drjobs Bancassurance Sales Associate Lead

Bancassurance Sales Associate Lead

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1 Vacancy
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Job Location drjobs

Singapore - Singapore

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

Description

We are seeking an experienced and dynamic Bancassurance Sales Associate Lead to primarily drive the sales of Life & GI products from Income Insurance through our strategic partnership with Trust Bank a leading digital bank in Singapore.

The ideal candidate will be responsible for overseeing the execution of a highly innovative digital-first bancassurance strategy focused on achieving high growth in both sales and customer acquisition. This is an exciting opportunity to be part of a collaborative and forward-thinking team with a focus on leveraging digital tools technologies and platforms to deliver exceptional customer experiences and sales results.

The Role Responsibility:

  • Sales Leadership & Strategy:Develop implement and refine sales activity management to drive the Bancassurance sales strategy for the partnership with Income ensuring alignment with organisational objectives growth targets and business development goals.
  • Digital Integration & Innovation: Lead a digital first approach by utilising advanced digital tools and technologies (including Trust Bank app and online platforms) to engage customers. Continuously explore innovative ways to use digital tools to drive sales productivity and growth.
  • Sales Target Achievement:Own and deliver the Objectives & Key Results (OKRs) total insurance solutions by leading and motivating a team of Bancassurance sales representatives to meet or exceed assigned sales targets forlife and general insurance products through Trust Banks platforms. Define and deliver sales plans and initiatives to ensure that sales targets are consistently met / exceeded.
  • Customer Experience & Education: Ensure a consultative sales approach focused on needs-based recommendations compliant selling practices and long-term customer value. Ensure and deliver a seamless and positive experience for customers throughout their journey from onboarding to policy issuance utilising digital channels to educate and guide them through the decision-making process.
  • Team Leadership & Development: Recruit build manage and mentor a high-performing team of Bancassurance sales representatives providing regular coaching and development opportunities. Encourage a culture of excellence teamwork and high engagement.
  • Stakeholder Management: Collaborate closely with product marketing operations and insurance partner to enhance product awareness and uptake.
  • Market Insights Performance Tracking & Reporting: Monitor and analyse market trends customer preferences competitor strategies KPIs and use data to adapt and optimise sales efforts and to improve funnel conversions. Prepare and provide regular performance updates reports and forecasts to senior management
  • Compliance & Risk Management: Uphold and ensure compliance with all applicable laws regulatory guidelines internal standards and company policies maintaining a high level of ethical and quality assurance standards in all customer interactions and sales activities.

Our Ideal Candidate:

  • 5 years of experience in bancassurance or insurance sales management including at least 3 years in a team leadership role (3 to 5 members). Proven success in driving growth through partnerships with financial institutions preferably within the digital or tech-driven sector.
  • Proven track record of achieving or exceeding sales targets.
  • A Polytechnic Diploma or Degree in Business Finance Marketing or a related field is preferred. Relevant insurance or financial planning certifications (e.g. CMFAS M5 M9 M9A HI BCP PGI) will be required.
  • Strong understanding of digital banking online insurance platforms and digital tools such as CRM systems mobile apps and social media for customer engagement. Familiarity with the digital landscape in Singapore is a must.
  • Demonstrated leadership coaching and team development skills with experience managing and motivating a sales team. Ability to drive results in a fast-paced digitally evolving environment.
  • Excellent verbal and written communication skills with the ability to present complex insurance solutions in a clear engaging and customer-friendly manner.
  • In-depth knowledge of the insurance industry including life general and health insurance products as well as a deep understanding of the regulatory landscape in Singapore.
  • Strong analytical skills to assess data market trends and customer insights to formulate effective sales strategies.
  • A passion for delivering exceptional customer experiences with a focus on understanding customer needs and offering tailored solutions.

Note: This role ispart of Trust Bank team. Recruitment for this role is facilitated by Income Insurance in partnership with Trust Bank.

As part of the recruitment process please note that your information will be shared with Trust Bank Income Insurance and their respective third-party service providers and representatives (for evaluation and hiring purposes.

Why Join Trust Bank

  • Innovative Edge: Be part of a bold digital-first bancassurance venture reshaping how insurance is delivered.
  • Rewarding Growth: Competitive compensation and benefits performance incentives and room to grow within a fast-evolving organisation.
  • Career Development: Access to training mentorship and continuous learning opportunities.
  • Vibrant Culture: Work alongside a passionate collaborative and diverse team making real industry impact.
  • Balanced Living: Enjoy flexible work arrangements and wellness support for a healthy work-life balance.

Application Process:

If youre a results-driven professional with a passion for digital transformation in the bancassurance space apply now to be part of a team thats shaping the future of insurance sales.




Required Experience:

IC

Employment Type

Full-Time

Company Industry

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