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Bajaj Allianz Life Insurance Senior Business Sales Manager Interview Questions and Answers

Updated 10 Sep 2020

Bajaj Allianz Life Insurance Senior Business Sales Manager Interview Experiences

1 interview found

I applied via Recruitment Consultant and was interviewed in Aug 2020. There were 6 interview rounds.

Interview Questionnaire 

3 Questions

  • Q1. Can you share your experience of Banca relationship?
  • Q2. If we give you opportunity to handle relationship of this bank how you will manage?
  • Q3. Are you competent to Work in Hardcore Competition Network?

Interview Preparation Tips

Interview preparation tips for other job seekers - Absolutely fun as well learning experience. Thanks to the manager for making it interesting and learning process.

Interview questions from similar companies

Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Recruitment Consulltant and was interviewed in Aug 2024. There was 1 interview round.

Round 1 - One-on-one 

(9 Questions)

  • 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

  • Answered by AI
  • Q2. Tell me about your last work. And other queries.
  • 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

  • Answered by AI
  • 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.

  • Answered by AI
  • 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...

  • Answered by AI
  • 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...

  • Answered by AI
  • 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...

  • Answered by AI
  • 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

  • Answered by AI
  • 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...

  • Answered by AI
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Naukri.com and was interviewed in Jun 2024. There were 4 interview rounds.

Round 1 - HR 

(3 Questions)

  • Q1. Why we choose you ? We have already got 20 resume before you ?
  • Q2. Why you want to leave your past job and industry you come ?
  • Q3. It's comfortable with you in sales field ?
Round 2 - Aptitude Test 

It's basic level test paper give. To me for fill 60 questions in 1 hour for general information

Round 3 - Group Discussion 

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

Round 4 - One-on-one 

(2 Questions)

  • Q1. If you selected how much time you need to join ?
  • 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 ?

Interview Preparation Tips

Interview preparation tips for other job seekers - It's too good communication skill needed and desires to you have passion for this job and you are work with brand name in future also why you chose this sector ? In short you have fame ,name and also vision for this job. So you got this job with out any headache also got promoted by HR .
IF YOU have ability you can got 2 promotion in 1year complete sales criteria in 1year
For my suggestion if you want to check me a brand name definitely join and get promotion hear I am getting first promotion with in 5 month so you can also . But hear 🙉 have privious experience in marketing and also real-estate market so I have enough data to getting basic level work so you must be study and work accordingly
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Referral and was interviewed in Sep 2024. There were 2 interview rounds.

Round 1 - Aptitude Test 

Conducted online test and it's take 2 to 3 hours where they test your all abilities to check your intelligence, Prompt response, calculation, though, knowledge and other

Round 2 - HR 

(2 Questions)

  • Q1. What will you do to achieve targets
  • Ans. 

    I will create a strategic plan, set clear goals, motivate the team, track progress, and adjust strategies as needed.

    • Develop a detailed sales strategy with specific targets and timelines

    • Motivate and train the sales team to ensure they are equipped to meet targets

    • Regularly track progress towards targets and adjust strategies as needed

    • Identify and pursue new business opportunities to increase sales

    • Collaborate with marketi...

  • Answered by AI
  • Q2. Past experience and what you done
  • Ans. 

    I have over 5 years of experience in business development, including successfully launching new products and expanding market reach.

    • Led a team to launch a new product line, resulting in a 20% increase in sales within the first year

    • Developed and implemented strategic partnerships with key clients, leading to a 30% growth in market share

    • Utilized market research and analysis to identify new business opportunities and driv

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Experience and confidence give you opportunity and after that your mindset give you success, Company is good in all parameters, Good in all, Little bit you face CTC issues but if you fulfill targets which is easy you will get handsome incentive and also you will help society with you job which I think give you confidence in job
Interview experience
5
Excellent
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Not Selected

I applied via Company Website and was interviewed in Mar 2024. There were 2 interview rounds.

Round 1 - Technical 

(2 Questions)

  • Q1. How do you sell a combo to a bold man
  • Ans. By highlighting the benefits of using a comb for scalp health and grooming. Emphasize the importance of scalp health and how combing can improve it Explain how using a comb can help style hair and create a polished look Offer a demonstration of how the comb can be used to create different hairstyles Highlight the durability and quality of the comb Offer a discount or bundle deal to incentivize purchase
  • Answered Anonymously
  • Q2. Need to discribe equity debt balanced
  • Ans. 

    Equity debt balance refers to the optimal mix of equity and debt financing for a company's capital structure.

