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The control authority of the insurance industry is typically the government regulatory body responsible for overseeing insurance companies.
The control authority may vary by country, but in the United States, it is the state insurance department.
The control authority sets regulations and guidelines for insurance companies to ensure they are operating fairly and within the law.
Examples of control authorities in other cou...
Sum assured is the guaranteed amount that an insurance company will pay out in the event of a claim.
Sum assured is the maximum amount that an insurance policy will pay out to the policyholder or their beneficiaries.
It is specified in the insurance policy and is agreed upon by the insurer and the policyholder.
The sum assured can vary depending on the type of insurance policy, such as life insurance, health insurance, or...
Insurance Regulatory and Development Authority of India
IRDAI is the regulatory body for insurance in India
It was established in 1999
IRDAI regulates and promotes the insurance industry in India
The supreme authority of IRDAI is the Insurance Regulatory and Development Authority of India.
The Insurance Regulatory and Development Authority of India (IRDAI) is the apex body overseeing the insurance sector in India.
It was established in 1999 by the IRDAI Act, 1999.
IRDAI's primary role is to regulate and promote the insurance industry in India, ensuring fair practices and protecting the interests of policyholders.
T...
posted on 26 Aug 2022
I applied via Approached by Company and was interviewed in Feb 2022. There was 1 interview round.
posted on 19 Feb 2025
I was interviewed in Jan 2025.
posted on 12 Sep 2024
I applied via Campus Placement and was interviewed in Aug 2024. There was 1 interview round.
SBI Life Insurance is a joint venture between State Bank of India and BNP Paribas Cardif.
Joint venture between State Bank of India and BNP Paribas Cardif
Offers a wide range of insurance products including term insurance, ULIPs, endowment plans, etc.
One of the leading life insurance companies in India
I am a dedicated and customer-focused professional with a strong background in banking and finance.
I have X years of experience in the banking industry
I am skilled in customer service and relationship management
I have a strong understanding of financial products and services
I am goal-oriented and thrive in a fast-paced environment
posted on 18 Oct 2024
I was interviewed in Sep 2024.
posted on 11 Jun 2024
Creating distribution involves identifying target markets, establishing channels, and managing logistics.
Identify target markets based on demographics, psychographics, and geographic factors
Establish distribution channels such as direct sales, wholesalers, retailers, and online platforms
Manage logistics efficiently to ensure timely delivery and minimize costs
Creating distribution involves establishing channels to deliver products or services to customers.
Identify target market and customer segments
Develop relationships with distributors or retailers
Utilize online platforms and e-commerce for wider reach
Implement effective marketing and promotional strategies
Monitor and adjust distribution channels based on feedback and performance
Creating distribution involves establishing channels to deliver products or services to customers.
Identify target market and customer segments
Develop relationships with distributors or retailers
Utilize online platforms and e-commerce for wider reach
Implement effective marketing and promotional strategies
Monitor and adjust distribution channels based on feedback and performance
posted on 24 Aug 2023
I applied via Approached by Company and was interviewed in Feb 2023. There were 2 interview rounds.
posted on 30 Dec 2023
I applied via Approached by Company and was interviewed before Dec 2022. There was 1 interview round.
GIC market refers to the market for Guaranteed Investment Certificates, which are low-risk investments offered by financial institutions.
GICs are fixed-term investments that guarantee a specific rate of return over a set period of time.
They are typically offered by banks, credit unions, and trust companies.
GICs are considered low-risk investments as they are insured by the CDIC or provincial deposit insurance programs.
...
Agents in our market work independently but collaborate on larger deals
Agents in our market typically work independently to find and close deals
However, they often collaborate on larger deals that require more resources or expertise
Agents may share leads or work together on marketing efforts to attract more clients
Some agents specialize in certain types of properties or clients, while others have a more general focus
I applied via Recruitment Consultant and was interviewed before Dec 2019. There was 1 interview round.
posted on 16 Oct 2024
I applied via Naukri.com and was interviewed in Sep 2024. There was 1 interview round.
Managing a team involves effective communication, setting clear goals, providing support and feedback, and fostering a positive work environment.
Communicate clearly and regularly with team members
Set specific goals and expectations for each team member
Provide support and resources to help team members succeed
Offer constructive feedback and recognition for achievements
Create a positive work environment through team buil
To improve business, focus on customer satisfaction, employee training, marketing strategies, and financial management.
Enhance customer experience through personalized service and feedback collection
Invest in employee training and development to increase productivity and job satisfaction
Implement effective marketing strategies to reach new customers and retain existing ones
Optimize financial management by reducing cost...
To achieve targets, I set clear goals, create action plans, track progress, and make adjustments as needed.
Set specific, measurable, achievable, relevant, and time-bound (SMART) goals
Break down goals into smaller tasks and create action plans
Regularly track progress and make adjustments as needed
Stay motivated and focused on the end goal
Seek feedback and learn from both successes and failures
Developing a team involves setting clear goals, providing training and support, fostering open communication, and recognizing achievements.
Set clear goals and expectations for each team member
Provide training and support to help team members improve their skills
Foster open communication to encourage collaboration and problem-solving
Recognize and reward achievements to motivate team members
Lead by example and demonstrat
Providing exceptional service by understanding customer needs, being proactive, and resolving issues promptly.
Listen actively to customers to understand their needs and preferences.
Be proactive in anticipating customer needs and offering solutions before they ask.
Resolve any issues or complaints promptly and effectively to ensure customer satisfaction.
Provide personalized service by remembering customer preferences and...
based on 1 interview
Interview experience
Channel Sales Manager
999
salaries
| ₹2 L/yr - ₹8 L/yr |
Relationship Manager
870
salaries
| ₹2.2 L/yr - ₹7.5 L/yr |
Senior Manager
475
salaries
| ₹6 L/yr - ₹17.8 L/yr |
Deputy Manager
407
salaries
| ₹2.3 L/yr - ₹8.8 L/yr |
Manager
391
salaries
| ₹3.7 L/yr - ₹11 L/yr |
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