Insurance Interview Preparation Guide
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Insurance Interview Questions and Answers will guide us now that Insurance in law and economics, is a form of risk management primarily used to hedge against the risk of a contingent loss. Insurance is defined as the equitable transfer of the risk of a loss, from one entity to another, in exchange for a premium, so learn more about Insurance with the help of this Insurance Interview Questions with Answers guide

7 Insurance Questions and Answers:

1 :: Why did you join the insurance sector?

► The best way to answer these questions is to be as aware of your industry as possible. Talking about facts and figures like the size of the industry, how it is growing and annual growth rate is a good way of explaining your motivation for joining any sector. However, make sure that you have done your homework well and know the exact figures.

► Then tell your interviewers about your personality traits. You love meeting new people and helping people in need. What better way to utilize your talents than to become an insurance salesperson? Think about the personality traits that make you apt for the job that you want, and make them a reason for wanting to work in the insurance industry.
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2 :: What are your strengths and weaknesses?

Tell your interviewers about your positive attributes related to the job. That you are punctual, ambitious (means you can meet targets), a good team player, have good conversation skills etcetra. As far as your weaknesses are concerned, try to keep them work related. In fact, it is a good idea to point out a couple of weaknesses that the interviewer might see as strengths, saying something like, “I am a perfectionist” or “I don’t rest till I have completed a job I started”, are good weaknesses.
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3 :: You will be working as part of a team? How good are you working in a team?

Being a team player is getting more and more important in today’s specialized world. It is imperative that you convince your interviewers that you are and have been a good team player throughout your career. If you take part in any kind of team sports, take this opportunity to tell your interviewers about it. The same should be done if you are part of a theater group or any other team for that matter.
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4 :: What is general insurance? name 5 types of general
insurance?

► LIVE STOCK INSURANCE
► OVERSEAS INSURANCE
► GLASS INSURANCE
► FIDELITY INSURANCE
► KEY MAN INSURANCE
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5 :: Where do you see yourself five, ten or fifteen years from now?

This is your interviewer’s way of knowing about two things. Firstly, he or she wants to know how dedicated you are towards your career; and also how realistic. There is a huge difference between being ambitious and over ambitious, so keep your answers practical and attainable, but they should in no way project you as a hare. Secondly, your interviewer wants to know how the company will benefit from you achieving your goals than what you’ll get from it, but it is one and the same thing, to a large extent. It is a bad idea to tell your potential employer that you plan to go for his or her job, but it is okay to mention that you’d like to earn a senior or management position.
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