Bancassurance Sales Executive

PEOPLE PROFILERS (SERVICES) PTE. LTD.; Singapore; On-site; SGD 45,000 - 89,000; Full time

Benefits offered by this job

20+ days leave

Medical and dental cover

Encashable flex dollars

Job summary

PEOPLE PROFILERS (SERVICES) PTE. LTD. in Singapore seeks an experienced bancassurance sales professional to manage relationships with bank clients and drive insurance product sales. You will deliver expert financial guidance across a wide range of offerings and pursue new business opportunities to grow the bancassurance channel.

The role requires strong communication, business acumen, and the ability to work independently or with a team, while meeting sales targets within a compliant framework.

Qualifications

• Experience in bancassurance or financial sales roles; ability to manage client relationships and hit targets.
• Diploma or degree with CMFAS certifications advantageous.
• Excellent communication and interpersonal skills to build rapport with clients.

Responsibilities

• Develop and maintain strong relationships with bank clients and drive sales of insurance products.
• Provide financial advice and guidance across a range of insurance products.
• Identify new business opportunities and expand bancassurance through networking and bank partnerships.
• Meet and exceed sales targets and KPIs to drive division growth.
• Ensure advisory procedures and documentation comply with regulatory requirements and company policies.

Skills

Excellent communication

Interpersonal skills

Business acumen

Independent worker

Education

Diploma or Degree

CMFAS certifications

Tools

CRM systems

Job description

Summary

• Pay package comprises competitive basic salary, fixed allowance and attractive incentives structure
• Employee Benefits with more than 20 days annual leave entitlement, encashable iflex dollars, medical/dental cover, etc
• Work in CBD area, 5 day week
• Leads provided from Bank's customer leads with periodic top ups

Responsibilities

• Sales & Relationship Management: Develop and maintain strong relationships with bank clients, driving sales of insurance products through proactive outreach and regular follow-up to ensure customer satisfaction and retention
• Product Knowledge & Consultation: Act as a subject matter expert on a wide range of insurance products, providing valuable and accurate financial advice and guidance to customers
• Business Development: Identify new business opportunities and expand the bancassurance channel through effective networking, prospecting, and leveraging existing relationships with bank partners
• Target Achievement: Meet and exceed sales targets and KPIs, contributing to the overall growth and profitability of division
• Compliance & Risk Management: Ensure proper advisory procedures and documentation while adhering to all regulatory requirements, business processes and company policies, maintaining a high standard of professionalism and ethical conduct

Our Ideal Candidate

• Experience in bancassurance, financial sales, or insurance advisory roles. Experience in managing client relationships and achieving sales targets.
• Diploma (local polytechnic or equivalent) or degree with relevant CMFAS certifications will be advantageous
• Excellent communication and interpersonal skills, with the ability to build rapport and trust with clients.
• Strong business acumen and the ability to identify opportunities for growth within the bancassurance channel.
• Ability to work independently as well as in a team

We regret to inform you that only shortlisted applicants will be notified.