Regional Director of Bancassurance Strategy

4 days ago


Singapore United Overseas Bank Full time

About UOB

At United Overseas Bank, we strive to deliver straightforward and honest banking through our Group Business Banking division. Our mandate is to provide a comprehensive suite of services ranging from core banking products to beyond banking solutions, serving the SME community across 5 countries in the region.

Job Responsibilities

The Regional Head of Bancassurance is responsible for leading the bancassurance teams across the region and driving business planning, insurance partner management, sales management, product development, data analytics, digital marketing, creation of new digital sales channels, and digital transformation. This role will work closely with various function heads to drive the bancassurance strategy across the organization.

  • Develop and implement the regional bancassurance business plan in alignment with the overall Group Business Banking strategy and objectives
  • Manage relationships with key insurance partners to ensure delivery of business objectives and KPIs
  • Develop and implement a sales management framework to drive the performance of the regional teams and ensure targets are met
  • Drive the development of new insurance products in line with market trends and customer needs, working closely with insurance partners and internal stakeholders
  • Lead the digital transformation of the bancassurance business, including the development of digital sales channels
  • Use data analytics to drive business decisions and improve performance across the bancassurance business
  • Coordinate with internal stakeholders to develop and execute a digital marketing strategy, leveraging various methods to reach customers and drive business growth
  • Monitor and analyze the market and competition to identify growth opportunities and risks

Requirements

To be successful in this role, candidates should have a Bachelor's degree in Business Administration, Insurance, or a related field, with at least 15 years of experience in the insurance industry or its equivalent, covering both life and general insurance across product and sales. Proven track record in managing bancassurance partnerships and delivering business results, as well as excellent leadership and management skills, are essential.



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