Riskcovry
Riskcovry interview process: application, online assessment, technical or domain interviews and HR round for insurtech careers in India.
- 5 open jobs
- 2018 founded
- Mumbai headquarters
About Riskcovry
Riskcovry is an Indian insurtech company, founded in 2018 and headquartered in Mumbai, that builds the technology infrastructure banks, NBFCs, fintechs and other businesses use to distribute insurance to their own customers. Rather than selling policies directly to consumers, Riskcovry positions itself as embedded insurance infrastructure that sits behind the brands people already use.
Its platform covers product configuration, policy issuance, servicing and claims support across motor, health, life and general insurance lines, connecting client businesses to multiple insurers through a single integration. This lets partners launch insurance offerings quickly without building the underlying technology themselves.
Riskcovry hires largely for engineering, product, integrations, business development and operations roles, taking in both freshers and experienced professionals. It typically looks for people comfortable with API-driven, B2B technology work, strong problem-solving ability, and an interest in how insurance and financial infrastructure fit together.
Riskcovry hiring process
1. Application
Apply through the Riskcovry careers page, a job portal or a referral. Openings mostly span engineering, product, integrations, business development and operations, and are sourced through both direct applications and recruiter outreach.
2. Resume screening
Recruiters shortlist based on relevant experience, such as backend or API development for engineering roles, or partner-management and B2B sales skills for business roles, checking for exposure to fintech or insurance where possible.
3. Online assessment
Engineering candidates typically take a coding test on data structures, algorithms and API design, while business and operations candidates may get a case-style or aptitude test instead that checks structured problem-solving.
4. Technical or domain interview
One or two rounds with engineers or domain leads cover system design, integration architecture, or insurance-distribution concepts depending on the role, often through a discussion of how you would solve a real integration challenge.
5. Hiring manager round
A discussion on past projects, ownership, and how you would work with client banks, NBFCs and fintechs that rely on Riskcovry's platform, along with your comfort operating in a B2B, API-first business.
6. HR discussion and offer
HR confirms compensation, role and joining date, and answers questions on benefits and team structure. Offers typically follow within one to two weeks, with document checks completed before joining.
Riskcovry interview rounds
Riskcovry's rounds mix an assessment with a small number of focused interviews, typical of a B2B insurtech that must hire for both deep technical skill and an understanding of insurance distribution.
Round 1: Online assessment
Held remotely, this covers coding and API-design questions for engineering roles, or aptitude and reasoning for business and operations roles, before any interviewer time is spent.
- Data structures and algorithm basics
- REST API design and SQL queries
- Reasoning questions on insurance-distribution scenarios
Round 2: Technical or domain interview
An engineer or domain expert digs into system design, integration patterns or insurance-product configuration depending on the role, often through a scenario based on onboarding a new partner bank.
- Designing an API for policy issuance
- Handling failures in a multi-insurer integration
- Basics of motor, health or life insurance products
Round 3: Hiring manager round
This round explores your resume, ownership on past work, and comfort with a B2B environment where client banks and fintechs depend on Riskcovry's infrastructure being reliable.
- Describe a system you built or improved end-to-end
- How you would manage a demanding client integration
Round 4: HR and final round
A closing conversation on compensation, team fit and joining timeline, along with an overview of benefits and how Riskcovry supports learning and growth.
- Why Riskcovry and why embedded insurance
- Comfort with a fast-changing, partner-driven business
Riskcovry salaries
| Designation | Average salary |
|---|---|
Branch / Area Manager Experience: 6 - 10 years yrs |
₹ 13.6 Lakhs /year Typical range â‚ą9.6 L – â‚ą17.6 L/yr |
Credit / Risk Analyst Experience: 2 - 5 years yrs |
₹ 8.4 Lakhs /year Typical range â‚ą5.6 L – â‚ą11.2 L/yr |
Assistant Manager Experience: 2 - 5 years yrs |
₹ 6.8 Lakhs /year Typical range â‚ą4.8 L – â‚ą8.8 L/yr |
Relationship Manager Experience: 1 - 4 years yrs |
₹ 4.8 Lakhs /year Typical range â‚ą3.2 L – â‚ą6.4 L/yr |
Figures are estimates based on typical market ranges for this role and sector, not company-published pay. Actual offers vary by location, skills and negotiation.
Riskcovry interview questions
Question banks most relevant to roles at Riskcovry, with model answers.
Riskcovry interview FAQs
Q1How many rounds are there in the Riskcovry interview process?
Most candidates go through three to four stages: an online assessment, one or two technical or domain interviews, a hiring manager round, and a final HR discussion. Senior roles may include an extra round with a business leader.
Q2How long does the Riskcovry hiring process take?
The process typically takes one to three weeks from application to offer, since Riskcovry hires at startup speed for most roles. Background verification and documentation usually add another one to two weeks before joining.
Q3Why do you want to work at Riskcovry?
Talk about Riskcovry's role as embedded insurance infrastructure powering banks, NBFCs and fintechs, its API-first approach, and your interest in the specific function you are applying for, linking it to concrete skills rather than a generic interest in startups.
Q4How would you design a system that lets a partner bank issue insurance policies through multiple insurers?
Describe a layered API that separates product configuration, quote generation, policy issuance and servicing, with adapters for each insurer so partners get a single consistent interface. Mention error handling, retries and audit logging, since reliability matters when real customers are buying insurance through the flow.
Q5Describe a time you worked with cross-functional stakeholders to deliver a project.
Choose an example involving product, engineering and a business or client team, explain how you aligned priorities and communicated trade-offs, and what the outcome was. Riskcovry values people who can coordinate across functions, since its platform sits between insurers and client businesses.
Q6What is the fresher salary and eligibility for roles at Riskcovry?
Entry-level engineering, product and operations roles typically offer compensation in line with B2B insurtech norms, varying by function and location. Eligibility usually needs a relevant graduate degree, with strong analytical and communication skills valued over prior insurance experience.
Quick facts about Riskcovry
- How do I apply for a job at Riskcovry?
- Open roles are listed on the company's own careers page: https://www.riskcovry.com/careers/.
- Is Riskcovry a public or private company?
- Ownership: Private (venture-funded).
- Who founded Riskcovry?
- Riskcovry was founded by Suvendu Prusty, Sorabh Bhandari, Chiranth Patil, Vidya Sridharan.
- Who is the CEO of Riskcovry?
- As recorded on this profile, Sorabh Bhandari leads Riskcovry. Leadership can change - check the company's own site for the current position holder.
5 open jobs at Riskcovry
Apply on Jobaaj, and use this guide to prepare before your first round.
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