Gi Distribution

5 days ago

Singapore FWD Insurance Full time

Established in Asia in 2013, FWD is the insurance business of investment group, Pacific Century Group, and spans Hong Kong & Macau, Thailand, Indonesia, the Philippines, Singapore, Vietnam, Japan and Malaysia, offering life and medical insurance, general insurance, employee benefits, Shariah and Family Takaful products across a number of its markets.

In Singapore, FWD aims to change the way people feel about insurance by leveraging technology to deliver products and services that are relevant, easy to understand and always convenient for our customers. To this end, we have a direct-to-consumer (DTC) platform that allows customers to buy their preferred life and general insurance products directly from our website; as well as a network of preferred Financial Advisory (FA) firms for customers who want to speak with an advisor before committing to an insurance plan. Whatever their preference, we believe insurance should be simple, reliable and convenient.

Similarly, if you are looking for a career where you can create a real impact and celebrate living, we invite you to join us on our exciting journey.

PURPOSE

To have a strong understanding of the general insurance market in Singapore, and provide insights and recommendations with respect to the changing needs of the organisation.

KEY ACCOUNTAIBILITIES- Develop channel business strategies for GI partnerships based on market insights and propose actionable plans to achieve sustainable growth- Identify channel business opportunities for GI partnerships based on market insights and propose actionable plans to achieve sustainable growth- Develop, manage and maintain long-term relationships with existing and new channel partners, for both offline and digital eco system partnerships- Lead and prepare commercial partnership arrangements to ensure regulatory compliance and business viability- Work closely with internal and external stakeholders to ensure alignment of business propositions- Draft and review contracts for partnerships, including obtaining the necessary approvals and signoffs- Work with IT, Ops, UI/UX and product for operationalising new GI ecosystem partnerships and ensure day to day operations and sales monitoring for existing partnerships- Manage and prepare sales reports and analysis and providing recommendations in accordance to market changes, aligning with company’s directions

QUALIFICATIONS / EXPERIENCE- Bachelor’s Degree- Possess Insurance Professional Qualification- Minimum 6+ years of experience in FI- Knowledge of FA industry and GI is required- With good exposure to FA, agency and bank channels

KNOWLEDGE, SKILLS & ABILITY- Understand the principles, practices and regulatory aspects of general insurance products- Strong analytical and presentation skills- Customer centricity, collaboration and teamwork- Proficient in both written and spoken English- Good communication and interpersonal skills- Strong stakeholder management skills- Strong negotiation skills

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