About the role
AI summarisedThe Treasures Bancassurance Specialist is a sales role within the Consumer Banking Group of a bank, responsible for marketing and selling insurance products to high-net-worth clients. The specialist will provide financial planning advice, manage client relationships, and ensure compliance with regulatory requirements.
BusinessFull-timeGeneral
Key Responsibilities
- Market and sell a range of insurance products to Treasures (high-net-worth) clients to meet their financial planning needs.
- Provide professional financial planning advice and recommend suitable insurance solutions.
- Build and maintain strong relationships with existing and potential clients to drive business growth.
- Achieve individual sales targets and contribute to the overall bancassurance team's goals.
- Ensure all sales activities comply with internal policies and regulatory requirements.
- Collaborate with relationship managers and other stakeholders to identify cross-selling opportunities.
- Keep abreast of market trends, product knowledge, and regulatory changes in the insurance industry.
- Prepare and maintain accurate sales records and reports for management review.
Requirements
- Degree holder in any discipline, preferably in Business, Finance, or related field.
- Minimum 2 years of experience in bancassurance or financial advisory services.
- Strong sales acumen and proven track record in achieving sales targets.
- Excellent communication and interpersonal skills.
- Good knowledge of insurance products and financial planning concepts.
- Ability to work independently and as part of a team.
- Proficient in MS Office applications.
- Certified Financial Planner (CFP) or equivalent certification is preferred.
- Familiarity with regulatory guidelines such as MAS regulations and AML/KYC requirements.
- Self-motivated, results-oriented, and able to thrive in a fast-paced environment.