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Edelweiss Life Insurance Development Manager Interview Questions and Answers

Updated 5 Sep 2022

Edelweiss Life Insurance Development Manager Interview Experiences

3 interviews found

I applied via Job Portal

Interview Questionnaire 

1 Question

  • Q1. Asked about my previous experience,my confidence,my natural market

Interview Preparation Tips

Interview preparation tips for other job seekers - Edelweiss tokio very good company, management is very supportive,best place to work

I applied via Walk-in and was interviewed in Feb 2021. There were 3 interview rounds.

Interview Questionnaire 

2 Questions

  • Q1. Why do you want to join Edelweiss?
  • Q2. How will you approach customers for financial products sell eg. Insurance, mutual funds etc.
  • Ans. 

    I will approach customers by understanding their needs and offering tailored financial solutions.

    • Research and understand the customer's financial goals and needs

    • Offer personalized financial solutions based on their needs

    • Provide clear and concise information about the products

    • Address any concerns or questions the customer may have

    • Follow up with the customer to ensure satisfaction and offer additional products

    • Build trust...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Be positive always give answers as per your understanding and knowledge.

Development Manager Interview Questions Asked at Other Companies

Q1. What do you know aboute local market business potential.
Q2. What do you know about life insurance.
Q3. Give 10 name of famous people you know in local market.
Q4. How will you generated business form local market.
Q5. Difference between term, traditional and ulip plans.

I applied via Walk-in and was interviewed in Jan 2021. There was 1 interview round.

Interview Questionnaire 

3 Questions

  • Q1. About my family and friends about my previous job about my career planning
  • Q2. What is your goal in career ?
  • Q3. What is my achievements ?

Interview Preparation Tips

Interview preparation tips for other job seekers - The interview was very tough my branch manager ask me about my career goal & achievements past experiences future planning

Development Manager Jobs at Edelweiss Life Insurance

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Interview questions from similar companies

Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
Round 1 - HR 

(1 Question)

  • Q1. Your experience and convencing power
  • Ans. 

    I have over 10 years of experience in development management and have a proven track record of successfully leading teams to deliver projects on time and within budget.

    • Led a team of developers to successfully launch a new software product, increasing revenue by 20%

    • Implemented agile methodologies to improve project efficiency and collaboration

    • Strong communication skills to effectively convey ideas and persuade stakehold...

  • Answered by AI
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Walk-in and was interviewed before Feb 2023. There were 2 interview rounds.

Round 1 - Group Discussion 

Here were going to see about the person how he reacts when he is in the group nd how he responds nd checks the leader abilities by giving them some topics to speak nd how they express.

Round 2 - HR 

(3 Questions)

  • Q1. Self introduction
  • Q2. Here we are giving you the role of the team leader how are u going to handle your team
  • Q3. As we all know insurance is one of the toughest field what is your openinon on it what do u think would u survive here

Interview Preparation Tips

Interview preparation tips for other job seekers - Whatever u face in interview just be confident nd that helps u a lot dont do any of your interviewes with a serious face be normal.

I applied via Walk-in and was interviewed in Nov 2021. There were 4 interview rounds.

Interview Questionnaire 

12 Questions

  • Q1. Brif introduction about your self like family, education and work experience.
  • Q2. Why you want to leave current organization.
  • Q3. Why do you want to join SBI Life Insurance.
  • Q4. How long you are working in current industry.
  • Q5. What do you know about life insurance.
  • Ans. 

    Life insurance is a contract between an insurer and a policyholder, where the insurer guarantees payment of a death benefit to named beneficiaries upon the death of the insured.

    • Life insurance provides financial protection to the policyholder's beneficiaries in the event of their death.

    • There are two main types of life insurance: term life insurance and permanent life insurance.

    • Term life insurance provides coverage for a...

  • Answered by AI
  • Q6. Difference between term, traditional and ulip plans.
  • Ans. 

    Term, traditional and ULIP plans are different types of insurance policies.

    • Term plans provide pure life cover for a specific term and do not offer any maturity benefits.

    • Traditional plans offer both life cover and savings benefits, and have a fixed premium payment term.

    • ULIP plans offer life cover and investment options, allowing policyholders to invest in equity, debt or a combination of both.

    • ULIPs offer flexibility in ...

  • Answered by AI
  • Q7. What was your last jobe profile and achievements.
  • Q8. What do you know aboute local market business potential.
  • Ans. 

