Bancassurance Sales Associate

Trust Bank; Singapore; On-site; SGD 30,000 - 40,000; Full time

Job summary

Trust Bank is seeking a Bancassurance Sales Associate to drive growth in their bancassurance channel. This role focuses on managing client relationships and promoting insurance products, with a focus on achieving sales targets in a dynamic environment. Ideal for fresh graduates with a keen interest in financial services, the position offers opportunities for professional growth and working in a collaborative team.

Qualifications

• Fresh graduates preferred; experience in front-line sales is an advantage.
• Relevant certifications like CMFAS modules (M5, M9, M9A) are beneficial.
• Interest in insurance products, especially life, health, and general insurance.

Responsibilities

• Manage relationships with clients and promote insurance products.
• Meet sales targets and KPIs to drive profitability in the bancassurance division.
• Conduct customer needs analysis to provide tailored insurance solutions.

Skills

Communication

Sales

Relationship Management

Business Acumen

Education

Diploma or degree in Finance, Business, or related field

Job description

Trust is the first of a new breed of banks in Singapore – digitally native and focused on delivering a delightful customer experience. You will work in a fast-paced and collaborative environment to solve new and interesting challenges each day. Together with our Trust team, you will help shape the future of our bank and be able to work on and solve many interesting challenges which we are facing, learn new ways of working, and help build delightful high-quality products for our customers.

As a Bancassurance Sales Associate you'd be able to work on and solve some of the many interesting challenges we are facing, learn new ways of working, and sell delightful high-quality products to our customers.

Job Responsibilities

As a Bancassurance Sales Associate, you will play a key role in driving the growth and success of our bancassurance channel by managing relationships with bank clients and promoting our comprehensive suite of insurance products. You will work closely with the bank’s partner to create tailored solutions that meet the financial and insurance needs of their customers,leveragingyour strongexpertisein insurance and sales to drive results. This is an exciting opportunity for individuals who are passionate about financial services and thrive in a dynamic, fast-paced environment.

The Role Responsibility:

• Sales & Relationship Management: Promote life, health and general insurance products to the bank’s clients via face-to-face and digital channels. Deliver high-quality after-sales service andmaintainstrong relationships with the bank’s clients through proactive outreach and regular follow-up to ensure customer satisfaction and retention.
• Target Achievement: Meet and exceed sales targets and KPIs, contributing to the overall growth and profitability of the bancassurance division. Use data and analytics tomonitorperformance and continuously improve sales strategies.
• Product Knowledge & Advisory: Act as a subject matter expert on a wide range of insurance products, providing valuable andaccuratefinancial advice and guidance to existing bank partner’s customers. Stay up to date with the latest product offerings and market trends to effectively promote solutions that deliveroptimalvalue. Conduct customer needs analysis toidentifygaps and ensure that customer needs are met with insurance solutions that align with their financial goals.
• Business Development: Identify new business opportunities and expand the bancassurance channel through customer profiling, referrals andleveragingexisting relationships with bank partners. Build a pipeline of leads and convert them into long-term clients.
• Stakeholder Collaboration: Work closely with Sales Managers and business teams to maximise sales opportunities. Provide feedback to improve product design, marketing and operational processes.
• Compliance & Risk Management: Ensure proper advisory procedures and documentation while adhering to all regulatory and legal requirements, business processes and company policies,maintaininga high standard of professionalism and ethical conduct in all interactions. Maintain accurate records of customer interactions and sales outcomes.

In order to be successful at the role, you must have the following:

• As we are considering fresh graduates for the role, experience in any front-line sales role is highly preferred but not mandatory.
• A diploma or degree inFinance,Business, or a related field is preferred.
• Relevant certifications (i.e., CMFAS modules such as M5, M9, M9A, HI, BCP, PGI) will beadvantageous but not mandatory.
• A general understanding and interest in insurance products, including life, health, and general insurance.
• Excellent communication and interpersonal skills, with the ability to build rapport and trust with clients.
• Strong business acumen and the ability toidentifyopportunities for growth within the bancassurance channel.
• Ability to work independently as well as in a team-oriented environment.

Role Specific Technical Competencies:

Skill

Targetproficiencylevel

Advanced

Advanced

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

If you apply for a job with Trust or submit any personal information in connection with a possible job opportunity, you agree to our privacy notice for job applicants.

Come as you are! Trust is an inclusive and open-minded workplace. If you are good at what you do and care about doing a good job, that’s what we focus and want from you. So come as you are.

Trust is an equal opportunity employer. We prohibit discrimination and harassment of any kind. We are committed to the principle of equal employment opportunity for all employees and to providing employees with a work environment free of discrimination and harassment.All employment decisions at Trust are based on business needs, job requirements and individual qualifications, without regard to age, gender, physical ability, race, religion or belief, family or parental status, sexuality, or any other status protected by laws or regulations. We will not tolerate discrimination or harassment based on any of these characteristics. We encourage applicants of all ages.

Apply for this job

*

indicates a required field

First Name *

Last Name *

Email *

Phone *

Resume/CV *

Enter manually

Accepted file types: pdf, doc, docx, txt, rtf

If you are currently or formally a Standard Chartered employee applying for a role at Trust Bank, please let us know your Bank ID. If not applicable, kindly indicate as N.A: *

Do you require a visa to work in Singapore? * Select...

Are you currently/have you been in an audit partner role involved in an external audit engagement with Trust Bank? * Select...

Are you currently/have you been in an audit senior role (e.g. Audit Director or Audit Senior Manager) involved in an external audit engagement with Trust Bank? * Select...

By answering 'Yes', you agree to the Trust Recruitment Privacy Notice * Select...