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Liberty General Insurance Business Development Manager Interview Questions and Answers

Updated 11 Apr 2024

Liberty General Insurance Business Development Manager Interview Experiences

1 interview found

Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Referral and was interviewed in Mar 2024. There was 1 interview round.

Round 1 - One-on-one 

(1 Question)

  • Q1. Why do what to change the job

Interview Preparation Tips

Interview preparation tips for other job seekers - Good

Interview questions from similar companies

I applied via Recruitment Consulltant and was interviewed before Sep 2021. There were 3 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 tips
Round 2 - HR 

(5 Questions)

  • Q1. Tell something about yourself ?
  • Q2. How you will generate business and agents ?
  • Ans. 

    I will generate business and agents through networking, referrals, and targeted marketing strategies.

    • Networking with industry professionals and attending relevant events

    • Asking for referrals from satisfied clients and partners

    • Creating targeted marketing campaigns through social media and email marketing

    • Offering incentives for agents to join and refer others

    • Providing excellent customer service to retain clients and agent

  • Answered by AI
  • Q3. How many agents did you recruit in your last company ?
  • Q4. What is your business focus , motor or non motor?
  • Q5. Share some ideas of agents retaining ?
  • Ans. 

    Agents can be retained by providing incentives, offering training and support, creating a positive work environment, and recognizing their achievements.

    • Offering competitive compensation and benefits packages

    • Providing opportunities for career growth and development

    • Offering ongoing training and support to help agents improve their skills

    • Creating a positive work environment that fosters collaboration and teamwork

    • Recognizi...

  • Answered by AI
Round 3 - Group Discussion 

Group discussion with Area manager and HR about working style & lead generation on agents .

Interview Preparation Tips

Topics to prepare for Future Generali India Life Insurance Business Development Manager interview:
  • Lead Generation
  • Agent Recruitment
  • Business Generation
  • Focused on non motor and schoolbus
Interview preparation tips for other job seekers - This company don't have good working culture .

I applied via Referral and was interviewed before Dec 2020. There were 5 interview rounds.

Interview Questionnaire 

3 Questions

  • Q1. Why you are interested to work with this brand?
  • Q2. Describe yourself along with your past experience
  • Q3. Why we should give you the opportunity?

Interview Preparation Tips

Interview preparation tips for other job seekers - 1) Your answer should be clear with logical end and with full of confidence.
2) Never tell lie or don't hide anything.
3) Don't be an oversmart, not trying to pretend that you know everything, confess to interviewer that you don't know the answer.
4) Always remember 2 positive and 2 negative things for yourself.
5) Wearing formal shirt and pant for male and salwar or saree for female.
6) Depth knowledge about the stream/dept, where you are applied for..

I applied via Recruitment Consultant and was interviewed in Feb 2020. There were 3 interview rounds.

Interview Questionnaire 

4 Questions

  • Q1. Have heard about section 80C, 10(10d)?
  • Ans. 

    Yes, section 80C and 10(10d) are provisions of the Indian Income Tax Act.

    • Section 80C provides deductions for certain investments and expenses.

    • Section 10(10d) provides exemptions for life insurance payouts.

    • Both sections are relevant for tax planning and savings in India.

  • Answered by AI
  • Q2. How life insurance different from other general insurance?
  • Ans. 

    Life insurance provides financial protection in case of death, while general insurance covers loss or damage to property or assets.

    • Life insurance provides a lump sum payment to beneficiaries upon the death of the insured.

    • General insurance covers loss or damage to property or assets, such as car insurance or home insurance.

    • Life insurance is typically a long-term investment, while general insurance is usually short-term.

    • ...

  • Answered by AI
  • Q3. Why you have chosen Life insurance industry instead of others?
  • Q4. What are types of life insurance products?
  • Ans. 

    Types of life insurance products include term life, whole life, universal life, and variable life.

    • Term life insurance provides coverage for a specific period of time.

    • Whole life insurance provides coverage for the entire life of the insured and builds cash value over time.

    • Universal life insurance offers flexibility in premium payments and death benefits.

    • Variable life insurance allows policyholders to invest in various i

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident, have sound knowledge of industry in which you are going to apply and also get ready to answer all the things which you have mentioned in your CV.

I applied via Walk-in and was interviewed in Jul 2021. There was 1 interview round.

