Preview Questions Sales Manager (Bancassurance) | Role Specific Skill

Question 1: How can a sales manager balance the need for strong client relationships while achieving sales targets in bancassurance?

Which action should you take?

Choose only one option

Focusing solely on closing deals as quickly as possible

Prioritizing the client's long-term needs and offering the right solutions

Offering the lowest premiums to increase sales volume

Disengaging from clients after the initial sale to focus on new leads

Question 2: What sales strategy should be adopted when launching a new bancassurance product in a competitive market?

Which action should you take?

Choose only one option

Emphasize the unique selling proposition (USP) of the product

Introduce a complex product lineup to capture market share

Focus on volume sales with low margins

Rely on heavy discounts and promotions

Question 3: How can a Sales Manager use customer lifecycle management to enhance client relationships?

Which action should you take?

Choose only one option

By aligning products with client's initial needs

By limiting contact to prevent dissatisfaction

By focusing only on policy renewals

By identifying key touchpoints for engagement

Question 4: What is the most important aspect to consider when designing a bancassurance sales pitch for a new product?

Which action should you take?

Choose only one option

Offering the product at a lower price than competitors

Delivering the pitch through a single channel

Focusing solely on the product's features

Tailoring the pitch to the customer's specific needs and financial goals

Question 5: How can a Sales Manager (Bancassurance) effectively balance team performance with individual development?

Which action should you take?

Choose only one option

Prioritize individual development over team goals

Emphasize only team outcomes

Focus solely on achieving targets

Create a balance of performance-driven and developmental goals

Question 6: What is the most critical factor to include in a sales territory management plan for bancassurance?

Which action should you take?

Choose only one option

Minimizing customer service costs

Prioritizing regions with low competition

Concentrating all efforts in one region

Identifying regions with high growth potential