AXA Business Services Interview Questions and Answers

Yes, I am comfortable with calls as part of my job as a Financial Analyst.

• I am comfortable with making and receiving calls to clients, colleagues, and stakeholders.

• I have experience in conducting phone interviews for research purposes.

• I am proficient in communicating complex financial information over the phone.

• I am able to handle difficult or challenging conversations over the phone professionally.

Insurance is a financial product that provides protection against financial losses.

• Insurance is a contract between an individual or entity and an insurance company.

• The individual or entity pays a premium in exchange for coverage against specific risks.

• Insurance can cover various aspects such as health, property, life, and liability.

• Examples of insurance include health insurance, car insurance, life insurance, and homeo...read more

A spin off in Corporate action is when a company creates a new independent company by separating a part of its business.

• A spin off involves a parent company distributing shares of a subsidiary to its existing shareholders.

• The new independent company operates separately from the parent company.

• Spin offs can be done to unlock value, focus on core businesses, or improve efficiency.

• Examples of spin offs include the separat...read more

Bonus issue in corporate actions refers to the issuance of additional shares to existing shareholders at no cost.

• Bonus issue is a form of corporate action where a company distributes additional shares to its existing shareholders for free.

• This is done as a way to reward shareholders without affecting the company's cash reserves.

• Shareholders receive additional shares in proportion to their existing holdings, maintaining...read more

In-the-money (ITM) option

• If the strike price is greater than the current market price in a PUT option, it is considered in-the-money (ITM)

• ITM options have intrinsic value because they can be exercised for a profit

• Example: If the strike price of a PUT option is $50 and the current market price is $45, it is ITM

Reconciliation is the process of comparing two sets of records to ensure they are in agreement. Trade life cycle includes order generation, execution, confirmation, settlement, and post-trade processing.

• Reconciliation involves comparing data from different sources to identify and resolve discrepancies.

• Stages of trade life cycle include order generation, execution, confirmation, settlement, and post-trade processing.

• Exa...read more

AXA is a multinational insurance company headquartered in France.

• AXA is one of the largest insurance companies in the world.

• It offers a wide range of insurance products and services including life, health, property, and casualty insurance.

• AXA operates in multiple countries and regions globally.

• The company also provides asset management and investment services.

• AXA is known for its strong financial stability and customer...read more

Investment banking provides financial services to corporations, governments, and other institutions.

• Investment banks help companies raise capital through issuing stocks and bonds.

• They provide advisory services for mergers and acquisitions.

• They offer trading and market making services for securities.

• Investment banks also engage in asset management and wealth management.

• They assist in underwriting new debt and equity sec...read more

Stateful components store and manage state data, while stateless components do not store state data.

• Stateful components have internal state data that can change over time, while stateless components rely on props passed down from parent components.

• Stateful components are typically class components in React, while stateless components are functional components.

• Examples of stateful components include forms, modals, and s...read more

Understanding the order of output in JavaScript with setTimeout and console.log is crucial for mastering asynchronous behavior.

• setTimeout is asynchronous and will execute after the specified delay, allowing other code to run first.

• console.log statements execute in the order they are called, regardless of setTimeout.

• Example: console.log('A'); setTimeout(() => console.log('B'), 0); console.log('C'); outputs 'A', 'C', ...read more

Company policies are guidelines and rules set by the company to govern the behavior and actions of employees.

• Company policies outline expectations for employee conduct

• They cover areas such as attendance, dress code, communication, and use of company resources

• Policies are typically documented in an employee handbook or on the company intranet

• Employees are expected to adhere to company policies to maintain a positive wor...read more