Future Generali India Life Insurance Business Development Manager Interview Questions, Process, and Tips

Q1. Tell me about yourself
Ans. 
Experienced business development professional with a track record of driving revenue growth and building strong client relationships.
• Over 5 years of experience in business development roles

• Proven ability to identify new business opportunities and develop strategic partnerships

• Strong communication and negotiation skills

• Successfully increased sales by 30% in previous role

• MBA in Business Administration
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Q2. Why do you want to leave present organization where you are right now working
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Q1. Tell me about yourself
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Business understanding test & behaviour testing during the GD , they want to find out if you are a problem solver person . So focus on words and tell them solutions and your work nature .

Q1. Business Development discussion specially how you will grow your business.
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Q2. How you will recruit business partners or advisors ? There is lots of competition in the market what are the specific talent you have that advisors will work with you ?
Ans. 
I will recruit business partners or advisors through networking, targeted outreach, and showcasing the benefits of working with me.
• Utilize networking events and industry conferences to connect with potential partners

• Implement targeted outreach campaigns to reach out to specific individuals or companies that align with our goals

• Highlight the unique value proposition and benefits of partnering with me to attract advisors

• ...read more
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Q3. How much your last business figure in previous company?
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Q4. Do you know this city market and behavior ?
Ans. 
Yes, I have extensive knowledge of the city market and consumer behavior.
• I have conducted market research in this city to understand consumer preferences and trends.

• I have developed successful business strategies based on the behavior of the local market.

• I have built strong relationships with key stakeholders in the city to drive business growth.

• I am familiar with the competitive landscape and have identified opportuni...read more
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Q1. Tell something about yourself ?
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Q2. How you will generate business and agents ?
Ans. 
I will generate business and agents through networking, referrals, and targeted marketing strategies.
• Networking with industry professionals and attending relevant events

• Asking for referrals from satisfied clients and partners

• Creating targeted marketing campaigns through social media and email marketing

• Offering incentives for agents to join and refer others

• Providing excellent customer service to retain clients and agent
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Q3. How many agents did you recruit in your last company ?
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Q4. What is your business focus , motor or non motor?
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Q5. Share some ideas of agents retaining ?
Ans. 
Agents can be retained by providing incentives, offering training and support, creating a positive work environment, and recognizing their achievements.
• Offering competitive compensation and benefits packages

• Providing opportunities for career growth and development

• Offering ongoing training and support to help agents improve their skills

• Creating a positive work environment that fosters collaboration and teamwork

• Recognizi...read more
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Group discussion with Area manager and HR about working style & lead generation on agents .