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MPOWER Financing Underwriting Analyst Interview Questions and Answers

Updated 9 Sep 2020

MPOWER Financing Underwriting Analyst Interview Experiences

1 interview found

Interview Questionnaire 

1 Question

  • Q1. Better underwriting approach - stated or verified income?
  • Ans. 

    Verified income is a better underwriting approach than stated income.

    • Verified income provides more accurate information about the borrower's financial situation.

    • Stated income can be easily manipulated or exaggerated by the borrower.

    • Verified income reduces the risk of default and improves the lender's profitability.

    • However, verifying income can be time-consuming and costly for the lender.

    • The underwriting approach should...

  • Answered by AI

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I applied via Referral and was interviewed before May 2020. There was 1 interview round.

Interview Questionnaire 

1 Question

  • Q1. How can you understand the supply of restaurant in a particular area of a city ?
  • Ans. 

    To understand the supply of restaurants in a particular area of a city, we can use various methods.

    • Collect data from online directories like Yelp, Zomato, etc.

    • Conduct surveys to gather information about the number of restaurants in the area.

    • Analyze the population density and demographics of the area to estimate the demand for restaurants.

    • Check the number of restaurant permits issued by the local government.

    • Use GIS mapp...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Understand any city's demographics for instance. Take most busy road and assume that 70% supply will be on food -tech (MArket Standard). Open Sw / Zo and see the supply available in that area in peak time. There can be more than one way to solve for these question

Underwriting Analyst Interview Questions Asked at Other Companies

Q1. Which underwriting approach is better: stated or verified income?
Q2. What is the concept of risk management?
asked in Xceedance
Q3. What do you know about underwriting?
Q4. What is Insurance?

I applied via LinkedIn and was interviewed before May 2020. There was 1 interview round.

Interview Questionnaire 

1 Question

  • Q1. Questions were from SQL, Python, Statistics & Business Case Studies/Metrics in the form of 4-5 rounds.

Interview Preparation Tips

Interview preparation tips for other job seekers - So Key Takeaway is You have to be good with your Technical Knowledge (SQL Expert, Python, Overall Stats Knowledge) and That is not really enough. What differs a Business Analyst from other Developers/Statisticians etc. is Business acumen, Problem Solving Skills etc. To have a Business Knowledge and Understanding such that you find the problems/solutions/ Metrics and then solve them using the Technology.

I applied via LinkedIn and was interviewed in Apr 2020. There were 4 interview rounds.

Interview Questionnaire 

2 Questions

  • Q1. How can you reduce the delivery time of the order?
  • Ans. 

    Reducing delivery time can be achieved by optimizing the supply chain, improving communication, and automating processes.

    • Analyze the supply chain and identify bottlenecks

    • Implement automation tools to streamline processes

    • Improve communication between departments and with customers

    • Use data analytics to forecast demand and plan accordingly

    • Consider outsourcing or partnering with third-party logistics providers

    • Invest in tec...

  • Answered by AI
  • Q2. Questions based on Case Studies

Interview Preparation Tips

Interview preparation tips for other job seekers - The process consisted of two rounds. First was the business analysis kind of round which included the questions like how can you reduce the delivery time of the order? The second round was technical round where the person asked the questions on SQL and Excel

I appeared for an interview in Nov 2020.

Interview Questionnaire 

1 Question

  • Q1. Mainly about sql, previous job role

I applied via IIM Jobs and was interviewed in Nov 2020. There were 3 interview rounds.

Interview Questionnaire 

7 Questions

  • Q1. Advance SQL Questions.
  • Q2. Multiple Approaches in the SQL questions were seen. Some unconventional SQL Syntax was also asked.
  • Q3. Metrics Driven Case studies.
  • Q4. More number of solutions were seen instead of in depth implementation of 1 solution. Good Communication skills is judged.
  • Q5. Tell me something about yourself.
  • Q6. Why quit last job.
  • Ans. 

    Seeking better growth opportunities and work-life balance.

    • Limited growth prospects in previous role

    • Lack of work-life balance

    • Desire for new challenges and learning opportunities

    • Company culture misalignment

    • Relocation or commute issues

    • Better compensation or benefits elsewhere

  • Answered by AI
  • Q7. Why Meesho.
  • Ans. 

    Meesho is a leading e-commerce platform that empowers individuals to start their own online businesses.

    • Meesho provides a user-friendly platform for individuals to sell products online without any investment.

    • It offers a wide range of products from various categories, allowing sellers to cater to different customer preferences.

    • Meesho provides extensive training and support to its sellers, helping them succeed in their on...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Be calm, It's very similar to any other business analyst interview in industry.
Be interview-ready. Browse the most asked HR questions.
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Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Not Selected

I applied via LinkedIn and was interviewed in Aug 2024. There were 2 interview rounds.

Round 1 - Coding Test 

Technical + Analytics
I gave my coding test this august 2024, it was purely based on SQL coding
8 question, 3 easy, 3 intermediate and 3 hard.

Round 2 - One-on-one 

(2 Questions)

  • Q1. Introduction and explain any one of the projects plus what was the analytics you used
  • Ans. 

    Implemented a project to optimize marketing campaigns using predictive analytics

    • Developed a predictive model to identify the most effective marketing channels

    • Utilized data from past campaigns to train the model

    • Used techniques such as regression analysis and decision trees to analyze the data

    • Generated insights on customer behavior and preferences to improve campaign targeting

  • Answered by AI
  • Q2. SQL coding, shared screen and was asked to find cumulative sum of cost for a table.
  • Ans. 

    Calculate cumulative sum of cost using SQL with window functions for a given table.

    • Use the SUM() function with OVER() clause for cumulative sum.

    • Example: SELECT cost, SUM(cost) OVER (ORDER BY date) AS cumulative_cost FROM expenses;

    • Ensure proper ordering to get accurate cumulative results.

    • You can partition data if needed using PARTITION BY clause.

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Be very very well prepared with SQL and you should be aware of advanced sql, not only concepts but solving questions
Are these interview questions helpful?
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Not Selected

I applied via Naukri.com and was interviewed in Feb 2024. There were 2 interview rounds.

Round 1 - Coding Test 

Mostly sql question asked, moderate level

Round 2 - One-on-one 

(2 Questions)

  • Q1. Sql join and sub query
  • Q2. Window functions
Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Coding Test 

SQL test coding assessment which I am yet to give

I applied via Company Website and was interviewed in Aug 2022. There were 2 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
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Round 2 - Technical 

(2 Questions)

  • Q1. Ques.1 How many delivery boy have called customers more than 5 times?
  • Ans. 

    The number of delivery boys who called customers more than 5 times is not provided.

    • Data on the number of delivery boys who called customers more than 5 times is missing.

    • Need to gather data on the number of delivery boys and their call logs.

    • Analysis can be done once the data is available.

  • Answered by AI
  • Q2. Question 2. Count distinct uniques names from the table
  • Ans. 

    To count distinct unique names from a table, use the SELECT DISTINCT statement with the name column.

    • Use SELECT DISTINCT to retrieve unique names

    • Specify the name column in the SELECT statement

    • Example: SELECT DISTINCT name FROM table_name

    • Store the result in an array of strings

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Prepared well for SQL. Try to use hacker rank for the preparation.

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MPOWER Financing Underwriting Analyst Salary
based on 17 salaries
₹6.6 L/yr - ₹12 L/yr
61% more than the average Underwriting Analyst Salary in India
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