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Star Union Dai-ichi Life Insurance Area Head Interview Questions and Answers

Updated 18 Sep 2024

Star Union Dai-ichi Life Insurance Area Head Interview Experiences

3 interviews found

Area Head Interview Questions & Answers

user image Anonymous

posted on 18 Sep 2024

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

I applied via Referral and was interviewed before Sep 2023. There were 2 interview rounds.

Round 1 - Aptitude Test 

Different case study

Round 2 - HR 

(2 Questions)

  • Q1. Basic questions of Life insurance industry
  • Q2. Regarding sum assured

Area Head Interview Questions & Answers

user image Anonymous

posted on 23 Oct 2021

I applied via Referral and was interviewed in Sep 2021. There were 3 interview rounds.

Interview Questionnaire 

2 Questions

  • Q1. How do you do it here
  • Q2. Focus bank branch activation to bring in the game and need to focus after sales service

Interview Preparation Tips

Interview preparation tips for other job seekers - Liaising with banks staff , focus on sales services, need to immediate resolution of query

Area Head Interview Questions Asked at Other Companies

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I applied via Walk-in and was interviewed before Apr 2021. 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 - Group Discussion 

Key skill

Interview Preparation Tips

Interview preparation tips for other job seekers - Knowledge and sales skill required

Interview questions from similar companies

I applied via Recruitment Consulltant

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 - Aptitude Test 

It's good to test IQ level of a candidate

Round 3 - HR 

(5 Questions)

  • Q1. What are your salary expectations?
  • Q2. Share details of your previous job.
  • Q3. Why are you looking for a change?
  • Q4. What are your strengths and weaknesses?
  • Q5. Tell me about yourself.

Interview Preparation Tips

Interview preparation tips for other job seekers - It's a good process to hire a candidate
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Referral and was interviewed in May 2023. 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 - One-on-one 

(2 Questions)

  • Q1. How much Experience you have in Insurance?
  • Q2. 5 years 7 Months Experience

Interview Preparation Tips

Interview preparation tips for other job seekers - Minimum Experience in previous organisation is not less than 3 years.

I applied via Naukri.com and was interviewed in Jul 2021. There was 1 interview round.

Interview Questionnaire 

2 Questions

  • Q1. Self introduction
  • Q2. Basic knowledge of the firm

Interview Preparation Tips

Interview preparation tips for other job seekers - Basic knowledge of the firm
Confident answering

Interview Questionnaire 

6 Questions

  • Q1. What is your qualifications?
  • Q2. Tell me about your self?
  • Q3. Why do you want to work in this company?
  • Q4. Why should we hire you?
  • Q5. What are your greatest strength
  • Q6. How did u hear about this position

Interview Preparation Tips

Interview preparation tips for other job seekers - This interview was realted to the job position. Regarding the strength and weekness about us and how to perform well .It's all about a conversation with the client and to be confident.

I applied via Referral and was interviewed in Jan 2021. There was 1 interview round.

Interview Questionnaire 

8 Questions

  • Q1. Tell me about yourself
  • Ans. 

    Experienced sales executive with a proven track record in exceeding targets and building strong client relationships.

    • 10+ years of experience in sales, with a focus on B2B sales

    • Consistently achieved or exceeded sales targets by 20% each quarter

    • Developed and maintained strong relationships with key clients, resulting in a 30% increase in repeat business

    • Expertise in consultative selling and solution-based approach

    • Proficie...

  • Answered by AI
  • Q2. What Tata AIG life insurance
  • Ans. 

    Tata AIG Life Insurance is a joint venture between Tata Group and American International Group, offering a range of life insurance products.

    • Joint venture between Tata Group and American International Group

    • Offers a range of life insurance products

    • Provides financial protection to policyholders and their families

    • Has a strong presence in the Indian insurance market

  • Answered by AI
  • Q3. Why want to join Tata AIG life insurance
  • Ans. 

    I want to join Tata AIG life insurance because of its strong reputation, extensive product portfolio, and commitment to customer satisfaction.

    • Tata AIG life insurance has a strong reputation in the industry, which will enhance my professional profile.

