Banking industry: Bancassurance vs Personal Banking Assoc
I have received offers as a Bancassurance Assoc and Personal Banking Assoc (/brunch relationship manager). I would love to hear opinions about the difference in prospects & how the two tracks compare.
I understand that both are essentially sales roles, and the remunerations offered are pretty much the same.
Difference lies in Banc being purely selling insurance, while PBA/brunch RM involves more kinds of products (e.g insurance loans).
In terms of career progression, hiring managers painted a nice pic for Banc as having the same route as PBA/Brunch RM where moving up in management or sales are both possible, except that Banc receives a much better pay back.
How true are these? Appreciate all your thoughts!
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