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Pramerica Life Insurance Senior Branch Manager Interview Questions and Answers

Updated 26 May 2024

Pramerica Life Insurance Senior Branch Manager Interview Experiences

1 interview found

Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

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

Round 1 - One-on-one 

(2 Questions)

  • Q1. Why do you want switch from your previous organisation
  • Ans. For better remuneration and I heard this company has a good working culture
  • Answered Anonymously
  • Q2. For better remuneration

Interview Preparation Tips

Interview preparation tips for other job seekers - Hard working, sincere person and who works with positive attitude has growth in this organisation.

Interview questions from similar companies

I applied via Referral

Interview Questionnaire 

4 Questions

  • Q1. What is your goal sheet in past company. and Achievement
  • Q2. What is the meaning of net yeld
  • Ans. 

    Net yield is the actual return on investment after all expenses have been deducted.

    • Net yield is calculated by subtracting all expenses from the total revenue generated by an investment.

    • It takes into account all costs associated with the investment, including taxes, maintenance, and management fees.

    • Net yield is a more accurate measure of an investment's profitability than gross yield, which only takes into account the r...

  • Answered by AI
  • Q3. Par products and non par
  • Q4. What is the function of irda
  • Ans. 

    IRDA stands for Insurance Regulatory and Development Authority. It is a regulatory body for the insurance sector in India.

    • IRDA regulates and supervises the insurance industry in India

    • It issues licenses to insurance companies and agents

    • It protects the interests of policyholders

    • IRDA also promotes the development of the insurance industry in India

    • It sets guidelines and regulations for insurance products and services

  • Answered by AI

Skills evaluated in this interview

Round 1 - One-on-one 
Round 2 - HR 

(1 Question)

  • Q1. Why should we hire you?
Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Group Discussion 

About health insurance relationship building

Round 2 - HR 

(2 Questions)

  • Q1. Last C T C
  • Q2. Company code of conduct regulation h.
Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
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. My previous experience
  • Ans. 

    I have 10 years of experience in sales management, leading teams and driving revenue growth.

    • Led a team of 15 sales representatives and consistently exceeded sales targets by 20%

    • Implemented a new sales strategy that resulted in a 30% increase in revenue within the first year

    • Developed and maintained relationships with key clients, resulting in a 40% increase in repeat business

    • Trained and mentored junior sales managers, h...

  • Answered by AI
Round 3 - HR 

(2 Questions)

  • Q1. Normal question
  • Q2. Why did u decide apply to this role
  • Ans. 

    I applied to this role because of my extensive experience in sales and my passion for leading and motivating teams.

    • I have a proven track record of exceeding sales targets in my previous roles.

    • I have successfully managed and mentored sales teams, helping them achieve their goals.

    • I am excited about the opportunity to contribute my skills and expertise to a senior sales management position.

    • I am motivated by the challenge ...

  • Answered by AI
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Not Selected
Round 1 - One-on-one 

(2 Questions)

  • Q1. What is your best action to bring maximum number distributors?
  • Ans. 

    Building strong relationships with potential distributors through networking and personalized communication.

    • Identify key industry events and trade shows to attend and network with potential distributors

    • Utilize social media platforms to connect with distributors and showcase the benefits of partnering with our company

    • Offer personalized incentives and support to attract distributors, such as exclusive discounts or market...

  • Answered by AI
  • Q2. How can you recruit maximum number Agent?
  • Ans. 

    Recruit maximum number of agents by leveraging multiple recruitment channels and offering attractive incentives.

    • Utilize online job portals and social media platforms to reach a wider audience

    • Offer competitive commission structures and bonuses to attract top talent

    • Organize recruitment events and job fairs to connect with potential agents

    • Provide training and support to help agents succeed in their roles

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - It's good company for any aspirants who make his her career in insurance.
Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(2 Questions)

  • Q1. Your Knowledge about Insurance?
  • Ans. 

    Extensive knowledge in various types of insurance including life, health, auto, home, and commercial insurance.

    • Understanding of different insurance policies and coverage options

    • Ability to explain insurance terms and concepts to clients

    • Experience in underwriting and claims processing

    • Knowledge of insurance regulations and compliance requirements

    • Strong negotiation skills to secure competitive rates for clients

  • Answered by AI
  • Q2. How will you Plan your Work?

I applied via Naukri.com and was interviewed before Dec 2020. There were 3 interview rounds.

Interview Questionnaire 

4 Questions

  • Q1. Big data arch
  • Q2. Programming questions
  • Q3. Linux scripting
  • Q4. Sql questions

Interview Preparation Tips

Interview preparation tips for other job seekers - Technical only,hr is ok round,tech is around project only

I applied via Approached by Company and was interviewed in Aug 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 

(2 Questions)

  • Q1. About past work experience
  • Q2. Excel knowledge on VBA & Macros

Interview Preparation Tips

Topics to prepare for Chubb Assistant Manager interview:
  • Execel
Interview preparation tips for other job seekers - Be confident and honest during the interview process. Show positive attitude even if you do not know the answer
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 - HR 

(1 Question)

  • Q1. Tell me about yourself.
Round 3 - One-on-one 

(1 Question)

  • Q1. About past experience

Interview Preparation Tips

Interview preparation tips for other job seekers - Good company and employee orientation

Pramerica Life Insurance Interview FAQs

How many rounds are there in Pramerica Life Insurance Senior Branch Manager interview?
Pramerica Life Insurance interview process usually has 1 rounds. The most common rounds in the Pramerica Life Insurance interview process are One-on-one Round.

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Pramerica Life Insurance Senior Branch Manager Interview Process

based on 1 interview

Interview experience

5
  
Excellent
View more
Pramerica Life Insurance Senior Branch Manager Salary
based on 7 salaries
₹11 L/yr - ₹14 L/yr
17% more than the average Senior Branch Manager Salary in India
View more details

Pramerica Life Insurance Senior Branch Manager Reviews and Ratings

based on 4 reviews

4.4/5

Rating in categories

3.3

Skill development

4.1

Work-life balance

3.7

Salary

3.8

Job security

4.9

Company culture

4.1

Promotions

4.1

Work satisfaction

Explore 4 Reviews and Ratings
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₹3.1 L/yr - ₹11.3 L/yr

Unit Head
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₹5.8 L/yr - ₹12.1 L/yr

Deputy Manager
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₹4.8 L/yr - ₹14.7 L/yr

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