Sr. Associate Director, Insurance Specialist

Standard Chartered Singapore; Singapore; Hybrid; SGD 90,000 - 130,000; Full time

Benefits offered by this job

Flexible working

Wellbeing support

Learning & development

Job summary

Standard Chartered Singapore is seeking a seasoned sales professional to collaborate with Relationship Managers, train them on insurance products, and drive referrals and conversions. You will ensure targets are met and contribute ideas to increase sales activity and financial performance.

The role emphasizes compliance with regulatory standards and close collaboration with internal and external partners to deliver optimal client solutions.

Qualifications

• Insurance concepts and product knowledge.
• Strong communication skills for client interactions.
• Experience in sales or client advisory is an asset.

Responsibilities

• Collaborate with Relationship Managers to achieve referrals and conversion targets.
• Train Relationship Managers through workshops and case studies on product knowledge and selling skills.
• Ensure sales targets are met and monitor progress against targets.
• Develop ideas and plans to boost sales activity and other key financial metrics.

Skills

Insurance concepts

Business communication

Job description

• To work with Relationship Managers in achieving the target number of referrals and conversion.
• To train the Relationship Managers via regular training, workshops and case-studies in order to deliver on product knowledge, insurance proposition/pitch, processes and sharing of new ideas.
• Ensure sales target is met
• To generate ideas and action plan on increasing sales activity and other relevant financial drivers.

Job Summary

Sales Activity and Conversion

• To work with Relationship Managers in achieving the target number of referrals and conversion.
• To train the Relationship Managers via regular training, workshops and case-studies in order to deliver on product knowledge, insurance proposition/pitch, processes and sharing of new ideas.
• Ensure sales target is met
• To generate ideas and action plan on increasing sales activity and other relevant financial drivers.

Key Responsibilities

Business

Customer Management

• To conduct fact, find, insurance need analysis for clients and ensure prompt advise and solutions are offered to clients.
• To ensure a systematic review process for existing policyholders.
• To ensure that customer enquiries are promptly attended to.

Processes

Sales Reporting & Management

• To provide prompt and regular reporting of leads, sales activity and pipeline cases.
• Work closely with internal partners (e.g. Relationship Managers, fiduciary, and credit teams) and external partners (e.g. insurance providers) on case management.

People and Talent

• Lead through example and build the appropriate culture and values. Set appropriate tone and expectations from their team and work in collaboration with risk and control partners

Governance

Compliance

• To comply with all applicable money laundering prevention procedures and in particular, report any suspicious activity to the Transaction Monitoring Unit.
• To ensure compliance with all regulations and controls as set by the Bank and external regulatory authorities.
• To adhere strictly to the FAA & good practices guideline, include attending weekly/monthly coaching, meeting & obtaining the required CPD hours.

Regulatory and Business Conduct

• Display exemplary conduct and live by the Group’s Values and Code of Conduct.
• Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
• Effectively and collaboratively identify, elevate, mitigate and resolve risk, conduct and compliance matters.

Key stakeholders

• Priority International Banking Relationship Managers & Team Managers, Insurance Providers.

Our Ideal Candidate

• 8+ years of relevant sales experience.
• M5, M5A, M8, M8A, M9, M9A and HI certification is preferred.
• Experience in Insurance sales is preferred.
• Business Communication

Role Specific Technical Competencies

• Insurance concepts and Product knowledge
• Good Business Communication skills

About Standard Chartered

We're an international bank, nimble enough to act, big enough for impact. For more than 170 years, we've worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you're looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents and we can't wait to see the talents you can bring us.

Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you'll see how we value difference and advocate inclusion.

Together We

• Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
• Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
• Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

What We Offer

In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.

• Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations.
• Time-off including annual leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum.
• Flexible working options based around home and office locations, with flexible working patterns.
• Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits
• A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning.
• Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.

Recruitment Assessments

Some of our roles use assessments to help us understand how suitable you are for the role you've applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.

Visit our careers website www.sc.com/careers