Business Development Manager (Agency)

Prudential; Singapore; On-site; SGD 50,000 - 70,000; Full time

Job summary

A leading insurance firm in Singapore is looking for a candidate to work closely with the agency to create sales opportunities. The role involves monitoring sales activities, supporting recruitment, and ensuring compliance with company standards. Ideal candidates will have strong communication skills, sales experience in insurance, and relevant certifications. The position offers a dynamic work environment focused on growth.

Qualifications

• Sales experience in insurance/investment sales preferred.
• CMFAS M5, M9, M9A and HI certifications preferred.

Responsibilities

• Monitor agency sales through appropriate sales analyses and reports.
• Be project ICs for agency initiatives.
• Create a culture of commitment and achievement.
• Support recruitment efforts within the cluster.
• Develop sales incentives at department and cluster levels.
• Handle issues for Agency Leaders and Financial Consultants.
• Manage and drive process improvements.
• Ensure compliance with regulatory standards.

Skills

Effective communication

Interpersonal skills

Leadership qualities

Stakeholder management

Persuasion

Adaptability in fast-paced environments

Education

Degree in Business or related fields

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.

Job Profile Summary:

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
• Monitoring and recommending the promotions of ALs and FCs

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

Degree 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, For Every Future. Prudential plc provides life and health insurance and asset management to 18 million customers across 24 markets in Asia and Africa. We are headquartered in London and Hong Kong and are focused on four strategic regions: Greater China, ASEAN, India and Africa. We are served by around 68,000 average monthly active 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