ICICI Prudential Life Insurance Unit Manager Interview Questions, Process, and Tips

In five years, I envision myself as a highly skilled and influential Unit Manager within your company, having built a strong network and contributing to its growth and success.

• I plan to continuously develop my skills and knowledge through training and professional development opportunities provided by the company.

• I will actively seek out opportunities to take on additional responsibilities and projects to demonstrate m...read more

Yes, I have knowledge about insurance.

• I have experience in managing insurance policies for clients.

• I am familiar with different types of insurance such as life, health, auto, and property.

• I understand the importance of risk assessment and underwriting in the insurance industry.

• I am knowledgeable about insurance regulations and compliance requirements.

• I have worked with insurance claims and have experience in resolving ...read more

Selling products requires understanding the customer's needs and demonstrating how the product can fulfill those needs.

• Research the target audience and their needs

• Highlight the unique features and benefits of the product

• Use persuasive language and storytelling to create an emotional connection

• Offer promotions or discounts to incentivize purchase

• Provide excellent customer service to build trust and loyalty

Yes, agency channel refers to the distribution of insurance products through independent agents or brokers.

• Agency channel is a common distribution model in the insurance industry

• Independent agents or brokers sell insurance products on behalf of insurance companies

• Agents or brokers earn commissions on the policies they sell

• Agency channel allows insurance companies to reach a wider customer base

• Examples of insurance prod...read more

Yes, we have a market.

• Our market consists of individuals and businesses in the local area.

• We have identified specific target demographics and have developed marketing strategies to reach them.

• Our market research indicates a growing demand for our products/services.

• We also have plans to expand our market reach through online channels and partnerships with other businesses.

• Our sales team has been successful in building r...read more