Pramerica Life Insurance Senior Sales Manager Interview Questions and Answers

About health insurance relationship building

Q1. Last C T C
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Q2. Company code of conduct regulation h.
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Q1. Why should we hire you?
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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...read more
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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
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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...read more
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Q1. Normal question
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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 ...read more
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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
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Q2. How will you Plan your Work?
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Self introduction and previous experience and product questions

Q1. CTC breakup and location finalized
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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
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