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Allianz malaysia Interview Questions and Answers
Ques:- What is classification analysis and how does it work
Right Answer:
Classification analysis is a data analysis technique used to categorize data into predefined classes or groups. It works by using algorithms to learn from a training dataset, where the outcomes are known, and then applying this learned model to classify new, unseen data based on its features. Common algorithms include decision trees, logistic regression, and support vector machines.
Ques:- What are some common data visualization techniques
Right Answer:
Some common data visualization techniques include:

1. Bar Charts
2. Line Graphs
3. Pie Charts
4. Scatter Plots
5. Histograms
6. Heat Maps
7. Box Plots
8. Area Charts
9. Tree Maps
10. Bubble Charts
Ques:- What is regression analysis and when is it used
Right Answer:
Regression analysis is a statistical method used to examine the relationship between one dependent variable and one or more independent variables. It is used to predict outcomes, identify trends, and understand the strength of relationships in data.
Ques:- What are some common data analysis tools and software
Right Answer:
Some common data analysis tools and software include:

1. Microsoft Excel
2. R
3. Python (with libraries like Pandas and NumPy)
4. SQL
5. Tableau
6. Power BI
7. SAS
8. SPSS
9. Google Analytics
10. Apache Spark
Ques:- What is the purpose of feature engineering in data analysis
Right Answer:
The purpose of feature engineering in data analysis is to create, modify, or select variables (features) that improve the performance of machine learning models by making the data more relevant and informative for the analysis.
Ques:- How to depict dependency in Ms Project?
Right Answer:
To depict dependency in MS Project, you can link tasks by selecting the tasks you want to connect, then clicking on the "Link Tasks" button in the toolbar or using the shortcut Ctrl + F2. This creates a finish-to-start dependency by default. You can also adjust the type of dependency (finish-to-start, start-to-start, finish-to-finish, or start-to-finish) by double-clicking on the task and modifying the "Predecessors" tab.
Ques:- Explain in brief about the Documentation – CFD, DFD, Functional Documentation.
Right Answer:
**CFD (Context Flow Diagram)**: A high-level diagram that shows the flow of information between external entities and the system, helping to define system boundaries and interactions.

**DFD (Data Flow Diagram)**: A visual representation that illustrates how data moves through a system, detailing processes, data stores, and data flows, typically used to analyze and design systems.

**Functional Documentation**: A comprehensive document that outlines the functionalities of a system, including requirements, use cases, and specifications, serving as a guide for development and testing.
Ques:- In order to attract deposits, banks offer various types of products with distinguishing features. As a student of banking law do you observe any challenge/threat from money laundering for banks in this struggle? Discuss
Right Answer:
Yes, banks face significant challenges from money laundering when attracting deposits. Money laundering can lead to reputational damage, regulatory penalties, and financial losses. Banks must implement strict compliance measures and due diligence processes to detect and prevent illicit activities, which can complicate their efforts to attract legitimate deposits.
Ques:- Given Data for doing different formats like pivot, and matching the data for another data
Right Answer:
To analyze data for different formats like pivot tables and matching datasets, you should:

1. **Identify Key Variables**: Determine the key fields that will be used for matching and pivoting.
2. **Clean the Data**: Ensure that the data is free from duplicates, errors, and inconsistencies.
3. **Use Pivot Tables**: Create pivot tables to summarize and analyze the data by aggregating values based on categories.
4. **Match Data**: Use functions like VLOOKUP or JOIN operations in SQL to match data from different sources based on the identified key variables.
5. **Validate Results**: Check the accuracy of the matched data and the pivot table outputs to ensure they meet business requirements.
Ques:- Why have you applied to our firm?
Right Answer:
I applied to your firm because I admire your commitment to innovation in accounting practices and your strong reputation for professional development. I believe my skills and values align well with your firm's goals, and I am excited about the opportunity to contribute to your team.
Ques:- Why is the development of credit policies critical to the organization?
Right Answer:
The development of credit policies is critical to the organization because it helps manage credit risk, ensures consistent decision-making, protects cash flow, and supports financial stability by setting clear guidelines for extending credit to customers.
Ques:- Previous experience in organsisation
Right Answer:
In my previous role as an accounts executive at XYZ Company, I managed accounts payable and receivable, prepared financial statements, and assisted with budget forecasting. I also ensured compliance with accounting standards and collaborated with the finance team to streamline processes.
Ques:- HOME LOAN SALES
Right Answer:
To effectively sell home loans, focus on understanding the client's needs, providing clear information about loan options, explaining the benefits and terms, and building trust through excellent customer service.
Ques:- Knowledge about the customer in terms of the product profile
Right Answer:
Understanding the customer involves knowing their needs, preferences, and how our products can meet those needs. This includes being aware of their medical history, current treatments, and any specific challenges they face, allowing us to tailor our approach and provide relevant information about our product profile.
Ques:- Where u follow the clients
Right Answer:
I follow clients through regular communication via email, phone calls, and meetings, as well as by using project management tools and CRM systems to track their needs and feedback.
Ques:- Describe a situation in which you led a team?
Right Answer:
In my previous role, I led a team of five in a project to streamline our inventory management process. We identified inefficiencies, developed a new tracking system, and implemented it over three months. I coordinated tasks, facilitated meetings, and ensured everyone was aligned with our goals. As a result, we reduced inventory discrepancies by 30% and improved order fulfillment times.
Ques:- How you deals with Client, Negosiation, Closing etc
Right Answer:
To deal with clients effectively, I focus on active listening to understand their needs, maintain clear and open communication, and build rapport. During negotiations, I aim for a win-win outcome by being flexible and finding common ground. For closing, I summarize the benefits, address any final concerns, and confidently ask for the commitment, ensuring the client feels valued and supported throughout the process.
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