Preview Questions Sales Manager (Bancassurance) | Role Specific Skill

Question 1: What is the primary purpose of segmentation in bancassurance sales planning?

Which action should you take?

Choose only one option

Minimizing operational costs

Targeting products to the most relevant customer groups

Maximizing total sales volume

Ensuring compliance with underwriting policies

Question 2: What is the most effective way to personalize communication with bancassurance clients?

Which action should you take?

Choose only one option

Sending generic newsletters with basic product information

Using CRM tools to track client preferences and tailor messages

Offering the same products to all clients regardless of their profile

Communicating solely through automated messages to save time

Question 3: Which leadership style is most effective for a Sales Manager in bancassurance when managing a high-performing team?

Which action should you take?

Choose only one option

A transformational leadership style that inspires and motivates the team

An autocratic leadership style that controls every decision

A laissez-faire leadership style that allows full autonomy

A transactional leadership style that focuses on rewards and punishments

Question 4: When implementing a sales incentive program, which of the following factors is most crucial for motivating a bancassurance sales team?

Which action should you take?

Choose only one option

Offering individual incentives without team-based rewards

Focusing solely on financial rewards

Creating highly competitive targets for everyone

Aligning incentives with individual goals and team performance

Question 5: What is the most critical factor in aligning bancassurance product offerings with market trends?

Which action should you take?

Choose only one option

Aggressively marketing through multiple channels

Ensuring high flexibility in features

Offering the lowest premium

Regularly analyzing demographic changes

Question 6: How does customer segmentation impact client relationship management in bancassurance?

Which action should you take?

Choose only one option

It helps in designing differentiated marketing strategies for each group

It discourages personalized communication with clients

It allows for price-based competition among similar customer segments

It reduces the need for customer support services