Associate, Business Development

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.

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.

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.

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.

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.

Job Summary:

• The Business Development will be responsible for supporting business growth by developing new relationships with FA companies.
• This role requires a strategic thinker with some understanding of FA market and a passion for connecting with clients to offer solutions that meet their needs.

Key Responsibilities:

• Market Research & Strategy: To identify and support opportunities, and potential clients within the business community in Singapore.
• Lead Generation: Develop FA relationships and maintain a pipeline of qualified prospects through networking.
• Solution Presentation: Support presentation of solutions to prospective clients, articulating the value propositions clearly and effectively.
• Client Engagement: Build and nurture relationships with key decision-makers in FA companies, understanding their unique needs and challenges related to their financial planning
• Internal Collaboration: Work closely with internal teams member, communicating requirements to ensure that client expectations are met and/or exceeded.
• Reporting: Prepare and present regular sales pipeline, engagement plan and market analysis to the management team.
• Sales Process Management: Manage the entire sales cycle from building relationship and seamless client experience.

Requirements:

• Preferably with at least 3 years experience in the Financial Institution
• Updated knowledge of Life and Health Insurance.
• A proven track record in managing advisors and processes.
• Recognized university degree or at least GCE A level or Diploma with relevant professional insurance qualifications

If you find yourself able to demonstrate the criteria above, apply with us now. We look forward to your application.