VP, Wealth Specialist

Singlife; Singapore; On-site; SGD 120,000 - 180,000; Full time

Job summary

Singlife seeks a Wealth Specialist to provide tailored wealth and insurance solutions to high-net-worth clients, bridging financial planning, risk management, and legacy goals.

You will work closely with Product, Underwriting, and Business Development to deliver holistic solutions, ensuring regulatory compliance and client-centric service throughout engagements.

Qualifications

• Excellent communication and interpersonal skills are required.
• Strong presentation abilities and client-facing experience preferred.
• Ability to conduct needs analyses and tailor solutions for high-net-worth clients.

Responsibilities

• Develop and maintain strong relationships with HNW clients.
• Conduct comprehensive needs analysis and financial assessments to propose tailored insurance and wealth solutions.
• Support succession planning conversations, wealth structuring, and protection strategies.
• Collaborate with product, underwriting, and actuarial teams to craft innovative wealth solutions.
• Ensure regulatory compliance and thorough documentation of all client engagements.

Skills

Communication skills

Interpersonal skills

Presentation skills

Client relationships

Education

Bachelor's degree in Finance

Job description

Singlife is a leadinghomegrown financial services company, offering consumers a better way tofinancial freedom. Through innovative, technology-enabled solutions and a widerange of products and services, Singlife provides consumers control over theirfinancial wellbeing at every stage of their lives.

In addition to acomprehensive suite of insurance plans, employee benefits, partnerships withfinancial adviser channels and bancassurance, Singlife offers investment andadvisory solutions through its GROW with Singlife platform. It also offers theSinglife Account, a mobile-first insurance savings plan.

Singlife is the exclusiveinsurance provider for the Ministry of Defence, Ministry of Home Affairs andPublic Officers Group Insurance Scheme. Singlife is also an official signatoryof the United Nations Principles for Sustainable Insurance and the UnitedNations-supported Principles for Responsible Investment, affirming itscommitment to finding a better way to sustainability.

The merger of AvivaSingapore and Singlife was announced in September 2020 and created one of thelargest homegrown financial services companies in Singapore in a deal valued atS$3.2 billion. It was the largest insurance deal in Singapore at the time. Singlifewas subsequently acquired by Sumitomo Life in March 2024, one of Japan’sleading life insurers, which valued Singlife at S$4.6 billion, making thetransaction one of the largest insurance deals in Southeast Asia.

Key Appointments

The Wealth Specialist isresponsible for providing tailored wealth and insurance solutions tohigh-net-worth clients. Supporting succession planning conversations, this rolebridges complex financial planning, risk management, and insurance products tohelp clients achieve their personal and legacy goals. The Wealth Specialistworks closely with the Product, Underwriting, and Business Development teams todeliver holistic solutions that meet client needs while driving businessgrowth.

Key Responsibilities

Client Advisory &Relationship Management

• Develop and maintain strong relationships with HNW clients, understanding their financial objectives, risk appetite, and legacy planning needs.
• Conduct comprehensive needs analysis and financial assessments to propose customized insurance and wealth planning solutions.
• Support succession planning conversations e.g. wealth structuring, succession planning, and protection strategies.

Solution Design &Product Expertise

• Collaborate withinternal teams (Product, Underwriting, Actuarial) to craft innovative insuranceand wealth solutions.
• Maintain in-depthknowledge of the company’s product offerings and market trends to provideinformed recommendations.
• Ensure allproposals comply with regulatory requirements and internal governancestandards.

Business Development& Cross-Selling

• Identify anddevelop new HNW business opportunities both onshore and offshore to driverevenue growth.
• Build andmaintain strong relationships with brokers, introducers, and strategicpartners.
• Support thegrowth of the HNW portfolio through proactive client engagement, referrals, andstrategic outreach.
• Contribute to newproduct launches and client education initiatives.

Compliance & RiskManagement

• Adhere to MASregulatory requirements and internal compliance protocols in all clientinteractions and sales activities.
• Ensure accuratedocumentation, reporting, and record-keeping of all client engagements.

Key Requirements

• Bachelor’s degreein Finance, Economics, Insurance, or related fields.
• Relevantprofessional certifications such as CFP, ChFC, RFP, or advanced insurancequalifications preferred.
• 5-8 years ofexperience in wealth management, insurance advisory, or private banking withHNW clients.
• Strongunderstanding of insurance products (Indexed Universal Life, Indexed Income,USD denominated Par), legacy and estate planning solutions.
• Excellentcommunication, interpersonal, and presentation skills.
• High integrityand a client-centric approach.