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Aetna Mock Interview

Question 33 of 35 for our Aetna Mock Interview

Aetna was updated by on July 6th, 2022. Learn more here.

Question 33 of 35

At Aetna, we have many health insurance competitors that we need to have a pulse on. In your current role, how do you stay up to date with competitors?

"I set up Google alerts for all the major competitors so I can follow them. I read in an obscure business journal about one of our competitors having financial trouble, so I reached out to several of their clients the next day to see what the pulse was. They were also nervous and uncertain about the future of their current provider, so they were much more willing to have conversations with me about our product. I'm still in the middle of the contract process, but it looks promising so far."

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How to Answer: At Aetna, we have many health insurance competitors that we need to have a pulse on. In your current role, how do you stay up to date with competitors?

Advice and answer examples written specifically for an Aetna job interview.

  • 33. At Aetna, we have many health insurance competitors that we need to have a pulse on. In your current role, how do you stay up to date with competitors?

      Why the Interviewer Asks This Question

      All private health insurance companies are vying for the business in a pretty stiff market, and this is especially true for a major player in the market like Aetna. Your interviewer is ideally looking to hear about your competitive spirit in your work and that you always look to keep a pulse on your competitors.

      Written by Ryan Brunner on July 6th, 2022

      How to Answer

      If a competitor has a product that could impact the business at Aetna, you need to know. Likewise, if a competitor is struggling, you might be able to create an advantage for Aetna. Talk to the interviewer about how you kept tabs on your competitors in the past.

      Written by Ryan Brunner on July 6th, 2022

      1st Answer Example

      "I set up Google alerts for all the major competitors so I can follow them. I read in an obscure business journal about one of our competitors having financial trouble, so I reached out to several of their clients the next day to see what the pulse was. They were also nervous and uncertain about the future of their current provider, so they were much more willing to have conversations with me about our product. I'm still in the middle of the contract process, but it looks promising so far."

      Written by Ryan Brunner on July 6th, 2022

      2nd Answer Example

      "I have relationships with all of the sales team members at our major competitors. I find it easier to have friends versus enemies because I know what is happening at their companies before it hits the news. Because I've built a solid relationship with that sales team, they give me leads that could be a good fit for our business and don't fit their product offerings. I try to help them when I can and when it makes sense."

      Written by Ryan Brunner on July 6th, 2022