SBI General Insurance Senior Business Development Manager Interview Questions & Experience Guide

Interview Preparation
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SBI General Insurance Senior Business Development Manager Interview Questions & Experience Guide

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Company Name: SBI General Insurance

Position: Senior Business Development Manager

Application Process: I applied for this role through Naukri.com and was interviewed before January 2022.

Interview Rounds:

  • Round 1 - Resume Shortlist:

    • Questions Asked: The recruiter reviewed my resume to assess my fit for the role.
    • Your Approach: I ensured my resume was concise and highlighted relevant experience.
    • Outcome: My resume was shortlisted for the next round.

  • Round 2 - One-on-One Interview:

    • Questions Asked:
      1. “What is your previous job profile?”
      2. “How do you handle your channel partners?”
    • Your Approach: I answered clearly, focusing on my past roles and practical strategies for managing channel partners.
    • Outcome: The interview went well, and I received positive feedback.

Preparation Tips:

  • Dress formally for the interview.
  • Be polite and concise in your answers.
  • Avoid unnecessary details or off-topic discussions.

Conclusion:
Overall, the interview process was smooth. I focused on presenting my experience clearly and professionally. For future candidates, I recommend preparing thoroughly for questions about your previous roles and partner management strategies.

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Company Name: SBI General Insurance

Position: Senior Business Development Manager

Location: [Not specified]

Application Process: Walk-in interview in June 2022.

Interview Rounds:

  • Round 1 - Resume Shortlist:

  • Questions Asked: N/A (Resume screening round)

  • Your Approach: Ensured my resume was crisp and highlighted relevant experience in sales and business development.

  • Outcome: Shortlisted for the next round.

  • Round 2 - One-on-one Interview:

  • Questions Asked:

    1. “Tell me about yourself.”
    2. “About your experience of sales.”

  • Your Approach:

    • For the first question, I gave a concise overview of my professional background, focusing on my sales and business development experience.
    • For the second question, I discussed specific achievements and challenges in my sales career, emphasizing my ability to meet targets and handle teams.

  • Outcome: Awaiting results.

Preparation Tips:

  • Focus on sales and team-handling skills.
  • Highlight target achievement in your resume and during the interview.
  • Maintain a positive attitude throughout the interview process.

Conclusion:
The interview was straightforward, with a focus on my sales experience and achievements. I felt confident about my responses but would recommend preparing more detailed examples of sales strategies for future interviews.

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Company Name: SBI General Insurance

Position: Senior Business Development Manager

Application Process: I applied via Naukri.com and was interviewed before September 2022.

Interview Rounds:

  • Round 1 - Resume Shortlist:

    • Outcome: My resume was shortlisted for further rounds.

  • Round 2 - One-on-one Round (Technical/General):

    • Questions Asked:
      1. General questions about insurance and related topics.
      2. Confidence test.
    • Your Approach: I answered the insurance-related questions based on my prior experience and knowledge. For the confidence test, I maintained a calm and composed demeanor.
    • Outcome: I cleared this round.

  • Round 3 - One-on-one Round (Confidence Test):

    • Questions Asked:
      1. Another confidence test.
    • Your Approach: I focused on demonstrating my confidence through clear communication and body language.
    • Outcome: I progressed to the next round.

  • Round 4 - HR Round:

    • Questions Asked:
      1. Salary negotiations.
    • Your Approach: I discussed my salary expectations based on industry standards and my experience.
    • Outcome: The round concluded with further discussions on the offer.

Preparation Tips:

  • Brush up on general insurance concepts and industry trends.
  • Practice confidence-building exercises to handle confidence tests effectively.
  • Be prepared to negotiate salary based on your research and experience.

Conclusion:
Overall, the interview process was smooth, and the questions were aligned with the role. I could have prepared more thoroughly for the confidence tests, but my experience helped me navigate the rounds successfully. For future candidates, I recommend focusing on both technical knowledge and soft skills like confidence and negotiation.

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Company Name: SBI General Insurance

Position: Senior Business Development Manager

Application Process: Applied through an online job portal.

Interview Rounds:

  • Round 1 - HR Interview:

    • Questions Asked:
      • “Why do you want to do sales?”
    • Your Approach: I emphasized my passion for building relationships and driving business growth, highlighting my previous experience in sales and how it aligns with the role.
    • Outcome: Cleared the round and moved to the next stage.

  • Round 2 - Technical Interview:

    • Questions Asked:
      • Questions related to inside sales, lead generation, telemarketing, and telesales.
    • Your Approach: I discussed my hands-on experience in these areas, providing examples of successful campaigns and strategies I’ve implemented.
    • Outcome: Successfully cleared the round.

Preparation Tips:

  • Brush up on sales techniques, especially inside sales and telemarketing.
  • Be ready to discuss real-life examples of lead generation and telesales.
  • Practice answering why you’re interested in sales, as it’s a common question.

Conclusion:
The interview process was smooth, and the questions were aligned with the role’s requirements. I felt confident discussing my experience, but I could have prepared more case studies to showcase my impact. For future candidates, focus on practical examples and be clear about your motivation for sales.

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Company Name: SBI General Insurance

Position: Senior Business Development Manager

Location: [Not specified]

Application Process: I applied via a walk-in interview in August 2021.

Interview Rounds:

  • Round 1 - Technical Interview:

    • Questions Asked:
      1. Previous job profile and your value addition to the company?
      2. How you can adjust yourself to different work environments?
      3. Your ability of adaptation, eagerness of learning, and delivering results?
    • Your Approach: I focused on highlighting my past achievements and how I contributed to my previous roles. For adaptability, I shared examples of how I quickly adjusted to new teams and projects.
    • Outcome: Successfully cleared the round.