Interview Questionnaire 

1 Question

  • Q1. Simple questions like, what is your skills. Personal info. Work experience & how to deal with agents. & What about plan for target.

Interview Preparation Tips

Interview preparation tips for other job seekers - Honestly presentation of yourself. This is very little, & smooth interview be confidant. Good luck for your future.

Interview Questionnaire 

1 Question

  • Q1. Discussion about experience, achievements, salary and package

Interview Preparation Tips

Round: Resume Shortlist
Experience: Experience, knowledge of content, reference , Appearance,

Round: Test
Experience: Aptitude & reasoning test

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

Round 1 - Aptitude Test 
Round 2 - HR 

(8 Questions)

  • Q1. What is your family background?
  • Ans. 

    My family background is diverse and has shaped my values and work ethic.

    • My parents come from different cultural backgrounds, which has exposed me to different perspectives and ways of thinking.

    • Growing up, my family emphasized the importance of education and hard work.

    • My siblings and I were encouraged to pursue our passions and strive for excellence.

    • My father worked in the business field, which sparked my interest in bu...

  • Answered by AI
  • Q2. What are your salary expectations?
  • Q3. Share details of your previous job.
  • Q4. Why should we hire you?
  • Q5. Why are you looking for a change?
  • Q6. Where do you see yourself in 5 years?
  • Q7. What are your strengths and weaknesses?
  • Q8. Tell me about yourself.

Interview Preparation Tips

Interview preparation tips for other job seekers - You must have good nature and behaviour to work in banca
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 - HR 

(3 Questions)

  • Q1. Where do you see yourself in 5 years?
  • Ans. 

    In 5 years, I see myself leading a team of successful business development professionals, driving growth and expanding the company's market presence.

    • Leading a team of business development professionals

    • Driving growth and expanding market presence

    • Achieving targets and exceeding expectations

    • Building strong relationships with clients and partners

    • Continuously learning and adapting to industry trends

  • Answered by AI
  • Q2. What are your strengths and weaknesses?
  • Ans. 

    My strengths include strong communication skills, strategic thinking, and relationship building. My weaknesses include impatience with slow decision-making and a tendency to take on too many tasks.

    • Strength: Strong communication skills - I am able to effectively convey ideas and negotiate with clients.

    • Strength: Strategic thinking - I can analyze market trends and develop innovative business strategies.

    • Strength: Relation...

  • Answered by AI
  • Q3. Tell me about yourself.
  • Ans. 

    Experienced business development manager with a proven track record in driving revenue growth and forging strategic partnerships.

    • 10+ years of experience in business development

    • Successfully increased sales by 30% in previous role

    • Developed and executed strategic plans to expand market share

    • Negotiated and closed high-value contracts with key clients

    • Built and maintained strong relationships with industry stakeholders

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - No advice for job seekers...............
Interview experience
3
Average
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Referral and was interviewed before Apr 2023. There were 2 interview rounds.

Round 1 - Aptitude Test 

MCQ ARE THERE TO JUDGE LOGICAL AND MATHEMATICAL ABILITY.

Round 2 - One-on-one 

(2 Questions)

  • Q1. Questions regarding devemmlopnent of business
  • Q2. How will you sell product
  • Ans. 

    I will sell the product by identifying customer needs, showcasing product benefits, building relationships, and closing deals.

    • Identify customer needs and pain points

    • Showcase product benefits and features

    • Build relationships with potential clients

    • Close deals by addressing objections and providing solutions

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Need to be very open and broad thinking

I applied via Referral and was interviewed in Jul 2022. There was 1 interview round.

Round 1 - One-on-one 

(2 Questions)

  • Q1. About insurance addon product
  • Q2. About your last experiences and qualifications

Interview Preparation Tips

Interview preparation tips for other job seekers - Don't join future Generali currently due to company has stopped doing Motor business from all vertical and now it's become only health company.

Liberty General Insurance Interview FAQs

How many rounds are there in Liberty General Insurance Business Development Manager interview?
Liberty General Insurance interview process usually has 1 rounds. The most common rounds in the Liberty General Insurance interview process are One-on-one Round.

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Liberty General Insurance Business Development Manager Interview Process

based on 1 interview

Interview experience

5
  
Excellent
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