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HDFC Life Business Development Manager Interview Questions, Process, and Tips
Top HDFC Life Business Development Manager Interview Questions and Answers
- Q1. What do you know about life insurance? How u will deal with customer? Ready a prospect lost
- Q2. Are you comfortable in selling insurance products through agents ?
- Q3. What is lock-in period and free look period
HDFC Life Business Development Manager Interview Experiences
69 interviews found
Anonymous
Selected
I applied via Naukri.com and was interviewed in Jun 2024. There were 4 interview rounds.
(3 Questions)
- Q1. Why we choose you ? We have already got 20 resume before you ?
- Q2. Why you want to leave your past job and industry you come ?
- Q3. It's comfortable with you in sales field ?
It's basic level test paper give. To me for fill 60 questions in 1 hour for general information
Description for job roal and also what is my role in this job
(2 Questions)
- Q1. If you selected how much time you need to join ?
- Q2. Our training is Mumbai if you select today you have to go today night if you want to joining is it comfortable for you ?
Interview Preparation Tips
IF YOU have ability you can got 2 promotion in 1year complete sales criteria in 1year
For my suggestion if you want to check me a brand name definitely join and get promotion hear I am getting first promotion with in 5 month so you can also . But hear 🙉 have privious experience in marketing and also real-estate market so I have enough data to getting basic level work so you must be study and work accordingly
Selected
I appeared for an interview before Apr 2024, where I was asked the following questions.
- Q1. Tell me about your self?
- Q2. Why do you want to join this company
- Q3. What is insurance
- Ans.
Insurance is a financial arrangement that provides protection against potential future losses or risks.
Insurance involves a contract (policy) between an insurer and the insured.
Premiums are paid by the insured to maintain coverage.
In case of a covered event, the insurer compensates the insured for losses.
Examples include health insurance, auto insurance, and life insurance.
Insurance helps mitigate financial risks assoc
- Q4. What is your future goal that you want to achieve?
- Ans.
My future goal is to lead innovative business strategies that drive growth and foster sustainable partnerships in the industry.
Develop and implement strategic partnerships that enhance market reach, similar to how I helped a previous employer increase their market share by 20%.
Focus on continuous learning and professional development, aiming to obtain certifications in business strategy and negotiation.
Aspire to take o...
- Q5. Previous job related questions
Selected
I applied via Naukri.com and was interviewed in Dec 2024. There were 2 interview rounds.
(2 Questions)
- Q1. Work experience Qualification Question related insurance sector Team handling questions
- Q2. Here test taken
Reasoning
Maths
English
Prakhar Kesharwani
(2 Questions)
- Q1. What is your family background
- Q2. Your previous experience
Interview Preparation Tips
HDFC Life interview questions for designations
(2 Questions)
- Q1. Self introduction
- Q2. Previous employers
Get interview-ready with Top HDFC Life Interview Questions
(5 Questions)
- Q1. What is Life insurance important
- Ans.
Life insurance is important because it provides financial protection and peace of mind for individuals and their families.
Provides financial security in case of unexpected events such as death or disability
Helps cover funeral expenses and outstanding debts
Ensures the well-being of dependents by replacing lost income
Can be used to fund education or retirement plans
Offers tax benefits and cash value accumulation in certa
- Q2. Types of Life insurance
- Ans.
Life insurance provides financial protection to beneficiaries in the event of the insured person's death.
Term life insurance: Provides coverage for a specific term or period of time.
Whole life insurance: Offers coverage for the entire lifetime of the insured person.
Universal life insurance: Combines a death benefit with a savings component.
Variable life insurance: Allows policyholders to invest the cash value of their ...
- Q3. HDFC full form and IRDAI full form
- Ans.
HDFC stands for Housing Development Finance Corporation and IRDAI stands for Insurance Regulatory and Development Authority of India.
HDFC is a leading financial institution in India that specializes in housing finance.
IRDAI is the regulatory body that oversees the insurance industry in India.
HDFC provides various financial services including home loans, insurance, and banking.
IRDAI ensures the protection of policyholde...
- Q4. Income tax slab
- Q5. What is lock-in period and free look period
- Ans.
Lock-in period is a predetermined time during which an individual or entity is restricted from making certain changes or actions. Free look period is a specified duration during which a customer can review and cancel a contract without any penalties.
Lock-in period restricts changes or actions for a specific time
Free look period allows customers to review and cancel contracts without penalties
Lock-in period is common in...
Interview Preparation Tips
Business Development Manager Jobs at HDFC Life
Selected
I appeared for an interview in Sep 2024, where I was asked the following questions.
- Q1. What is insurance
- Q2. How you sale insurance
Business Development Manager Interview Questions & Answers
Quazi Nomanuddin (QMN)
posted on 9 Jul 2024
THERE WAS SOME LOGICAL QUESTIONS OF MATHEMATICS BE CAREFUL AND THERE WAS SOME STOCK MARKET QUESTIONS
(3 Questions)
- Q1. TELL ME ABOUT YOURSELF
- Q2. WHAT IS YOUR FATHER'S BUSINESS
- Q3. TELL ME ABOUT YOUR PAST EXPERIENCE
Interview Preparation Tips
Selected
I applied via Recruitment Consulltant and was interviewed in Mar 2024. There were 3 interview rounds.
(1 Question)
- Q1. Induction question About your last pervious and current work experience related
(1 Question)
- Q1. Senior Manager round
(1 Question)
- Q1. Assignment exam
Selected
I applied via Walk-in and was interviewed in Nov 2023. There were 3 interview rounds.
(1 Question)
- Q1. Your introduction what is your weeknes what is your strengths atc
A online exam have to pass
(1 Question)
- Q1. Your last job experience
Top trending discussions
HDFC Life Interview FAQs
Some of the top questions asked at the HDFC Life Business Development Manager interview -
The duration of HDFC Life Business Development Manager interview process can vary, but typically it takes about less than 2 weeks to complete.
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HDFC Life Business Development Manager Interview Process
based on 68 interviews
4 Interview rounds
- Resume Shortlist Round
- Aptitude Test Round - 1
- Personal Interview1 Round
- Aptitude Test Round - 2
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HDFC Life Business Development Manager Reviews and Ratings
based on 887 reviews
Rating in categories
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Senior Corporate Agency Manager
1.9k
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|  ₹2.8 L/yr - ₹6 L/yr |
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Corporate Agency Manager
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| ₹1.8 L/yr - ₹5.1 L/yr |
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Business Development Manager
1.4k
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| ₹1.8 L/yr - ₹5 L/yr |
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| ₹3 L/yr - ₹7 L/yr |
|
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salaries
| ₹1.5 L/yr - ₹4.6 L/yr |
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