Insurance Specialist M/F

Crédit Agricole Group; Singapore; On-site; SGD 70,000 - 100,000; Full time

Job summary

A leading financial institution based in Singapore is seeking a candidate to support and manage the growth of its Life Insurance business in Asia. This role requires coordination with brokers, providing commercial support, and ensuring regulatory compliance. Ideal candidates should have experience in wealth management or insurance. Strong stakeholder management and communication skills are essential for success in this multifaceted position.

Qualifications

• Experience in wealth management or insurance sectors.
• Strong communication and interpersonal skills.
• Ability to work with cross-functional teams.

Responsibilities

• Support growth of Life Insurance business in Asia.
• Manage relationships with internal and external stakeholders.
• Coordinate and support meetings between brokers and clients.

Skills

Stakeholder management

Knowledge of insurance products

Regulatory compliance

Education

Bachelor's degree in Finance or related field

Job description

Overview

Based in Singapore within the Wealth Planning team, you will be supporting and administering the growth of the Life Insurance business in Asia.

This multifaceted role includes management of external and internal stakeholders on market support; product expertise, as well as operational & administration oversight. You will report locally to the Head of Wealth Planning & Insurance, Asia and functionally to the Head of Insurance in Geneva, and assist the Wealth Planning team in Hong Kong branch, with regular travel required.

Responsibilities

• Marketing (Referral basis) Support
  • Ensure that insurance activities are compliant with internal directives including all regulations and controls as set by the Bank and external regulatory authorities.
  • To work with Relationship Managers (RMs) in achieving the target number of referrals to approved insurance brokers with a view to increasing sales activity and other relevant financial drivers. Coordinate meetings between brokers, RMs and clients and providing on-going support on all insurance cases and capturing cross sell opportunities.
  • When liaising with brokers to conduct periodic review on clients’ portfolios, to identify and target opportunities for referral to brokers.
  • Expected to generate ideas and action plan by working in tandem with in-house Wealth Planners &/or brokers on integrated liquidity & succession planning solutions which may include encompassing structures such as Trusts, Investment Entity, Insurance Wrappers etc.
• Management of Products and External Brokers
  • Act as the primary point of contact for insurance brokers in Asia.
  • Validate insurance products and maintain an insurance product list.
  • In terms of new insurance product category/offering to co-ordinate with Functional Head of Insurance/local Head of Wealth Planning & Insurance on working papers to approve new category by internal committee.
  • Oversee the approval process for insurers and brokers and, where required, to establish agreements and manage commission structures with the relevant stakeholders. Once approved, to conduct periodic reviews.
  • Lead the local Insurance Partner Committee.
• Commercial Support (Training & Events)
  • To arrange for our panel of brokers to conduct periodic trainings/workshops to upskill our RMs’ insurance product knowledge. These may include developing &/or reviewing brokers’ training presentations and materials on products and offerings with a view to sharing trending insurance proposition pitches & ideas.
  • Where necessary, to co-ordinate with brokers to organize clients’ events.