Life Insurance Head of Distribution (Agency, KPIC)
- Life insurer backed by one of the largest Financial Institutions in China
- Business setup, KPIC and leadership role
- Channel proposition and management
About the Company
...
My client is one of the largest Financial Institutions in China, they are setting up a life insurance arm in Hong Kong, looking for a Head of Distribution for Agency channel, this person has to be their Key Person in Charge (KPIC) for the channel.
About the Job
- Regulatory Compliance:
- Ensure adherence to all regulatory requirements and maintain strong relationships with local regulators
- Act as the primary liaison with regulatory bodies, ensuring timely communication and compliance
- Channel Development:
- Oversee the establishment and management of distribution channels, including agency, brokerage, and bancassurance
- Develop strategies to optimize channel performance and expand market reach
- Strategic Planning:
- Formulate and implement strategic plans to enhance distribution effectiveness and achieve business objectives
- Analyze market trends to identify opportunities for growth and innovation
- Operational Management:
- Lead the distribution team, ensuring efficient operations and alignment with company goals
- Monitor and evaluate the performance of distribution channels, implementing improvements as needed
- Stakeholder Engagement:
- Build and maintain strong relationships with key stakeholders, including partners, clients, and internal teams
- Facilitate effective communication and collaboration across all distribution channels
- Risk Management:
- Identify potential risks within the distribution network and develop mitigation strategies
- Ensure all distribution activities adhere to company policies and risk management frameworks
- Reporting:
- Provide regular reports to senior management on distribution performance and strategic initiatives
- Ensure transparency and accountability in all distribution activities
Requirements
- Bachelor’s degree or higher in Finance, Insurance, Business Management, or a related field
- Over 5 years of experience in agency channel management in the Insurance sector
- Over 2 years of experience as a Department Head
- Insurance Regulatory knowledge is a must
- Proven leadership and strategic planning skills
- Excellent communication and relationship-building abilities
- Fluency in Mandarin, Cantonese and preferably English
Apply
For interested parties, please click "Apply". Should you have any inquiries, please reach out to Demi Poon at demipoon@randstad.com.hk.