Pramerica Life Insurance Senior Executive Talent Acquisition Interview Questions and Answers

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...read more

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

To pitch and convince people to purchase a product, focus on understanding their needs, highlighting the product's unique features and benefits, providing social proof, and offering incentives.

• Research and understand the target audience's needs and pain points

• Highlight the unique features and benefits of the product that address those needs

• Provide social proof through testimonials, case studies, or success stories

• Offer...read more