Business Development Manager (Bancassurance/FA)

China Life Insurance Singapore; Singapore; On-site; SGD 70,000 - 110,000; Full time

Job summary

China Life Insurance Singapore is seeking a results-driven sales development professional to drive Bancassurance, FA, and International Broker growth in Singapore. You will build relations with Bank RMs, Financial Advisers and other distribution partners to achieve annual KPIs.

Fluency in English and Mandarin is essential, with a track record in insurance sales and partner management. You will work closely with product, underwriting and marketing teams to deliver impactful campaigns and

Qualifications

• Bachelor’s degree or equivalent in Business, Finance, Insurance, Marketing or related discipline.
• 4–5 years of relevant experience in Bancassurance, FA and/or International Broker business development.
• Fluent in English and Mandarin with strong written and verbal communication; Mandarin proficiency is essential.

Responsibilities

• Drive business development and sales growth across Bancassurance, FA and International Broker channels.
• Build and maintain strong relationships with Bank Relationship Managers, Financial Advisers and key distribution partners.
• Develop and execute channel-specific sales initiatives, campaigns, product launches and partner engagement activities.
• Deliver product briefings, sales presentations and workshops to Bank and FA distribution teams.
• Monitor sales performance, pipelines and KPIs; provide timely follow-ups and manage outstanding cases.

Skills

Bancassurance

Financial Advisory

International Broker

Partner management

English & Mandarin

Sales targets

PowerPoint

Excel

Life insurance

Relationship management

Education

Bachelor’s degree in Business, Finance, Insurance, Marketing

Tools

PowerPoint

Excel

Job description

• Drive business development and sales growth across Bancassurance, Financial Advisory (FA) and International Broker channels.
• Build and maintain strong relationships with Bank Relationship Managers, Financial Advisers and key distribution partners.
• Work closely with Bank and FA partners to develop business pipelines, identify opportunities and drive achievement of annual sales and premium KPIs.
• Conduct regular partner visits, business reviews and sales activities to understand partner needs and convert opportunities into business.
• Develop and execute channel-specific sales initiatives, campaigns, product launches and partner engagement activities.
• Deliver product briefings, sales presentations and workshops to Bank and FA distribution teams.
• Provide timely support on product, underwriting and business-related enquiries, working with internal teams to resolve issues efficiently.
• Monitor sales performance, business pipelines and outstanding cases, ensuring effective follow-up and timely conversion.
• Provide market and partner feedback to management and relevant internal stakeholders.
• Work closely with Product, Underwriting, Operations, Claims and Marketing teams to support business growth and partner requirements.
• Prepare regular sales reports, pipeline updates and management presentations, using PowerPoint and Excel.
• Ensure all business activities comply with company policies, regulatory requirements and internal guidelines.
• Undertake other duties and projects as assigned by the Head of Department (HOD).

Requirements:

• Bachelor’s degree in Business, Finance, Insurance, Marketing or a related discipline.
• 4-5 years of relevant experience in Bancassurance and/or Financial Advisory / International Broker business development.
• Fluent in both English and Mandarin, with strong written and verbal communication skills. Mandarin proficiency is essential for this role.
• Proven track record in insurance sales, distribution and partner management, preferably with established relationships across banks, FA firms and/or international brokers.
• Strong understanding of life insurance products and distribution channels in Singapore.
• Strong interpersonal, negotiation and relationship management skills, with the ability to engage confidently with Bank RMs, Financial Advisers and senior distribution stakeholders.
• Strong commercial acumen and results-oriented mindset, with the ability to take ownership of sales targets and drive business outcomes.
• Proficient in Microsoft PowerPoint and Excel, with the ability to prepare professional presentations, sales analysis and management reports.
• Highly organised, proactive and able to work independently in a fast-paced business environment.
• CMFAS certifications M5, M9, M9A and HI are preferred.