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Pramerica Life Insurance Territory Sales Manager Interview Questions and Answers

Updated 23 Feb 2024

Pramerica Life Insurance Territory Sales Manager Interview Experiences

1 interview found

Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(1 Question)

  • Q1. Previous company experience

Interview questions from similar companies

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 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

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

I applied via Recruitment Consulltant and was interviewed in Aug 2024. There were 3 interview rounds.

Round 1 - One-on-one 

(2 Questions)

  • Q1. Tell me about your Self ?
  • Ans. 

    Experienced sales professional with a proven track record of exceeding targets and building strong client relationships.

    • Over 5 years of sales experience in the territory management role

    • Consistently met and exceeded sales targets by 20% for the past 3 years

    • Built and maintained strong relationships with key clients resulting in repeat business and referrals

  • Answered by AI
  • Q2. Why you want to change?
  • Ans. 

    Seeking new challenges and opportunities for growth in a dynamic sales environment.

    • Looking for new challenges and opportunities for professional growth

    • Interested in working in a more dynamic sales environment

    • Seeking a change to expand my skill set and experience

    • Want to take on more responsibility and leadership roles

  • Answered by AI
Round 2 - HR 

(2 Questions)

  • Q1. What was last Rating?
  • Ans. 

    My last rating was 4.5 out of 5, reflecting my strong performance in meeting sales targets and building relationships with clients.

    • Received a rating of 4.5 out of 5 in my last performance review

    • Consistently met or exceeded sales targets

    • Built strong relationships with clients leading to increased sales

    • Implemented effective sales strategies to drive revenue growth

  • Answered by AI
  • Q2. Why you want to change
  • Ans. 

    Seeking new challenges and opportunities for growth in a dynamic sales environment.

    • Looking for a new challenge to further develop my skills and experience

    • Interested in exploring new opportunities for career advancement

    • Seeking a more dynamic and fast-paced sales environment

    • Want to expand my professional network and learn from new experiences

  • Answered by AI
Round 3 - Aptitude Test 

Same question asked many times

Interview Preparation Tips

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

I applied via Recruitment Consultant and was interviewed in Jul 2019. There was 1 interview round.

Interview Questionnaire 

2 Questions

  • Q1. The quetions where asked at the time of interviewed was related to the job profile.
  • Q2. Be confident when you are responding as an answer

Interview Preparation Tips

Interview preparation tips for other job seekers - Whenever you go for the interview be prepared about the job roll and ask to the department jd job distribution that is the right tools and you can easily creak any interview.

I applied via Referral and was interviewed before Feb 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 - 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.

Interview Preparation Tips

Interview preparation tips for other job seekers - Aditya Birla Health insurance company is good place for to do work but there is too much pressure different different things. High management not working on their weekends or product.....

Pramerica Life Insurance Interview FAQs

How many rounds are there in Pramerica Life Insurance Territory Sales 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 Territory Sales Manager Interview Process

based on 1 interview

Interview experience

5
  
Excellent
View more
Pramerica Life Insurance Territory Sales Manager Salary
based on 4 salaries
₹4.2 L/yr - ₹13.5 L/yr
22% more than the average Territory Sales Manager Salary in India
View more details

Pramerica Life Insurance Territory Sales Manager Reviews and Ratings

based on 1 review

5.0/5

Rating in categories

4.0

Skill development

4.0

Work-life balance

3.0

Salary

4.0

Job security

4.0

Company culture

3.0

Promotions

4.0

Work satisfaction

Explore 1 Review and Rating
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₹2 L/yr - ₹5 L/yr

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Assistant Manager
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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
52 salaries
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₹4.8 L/yr - ₹14.7 L/yr

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