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Kotak Mahindara Life Insurance Relationship Manager Interview Questions and Answers

Updated 9 Feb 2024

Kotak Mahindara Life Insurance Relationship Manager Interview Experiences

4 interviews found

Interview experience
1
Bad
Difficulty level
-
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Recruitment Consulltant and was interviewed in Dec 2022. There were 2 interview rounds.

Round 1 - Aptitude Test 

I want to attand Aptitude test

Round 2 - HR 

(2 Questions)

  • Q1. About my previous experience and expectations of salary
  • Q2. About my profile and current salary expectations

Interview Preparation Tips

Interview preparation tips for other job seekers - I want to given online interview ..because I am in Pune right now.
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Naukri.com and was interviewed before Feb 2023. There were 2 interview rounds.

Round 1 - Case Study 

Situational based solutions

Round 2 - One-on-one 

(4 Questions)

  • Q1. Experience based question
  • Q2. How is the market of Kolhapur as per xyz Industry is concern
  • Ans. 

    The market of Kolhapur in the xyz industry is growing steadily with increasing demand and competition.

    • Kolhapur has a strong presence of xyz industry with several established companies operating in the region.

    • The market is witnessing a steady growth rate due to the rising demand for xyz products/services.

    • Competition in the market is also increasing with new players entering the industry.

    • Kolhapur's strategic location and...

  • Answered by AI
  • Q3. How to deal with client when company's products price are higher than competition
  • Ans. 

    When dealing with clients in a situation where the company's products are priced higher than the competition, it is important to focus on the value and unique selling points of the products.

    • Highlight the superior quality, features, and benefits of the products

    • Emphasize the long-term cost savings and return on investment

    • Offer personalized solutions and customization options

    • Provide exceptional customer service and after-...

  • Answered by AI
  • Q4. Which type of sales can boost the business
  • Ans. 

    Different types of sales that can boost the business include upselling, cross-selling, referral sales, and repeat sales.

    • Upselling involves persuading customers to purchase a higher-priced product or service.

    • Cross-selling involves offering complementary products or services to customers who have already made a purchase.

    • Referral sales involve leveraging existing customers to refer new customers to the business.

    • Repeat sal...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Make your resume strong
Be short and specific with your answers
Be well groomed, clean shaved, and have decent personality

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I was interviewed in Nov 2022.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all Resume tips
Round 2 - HR 

(2 Questions)

  • Q1. What is your qualifications
  • Q2. Tell me about your family
Round 3 - HR 

(1 Question)

  • Q1. Why choose this field?

Interview Preparation Tips

Interview preparation tips for other job seekers - Tell all the answers correctly, 1st round is telephonic interview and second round is f2f
Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all Resume tips
Round 2 - One-on-one 

(2 Questions)

  • Q1. Basic Personal Details
  • Q2. About Your Self , About Last Working

Interview Preparation Tips

Interview preparation tips for other job seekers - Be Confident , Always Give Positive Answers and get knowledge about insurance sector.

Kotak Mahindara Life Insurance interview questions for designations

 Key Relationship Manager

 (1)

 Associate Relationship Manager

 (1)

 Premia Relationship Manager

 (1)

 Premier Relationship Manager

 (1)

 Sales Development Manager

 (2)

 Branch Sales Manager

 (1)

 Sales Manager Bancassurance

 (1)

 Associate Agency Development Manager

 (2)

Relationship Manager Jobs at Kotak Mahindara Life Insurance

View all

Interview questions from similar companies

Interview Questionnaire 

5 Questions

  • Q1. What is mwpa
  • Ans. 

    MWPA stands for Married Women's Property Act.

    • MWPA is a legal act that grants certain property rights to married women.

    • It was enacted to protect the property rights of married women.

    • Under MWPA, a married woman can hold, control, and dispose of her property independently.

    • It ensures that a married woman's property is not automatically transferred to her husband upon marriage.

    • MWPA also provides safeguards against fraudulen...

  • Answered by AI
  • Q2. Why you left your job
  • Ans. 

    Seeking new challenges and opportunities for growth

    • Desire for career advancement

    • Looking for a new challenge

    • Seeking better work-life balance

    • Company restructuring or downsizing

    • Relocation to a new area

  • Answered by AI
  • Q3. What is insurable intrest
  • Ans. 

    Insurable interest refers to the financial or pecuniary interest that a person has in the subject matter of an insurance policy.

    • Insurable interest is the stake or financial interest that a person has in the insured property or person.

