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Understanding accounts involves knowledge of financial statements, accounting principles, and regulatory compliance.
Familiarity with financial statements: Balance sheets, income statements, and cash flow statements are crucial for assessing a company's health.
Knowledge of accounting principles: Understanding GAAP (Generally Accepted Accounting Principles) or IFRS (International Financial Reporting Standards) is es...
Expected CTC and shift timing are negotiable based on job requirements and responsibilities.
Expected CTC is based on industry standards, company budget, and candidate's experience.
Shift timing flexibility depends on project deadlines, team collaboration, and stakeholder availability.
Open to discussing CTC and shift timing during the negotiation phase.
I prioritize tasks, communicate with stakeholders, and adjust timelines as needed.
Prioritize tasks based on importance and impact on project goals
Communicate with stakeholders about the situation and potential impact on deadlines
Adjust timelines by reevaluating priorities and resources available
Seek input from team members to identify potential solutions or adjustments
Example: If a feature takes longer to develop ...
Sum adds all values in a range, while Sumif adds values based on a condition.
Sum: =SUM(A1:A5) adds all values in range A1 to A5
Sumif: =SUMIF(A1:A5,">3") adds values in range A1 to A5 where value is greater than 3
Window dressing of balance sheet refers to manipulating financial statements to make a company appear more financially stable than it actually is.
It involves using accounting tricks to improve the appearance of financial ratios and metrics.
Examples include inflating revenue, deferring expenses, and understating liabilities.
Window dressing is often used to impress investors or lenders, but it can be misleading and ...
Acid test ratio is a financial metric used to measure a company's ability to pay off its short-term liabilities with its current assets.
Also known as quick ratio
Formula: (Current Assets - Inventory) / Current Liabilities
A ratio of 1 or higher is considered good
Helps assess a company's liquidity and financial health
Journal entry of drawings from own proprietary business
Create a journal entry with the date of the transaction
Debit the drawings account and credit the owner's equity account
Include the amount of the drawings in the entry
Example: On 1/1/2021, $500 was withdrawn from the business for personal use. Debit Drawings for $500 and credit Owner's Equity for $500
Options are choices or alternatives that are available to a person or organization.
Options provide flexibility and allow for decision-making.
Examples of options include different insurance policies, investment opportunities, or career paths.
Options can also refer to financial instruments such as stock options or futures contracts.
Privacy issues encountered include data breaches, unauthorized access, and lack of transparency.
Data breaches resulting in exposure of personal information
Unauthorized access to sensitive data by employees or hackers
Lack of transparency in data collection and usage
Difficulty in obtaining consent for data sharing
Challenges in ensuring data accuracy and security
Potential for discrimination based on collected data
Iss...
This question seems unrelated to the Claims Analyst position and may require clarification.
Ask for clarification on the question's relevance to the job
Ask for more information on what '11' and '3 stick' refer to
Attempt to solve the puzzle if it is indeed a riddle
I appeared for an interview in Jan 2025.
In the group discussion round, each participant was required to speak on a designated topic to assess their communication skills, followed by a one-on-one in-person discussion.
I applied via Campus Placement and was interviewed in Oct 2024. There were 3 interview rounds.
The aptitude test was held online and the process was very smooth, general aptitude, English and logical reasoning
It was based on one's course being pursued
Actuarial papers cover various topics such as mathematics, statistics, finance, economics, and insurance principles.
Actuarial Mathematics - covers topics like probability theory, interest theory, and life contingencies
Actuarial Statistics - focuses on statistical methods and models used in actuarial work
Finance and Economics - includes topics like financial mathematics, economics, and investment principles
Insurance Pri...
The timeline to clear all exams varies for each individual and depends on factors like study habits, prior knowledge, and exam difficulty.
The timeline to clear all exams can range from a few months to several years, depending on the individual's pace of studying and ability to grasp the material.
Factors such as prior knowledge in related subjects, study habits, and the difficulty of the exams can all impact the timelin...
I have over 10 years of experience in data analysis and management in various industries.
Managed and analyzed large datasets to identify trends and make data-driven decisions
Implemented data quality control measures to ensure accuracy and reliability of data
Collaborated with cross-functional teams to develop data-driven strategies and solutions
Utilized data visualization tools such as Tableau and Power BI to present fi...
