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SPECTRUM INSURANCE BROKING Senior Executive Interview Questions and Answers for Experienced
SPECTRUM INSURANCE BROKING Senior Executive Interview Experiences for Experienced
1 interview found
Anonymous
Selected
I applied via Referral and was interviewed before Dec 2023. There was 1 interview round.
(1 Question)
- Q1. Tell me about yourself.
- Ans.
Experienced Senior Executive with a proven track record in leading teams and driving business growth.
Over 10 years of experience in senior leadership roles
Successfully implemented strategic initiatives to increase revenue by 30%
Strong communication and negotiation skills
Led cross-functional teams to achieve company goals
MBA in Business Administration from a top university
Interview questions from similar companies
Selected
I applied via Approached by Company and was interviewed in May 2024. There were 2 interview rounds.
(2 Questions)
- Q1. How many boxes are there in cms-1500 and can you name atleast five boxes ?
- Q2. What is authorisation ...types of auth what do you do if you have a auth denial ?
- Ans.
Authorization is the process of granting or denying access to resources based on identity and permissions.
Authorization is the process of determining whether a user or system has the necessary permissions to access a resource.
Types of authorization include role-based access control (RBAC), attribute-based access control (ABAC), and discretionary access control (DAC).
If authorization is denied, the user or system will n...
(3 Questions)
- Q1. How does you start your day in office?
- Q2. What is the eligibility of Medicare?
- Q3. How do you solve coding related denials?
- Ans.
Coding related denials can be solved by identifying root causes, implementing process improvements, and providing education to staff.
Identify common coding errors and provide targeted training to staff
Implement regular audits to catch coding mistakes early
Utilize software tools to assist with accurate coding
Collaborate with coding team to address any systemic issues causing denials
Interview Preparation Tips
(2 Questions)
- Q1. Brief introduction
- Q2. About previous job roles and responsibilities
(2 Questions)
- Q1. About goggle pay process
- Q2. Features of google pay
- Ans.
Google Pay is a digital wallet platform and online payment system developed by Google.
Allows users to make payments using their mobile devices
Supports contactless payments in stores
Offers peer-to-peer money transfers
Integrates with various online platforms for easy checkout
Provides rewards and cashback for transactions
Interview Preparation Tips
Denis Javel
Selected
I applied via LinkedIn and was interviewed in Aug 2023. There were 4 interview rounds.
(3 Questions)
- Q1. Tell me about yourself Explain the project you worked In ?
- Q2. What is OTC ? SAP T-codes ?
- Ans.
OTC stands for Over-the-Counter, referring to medications that can be purchased without a prescription. SAP T-codes are transaction codes used in SAP software for various functions.
OTC medications are available without a prescription from a healthcare provider
SAP T-codes are shortcuts to specific functions in SAP software
Examples of OTC medications include ibuprofen and cough syrup
Examples of SAP T-codes include VA01 f...
- Q3. What is OTC ?
(2 Questions)
- Q1. Explain the Order to Cash Flow ? How you book the order ? How you Invoice the order ? Scenario Based Question about If customer reject the invoice, what's the next step ?
- Ans.
Order to Cash Flow involves booking orders, invoicing customers, and handling rejections.
Booking the order involves capturing customer details, product/service details, quantity, pricing, and delivery terms.
Invoicing the order includes generating an invoice with all relevant details, such as customer name, order details, pricing, and payment terms.
If a customer rejects the invoice, the next step is to investigate the r...
- Q2. How you book the order from customer
- Ans.
Orders are booked through a combination of direct sales, online platforms, and partnerships with distributors.
Utilize a sales team to directly engage with customers and secure orders
Leverage online platforms such as a company website or e-commerce platforms for customers to place orders
Establish partnerships with distributors to reach a wider customer base and increase order volume
(3 Questions)
- Q1. Introduction ? Work experience ? Salary discussion ?
- Q2. Scenario Based questions
- Q3. Salary discussion
Interview Preparation Tips
- Invoice Processing
- SAP
(1 Question)
- Q1. Tell me about yourself
Selected
I applied via Approached by Company and was interviewed in Apr 2023. There were 3 interview rounds.
(3 Questions)
- Q1. What is transfer pricing and its different methods?
- Ans.
Transfer pricing is the practice of determining the value of goods or services exchanged between related entities in different tax jurisdictions.