    • Equity represents ownership in the company, while debt represents borrowed funds that need to be repaid with interest.

    • Balancing equity and debt allows a company to take advantage of the benefits of both types of financing, such as lower cost of debt and increased control with equity.

    • The ideal equity debt balance...

  • Answered by AI
Round 2 - Coding Test 

Explain about different funds under ULIPS

Interview Preparation Tips

Interview preparation tips for other job seekers - Set realistic goals: Aim to apply to three to five jobs per week and connect with at least two people daily, even on LinkedIn. Self-care matters: Don't forget to take care of yourself during the job search. Take breaks, eat well, exercise, and make time for activities you enjoy.
Interview experience
3
Average
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Not Selected

I applied via Campus Placement and was interviewed in Nov 2024. There was 1 interview round.

Round 1 - Group Discussion 

Impact of AI in IT Industry

Interview Preparation Tips

Interview preparation tips for other job seekers - Speak whatever you know about topic, don't argue in gd
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(3 Questions)

  • Q1. Tell me about yourself.
  • Ans. 

    Experienced business manager with a proven track record of driving growth and profitability through strategic planning and team leadership.

    • Over 10 years of experience in business management

    • Successfully implemented cost-saving measures resulting in a 20% increase in profit margins

    • Led a team of 50 employees to exceed sales targets by 30% in the last fiscal year

  • Answered by AI
  • Q2. How you will manage your team?
  • Ans. 

    I will manage my team by setting clear goals, providing support and resources, fostering open communication, and recognizing and rewarding achievements.

    • Set clear goals and expectations for each team member

    • Provide necessary support and resources to help team members succeed

    • Foster open communication and encourage feedback from team members

    • Recognize and reward achievements to motivate and boost morale

  • Answered by AI
  • Q3. Whom will you approach for leaders in Shriram Life Insurance?
  • Ans. 

    I will approach experienced professionals in the insurance industry with a proven track record of leadership.

    • Approach individuals who have held leadership positions in insurance companies

    • Look for candidates with a strong understanding of the insurance industry and market trends

    • Consider professionals with a successful track record of leading teams and driving business growth

    • Seek out individuals with excellent communicat

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - I have gathered much more knowledges & so many unknown facts which will be beneficial in my career & these will help me to lead my career paths easy in my life....

A lots of thanks to Shriram Life Insurance for giving me such a responsible post
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
-
Result
Selected Selected
Round 1 - HR 

(1 Question)

  • Q1. HOW U MEET WITH PEOPLE TO ATTACHED THEM WITH MAX
  • Ans. 

    I meet with people by networking at industry events, utilizing social media platforms, and leveraging existing relationships.

    • Attend industry events and conferences to meet new people

    • Utilize social media platforms like LinkedIn to connect with potential clients

    • Leverage existing relationships for referrals and introductions

  • Answered by AI
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Not Selected

I applied via Approached by Company and was interviewed in Apr 2024. There was 1 interview round.

Round 1 - One-on-one 

(3 Questions)

  • Q1. Previous work discussion
  • Q2. Relevant work experience
  • Q3. Tools knowledge
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Recruitment Consulltant and was interviewed in May 2024. There were 2 interview rounds.

Round 1 - Aptitude Test 

Verbal communication as well as Quant

Round 2 - HR 

(1 Question)

  • Q1. What You are leaving current company and what are your expectations

Bajaj Allianz Life Insurance Interview FAQs

How to prepare for Bajaj Allianz Life Insurance Senior Business Sales Manager interview?
Go through your CV in detail and study all the technologies mentioned in your CV. Prepare at least two technologies or languages in depth if you are appearing for a technical interview at Bajaj Allianz Life Insurance. The most common topics and skills that interviewers at Bajaj Allianz Life Insurance expect are Bancassurance, Insurance, Insurance Broking, Insurance Sales and Life Insurance.

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Bajaj Allianz Life Insurance Senior Business Sales Manager Interview Process

based on 3 interviews

Interview experience

5
  
Excellent
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Bajaj Allianz Life Insurance Senior Business Sales Manager Salary
based on 356 salaries
₹3.4 L/yr - ₹5.8 L/yr
6% more than the average Senior Business Sales Manager Salary in India
View more details

Bajaj Allianz Life Insurance Senior Business Sales Manager Reviews and Ratings

based on 123 reviews

4.2/5

Rating in categories

4.1

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4.0

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4.1

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4.0

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4.0

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3.7

Promotions

3.9

Work satisfaction

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