Axis Max Life Insurance SRM Manager Interview Questions and Answers

Interview end, and selected

Whta is the insurance,

General aptitude test

Q1. Why do you choose our concern?
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Q2. Can you explain your previous work experience step on step?
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Q3. The role you choose is irrelevant to previous one what makes believe you that you can survive
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Q4. We have 6 months of probation period for all the payroll staffs,post the probation only you will be a confirmed payroll employee, is that ok for you?
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Q1. About previous role and duties
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Q2. Why do you left the organisation?
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Q1. How long you have been married?
Ans. 
I have been happily married for 10 years.
• Married for 10 years

• Happily married

• Strong relationship

• Mutual respect and understanding
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Q2. Why don't you have kids till now?
Ans. 
Personal choice and circumstances have led to not having kids yet.
• Focused on career and personal growth

• Financial considerations

• Health concerns

• Waiting for the right partner

• Travel and lifestyle priorities
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Q3. How many family members do you have ?
Ans. 
I have 4 family members including my parents, sibling, and myself.
• Parents

• Sibling

• Myself
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Q4. Are the family members depends on you?
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Q1. Tell me about your self.
Ans. 
Experienced business development professional with a proven track record of driving revenue growth and building strong client relationships.
• Over 5 years of experience in business development roles

• Successfully increased sales by 30% in previous position

• Skilled in identifying new business opportunities and negotiating contracts

• Strong communication and interpersonal skills

• MBA in Business Administration from XYZ University
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Q2. Tell me about your last work. And other queries.
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Q3. Why are you quitting your job ?
Ans. 
Seeking new challenges and growth opportunities.
• Looking for a new challenge to further develop my skills and experience

• Seeking opportunities for career growth and advancement

• Want to explore new industries or sectors

• Desire for a change in work environment or company culture
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Q4. Why do you want to work in an insurance company?
Ans. 
I am passionate about helping individuals and businesses protect themselves from financial risks.
• I have a strong interest in finance and risk management.

• I enjoy working in a dynamic and fast-paced industry.

• I believe in the importance of insurance in providing security and peace of mind to individuals and businesses.

• I am excited about the opportunity to help clients find the best insurance solutions for their needs.
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Q5. What is insurance?
Ans. 
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 potential losses.
• Insurance provides financial protection against unexpected events or losses.

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

• Premiums are paid by the insured to the insurance company in exchang...read more
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Q6. How many types of insurance ?
Ans. 
There are several types of insurance, including life, health, auto, home, and business insurance.
• Life insurance covers the policyholder in case of death, providing financial support to beneficiaries.

• Health insurance helps cover medical expenses, including doctor visits, prescriptions, and hospital stays.

• Auto insurance protects against financial loss in case of accidents or theft involving a vehicle.

• Home insurance provi...read more
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Q7. What is the difference between life insurance and general insurance ?
Ans. 
Life insurance provides financial protection in case of death, while general insurance covers a wide range of non-life risks.
• Life insurance provides a payout to beneficiaries in case of the insured's death, while general insurance covers risks such as property damage, theft, and liability.

• Life insurance is typically long-term and covers the insured's entire life, while general insurance is usually short-term and covers...read more
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Q8. What is IRDAI ?
Ans. 
IRDAI stands for Insurance Regulatory and Development Authority of India.
• Regulatory body for insurance sector in India

• Established in 1999

• Protects the interests of policyholders

• Promotes and regulates the insurance industry

• Issues licenses to insurance companies
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Q9. Why should we select you ?
Ans. 
I have a proven track record of driving business growth through strategic planning and relationship building.
• Extensive experience in identifying new business opportunities and developing innovative strategies to capitalize on them

• Strong communication and negotiation skills to build and maintain relationships with clients and partners

• Track record of exceeding sales targets and driving revenue growth

• Ability to lead and m...read more
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Aptitude , vocn, maths, sales

Q1. Hr round with detailed information on role
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Q1. Your resume background
Ans. 
I have a diverse background in retail management, customer service, and team leadership.
• Managed a team of 15 retail associates in a fast-paced environment

• Implemented customer service training programs to improve satisfaction rates

• Led inventory management initiatives to reduce costs and increase efficiency
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Q2. Previous expirience
Ans. 
I have 5 years of experience in retail management, including 2 years as an Assistant Manager.
• Managed a team of 15 employees, overseeing their schedules and performance

• Implemented new sales strategies that resulted in a 10% increase in revenue

• Handled customer complaints and resolved issues effectively
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Q3. Why sbilife in your view
Ans. 
Sbilife offers a strong reputation, competitive products, and a commitment to customer service.
• Sbilife has a strong reputation in the insurance industry

• They offer competitive products and services

• The company has a commitment to excellent customer service
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Q4. Answer Your strength and weekness
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Q1. Anything about Experience
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Q1. Why we choose you ? We have already got 20 resume before you ?
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Q2. Why you want to leave your past job and industry you come ?
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Q3. It's comfortable with you in sales field ?
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It's basic level test paper give. To me for fill 60 questions in 1 hour for general information

Description for job roal and also what is my role in this job

Q1. If you selected how much time you need to join ?
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Q2. Our training is Mumbai if you select today you have to go today night if you want to joining is it comfortable for you ?
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Q1. Work process agency
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Q2. Recruitment process
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