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Max Life Insurance Insurance Manager Interview Questions and Answers

Updated 7 Jan 2024

Max Life Insurance Insurance Manager Interview Experiences

2 interviews found

Insurance Manager Interview Questions & Answers

user image Mukesh Bhagat

posted on 3 Oct 2023

Interview experience
3
Average
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Recruitment Consulltant and was interviewed before Oct 2022. There were 3 interview rounds.

Round 1 - One-on-one 

(4 Questions)

  • Q1. Tell about previous company?
  • Q2. What you know about current job role
  • Q3. Family background
  • Q4. About Incentive in prevoius organization.
Round 2 - One-on-one 

(4 Questions)

  • Q1. Why you want to join Max life
  • Q2. Why you want to leave current organization
  • Q3. What is your business achievement against target
  • Q4. How many clients you are connected to onboard Max life.
  • Ans. 

    I am currently connected to 150 clients onboard Max Life.

    • I have successfully onboarded 150 clients with Max Life insurance.

    • I have built strong relationships with these clients to ensure their insurance needs are met.

    • I regularly communicate with these clients to provide updates and address any concerns.

    • I have helped these clients navigate the insurance process and make informed decisions about their coverage.

  • Answered by AI
Round 3 - HR 

(3 Questions)

  • Q1. Tell achievement and incentive in prevoius organization
  • Q2. What is your salary expectation here
  • Q3. When you can join

Interview Preparation Tips

Interview preparation tips for other job seekers - Come clean shaved, good attire, shoes and cloth, never tells your weakness, family should be in well financial status in interview to get hired quickly.

Insurance Manager Interview Questions & Answers

user image Nidhika Saxena

posted on 7 Jan 2024

Interview experience
4
Good
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Naukri.com and was interviewed in Jul 2023. There was 1 interview round.

Round 1 - HR 

(1 Question)

  • Q1. He said to me that I would have to go for meetings from client one, two & three places in a day
  • Ans. I was answered that I want to work at fix place and on fix desk related to backend process or in banking field as show in my resume or more than better from it, nearby my area so that I can travel regularly in a day like Delhi, Noida, Gurgaon etc.
  • Answered by Nidhika Saxena

Interview Preparation Tips

Topics to prepare for Max Life Insurance Insurance Manager interview:
  • Realated to banking field
  • Backend process
Interview preparation tips for other job seekers - My short term goel is to get a job in reputed company like Genpact, Wipro, IBM etc. and my long term goel is to achieve a good position where I can build myself and help the organisation too. I have need training who taught me very well, patiently and in simple way or simple language yet it is English or Hindi. I have ready to learn new things which can progress in my job post, salary and build my career for my best future. I have never want to change of my job field but related to this type of job(Please consider this). My last salary near about 20,000 rps in per month and my expectation salary 35000 rps in per month.

Insurance Manager Interview Questions Asked at Other Companies

Q1. How many clients you are connected to onboard Max life.
asked in Flipkart
Q2. Being vendor manager, how will you work on issues at hand.
Q3. How to pitch to customer for insurance renewal.
asked in Flipkart
Q4. How will you negotiate to improve your commissions on sales
Q5. tell me about life insurance and ther type

Interview questions from similar companies

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

(5 Questions)

  • Q1. Tell me about life insurance and ther type
  • Ans. 

    Life insurance provides financial protection to beneficiaries in the event of the insured's death.

    • Life insurance pays out a lump sum to beneficiaries upon the insured's death.

    • There are different types of life insurance, including term life, whole life, and universal life.

    • Term life insurance provides coverage for a specific period of time, while whole life insurance covers the insured for their entire life.

    • Universal lif...

  • Answered by AI
  • Q2. Which kind of insurance policy they can sale
  • Q3. What is the life insurance
  • Ans. 

    Life insurance is a financial product that provides a lump sum payment to beneficiaries upon the insured person's death.

    • Life insurance provides financial protection for loved ones in the event of the insured person's death.

    • Premiums are paid regularly to maintain the policy, and the payout amount is determined by the policy terms.

    • There are different types of life insurance policies, such as term life, whole life, and un...

  • Answered by AI
  • Q4. Tell me why to join the bajaj allize life insurance
  • Q5. How many type of bajaj alllize insurnce
  • Ans. 

    There are multiple types of Bajaj Allianz insurance, including health insurance, motor insurance, travel insurance, home insurance, and life insurance.

    • Health insurance

    • Motor insurance

    • Travel insurance

    • Home insurance

    • Life insurance

  • Answered by AI
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - HR 

(2 Questions)

  • Q1. Why ICICI prudential
  • Q2. Why you quit your last job

Interview Preparation Tips

Interview preparation tips for other job seekers - Agar aap ICICI prudential ke employ ho gaye hain to isase acchi company koi nahin hai aap yahin per Bane rahe kam Karen carier growth isase bhitar kahin nahin hai
Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-

I applied via Referral and was interviewed in Dec 2023. There was 1 interview round.

Round 1 - One-on-one 

(1 Question)

  • Q1. Related insurance 2 year past experience compulsory
Interview experience
5
Excellent
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Not Selected

I applied via Naukri.com and was interviewed in Dec 2024. There were 2 interview rounds.