  • Round 2 - HR Interview:

    • Questions Asked: Similar questions about adaptability and learning were reiterated, along with queries about my long-term goals.
    • Your Approach: I emphasized my willingness to learn and grow within the company, aligning my goals with the organization’s vision.
    • Outcome: Cleared this round as well.

  • Round 3 - Final Interview:

    • Questions Asked: A mix of technical and behavioral questions, including how I would handle specific business development challenges.
    • Your Approach: I provided structured answers, using the STAR method for situational questions.
    • Outcome: Successfully cleared the final round.

Preparation Tips:

  • If you’re a fresher, focus on showcasing your confidence and eagerness to learn.
  • For experienced candidates, be thorough about your past projects and how they align with the role.

Conclusion:
Overall, the interview process was smooth, and the questions were aligned with the role’s requirements. Being confident and well-prepared about my past experiences helped me perform well. For future candidates, I’d advise practicing common behavioral and technical questions relevant to business development roles.

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Company Name: SBI General Insurance

Position: Senior Business Development Manager

Application Process: Applied through a referral and online application process.

Interview Rounds:

  • Round 1 - One-on-One Interview:
    • Questions Asked:
      1. Can you explain the different types of insurance policies?
      2. What is a money-back policy, and how does it work?
    • Your Approach: I focused on providing clear and concise explanations, using real-life examples to illustrate the concepts. For the money-back policy, I highlighted its benefits and how it differs from other policies.
    • Outcome: Successfully cleared the round and moved forward in the process.

Preparation Tips:

  • Thoroughly understand the basics of insurance policies, including their types and features.
  • Familiarize yourself with specific policies like money-back policies and their advantages.
  • Practice explaining complex concepts in simple terms to ensure clarity during the interview.

Conclusion:
The interview was a great learning experience. I realized the importance of being well-versed in the specifics of insurance products. For future candidates, I’d recommend focusing on practical examples and staying confident while answering.

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Company Name: SBI General Insurance

Position: Senior Business Development Manager

Location: [Not specified]

Application Process: I applied via a referral and was interviewed in May 2023.

Interview Rounds:

  • Round 1 - Resume Shortlist:

    • Questions Asked: Proper alignment and formatting of the resume were emphasized.
    • Your Approach: Ensured my resume was well-structured and aligned to make it easy for the recruiter to review.
    • Outcome: Successfully shortlisted for the next round.

  • Round 2 - HR Round:

    • Questions Asked:
      • “Tell me about yourself.”
      • “Explain the concept of insurance policies.”
      • “What do you know about IRDA?”
      • “Basic insurance details and about yourself.”
    • Your Approach: Prepared a concise introduction and brushed up on insurance concepts and IRDA regulations.
    • Outcome: Cleared the HR round and moved to the next stage.

  • Round 3 - Group Discussion Round:

    • Questions Asked: Discussion on basic insurance policy plans.
    • Your Approach: Actively participated, shared insights, and listened to others’ points.
    • Outcome: Successfully navigated the group discussion.

Preparation Tips:

  • Gain confidence and a solid understanding of basic life insurance concepts.
  • Ensure your resume is well-formatted and easy to read.

Conclusion:
Overall, the interview process was smooth, and I felt well-prepared. Focusing on resume presentation and brushing up on insurance basics were key. For future candidates, I’d recommend thorough preparation on insurance policies and staying confident throughout the process.

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Company Name: SBI General Insurance

Position: Senior Business Development Manager

Location: [Not specified]

Application Process: I applied via a walk-in interview in July 2021.

Interview Rounds:

  • Round 1 - Technical Interview:

  • Questions Asked:

    • How would you achieve your target?

  • Your Approach: I focused on demonstrating my strategic planning and execution skills, emphasizing past experiences where I successfully met or exceeded targets.

  • Outcome: Passed to the next round.

  • Round 2 - HR Interview:

  • Questions Asked:

    • General HR questions about my background, motivation, and fit for the role.

  • Your Approach: I maintained a confident and positive demeanor, aligning my responses with the company’s values and goals.

  • Outcome: Advanced to the next stage.

  • Round 3 - Case Study:

  • Questions Asked:

    • A practical case study related to business development in the insurance sector.

  • Your Approach: I analyzed the case thoroughly, proposed actionable solutions, and justified my recommendations with data and logic.

  • Outcome: Successfully cleared the round.

  • Round 4 - Final Interview:

  • Questions Asked:

    • A mix of technical and behavioral questions to assess overall suitability.

  • Your Approach: I combined my technical knowledge with soft skills, ensuring a balanced and confident performance.

  • Outcome: Received positive feedback and moved forward in the process.

Preparation Tips:

  • Be positive and bold during discussions.
  • Focus on being constructive and realistic in your responses.
  • Prepare thoroughly for case studies and technical questions related to business development and insurance.

Conclusion:
The interview process was comprehensive and tested both technical and interpersonal skills. Being confident and well-prepared helped me perform well. For future candidates, I recommend staying calm, showcasing your problem-solving abilities, and aligning your answers with the company’s objectives.

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Company Name: SBI General Insurance

Position: Senior Business Development Manager

Location: [Location not specified]

Application Process: [Application process details not provided]

Interview Rounds:

  • Round 1 - Interview:
  • Questions Asked:
    • Why Max?
    • Don’t take offer in Max?
    • No growth?
    • Short time or long time?
  • Your Approach: [Candidate’s approach not provided]
  • Outcome: [Outcome not specified]

Preparation Tips:

  • No interview preparation tips were shared, but the candidate mentioned that it’s a “problem-making company” with issues involving the branch manager and regional manager.

Conclusion:

  • The candidate did not provide a detailed conclusion but implied dissatisfaction with the company’s management and processes. They advised against interviewing with the company.