    • It is necessary for a valid insurance contract as it ensures that the policyholder will suffer a financial loss if the insured event occurs.

    • Examples of insurable interest include owning a ...

  • Answered by AI
  • Q4. Charges of ulip
  • Ans. 

    ULIP charges refer to the fees and expenses associated with investing in a Unit Linked Insurance Plan.

    • ULIP charges include premium allocation charges, policy administration charges, fund management charges, mortality charges, and surrender charges.

    • Premium allocation charges are deducted from the premium paid by the policyholder and are used to cover initial expenses.

    • Policy administration charges are levied for the main...

  • Answered by AI
  • Q5. How will you prove you as a investment adviser
  • Ans. 

    I will prove myself as an investment adviser through my track record of successful investment strategies, in-depth knowledge of financial markets, and ability to build strong client relationships.

    • Demonstrate a history of successful investment recommendations and portfolio management

    • Showcase expertise in analyzing financial markets and identifying profitable opportunities

    • Highlight strong communication and relationship-b...

  • Answered by AI

I applied via Naukri.com and was interviewed in Oct 2019. There were 7 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. I have no question because I love Max life insurance and love Forever.

Interview Preparation Tips

Interview preparation tips for other job seekers - Interview is very marvelous and also very interesting because most of coleage is very intelligent and mostly I love this people because they are polished in their field.

I applied via Naukri.com and was interviewed before Aug 2020. There was 1 interview round.

Interview Questionnaire 

2 Questions

  • Q1. Why joined in Bajaj Allianz Life insurance company Ltd
  • Q2. Because comapny is very good

Interview Preparation Tips

Interview preparation tips for other job seekers - Good company policies are awesome

Interview Questionnaire 

2 Questions

  • Q1. Tell me your self
  • Q2. Experience

I applied via Referral and was interviewed before Jul 2021. There were 2 interview rounds.

Round 1 - HR 

(1 Question)

  • Q1. HR asked me about my previous role, my ctc expected ctc joining date etc.
Round 2 - L2 

(1 Question)

  • Q1. My L2 checked my knowledge asked me about product details etc.

Interview Preparation Tips

Interview preparation tips for other job seekers - Bajaj Allianz is great to be worked with i have some reasons to be moved else i won't left the company because its amazing to be worked there. they don't pressurize you they make you free do things by your own, feel free do/manage things like you wants to do. they guide you as well. but everything should be in the limit.
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Selected Selected

I applied via Naukri.com and was interviewed before Feb 2022. There were 2 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all Resume tips
Round 2 - HR 

(2 Questions)

  • Q1. Why Max Life?how did u come to know about us?
  • Q2. Say something about yourself

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident and be honest to the interviewer also be prepared about why u r leaving the last organization.
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Kotak Mahindara Life Insurance Interview FAQs

How many rounds are there in Kotak Mahindara Life Insurance Relationship Manager interview?
Kotak Mahindara Life Insurance interview process usually has 2-3 rounds. The most common rounds in the Kotak Mahindara Life Insurance interview process are Resume Shortlist, HR and One-on-one Round.
How to prepare for Kotak Mahindara Life Insurance Relationship 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 Kotak Mahindara Life Insurance. The most common topics and skills that interviewers at Kotak Mahindara Life Insurance expect are Field Sales, Life Insurance, Sales, direct marketing and Relationship Management.
What are the top questions asked in Kotak Mahindara Life Insurance Relationship Manager interview?

Some of the top questions asked at the Kotak Mahindara Life Insurance Relationship Manager interview -

  1. How is the market of Kolhapur as per xyz Industry is conc...read more
  2. How to deal with client when company's products price are higher than competiti...read more
  3. Which type of sales can boost the busin...read more

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Kotak Mahindara Life Insurance Relationship Manager Interview Process

based on 5 interviews

1 Interview rounds

  • Resume Shortlist Round
View more
Kotak Mahindara Life Insurance Relationship Manager Salary
based on 175 salaries
₹1.8 L/yr - ₹7 L/yr
28% less than the average Relationship Manager Salary in India
View more details

Kotak Mahindara Life Insurance Relationship Manager Reviews and Ratings

based on 37 reviews

3.7/5

Rating in categories

3.4

Skill development

3.5

Work-life balance

3.3

Salary

3.7

Job security

3.2

Company culture

3.3

Promotions

3.1

Work satisfaction

Explore 37 Reviews and Ratings
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