Head of Insurance, Singapore

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About Us
MoneyHero Group (Nasdaq: MNY) is a market leading financial products platform in Greater Southeast Asia, reaching over 7.4m monthly unique users and working with more than 270 commercial partners across four markets including Singapore, Hong Kong S.A.R., The Philippines, and Taiwan.
About Us
MoneyHero Group (Nasdaq: MNY) is a market leading financial products platform in Greater Southeast Asia, reaching over 7.4m monthly unique users and working with more than 270 commercial partners across four markets including Singapore, Hong Kong S.A.R., The Philippines, and Taiwan.
The Insurance team is dedicated to empowering consumers in Asia by delivering a seamless and user-friendly digital platform. Our goal is to enable individuals to confidently and independently select the insurance coverage that suits their needs, ensuring they receive the protection they deserve. We focus on making our approach to customers relevant, actionable, and rewarding, creating a trusted space where individuals can make informed decisions about their insurance. Join our team and contribute to making insurance accessible and beneficial for all, while engaging in dynamic and rewarding challenges every day.
What We Offer
You will be entitled to a competitive salary and attractive benefits, including:
Annual leave, birthday leave, tenure leave, international remote work leave, and more
Professional trainings, career advancement and internal mobility opportunities
Competitive benefits including insurance and mental wellness program
About The Job
Reporting to the Head of Insurance based in Hong Kong, this person will assist lead a team of insurance brokers and drive the growth of our insurance business in Singapore in overseeing the Regulatory Compliance, Brokerage Operations and Motor Insurance Telesales aspects. As the Lead, you will be responsible for building and maintaining strong partnerships with both the Commercial Team and other internal stakeholders in maximising revenue opportunities while ensuring the business complies to regulatory standards.
The Candidate Will Be Responsible For
Collaborate with the Commercial team in developing and implementing strategies to build and strengthen partnerships with insurance providers to drive Singapore’s insurance market share and profitability.
Spearhead the motor insurance vertical in leading business development and overseeing campaign management and brokerage operations
Lead and manage a team of two: insurance broker and motor insurance telesales, providing coaching and support to ensure they meet their sales targets and deliver excellent customer service.
Steer the commercial and marketing teams to develop effective marketing campaigns that align with the business goals and regulatory compliance standards.
Ensure compliance with relevant regulations and industry standards, and maintain a thorough understanding of legal and regulatory requirements for insurance products and services.
Serve as the main point of contact of customer escalations and manage key relationships with relevant regulatory bodies.
Monitor industry trends and keep up-to-date with changes in the insurance market, making recommendations for business improvement and growth.
Develop and maintain strong relationships with key stakeholders, including senior management, clients, and external partners.
Analyse sales and financial data to assess the performance of the insurance business, identify trends, and make data-driven decisions to improve performance.
Implement commercial processes aimed at fostering business growth by customer retention, and maximizing revenue generation opportunities.
In This Role, We Are Looking For Someone With
Minimum Bachelor's degree in Business Administration, Marketing, or related field.
5 to 6 years of experience in the insurance and/or insurance brokerage industry, with at least 3 years of managerial experience
Valid CMFAS Certifications: Personal General Insurance (PGI), Basic Insurance Concepts & Principles (BCP) is strongly preferred; Commercial General Insurance (ComGI) is a good to have.
Knowledge of insurance products and services, including relevant regulations and industry standards.
Good understanding of the life insurance offline and online sales cycle
Familiarity with key metrics of telemarketing sales and motor insurance landscape.
Strong leadership skills, preferably experiences managing and motivating a team of insurance brokers.
Strong business acumen with the confidence and capability to challenge, validate and influence commercial strategies to ensure alignment with both business goals and regulatory expectations.
Proven experience working cross-functionally with senior stakeholders, including legal and compliance, to ensure product and campaign integrity within regulatory frameworks.
Excellent communication and interpersonal skills, with the ability to build strong relationships with internal and external stakeholders.
Strong analytical and problem-solving skills, with the ability to make data-driven decisions.
Good To Have
Proven track record of driving revenue growth and profitability in the insurance industry, particularly motor insurance.
Experience working in a fast-paced, dynamic environment, with the ability to adapt to changing priorities and deliver results under pressure.
#SingSaver
What can you expect from us?
Impact : We are actively empowering and connecting people to a better financial future. Join us if you want to help us achieve our mission.
Work : We have a team of over 350 talented individuals in 4 markets who are hyper passionate about building innovative financial solutions and making an impact on people’s lives.
Culture : We take our work seriously but don’t hesitate to keep things light. We can only create magic when we have a little bit of fun.
Thrive : We launched in 2014, and now help over 10 million monthly users make the best financial decisions. Accelerate your career and become a pioneer in your field with a leading fintech company that seeks to push the boundaries of your imagination and is committed to growing your career.
Reputation : We are backed by world-class organizations and companies and have raised over US$110 million from investors including Experian, Pacific Century Group, IFC - a member of the World