ICICI Lombard General Insurance Company Marketing Manager Interview Questions and Answers

Q1. How would you achieve your target?
Ans. If i have zeal to achieve the same , i will achieve
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Q2. Whatdo you think on team work
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Q3. What do you know regarding gic market?
Ans. 
GIC market refers to the market for Guaranteed Investment Certificates, which are low-risk investments offered by financial institutions.
• GICs are fixed-term investments that guarantee a specific rate of return over a set period of time.

• They are typically offered by banks, credit unions, and trust companies.

• GICs are considered low-risk investments as they are insured by the CDIC or provincial deposit insurance programs.

• ...read more
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Q4. How agents work in your market
Ans. 
Agents in our market work independently but collaborate on larger deals
• Agents in our market typically work independently to find and close deals

• However, they often collaborate on larger deals that require more resources or expertise

• Agents may share leads or work together on marketing efforts to attract more clients

• Some agents specialize in certain types of properties or clients, while others have a more general focus
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Q1. Questions regarding previous experience and reason for change
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How to convince a customer within 1 mts

Q1. Tell me about yourself.
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Q2. Can you describe your past professional experiences?
Ans. 
I have over 10 years of experience in sales management, leading teams to exceed targets and drive revenue growth.
• Led a sales team of 15 members to consistently exceed quarterly targets by 20%

• Implemented new sales strategies that resulted in a 30% increase in revenue within the first year

• Developed and maintained strong relationships with key clients, resulting in repeat business and referrals
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Q1. What questions were asked regarding sales?
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Q2. What are your achievements in the past?
Ans. 
I have consistently exceeded sales targets by 20% for the past three years.
• Consistently exceeded sales targets by 20% for the past three years

• Implemented new sales strategies that resulted in a 30% increase in revenue

• Led a team that achieved the highest sales numbers in company history
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Understanding of sales and the responsibilities associated with the job role.

Q1. What can you tell me about the salary package?
Ans. 
The salary package includes a base salary, commission structure, benefits, and potential for bonuses.
• Base salary is typically a fixed amount paid regularly, while commission is based on sales performance.

• Benefits may include health insurance, retirement plans, and paid time off.

• Bonuses are additional payments based on meeting or exceeding sales targets.

• Negotiation for salary package is common during the hiring process.
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