Universal Sompo General Insurance Accounts & Finance Executive Interview Questions and Answers

General insurance is a type of insurance that covers non-life assets and liabilities.

• It covers assets such as property, vehicles, and personal belongings.

• It also covers liabilities such as legal liability and personal accident.

• Examples include car insurance, home insurance, and travel insurance.

• It is different from life insurance which covers the risk of death or disability.

• General insurance policies are usually annual...read more

SBI General Insurance offers a range of insurance products for individuals and businesses.

• Motor Insurance

• Health Insurance

• Travel Insurance

• Home Insurance

• Personal Accident Insurance

• Commercial Insurance

I am an experienced Relationship Manager with a strong track record in building and maintaining client relationships.

• Experienced Relationship Manager

• Skilled in building and maintaining client relationships

• Proven track record of achieving sales targets

• Excellent communication and negotiation skills

• Strong problem-solving abilities

• Proficient in financial analysis and risk assessment

• Ability to work well under pressure

• Team p

I have a good understanding of general insurance policies and their coverage.

• I am familiar with different types of general insurance policies such as home, auto, and liability insurance.

• I understand the coverage provided by these policies and the factors that affect premiums.

• I am knowledgeable about the claims process and how to assist clients in filing claims.

• I keep up-to-date with changes in the insurance industry an...read more

Managing public relations involves building and maintaining positive relationships with stakeholders through effective communication and strategic planning.

• Develop a clear understanding of the organization's goals and values

• Identify key stakeholders and their needs and expectations

• Create a communication plan that includes regular updates and feedback mechanisms

• Be transparent and honest in all communications

• Respond prom...read more

To generate leads and close the case, one must build relationships, understand the client's needs, and offer tailored solutions.

• Build a strong network through referrals and networking events

• Research and understand the client's industry and needs

• Offer tailored solutions that address the client's pain points

• Follow up consistently and provide excellent customer service

• Use social media and digital marketing to reach potent

Insurance sector provides financial protection against unexpected events and risks.

• Insurance companies offer various types of policies such as life, health, auto, property, and liability insurance.

• Premiums are paid by policyholders to the insurance company in exchange for coverage.

• Insurance companies use actuarial science to calculate risks and determine premiums.

• Claims are filed by policyholders when an unexpected eve...read more