Preview Questions Sales Manager (Bancassurance) | Role Specific Skill

Question 1: 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 2: 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 3: What is the most effective method for tracking the performance of bancassurance products in the market?

Which action should you take?

Choose only one option

Analyzing competitor product offerings

Focusing on agent feedback alone

Tracking product-specific sales data

Conducting quarterly customer surveys

Question 4: How can a Sales Manager in bancassurance effectively align sales and marketing teams to improve overall sales performance?

Which action should you take?

Choose only one option

Regular cross-departmental meetings to share insights

Having the sales team handle marketing tasks

Directing all efforts to product development

Focusing only on lead generation

Question 5: What is the most significant benefit of proactive communication with bancassurance clients?

Which action should you take?

Choose only one option

Reduced client complaints

Better cross-selling opportunities

Higher policy renewal rates

Improved brand perception

Question 6: When leading a bancassurance sales team, how should you handle underperforming team members?

Which action should you take?

Choose only one option

Ignore the issue and focus on high performers

Penalize them to increase accountability

Provide additional coaching and set clear, achievable targets

Reassign them to non-sales roles immediately