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Vice President, Business Development (High-net-worth)

https://www.hsbc.com Logo

HSBC

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Location:
Singapore, Singapore

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Category:
Insurance

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Contract Type:
Not provided

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Salary:

Not provided

Job Description:

HSBC Life in Singapore is the combination of AXA Singapore and HSBC Insurance. Here you can specialize in Insurance but enjoy the advantages that come with being part of a leading global international bank. Insurance is about people, and the promises they make. At HSBC Life in Singapore we help deliver on these promises by providing a wide variety of life insurance products and services to our clients throughout the Asia-Pacific region. Our employees enjoy a dynamic and innovative workplace and a world of opportunities to develop their careers in a high-profile growing business segment. We empower our combined team of high-performing individuals to build skills and explore new experiences to realise the full potential of being part of HSBC.

Job Responsibility:

  • Lead and manage relationships with key distributors, acting as the main point of contact to drive both top-line (ANP) and bottom-line (profit i.e. NBCSM) growth
  • Develop and execute business development strategies tailored to the high-net-worth segment, ensuring alignment with company goals and distributor capabilities
  • Identify new business opportunities through market research, competitor analysis, and feedback from distributors to expand market share and profitability
  • Provide insights on product features, benefits, and market trends to distributors, supporting their new business efforts and enhancing value propositions
  • Oversee all submissions including preliminary applications, underwriting appeals, and case management for distributor partners, ensuring smooth and timely processes
  • Collaborate with internal teams (operations, marketing, product) to improve products, resolve distributor queries, implement process improvements, and support efficient business operations
  • Track distributor performance against new business targets and profitability metrics, providing regular updates and recommendations to channel head
  • Proactively raise and address process or product improvements based on distributor feedback and market dynamics

Requirements:

  • Ability to develop and execute tailored business plans for distributors, aligning their goals with the organisation’s growth objectives and ensuring both top and bottom line results
  • Expertise in building long-term, trust-based relationships with distributors using proactive communication and empathy to anticipate and address evolving needs
  • Strong analytical skills to interpret complex data, assess market trends, and provide distributors with well-informed recommendations and solutions
  • Professionalism in all interactions, including clear, confident communication and the ability to present solutions back to distributors
  • Anticipating challenges and actively seeking solutions for distributors, demonstrating initiative and responsiveness to maintain high service standards
  • Experience in optimizing distribution networks, aligning channel strategies, and driving growth through effective distributor engagement and support
  • Relevant rights to work in Singapore
What we offer:
  • Dynamic and innovative workplace
  • World of opportunities to develop careers
  • High-profile growing business segment
  • Continuous professional development
  • Flexible working
  • Inclusive and diverse environment

Additional Information:

Job Posted:
August 11, 2025

Expiration:
August 25, 2025

Employment Type:
Fulltime
Work Type:
Hybrid work
Job Link Share:
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