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SitusAMC Junior Underwriter Interview Questions and Answers

Updated 21 Aug 2024

SitusAMC Junior Underwriter Interview Experiences

3 interviews found

Interview experience
4
Good
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Selected Selected

I applied via Walk-in and was interviewed in Jul 2024. There were 2 interview rounds.

Round 1 - Assignment 

Underwriting assignment

Round 2 - HR 

(2 Questions)

  • Q1. Self introduction
  • Q2. Salary discussion
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(3 Questions)

  • Q1. Basic of us mortgages
  • Q2. Types of mortgages
  • Ans. 

    Types of mortgages include fixed-rate, adjustable-rate, FHA, VA, and jumbo loans.

    • Fixed-rate mortgages have a set interest rate for the entire term of the loan.

    • Adjustable-rate mortgages have an interest rate that can change periodically.

    • FHA loans are insured by the Federal Housing Administration and often require lower down payments.

    • VA loans are guaranteed by the Department of Veterans Affairs and are available to eligi...

  • Answered by AI
  • Q3. Us income calculation

Junior Underwriter Interview Questions Asked at Other Companies

Q1. Self introduction.accounting rules.what is good will.what is fina ... read more
asked in SitusAMC
Q4. Types of mortgages
Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
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 - Aptitude Test 

Test is conduct by three hours it include general knowledge, mathematics and Reasoning.

Round 3 - Technical 

(3 Questions)

  • Q1. Manager will discuss on technical
  • Q2. On subject discussion
  • Q3. Regards to process knowledge

Interview Preparation Tips

Interview preparation tips for other job seekers - It is good to work with situsamc to acquire knowledge and ability of person.

Interview questions from similar companies

I applied via Job Fair and was interviewed before Feb 2021. There was 1 interview round.

Round 1 - Technical 

(2 Questions)

  • Q1. Code any program in 2 languages
  • Ans. 

    I can code a program in Python and Java.

    • I am proficient in both Python and Java programming languages.

    • I have experience in developing web applications using Python and Java frameworks.

    • I can write efficient and optimized code in both languages.

    • I can develop programs for data analysis, machine learning, and automation using Python.

    • I can develop enterprise-level applications using Java.

    • Examples: Python - a program to scra...

  • Answered by AI
  • Q2. Behavioral questions on why you want to join?

Interview Preparation Tips

Interview preparation tips for other job seekers - be confident and answer how much you know

Interview Questionnaire 

1 Question

  • Q1. Batches,triggers
Interview experience
3
Average
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via LinkedIn and was interviewed before May 2023. There were 3 interview rounds.

Round 1 - Aptitude Test 

Very basic aptitude questions in a live mettle like platform

Round 2 - Technical 

(1 Question)

  • Q1. Questions on regression and patient data.
Round 3 - HR 

(1 Question)

  • Q1. General check for cultural fit

Interview Preparation Tips

Interview preparation tips for other job seekers - There are companies offering better perks and projects
Interview experience
3
Average
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Recruitment Consulltant and was interviewed before Jun 2023. There were 3 interview rounds.

Round 1 - Technical 

(2 Questions)

  • Q1. Scd type 1, 2,3,4
  • Q2. Joins, left,right,full,cross
Round 2 - One-on-one 

(2 Questions)

  • Q1. General topics like previous projects and managerial questions
  • Q2. Managerial questions to know you
Round 3 - HR 

(2 Questions)

  • Q1. Salary discussion
  • Q2. Culture about Axtria and policies
  • Ans. 

    Axtria promotes a collaborative and inclusive culture with a focus on innovation and growth.

    • Axtria values diversity and inclusion in the workplace

    • The company encourages innovation and creativity

    • There are policies in place to support employee growth and development

    • Axtria promotes a collaborative work environment

  • Answered by AI
Interview experience
2
Poor
Difficulty level
Easy
Process Duration
2-4 weeks
Result
Selected Selected

I applied via Referral and was interviewed in Jan 2023. There were 5 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 - Aptitude Test 

Simple test with basic questions and reasoning.

Round 3 - Technical 

(2 Questions)

  • Q1. Mostly based on resume and sql questions along with some easy questions related to project .
  • Q2. Snowflake , Python SQL joins ? Tbl A ->1,1,1,null Tbl B ->1,null,1,1 What will be the output for each join and write those outputs.
Round 4 - Technical 

(3 Questions)

  • Q1. Techno Managerial round mostly focused on sql , and database design .
  • Q2. You would be given a scenario for which you would be asked to design a database and based on that design you will be asked few questions.
  • Q3. Snowflake time travel ?
Round 5 - HR 

(1 Question)

  • Q1. Basic hr questions were asked .

