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Shriram Life Insurance Senior Executive Interview Questions and Answers

Updated 16 Jan 2022

Shriram Life Insurance Senior Executive Interview Experiences

1 interview found

I applied via Recruitment Consulltant and was interviewed before Jan 2021. There were 2 interview rounds.

Round 1 - One-on-one 

(1 Question)

  • Q1. Introduction, about yourself
Round 2 - One-on-one 

(2 Questions)

  • Q1. What is insurance, Types of insurance
  • Ans. 

    Insurance is a contract between an individual and an insurance company to protect against financial loss.

    • Types of insurance include life, health, auto, home, and business insurance.

    • Life insurance provides financial support to beneficiaries upon the death of the policyholder.

    • Health insurance covers medical expenses and can include dental and vision coverage.

    • Auto insurance protects against financial loss due to accidents...

  • Answered by AI
  • Q2. Wt is Life insurance,uses
  • Ans. 

    Life insurance is a contract between an insurer and a policyholder, where the insurer guarantees payment of a death benefit to named beneficiaries upon the death of the insured.

    • Provides financial protection to the family of the insured in case of their untimely death

    • Can also be used as an investment tool with some policies offering cash value accumulation

    • Premiums are based on factors such as age, health, and lifestyle ...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - It's good organization for interview u have focus on questions like wt is Life insurance, uses of life insurance, types of insurance

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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 Referral and was interviewed before May 2021. There were 3 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 Resume tips
Round 2 - Aptitude Test 

English language arthamatic reasoning

Round 3 - RM interciew 

(1 Question)

  • Q1. About past work experience and company

Interview Preparation Tips

Interview preparation tips for other job seekers - Need strong Recommendations and previous work Experience.

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 Resume 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 Mar 2021. There were 3 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 Resume tips
Round 2 - Aptitude Test 

Math reasoning English and insurance knowledge

Round 3 - HR 

(5 Questions)

  • Q1. Why should we hire you?
  • Q2. Why are you looking for a change?
  • Q3. What are your salary expectations?
  • Q4. Share details of your previous job.
  • Q5. What are your strengths and weaknesses?

Interview Preparation Tips

Interview preparation tips for other job seekers - Easy to moderate interview..All the best..

I applied via Recruitment Consulltant and was interviewed before Sep 2021. There were 4 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 Resume tips
Round 2 - One-on-one 

(1 Question)

  • Q1. General Questions Asked from CV
Round 3 - Aptitude Test 

General Questions Asked

Round 4 - HR 

(1 Question)

  • Q1. About salary discussion and documents

Interview Preparation Tips

Interview preparation tips for other job seekers - HDFC Life is a very good company to work. Environment is good, Management is good, Good Work Culture.

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.
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Shriram Life Insurance Interview FAQs

How many rounds are there in Shriram Life Insurance Senior Executive interview?
Shriram Life Insurance interview process usually has 2 rounds. The most common rounds in the Shriram Life Insurance interview process are One-on-one Round.
How to prepare for Shriram Life Insurance Senior Executive interview?
Go through your CV in detail and study all the technologies mentioned in your CV. Prepare at least two technologies or languages in depth if you are appearing for a technical interview at Shriram Life Insurance. The most common topics and skills that interviewers at Shriram Life Insurance expect are Life Insurance, Operations, MIS, Sales and Underwriting.
What are the top questions asked in Shriram Life Insurance Senior Executive interview?

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

  1. What is insurance, Types of insura...read more
  2. Wt is Life insurance,u...read more

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Sopra Steria

Success to our employee's well-being? A work-life balance that's simply unbeatable.

Shriram Life Insurance Senior Executive Salary
based on 205 salaries
₹1.9 L/yr - ₹5 L/yr
40% less than the average Senior Executive Salary in India
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Shriram Life Insurance Senior Executive Reviews and Ratings

based on 30 reviews

3.8/5

Rating in categories

3.4

Skill development

3.7

Work-life balance

3.9

Salary

3.8

Job security

4.0

Company culture

3.1

Promotions

3.6

Work satisfaction

Explore 30 Reviews and Ratings
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