If you are looking at banks for both roles, then yes, either route will bring you to be a RM or Branch Manager if you do well. All are just names. You are still a sales man, just with or without experience only.
If you are looking at Bancassurance, why not look into Financial Institution instead? FI has recurrent commission while banks do not have.
As for if bancassurance having a higher payout of commission than PBA, that i'm not sure.
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