Insurance Business Development Manager

LMA RECRUITMENT SINGAPORE PTE. LTD.; Singapore; On-site; SGD 90,000 - 150,000; Full time

Job summary

LMA RECRUITMENT SINGAPORE PTE. LTD. is assisting a top-tier insurer in Singapore to hire an experienced Business Development Manager. The role focuses on growing production, building a sustainable adviser pipeline, and developing high-performing advisers in line with MAS and company standards.

You will lead a group of financial advisers, drive recruitment, manage engagement, and work with senior management to align product mix and growth priorities.

Qualifications

• Degree holder
• CMFAS Modules 5, 9, and 9(A) – mandatory
• Certificate in Health Insurance – mandatory
• Minimum 5 years’ experience in insurance sales management, agency development, or business development within Singapore
• Strong track record in adviser recruitment, production growth, and people leadership
• Good understanding of MAS regulations, agency KPIs, and distribution economics
• Highly self-motivated, organised, and comfortable operating in a fast-paced environment
• Strong communication, influencing, and stakeholder management skills

Responsibilities

• Lead and manage a dedicated group of financial advisers to achieve targets
• Drive consistent sales activity, productivity, and quality metrics, including persistency ratios
• Work closely with senior management to ensure strong execution across product mix and growth priorities
• Own end-to-end recruitment of new advisers and leaders, including sourcing, selection, onboarding, and early-stage development
• Build and execute recruitment strategies that reflect Singapore market realities, including digital platforms, referrals, career talks, job fairs, and industry networking
• Drive engagement and retention initiatives to build a stable, long-term advisory force

Skills

Leadership

Recruitment

Sales management

Education

Degree holder

CMFAS Modules 5,9,9(A)

Certificate in Health Insurance

Job description

Our client, a top tier insurer is seeking an experienced Business Development Manager to grow and strengthen their insurance advisory force in Singapore. This role plays a critical part in driving production, building a sustainable agency pipeline, and developing high-performing advisers in line with MAS and company standards.

This position suits a commercially driven leader with strong recruitment capability, hands-on sales management experience, and a deep understanding of the Singapore insurance distribution landscape.

Key Responsibilities

• Lead and manage a dedicated group of financial advisers to achieve targets
• Drive consistent sales activity, productivity, and quality metrics, including persistency ratios
• Work closely with senior management to ensure strong execution across product mix and growth priorities
• Own end-to-end recruitment of new advisers and leaders, including sourcing, selection, onboarding, and early-stage development
• Build and execute recruitment strategies that reflect Singapore market realities, including digital platforms, referrals, career talks, job fairs, and industry networking
• Drive engagement and retention initiatives to build a stable, long-term advisory force

Requirements

• Degree holder
• CMFAS Modules 5, 9, and 9(A) – mandatory
• Certificate in Health Insurance – mandatory
• Minimum 5 years’ experience in insurance sales management, agency development, or business development within Singapore
• Strong track record in adviser recruitment, production growth, and people leadership
• Good understanding of MAS regulations, agency KPIs, and distribution economics
• Highly self-motivated, organised, and comfortable operating in a fast-paced environment
• Strong communication, influencing, and stakeholder management skills