Bancassurance Advisor: Insurance & Banking Solutions

United Overseas Bank Limited (UOB); Singapore; On-site; SGD 40,000 - 60,000; Full time

Job summary

1011 United Overseas Bank Ltd is seeking a Bancassurance Advisor to promote and sell insurance products to our banking clients. You will educate customers, understand their needs, and recommend suitable options to enhance financial security.

You will engage with clients to understand goals, build relationships, and stay updated on new insurance products. Collaboration with client advisors and training are part of the role.

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.

Responsibilities

• Meet with clients to understand financial goals and insurance needs.
• Build and maintain strong relationships with existing and potential clients.
• Stay informed about the latest insurance products and policy changes.
• Provide comprehensive information about the features, benefits, and coverage options.
• Achieve sales targets and develop strategies to maximize opportunities within the bank's client base.
• Cross-sell insurance products to banking clients and collaborate with bank staff.
• Ensure adherence to regulatory requirements and company policies related to insurance sales.
• Maintain proper documentation for all transactions and client interactions.
• Address client queries and concerns regarding policy terms, claims, and renewals.
• Train bank staff on insurance products and participate in ongoing training sessions.

Skills

Communication

Interpersonal skills

Analytical

Problem-solving

Independent work

Teamwork

Customer service

Relationship management

Education

Bachelor's degree in Finance, Business Administration, or a related field

Certification in insurance

Job description

1011 United Overseas Bank Ltd is seeking a Bancassurance Advisor to promote and sell insurance products to our banking clients. You will educate customers, understand their needs, and recommend suitable options to enhance financial security.

You will engage with clients to understand goals, build relationships, and stay updated on new insurance products. Collaboration with client advisors and training are part of the role.