Canara HSBC Life Insurance Senior Business Development Manager Interview Questions and Answers

Q1. Tell me about yourself
Ans. 
Experienced Sr BDM with a proven track record in driving sales and building strong client relationships.
• 10+ years of experience in business development and sales

• Successfully exceeded sales targets by 20% for the past three years

• Built and maintained a portfolio of key clients, resulting in a 30% increase in revenue

• Expertise in identifying new business opportunities and negotiating contracts

• Strong communication and inter...read more
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Q2. About your experience of sales
Ans. Tell about your achievements and team work.
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Q1. What is your previous job profile
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Q2. How to handel your chanel partner
Ans. 
Channel partners should be managed through effective communication, collaboration, and mutual benefit.
• Establish clear expectations and goals for the partnership

• Regularly communicate and provide support to the partner

• Offer incentives and rewards for meeting or exceeding targets

• Collaborate on marketing and sales strategies

• Ensure mutual benefit and fairness in the partnership

• Regularly evaluate and adjust the partnership a
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Q1. Insurance policys
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Q2. Money back policy
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Q1. About your self Insurance policy concept IRDA knowledge
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Q2. Basic insurance details and about your self
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Insurance policy Basic plans

Q1. Share your previous work experience
Ans. 
I have 10 years of experience in business development, including successful partnerships and revenue growth.
• Managed key client accounts and developed strong relationships

• Identified new business opportunities and negotiated contracts

• Implemented strategies to increase market share and revenue

• Led cross-functional teams to execute business development initiatives

• Achieved 20% annual revenue growth for three consecutive year
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Q2. How do you handel your customer and channel partner
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I handle customers and channel partners by building strong relationships, providing excellent customer service, and collaborating on business strategies.
• I prioritize building strong relationships with customers and channel partners.

• I provide excellent customer service by promptly addressing their needs and concerns.

• I collaborate with channel partners to develop and execute effective business strategies.

• I regularly comm...read more
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Q1. Last 12 months Target vs achievement last company with prof
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Q2. How to achieve Target.. explained plan.
Ans. 
To achieve target, create a detailed plan with specific goals, strategies, timelines, and metrics for tracking progress.
• Set specific, measurable, achievable, relevant, and time-bound (SMART) goals.

• Identify target market segments and develop tailored strategies for each.

• Establish key performance indicators (KPIs) to track progress and adjust strategies as needed.

• Regularly review and analyze data to assess performance an...read more
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