Insurance Executive should be well versed in administrative and clerical duties in order to perform its duties. He should thoroughly monitor and oversee the day to day operations of its department. Insurance Executive should plan, organize and coordinate projects and sales target. He should make sure that the budgets are not exceeding, targets are successfully achieved within the set deadline. Insurance Executive should have executive skills in strategic planning and ability to assess profit and loss for its company.
Interview is a process by which an employer tries to find the right candidate for the right job by asking some mental, endurance, confidence based questions.
1.What are the essential qualities to be a good Insurance Executive?
An Insurance Executive should possess excellent administrative, executive and clerical qualities in order to perform its duties effectively. He should delegate the tasks in the most appropriate manner. He should be a strategic planner who could analyze current and future budget allocations, profit and loss and market trends. He should be very analytical and methodical in his approach.
2.Why have you chosen sales career?
I have chosen sales career because I have the right requisites to be a successful sales and marketing executive. I have excellent communication and interpersonal skills. I have a vast network which would help me a lot in finding potential clients. I have excellent convincing and persuading ability which helps in selling the insurance policies.
3.What are your weaknesses?
As I am a perfectionist, I want my work to be very precise and accurate and in achieving this objective I sometime waste valuable time in getting the things extremely accurate. I tend to show complete faith and trust on someone who would be nice and polite to me but I was completely wrong in gauging that person since that same person ditched me.
4.What is your biggest achievement till date?
In my previous job I was a given a sales target to sell a minimum of twenty medical insurance policies in a particular month. The target was difficult in the sense that it was a very lean business period owing to severe inflation in the market, but I thoughtfully analyzed the situation and reduced the selling price of the medical insurance policy with prior permission from the seniors which resulted in the quick selling of the policy.
5.Were your ideas and thoughts ever implemented by your previous company?
My ideas and thoughts were always implemented into practical usage by my previous company. Owing to my strong work ethics and enhanced productivity my supervisor would always encourage me in getting the best ideas out from me.
These are some of the most frequently asked interview questions that appear for this position. Candidates should be thoroughly prepared to answer these types of questions.
