Shriram General Insurance Business Development Executive Interview Questions and Answers

Q1. What is your family background?
Ans. 
My family background is diverse and has shaped my values and work ethic.
• My parents come from different cultural backgrounds, which has exposed me to different perspectives and ways of thinking.

• Growing up, my family emphasized the importance of education and hard work.

• My siblings and I were encouraged to pursue our passions and strive for excellence.

• My father worked in the business field, which sparked my interest in bu...read more
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Q2. What are your salary expectations?
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Q3. Share details of your previous job.
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Q4. Why should we hire you?
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Q5. Why are you looking for a change?
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Q6. Where do you see yourself in 5 years?
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Q7. What are your strengths and weaknesses?
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Q8. Tell me about yourself.
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Q1. How is the career opportunity?
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Q1. Tell me about yourself
Ans. 
Experienced business development professional with a track record of driving revenue growth and building strong client relationships.
• Over 5 years of experience in business development roles

• Proven ability to identify new business opportunities and develop strategic partnerships

• Strong communication and negotiation skills

• Successfully increased sales by 30% in previous role

• MBA in Business Administration
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Q2. Why do you want to leave present organization where you are right now working
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Q1. Tell me about yourself
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Q1. Self introduction ur last experience and your achievements .
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Business understanding test & behaviour testing during the GD , they want to find out if you are a problem solver person . So focus on words and tell them solutions and your work nature .

Q1. Business Development discussion specially how you will grow your business.
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Q2. How you will recruit business partners or advisors ? There is lots of competition in the market what are the specific talent you have that advisors will work with you ?
Ans. 
I will recruit business partners or advisors through networking, targeted outreach, and showcasing the benefits of working with me.
• Utilize networking events and industry conferences to connect with potential partners

• Implement targeted outreach campaigns to reach out to specific individuals or companies that align with our goals

• Highlight the unique value proposition and benefits of partnering with me to attract advisors

• ...read more
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Q3. How much your last business figure in previous company?
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Q4. Do you know this city market and behavior ?
Ans. 
Yes, I have extensive knowledge of the city market and consumer behavior.
• I have conducted market research in this city to understand consumer preferences and trends.

• I have developed successful business strategies based on the behavior of the local market.

• I have built strong relationships with key stakeholders in the city to drive business growth.

• I am familiar with the competitive landscape and have identified opportuni...read more
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45 mins aptitude test

There puzzle we need to

Q1. Ask about your relevant experience in the industry once gives answers confident with your prior experience then you will get selected
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Conducted online test and it's take 2 to 3 hours where they test your all abilities to check your intelligence, Prompt response, calculation, though, knowledge and other

Q1. What will you do to achieve targets
Ans. 
I will create a strategic plan, set clear goals, motivate the team, track progress, and adjust strategies as needed.
• Develop a detailed sales strategy with specific targets and timelines

• Motivate and train the sales team to ensure they are equipped to meet targets

• Regularly track progress towards targets and adjust strategies as needed

• Identify and pursue new business opportunities to increase sales

• Collaborate with marketi...read more
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Q2. Past experience and what you done
Ans. 
I have over 5 years of experience in business development, including successfully launching new products and expanding market reach.
• Led a team to launch a new product line, resulting in a 20% increase in sales within the first year

• Developed and implemented strategic partnerships with key clients, leading to a 30% growth in market share

• Utilized market research and analysis to identify new business opportunities and driv
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