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Universal Sompo General Insurance Management Trainee Marketing Interview Questions and Answers

Updated 26 Sep 2017

Universal Sompo General Insurance Management Trainee Marketing Interview Experiences

1 interview found

I was interviewed before Sep 2016.

Interview Questionnaire 

2 Questions

  • Q1. What are principles of insurance?
  • Ans. 

    Principles of insurance are fundamental concepts that guide the insurance industry.

    • Utmost good faith: Both parties must disclose all relevant information.

    • Insurable interest: The insured must have a financial interest in the insured item.

    • Indemnity: The insured should be compensated for the actual loss suffered.

    • Contribution: If multiple policies cover the same risk, each insurer shares the loss.

    • Subrogation: The insurer c...

  • Answered by AI
  • Q2. Should health insurance come under general Insurance or life Insurance

Interview Preparation Tips

Round: Test
Experience: It's very easy and to know the capability of the candidate
Tips: Be your self for the test
Duration: 10 hours
Total Questions: 40

Round: Technical + HR Interview
Experience: It's all about Insurance and self interview
Tips: Good knowledge about products.

Skills: Subject Knowledge, Basic Knowledge, Interpersonal Communication
College Name: GITAM University, Visakhapatnam

Interview questions from similar companies

I applied via Walk-in and was interviewed before Jun 2020. There was 1 interview round.

Interview Questionnaire 

3 Questions

  • Q1. How to manage public relations
  • Ans. 

    Managing public relations involves building and maintaining positive relationships with stakeholders through effective communication and strategic planning.

    • Develop a clear understanding of the organization's goals and values

    • Identify key stakeholders and their needs and expectations

    • Create a communication plan that includes regular updates and feedback mechanisms

    • Be transparent and honest in all communications

    • Respond prom...

  • Answered by AI
  • Q2. How to generate leads and close the case
  • Ans. 

    To generate leads and close the case, one must build relationships, understand the client's needs, and offer tailored solutions.

    • Build a strong network through referrals and networking events

    • Research and understand the client's industry and needs

    • Offer tailored solutions that address the client's pain points

    • Follow up consistently and provide excellent customer service

    • Use social media and digital marketing to reach potent

  • Answered by AI
  • Q3. Tell me something about insurance sector
  • Ans. 

    Insurance sector provides financial protection against unexpected events and risks.

    • Insurance companies offer various types of policies such as life, health, auto, property, and liability insurance.

    • Premiums are paid by policyholders to the insurance company in exchange for coverage.

    • Insurance companies use actuarial science to calculate risks and determine premiums.

    • Claims are filed by policyholders when an unexpected eve...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - first thing to do you have be confidence to interview.
never give up towards task and targets.

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

Round 1 - HR 

(3 Questions)

  • Q1. What are your salary expectations?
  • Q2. What is your family background?
  • Q3. Why are you looking for a change?

Interview Preparation Tips

Topics to prepare for ICICI Lombard General Insurance Company Relationship Manager interview:
  • Previous company
Interview preparation tips for other job seekers - Something about yourself.
Previous company target v/s Achievement,

I applied via Recruitment Consultant and was interviewed in Jul 2020. There was 1 interview round.

Interview Questionnaire 

2 Questions

  • Q1. What do u happen in ur daily work
  • Q2. What to do anything our organization

Interview Preparation Tips

Interview preparation tips for other job seekers - Be quite and then express your attitude

I applied via Walk-in and was interviewed in Aug 2020. There was 1 interview round.

Interview Questionnaire 

3 Questions

  • Q1. Self introduction
  • Q2. Jam round and some question about
  • Q3. You u need this job

Interview Preparation Tips

Interview preparation tips for other job seekers - Only need to introduce yourself self

I applied via Referral and was interviewed in Nov 2020. There was 1 interview round.

Interview Questionnaire 

6 Questions

  • Q1. Tell me about yourself?
  • Q2. What is general insurance?
  • Ans. 

    General insurance is a type of insurance that covers non-life assets and liabilities.

    • It covers assets such as property, vehicles, and personal belongings.

    • It also covers liabilities such as legal liability and personal accident.

    • Examples include car insurance, home insurance, and travel insurance.

    • It is different from life insurance which covers the risk of death or disability.

    • General insurance policies are usually annual...

  • Answered by AI
  • Q3. Brief about the company (SBI general insurance)?
  • Q4. Products of SBI general insurance
  • Ans. 

    SBI General Insurance offers a range of insurance products for individuals and businesses.

    • Motor Insurance

    • Health Insurance

    • Travel Insurance

    • Home Insurance

    • Personal Accident Insurance

    • Commercial Insurance

  • Answered by AI
  • Q5. What is arogya policy?
  • Q6. What is sum insured and tenure of arogya policy

Interview Questionnaire 

1 Question

  • Q1. Product related

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

Interview Questionnaire 

2 Questions

  • Q1. Work related questions
  • Q2. This interview was basically about general insurance. As i was new to GI industry, the main challenge for me was to answer the question related to GI .The interviewer tested my knowledge & patience. Thankf...

Interview Preparation Tips

Interview preparation tips for other job seekers - Be honest with yourself & ask if you have any query with a polite gesture
Don't make your interview a question answer session

I applied via Walk-in and was interviewed in Mar 2021. There was 1 interview round.

Interview Questionnaire 

3 Questions

  • Q1. Previous company and work
  • Ans. Tata aig is my first company and I worked as a off role person like back office executive
  • Answered Anonymously
  • Q2. Working experience and how to work with new role
  • Q3. I have experience as off role still 2 years and I am excite to work with new opportunities and new challenges with new people

Interview Preparation Tips

Interview preparation tips for other job seekers - Not tough questions in interview

Interview Questionnaire 

1 Question

  • Q1. Tell about your self
  • Ans. 

    I am an experienced Relationship Manager with a strong track record in building and maintaining client relationships.

    • Experienced Relationship Manager

    • Skilled in building and maintaining client relationships

    • Proven track record of achieving sales targets

    • Excellent communication and negotiation skills

    • Strong problem-solving abilities

    • Proficient in financial analysis and risk assessment

    • Ability to work well under pressure

    • Team p

  • Answered by AI
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Universal Sompo General Insurance Interview FAQs

What are the top questions asked in Universal Sompo General Insurance Management Trainee Marketing interview?

Some of the top questions asked at the Universal Sompo General Insurance Management Trainee Marketing interview -

  1. Should health insurance come under general Insurance or life Insuran...read more
  2. What are principles of insuran...read more

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