Tata AIA Life Insurance Senior Bancassurance Manager Interview Questions and Answers for Freshers

Q1. Different lifestyle diseases and their diagnosis
Ans. Since I was in the underwriting dept, I was asked ques about lifestyle diseases, main focus being the diagnosis and medicines used to cure the diseases
Answered by Purva Samant
View 2 more answers

Q1. Why do you want to join the organisation
Add your answer
Q2. I want to explore a different tangent in my field (since I am a pharmacist)
Add your answer

Q1. Tell me about yourself
Add your answer

Q1. What is marginal costing
Ans. 
Marginal costing is a technique of costing in which only variable costs are considered for decision making.
• Marginal costing helps in determining the contribution margin of a product or service.

• It is useful in short-term decision making such as pricing, make or buy decisions, etc.

• Fixed costs are not considered in marginal costing as they are assumed to remain constant.

• It is also known as direct costing or variable costi...read more
Answered by AI
Add your answer
Q2. What is term plan in insurance
Ans. 
Term plan is a type of life insurance policy that provides coverage for a specific period of time.
• Term plan provides financial protection to the policyholder's family in case of their untimely demise

• Premiums for term plans are generally lower compared to other types of life insurance policies

• Term plans do not offer any maturity benefits if the policyholder survives the policy term

• Policyholders can choose the policy ter...read more
Answered by AI
View 1 more answer

Q1. What is internal audit
Ans. 
Internal audit is an independent, objective assurance and consulting activity designed to add value and improve an organization's operations.
• Internal audit evaluates the effectiveness of an organization's risk management, control, and governance processes.

• It provides recommendations for improvement and helps the organization accomplish its objectives.

• Examples of internal audit activities include financial audits, opera...read more
Answered by AI
Add your answer

Q1. General questions aksed no details interview
Add your answer
Q2. Reason for change and more abt job
Add your answer

Q1. Yes more questions asked
Add your answer

Q1. Q1 . Questions based on BEI that are mapped to competencies
Add your answer
Q2. Q2. Qustions to understand achievment
Ans. 
I have achieved significant growth in revenue and market share for my previous company.
• Implemented a new sales strategy that increased revenue by 25% in the first year

• Expanded the company's market share by 15% through targeted marketing campaigns

• Led a team of sales representatives to exceed quarterly sales targets consistently

• Developed and maintained strong relationships with key clients, resulting in repeat business a
Answered by AI
Add your answer

Q1. Experience related
Add your answer

Asked to prepare a ppt

Q1. Previous experience
Add your answer
Q2. Why are you leaving current job
Add your answer

Its easy for all the people dont get nervous

Be confident in the gd round don't rush to speak

Q1. Technical questions on ur work ex and education ? Also don't forget to answer properly?
Add your answer
Q2. Don't worry if u go lil out?
Add your answer