Director of Agencies

Income Insurance Limited

Singapore

On-site

SGD 180,000 - 240,000

Full time

14 days+

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Job summary

Income Insurance Limited seeks an experienced Agency Leadership Professional to drive annual premium targets, recruit and develop Agency Leaders, and coordinate cross-functional efforts to deliver customer-centric insurance solutions.

The role requires extensive insurance industry experience, strong regulatory knowledge, and a track record in agency growth and compliance. You will lead performance reviews, implement strategic initiatives, and ensure high-quality service across agencies.

Qualifications

  • Minimum 15 years of relevant experience in a similar capacity within insurance.
  • Strong understanding of regulatory requirements and compliance.

Responsibilities

  • Own and drive annual Regular and Single premium sales targets for AG2 agencies.
  • Implement sales and marketing strategies for AG2 agencies.
  • Monitor performance of Agency Leaders and representatives.
  • Grow agency manpower by coaching and onboarding new Agency Leaders and Financial Consultants.
  • Collaborate with Agency Leaders on recruitment and interviewing of candidates.
  • Conduct bi-monthly business reviews with Agency Leaders and monthly meetings.
  • Coordinate with cross-functional teams to deliver customer-centric solutions.
  • Develop agency policies and initiatives (recruitment packages, compensation review, quality measures).
  • Maintain positive agency reputation and ensure compliance with policies.

Skills

Agency management
Leadership
Recruitment
Regulatory compliance
Insurance industry

Job description

Responsibilities
  • Own and achieve the Agency's annual Regular and Single premium sales targets. Establish and develop annual sales targets for respective agencies.
    • Implement AG2 agencies’ sales and marketing strategies
    • Increase the sales productivity of respective agencies
    • Performance monitoring of Agency Leaders and representatives
  • Achieves AG2 Manpower growth and recruitment targets:
    • Grow the agency’s manpower by coaching, developing new managers and supporting their unit /group’s onboarding of new Agency Leaders and Financial Consultants
    • Collaborating with Agency leaders by carrying out recruiting activities that are consistent with the company’s policies and standards.
    • Selection and interviewing of representatives
  • Work with Agency Leaders to better understand their business needs and goals
    • Bi-monthly business review with Agency Leaders
    • Conduct monthly Agency Leaders meeting and briefing
    • Participate in Branch meetings and coaching
  • Work with cross-functional teams (Actuary, LHO, Marketing,/Product, Compliance) to provide a customer-centric solution to help shape Agency Leaders and FCs’ experience with Income:
    • Coordinate and support sales /marketing events , campaigns and recruitment activities with stakeholders and partners
    • Work with the internal team to ensure a high level of customer service and foster a culture of continuous process improvement
  • Develop agency policies, objectives, and initiatives such as:
    • TTF recruitment package, EP scheme and Compensation review
    • Quality Business – Persistence Measures
    • Agency Leaders’ promotion & Spin Off exercise
    • Higher Appointment standard
  • Maintain positive Agency reputation and ethics by motivating representatives ‘compliance with company and regulatory policies and procedures
  • Cultivate lasting relationships with Agency Leaders and Financial Consultants for loyalty
Requirements:
  • Min 15 years of relevant experience in a similar capacity and in Insurance Industry
  • Well-versed in the regulatory and processes within compliance
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