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SBI Life Insurance Company Senior Business Development Executive Interview Questions, Process, and Tips

Updated 30 Dec 2024

Top SBI Life Insurance Company Senior Business Development Executive Interview Questions and Answers

View all 6 questions

SBI Life Insurance Company Senior Business Development Executive Interview Experiences

10 interviews found

Interview experience
4
Good
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 

(2 Questions)

  • Q1. Brief about your current role
  • Q2. Brief about your past experience
Round 3 - HR 

(1 Question)

  • Q1. Salary related questions
Round 4 - Behavioral 

(1 Question)

  • Q1. Brief understanding about current roles and responsibilities
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Approached by Company and was interviewed before Dec 2023. There were 2 interview rounds.

Round 1 - One-on-one 

(2 Questions)

  • Q1. Introduce Yourself
  • Ans. 

    Experienced business development executive with a proven track record of driving revenue growth and building strong client relationships.

    • Over 10 years of experience in business development

    • Successfully increased sales by 30% in previous role

    • Skilled in identifying new business opportunities and negotiating contracts

  • Answered by AI
  • Q2. What did you do in yourblast company?
  • Ans. 

    I led business development efforts, including identifying new opportunities, building relationships, and closing deals.

    • Identified new business opportunities through market research and networking

    • Built and maintained relationships with key stakeholders and clients

    • Closed deals by negotiating contracts and agreements

    • Developed and implemented strategic business development plans

    • Collaborated with cross-functional teams to d

  • Answered by AI
Round 2 - HR 

(1 Question)

  • Q1. Salary expectations

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident, Be natural

Senior Business Development Executive Interview Questions Asked at Other Companies

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asked in Unacademy
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Q4. What is your first priority, making revenue for company or custom ... read more
Q5. Tell me 5 MNC Company with manufacturing products nearby by your ... read more
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 - HR 

(2 Questions)

  • Q1. Asking li insurance experience
  • Q2. Asking li question and product pitching on li

Interview Preparation Tips

Interview preparation tips for other job seekers - While attending the interview know thorough about life insurance products like term plans,ulips,savings plans in li.
Tax benefits under which section
Interview experience
2
Poor
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I was interviewed before Oct 2022.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Properly align and format text in your resume. A recruiter will have to spend more time reading poorly aligned text, leading to high chances of rejection.
View all tips
Round 2 - One-on-one 

(1 Question)

  • Q1. Past experience discussions
Round 3 - Aptitude Test 

General aptitude questions

Round 4 - One-on-one 

(1 Question)

  • Q1. RM round for final discussion

SBI Life Insurance Company interview questions for designations

 Business Development

 (2)

 Senior Business Development Manager

 (10)

 Business Development Manager

 (19)

 Business Development Executive

 (5)

 Senior Business Development Bancassurancemanager

 (1)

 Senior Agency Development Manager

 (1)

 Business Development Manager and Team Lead

 (2)

 Agency Development Manager

 (2)

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

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

Round 1 - Group Discussion 

Working abilities and how to generate business

Round 2 - HR 

(1 Question)

  • Q1. Location and CTC purpose
  • Ans. 

    The purpose of asking about location and CTC is to understand the candidate's preferences and expectations.

    • Location: The interviewer wants to know if the candidate is open to relocation or if they have a preference for a specific location.

    • CTC (Cost to Company): The interviewer wants to understand the candidate's salary expectations and if it aligns with the company's budget.

    • By asking this question, the interviewer can ...

  • Answered by AI

Get interview-ready with Top SBI Life Insurance Company Interview Questions

I applied via Walk-in and was interviewed before Oct 2021. There were 2 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Double-check your resume for any spelling mistakes. The recruiter may consider spelling mistakes as careless behavior or poor communication skills.
View all tips
Round 2 - HR 

(4 Questions)

  • Q1. Way change your job please explain
  • Ans. Dear sir sbi life is brand
  • Answered Anonymously
  • Q2. Sbi Life work very hard are you ready
  • Q3. Please explain your family member
  • Q4. What excepted your CTC
  • Ans. 

    I negotiated my CTC based on my experience, skills, and the value I bring to the company.

    • I highlighted my relevant experience and achievements during the negotiation process.

    • I emphasized the unique skills and expertise I possess that can contribute to the company's growth.

    • I demonstrated the value I can bring to the organization by showcasing my track record of successful business development initiatives.

    • I researched in...

  • Answered by AI

Interview Preparation Tips

Topics to prepare for SBI Life Insurance Company Senior Business Development Executive interview:
  • Job
Interview preparation tips for other job seekers - Any tipe job, really hard work for achivement and Goel

Interview Questionnaire 

1 Question

  • Q1. Normally regarding experience

Interview Preparation Tips

Interview preparation tips for other job seekers - Good

I applied via Referral and was interviewed in Oct 2019. There were 6 interview rounds.

Interview Questionnaire 

12 Questions

  • Q1. Blood groups
  • Q2. 8 A+,B+,O+,O-,AB+,AB-,A-,B-
  • Q3. Name of telangana and AP governor
  • Ans. 

    The current Governor of Telangana is Tamilisai Soundararajan and the current Governor of Andhra Pradesh is Biswa Bhusan Harichandan.