Transfer pricing is used to determine the price of goods or services transferred between related entities in different countries.
It is important for companies to ensure that transfer pricing is done at arm's length, meaning the price is similar to what would be charged between...
- Q2. What is operating leverage
- Ans.
Operating leverage refers to the degree to which fixed costs are used in a company's operations.
Operating leverage measures the impact of fixed costs on a company's profits.
A company with high fixed costs and low variable costs has high operating leverage.
Operating leverage can magnify profits in good times, but also magnify losses in bad times.
Examples of fixed costs include rent, salaries, and equipment costs.
Operati...
- Q3. What is contract manufacturing and toll manufacturing
- Ans.
Contract manufacturing is when a company hires another company to produce their products, while toll manufacturing is when a company provides raw materials to another company to produce a product.
Contract manufacturing involves outsourcing the production of a product to a third-party manufacturer.
The company that hires the manufacturer retains control over the design and distribution of the product.
Toll manufacturing i...
(2 Questions)
- Q1. Situational based questions on transfer pricing
- Q2. Questions on forex transactions
Interview Preparation Tips
- Transfer pricing
- Financial Accounting
- International Taxation
- Financial Management
I applied via Job Fair and was interviewed in Feb 2024. There was 1 interview round.
(2 Questions)
- Q1. What is your qualification
- Q2. Are you married or un married
Interview Preparation Tips
I applied via Recruitment Consulltant and was interviewed in Jul 2023. There were 3 interview rounds.
Communication through phones
(2 Questions)
- Q1. Studies related
- Q2. Why to choose these field
Interview Preparation Tips
Selected
I applied via Recruitment Consulltant and was interviewed in Mar 2023. There were 3 interview rounds.
(1 Question)
- Q1. Introduction, Previous Job Experience
(1 Question)
- Q1. Speak on any one topic for 5 mins
- Ans.
The impact of artificial intelligence on the future of work
Introduction to artificial intelligence and its applications in various industries
Discussion on how AI is changing the nature of work and job roles
Challenges and opportunities presented by AI in the workplace
Ethical considerations and the need for regulation in AI implementation
Examples of companies using AI to streamline processes and improve efficiency
Interview Preparation Tips
(3 Questions)
- Q1. Tell me about yourself..
- Q2. How's your previous experiences..? What's you strength and weakness..?
- Q3. What understanding do you have of the role and what are you expectations..?
Interview Preparation Tips
Most likely it will start with sharing something about you. This is the most crucial part of as it has the capability to set the tone. It should be taken up as crisp overview about self which will help the employer to know about you and also to ask more in the direction they wish to explore. A word of caution here, this should not be very speechy as in taking too much of time, in terms of duration 2 mins is good enough. Highlight a little of background, skills, workex, learnings & such things out of which more insight can be received.
Then comes taking points from CV/resume, which has to be prepared well both conceptually and practically. Usually a good interview is where a healthy discussion is tabled on both sides, there are lot of questions and answers at the same time which is not merely QnA... rather a forum to build an understanding of each other as a propective employer and employee. Also, prepare a few questions to ask, needless to say its about your query which you would like to get an understanding of, if you do not have any thats absolutely ok.
Few questions like:
- strenghts & weakness
- where do you see yourself down the line let say 5-10 years
- hobbies and likings,
- techincal questions (expected) etc. is also recommended to be prepared, especially for those who are freshers. Clearity on academic question is always a plus, so may give it a brush up.
Do lots of mirror practice, it will help to give a view on where apparently there is a scope for improvement. For those with habit of self talk it should come around easy. People who feel comfortable talking to strangers kind of feel this process natural.
At times it happens that there is a question we do not know an answer to, for this take a pause think of an answer if nothing clicks better to accept that its not known instead of beating around the bush.
In qualitative terms, be open to discussion, have a lit up face, smile is a plus, be gateful about the interview and time which is devoted and do take a light meal which keeps you energetic during this time.
Most of all be a part of process and fare the best inside.
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SPECTRUM INSURANCE BROKING Senior Executive Reviews and Ratings
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Sales Executive
5
salaries
|  ₹2.4 L/yr - ₹3.6 L/yr |
|
HR Executive
4
salaries
| ₹2 L/yr - ₹2.7 L/yr |
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