    • The company offers a wide range of insurance products, allowing me to cater to diverse customer needs and maximize my sales potential.

    • Tata AIG's focus on customer satisfact...

  • Answered by AI
  • Q4. Are u experienced or fresher
  • Ans. 

    Experienced

    • I have 5 years of experience in sales, with a proven track record of exceeding targets.

    • I have successfully managed a team of sales representatives and implemented effective sales strategies.

    • I have a deep understanding of the industry and have built strong relationships with clients.

    • I have consistently achieved high customer satisfaction ratings and have received multiple awards for my sales performance.

  • Answered by AI
  • Q5. About your family?
  • Q6. What is your goal?
  • Ans. 

    My goal is to exceed sales targets and build strong relationships with clients.

    • Exceed sales targets by implementing effective sales strategies

    • Build strong relationships with clients to ensure repeat business

    • Continuously improve product knowledge to better serve clients

    • Collaborate with the sales team to achieve collective goals

  • Answered by AI
  • Q7. What is sales?
  • Ans. 

    Sales is the process of persuading a potential customer to buy a product or service.

    • Sales involves identifying potential customers and their needs

    • It requires building relationships with customers and understanding their buying behavior

    • Salespeople must be able to communicate the benefits of their product or service effectively

    • Closing the sale is the ultimate goal of the sales process

    • Examples of sales include selling car

  • Answered by AI
  • Q8. R u comfortable in any location?
  • Ans. 

    Yes, I am comfortable in any location.

    • I am adaptable and can easily adjust to new environments.

    • I have experience working in diverse locations and cultures.

    • I am willing to travel and relocate as required for the job.

    • I have a flexible mindset and can quickly adapt to different work settings.

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Be comfortable and slowly give your answer
Interview experience
2
Poor
Difficulty level
-
Process Duration
-
Result
-
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 

(18 Questions)

  • Q1. Tell me about yourself
  • Q2. Why we should select you
  • Q3. What's your highest achievement
  • Q4. What's your target in life
  • Q5. Why you like to join this company
  • Q6. How you will manage a deficult situation
  • Ans. 

    I will manage a difficult situation by staying calm, analyzing the problem, seeking input from others, and finding a solution.

    • Stay calm and composed to think clearly

    • Analyze the situation to understand the root cause

    • Seek input from team members or mentors for different perspectives

    • Collaborate with others to find a solution

    • Communicate effectively to address the issue and prevent escalation

  • Answered by AI
  • Q7. What do you know about insurance
  • Ans. 

    Insurance is a financial product that provides protection against financial losses.

    • Insurance is a contract between an individual or organization and an insurance company, where the insurer agrees to provide financial protection in case of specified events such as accidents, illnesses, or property damage.

    • There are different types of insurance such as life insurance, health insurance, auto insurance, and property insuran...

  • Answered by AI
  • Q8. What do you know about Term insurance
  • Ans. 

    Term insurance is a type of life insurance that provides coverage for a specific period of time.

    • Term insurance offers a death benefit to the beneficiaries if the insured passes away during the term of the policy.

    • It is typically more affordable than whole life insurance because it does not accumulate cash value.

    • Term insurance can be purchased for different term lengths, such as 10, 20, or 30 years.

    • Once the term of the p...

  • Answered by AI
  • Q9. Why insurance is very important in one's life
  • Ans. 

    Insurance is important as it provides financial protection against unexpected events and helps individuals and families manage risks.

    • Provides financial protection in case of accidents, illnesses, or natural disasters

    • Helps individuals and families manage risks and uncertainties

    • Ensures peace of mind knowing that one's assets and loved ones are protected

    • Can help cover expensive medical bills or property damage

    • May be requi

  • Answered by AI
  • Q10. Why you should do a term insurance
  • Q11. Why there should be strict law of insurance
  • Ans. 

    Strict insurance laws are necessary to protect consumers, ensure fair practices, and maintain financial stability.

    • Protects consumers from fraud and unfair practices

    • Ensures financial stability of insurance companies

    • Promotes trust and confidence in the insurance industry

    • Helps regulate premiums and coverage to prevent exploitation

    • Encourages accountability and transparency in insurance transactions

  • Answered by AI
  • Q12. How insurance was 1st started
  • Ans. 

