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ICICI Lombard General Insurance Company Interview Questions and Answers
101 Interview questions
Types of risk include market risk, credit risk, operational risk, liquidity risk, and legal risk.
Market risk: the risk of financial loss due to changes in market conditions
Credit risk: the risk of loss due to a borrower's failure to repay a loan or meet contractual obligations
Operational risk: the risk of loss due to inadequate or failed internal processes, people, and systems
Liquidity risk: the risk of loss due t...
I have managed teams ranging from 5 to 50 agents.
I have experience managing teams of varying sizes.
I have successfully managed a team of 30 agents in my previous role.
I believe in quality over quantity, and ensure that each agent receives adequate attention and support.
I have implemented training programs to improve agent performance and productivity.
Our last company achieved a 20% increase in sales revenue and expanded our customer base by 30%.
Increased sales revenue by 20%
Expanded customer base by 30%
Implemented new sales strategies resulting in higher conversion rates
Developed stronger relationships with key clients
Improved team communication and collaboration
To handle customer and dealer channels, it is important to prioritize communication, establish clear expectations, and provide exceptional service.
Establish open lines of communication with both customers and dealers to ensure their needs are being met
Set clear expectations for response times, issue resolution, and overall service
Provide exceptional service by going above and beyond to address concerns and provide...
Yes, I am willing to travel daily for an office-based job.
I have reliable transportation and am willing to commute.
I understand that travel may be necessary for this position.
I am flexible and adaptable to changing work environments.
I am excited about the opportunity to work in an office setting and am willing to make the necessary arrangements to commute daily.
Our health claims process involves thorough verification, documentation, and communication with healthcare providers and customers.
Verify the accuracy of the claim and supporting documents
Communicate with healthcare providers to gather additional information if needed
Ensure compliance with regulatory requirements
Process the claim and communicate the outcome to the customer
Provide assistance and support to customer...
The internet is a global network of interconnected computers and servers that communicate with each other using standardized protocols.
The internet allows users to access and share information from anywhere in the world.
It is made up of millions of interconnected devices, including computers, servers, routers, and switches.
The internet uses a variety of protocols, including TCP/IP, HTTP, and FTP, to facilitate com...
A domain is a group of computers and devices on a network that are administered as a unit with common rules and procedures.
A domain is a logical grouping of network resources such as computers, printers, and servers.
It allows for centralized management of user accounts, security policies, and network resources.
Domains are commonly used in business environments to provide secure access to network resources.
Examples...
I sourced business through various channels such as networking, referrals, and cold calling.
Networking events and conferences
Referrals from current clients and colleagues
Cold calling potential clients
Online marketing and social media
Partnerships with other businesses
Attending trade shows and exhibitions
General insurance is a type of insurance that covers non-life assets and liabilities.
General insurance policies cover assets such as cars, homes, and businesses.
It also covers liabilities such as public liability, professional indemnity, and product liability.
General insurance policies are typically short-term and renewable.
Examples of general insurance companies include Allianz, AIG, and Zurich.
General insurance ...
ICICI Lombard General Insurance Company Interview Experiences
312 interviews found
Anonymous
Selected
I appeared for an interview in Feb 2025.
(2 Questions)
- Q1. Tell me about yourself
- Q2. How many years experience in automobile industry
- Ans.
I have over 5 years of experience in the automobile industry, focusing on claims management and customer service.
Worked for XYZ Insurance for 3 years, handling automobile claims and ensuring timely resolutions.
Managed a team of 5 in processing claims, improving efficiency by 20%.
Conducted training sessions for new hires on claims procedures and customer interaction.
Collaborated with auto repair shops to assess damages ...
(2 Questions)
- Q1. Tell me about basic things in claim process
- Ans.
The claims process involves reporting, investigation, evaluation, and settlement of insurance claims.
Claim Reporting: The insured reports the incident to the insurer, providing necessary details.
Investigation: The insurer investigates the claim, gathering evidence and statements from involved parties.
Evaluation: The insurer assesses the claim's validity and determines the amount payable based on policy terms.
Settlement...
- Q2. What was the role of claim handler
- Ans.
A claim handler processes insurance claims, ensuring accurate assessment and timely resolution for policyholders.
Review and assess claims submitted by policyholders for validity and coverage.
Investigate claims by gathering necessary documentation, such as medical records or police reports.
Communicate with clients to explain the claims process and gather additional information.
Negotiate settlements with clients or third...
(2 Questions)
- Q1. Salary expectation
- Q2. How many members in your family
- Ans.
