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I applied via Company Website and was interviewed in Mar 2024. There was 1 interview round.
Factors that can be considered as risks in insurance are determined based on their likelihood of occurrence and potential impact on the insured party.
Evaluate the probability of the risk occurring
Assess the potential impact of the risk on the insured party
Consider the financial implications of the risk for the insurance company
Analyze historical data and trends to identify common risks in a particular industry or regio...
Stop loss treaty is a reinsurance agreement where the reinsurer agrees to cover losses above a certain threshold for the ceding company.
Stop loss treaty is a type of reinsurance agreement.
It sets a specific threshold for losses that the ceding company will cover on its own.
The reinsurer agrees to cover losses above this threshold.
It helps the ceding company limit its exposure to large losses.
Example: If a ceding compan...
Claims are requests made by individuals or companies to an insurance company for payment of benefits or services covered under an insurance policy.
Claims are typically submitted after a covered event or service has occurred.
Insurance companies review claims to determine if they are valid and covered under the policy.
Claims can be related to various types of insurance such as health, auto, property, or liability.
Example...
Credit control is the process of managing the credit extended to customers and ensuring timely payment.
Credit control involves setting credit limits for customers based on their creditworthiness.
It also includes monitoring customer payments and following up on overdue invoices.
Credit control aims to minimize the risk of bad debts and improve cash flow for the company.
Examples of credit control measures include sending ...
Insurance is a financial protection plan that provides coverage against potential losses or damages.
Insurance involves a contract between the insurer and the insured party.
The insured pays a premium to the insurer in exchange for coverage against specified risks.
Common types of insurance include health, life, auto, home, and travel insurance.
Insurance helps individuals and businesses manage risks and protect themselves...
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I applied via Naukri.com and was interviewed before Apr 2021. There were 2 interview rounds.
I applied via Walk-in and was interviewed before Jul 2021. There was 1 interview round.
I applied via Campus Placement and was interviewed before Jan 2021. There were 2 interview rounds.
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Analyst
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Process Expert
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