Bancassurance Product Manager

2 weeks ago

Kuala Lumpur, Malaysia OCBC Bank Full time

**Bancassurance Product Manager** **-** **(**240001MO**)**

Achieve business financial objectives by developing, leading and implementing product strategy for life/takaful insurance business.
- **Product Development Support**
- Provide support in terms of new product development, product enhancement, preparation before product launch (training, sales collateral, notification to regulators)
- Build saving and protection type product for all customer segment
- Work with distribution to lift up the insurance knowledge and sales competency
- Key Relationship Manager with insurance company
- Work with analytic team to identify suitable insurance product to be distributed via alternative channel apart from face to face.
- Collaborate with product supplier to lift up sales productivity through better digital sales execution.
- Ensure adherence to guidelines issued by regulators.
- Partner with GE on data driven underwriting to improve leads generation and next best insurance product to lift conversion to Banca sales
- **Customer Experience and Service Champion**
- To manage all enquiry and request made by sales staff.
- To communicate to respective stake holders on all changes in sales process for existing product.
- Work with business partners to update on all new product launch by competitor, made product comparison and there after communicate to sales staff the salient point of our existing product and how to pitch and position the product according to customer needs.
- Work closely with business partner to ensure smooth sales process flow and good customer experience for internal and external customers.
- Ensure that customer complaint is being investigated, treated fairly and set corrective action plan to minimize customer complaint and increase customer satisfaction.
- **Managing Reporting and Analysis**
- Recommend or monitor performances of distribution channels - persistency, participation and productivity by segment
- Perform monthly reporting on sales and revenue, and GL reconciliation.
- Perform data analysis and interpretation - sales productivity by segment, and product portfolio for Life Insurance
- Manage the communication related to product on website, share point and product catalogue.
- Manage the administrative of the department (reporting, regulatory & compliance)

**Qualifications**
- Possess relevant working experience, at least 5 years working experience in Bancassurance product management or Insurance industry experience preferably in Life Insurance.
- He/she should have good understanding on customer segmentation and ability to develop innovative and competitive products supported with proposition needs.
- Key competencies exemplary oral and written communication skills, analytical skill, proactive and a team player.

**Primary Location**: Malaysia-Kuala Lumpur

**Other Locations**: Malaysia

**Job**: Product Specialist

**Organization**: MAL CFS - Wealth Management Department

**Schedule**: Permanent

**Job Posting**: 29-Oct-2024, 5:44:40 AM

  • Manager, Bancassurance Product

    2 days ago

    Kuala Lumpur, Kuala Lumpur, Malaysia HLB Full time $100,000 - $200,000 per year

    If you are looking to excel and make a difference, take a closer look at us…Functional (job responsibilities)Work closely with Head of RWM Bancassurance and stakeholders to identify key business growth areas, continuous process improvements, monitor campaign expenses tracking, persistency ration tracking with the aim to drive the Banca business to new...

  • Bancassurance Specialist

    2 days ago

    Kuala Lumpur, Kuala Lumpur, Malaysia BTI Executive Search Full time 45,000 - 90,000 per year

    Bancassurance Advisor / Bancassurance Sales ExecutiveJob OverviewThe Bancassurance Advisor is responsible for promoting and selling insurance products through the bank's customer base. The role focuses on strengthening customer relationships, identifying financial protection needs, and achieving sales targets in compliance with Bank Negara Malaysia (BNM) and...

  • Business Development Manager, Bancassurance Life

    2 weeks ago

    Kuala Lumpur, Malaysia Allianz Full time

    Business Development Manager, Bancassurance Life Insurance 46039 | Sales & Distribution | Management | Non-Executive | Allianz Malaysia | Full-Time | Permanent **Job Summary** To develop the Bancassurance distribution channel by assisting the region business partners to achieve the overall productivity and profitability. **Key Responsibilities** - To...

  • Business Development Manager, Bancassurance

    1 week ago

    Kuala Lumpur, Malaysia Allianz Malaysia Full time

    71428 | Sales & Distribution | Professional | custPositionClusterCSB | Allianz Malaysia | Full-Time | Permanent **Job Summary** To develop the Bancassurance distribution channel by assisting the region business partners to achieve the overall productivity and profitability. **Key Responsibilities** - To achieve Bancassurance goals and financial targets -...

  • Bancassurance Specialist

    7 hours ago

    Kuala Lumpur, Malaysia Tesco Full time

    Basic Salary Range : RM3300 - RM5500 - Working Location : Klang Valley area - Working Days : Monday - Friday - Working Hours : 8am - 5pm **Responsibilities**: - Building relationships with clients and promoting our bancassurance products - Responsible for marketing Bancassurance products at bank branches - Conducting financial assessments to understand...

  • Bancassurance Sales Specialist

    2 days ago

    Kuala Lumpur, Kuala Lumpur, Malaysia AIA Malaysia Full time 80,000 - 120,000 per year

    What You Will Expect:Responsible for driving the achievement of Bancassurance business targets for the region and to coach and support the Bank sales staff as well as branch network.What You Will Do:To ensure the branch achieve the target given by management - Regular Premium and Single Premium.To monitor production and visitation schedule for Bancassurance...

  • Business Development Manager, Bancassurance

    7 hours ago

    Kuala Lumpur, Malaysia Allianz Malaysia Full time

    **What you do** **What you bring** **What we offer** **[please translate into your local language]** 73046 | Sales & Distribution | Professional | PG10 | Allianz Malaysia | Full-Time | Permanent **Job Summary** To develop the Bancassurance distribution channel by assisting the region business partners to achieve the overall productivity and...

  • Business Development Manager, Bancassurance Life

    2 days ago

    Kuala Lumpur, Malaysia Allianz Malaysia Full time

    **Job Summary** To develop the Bancassurance distribution channel by assisting the region business partners to achieve the overall productivity and profitability. **Key Responsibilities** - To achieve Bancassurance goals and financial targets - To formulate sales strategies to increase productivity and activity ratio of business partners - To analyze and...

  • Bancassurance Sales, Analyst

    2 days ago

    Kuala Lumpur, Malaysia AIA Full time

    At AIA we’ve started an exciting movement to create a healthier, more sustainable future for everyone. - It’s about finding new ways to not only better people's lives, but to better the communities and environments we live in. Encompassing our ambition of helping a billion people live Healthier, Longer, Better Lives by 2030._ - And as part of our...

  • Bancassurance Sales, Analyst

    2 days ago

    Kuala Lumpur, Malaysia AIA Full time

    At AIA we’ve started an exciting movement to create a healthier, more sustainable future for everyone. - It’s about finding new ways to not only better people's lives, but to better the communities and environments we live in. Encompassing our ambition of helping a billion people live Healthier, Longer, Better Lives by 2030._ - And as part of our...