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

Updated 18 Feb 2025

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

SBI Life Insurance Company Senior Business Development Manager Interview Experiences

10 interviews found

Interview experience
5
Excellent
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Not Selected

I applied via Company Website and was interviewed in Mar 2024. There were 2 interview rounds.

Round 1 - Technical 

(2 Questions)

  • Q1. How do you sell a combo 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 Anonymously
  • Q2. Need to discribe equity debt balanced
  • Ans. 

    Equity debt balance refers to the optimal mix of equity and debt financing for a company's capital structure.

    • Equity represents ownership in the company, while debt represents borrowed funds that need to be repaid with interest.

    • Balancing equity and debt allows a company to take advantage of the benefits of both types of financing, such as lower cost of debt and increased control with equity.

    • The ideal equity debt balance...

  • Answered by AI
Round 2 - Coding Test 

Explain about different funds under ULIPS

Interview Preparation Tips

Interview preparation tips for other job seekers - Set realistic goals: Aim to apply to three to five jobs per week and connect with at least two people daily, even on LinkedIn. Self-care matters: Don't forget to take care of yourself during the job search. Take breaks, eat well, exercise, and make time for activities you enjoy.
Interview experience
1
Bad
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I was interviewed in Jan 2025.

Round 1 - Nothing only they see who is rea 

(2 Questions)

  • Q1. Why you are leaving your company.
  • Q2. How much time you can give to company.

Interview Preparation Tips

Interview preparation tips for other job seekers - If you are ready to spoil your career you can join without hesitation.

Senior Business Development Manager Interview Questions Asked at Other Companies

asked in Expertrons
Q1. 2] Sell me Something and Sales pitch that to aggressive ?
Q2. Can you put your money in sales while number are not coming in.
asked in Elite foods
Q3. What would you do if you get consecutive complaints regarding you ... read more
Q4. How do you think you can add value to the business?
Q5. Calender reminders for updates in laws to be complied along with ... read more
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(2 Questions)

  • Q1. Insurance policys
  • Q2. Money back policy

Interview Preparation Tips

Interview preparation tips for other job seekers - Knowledge about insurance policys
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
4-6 weeks
Result
Not Selected

I applied via Referral and was interviewed in May 2023. There were 3 interview rounds.

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 - HR 

(2 Questions)

  • Q1. About your self Insurance policy concept IRDA knowledge
  • Q2. Basic insurance details and about your self
Round 3 - Group Discussion 

Insurance policy Basic plans

Interview Preparation Tips

Interview preparation tips for other job seekers - Gain your confidence and Basic knowledge of life Insurance concept.

SBI Life Insurance Company interview questions for designations

 Business Development Manager

 (19)

 Business Development

 (2)

 Senior Business Development Executive

 (10)

 Senior Business Development Bancassurancemanager

 (1)

 Senior Agency Development Manager

 (1)

 Business Development Executive

 (5)

 Agency Development Manager

 (2)

 Sales Development Manager

 (2)

Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Selected Selected

I applied via Referral and was interviewed in Apr 2023. There were 2 interview rounds.

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 - Ab 

(2 Questions)

  • Q1. Last 12 months Target vs achievement last company with prof
  • Q2. How to achieve Target.. explained plan.
  • Ans. 

    To achieve target, create a detailed plan with specific goals, strategies, timelines, and metrics for tracking progress.

    • Set specific, measurable, achievable, relevant, and time-bound (SMART) goals.

    • Identify target market segments and develop tailored strategies for each.

    • Establish key performance indicators (KPIs) to track progress and adjust strategies as needed.

    • Regularly review and analyze data to assess performance an...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - If you're last company last one year good achievement Target vs achievement...then you selected. Others you prof your self you are the best.
Interview experience
2
Poor
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Walk-in and was interviewed before Apr 2022. There were 4 interview rounds.

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. Can you complete 3cr target in a year ?
  • Ans. 

