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SBI Life Insurance Company Senior Business Development Executive Interview Questions, Process, and Tips
Top SBI Life Insurance Company Senior Business Development Executive Interview Questions and Answers
- Q1. How do you sell a comb to a bold man
- Q2. Explain about different funds under ULIPS
- Q3. Need to describe equity,debt and balanced
SBI Life Insurance Company Senior Business Development Executive Interview Experiences
10 interviews found
Senior Business Development Executive Interview Questions & Answers
Mohammed Haneef
posted on 23 Sep 2023
(2 Questions)
- Q1. Brief about your current role
- Q2. Brief about your past experience
(1 Question)
- Q1. Salary related questions
(1 Question)
- Q1. Brief understanding about current roles and responsibilities
Selected
I applied via Approached by Company and was interviewed before Dec 2023. There were 2 interview rounds.
(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
- 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
(1 Question)
- Q1. Salary expectations
Interview Preparation Tips
(2 Questions)
- Q1. Asking li insurance experience
- Q2. Asking li question and product pitching on li
Interview Preparation Tips
Tax benefits under which section
Selected
I was interviewed before Oct 2022.
(1 Question)
- Q1. Past experience discussions
General aptitude questions
(1 Question)
- Q1. RM round for final discussion
SBI Life Insurance Company interview questions for designations
Selected
I applied via Referral and was interviewed before Jan 2023. There were 2 interview rounds.
Working abilities and how to generate business
(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 ...
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.
(4 Questions)
- Q1. Way change your job please explain
- Ans. Dear sir sbi life is brand
- 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...
Interview Preparation Tips
- Job
Interview Questionnaire
1 Question
- Q1. Normally regarding experience
Interview Preparation Tips
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
- 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 ...
- 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
- 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
- Q12. Testing for convincing skills
Interview Preparation Tips
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
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
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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
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SBI Life Insurance Company Senior Business Development Executive Reviews and Ratings
based on 187 reviews
Rating in categories
|
Business Development Manager
934
salaries
|  ₹0 L/yr - ₹0 L/yr |
|
Assistant Manager
538
salaries
| ₹0 L/yr - ₹0 L/yr |
|
Senior Associate
537
salaries
| ₹0 L/yr - ₹0 L/yr |
|
Senior Business Development Executive
433
salaries
| ₹0 L/yr - ₹0 L/yr |
|
Development Manager
335
salaries
| ₹0 L/yr - ₹0 L/yr |
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