Business Development Manager (Agency)

Prudential Services Asia; Singapore; On-site; SGD 80,000 - 105,000; Full time

Job summary

Prudential plc seeks a role focused on building and monitoring agency distribution. You will work with Agency Leaders and Financial Consultants to drive sales, campaigns, and promotions while aligning with recruitment and compliance teams.

The role requires leadership, strong communication, and knowledge of insurance/investment sales. This position is based in Singapore and offers a full-time career path within the Agency Distribution channel.

Qualifications

• Bachelor in Business or related field.
• CMFAS M5, M9, M9A and HI certifications preferred.
• Sales experience in insurance/investment sales is preferred.
• Excellent communication and leadership abilities.

Responsibilities

• Monitor agency sales through analyses and reports.
• Lead agency initiatives like Leads campaigns, MDRT, awards, promotions.
• Create a culture of commitment and achievement.
• Support recruitment efforts within the cluster.
• Assist in developing sales incentives at department and cluster level.
• Address issues for Agency Leaders and Financial Consultants.
• Build strong relationships with internal and external customers.
• Drive process improvement implementations.
• Coordinate with Compliance on FC/AL regulatory adherence.

Skills

Leadership

Communication

Stakeholder management

Sales experience

Education

Bachelor in Business or related field

CMFAS M5, M9, M9A and HI certifications

Job description

Prudential’s purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured, for our people, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and we support our people’s career ambitions. We pledge to make Prudential a place where you can Connect, Grow, and Succeed. In this role, you will work closely with the agency in creation of sales opportunities, monitoring the sales activities and be the intermediary to all agency support functions. As part of this dynamic role, you will report to the Cluster Head to build an effective and productive Agency Distribution channel.

Job Description:

• Monitor agency sales through appropriate sales analyses and reports
• Be project ICs for agency initiatives like Leads campaigns, MDRT, Awards, Contract Maintenance, Appointment Standards, AL/FC promotions and quarterly incentives
• Create a culture of commitment and achievement
• Work closely with the recruitment team to support recruitment efforts within cluster
• Assist in the development of sales incentives at department and cluster level
• Handle all issues for the Agency Leaders (ALs) and Financial Consultants (FCs) to ensure alignment with PACS goals
• Develop positive business relationships with internal and external customers
• Manage and drive the implementation of process improvements
• Work with the Compliance Department regarding FCs and ALs compliance with regulatory and company compliance standards to provide advice to the Agency Distribution

Who we are looking for:

• Competencies & Personal Traits Exhibit ability to deliver effective communication and excellent interpersonal skills
• Possess strong leadership qualities and a mind towards excellence Strong stakeholder management skills in influencing and persuasion Dynamic individual who strives in fast moving environment
• Working Experience Sales experiences in insurance/investment sales is preferred
• Professional Qualifications CMFAS M5, M9, M9A and HI certifications is preferred
• Education Bachelor in Business or related fields of study

Prudential is an equal opportunity employer. We provide equality of opportunity of benefits for all who apply and who perform work for our organisation irrespective of sex, race, age, ethnic origin, educational, social and cultural background, marital status, pregnancy and maternity, religion or belief, disability or part-time / fixed-term work, or any other status protected by applicable law. We encourage the same standards from our recruitment and third-party suppliers taking into account the context of grade, job and location. We also allow for reasonable adjustments to support people with individual physical or mental health requirements.

We are Prudential. For every life, we are partners. For every future, we are protectors.

Prudential plc provides life and health insurance and asset management to 17 million customers across 20 markets in Asia and Africa.

We are headquartered in Hong Kong and have dual primary listings on the Stock Exchange of Hong Kong and the London Stock Exchange.

We are focused on four strategic regions: Greater China, ASEAN, India and Africa.

Our customers are served by around 55,000 agents and more than 200 bank partners.

Prudential plc is not affiliated in any manner with Prudential Financial, Inc., a company whose principal place of business is in the United States of America or with the Prudential Assurance Company, a subsidiary of M&G plc, a company incorporated in the United Kingdom.

Find out more at www.prudentialplc.com Follow us on LinkedIn