Job Summary
- The Team Head, Insurance Sales reporting to the Head of Bancassurance will be required to work closely with Business Managers and Product Partners in delivering assigned KPIs (APE & Revenue Target). He/she will manage a team of Insurance Specialists Manager to support business segment(s).
Responsibilities
Strategy
- To support the bank's overarching Bancassurance strategy with the objective of increasing the fee based income for the assigned segments
Business
- Achieve revenue and APE targets
- Work with insurance partners to plan for sales initiatives to achieve targets.
- Support FSC secondment project and manage the team with minimal impact to the business
Processes
- Oversee sales compliance, governance, training and competency
- Adopt and promote e-submission
People & Talent
- Manage, recruit and grow the Insurance Specialist team in terms of size, productivity, sales quality and advisory
- Coach and supervise Sales Team Managers to strengthen team's capability
Risk Management
- Manage sales complaints and maintain sales discipline to ensure healthy BSC outcomes
Governance
- Alignment to regulatory requirements, Global PPGs, Local Banca CAs etc
Regulatory & Business Conduct
- Display exemplary conduct and live by the Group's Values and Code of Conduct.
- Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
- Lead the [Singapore / WRB/ WS / Banca] to achieve the outcomes set out in the Bank's Conduct Principles:
- Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
Key Stakeholders
- International Banking Head & Head, SME
Other Responsibilities
- Embed Here for good and Group's brand and values in SG / WRB / WS Banca, Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures, Multiple functions (double hats)
- Help to build MyInsure project
Our Ideal Candidate
- 10 plus years of relevant experience in Banking.
- Strong in People & Activity Management.
- Experience in insurance will be an added advantage.
- Management Reporting, Managing Business Segments and Partners.
- CMFAS M5, M8, M8A, M9, M9A, BCP, PGI, CommGI qualifications or equivalent are mandatory.
- Experience in managing a sales team is preferred.
Role Specific Technical Competencies
- Coaching Others
- Problem Solving
- Risk Management
- Influencing through Expertise
- Cross Functional Collaboration
About Standard Chartered
We're an international bank, nimble enough to act, big enough for impact. For more than 170 years, we've worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you're looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents and we can't wait to see the talents you can bring us.
Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you'll see how we value difference and advocate inclusion.
Together We
- Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
- Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
- Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term
What We Offer
In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.
- Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations.
- Time-off including annual leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum.
- Flexible working options based around home and office locations, with flexible working patterns.
- Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits
- A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning.
- Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.
Recruitment Assessments
Some of our roles use assessments to help us understand how suitable you are for the role you've applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.
Visit our careers website www.sc.com/careers