Round 1 - One-on-one 

(2 Questions)

  • Q1. What factors influenced your decision to choose this company?
  • Q2. What is the total number of employees in the company?
Round 2 - HR 

(2 Questions)

  • Q1. Any insurance company work with you
  • Q2. What are your salary expectations?

Interview Preparation Tips

Interview preparation tips for other job seekers - To prepare for a call center interview, concentrate on the following areas: \n\n- Call Center Skills: Customer service, communication, and problem-solving\n- Industry-Specific Knowledge: Understanding financial services and products/services\n- Software and Technical Skills: Proficiency in CRM software and call center technology\n- Soft Skills: Effective time management and teamwork\n\nConsider taking online courses on platforms such as:\n\n- Coursera\n- Udemy\n- LinkedIn Learning\n\nPractice through methods like:\n\n- Mock interviews\n- Role-playing scenarios\n- Researching the company
Interview experience
5
Excellent
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

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

Round 1 - One-on-one 

(2 Questions)

  • Q1. Wht is the life insurance
  • Ans. 

    Life insurance is a financial product that provides a lump sum payment to beneficiaries upon the insured's death.

    • Life insurance provides financial protection for loved ones in the event of the insured's death.

    • Premiums are paid regularly to maintain coverage.

    • There are different types of life insurance policies such as term life, whole life, and universal life.

    • The payout from a life insurance policy can be used to cover ...

  • Answered by AI
  • Q2. What is recruitment process
Round 2 - One-on-one 

(2 Questions)

  • Q1. Why important life insurance
  • Q2. Wht is education plans
  • Ans. 

    Education plans are financial products designed to help individuals save and invest for future education expenses.

    • Education plans typically involve regular contributions to a savings or investment account.

    • The funds can be used for tuition, books, fees, and other education-related expenses.

    • Some education plans offer tax advantages or incentives to encourage saving for education.

    • Examples of education plans include 529 pl...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Please applying people
Retard person
Teachers
Housewife
Freelancer
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

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

Round 1 - One-on-one 

(2 Questions)

  • Q1. About Life Insurance
  • Q2. About Company profile, Products

Interview Preparation Tips

Interview preparation tips for other job seekers - Be Groom, Formal Dress
Interview experience
4
Good
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Walk-in and was interviewed in Aug 2023. There was 1 interview round.

Round 1 - One-on-one 

(5 Questions)

  • Q1. Brief introduction, brief about hdfc life insurance
  • Ans. 

    HDFC Life Insurance is a leading insurance company in India offering a wide range of insurance products and services.

    • HDFC Life Insurance is one of the largest private life insurance companies in India.

    • It offers various types of insurance policies such as term insurance, endowment plans, ULIPs, etc.

    • The company has a strong network of branches and agents across the country.

    • HDFC Life Insurance has a good claim settlement ...

  • Answered by AI
  • Q2. Brief introduction
  • Q3. Brief about hdfc
  • Ans. 

    HDFC is a leading financial institution in India offering a wide range of financial products and services.

    • HDFC is one of the largest private sector banks in India.

    • It provides banking, insurance, and investment services.

    • HDFC offers various types of insurance policies, including life insurance, health insurance, and general insurance.

    • The company has a strong presence in the housing finance sector.

    • HDFC has a network of br...

  • Answered by AI
  • Q4. Brief about insurance policy
  • Ans. 

    An insurance policy is a contract between an individual and an insurance company that provides financial protection against specified risks.

    • Insurance policies are designed to mitigate financial losses due to unforeseen events.

    • They provide coverage for various risks such as accidents, illnesses, property damage, and liability.

    • Premiums are paid by the policyholder in exchange for the insurance company's promise to provid...

  • Answered by AI
  • Q5. Explain any two hdfc life insurance policy
  • Ans. 

    HDFC Life Click 2 Protect 3D Plus and HDFC Life Sanchay Plus are two popular life insurance policies offered by HDFC Life.

    • HDFC Life Click 2 Protect 3D Plus is a comprehensive term insurance plan that provides financial protection to the policyholder's family in case of unfortunate events like death, disability, or disease.

    • HDFC Life Sanchay Plus is a non-linked, participating life insurance plan that offers guaranteed r...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Easy
Interview experience
2
Poor
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Coding Test 

Gave an input and had given

Round 2 - One-on-one 

(1 Question)

  • Q1. Tell me about yourself

Max Life Insurance Interview FAQs

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

Some of the top questions asked at the Max Life Insurance Insurance Manager interview -

  1. How many clients you are connected to onboard Max li...read more
  2. He said to me that I would have to go for meetings from client one, two & three...read more
  3. About Incentive in prevoius organizati...read more

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Max Life Insurance Insurance Manager Salary
based on 25 salaries
₹1.7 L/yr - ₹4.7 L/yr
7% less than the average Insurance Manager Salary in India
View more details

Max Life Insurance Insurance Manager Reviews and Ratings

based on 11 reviews

4.1/5

Rating in categories

3.9

Skill development

4.1

Work-Life balance

3.9

Salary & Benefits

3.9

Job Security

3.7

Company culture

3.9

Promotions/Appraisal

3.9

Work Satisfaction

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