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SBI Life Insurance Company Interview Questions, Process, and Tips

Updated 18 Mar 2025

Top SBI Life Insurance Company Interview Questions and Answers

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232 interviews found

Development Manager Interview Questions & Answers

user image Bhoopendra Parihar

posted on 9 Dec 2021

I applied via Walk-in and was interviewed in Nov 2021. There were 4 interview rounds.

Interview Questionnaire 

12 Questions

  • Q1. Brif introduction about your self like family, education and work experience.
  • Q2. Why you want to leave current organization.
  • Q3. Why do you want to join SBI Life Insurance.
  • Q4. How long you are working in current industry.
  • Q5. What do you know about life insurance.
  • Ans. 

    Life insurance is a contract between an insurer and a policyholder, where the insurer guarantees payment of a death benefit to named beneficiaries upon the death of the insured.

    • Life insurance provides financial protection to the policyholder's beneficiaries in the event of their death.

    • There are two main types of life insurance: term life insurance and permanent life insurance.

    • Term life insurance provides coverage for a...

  • Answered by AI
  • Q6. Difference between term, traditional and ulip plans.
  • Ans. 

    Term, traditional and ULIP plans are different types of insurance policies.

    • Term plans provide pure life cover for a specific term and do not offer any maturity benefits.

    • Traditional plans offer both life cover and savings benefits, and have a fixed premium payment term.

    • ULIP plans offer life cover and investment options, allowing policyholders to invest in equity, debt or a combination of both.

    • ULIPs offer flexibility in ...

  • Answered by AI
  • Q7. What was your last jobe profile and achievements.
  • Q8. What do you know aboute local market business potential.
  • Ans. 

    I have extensive knowledge of the local market business potential.

    • I have conducted market research and analysis to identify potential business opportunities.

    • I have established relationships with key stakeholders in the local business community.

    • I have experience developing and implementing successful business strategies in the local market.

    • I am aware of the current economic trends and regulatory environment that impact ...

  • Answered by AI
  • Q9. Give 10 name of famous people you know in local market.
  • Ans. 

    Sorry, I cannot provide a list of famous people in the local market.

    • Answered by AI
    • Q10. How will you generated business form local market.
    • Ans. 

      I will generate business from local market by building strong relationships with potential clients and leveraging my network.

      • Identify potential clients through market research and networking

      • Build strong relationships with clients through effective communication and follow-up

      • Offer customized solutions to meet clients' specific needs

      • Leverage my network to generate referrals and expand business

      • Participate in local events ...

    • Answered by AI
    • Q11. How will you recruit 20 insurance agent in a month.
    • Q12. Give the 20 name of your prospect insurance agen.

    Interview Preparation Tips

    Interview preparation tips for other job seekers - Dont lose your confidence at any point of time no metter what language you use matter is how comfortably you put your point of view.
    At last and important there should not be any reference between your statements and resume.

    Development Manager Interview Questions asked at other Companies

    Q1. What do you know aboute local market business potential.
    View answer (47)

    I applied via Referral and was interviewed before Nov 2021. There was 1 interview round.

    Round 1 - Behavioral 

    (6 Questions)

    • 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.

      • ...

    • Answered by AI
    • 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.

    • Answered by AI
    • 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

    • Answered by AI
    • 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...

    • Answered by AI
    • 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

    • Answered by AI
    • 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

    • Answered by AI

    Interview Preparation Tips

    Interview preparation tips for other job seekers - No screening, no filtering, only one thing, if you are ready to work with insurance company, they will give the job...

    Sales Development Manager Interview Questions asked at other Companies

    Q1. what is FMCG? name any 5 FMCG companies.
    View answer (3)

    I applied via Approached by Company and was interviewed in Apr 2022. There were 2 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 - Technical 

    (2 Questions)

    • Q1. Operating system, Computer Hardware, Internet, Mail Configuration
    • Q2. Computer Networking, Data Backup, System issues.

    Interview Preparation Tips

    Topics to prepare for SBI Life Insurance Company Associate Engineer interview:
    • Computer Hardware
    • Computer Networking
    • Mail configuration
    • Operating Systems
    Interview preparation tips for other job seekers - Queda is good but in insurance sector working time is horrible.

    Associate Engineer Interview Questions asked at other Companies

    Q1. Count Ways To Reach The N-th Stair Problem Statement You are given a number of stairs, N. Starting at the 0th stair, you need to reach the Nth stair. Each time you can either climb one step or two steps. You have to return the number of dis... read more
    View answer (1)
    Interview experience
    3
    Average
    Difficulty level
    Moderate
    Process Duration
    2-4 weeks
    Result
    Selected Selected

    I applied via Walk-in and was interviewed before Jul 2023. There were 2 interview rounds.

