Quote:
Originally Posted by Unregistered
I think likely the first BM declined to hire you and you were given a second chance with the next BM. You must be crazy to turn down this job instead of continuing as a door to door insurance agent! And especially since you are only a Dip holder!
If you have a "Bancassurance manager" job representing an insurance company, you basically rep the company to sell your products to the sales people in the banks so that they will in turn sell for you. A lot of drinking and relationship building in this role. As a "Bancassurance specalist" in a bank, you are probably the only 1 in the branch and you have to support all the sales people in SELLING (paperwork etc still done by themselves). Meaning that the PBs will call you for help to close cases and you probably get an overiding commission. Easy job if you manage your relationships properly.
Career advancement wise I think if you are successful you may be able to progress along the sales management track in the consumer bank, ie branch manager, director, etc.
In the banking industry everything is based on your friend's friend friend good graces so you should not have turned down your friend's offer to put in a good word for you. Anyway if you are asked to leave just go back to becoming an insurance agent. it's much easier than becoming a bancassurance specalist where there is only 1 per X sales staff in the entire branch.
Choose wisely.
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Thanks for your response, both BM under the same team, there will be a chance for rotation between them.