Business Development DIrector, Bancassurance

6 days ago


Singapore Manulife Full time $120,000 - $180,000 per year

This role offers an exciting opportunity to drive the growth of Bancassurance sales by implementing strategic initiatives, coaching relationship managers, and deepening client engagement. As a key contributor to our mission of delivering customer-centric financial solutions, you will play a pivotal role in enhancing productivity, improving sales effectiveness, and ensuring regulatory compliance. In return, you'll gain exposure to regional markets, develop leadership capabilities, and be empowered to shape impactful partnerships within a supportive and inclusive environment

Position Responsibilities:

Sales & Client Management

  • To implement Distribution strategies for life products to meet/exceed the sales objective of the Bancassurance partnership
  • Explore business opportunities with the franchise, execution of new business propositions & contribute to product & process feedback & development
  • To support District Director to grow their Bancassurance Business
  • To ensure things are done ethically & in accordance to regulatory compliance
  • Training & event management including coaching of RMs & tracking of event activities, pipelines & closures
  • To conduct training & seminars for offshore customers
  • To understand external needs & internal constraints to negotiate a win-win scenario for both parties

Sales KPI

  • To mirror the sales KPI of markets that are assigned
  • To identify opportunities & drive initiatives together with DD that uplift productivity
  • Improve inception ratio, and work with District on follow throughs for requirements
  • Upskilling of all sales representatives to ensure they are able to uncover needs

Day to Day Business Activities

  • Pipeline tracking & management and support DD to run Banca business.
  • Special handling of exceptional cases

Engagements  & Huddles

  • Branch presence and deepen engagement
  • Minimally all teams must be engaged once biweekly
  • Ensure adequate coverage and support across all teams in their Bancassurance needs

Conduct Coaching & Trainings For All Sales Representatives  including but not limited to

  • Product Proposition
  • Objection handling
  • Business Processes
  • Underwriting Knowledge

Required Qualifications:

  • Diploma / Degree with at least 10 years of relevant experience with successful track records
  • Prior Bancassurance experience preferred
  • Ability to make presentations
  • Willing to travel within Southeast Asia once a quarter
  • CMFAS certification Module 5, 8, 8A, 9, 9A & HI (Mandatory)
  • Strong analytical, quantitative, problem solving, communication (written and verbal), presentation, and relationship management skills; with a high degree of tact.
  • Proven ability to conduct research/analysis, organize findings and build presentation decks.
  • Ability to forge collaborative working relationships with various stakeholders within Manulife Singapore and with our distribution partner.

When you join our team:

  • We'll empower you to learn and grow the career you want.
  • We'll recognize and support you in a flexible environment where well-being and inclusion are more than just words.
  • As part of our global team, we'll support you in shaping the future you want to see.

About Manulife and John Hancock

Manulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. To learn more about us, visit

Manulife is an Equal Opportunity Employer

At Manulife/John Hancock, we embrace our diversity. We strive to attract, develop and retain a workforce that is as diverse as the customers we serve and to foster an inclusive work environment that embraces the strength of cultures and individuals. We are committed to fair recruitment, retention, advancement and compensation, and we administer all of our practices and programs without discrimination on the basis of race, ancestry, place of origin, colour, ethnic origin, citizenship, religion or religious beliefs, creed, sex (including pregnancy and pregnancy-related conditions), sexual orientation, genetic characteristics, veteran status, gender identity, gender expression, age, marital status, family status, disability, or any other ground protected by applicable law.

It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Manulife/John Hancock policies. To request a reasonable accommodation in the application process, contact

Working Arrangement

Hybrid

  • Singapore Manulife Full time

    Business Development Director, Bancassurance Join to apply for the Business Development Director, Bancassurance role at Manulife This role offers an exciting opportunity to drive the growth of Bancassurance sales by implementing strategic initiatives, coaching relationship managers, and deepening client engagement. As a key contributor to our mission of...


  • Singapore Manulife Full time

    Overview This role offers an exciting opportunity to drive the growth of Bancassurance sales by implementing strategic initiatives, coaching relationship managers, and deepening client engagement. As a key contributor to our mission of delivering customer-centric financial solutions, you will play a pivotal role in enhancing productivity, improving sales...


  • Singapore Manulife Full time

    Overview This role offers an exciting opportunity to drive the growth of Bancassurance sales by implementing strategic initiatives, coaching relationship managers, and deepening client engagement. As a key contributor to our mission of delivering customer-centric financial solutions, you will play a pivotal role in enhancing productivity, improving sales...


  • Singapore Bowen Partners Full time

    Director, Bancassurance Partnership, Asia Our client is an established and reputable international Insurance group with a solid focus in further developing the Asia markets. The Group has diverse businesses across Life Insurance, Health Insurance, Pensions and Asset Management. As part of strategic growth, the group is seeking a high-calibre Partnership...


  • Singapore Chubb Full time

    **The job**: In this role, you will be responsible for managing a portfolio of key functions with our banking partner - supporting key reporting responsibilities for commercial insurance analytics as well as organize and coordinate office administration and procedures. **What you will do**: - Provides support to Division Head in terms of management...


  • Singapore Manulife Full time

    **_Are you looking for a supportive, collaborative workplace with great teams and inspiring leaders? You’ve come to the right place. We’re looking for ambitious people who share our values and want to make every day better for people around the world. If this sounds like you, and the career below sounds exciting, we’d like to hear from you....


  • Singapore Ethos BeathChapman Full time

    Market Lead, Asia Bancassurance Distribution (Life Insurance)Join Ethos BeathChapman as a Market Lead, Asia Bancassurance Distribution (Life Insurance), and be part of a global life insurance business that is leading and maximizing strategic bancassurance partnerships across Asia. You will be working in an innovative, collaborative culture that prides...


  • Singapore Manulife Full time

    Market Lead, Regional Bancassurance Partnerships, Asia Join to apply for the Market Lead, Regional Bancassurance Partnerships, Asia role at Manulife The Market Lead, Regional Bancassurance Partnerships, Asia plays a pivotal role in strengthening and expanding Manulife’s strategic bancassurance partnership with DBS across Asia. This includes collaboration...


  • Singapore DBS Bank Limited Full time $104,000 - $130,878 per year

    Business Function Corporate and Investment Banking provides corporate customers with a full range of commercial banking products and services, including cash management services, current accounts, time deposits, trade finance,working capital finance, term loans and foreign exchange. Through our continued commitment, DBS has cultivated long-standing...


  • Singapore Ambition Full time

    **Key Responsibilities**: - Devise and execute customer/product propositions/strategies to raise productivity within Business Banking, Commercial Banking and Private Bank segments. - Work closely with Bank stakeholders (Team Heads, Bankers, Bancassurance Managers, Insurance Specialists) to ensure achievement of Bancassurance targets. - Share market...