Senior Vice President of Bancassurance

7 days ago


Singapur, Singapore United Overseas Bank Full time
About United Overseas Bank

United Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of over 500 branches and offices in 19 countries and territories. With a history spanning over 80 years, we have been guided by our values of Honorable, Enterprising, United, and Committed.

About the Role

We are seeking a Senior Vice President to lead our bancassurance teams across the region. The successful candidate will be responsible for driving the development and implementation of the regional bancassurance business plan, managing relationships with key insurance partners, and developing and implementing a sales management framework.

Key Responsibilities
  • 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, driving the performance of the regional teams to ensure targets are met
  • Drive the development of new insurance products in line with market trends and customer needs, and working closely with the insurance partners and internal stakeholders
  • Lead the digital transformation of the bancassurance business, including the development of the digital sales channel
  • Use data analytics to drive business decisions and improve performance across the bancassurance business
  • Coordinate with internal stakeholders in developing and executing 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
  • Bachelor's degree in Business Administration, Insurance, or a related field. Master's degree is a plus
  • 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
  • Excellent leadership and management skills, with the ability to motivate and develop a high-performance teams
  • Strong business acumen and analytical skills, with the ability to identify and capitalize on growth opportunities
  • Experience in digital transformation and development of digital sales channel
  • Proficiency in data analytics and ability to use data to drive business decisions
  • Excellent communication and interpersonal skills, with the ability to build relationships with stakeholders at all levels


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