AVP/VP Bancassurance Advisor, Privilege Onshore

1011 United Overseas Bank Ltd; Singapore; Presencial; SGD 40.000 - 60.000; Jornada completa

Descripción de la vacante

United Overseas Bank Limited in Singapore seeks a Bancassurance Advisor to promote and sell insurance products, educate clients on policy options, and help them secure financial protection.

You'll build relationships with existing clients and bank staff, meet sales targets, and ensure compliant, well-documented transactions. CMFAS certifications welcomed; strong communication is essential.

Formación

• Bachelor’s degree in finance, business administration, or related field.
• Certification in insurance as required by local regulations.
• Prior experience in sales, financial services or insurance preferred.

Responsabilidades

• Meet with clients to understand their insurance needs and financial goals.
• Promote and sell insurance products managing client expectations.
• Cross-sell insurance to banking clients and collaborate with bank staff.
• Ensure compliance and maintain proper documentation for all transactions.

Conocimientos

Excellent communication

Interpersonal skills

Sales experience

Financial products knowledge

Educación

Bachelor’s degree in Finance, Business Administration, or related field

Insurance certification/training

Descripción del empleo

Company: 1011 United Overseas Bank Ltd

About UOB

United Overseas Bank Limited (UOB) is a leading bank in ASEAN with a global network in Southeast Asia, Asia Pacific, Europe and North America. Operating through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia, Thailand and Vietnam, we have a global network of about 430 branches and offices in 19 markets. At the heart of UOB is our culture, shaped by the UOB Way and anchored on our four values – Honourable, Enterprising, United and Committed. For more than 90 years, these values have guided how we do right by our customers, collaborate with one another and create long-term value for the communities we operate in. As One Bank, we are committed to helping our colleagues build sustainable careers grounded in purpose, supported by strong values, and enriched with meaningful opportunities to grow.

Job Description

The Bancassurance Advisor is responsible for promoting and selling insurance products. This role involves close collaboration with client advisors and educating customers about various insurance policies, understanding their needs, and recommending suitable options to enhance financial security.

Key Responsibilities

• Customer Engagement:
  • Meet with clients to understand their financial goals and insurance needs.
  • Build and maintain strong relationships with existing and potential clients.
• Product Knowledge:
  • Stay informed about the latest insurance products and policy changes.
  • Provide comprehensive information about the features, benefits, and coverage options.
• Sales and Target Achievement:
  • Achieve sales targets.
  • Develop strategies to maximize sales opportunities within the bank’s client base.
• Cross-Selling:
  • Identify opportunities to cross-sell insurance products to banking clients.
  • Collaborate with bank staff to integrate insurance offerings smoothly into banking services.
• Compliance:
  • Ensure adherence to regulatory requirements and company policies related to insurance sales.
  • Maintain proper documentation for all transactions and client interactions.
• Customer Service:
  • Address client queries and concerns regarding policy terms, claims, and renewals.
  • Provide ongoing support to clients throughout the policy lifecycle.
• Training and Development:
  • Train bank staff on insurance products to enhance their capability in selling.
  • Participate in ongoing training sessions to improve knowledge and sales techniques.

Qualifications

• Bachelor’s degree in Finance, Business Administration, or a related field.
• Certification in insurance (as required by local regulations).
• Prior experience in sales, financial services or insurance preferred.
• Strong understanding of financial products and markets.

Skills

• Excellent communication and interpersonal skills.
• Strong analytical and problem-solving abilities.
• Ability to work independently and in a team.
• Proficient in customer service and relationship management.

Additional Requirements

• CMFAS HI - Certificate in Health Insurance - Singapore
• CMFAS M5 - Rules & Regulations for Financial Advisory Services - Singapore
• CMFAS M9A - Life Insurance and Investment-Linked Policies II - Singapore
• CMFAS M9 - Life Insurance & Investment-Linked Policies - Singapore

Be a Part of the UOB Family

UOB is an equal opportunity employer. UOB does not discriminate on the basis of a candidate's age, race, gender, color, religion, sexual orientation, physical or mental disability, or other non-merit factors. All employment decisions at UOB are based on business needs, job requirements and qualifications. If you require any assistance or accommodations to be made for the recruitment process, please inform us when you submit your online application.

UOB is rated as one of the world's top banks, ranked 'Aa1' by Moody's Investors Service and 'AA-' by both S&P Global and Fitch Ratings. With a global network of 500 branches and offices across 19 countries in Asia Pacific, Europe and North America. In Asia, we operate through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia, Thailand and Vietnam, as well as branches and offices throughout the region.

Career Site: UOB Career site