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Singlife

Associate, Business Development

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Description

<p style="margin:0in;font-family:Calibri;font-size:11pt;"><span style="font-family:Arial;font-size:18px;">Singlife is a leading homegrown financial services company, offering consumers a better way to financial freedom. Through innovative, technology-enabled solutions and a wide range of products and services, Singlife provides consumers control over their financial wellbeing at every stage of their lives.</span></p><p style="margin:0in;font-family:Calibri;font-size:11pt;"><span style="font-family:Arial;font-size:18px;"> </span></p><p style="margin:0in;font-family:Calibri;font-size:11pt;"><span style="font-family:Arial;font-size:18px;">In addition to a comprehensive suite of insurance plans, employee benefits, partnerships with financial adviser channels and bancassurance, Singlife offers investment and advisory solutions through its GROW with Singlife platform. It also offers the Singlife Account, a mobile-first insurance savings plan.</span></p><p style="margin:0in;font-family:Calibri;font-size:11pt;"><span style="font-family:Arial;font-size:18px;"> </span></p><p style="margin:0in;font-family:Calibri;font-size:11pt;"><span style="font-family:Arial;font-size:18px;">Singlife is the exclusive insurance provider for the Ministry of Defence, Ministry of Home Affairs and Public Officers Group Insurance Scheme. Singlife is also an official signatory of the United Nations Principles for Sustainable Insurance and the United Nations-supported Principles for Responsible Investment, affirming its commitment to finding a better way to sustainability.</span></p><p style="margin:0in;font-family:Calibri;font-size:11pt;"><span style="font-family:Arial;font-size:18px;"> </span></p><p style="margin:0in;font-family:Calibri;font-size:11pt;"><span style="font-family:Arial;font-size:18px;">The merger of Aviva Singapore and Singlife was announced in September 2020 and created one of the largest homegrown financial services companies in Singapore in a deal valued at S$3.2 billion. It was the largest insurance deal in Singapore at the time.</span></p><p style="margin:0in;font-family:Calibri;font-size:11pt;"><span style="font-family:Arial;font-size:18px;"> </span></p><p style="margin:0in;font-family:Calibri;font-size:11pt;"><span style="font-family:Arial;font-size:18px;">Singlife was subsequently acquired by Sumitomo Life in March 2024, one of Japan’s leading life insurers, which valued Singlife at S$4.6 billion, making the transaction one of the largest insurance deals in Southeast Asia.</span></p><p style="margin:0in;font-family:Calibri;font-size:11pt;"><b style="font-family:DarwinSans, 'Noto Sans Variable';font-size:14px;"><br /></b></p><p style="margin:0in;font-family:Calibri;font-size:11pt;"><b style="font-family:DarwinSans, 'Noto Sans Variable';font-size:14px;"><span style="font-family:Arial;font-size:18px;">Key Appointments</span></b></p><p style="margin:0in;font-family:Calibri;font-size:11pt;"><span style="font-family:Arial;font-size:18px;">Work within a team responsible for the account management of allocated partnerships; establish and sustain good working relations for the long-term growth of business.</span></p><p style="margin:0in;font-family:Calibri;font-size:11pt;"><span style="font-family:DarwinSans, 'Noto Sans Variable';font-size:14px;"><br /></span><span style="font-family:Arial;font-size:18px;">This role will also work closely with the team to deliver on the strategic direction to achieve sales target and business objective as well as to ensure all sales and operational processes are compliant with the regulatory & compliance requirements.</span></p><p style="margin:0in;font-family:Calibri;font-size:11pt;"><span style="font-family:DarwinSans, 'Noto Sans Variable';font-size:14px;"><br /></span><b style="font-family:DarwinSans, 'Noto Sans Variable';font-size:14px;"><span style="font-family:Arial;font-size:18px;">Key Responsibilities</span></b></p><p style="margin:0in;font-family:Calibri;font-size:11pt;"><b style="font-family:DarwinSans, 'Noto Sans Variable';font-size:14px;"><br /></b><span style="font-family:Arial;font-size:18px;">This role shall work closely with the Head of Business Development and the team to implement the strategic direction of the cluster under their care and shall ensure that the achievement of their targets and business plan is in congruence with the department’s overall objective.</span></p><p style="margin:0in;font-family:Calibri;font-size:11pt;"><br /></p><p style="margin:0in;font-family:Calibri;font-size:11pt;"><u style="text-indent:13.5pt;font-family:DarwinSans, 'Noto Sans Variable';font-size:14px;"><span style="font-family:Arial;font-size:18px;">Sales Cluster Management</span></u></p><ul><li style="margin:0in;font-family:Calibri;font-size:11pt;"><span style="font-family:Arial;font-size:18px;">To ensure growth targets on APE and headcount within the appointed cluster are met.</span></li><li class="MsoNormal"><span style="font-family:Arial;font-size:18px;">Conduct strategic planning and business needs analysis with the leaders and wealth planners of the appointed cluster to align financial objectives.</span><p></p></li><li class="MsoNormal"><span style="font-family:Arial;font-size:18px;">Actively engage team leaders in their recruitment activities to facilitate growth. </span><p></p></li><li class="MsoNormal"><span style="font-family:Arial;font-size:18px;">Where appropriate, takes a lead role with stakeholders at a working level to discuss sales management approaches for target clients.</span></li></ul><p></p><p><b><span style="font-family:Arial;font-size:18px;">Key</span></b></p><b><span style="font-family:Arial;font-size:18px;"> Decisions within the Role</span></b><ul><li><span style="font-family:Arial;font-size:18px;text-indent:-0.25in;">From time to time, will be assigned the lead role in the development of sales ideas for the Partnership Distribution team, including the training of the team.</span></li><li><span style="font-family:Arial;font-size:18px;">Where necessary, the role holder shall engage and collaborate with other internal Singlife's departments to up the level of operational service standards and for the delivery of business plans.</span></li><li><span style="font-family:Arial;font-size:18px;">Create and maintain a risk management environment that ensures risks taken by the function are identified, assessed and frequently monitored, managed and reported against</span></li></ul><p><b><span style="font-family:Arial;font-size:18px;">Requirements</span></b></p><ul><li><span style="font-family:Arial;font-size:18px;text-indent:-0.25in;">Minimum 2 years of relevant experience in the Financial or Insurance Industry</span></li><li><span style="font-family:Arial;font-size:18px;">Experience in sales force / sales agency management or business account management</span></li><li><span style="font-family:Arial;font-size:18px;">Good inter-personal and effective communication skills both written and verbal, building strong relationships at all levels</span></li><li><span style="font-family:Arial;font-size:18px;">Detail focused, highly analytical orientation</span></li><li><span style="font-family:Arial;font-size:18px;">Demonstrated ability to think strategically with problem solving skills</span></li><li><span style="font-family:Arial;font-size:18px;">Ability to work independently with good time management skills</span></li><li><span style="font-family:Arial;font-size:18px;">Highly motivated and well-organized</span></li><li><span style="font-family:Arial;font-size:18px;">Good standard of professional presentation and group facilitation skills</span></li><li><span style="font-family:Arial;font-size:18px;">Good knowledge of insurance practices, operations and processes.</span></li><li><span style="font-family:Arial;font-size:18px;">Good knowledge of MS Office applications.</span></li><li><span style="font-family:Arial;font-size:18px;">Good knowledge of the Life insurance industry with knowledge in Life Health and ILPs products.</span><span style="text-indent:-0.25in;font-family:Arial;font-size:18px;">.</span></li><li><span style="font-family:Arial;font-size:18px;">Highly adaptable to changes</span></li></ul>

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