Medi Assist India Assistant Manager Interview Questions and Answers

Quesions related to basic maths, G.K., resoning.
Write about Shriram General Insurance.

Q1. Tell me about your self ? About your previous job ?
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Q1. Accounting Entries, what is TP Policy, What Is OD policy etc.
Ans. 
TP policy refers to third-party policy and OD policy refers to own damage policy in insurance.
• TP policy covers the damages caused to a third-party in an accident, while OD policy covers the damages to the insured vehicle.

• In accounting, entries related to TP policy and OD policy would involve recording the premiums received and claims paid out.

• TP policy and OD policy are commonly used terms in the insurance industry.

• TP ...read more
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Q1. HR were asked about my previous experience.
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Q2. How much year of experience? Please brief yourself about your career and responsibilities in current organization? Do you have knowledge about IFRS and US-Gaap?
Ans. 
I have over 5 years of experience in finance, specializing in IFRS and US-GAAP compliance and reporting.
• Currently working as a Senior Financial Analyst, managing financial reporting and compliance.

• Responsible for preparing monthly financial statements in accordance with IFRS standards.

• Led a project to transition from local GAAP to US-GAAP, improving reporting accuracy by 20%.

• Conducted training sessions for team members...read more
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Q1. Questions about Hedge Accounting like concepts, journal entries, IFRS related to Hedge, etc
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Q1. Questions about Cash Flow operations
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Q1. Salary discussion and employee benefits
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Q1. Detailed FPNA questions
Ans. Forecasting and budgeting
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Q1. Introduction, past experience and accounting skill, people management
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Q2. Why i want to leave my organisation?
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Q3. What is salary expectation
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Q4. What if not offer as per expectation
Ans. 
I would negotiate and try to find a middle ground that is acceptable for both parties.
• I would express my gratitude for the offer and the opportunity to interview.

• I would mention my expectations and try to understand the reasoning behind the offer.

• I would negotiate and present my case for a higher salary or additional benefits.

• I would be open to compromise and find a middle ground that is acceptable for both parties.

• I w...read more
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Q5. What is your notice period? Is there any buyout policy?
Ans. 
My notice period is [insert notice period] and there is no buyout policy.
• My notice period is [insert notice period]

• There is no buyout policy
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Q1. Type of controls worked upon. How to manage multiple assignments across different countries and time zones. Different stages of control testing i.e. population validation, documents required
Ans. 
Controls worked on include population validation and document verification. Managing multiple assignments across different countries and time zones requires effective communication and time management skills.
• Implementing population validation to ensure accuracy and completeness of data

• Verifying required documents to ensure compliance with regulations

• Utilizing effective communication tools and strategies to coordinate a...read more
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Q1. Same as round 1
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System test they have given to write code for 15 Questions.