Urban Company Senior Associate Interview Questions and Answers for Experienced

Q1. What are the types of frauds in General Insurance
Ans. 
Types of frauds in General Insurance include premium diversion, false claims, and policy manipulation.
• Premium diversion: When an agent or employee diverts premium payments for personal use.

• False claims: Submitting fake claims for reimbursement.

• Policy manipulation: Altering policy details to obtain more coverage or lower premiums.
Answered by AI
Add your answer
Q2. What are the technicalities to be taken in mind during processing of general insurance claim
Ans. 
Technicalities to consider during processing of general insurance claim
• Verify policy coverage and limits

• Assess the cause of loss and determine if it is covered

• Gather necessary documentation and evidence

• Evaluate the extent of damage or loss

• Adhere to regulatory requirements and timelines

• Communicate effectively with the insured party
Answered by AI
Add your answer

Q1. Why do you want to join digit?
Ans. 
I want to join digit because of its innovative approach to technology and its reputation for fostering professional growth.
• Digit's focus on cutting-edge technology aligns with my passion for innovation.

• I am impressed by Digit's track record of supporting employee development and career advancement.

• I believe Digit's collaborative work environment will allow me to thrive and contribute effectively.
Answered by AI
Add your answer
Q2. Tell us about yourself
Ans. 
Experienced Senior Associate with a background in finance and project management.
• Over 5 years of experience in financial analysis and reporting

• Skilled in project management and leading cross-functional teams

• Strong communication and presentation skills

• Proficient in data analysis and financial modeling

• Previous experience working with Fortune 500 companies
Answered by AI
Add your answer

KNOWLEDGE OF INSURANCE SECTOR

Q1. WORK EXPERIENCE & CTC
Add your answer
Q2. KNOWLEDGE OF GENERAL INSURANCE
Add your answer

Q1. Run through ur resume
Ans. 
I have a diverse background in finance, consulting, and project management.
• Started my career in finance at XYZ Company, where I gained experience in financial analysis and reporting

• Transitioned to consulting at ABC Consulting, working on various projects for clients in different industries

• Currently working as a project manager at DEF Corporation, leading cross-functional teams to deliver successful projects
Answered by AI
Add your answer
Q2. Run through ur resume could have done through call also ...not required to call F to F and say u can leave...
Add your answer

Q1. Job experience, introduction
Add your answer

Q1. Working experienced
Add your answer

Final assignment to complete

Q1. Personal information,
Add your answer
Q2. Work experience
Add your answer

Q1. Personal discussion
Add your answer
Q2. Discuss about package
Add your answer

Aptitude only BASIC QUESTIONS

Q1. Resume Projects
Add your answer
Q2. Resume Position of responsibiloity
Add your answer

Q1. Analytical question asked.
Add your answer

Q1. Case study question asked.
Add your answer