Experienced Senior Advisor with a background in finance and strategic planning.
Over 10 years of experience in advising senior management on financial decisions
Skilled in developing and implementing strategic plans to drive business growth
Strong analytical and problem-solving skills
Excellent communication and interpersonal abilities
Previously advised a Fortune 500 company on restructuring their investment portfolio
I appeared for an interview in Feb 2025, where I was asked the following questions.
Basic accounting principles guide financial reporting and ensure consistency and transparency in financial statements.
Accrual Principle: Revenue and expenses are recorded when they are earned or incurred, not when cash is exchanged. Example: A company recognizes revenue when a service is provided, not when payment is received.
Consistency Principle: Businesses should use the same accounting methods from period to period...
Insurance is a financial safety net that protects clients from unexpected losses, providing peace of mind and financial stability.
Risk Management: Insurance helps clients manage risks by transferring the financial burden of potential losses to the insurer.
Financial Protection: In case of accidents, illnesses, or disasters, insurance provides compensation, ensuring clients don't face crippling expenses. For example, hea...
posted on 3 Jul 2024
I am using a hybrid automation framework which combines data-driven and keyword-driven approaches.
Combines data-driven and keyword-driven testing
Uses reusable functions and libraries
Supports both web and mobile testing
Allows for easy maintenance and scalability
I manage parallel test execution by using test automation frameworks and tools to run multiple tests simultaneously.
Utilize test automation frameworks like Selenium Grid or TestNG to run tests in parallel
Leverage cloud-based testing platforms like Sauce Labs or BrowserStack for parallel test execution
Implement parallel test execution in CI/CD pipelines using tools like Jenkins or Travis CI
Use containerization technolog...
In the next 5 years, I see myself leading a team of QA automation engineers, implementing cutting-edge technologies, and continuously improving processes.
Leading a team of QA automation engineers
Implementing cutting-edge technologies in automation
Continuously improving processes and methodologies
Attending leadership training and workshops
Mentoring junior team members
I applied via LinkedIn and was interviewed in Jul 2024. There was 1 interview round.
I am a seasoned Pension Administrator with over 10 years of experience in managing pension plans for various organizations.
Over 10 years of experience in pension administration
Managed pension plans for multiple organizations
Skilled in compliance with pension regulations
Strong attention to detail and accuracy in calculations
I applied via Campus Placement
Basic maths questions
They provide one topic on the spot and you have to discuss with other candidates
Mortality tables are used by actuaries to predict the likelihood of death at different ages.
Mortality tables provide data on the probability of death at different ages, which is crucial for calculating life insurance premiums and pension plans.
Actuaries use mortality tables to estimate life expectancies and determine appropriate reserves for insurance companies.
These tables are also used to analyze trends in mortality ...
Triangles can be used in actuarial analysis to calculate reserves by grouping data into different time periods.
Triangles help in analyzing the development of claims over time
They are typically used for calculating reserves in insurance companies
The data is grouped into different triangles based on the time period, such as accident year and development year
I applied via Approached by Company and was interviewed in Apr 2024. There were 3 interview rounds.
Aptitude, fluency and analytical skills
I am a recent graduate with a degree in Operations Management. I have experience in supply chain management and process optimization.
Graduated with a Bachelor's degree in Operations Management
Completed internships in supply chain management
Skilled in process optimization techniques
Participated in academic projects related to operations research
I have a strong background in operations management and a proven track record of improving efficiency and productivity.
I have X years of experience in operations management, where I successfully implemented process improvements that resulted in a X% increase in efficiency.
I am highly skilled in data analysis and problem-solving, which are essential for optimizing operations processes.
I have a strong attention to detail...
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The duration of Willis Towers Watson interview process can vary, but typically it takes about less than 2 weeks to complete.
based on 86 interview experiences
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Senior Advisor
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| ₹3.8 L/yr - ₹8.3 L/yr |
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| ₹2 L/yr - ₹6 L/yr |
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| ₹5.5 L/yr - ₹12 L/yr |
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| ₹11.4 L/yr - ₹20 L/yr |
Senior Associate
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| ₹3.8 L/yr - ₹8.3 L/yr |
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