    Yes, I have a proven track record of exceeding targets and have strategies in place to achieve the 3cr target.

    • I have successfully achieved and exceeded targets in my previous roles by implementing effective sales strategies.

    • I have a strong network of potential clients and partners that I can leverage to reach the target.

    • I am confident in my ability to analyze market trends and identify opportunities for growth to meet

  • Answered by AI
Round 3 - One-on-one 

(2 Questions)

  • Q1. Simple about yourself? And all
  • Q2. It's become very easy they are taking even freshers and candidates selling cards in market sales man
Round 4 - HR 

(1 Question)

  • Q1. Can't give salary more then this you ok with this

Interview Preparation Tips

Interview preparation tips for other job seekers - Basic knowledge needed

Ask for more CTC what you are thinking

After you joined you will see freshers are getting more then you

And you have been made fool.

I applied via Walk-in

Round 1 - One-on-one 

(1 Question)

  • Q1. Sales and Hr round do by me but it me be other process

Interview Preparation Tips

Interview preparation tips for other job seekers - Good company and security of job

Interview Questionnaire 

1 Question

  • Q1. How do you see your future in sbi life

I applied via Referral and was interviewed before Jun 2020. There were 4 interview rounds.

Interview Questionnaire 

2 Questions

  • Q1. Which type are fund in Ulip plan
  • Ans. 

    Equity, debt or balanced funds are found in ULIP plans.

    • ULIP plans offer a range of funds to choose from

    • Equity funds invest in stocks of companies

    • Debt funds invest in fixed income securities

    • Balanced funds invest in both stocks and fixed income securities

    • Investors can choose the type of fund based on their risk appetite and investment goals

  • Answered by AI
  • Q2. About Insurance in India

Interview Preparation Tips

Interview preparation tips for other job seekers - My interview is so good

I applied via Company Website and was interviewed before Nov 2019. There were 5 interview rounds.

Interview Questionnaire 

3 Questions

  • Q1. Why I will hire you? What is special things that you have
  • Q2. What is sales? Is it important in market
  • Ans. 

    Sales is the process of selling products or services to customers and is crucial for the success of any business.

    • Sales involves identifying potential customers and convincing them to purchase a product or service

    • It requires building relationships with customers and understanding their needs

    • Sales is important in the market as it generates revenue and helps businesses grow

    • Effective sales strategies can differentiate a bu...

  • Answered by AI
  • Q3. Describe your special treatment to hire you?

Interview Preparation Tips

Interview preparation tips for other job seekers - Simple way talk don't discuss any thing in long way, talk less, smiling face must be knowledge of market and elaborate according to demand that's sit

SBI Life Insurance Company Interview FAQs

How many rounds are there in SBI Life Insurance Company Senior Business Development Manager interview?
SBI Life Insurance Company interview process usually has 2 rounds. The most common rounds in the SBI Life Insurance Company interview process are One-on-one Round, Resume Shortlist and HR.
What are the top questions asked in SBI Life Insurance Company Senior Business Development Manager interview?

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

  1. What is sales? Is it important in mar...read more
  2. Which type are fund in Ulip pl...read more
  3. Can you complete 3cr target in a yea...read more

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SBI Life Insurance Company Senior Business Development Manager Interview Process

based on 8 interviews

1 Interview rounds

  • Resume Shortlist Round
View more
SBI Life Insurance Company Senior Business Development Manager Salary
based on 203 salaries
₹3.4 L/yr - ₹8.5 L/yr
47% less than the average Senior Business Development Manager Salary in India
View more details

SBI Life Insurance Company Senior Business Development Manager Reviews and Ratings

based on 115 reviews

3.7/5

Rating in categories

3.6

Skill development

3.5

Work-life balance

3.5

Salary

3.8

Job security

3.4

Company culture

3.4

Promotions

3.4

Work satisfaction

Explore 115 Reviews and Ratings
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