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Edelweiss Life Insurance Business Development Manager Interview Questions and Answers
Edelweiss Life Insurance Business Development Manager Interview Experiences
3 interviews found
Selected
I applied via Referral and was interviewed before Apr 2023. There were 2 interview rounds.
MCQ ARE THERE TO JUDGE LOGICAL AND MATHEMATICAL ABILITY.
(2 Questions)
- Q1. Questions regarding devemmlopnent of business
- Q2. How will you sell product
- Ans.
I will sell the product by identifying customer needs, showcasing product benefits, building relationships, and closing deals.
Identify customer needs and pain points
Showcase product benefits and features
Build relationships with potential clients
Close deals by addressing objections and providing solutions
Interview Preparation Tips
(3 Questions)
- Q1. Where do you see yourself in 5 years?
- Ans.
In 5 years, I see myself leading a team of successful business development professionals, driving growth and expanding the company's market presence.
Leading a team of business development professionals
Driving growth and expanding market presence
Achieving targets and exceeding expectations
Building strong relationships with clients and partners
Continuously learning and adapting to industry trends
- Q2. What are your strengths and weaknesses?
- Ans.
My strengths include strong communication skills, strategic thinking, and relationship building. My weaknesses include impatience with slow decision-making and a tendency to take on too many tasks.
Strength: Strong communication skills - I am able to effectively convey ideas and negotiate with clients.
Strength: Strategic thinking - I can analyze market trends and develop innovative business strategies.
Strength: Relation...
- Q3. Tell me about yourself.
- Ans.
Experienced business development manager with a proven track record in driving revenue growth and forging strategic partnerships.
10+ years of experience in business development
Successfully increased sales by 30% in previous role
Developed and executed strategic plans to expand market share
Negotiated and closed high-value contracts with key clients
Built and maintained strong relationships with industry stakeholders
Interview Preparation Tips
I applied via Walk-in and was interviewed in Jul 2021. There was 1 interview round.
Interview Questionnaire
1 Question
- Q1. Simple questions like, what is your skills. Personal info. Work experience & how to deal with agents. & What about plan for target.
Interview Preparation Tips
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Interview questions from similar companies
Business Development Manager Interview Questions & Answers
IndiaFirst Life Insurance
Anonymous
posted on 21 Mar 2020
I applied via Recruitment Consultant and was interviewed in Feb 2020. There were 3 interview rounds.
Interview Questionnaire
4 Questions
- Q1. Have heard about section 80C, 10(10d)?
- Ans.
Yes, section 80C and 10(10d) are provisions of the Indian Income Tax Act.
Section 80C provides deductions for certain investments and expenses.
Section 10(10d) provides exemptions for life insurance payouts.
Both sections are relevant for tax planning and savings in India.
- Q2. How life insurance different from other general insurance?
- Ans.
Life insurance provides financial protection in case of death, while general insurance covers loss or damage to property or assets.
Life insurance provides a lump sum payment to beneficiaries upon the death of the insured.
General insurance covers loss or damage to property or assets, such as car insurance or home insurance.
Life insurance is typically a long-term investment, while general insurance is usually short-term.
...
- Q3. Why you have chosen Life insurance industry instead of others?
- Q4. What are types of life insurance products?
- Ans.
Types of life insurance products include term life, whole life, universal life, and variable life.
Term life insurance provides coverage for a specific period of time.
Whole life insurance provides coverage for the entire life of the insured and builds cash value over time.
Universal life insurance offers flexibility in premium payments and death benefits.
Variable life insurance allows policyholders to invest in various i
Interview Preparation Tips
Business Development Manager Interview Questions & Answers
IndiaFirst Life Insurance
Anonymous
posted on 9 May 2018
Interview Questionnaire
1 Question
- Q1. Discussion about experience, achievements, salary and package
Interview Preparation Tips
Experience: Experience, knowledge of content, reference , Appearance,
Round: Test
Experience: Aptitude & reasoning test
Business Development Manager Interview Questions & Answers
IndiaFirst Life Insurance
Anonymous
posted on 27 Jan 2022
I applied via Referral and was interviewed before Jan 2021. There were 2 interview rounds.
