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Capital One
Er werd een Senior Business Manager gevraagd...1 juli 2011

Credit card insurance case: calculate break-even claim rate where response rate = 2%, fee charged = 1% of monthly balance, and average balance = $1,000 per month.

8 antwoorden

Don't think there's enough info here to solve. Response rate is 2%, but you need to know how much the marketing costs to be able to determine the breakeven. Minder

I think the break even claim rate for this insurance scheme would be 1%. (Keeping all other non-mentioned costs aside) Let's assume 100 customers are contacted: 2% response rate = 2 people buy insurance. Revenue: 2 * (1% of 1000) = $20 At break even, cost would also be $20. Let the claim rate be x% (Note: this will be a percentage of the people who have bought the insurance, i.e. x% of 2% of 100) Insurance pay-out = $1000 per claim Cost: 1000 * x% of 2 = 1000 * x/100 * 2 = 20x Now, revenue = cost at break even, hence: $20 = 20x x = 1 So the B/E claim rate would be 1%. Minder

I am assuming that the marketing cost is $0.5 per mail. So, if 10000 people are sent mail, 2% respond i.e. 200 people revenue - fee charged * balance * no of people * 12(for a year) i.e. 1% * 1000 * 200 * 12 = 24000 cost- 0.5*10000 = 5000 for mailers lets say claim rate is c% so, c% * 1000 * 200 i.e. 2000c (claims are assumed yearly so no need to multiply by 12) so total cost = 5000 + 2000c in case of break even, revenue will be equal to cost. there for 5000 + 2000c = 24000 i.e. c = 9.5 or break even claim rate = 9.5% Minder

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Miracle Software Systems

1. Do you have experience selling software? 2. Are you comfortable with travel? 3. How do you feel about training others and/or are you willing to train others? 4. Why are you leaving your current place of work? 5. Without given a contact name or contact number for a company what are your procedures to obtain the information of a decision maker?

5 antwoorden

To be honestly i don't have an experience on selling software but i can do it as u are expecting on me Minder

Yes I'm comfortable on traveling and i love it

Training to others is a good thing i feel proud about on it

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Yammer

As memebers of the analytics team, we responsible for supporting all of Yammers other teams including Product dev & Eng, marketing, sales, Customer engagement and Exec team. Pick one of these teams and explain the problems it has and some ways you might go about solving them using data.

4 antwoorden

Thank you for posting the actual questions from the math quiz and interview. Most others simply mention that there was a quiz. Minder

Your answers are wrong to the questions.

The answer to the casino question is 1/7=0.14 using Bayes Theorem.

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skinnsi

Why do you want to get in health care industry

4 antwoorden

To grow more and improve my self with new things to succeed my goal

My interest is in skin hair from my first job

Iam interested in this feel

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Choithrams

Why you changed your jobs quickly.

6 antwoorden

Because i feel like I'm ready to take on more responsibility. I believe I've progressed as far as I can in my current role. I need a change of environment to motivate me. I want to develop a new skill that isn't required in my current job. Minder

Because i feel like I'm ready to take on more responsibility. I believe I've progressed as far as I can in my current role. I need a change of environment to motivate me. I want to develop a new skill that isn't required in my current job. Minder

Worked as Contract basis (6 months)

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Delta Balustrades

Who are you?

4 antwoorden

Personal traits and qualities

And you are also a brethren company who are well known for their discriminatory values and opinions who also pay different rates to brethren/non-brethren staff performing the same role Minder

Please state the nationalities of employees/ experience/ qualification and to what capacity they operate at within delta?? Minder

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Square Yards

Can you work more than 10 hours every day ?

4 antwoorden

Yes

I have already worked there and it's slavery job go and exp it

Yess

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Intuit

If you had to do your taxes in 24 hours, how would you do them.

4 antwoorden

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DSV Air & Sea

can you speak English?

3 antwoorden

yes, my dreams are in English Language.

Yes, I can.

Yes sure I can

Deliveroo

why was i suited to the role?

3 antwoorden

Also had a bad experience in the same way, still haven't had any word back and I interviewed and emailed for follow up back in October. Minder

I assure you sir,I will do my level best & more for the Company's Success,Progress, & Reputation with my hard work.I had some experience in similar & variety management jobs sir. Minder

my experience in my current role coupled with my driven personality

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