Prudential’s purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured, for our people, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and we support our people’s career ambitions. We pledge to make Prudential a place where you can Connect, Grow, and Succeed.
Job Profile Summary:
The role of the Sales Surveillance Officer reports to Lead, Sales Review & Quality. You are required to support the Lead in administering the conduct risk framework and Balanced Scorecard framework, setting sales advisory standards for the company.
You will be assessing appeals from the agency force pertaining to replacement of policies and recommending whether to consider or reject such appeals. This role requires you to be familiar with regulatory requirements on sales advisory standards and replacement of policy guidelines. In addition, you will work with the Learning & Development team to raise the business quality and sales advisory standards.
Job Description:
- Administration of the MAS Balanced Scorecard (BSC) framework.
- Assist to set the sales advisory standards and collaborate with internal & external stakeholders to support and raise the standards of sales advisory in the Company.
- Conducting checks required under the BSC framework, including documentation review of sales documents, client surveys and BSC validation of misconduct and mystery shopping cases.
- Meet the requirements of the regulatory Balanced Scorecard (BSC) Framework through the delivery of pre and post-transaction sales quality at organizational level.
- Review Mystery Shop findings and classify infractions based on the materiality of findings
- Conduct trend analysis on MSE findings and implement appropriate measures /actions.
- Perform review of customer call-backs to ensure call-backs conducted by agency leaders are carried out in accordance to the requirements.
- Recommend appropriate actions for findings observed in the call-backs.
- Facilitation of appeals, ensuring appeals are handled in a fair, timely, and consistent manner.
- Monitor the completion of requirements (i.e. Joint Field Work, Coaching, training) by sales representatives.
- Support Team Lead in engaging Agency Force to increase awareness and knowledge on BSC and MSE as well as improve the quality of sales documentation. This includes having continued support to handle agency force queries and driving initiatives to improve business quality.
- Undertake ad-hoc tasks, projects or reviews as directed by Lead, Sales Review & Quality /Head of Sales Surveillance.
Who we are looking for:
- Self-motivated and driven.
- Analytical and attentive to details.
- Basic understanding of the insurance industry and operations.
- Basic knowledge of regulations and industry guidelines applicable to the insurance/financial industry such as Insurance Act, Financial Advisers Act (FAA) and its subsidiary regulations, Monetary Authority of Singapore (MAS) regulations, Central Provident Fund (CPF) Board regulations, Life Insurance Association (LIA) guidelines.
Working Experience:
- At least 4 years of working experience in sales or in review of fact find recommendation
Education / Professional Qualification:
- Degree / Diploma in any discipline
- Preferably with insurance related certifications
Prudential is an equal opportunity employer. We provide equality of opportunity of benefits for all who apply and who perform work for our organisation irrespective of sex, race, age, ethnic origin, educational, social and cultural background, marital status, pregnancy and maternity, religion or belief, disability or part-time / fixed-term work, or any other status protected by applicable law. We encourage the same standards from our recruitment and third-party suppliers taking into account the context of grade, job and location. We also allow for reasonable adjustments to support people with individual physical or mental health requirements.
Skills Required
- At least 4 years of working experience in sales or in review of fact find recommendation
- Degree / Diploma in any discipline
- Preferably with insurance related certifications
What We Do
In Asia and Africa, Prudential has been providing familiar, trusted financial security to people for 100 years. Today, headquartered in Hong Kong and London, we are ranked top three in 12 Asian markets with 18 million customers, around 68,000 average monthly active agents and access to over 27,000 bank branches in the region. Prudential is focused on opportunities in the most exciting growth markets in Asia and Africa. With access to over 4 billion people in both these regions, we are investing in broadening our presence and building our leadership in the life and asset management markets. We are committed to making a positive impact on our customers, our employees and our communities by delivering the best savings, health and protection solutions to people so they can get the most out of life. Visit our websites for more information Prudential plc: https://www.prudentialplc.com/ Prudence Foundation: https://www.prudentialplc.com/en/prudence-foundation
