Insurance accountant Interview Questions

Insurance accountant interview questions are prepared to screen the candidates, who are interested in serving on the offered designation in a particular organization. After evaluating the educational skills, working experience and proficiency, the selection committee finalizes the deserving candidates for the available vacancy.

Sample Insurance accountant Interview Questions:

• Tell us something about your previous job experience.  Discuss the weakness of your candidature?
• What do you understand from a term insurance accountant? Mention the primary job duties of this job designation?
• How do you rate your knowledge of handling and conducting insurance accounts procedures?   Define insurance in one line?
• Explain general insurance? Name the five available general insurances?
• State the formula for calculating gratuity? Explain the key factors of measuring gratuity?
• State the difference between an insurance policy, fund pension and a health plan. How do you compile the data of these categories into a sub ledger?
• Explain the technique used to process the journal entries in insurance accounts?
• What is the new slab introduced to calculate the taxes on billings? Explain us the flow of taxes in a general ledger?
• According to you, what is the key difference between expanses and expenditure? How are these entities calculated in the payroll and billing system separately?
• Explain the procedure of updating the database with the latest insurance accounting comments? What is the benefit of this?
• Discuss the cash collateral procedures and charts of accounts? Explain the format for ageing reporting, MDA & LTA.
• How do you prepare GIRP reporting and applications? Discuss the procedure of supervising insurance related terms such as a fixed deposit, fund transactions and payment debits?

Category: Accounting Interview Questions