Au Insurance Broking Services Interview Questions and Answers

I have a Bachelor's degree in Business Administration.

• Bachelor's degree in Business Administration

• Specialized in Marketing

• Took courses in Sales and Negotiation

• Attended seminars on Customer Relationship Management

Experienced sales executive with a proven track record in exceeding targets and building strong client relationships.

• 10+ years of experience in sales, with a focus on B2B sales

• Consistently achieved or exceeded sales targets by 20% each quarter

• Developed and maintained strong relationships with key clients, resulting in a 30% increase in repeat business

• Expertise in consultative selling and solution-based approach

• Proficie...read more

Tata AIG Life Insurance is a joint venture between Tata Group and American International Group, offering a range of life insurance products.

• Joint venture between Tata Group and American International Group

• Offers a range of life insurance products

• Provides financial protection to policyholders and their families

• Has a strong presence in the Indian insurance market

I want to join Tata AIG life insurance because of its strong reputation, extensive product portfolio, and commitment to customer satisfaction.

• Tata AIG life insurance has a strong reputation in the industry, which will enhance my professional profile.

• The company offers a wide range of insurance products, allowing me to cater to diverse customer needs and maximize my sales potential.

• Tata AIG's focus on customer satisfact...read more

Experienced

• I have 5 years of experience in sales, with a proven track record of exceeding targets.

• I have successfully managed a team of sales representatives and implemented effective sales strategies.

• I have a deep understanding of the industry and have built strong relationships with clients.

• I have consistently achieved high customer satisfaction ratings and have received multiple awards for my sales performance.

My goal is to exceed sales targets and build strong relationships with clients.

• Exceed sales targets by implementing effective sales strategies

• Build strong relationships with clients to ensure repeat business

• Continuously improve product knowledge to better serve clients

• Collaborate with the sales team to achieve collective goals

Sales is the process of persuading a potential customer to buy a product or service.

• Sales involves identifying potential customers and their needs

• It requires building relationships with customers and understanding their buying behavior

• Salespeople must be able to communicate the benefits of their product or service effectively

• Closing the sale is the ultimate goal of the sales process

• Examples of sales include selling car

Yes, I am comfortable in any location.

• I am adaptable and can easily adjust to new environments.

• I have experience working in diverse locations and cultures.

• I am willing to travel and relocate as required for the job.

• I have a flexible mindset and can quickly adapt to different work settings.

A tangible asset is a physical asset that has a measurable value and can be seen or touched.

• Examples include buildings, land, machinery, and inventory.

• Tangible assets are typically depreciated over time.

• They are recorded on a company's balance sheet.

• Tangible assets can be bought, sold, or traded.

• They are different from intangible assets, such as patents or trademarks.

An intangible asset is a non-physical asset that has no intrinsic value but has value due to its legal or intellectual property rights.

• Intangible assets include patents, trademarks, copyrights, and goodwill.

• They cannot be touched or seen but can be owned and traded.

• Their value is based on their ability to generate revenue or provide a competitive advantage.

• Intangible assets are recorded on a company's balance sheet and...read more

Insurance is a contract between an individual and an insurance company to protect against financial loss.

• Insurance provides financial protection against unexpected events

• Premiums are paid to the insurance company in exchange for coverage

• Types of insurance include health, auto, home, and life insurance

• Insurance policies have terms and conditions that must be followed to receive benefits

• Insurance companies use actuarial

Accounts payable is the amount of money a company owes to its suppliers or vendors for goods and services received but not yet paid for.

• Accounts payable is a liability on the balance sheet.

• It represents the amount owed to suppliers or vendors for goods or services received.

• Accounts payable is usually paid within a certain period of time, known as the payment terms.

• Examples of accounts payable include bills for utilitie...read more

Account receivables refer to the money owed to a company by its customers for goods or services provided on credit.

• It is a type of asset on a company's balance sheet

• It represents the amount of money owed to the company by its customers

• It is typically collected within a certain period of time, usually 30-90 days

• Examples include unpaid invoices, outstanding bills, and overdue payments