Supports the Distribution Management team through onboarding, agency management, operational process coordination, business initiatives, stakeholder engagement, and continuous improvement activities aimed at business growth and operational efficiency.
Responsibilities:
Onboarding & Intermediary Administration
Onboarding & Intermediary Administration
- Manage the onboarding process for distribution intermediaries across Income's tied agency force, Financial Adviser representatives, Bancassurance partners, and General Insurance (GI) agencies.
- Create intermediary codes and facilitate the activation of sales authority and relevant system access.
- Register and maintain intermediary licensing records with regulatory and industry bodies, including MAS and GIA.
- Process intermediary movements and updates to personal or business particulars.
- Support the setup and maintenance of intermediary hierarchy structures for compensation and reporting purposes.
Distribution Administration Support
- Monitor and administer CPF Medisave defaulter cases for Income's tied agency force.
- Coordinate and administer GI licence registration and renewal activities.
- Manage administrative matters relating to intermediary registrations, renewals, and billing activities.
- Handle enquiries from both internal and external stakeholders, providing timely and accurate support.
- Review existing processes and maintain Standard Operating Procedures (SOPs) to ensure operational effectiveness and compliance.
System Enhancement & Projects
- Participate in system enhancement initiatives by providing business requirements, preparing test scenarios, and conducting User Acceptance Testing (UAT).
- Support projects and operational improvement initiatives assigned by the department.
- Contribute to continuous improvement efforts to enhance productivity, service quality, and operational controls.
Requirements:
- Diploma or Degree in Business Administration, Insurance, or a related discipline.
- At least 3 years of experience in insurance operations, onboarding, agency administration, or a similar environment will be an advantage.
- Knowledge of MAS and GIA regulatory requirements is preferred.
- Strong coordination, communication, and stakeholder management skills.
- Proficient in Microsoft Office applications, particularly Excel, Word, and PowerPoint.
- Meticulous, organized, and able to manage multiple priorities within stipulated timelines.
- Possess a continuous improvement mindset and ability to work effectively in a dynamic environment.
Income Insurance Singapore, Singapore, SGP Office
75 Bras Basah Road, Singapore, Singapore, Singapore, 189557
Income Insurance Singapore Office
Singapore
Income Insurance Singapore, Singapore, SGP Office
1 Paya Lebar Link, #07-01 PLQ 1 Paya Lebar Quarter, Singapore, Singapore, Singapore, 408533
Income Insurance Singapore, Singapore, SGP Office
2 Tampines Central 6, #01-01 NTUC Income Tampines Point, Singapore, Singapore, Singapore, 529483
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