Financial and insurance services branch managers

Financial and insurance services branch managers plan, direct, and coordinate the branches of institutions that provide financial and insurance services, such as banks, building societies, credit unions and insurance companies. They provide advice and assistance to clients on financial and insurance matters.

Skill level: Skilled

Review your Income

  • The majority of Financial and insurance services branch managers earn a salary between USh490,499 and USh3,579,570 per month in 2024.
  • A monthly wage for entry-level Financial and insurance services branch managers ranges from USh490,499 to USh2,560,050.
  • After gaining 5 years of work experience, their income will be between USh570,119 and USh2,675,373 per month.

Duties and tasks

  • Planning, directing and coordinating the activities of staff in the branch
  • Establishing and maintaining relationships with individual and business customers
  • Providing advice and assistance to customers on their financial and insurance needs and on matters such as changes in law that may affect customers
  • Examining, evaluating and processing loan and insurance applications
  • Monitoring credit extension decisions
  • Conducting financial investigations
  • Overseeing the flow of cash and financial instruments, and the preparation of financial and regulatory reports
  • Approving or rejecting, or coordinating the approval or rejection of, lines of credit for commercial, real estate and personal loans
  • Coordinating cooperation with other branches of the company
  • Managing budgets, controlling expenditure and ensuring the efficient use of resources
  • Overseeing the selection, training and performance of staff

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