SBI General Insurance Business Development Executive Interview Questions and Answers

General insurance provides coverage for non-life assets such as property, vehicles, and health.

• General insurance protects against financial loss due to unforeseen events like accidents, natural disasters, or theft.

• Common types of general insurance include car insurance, home insurance, and health insurance.

• General insurance policies typically have a fixed term and premium amount based on the level of coverage desired.

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Handle customers by understanding their needs, explaining benefits, and providing personalized solutions.

• Listen actively to understand customer's needs and concerns

• Educate customers on different insurance products and their benefits

• Offer personalized solutions based on customer's specific situation

• Provide excellent customer service and follow-up to ensure satisfaction

• Handle objections and address any concerns with empa

Sales and marketing should be aligned to drive revenue growth and customer acquisition.

• Develop a cohesive strategy that integrates sales and marketing efforts.

• Communicate regularly and openly between sales and marketing teams to ensure alignment.

• Utilize data and analytics to track performance and make informed decisions.

• Collaborate on lead generation and nurturing to drive conversions.

• Provide sales team with marketing

I left my previous company due to limited growth opportunities and enjoyed the collaborative team environment.

• Limited growth opportunities in previous company

• Enjoyed collaborative team environment

• Seeking new challenges and opportunities