Star Union Dai-ichi Life Insurance Business Development Interview Questions and Answers

Q1. Introduce myself
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Q2. Achievement of your last company
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Bm said me to bring 10 Insurance consultant list

Q1. Tell me about your self
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Q2. Just tell me about your education experience and skill
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Q1. Tell me about yourself
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Q2. What do you know about general insurance
Ans. 
General insurance provides coverage for non-life assets such as property, vehicles, and health.
• General insurance protects against financial loss due to unforeseen events like accidents, natural disasters, or theft.

• Common types of general insurance include car insurance, home insurance, and health insurance.

• General insurance policies typically have a fixed term and premium amount based on the level of coverage desired.

• I...read more
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Q3. How to handle with customers about insurance products
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Handle customers by understanding their needs, explaining benefits, and providing personalized solutions.
• Listen actively to understand customer's needs and concerns

• Educate customers on different insurance products and their benefits

• Offer personalized solutions based on customer's specific situation

• Provide excellent customer service and follow-up to ensure satisfaction

• Handle objections and address any concerns with empa
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Q4. How to handle with sales and marketing
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Sales and marketing should be aligned to drive revenue growth and customer acquisition.
• Develop a cohesive strategy that integrates sales and marketing efforts.

• Communicate regularly and openly between sales and marketing teams to ensure alignment.

• Utilize data and analytics to track performance and make informed decisions.

• Collaborate on lead generation and nurturing to drive conversions.

• Provide sales team with marketing
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Q1. Previous job experiences Tell me about your self Hobbies Job change reason Assessment exam Tell View About company details Defence channel Insurance domain
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Q2. Defence channel overview
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The defence channel overview provides an understanding of the current state and trends in the defence industry.
• The defence channel encompasses various sectors such as military equipment, technology, and services.

• It involves working with government agencies, defense contractors, and international partners.

• Understanding defense budgets, geopolitical factors, and emerging threats is crucial.

• Examples of defense channel act...read more
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Q3. Company details
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Q4. Hobbies favourite destination
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My favorite destination is the beautiful city of Paris.
• I love exploring the historic landmarks such as the Eiffel Tower and Louvre Museum.

• The charming streets of Montmartre and the picturesque Seine River are a delight to wander around.

• Indulging in delicious French cuisine and sipping coffee at cozy cafes is a must-do.

• Visiting the Palace of Versailles and taking a stroll in the gardens is a memorable experience.

• Explori...read more
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Q5. Job switching reason
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Seeking new challenges and growth opportunities
• Looking for a role that offers more responsibility and leadership opportunities

• Desire to work in a different industry or sector

• Seeking a company with a stronger market presence or better growth prospects

• Wanting to expand professional network and learn from new colleagues

• Need for a change in work-life balance or location
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Q1. Introduce yourself self About your last organisation work achievement and reward and recognition
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Q1. About introduce yourself Work organisation
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Q1. Why do you want to change the sector?
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Q2. What's your knowledge on B2B process?
Ans. 
B2B process involves selling products or services from one business to another.
• Understanding the needs and pain points of the target business

• Building relationships with key decision makers

• Negotiating contracts and pricing

• Managing ongoing communication and support

• Analyzing and optimizing sales performance

• Examples: selling software to a company, providing consulting services to a business
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Q3. Your experience in handling B2B
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I have extensive experience in handling B2B relationships and have successfully closed deals with various clients.
• Developed and maintained strong relationships with key decision-makers in client organizations

• Identified and pursued new business opportunities through market research and networking

• Negotiated contracts and pricing to ensure mutually beneficial agreements

• Collaborated with cross-functional teams to deliver s...read more
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Q1. Tell me about yourself
Ans. 
I am a highly motivated and experienced business development professional with a proven track record of success.
• I have over 7 years of experience in business development, sales, and marketing.

• I have a strong understanding of market trends and customer needs.

• I am skilled in developing and implementing effective sales strategies.

• I have a proven ability to build and maintain strong relationships with clients and partners.

• ...read more
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Q2. Do you know Ms Excel
Ans. 
Yes, I am proficient in Ms Excel.
• I am able to create and edit spreadsheets

• I can use formulas and functions to analyze data

• I am familiar with data visualization tools like charts and graphs

• I have experience using Excel for financial analysis and budgeting

• I am able to use Excel for project management and tracking

• I am comfortable with advanced features like macros and pivot tables
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Q1. General question about insurance and other
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Q2. Confidence test
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Q1. Confidence test
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Q1. Salary negotiations
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