Interview Questions at a US based consultancy firm working in India

[Arpit SuranaParticipant]

The questions were-

Tell me about yourself

Brief me through your CV

What are your strengths

What are your weakness

Tell me one more weakness

Difference between assurance and insurance with an example?

Difference between annuity and life annuity (A: life annuity is for infinite years and contains mortality also while annuity does not)

What is Cash flow testing(profit testing)

What are reserves?

Are reserves part of liability?

Are u sure? (Just to confuse)

Do u know excel?

What is vlookup?

Limitations of vlookup?

Any other limitations?

Does vlookup require data to be in ascending or descending manner?

What are the other data analysis functions in excel?

Do u know any programming language like R or C? (A:No)

Some questions were asked based on candidates CV

Hope it helps

[mehtarashi09Participant]

arpit wrote:

The questions were-

Tell me about yourself

Brief me through your CV

What are your strengths

What are your weakness

Tell me one more weakness

Difference between assurance and insurance with an example?

Difference between annuity and life annuity (A: life annuity is for infinite years and contains mortality also while annuity does not)

What is Cash flow testing(profit testing)

What are reserves?

Are reserves part of liability?

Are u sure? (Just to confuse)

Do u know excel?

What is vlookup?

Limitations of vlookup?

Any other limitations?

Does vlookup require data to be in ascending or descending manner?

What are the other data analysis functions in excel?

Do u know any programming language like R or C? (A:No)

Some questions were asked based on candidates CV

Hope it helps

Life annuity contains mortality and annuity does not! I did not get this point , can u pls explain

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[Arpit SuranaParticipant]

mehtarashi09 wrote:

arpit wrote:

The questions were-

Tell me about yourself

Brief me through your CV

What are your strengths

What are your weakness

Tell me one more weakness

Difference between assurance and insurance with an example?

Difference between annuity and life annuity (A: life annuity is for infinite years and contains mortality also while annuity does not)

What is Cash flow testing(profit testing)

What are reserves?

Are reserves part of liability?

Are u sure? (Just to confuse)

Do u know excel?

What is vlookup?

Limitations of vlookup?

Any other limitations?

Does vlookup require data to be in ascending or descending manner?

What are the other data analysis functions in excel?

Do u know any programming language like R or C? (A:No)

Some questions were asked based on candidates CV

Hope it helps

Life annuity contains mortality and annuity does not! I did not get this point , can u pls explain

Sent from my Moto G (5) Plus using Tapatalk

Life annuity which contains mortality… Which u have studied in CT5.

While mortality is what u have studied in CT1. See the image.

Hope it clears [attachment=0]1558544589055.jpeg[/attachment]

[sahil12345Participant]

arpit wrote:

The questions were-

Tell me about yourself

Brief me through your CV

What are your strengths

What are your weakness

Tell me one more weakness

Difference between assurance and insurance with an example?

Difference between annuity and life annuity (A: life annuity is for infinite years and contains mortality also while annuity does not)

What is Cash flow testing(profit testing)

What are reserves?

Are reserves part of liability?

Are u sure? (Just to confuse)

Do u know excel?

What is vlookup?

Limitations of vlookup?

Any other limitations?

Does vlookup require data to be in ascending or descending manner?

What are the other data analysis functions in excel?

Do u know any programming language like R or C? (A:No)

Some questions were asked based on candidates CV

Hope it helps

1 rupee is paid every year for an annuity of term 10 years . Assuming whatever interest you want to what will be the maximum and minimum present value of the annuity?

[Arpit SuranaParticipant]

It depends on the interest, it all depends on the interest.

Higher interest, lower npv

Lower interest, higher npv

[tushar talrejaParticipant]

In other way you can say that annuity is certain but life annuity depends on mortality rate

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[Arpit SuranaParticipant]

Tushar Talreja wrote:

In other way you can say that annuity is certain but life annuity depends on mortality rate

Sent from my Redmi Note 5 Pro using Actuarial Info mobile app

Yup you can say that too.

[Author]

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