
  • Q5. What are your greatest strength
  • Q6. How did u hear about this position

Interview Preparation Tips

Interview preparation tips for other job seekers - This interview was realted to the job position. Regarding the strength and weekness about us and how to perform well .It's all about a conversation with the client and to be confident.

I applied via Referral and was interviewed in Jan 2021. There was 1 interview round.

Interview Questionnaire 

8 Questions

  • Q1. Tell me about yourself
  • Ans. 

    Experienced sales executive with a proven track record in exceeding targets and building strong client relationships.

    • 10+ years of experience in sales, with a focus on B2B sales

    • Consistently achieved or exceeded sales targets by 20% each quarter

    • Developed and maintained strong relationships with key clients, resulting in a 30% increase in repeat business

    • Expertise in consultative selling and solution-based approach

    • Proficie...

  • Answered by AI
  • Q2. What Tata AIG life insurance
  • Ans. 

    Tata AIG Life Insurance is a joint venture between Tata Group and American International Group, offering a range of life insurance products.

    • Joint venture between Tata Group and American International Group

    • Offers a range of life insurance products

    • Provides financial protection to policyholders and their families

    • Has a strong presence in the Indian insurance market

  • Answered by AI
  • Q3. Why want to join Tata AIG life insurance
  • Ans. 

    I want to join Tata AIG life insurance because of its strong reputation, extensive product portfolio, and commitment to customer satisfaction.

    • Tata AIG life insurance has a strong reputation in the industry, which will enhance my professional profile.

    • The company offers a wide range of insurance products, allowing me to cater to diverse customer needs and maximize my sales potential.

    • Tata AIG's focus on customer satisfact...

  • Answered by AI
  • Q4. Are u experienced or fresher
  • Ans. 

    Experienced

    • I have 5 years of experience in sales, with a proven track record of exceeding targets.

    • I have successfully managed a team of sales representatives and implemented effective sales strategies.

    • I have a deep understanding of the industry and have built strong relationships with clients.

    • I have consistently achieved high customer satisfaction ratings and have received multiple awards for my sales performance.

  • Answered by AI
  • Q5. About your family?
  • Q6. What is your goal?
  • Ans. 

    My goal is to exceed sales targets and build strong relationships with clients.

    • Exceed sales targets by implementing effective sales strategies

    • Build strong relationships with clients to ensure repeat business

    • Continuously improve product knowledge to better serve clients

    • Collaborate with the sales team to achieve collective goals

  • Answered by AI
  • Q7. What is sales?
  • Ans. 

    Sales is the process of persuading a potential customer to buy a product or service.

    • Sales involves identifying potential customers and their needs

    • It requires building relationships with customers and understanding their buying behavior

    • Salespeople must be able to communicate the benefits of their product or service effectively

    • Closing the sale is the ultimate goal of the sales process

    • Examples of sales include selling car

  • Answered by AI
  • Q8. R u comfortable in any location?
  • Ans. 

    Yes, I am comfortable in any location.

    • I am adaptable and can easily adjust to new environments.

    • I have experience working in diverse locations and cultures.

    • I am willing to travel and relocate as required for the job.

    • I have a flexible mindset and can quickly adapt to different work settings.

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Be comfortable and slowly give your answer

Shriram Life Insurance Interview FAQs

How many rounds are there in Shriram Life Insurance Finance Executive interview?
Shriram Life Insurance interview process usually has 1 rounds. The most common rounds in the Shriram Life Insurance interview process are Technical.
What are the top questions asked in Shriram Life Insurance Finance Executive interview?

Some of the top questions asked at the Shriram Life Insurance Finance Executive interview -

  1. What is it sector and job...read more
  2. Finance is cash company need finance. To grow up loan granted financer help the...read more

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Shriram Life Insurance Finance Executive Interview Process

based on 1 interview

Interview experience

4
  
Good
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Shriram Life Insurance Finance Executive Salary
based on 6 salaries
₹2 L/yr - ₹3.1 L/yr
28% less than the average Finance Executive Salary in India
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Senior Executive
205 salaries
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₹0 L/yr - ₹0 L/yr

Assistant Manager
119 salaries
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₹0 L/yr - ₹0 L/yr

Sales Manager
112 salaries
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₹0 L/yr - ₹0 L/yr

Relationship Manager
99 salaries
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₹0 L/yr - ₹0 L/yr

Business Development Manager
92 salaries
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₹0 L/yr - ₹0 L/yr

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