Axis Max Life Insurance Sales Head Interview Questions and Answers

Q1. Number of years of experience
Ans. 
I have 10 years of experience in the regional management field.
• 10 years of experience in regional management

• Proven track record of successfully leading regional teams

• Implemented strategies to drive growth and achieve targets
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Q1. Achievements in my caeer
Ans. 
I have achieved consistent growth in sales and successfully led a team to exceed targets.
• Consistently exceeded sales targets by 20% each quarter

• Led a team to achieve 150% increase in revenue within one year

• Received 'Top Performer' award for three consecutive years
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Q2. Promotions that I have received
Ans. 
I have received promotions based on my consistent performance and leadership skills.
• Received promotions for exceeding sales targets consistently

• Promoted to team leader for demonstrating strong leadership qualities

• Received promotion to Regional Head for exceptional performance and results
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Q1. Problems that you have solved
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I have successfully resolved conflicts within teams, improved communication channels, and implemented new strategies to increase productivity.
• Resolved conflicts within teams by facilitating open communication and mediating discussions

• Improved communication channels by implementing regular team meetings and feedback sessions

• Implemented new strategies to increase productivity by analyzing current processes and identifyin...read more
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Q1. Tell me about your last company's working experience.
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Q1. What are the PAR and NON-PAR products in Life Insurance?
Ans. 
PAR products refer to participating policies where policyholders receive bonuses, while NON-PAR products do not offer bonuses.
• PAR products provide policyholders with bonuses based on the insurer's profits

• Policyholders of NON-PAR products do not receive bonuses

• PAR products typically have higher premiums compared to NON-PAR products

• Examples of PAR products include whole life insurance and endowment plans

• Examples of NON-P...read more
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Q2. Tell me about the ULIP and it's charges.
Ans. 
ULIP is a type of insurance product that combines investment and insurance. It has various charges like premium allocation, fund management, mortality, etc.
• ULIP stands for Unit Linked Insurance Plan

• It offers both insurance coverage and investment options

• Charges associated with ULIP include premium allocation charges, policy administration charges, fund management charges, mortality charges, etc.

• Premium allocation charg...read more
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Q1. Do know insurance
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Q2. What do you know insurance
Ans. 
Insurance is a financial product that provides protection against financial losses.
• Insurance is a contract between an individual or organization and an insurance company, where the individual or organization pays a premium in exchange for financial protection against specified risks.

• There are various types of insurance such as life insurance, health insurance, auto insurance, property insurance, and more.

• Insurance help...read more
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Q3. What was the benefit of insurance ?
Ans. 
Insurance provides financial protection against unexpected events, giving peace of mind and security.
• Provides financial protection in case of accidents, illnesses, or other unexpected events

• Helps cover the cost of medical treatments, repairs, or replacements

• Offers peace of mind and security for individuals and families

• Can help mitigate financial risks and prevent financial hardship

• Encourages responsible behavior and pl
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Q4. What was the role of life insurance
Ans. 
Life insurance provides financial protection to the insured's family in case of death, ensuring financial stability and security.
• Provides financial protection to the insured's family in case of death

• Ensures financial stability and security for the family

• Can help cover funeral expenses, outstanding debts, and future financial needs

• Offers peace of mind knowing loved ones are financially protected
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Q5. Any key point of life
Ans. 
Always stay positive and never give up on your dreams.
• Maintain a positive attitude in all situations

• Set clear goals and work towards achieving them

• Never lose sight of your dreams and aspirations

• Learn from failures and use them as stepping stones to success
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Q1. Tell us about your performance in your current organization?
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Q2. Family background & Your goal after 5years ?
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Q3. Highest tickets size closure?
Ans. 
Closed a deal worth $500,000 with a major client in the previous quarter.
• Closed a deal worth $500,000 with XYZ Company in Q3.

• Negotiated a contract worth $750,000 with ABC Corporation.

• Secured a deal for $600,000 with DEF Ltd in the last fiscal year.
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Q4. Did you qualified for any foreign trip?
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Q1. Basick question
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Q2. Bio data, before work, family statue,
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Q3. Family status, bio data, and basick question for insurance industry
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Q1. Bio data,what different between health insurance and life insurance
Ans. 
Health insurance covers medical expenses, while life insurance provides financial protection in case of death.
• Health insurance covers medical expenses such as doctor visits, hospital stays, and prescription medications.

• Life insurance provides a lump sum payment to beneficiaries in the event of the policyholder's death.

• Health insurance is typically used to cover costs related to illness or injury, while life insurance i...read more
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Q1. Hr technical round interview
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Q1. About previous work experience
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Q1. Previous work experience
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To meet at branch manager

Q1. Experience and old job related issues
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Q2. Which job since old company why should be resigned
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Q1. About education and experience location
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Q1. Insurance industry the
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Q2. About family the the and address
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