    I have extensive knowledge of the local market business potential.

    • I have conducted market research and analysis to identify potential business opportunities.

    • I have established relationships with key stakeholders in the local business community.

    • I have experience developing and implementing successful business strategies in the local market.

    • I am aware of the current economic trends and regulatory environment that impact ...

  • Answered by AI
  • Q9. Give 10 name of famous people you know in local market.
  • Ans. 

    Sorry, I cannot provide a list of famous people in the local market.

    • Answered by AI
    • Q10. How will you generated business form local market.
    • Ans. 

      I will generate business from local market by building strong relationships with potential clients and leveraging my network.

      • Identify potential clients through market research and networking

      • Build strong relationships with clients through effective communication and follow-up

      • Offer customized solutions to meet clients' specific needs

      • Leverage my network to generate referrals and expand business

      • Participate in local events ...

    • Answered by AI
    • Q11. How will you recruit 20 insurance agent in a month.
    • Q12. Give the 20 name of your prospect insurance agen.

    Interview Preparation Tips

    Interview preparation tips for other job seekers - Dont lose your confidence at any point of time no metter what language you use matter is how comfortably you put your point of view.
    At last and important there should not be any reference between your statements and resume.
    Interview experience
    5
    Excellent
    Difficulty level
    Moderate
    Process Duration
    Less than 2 weeks
    Result
    Selected Selected

    I applied via Referral and was interviewed in Apr 2023. There were 2 interview rounds.

    Round 1 - Resume Shortlist 
    Pro Tip by AmbitionBox:
    Don’t add your photo or details such as gender, age, and address in your resume. These details do not add any value.
    View all tips
    Round 2 - One-on-one 

    (2 Questions)

    • Q1. Simple introduction Past job profile Past experience
    • Q2. Related to current position

    Interview Preparation Tips

    Interview preparation tips for other job seekers - Don't worry , If you can work in life insurance so you can selected
    Interview experience
    3
    Average
    Difficulty level
    Moderate
    Process Duration
    2-4 weeks
    Result
    Selected Selected

    I applied via Walk-in and was interviewed before Jul 2023. There were 2 interview rounds.

    Round 1 - Assignment 

    COLLECT DOCUMENTS FROM MARKET

    Round 2 - Group Discussion 

    SALES IN REVIEW MANNER

    Interview Preparation Tips

    Interview preparation tips for other job seekers - Hard
    Interview experience
    1
    Bad
    Difficulty level
    -
    Process Duration
    -
    Result
    -
    Round 1 - Technical 

    (2 Questions)

    • Q1. About marketing
    • Q2. About family background
    Interview experience
    4
    Good
    Difficulty level
    -
    Process Duration
    -
    Result
    Selected Selected

    I applied via Walk-in

    Round 1 - One-on-one 

    (1 Question)

    • Q1. Asked me about prevouse experience

    Edelweiss Life Insurance Interview FAQs

    How to prepare for Edelweiss Life Insurance Development Manager interview?
    Go through your CV in detail and study all the technologies mentioned in your CV. Prepare at least two technologies or languages in depth if you are appearing for a technical interview at Edelweiss Life Insurance. The most common topics and skills that interviewers at Edelweiss Life Insurance expect are Life Insurance, Insurance Sales, SAS SQL, ICF and Marking.

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    Edelweiss Life Insurance Development Manager Interview Process

    based on 1 interview

    Interview experience

    5
      
    Excellent
    View more
    Edelweiss Life Insurance Development Manager Salary
    based on 203 salaries
    ₹2.1 L/yr - ₹5.3 L/yr
    77% less than the average Development Manager Salary in India
    View more details

    Edelweiss Life Insurance Development Manager Reviews and Ratings

    based on 100 reviews

    4.2/5

    Rating in categories

    4.0

    Skill development

    4.0

    Work-life balance

    3.6

    Salary

    3.7

    Job security

    3.9

    Company culture

    3.9

    Promotions

    3.9

    Work satisfaction

    Explore 100 Reviews and Ratings
    Development Manager - Agency Channel

    Panaji,

    Nashik

    +1

    2-7 Yrs

    ₹ 1.5-2.5 LPA

    Development Manager - Agency Channel

    Navi Mumbai,

    Pune

    +1

    2-7 Yrs

    ₹ 2-3 LPA

    Development Manager

    Bhubaneswar

    1-2 Yrs

    ₹ 2.25-2.5 LPA

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