I have a family of five, including my parents, two siblings, and myself, creating a close-knit and supportive environment.
My father is an engineer, and my mother is a teacher, both instilling strong values in us.
I have an older sister who is pursuing a career in medicine, and a younger brother who loves sports.
We often spend weekends together, whether it's hiking or playing board games, strengthening our bond.
Claims Executive Interview Questions asked at other Companies
Selected
(2 Questions)
- Q1. About yourself details
- Q2. Past experiences
(1 Question)
- Q1. What type of work you followed and how you will contribute here
- Ans.
I have experience in relationship management, client communication, and financial analysis. I will contribute by building strong client relationships and providing tailored financial solutions.
Experience in relationship management and client communication
Strong background in financial analysis
Ability to build and maintain strong client relationships
Providing tailored financial solutions to meet client needs
Interview Preparation Tips
If any one says will get back to you and you will receive call in 72 working hours.
If not received then you can understand
Relationship Manager Interview Questions asked at other Companies
Pravin zagade
Selected
I appeared for an interview in Dec 2024.
Previous company introduction.
(2 Questions)
- Q1. What is the relationship between salary levels and job positions, specifically in the context of team leader roles?
- Ans.
Salary levels for team leader roles are typically higher than individual contributor roles due to increased responsibilities and leadership duties.
Team leaders often receive higher salaries compared to team members due to their additional responsibilities in managing and leading a team.
Salary levels for team leaders may also vary based on the size of the team they are leading, the industry they are in, and their level ...
- Q2. What was your designation at your last company?
- Ans.
I was the Senior Project Manager at my last company.
Led a team of project managers and coordinators
Responsible for overseeing multiple projects from initiation to completion
Collaborated with cross-functional teams to ensure project success
(2 Questions)
- Q1. Can you provide a self-introduction?
- Ans.
Experienced Senior Manager with a proven track record of leading successful teams and driving business growth.
Over 10 years of experience in management roles
Strong leadership skills and ability to motivate teams
Track record of achieving targets and exceeding expectations
Expertise in strategic planning and decision-making
Effective communication and relationship-building skills
- Q2. What is your experience regarding previous job-related questions?
Interview Preparation Tips
Senior Manager Interview Questions asked at other Companies
Selected
I appeared for an interview in Dec 2024, where I was asked the following questions.
- Q1. Tell us about yourself?
- Q2. How would you improve website conversions for an insurance company?
Digital Product Manager Interview Questions asked at other Companies
Selected
I appeared for an interview in Dec 2024.
(3 Questions)
- Q1. Can you provide a self-introduction?
- Ans.
I am a highly motivated and results-driven individual with a strong background in sales and team management.
I have over 5 years of experience in sales and business development.
I have successfully led a team of sales representatives to exceed targets by 20% in the last quarter.
I am skilled in building and maintaining relationships with clients and stakeholders.
I am a strategic thinker with a proven track record of devel...
- Q2. What is the concept of insurance?
- Ans.
Insurance is a financial protection mechanism where individuals or organizations pay premiums to an insurance company in exchange for coverage against potential losses or damages.
Insurance is a contract between the insured (policyholder) and the insurer (insurance company).
The insured pays a premium to the insurer in exchange for coverage against specified risks.
Insurance helps individuals and organizations mitigate fi...
- Q3. Why health insurance ?
(2 Questions)
- Q1. Can you provide a self-introduction?
- Ans.
I am a highly motivated and results-driven individual with a strong background in sales and team management.
I have over 5 years of experience in sales and business development.
I have successfully led a team of sales professionals to exceed targets by 20% in the last quarter.
I am skilled in building and maintaining strong relationships with clients and stakeholders.
I am passionate about coaching and mentoring team membe...
- Q2. What is the importance of health insurance?
Associate Agency Development Manager Interview Questions asked at other Companies
Abhishek
Selected
(2 Questions)
- Q1. Business development regarding
- Q2. Sales and agent requirement
Interview Preparation Tips
Unit Sales Manager Interview Questions asked at other Companies
Selected
I applied via Walk-in and was interviewed in Sep 2024. There was 1 interview round.
A group discussion is a structured conversation among a group of individuals aimed at exchanging ideas, opinions, or information on a specific topic. Participants share their perspectives, engage in debate, and seek to reach a consensus or deeper understanding. This format is often used in educational settings, workplaces, or workshops to encourage collaboration and critical thinking.
Interview Preparation Tips
1. **Tailor Your Resume**: Customize your resume for each application, highlighting relevant experience and skills that align with the job description.