    • Governor of Telangana - Tamilisai Soundararajan

    • Governor of Andhra Pradesh - Biswa Bhusan Harichandan

  • Answered by AI
  • Q4. Tamilasey and Biswa bushan harichandan
  • Q5. MDRT meening
  • Q6. Million dollar round table
  • Q7. Explain about different funds under ULIPS
  • Ans. 

    ULIPs offer various funds to invest in based on risk appetite and investment goals.

    • ULIPs offer equity funds for high-risk investors

    • Debt funds for low-risk investors

    • Balanced funds for moderate-risk investors

    • Money market funds for short-term investments

    • Sector-specific funds for targeted investments

    • International funds for global exposure

    • Fund switching option to change investment strategy

    • Investor can choose multiple funds ...

  • Answered by AI
  • Q8. Need to describe equity,debt and balanced
  • Ans. 

    Equity represents ownership in a company, debt is borrowed money that must be repaid with interest, and balanced refers to a mix of both.

    • Equity: ownership in a company, shareholders receive dividends and have voting rights

    • Debt: borrowed money that must be repaid with interest, lenders have priority over shareholders

    • Balanced: a mix of both equity and debt, provides diversification and risk management

  • Answered by AI
  • Q9. If i gave you 5 cr hoe do you invest
  • Q10. Need to know about weightage of ulips,endowment,annuity,traditional and then invest accordingly
  • Q11. How do you sell a comb to a bold man
  • Ans. 

    By highlighting the benefits of using a comb for scalp health and grooming.

    • Emphasize the importance of scalp health and how combing can improve it

    • Explain how using a comb can help style hair and create a polished look

    • Offer a demonstration of how the comb can be used to create different hairstyles

    • Highlight the durability and quality of the comb

    • Offer a discount or bundle deal to incentivize purchase

  • Answered by AI
  • Q12. Testing for convincing skills

Interview Preparation Tips

Interview preparation tips for other job seekers - SBI life will test your intellectual skills, convincing skills

I applied via Referral and was interviewed before Feb 2020. There were 3 interview rounds.

Interview Questionnaire 

7 Questions

  • Q1. Interviewer will ask you & indirectly tell you that you have to travel more than 200 km per day for branch visit & you can claim Tour
  • Q2. You have to give gifts to cifs & bm's but Sbi Life will not reimburse any cost
  • Q3. You have spent money on BMs , CIFs & your seniors but you wont get any reimbursement
  • Q4. You have to come carry ur Boss to branches in your won car & arrange lunch for Bank Staff & your boss , pay bill by yourself but your computerized lunch bill copy will be taken by ur boss so he can reimbur...
  • Q5. Sbi life culture is , Spent all your salary on Bms & Cifs + share your incentive & bill amount with your boss
  • Q6. More than 20 wats app groups to harris staff
  • Q7. Lots of bosses will take reporting in morning & evening

Interview Preparation Tips

Interview preparation tips for other job seekers - Never Ever join Sbi Life

The worst organization for ground level employees

99 % bosses expect money from incentives & bills from ground level employees

I applied via Referral and was interviewed before Jan 2019. There were 4 interview rounds.

Interview Questionnaire 

3 Questions

  • Q1. Yourself as salesman with regards to your achievements and past experiences,
  • Q2. Aptitude test
  • Q3. RD interview- why insurance and why are you here trying for SBI life( probably)

Interview Preparation Tips

Interview preparation tips for other job seekers - Just be yourself and speak about your experiences,short term and long term goals, possitive nature about yourself ( industry is tough and no easy business so.. they expect you to be doing extra ). Present yourself ready for join tomorrow and get into the field. Awesome company to work if you are the right person.

SBI Life Insurance Company Interview FAQs

How many rounds are there in SBI Life Insurance Company Senior Business Development Executive interview?
SBI Life Insurance Company interview process usually has 2-3 rounds. The most common rounds in the SBI Life Insurance Company interview process are HR, Resume Shortlist and One-on-one Round.
How to prepare for SBI Life Insurance Company Senior Business Development Executive 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 SBI Life Insurance Company. The most common topics and skills that interviewers at SBI Life Insurance Company expect are Area Management, Business Development, Channel Partners, Sales and bde.
What are the top questions asked in SBI Life Insurance Company Senior Business Development Executive interview?

Some of the top questions asked at the SBI Life Insurance Company Senior Business Development Executive interview -

  1. How do you sell a comb to a bold m...read more
  2. Explain about different funds under UL...read more
  3. Need to describe equity,debt and balanc...read more

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SBI Life Insurance Company Senior Business Development Executive Interview Process

based on 7 interviews

2 Interview rounds

  • Resume Shortlist Round
  • HR Round
View more
26% less than the average Senior Business Development Executive Salary in India
View more details

SBI Life Insurance Company Senior Business Development Executive Reviews and Ratings

based on 187 reviews

3.4/5

Rating in categories

3.3

Skill development

3.0

Work-life balance

3.4

Salary

3.5

Job security

3.1

Company culture

2.9

Promotions

3.1

Work satisfaction

Explore 187 Reviews and Ratings
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