SBI General Insurance Interview Questions, Process, and Tips for Experienced

A GI company provides general insurance coverage for various risks such as property, liability, and health.

• Offers insurance policies for protection against unforeseen events

• Covers a wide range of risks including property damage, liability, and health issues

• Provides financial compensation to policyholders in case of covered losses

• Utilizes actuarial science to assess risks and determine premiums

• Examples: State Farm, Alls

I have a strong background in sales and insurance, with a proven track record of exceeding targets and building strong client relationships.

• I have X years of experience in the insurance industry, specifically in bancassurance.

• I have consistently met and exceeded sales targets in my previous roles.

• I have a strong understanding of the products and services offered in bancassurance, and can effectively communicate their b...read more

I have diverse experience in sales, client relations, and market analysis, driving growth in various sectors.

• Worked as a Sales Executive at XYZ Corp, increasing sales by 30% in one year through targeted outreach.

• Managed client relationships at ABC Inc., resulting in a 95% client retention rate.

• Conducted market analysis for DEF Ltd., identifying new opportunities that led to a 20% expansion in market share.

I engage with customers through active listening, personalized communication, and building long-term relationships.

• Active Listening: I ensure I fully understand customer needs by asking clarifying questions and summarizing their concerns.

• Personalized Communication: I tailor my messages based on the customer's profile and preferences, making them feel valued.

• Building Relationships: I focus on establishing trust by follo...read more

SBI stands for State Bank of India, a government-owned banking and financial services company in India.

• SBI is the largest bank in India in terms of assets, deposits, branches, customers, and employees.

• It offers a wide range of banking products and services including personal banking, corporate banking, international banking, and more.

• SBI has a strong presence in rural and semi-urban areas through its extensive network ...read more