(8 Questions)
- Q1. What is your family background?
- Ans.
My family background is diverse and has shaped my values and work ethic.
My parents come from different cultural backgrounds, which has exposed me to different perspectives and ways of thinking.
Growing up, my family emphasized the importance of education and hard work.
My siblings and I were encouraged to pursue our passions and strive for excellence.
My father worked in the business field, which sparked my interest in bu...
- Q2. What are your salary expectations?
- Q3. Share details of your previous job.
- Q4. Why should we hire you?
- Q5. Why are you looking for a change?
- Q6. Where do you see yourself in 5 years?
- Q7. What are your strengths and weaknesses?
- Q8. Tell me about yourself.
Interview Preparation Tips
Business Development Manager Interview Questions & Answers
IndiaFirst Life Insurance
Anonymous
posted on 26 Feb 2025
Selected
I appeared for an interview before Feb 2024.
(2 Questions)
- Q1. Experience level
- Q2. Position to previous company
Interview Preparation Tips
Business Development Manager Interview Questions & Answers
IndiaFirst Life Insurance
Anonymous
posted on 26 Jun 2021
Interview Questionnaire
3 Questions
- Q1. How you can achieve your business target at 150 percent ? What GCL
- Ans.
To achieve 150% business target, focus on increasing sales, expanding customer base, and optimizing marketing strategies.
Identify potential customers and target them with personalized marketing campaigns
Offer discounts and promotions to attract new customers and retain existing ones
Improve product quality and customer service to increase customer satisfaction and loyalty
Analyze market trends and adjust marketing strate...
- Q2. What is the GCL & describe all features
- Ans.
GCL stands for Global Credit Limited, a financial institution providing various credit facilities.
GCL offers personal loans, business loans, and credit cards.
The institution has a quick and easy loan application process.
GCL provides competitive interest rates and flexible repayment options.
Customers can access their accounts and make payments online.
The institution has a customer service team available to assist with a
- Q3. I Describes all topics as per previous experience
Interview Preparation Tips
Business Development Manager Interview Questions & Answers
IndiaFirst Life Insurance
Anonymous
posted on 20 Aug 2021
I applied via Referral and was interviewed in Feb 2021. There were 5 interview rounds.
Interview Questionnaire
3 Questions
- Q1. Why do you want to leave your current organisation
- Ans. Career growth and designation change
- Q2. Wat is your achievements in your current organisation
- Q3. I qualified for domestic trip Goa and got lot of appreciation certificates from CEO and Deputy CEO
Interview Preparation Tips
Business Development Manager Interview Questions & Answers
IndiaFirst Life Insurance
SANJAY KUMAR
posted on 2 Feb 2022
(5 Questions)
- Q1. What are your strengths and weaknesses?
- Q2. What is your family background?
- Q3. What are your salary expectations?
- Q4. Share details of your previous job.
- Q5. Tell me about yourself.
Interview Preparation Tips
Edelweiss Life Insurance Interview FAQs
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Edelweiss Life Insurance Business Development Manager Interview Process
based on 2 interviews
Interview experience
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Edelweiss Life Insurance Business Development Manager Reviews and Ratings
based on 45 reviews
Rating in categories
|
Relationship Manager
270
salaries
|  ₹2 L/yr - ₹6 L/yr |
|
Development Manager
208
salaries
| ₹2.2 L/yr - ₹5.3 L/yr |
|
Senior Relationship Manager
174
salaries
| ₹2.5 L/yr - ₹5.1 L/yr |
|
Business Development Manager
108
salaries
| ₹1.5 L/yr - ₹5.5 L/yr |
|
Manager
82
salaries
| ₹4.8 L/yr - ₹16.8 L/yr |
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