2. **Network Actively**: Leverage professional networks like LinkedIn. Attend industry events and reach out to contacts for potential opportunities.
3. **Research Companies**: Understand the company’s culture, values, and recent news. This knowledge can help you tailor your application and prepare for interviews.
4. **Prepare for Interviews**: Practice common interview questions and develop concise, compelling stories that showcase your skills and accomplishments.
5. **Follow Up**: After interviews, send a thank-you email to express your appreciation and reiterate your interest in the position.
6. **Stay Positive and Persistent**: Job searching can be challenging. Stay motivated, and don’t get discouraged by rejections.
7. **Enhance Your Skills**: Consider online courses or certifications to improve your qualifications and make you more attractive to employers.
8. **Utilize Job Boards**: Explore various job boards and websites to find openings in your field, and set up alerts for new postings.
9. **Be Open to Opportunities**: Consider freelance, part-time, or temporary positions that can lead to full-time opportunities.
10. **Maintain Professionalism Online**: Ensure your social media profiles reflect a professional image, as employers often check candidates’ online presence.
By following these tips, job seekers can improve their chances of landing the right position.
Computer Operator Interview Questions asked at other Companies
Selected
I appeared for an interview before Jun 2024, where I was asked the following questions.
- Q1. What motivates you to achieve success in your career?
- Ans.
My motivation stems from a desire to make a meaningful impact, foster relationships, and achieve personal and professional growth.
Building strong client relationships drives me; for example, I once helped a client navigate a complex financial situation, leading to their satisfaction and loyalty.
I thrive on challenges; when faced with a tough target, I strategize and work diligently to exceed expectations, as I did in m...
- Q2. What is your reason for leaving your current company?
- Ans.
I am seeking new challenges and opportunities for growth that align with my career aspirations and professional development.
Desire for career advancement: I feel that I have reached a plateau in my current role and am eager to take on more responsibilities.
Seeking a better cultural fit: I am looking for a company whose values and work environment align more closely with my own.
Interest in expanding my skill set: I want...
Relationship Manager Interview Questions asked at other Companies
(2 Questions)
- Q1. About past experiences
- Q2. Knowledge about industry
(2 Questions)
- Q1. Knowledge about industry
- Q2. Past experience
Interview Preparation Tips
Unit Sales Manager Interview Questions asked at other Companies
Sudhanshu Patel
(5 Questions)
- Q1. Sales marketing
- Q2. Insurance agent knowledge
- Q3. Agent peaching hard
- Q4. Working hard work agent riqrment
- Q5. Policy tenure customer
Interview Preparation Tips
Sales Development Manager Interview Questions asked at other Companies
Top trending discussions
ICICI Lombard General Insurance Company Interview FAQs
The duration of ICICI Lombard General Insurance Company interview process can vary, but typically it takes about less than 2 weeks to complete.
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ICICI Lombard General Insurance Company Interviews By Designations
- ICICI Lombard General Insurance Company Unit Sales Manager Interview Questions
- ICICI Lombard General Insurance Company Senior Manager Interview Questions
- ICICI Lombard General Insurance Company Relationship Manager Interview Questions
- ICICI Lombard General Insurance Company Senior Relationship Manager Interview Questions
- ICICI Lombard General Insurance Company Sales Executive Interview Questions
- ICICI Lombard General Insurance Company Customer Relationship Manager Interview Questions
- ICICI Lombard General Insurance Company Sales Manager Interview Questions
- ICICI Lombard General Insurance Company Customer Service Manager Interview Questions
- Show more
Interview Questions for Popular Designations
- Unit Sales Manager Interview Questions
- Senior Manager Interview Questions
- Relationship Manager Interview Questions
- Senior Relationship Manager Interview Questions
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- Show more
Overall Interview Experience Rating
based on 348 interview experiences
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ICICI Lombard General Insurance Company Reviews and Ratings
based on 4.9k reviews
Rating in categories
|
Unit Sales Manager
2.8k
salaries
|  ₹2.4 L/yr - ₹8.5 L/yr |
|
Senior Manager
1.6k
salaries
| ₹4.2 L/yr - ₹13.3 L/yr |
|
Chief Manager
573
salaries
| ₹9.5 L/yr - ₹24 L/yr |
|
Sales Manager
537
salaries
| ₹2.8 L/yr - ₹11 L/yr |
|
Customer Service Manager
515
salaries
| ₹1.8 L/yr - ₹9.5 L/yr |
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