SBI Life Insurance Company Interview Questions, Process, and Tips

Q1. Tell me about your self?
Ans. 
Experienced Sales Development Manager with a proven track record in driving revenue growth and building high-performing teams.
• Over 5 years of experience in sales development, consistently exceeding targets and quotas.

• Successfully led a team of 10 sales development representatives, resulting in a 30% increase in qualified leads.

• Implemented effective sales strategies and processes, resulting in a 20% increase in revenue.

• ...read more
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Q2. Do you have any marketing experience?
Ans. 
Yes, I have marketing experience.
• I have worked in a marketing role for 2 years.

• I have developed and executed marketing campaigns.

• I have experience in market research and analysis.

• I have worked with various marketing channels such as social media, email marketing, and content creation.

• I have collaborated with the marketing team to drive lead generation and brand awareness.
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Q3. Do you work on field?
Ans. 
Yes, I work on field as a Sales Development Manager.
• I regularly visit clients and prospects to build relationships and generate sales.

• I conduct product demonstrations and presentations at customer locations.

• I attend trade shows and industry events to network and generate leads.

• I collaborate with the sales team to develop strategies for target markets.

• I analyze market trends and gather competitive intelligence through f
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Q4. Can you handle a team?
Ans. 
Yes, I can handle a team.
• I have previous experience managing a team in my previous role as a Sales Manager.

• I have strong leadership skills and can effectively delegate tasks and motivate team members.

• I am skilled at setting goals and targets for the team and monitoring their progress.

• I am comfortable providing feedback and coaching to team members to help them improve their performance.

• I am adept at resolving conflicts...read more
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Q5. How do you sell a product to customers?
Ans. 
Selling a product involves understanding customer needs, highlighting product benefits, and building trust.
• Research customer needs and tailor pitch accordingly

• Highlight unique features and benefits of product

• Address customer concerns and objections

• Build rapport and trust with customer

• Close the sale with a clear call to action

• Follow up with customer to ensure satisfaction and encourage repeat business
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Q6. Do you have any knowledge on Insurance?
Ans. 
Yes, I have knowledge on Insurance.
• I have worked in the insurance industry for 5 years

• I have a good understanding of different types of insurance policies

• I have experience in selling insurance policies to customers

• I am familiar with insurance regulations and compliance requirements
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Q1. Operating system, Computer Hardware, Internet, Mail Configuration
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Q2. Computer Networking, Data Backup, System issues.
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COLLECT DOCUMENTS FROM MARKET

SALES IN REVIEW MANNER

Q1. Knowledge on Insurance, MF, Equity, ULIP
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Q2. Your achievements with proofs
Ans. 
Successfully implemented training programs resulting in increased productivity and employee satisfaction.
• Developed and executed a comprehensive onboarding program resulting in a 30% decrease in new hire turnover.

• Designed and delivered leadership development training resulting in a 20% increase in employee engagement scores.

• Implemented a sales training program resulting in a 15% increase in revenue.

• Received multiple awa
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Q1. 1. Why're you switching ? 2. What's your salary exeptation ? 3. How you'll adjust because SBI Life can't offer you above 10 to 15% hike on your current package. 3. About Family members. 4. Some sales relat...read more
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Q2. A1. My business was not in my control due to this I faced the challenge in Persistency collection. Persistency is a most important perameter for growth of FLS. A2. 30% hike on my current package.
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Q1. Only salary adjustment
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