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Kotak Mahindara Life Insurance Sales Team Leader Interview Questions and Answers

Updated 18 Oct 2021

Kotak Mahindara Life Insurance Sales Team Leader Interview Experiences

1 interview found

I applied via Recruitment Consultant and was interviewed in Apr 2021. There were 3 interview rounds.

Interview Questionnaire 

2 Questions

  • Q1. If ypu have capacity to take over so much incentive then say yes and start your work with attractive attitude
  • Ans. Yes i have capacity to take over salary with so much incentive then ill be join duty from tomorrow morning. .
  • Answered Anonymously
  • Q2. Just collect your own best team and sale life insurance?
  • Ans. Ohh yes why not because team is like an 1st rope for success. .
  • Answered Anonymously

Interview Preparation Tips

Interview preparation tips for other job seekers - If you have any experience or fresher then just you have posetive attitudes to slov your queries. .

Interview questions from similar companies

Interview experience
2
Poor
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Apna Jobs and was interviewed in May 2024. There was 1 interview round.

Round 1 - HR 

(2 Questions)

  • Q1. What do you know about insurance? How us it important?
  • Ans. 

    Insurance is a financial product that provides protection against financial losses due to unexpected events.

    • Insurance is a contract between an individual or organization and an insurance company, where the individual or organization pays a premium in exchange for financial protection.

    • It is important because it helps individuals and organizations manage risk by transferring it to the insurance company.

    • Insurance provides...

  • Answered by AI
  • Q2. How to market insurance or any other service through social media?
  • Ans. 

    Utilize social media platforms to create engaging content, target specific demographics, and interact with potential customers.

    • Identify target audience and choose appropriate social media platforms

    • Create engaging content such as informative posts, videos, and infographics

    • Utilize targeted ads to reach specific demographics

    • Engage with followers through comments, messages, and live streams

    • Collaborate with influencers or p

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Its very long process
Firstly they take basic interview over zoom with approx 30-40 candidates.
Then, if you selected, you got mail.
Then training of 8 days and after that IRDAI Coduct one examination related to insurance and if you qualify you got license.


In internship, your profile will be Insurance consultant.
Then there will be internship ( paid) provided by bank itself in which you have to complete two assignments...

1. Recruit 4 candidates under you with the help of seniors
2. Do life insurance of 3 lakh rupees.
And then you become permanent employee as a sales team lead .and salary will be ( 12+7) 19k + incentives based on your performance.

Thank you.

Skills evaluated in this interview

Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(1 Question)

  • Q1. Tell me about your last company's working experience.
Round 2 - Technical 

(2 Questions)

  • Q1. What are the PAR and NON-PAR products in Life Insurance?
  • Ans. 

    PAR products refer to participating policies where policyholders receive bonuses, while NON-PAR products do not offer bonuses.

    • PAR products provide policyholders with bonuses based on the insurer's profits

    • Policyholders of NON-PAR products do not receive bonuses

    • PAR products typically have higher premiums compared to NON-PAR products

    • Examples of PAR products include whole life insurance and endowment plans

    • Examples of NON-P...

  • Answered by AI
  • Q2. Tell me about the ULIP and it's charges.
  • Ans. 

    ULIP is a type of insurance product that combines investment and insurance. It has various charges like premium allocation, fund management, mortality, etc.

    • ULIP stands for Unit Linked Insurance Plan

    • It offers both insurance coverage and investment options

    • Charges associated with ULIP include premium allocation charges, policy administration charges, fund management charges, mortality charges, etc.

    • Premium allocation charg...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - For ABSLI you should have a deep knowledge of Insurance and financial products.
Interview experience
3
Average
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Walk-in and was interviewed in May 2024. There were 2 interview rounds.

Round 1 - Group Discussion 

What work will she be ableto do? Than she hired me, and also did my job very well.

Round 2 - HR 

(3 Questions)

  • Q1. You have all the documents?
  • Q2. What i s your last CTC?
  • Q3. No othar question, i got the job within 10 days.

Interview Preparation Tips

Interview preparation tips for other job seekers - No.
Interview experience
1
Bad
Difficulty level
-
Process Duration
-
Result
-
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 tips
Round 2 - One-on-one 

(4 Questions)

  • Q1. Tell us about your performance in your current organization?
  • Q2. Family background & Your goal after 5years ?
  • Q3. Highest tickets size closure?
  • Ans. 

    Closed a deal worth $500,000 with a major client in the previous quarter.

    • Closed a deal worth $500,000 with XYZ Company in Q3.

    • Negotiated a contract worth $750,000 with ABC Corporation.

    • Secured a deal for $600,000 with DEF Ltd in the last fiscal year.

  • Answered by AI
  • Q4. Did you qualified for any foreign trip?

Interview Preparation Tips

Interview preparation tips for other job seekers - Don't join sbi life.... Worst work culture.
Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Don’t add your photo or details such as gender, age, and address in your resume. These details do not add any value.
View all tips
Round 2 - One-on-one 

(1 Question)

  • Q1. Go with your knowledge not with your products
Round 3 - HR 

(2 Questions)

  • Q1. What are your salary expectations?
  • Q2. Share details of your previous job.

Interview Preparation Tips

Interview preparation tips for other job seekers - Always with positive and good attire.

I applied via Referral and was interviewed in Nov 2021. There was 1 interview round.

Round 1 - One-on-one 

(1 Question)

  • Q1. How many advisor team will you build ?

Interview Preparation Tips

Interview preparation tips for other job seekers - Build a good advisor team and generate revenue. There are good trainers and wonderful goals. Good experience. Best of luck.

I applied via Referral and was interviewed in Sep 2021. There was 1 interview round.

Interview Questionnaire 

1 Question

  • Q1. What do u know about job description?
  • Ans. I said yes sir, I know about the job well.. and it's a health insurance policy and if our client any one had meet a accident or any kind of health issues we need to help us and we can claim there health policy and it will be cost reduced by our team.
  • Answered by s k

Interview Preparation Tips

Interview preparation tips for other job seekers - Well I know some kind of health insurance policy and it will use in our future

I applied via Naukri.com and was interviewed in Dec 2021. There was 1 interview round.

Round 1 - HR 

(1 Question)

  • Q1. Why should i hire you

Interview Preparation Tips

Interview preparation tips for other job seekers - keep formals and negotiation skills

Sales Manager Interview Questions & Answers

Reliance Nippon Life Insurance user image Alapana venkata lakshmi sai Sruthi

posted on 28 Oct 2021

I applied via Referral and was interviewed in Sep 2021. There was 1 interview round.

Interview Questionnaire 

3 Questions

  • Q1. What's the role of your previous job? Explain it briefly. What you used to do?
  • Q2. Why our company?
  • Q3. What's your strength and weakness ?

Interview Preparation Tips

Interview preparation tips for other job seekers - Have to start in a pitch, which will be continued throughout the session

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Kotak Mahindara Life Insurance Sales Team Leader Salary
based on 5 salaries
₹1.2 L/yr - ₹7.3 L/yr
27% less than the average Sales Team Leader Salary in India
View more details

Kotak Mahindara Life Insurance Sales Team Leader Reviews and Ratings

based on 2 reviews

2.7/5

Rating in categories

3.2

Skill development

3.7

Work-life balance

3.1

Salary

3.1

Job security

3.1

Company culture

4.5

Promotions

2.7

Work satisfaction

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