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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

Interview questions from similar companies

I applied via Walk-in and was interviewed before Mar 2021. There were 2 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 tips
Round 2 - One-on-one 

(1 Question)

  • Q1. What is sales how it would be created?
  • Ans. 

    Sales is the process of persuading a potential customer to buy a product or service.

    • Identify potential customers

    • Understand their needs and preferences

    • Present the product or service in a compelling way

    • Handle objections and concerns

    • Close the sale

    • Follow up with customers to ensure satisfaction and encourage repeat business

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Nothing Impossible everything is possible in this world

I applied via Recruitment Consultant and was interviewed before Sep 2019. There was 1 interview round.

Interview Questionnaire 

3 Questions

  • Q1. How Many Policy you will do in one Month ?
  • Q2. How Many Agents you will recruit in one Month
  • Q3. When can you Join ?

Interview Preparation Tips

Interview preparation tips for other job seekers - First be confident.
Prepare Proper CV
Mention Job Description in Details
Write Achievements & Awards

Interview experience
3
Average
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Approached by Company and was interviewed before Dec 2023. There was 1 interview round.

Round 1 - HR 

(2 Questions)

  • Q1. What are the differences between bank insurance and agency insurance?
  • Q2. What are the different types of insurance available in the industry?

Interview Preparation Tips

Interview preparation tips for other job seekers - Do not proceed with Aditya Birla Health Insurance, as they seem to be jeopardizing careers.
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Aptitude Test 

Action One Max product outperforms other products in the insurance industry.

Round 2 - HR 

(1 Question)

  • Q1. What are your qualifications and how have you pursued skill development?
  • Ans. 

    I have a Bachelor's degree in Business Administration and over 5 years of experience in sales. I have pursued skill development through sales training workshops and certifications.

    • Bachelor's degree in Business Administration

    • Over 5 years of experience in sales

    • Participated in sales training workshops

    • Obtained certifications in sales techniques

  • Answered by AI
Interview experience
3
Average
Difficulty level
Easy
Process Duration
2-4 weeks
Result
Selected Selected

I applied via Naukri.com and was interviewed before Jul 2023. There were 3 interview rounds.

Round 1 - HR 

(2 Questions)

  • Q1. About qualification
  • Q2. About last salary
Round 2 - One-on-one 

(2 Questions)

  • Q1. About previous experience
  • Q2. Industry knowledge
Round 3 - Group Discussion 

Previous Work experience

Interview Preparation Tips

Interview preparation tips for other job seekers - Good experience

I applied via Referral and was interviewed in Jun 2021. There were 3 interview rounds.

Interview Questionnaire 

5 Questions

  • Q1. Basic interview questions and fundamentals of Life insurance.
  • Q2. Life insurance vs General insurance
  • Ans. 

    Life insurance covers the risk of death, while general insurance covers other risks like health, property, and liability.

    • Life insurance provides financial protection to the family of the insured in case of their untimely death.

    • General insurance covers risks like health, property, and liability.

    • Life insurance policies have a maturity date, while general insurance policies are usually annual.

    • Life insurance premiums are b...

  • Answered by AI
  • Q3. Sum assured vs sum insured
  • Ans. 

    Sum assured refers to life insurance policies while sum insured refers to general insurance policies.

    • Sum assured is the amount of money that an insurance policy guarantees to pay out upon the death of the insured person.

    • Sum insured is the maximum amount that an insurance company will pay out in the event of a claim.

    • Sum assured is typically used in life insurance policies while sum insured is used in general insurance p...

  • Answered by AI
  • Q4. Sales pitch demo
  • Q5. Old company profile

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident what you are saying
Interview experience
4
Good
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Approached by Company and was interviewed before Dec 2021. There were 2 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Don’t add your photo or details such as gender, age, and address in your resume. These details do not add any value.
View all tips
Round 2 - HR 

(2 Questions)

  • Q1. Did you know about insurance field
  • Q2. Did you have any knowledge about insurance

Interview Preparation Tips

Interview preparation tips for other job seekers - Basic details will be asked and what the previous experience will be asked how will you fit for this job
Interview experience
5
Excellent
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Campus Placement and was interviewed before Nov 2023. There was 1 interview round.

Round 1 - One-on-one 

(2 Questions)

  • Q1. Self introduction
  • Q2. What about company

Interview Preparation Tips

Interview preparation tips for other job seekers - Good experience
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I appeared for an interview in Jan 2025.

Round 1 - One-on-one 

(2 Questions)

  • Q1. Experience of jobs?
  • Ans. 

    I have over 10 years of experience in sales roles, including account management, business development, and team leadership.

    • 10+ years of experience in sales roles

    • Strong background in account management

    • Proven track record in business development

    • Experience leading and motivating sales teams

  • Answered by AI
  • Q2. What is general insurance
  • Ans. 

    General insurance is a type of insurance that covers a wide range of risks and provides financial protection against unforeseen events.

    • Covers various types of risks such as property damage, liability, and theft

    • Provides financial protection in case of accidents, natural disasters, or other unexpected events

    • Examples include car insurance, home insurance, and travel insurance

  • Answered by AI

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 11 reviews

4.0/5

Rating in categories

4.0

Skill development

3.9

Work-life balance

4.1

Salary

3.9

Job security

4.0

Company culture

4.0

Promotions

4.0

Work satisfaction

Explore 11 Reviews and Ratings
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