    Round 1 - Assignment 

    COLLECT DOCUMENTS FROM MARKET

    Round 2 - Group Discussion 

    SALES IN REVIEW MANNER

    Interview Preparation Tips

    Interview preparation tips for other job seekers - Hard

    Development Manager Interview Questions asked at other Companies

    Q1. What do you know aboute local market business potential.
    View answer (47)

    SBI Life Insurance Company interview questions for popular designations

     Business Development Manager

     (19)

     Senior Associate

     (10)

     Senior Business Development Manager

     (10)

     Senior Business Development Executive

     (10)

     Agency Manager

     (8)

     Development Manager

     (8)

     Assistant Manager

     (7)

     Insurance Adviser

     (6)

    Round 1 - One-on-one 

    (2 Questions)

    • Q1. Knowledge on Insurance, MF, Equity, ULIP
    • 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

    • Answered by AI

    Interview Preparation Tips

    Interview preparation tips for other job seekers - Prepare your with Formal dress code to appear

    Senior Training Manager Interview Questions asked at other Companies

    Q1. Challenges and actions implemented
    View answer (1)

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

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

    I applied via Recruitment Consulltant and was interviewed before Oct 2022. There were 3 interview rounds.

    Round 1 - Resume Shortlist 
    Pro Tip by AmbitionBox:
    Be truthful in your resume. It is very easy to catch false or lies during the interview by asking basic questions.
    View all tips
    Round 2 - One-on-one 

    (2 Questions)

    • 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...
    • 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.
    Round 3 - HR 

    (1 Question)

    • Q1. Only salary adjustment

    Interview Preparation Tips

    Interview preparation tips for other job seekers - Only 35+ aged candidates should be Joine their for securing their retirement.

    Business Development Manager Interview Questions asked at other Companies

    Q1. If your not getting support from bank or agent, then what will make further to generate business, what is the approach or strategy to be implemented during such cases to convince the customers ?
    View answer (14)

    Jobs at SBI Life Insurance Company

    View all
    Round 1 - HR 

    (2 Questions)

    • Q1. All about targets, how you will achieve it
    • Q2. Need to answer how you will achieve Targets

    Interview Preparation Tips

    Interview preparation tips for other job seekers - Never Choose this Company, even if you don't have a Job. Full of Politics, Ruthless Pressure, Racism, Un Warranted Comments & Low Level in treating any employees. Just Stay away and advice to all.

    Branch Sales Manager Interview Questions asked at other Companies

    Q1. How do the target complete in previous organisations monthly basis..
    View answer (22)

    Agency Manager Interview Questions & Answers

    user image VASUDEV NARVEKAR

    posted on 7 Jun 2022

    Round 1 - One-on-one 

    (1 Question)

    • Q1. Previous experience details and record
    Round 2 - One-on-one 

    (1 Question)

    • Q1. Future goals and the process to recruit advusirs
    • Ans. 

      Our future goal is to expand our agency's reach and increase revenue. We will recruit advisors through targeted job postings, referrals, and networking.

      • Create targeted job postings on relevant job boards and social media platforms

      • Encourage current advisors to refer potential candidates

      • Attend industry events and network with professionals to find qualified candidates

      • Offer competitive compensation and benefits packages t

    • Answered by AI

    Interview Preparation Tips

    Interview preparation tips for other job seekers - Great company to work with. Good brand and professional

    Agency Manager Interview Questions asked at other Companies

    Q1. How you grow the business and what is idea that put the business in the creat agency channel under which section the tax rebit will get .
    View answer (3)
    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:
    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 

    (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.

    Senior Business Development Manager Interview Questions asked at other Companies

    Q1. 2] Sell me Something and Sales pitch that to aggressive ?
    View answer (4)

    Manager Interview Questions & Answers

    user image Anonymous

    posted on 8 May 2024

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

    I applied via Referral and was interviewed before May 2023. There was 1 interview round.

    Round 1 - HR 

    (2 Questions)

    • Q1. About sales and marketing
    • Q2. Experiences and about city geographical details

    Manager Interview Questions asked at other Companies

    Q1. There is a chairman of a conglomerate. He has been on the post for 10 years, and is extremely dominating. He treats the various business heads like children, not letting them take any major decision. While the chairman has negatives, he bel... read more
    View answer (2)

    SBI Life Insurance Company Interview FAQs

    How many rounds are there in SBI Life Insurance Company 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 One-on-one Round, Resume Shortlist and HR.
    How to prepare for SBI Life Insurance Company 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 Sales, Life Insurance, Branch Management, Sales Strategy and Agency Sales.
    What are the top questions asked in SBI Life Insurance Company interview?

    Some of the top questions asked at the SBI Life Insurance Company interview -

    1. What do you know aboute local market business potenti...read more
    2. What do you know about life insuran...read more
    3. Give 10 name of famous people you know in local mark...read more
    How long is the SBI Life Insurance Company interview process?

    The duration of SBI Life Insurance Company interview process can vary, but typically it takes about less than 2 weeks to complete.

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    SBI Life Insurance Company Interview Process

    based on 307 interviews

    Interview experience

    4
      
    Good
    View more

    SBI Life Insurance Company Reviews and Ratings

    based on 3.9k reviews

    3.8/5

    Rating in categories

    3.6

    Skill development

    3.4

    Work-life balance

    3.5

    Salary

    3.8

    Job security

    3.6

    Company culture

    3.3

    Promotions

    3.4

    Work satisfaction

    Explore 3.9k Reviews and Ratings
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