    Insurance was first started as a way for merchants to protect their goods during long sea voyages.

    • Insurance dates back to ancient times when Chinese and Babylonian traders would distribute their goods across multiple ships to reduce the risk of loss.

    • The concept of insurance evolved over time to include protection against various risks such as fire, theft, and accidents.

    • The first known insurance contract was signed in G...

  • Answered by AI
  • Q13. Can insurance cover your family life after yours death
  • Ans. 

    Yes, insurance can provide financial support to your family after your death.

    • Insurance can provide a lump sum payment to your family upon your death to cover expenses and maintain their quality of life.

    • Life insurance policies can also include additional benefits such as covering funeral expenses or paying off debts.

    • Having insurance can give your family peace of mind knowing they will be financially supported in the eve

  • Answered by AI
  • Q14. Why a married person should take Term insurance
  • Ans. 

    A married person should take term insurance to ensure financial security for their spouse and dependents in case of any unforeseen circumstances.

    • Term insurance provides a lump sum amount to the nominee in case of the policyholder's death, ensuring financial stability for the family.

    • It helps in covering expenses like mortgage payments, children's education, and daily living costs in the absence of the primary breadwinne...

  • Answered by AI
  • Q15. How returns are generated
  • Ans. 

    Returns are generated through successful sales transactions where customers return products for various reasons.

    • Returns can be generated due to product defects or damages during shipping

    • Customers may also return products due to incorrect sizing or color

    • Some returns may be due to customer dissatisfaction with the product or service provided

    • Returns can also be generated through the company's return policy and customer se

  • Answered by AI
  • Q16. How risk is calculated
  • Ans. 

    Risk is calculated by assessing the likelihood of an event occurring and the impact it would have on the business.

    • Risk is calculated by multiplying the likelihood of an event by the impact it would have.

    • Different risks may have different factors to consider, such as financial risk, operational risk, and strategic risk.

    • Risk assessment involves identifying potential risks, analyzing their likelihood and impact, and devel...

  • Answered by AI
  • Q17. Can you give insurance to an 70 years old person
  • Ans. 

    Yes, insurance can be provided to a 70 years old person depending on the insurance company's policies and the individual's health condition.

    • Insurance companies may offer different types of insurance plans for seniors, including life insurance, health insurance, and long-term care insurance.

    • Premiums for insurance plans for seniors may be higher due to the increased risk associated with age.

    • Some insurance companies may r...

  • Answered by AI
  • Q18. How we can deal with an smart person
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Selected Selected

I applied via Shine and was interviewed in May 2024. There were 2 interview rounds.

Round 1 - Assignment 

Basic knowledge Questions

Round 2 - HR 

(2 Questions)

  • Q1. What is your location
  • Q2. What is your current CTC

Star Union Dai-ichi Life Insurance Interview FAQs

How many rounds are there in Star Union Dai-ichi Life Insurance Area Head interview?
Star Union Dai-ichi Life Insurance interview process usually has 2 rounds. The most common rounds in the Star Union Dai-ichi Life Insurance interview process are HR, Resume Shortlist and Group Discussion.
What are the top questions asked in Star Union Dai-ichi Life Insurance Area Head interview?

Some of the top questions asked at the Star Union Dai-ichi Life Insurance Area Head interview -

  1. Focus bank branch activation to bring in the game and need to focus after sale...read more
  2. Basic questions of Life insurance indus...read more
  3. Regarding sum assu...read more

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Star Union Dai-ichi Life Insurance Area Head Interview Process

based on 1 interview

Interview experience

5
  
Excellent
View more
Star Union Dai-ichi Life Insurance Area Head Salary
based on 42 salaries
₹9.2 L/yr - ₹17 L/yr
23% more than the average Area Head Salary in India
View more details

Star Union Dai-ichi Life Insurance Area Head Reviews and Ratings

based on 12 reviews

3.3/5

Rating in categories

3.3

Skill development

3.1

Work-life balance

3.4

Salary

3.1

Job security

3.3

Company culture

3.3

Promotions

3.3

Work satisfaction

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