Banking job vs Insurance Job- Which would you rather take?

Niyi Briggs · Jun 14, 2023

Banking and insurance jobs are two jobs that are in the financial sector. Both jobs involve money. Banking involves managing and keeping of money while insurance involves management of financial risks.

Given a chance to choose between the two closely related jobs, which one would you choose based on stress level, higher incentives, career growth and other career related parameters? I would take insurance ahead of banking.

IB D · Jun 14, 2023

I think a banking job would give you more in depth exposure to the financial sector. And the banking sector is wider than the insurance sector. I would pick a banking job over an insurance job.

Springtime · Jun 17, 2023

I would prefer a banking job. Although banking and insurance are both in the financial sectors, I think banks offer better prospects for career advancement, more competitive salary and fringe benefits.

Shavkat · Jun 17, 2023

I prefer to be a banker than involving myself to insurance per se. It is hard to work and offer insurances to people. At least, I can be more productive working in a bank.

capri · Jun 17, 2023

Provided that I am not tasked with analysing matters, I would take a job in banking. I would want to be positioned as an administrator. This way, I would avoid the stress involved in analysis.

nomad · Jun 17, 2023

I do not have any experience working in a bank or working in an insurance company. However, based on my observation, I think you can earn better with insurance jobs if you are a good marketer.

Kennysplash · Jun 17, 2023

Insurance jobs are not readily available when compared to banking jobs, but it is a quote easy one to go for when compared with banking jobs. So I will go for insurance.

Niyi Briggs · Jun 17, 2023

I think that banking jobs are more tedious than insurance jobs. Insurance is also a lot less complex because it doesn't have to deal with rigorous balancing of accounts. I would take an insurance job over banking.

eldavis · Jun 18, 2023

For me though i do not think i would be willing to take anyone between the two. Cause i do not really like anything that has to do with calculations

aovurevu · Jun 20, 2023

Niyi Briggs said:
Banking and insurance jobs are two jobs that are in the financial sector. Both jobs involve money. Banking involves managing and keeping of money while insurance involves management of financial risks.

Given a chance to choose between the two closely related jobs, which one would you choose based on stress level, higher incentives, career growth and other career related parameters? I would take insurance ahead of banking.

I will always pick banking job over insurance jobs , insurance jobs depend on how much you can influence people to insure their properties with you and sometimes they do have monthly Target and expect their staff to always meet the target .

Niyi Briggs · Jun 20, 2023

aovurevu said:
I will always pick banking job over insurance jobs , insurance jobs depend on how much you can influence people to insure their properties with you and sometimes they do have monthly Target and expect their staff to always meet the target .

Banks don't have targets monthly? Bank targets for marketers are very crazy. It is those that are in the marketing department that are given these targets though. I think insurance companies are less stressful.

King Belieal · Jul 31, 2024

I think I would prefer a career in banking to one in insurance strictly based on availability of opportunities.

freelancermaria · Aug 2, 2024

If given a chance, I want to pursue a career in banking because I find it more interesting and I see many potential career opportunities in this field. Moreover, my aunt has worked in a large bank before, so I feel inspired to follow in her footsteps. Hehe

Banking job vs Insurance Job- Which would you rather take?

Niyi Briggs

Well Known

IB D

Well Known

Springtime

Well Known

Shavkat

Very Familiar

capri

Somewhat Known

nomad

Very Familiar

Kennysplash

Unfamiliar

Niyi Briggs

Well Known

eldavis

Very Familiar

aovurevu

Somewhat Known

Niyi Briggs

Well Known

King Belieal

Notable

freelancermaria

Well Known

Connect With Us