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Pramerica Life Insurance Branch Manager Interview Questions and Answers

Updated 12 Sep 2022

Pramerica Life Insurance Branch Manager Interview Experiences

1 interview found

I applied via Walk-in and was interviewed in Aug 2022. There was 1 interview round.

Round 1 - HR 

(2 Questions)

  • Q1. Why regine old company
  • Q2. Salary increase, how many people report yo me

Interview Preparation Tips

Interview preparation tips for other job seekers - Process of team handling and business development

Branch Manager Jobs at Pramerica Life Insurance

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Interview questions from similar companies

Interview Questionnaire 

1 Question

  • Q1. Aptitude

Interview Preparation Tips

Round: Supervisor
Experience: Introduction part so on.

Round: RM
Experience: Documentation and some question asked

General Tips: My interview time asked question given answer but supervisor lier with me
Skills: Communication, Leadership
Duration: <1 week

I applied via Recruitment Consultant and was interviewed before Jul 2020. There was 1 interview round.

Interview Questionnaire 

1 Question

  • Q1. What is Salary scall form TCI CRM Head Roll
  • Ans. 

    The salary scale for the TCI CRM Head role is not available.

    • The salary scale for the TCI CRM Head role has not been disclosed.

    • Unfortunately, I do not have access to the salary scale information for the TCI CRM Head role.

    • I apologize, but I don't have the specific details regarding the salary scale for the TCI CRM Head role.

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - ........

Interview Questionnaire 

1 Question

  • Q1. How will give financial doctors in JFM
  • Ans. 

    Financial doctors will be given incentives based on their performance in JFM.

    • Incentives will be given to financial doctors based on their sales performance in January, February, and March (JFM)

    • The incentives can be in the form of bonuses, commissions, or other rewards

    • The criteria for performance evaluation can be based on sales targets, customer satisfaction, or other metrics

    • The incentives should be communicated clearl...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Learn about financial crisis and environmental gains.

I applied via Shine and was interviewed in Jun 2019. There was 1 interview round.

Interview Questionnaire 

6 Questions

  • Q1. Worst part of this industry
  • Ans. 

    High level of competition and pressure to meet targets

    • Intense competition among sales professionals

    • Constant pressure to meet sales targets

    • Long working hours and high stress levels

    • Dealing with rejection and objections from clients

    • Difficulty in maintaining work-life balance

  • Answered by AI
  • Q2. Why I still want to be in the same industry
  • Q3. How many policy you are running in ur name.
  • Q4. Reason I was not convinced with the agent.
  • Q5. Asked about my daily activities as how i started my day.
  • Q6. Asked about achievement

Interview Preparation Tips

Interview preparation tips for other job seekers - Be fair enough to all the answer, because situation might differ but answer should not if its a genuine answer because their will be pretty well round up to cross check all ur word are as per or not.
Best of luck.

I applied via Campus Placement and was interviewed before Mar 2021. There were 3 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all Resume tips
Round 2 - HR 

(6 Questions)

  • Q1. What are your salary expectations?
  • Q2. What is your family background?
  • Q3. Share details of your previous job.
  • Q4. Why should we hire you?
  • Q5. Why are you looking for a change?
  • Q6. Tell me about yourself.
Round 3 - One-on-one 

(3 Questions)

  • Q1. What are your previous job achievements?
  • Q2. What makes you keep in calm in pressure times ?
  • Q3. Situational basis questions !

Interview Preparation Tips

Topics to prepare for ICICI Prudential Life Insurance Sales Manager interview:
  • Sales
  • Communication Skills
  • Team Management
  • Networking Skills
  • Strategy Development
Interview preparation tips for other job seekers - Make yourself more confident by reading more about industry and how sales happen because you manage a team to make sales and this is not physical product you are selling , it is intangible product.

Sales Manager Interview Questions & Answers

Reliance Nippon Life Insurance user image Alapana venkata lakshmi sai Sruthi

posted on 28 Oct 2021

I applied via Referral and was interviewed in Sep 2021. There was 1 interview round.

Interview Questionnaire 

3 Questions

  • Q1. What's the role of your previous job? Explain it briefly. What you used to do?
  • Q2. Why our company?
  • Q3. What's your strength and weakness ?

Interview Preparation Tips

Interview preparation tips for other job seekers - Have to start in a pitch, which will be continued throughout the session
Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all Resume tips
Round 2 - HR 

(4 Questions)

  • Q1. What are your salary expectations?
  • Q2. What is your family background?
  • Q3. Share details of your previous job.
  • Q4. Tell me about yourself.
Round 3 - Aptitude Test 
Round 4 - One-on-one 

(1 Question)

  • Q1. Share details of the incentive design of the current role
  • Ans. 

    The incentive design includes a mix of commission and bonuses based on achieving sales targets and customer satisfaction ratings.

    • Commission is based on a percentage of sales revenue generated

    • Bonuses are awarded for achieving quarterly and annual sales targets

    • Customer satisfaction ratings also factor into bonus calculations

    • Incentives are designed to motivate and reward high-performing sales team members

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Check the job requirements before applying for the job
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(1 Question)

  • Q1. Tell me about your last company's working experience.
Round 2 - Technical 

(2 Questions)

  • 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...

  • Answered by AI
  • 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...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - For ABSLI you should have a deep knowledge of Insurance and financial products.
Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all Resume tips
Round 2 - Group Discussion 

Ask About My Overall Experience

Round 3 - One-on-one 

(2 Questions)

  • Q1. They Explained me My Job Duties & My Works.
  • Q2. What is Expected Salary?

Interview Preparation Tips

Interview preparation tips for other job seekers - Good Company For Insurance Job And Give High Salary Package.
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Pramerica Life Insurance Interview FAQs

How many rounds are there in Pramerica Life Insurance Branch Manager interview?
Pramerica Life Insurance interview process usually has 1 rounds. The most common rounds in the Pramerica Life Insurance interview process are HR.
How to prepare for Pramerica Life Insurance Branch 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 Pramerica Life Insurance. The most common topics and skills that interviewers at Pramerica Life Insurance expect are Branch Management, Agency Channel, Agency Sales, Life Insurance and Insurance Sales.

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Pramerica Life Insurance Branch Manager Salary
based on 21 salaries
₹6.5 L/yr - ₹11 L/yr
9% less than the average Branch Manager Salary in India
View more details

Pramerica Life Insurance Branch Manager Reviews and Ratings

based on 9 reviews

3.0/5

Rating in categories

3.1

Skill development

2.9

Work-life balance

3.3

Salary

2.9

Job security

3.0

Company culture

3.1

Promotions

3.0

Work satisfaction

Explore 9 Reviews and Ratings
Branch Manager

Manglaur,

Chennai

7-9 Yrs

₹ 8-8 LPA

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