RenewBuy
RenewBuy interview process guide: screening call, functional interview, role-play round, and HR discussion for insurance and sales roles.
- 105 open jobs
- 2015 founded
- Gurugram headquarters
About RenewBuy
RenewBuy is an Indian digital insurance distribution company founded in 2015 and headquartered in Gurugram, Haryana. The company sells motor, health, life, and OPD insurance policies through a technology-enabled platform combined with a large network of point-of-sale advisors spread across the country.
RenewBuy operates more than 68 branch offices and works with tens of thousands of insurance advisors, positioning itself as a tech-enabled alternative to traditional agency-led insurance distribution in India, with a growing focus on tier-2 and tier-3 cities alongside metros.
RenewBuy Careers on Jobaaj typically feature openings in sales and business development, insurance advisor management, operations, technology, and customer support, hiring both freshers and experienced professionals from banking, insurance, and financial services backgrounds. The company values candidates comfortable with target-driven, field-facing roles.
RenewBuy hiring process
1. Application and resume screening
Candidates typically apply through Jobaaj or the company careers page, and recruiters shortlist profiles based on relevant sales, insurance, or operations experience.
2. Screening call
A recruiter typically conducts a short phone or video call to understand the candidate's background, communication skills, and comfort with target-based or field roles.
3. Functional interview
A hiring manager from sales, operations, or technology evaluates domain knowledge and past achievements, often through scenario-based questions relevant to insurance distribution.
4. Case or role-play exercise (select roles)
For advisor-facing or sales roles, candidates may be given a short role-play, such as explaining a motor insurance policy to a customer, to assess communication and persuasion skills.
5. Managerial round
A senior manager assesses ownership, target orientation, and fit with the fast-growing, technology-driven culture of the organisation.
6. HR interview and offer
The final HR round covers compensation, location, and joining timelines, followed by an offer letter and onboarding.
RenewBuy interview rounds
RenewBuy's interview process typically has three to four rounds for most sales and operations roles, with an emphasis on communication skills and comfort working with a distributed advisor network.
Round 1: Screening call
A recruiter conducts a 15-20 minute call to review your background in sales, insurance, or financial services, understand your reasons for applying, and confirm basic fit for the role.
- Walkthrough of your résumé and relevant experience
- Comfort with target-based or advisor-facing work
Round 2: Functional interview
A hiring manager tests domain knowledge and problem-solving over a 30-40 minute discussion relevant to insurance sales or operations, often probing how you would build and manage a network of advisors.
- Basics of motor, health, or life insurance products
- Handling a difficult point-of-sale advisor or customer
Round 3: Role-play or case exercise
For advisor-facing roles, a short role-play tests communication and persuasion skills in a simulated sales scenario, checking how clearly you can explain policy terms to a non-expert customer.
- Explaining a motor insurance policy to a first-time buyer
- Handling an objection about premium pricing
Round 4: HR interview
The final round covers compensation, location, and joining formalities, typically lasting 20-30 minutes, along with a brief overview of incentive structures and growth path.
- Salary expectations and current notice period
- Willingness to travel for advisor or branch visits
RenewBuy salaries
| Designation | Average salary |
|---|---|
Branch / Area Manager Experience: 6 - 10 years yrs |
₹ 13.6 Lakhs /year Typical range â‚ą9.6 L – â‚ą17.6 L/yr |
Credit / Risk Analyst Experience: 2 - 5 years yrs |
₹ 8.4 Lakhs /year Typical range â‚ą5.6 L – â‚ą11.2 L/yr |
Assistant Manager Experience: 2 - 5 years yrs |
₹ 6.8 Lakhs /year Typical range â‚ą4.8 L – â‚ą8.8 L/yr |
Relationship Manager Experience: 1 - 4 years yrs |
₹ 4.8 Lakhs /year Typical range â‚ą3.2 L – â‚ą6.4 L/yr |
Figures are estimates based on typical market ranges for this role and sector, not company-published pay. Actual offers vary by location, skills and negotiation.
RenewBuy interview questions
Question banks most relevant to roles at RenewBuy, with model answers.
RenewBuy interview FAQs
Q1How many rounds does the RenewBuy interview process typically have?
RenewBuy's process typically has three to four rounds, including a screening call, a functional interview with a hiring manager, sometimes a role-play exercise for sales roles, and a final HR discussion on compensation and joining.
Q2How long does the RenewBuy hiring process usually take?
The process typically takes about one to three weeks from application to offer, moving relatively quickly for sales and advisor-facing roles compared to specialised technology or operations positions.
Q3How would you explain a motor insurance policy to a first-time customer?
A good answer covers explaining coverage, exclusions, and premium factors in simple language, highlighting add-ons relevant to the customer's needs, and avoiding jargon so the customer can make an informed, confident decision.
Q4Why do you want to work at RenewBuy?
Focus on your interest in insurance distribution and financial inclusion, RenewBuy's technology-led advisor model, and how your sales or operations background fits the company's growth in tier-2 and tier-3 markets.
Q5How would you motivate an underperforming point-of-sale advisor?
Explain that you would first understand the specific challenges the advisor faces, provide targeted training or product knowledge support, set achievable short-term goals, and recognise small wins to rebuild confidence and performance.
Q6What is the typical entry point and salary structure for freshers at RenewBuy?
Freshers typically join as sales executives or business development associates; compensation usually includes a fixed component plus incentives tied to policy sales, following industry-standard structures for insurance distribution and insurtech companies.
Quick facts about RenewBuy
- Is RenewBuy a public or private company?
- Ownership: Private (venture-funded).
- Who founded RenewBuy?
- RenewBuy was founded by Indraneel Chatterjee, Balachander Sekhar, Sekhar Subramanya Pasupathy, Devesh Joshi.
- Who is the CEO of RenewBuy?
- As recorded on this profile, Balachander Sekhar leads RenewBuy. Leadership can change - check the company's own site for the current position holder.
- What does RenewBuy do?
- RenewBuy operates in Digital insurance distribution.
105 open jobs at RenewBuy
Apply on Jobaaj, and use this guide to prepare before your first round.
Log in with Google
Log in with LinkedIn