Interview Preparation Tips

Interview preparation tips for other job seekers - Highly unprofessional interview experience with Axtria. Before the process started, I made the HR clear on my expectation and the company agreed. I cleared all my rounds and during the rounds every discussion regarding the expectations were same. Thinking I and the company are on the same page, I saw through the end of the interview. However, during the final salary discussion round the HR got back to stating an offer way way below the expected and agreed upon quote, stating the quote as "Generous". Huge waste of time and effort.
Word of Advice: Communicate clearly. Don't waste a candidate time in such a manner.
Definitely not going to work for a company that doesn't values candidate's time and lies throughout the interview process .
Interview experience
3
Average
Difficulty level
Moderate
Process Duration
4-6 weeks
Result
Selected Selected

I applied via Approached by Company and was interviewed in Feb 2023. There were 5 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Don’t add your photo or details such as gender, age, and address in your resume. These details do not add any value.
View all tips
Round 2 - One-on-one 

(1 Question)

  • Q1. Was asked about day to day tasks and responsibilities. Technical skills and specifically forecasting and experience in forecasting and visualisation
Round 3 - Aptitude Test 

Online aptitude test with a moderate to hard difficulty

Round 4 - One-on-one 

(1 Question)

  • Q1. Was asked to explain certain processes and asked about market modeling approaches and how tools Like sql, python and excel can be used to derive at a particular forecast
Round 5 - HR 

(1 Question)

  • Q1. Salary negotiation

Interview Preparation Tips

Topics to prepare for Axtria Senior Associate interview:
  • SQL
  • Python
  • VBA
  • Advanced Excel
  • Presentation Skills
  • Client Handling
  • Project Management
  • pharma forecasting
  • patient analytics
  • ai/ml
Interview preparation tips for other job seekers - Try to be well versed with your day to day responsibilities and try creating a list or article specifically tailored to explain what you do on a day to day basis. Explain everything in detail and in an articulate manner
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Selected Selected

I applied via Company Website and was interviewed in Dec 2023. There were 2 interview rounds.

Round 1 - Technical 

(2 Questions)

  • Q1. Ridge and lasso regression difference
  • Ans. 

    Ridge and lasso regression are both regularization techniques used in linear regression to prevent overfitting by adding penalty terms to the cost function.

    • Ridge regression adds a penalty term equivalent to the square of the magnitude of coefficients, while lasso regression adds a penalty term equivalent to the absolute value of the magnitude of coefficients.

    • Ridge regression tends to shrink the coefficients towards zer...

  • Answered by AI
  • Q2. Random forest vs decision tree vs xg boost
  • Ans. 

    Random forest is an ensemble method using multiple decision trees, XGBoost is a gradient boosting algorithm that builds trees sequentially.

    • Random forest is an ensemble learning method that builds multiple decision trees and combines their predictions.

    • Decision tree is a single tree model that makes decisions based on features to predict outcomes.

    • XGBoost is a gradient boosting algorithm that builds trees sequentially, op...

  • Answered by AI
Round 2 - HR 

(2 Questions)

  • Q1. Why do you not want to opt for higher studies
  • Q2. What to do when a team member is not collaborating

Interview Preparation Tips

Interview preparation tips for other job seekers - Read about pharma industry

Skills evaluated in this interview

SitusAMC Interview FAQs

How many rounds are there in SitusAMC Junior Underwriter interview?
SitusAMC interview process usually has 2 rounds. The most common rounds in the SitusAMC interview process are Resume Shortlist, Aptitude Test and Technical.
How to prepare for SitusAMC Junior Underwriter 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 SitusAMC. The most common topics and skills that interviewers at SitusAMC expect are Genetics, Market Data, US Staffing, Customer Service and Home Loans.
What are the top questions asked in SitusAMC Junior Underwriter interview?

Some of the top questions asked at the SitusAMC Junior Underwriter interview -

  1. Types of mortga...read more
  2. Manager will discuss on techni...read more
  3. On subject discuss...read more

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SitusAMC Junior Underwriter Interview Process

based on 3 interviews

Interview experience

4.3
  
Good
View more

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SitusAMC Junior Underwriter Salary
based on 222 salaries
₹4 L/yr - ₹9 L/yr
27% more than the average Junior Underwriter Salary in India
View more details

SitusAMC Junior Underwriter Reviews and Ratings

based on 29 reviews

3.5/5

Rating in categories

3.3

Skill development

3.5

Work-life balance

3.5

Salary

3.1

Job security

3.4

Company culture

3.1

Promotions

3.4

Work satisfaction

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