Looking for Insurance Jobs in Singapore?

Thinking of joining the insurance industry?

insurancejobs.sg is the go-to portal for all your Insurance jobs in Singapore. We are a one-stop-shop for all Insurance Jobs & Careers, providing up-to-date information about latest openings, recruitment events and even career advice to help you kick start or elevate your Insurance Career.

How is the insurance industry like?

Insurance is a good field where you can make lots of money. But before starting a career as an insurance agent, it would be a good idea to start educating yourself first. Try and learn as much as you can about insurance. If you are sure that you are ready to take action, then consider choosing the right insurance advisor. When choosing an insurance advisor, make sure that they are reputable and are licensed to give out insurance. Choosing the right insurance agent will surely help you succeed in this industry!

To be successful in this career, you are required to be good with people. You must be able to relate to your customers and get them to trust you with their insurance needs. You must be easily accessible to your customers. For this job, you would need to go to different places to find new policyholders. This is definitely a career that can bring you a lot of money, but you must be willing to work hard at it.

Insurance agencies we work with

Thinking about joining one of the leading financial advisory firms in Singapore that provide expert investment and protection solutions for individuals, families, and businesses? We work with you to understand your needs, goals, and aspirations so that we can find the best agency for you. With us, you will have the opportunity to create meaningful wealth for yourself and your loved ones. We ONLY work with agencies that provide:

Supportive Management

Whether it's tapping into your natural talents, helping you improve your professional skills, or taking advantage of our mentorship opportunities—at New York Life, you're joining a team that enables you to succeed.

Expert Training

We know the importance of setting people up for success. That’s why we work with agencies that provide the training and tools to help make critical financial decisions for your future clients—building trusting, meaningful relationships with them along the way

Lead Generation

We'll help you learn how to develop and implement business and marketing plans, prospect and secure new clients, and apply your personal touch when presenting our products and services.

What does it take to be an insurance agent?

If you are who are self-driven, and have great passion on helping people to gain full insurance protection and wealth accumulation. We are looking for entrepreneurs, not just another Financial Consultant.

You would be embarking on a fulfilling career that can’t be measured by money alone; a career that recognizes real efforts and real results; a career that is also about the well-being of others, by helping people and their families to secure their wealth management and risk protection needs. And if you excel, you will be rewarded too! 

Requirements

  • Minimum 21 years old (MAS Requirement).
  • A full certificate in GCE A-Level, International Baccalaureate Diploma qualification, diploma awarded by a Polytechnic in Singapore, or any other academic qualification which is equivalent to the above qualifications.
  • No working experience is required.
  • Mid-career professionals who are at a cross-road in their career path are welcome for open discussion.
  • Self-motivated personality and positive attitude.
  • If you are contemplating a mid-career switch. We will provide you with the necessary and comprehensive training.

About the Insurance Industry in Singapore

The Singaporean government regulates all businesses, thus all insurance companies are owned and operated by the government. In Singapore, the majority of the insurance companies are public companies. The public insurance companies are GIC and Temasek Holdings. The top three largest private insurance companies in Singapore are Great Eastern Holdings, NTUC Income, and AXA. There are several insurance companies in Singapore, but the two largest companies are AXA and Great Eastern Holdings.

Difference between an insurance agent vs a financial advisor

These are two different types of financial advisors. Insurance agents work for an insurance company and sell insurance products to clients. Independent financial advisors are self-employed and they get paid by commission. These independent financial advisors don't work for any company, they work directly for the customers to sell them financial products that suit their needs. 

Because insurance agents are employees of insurance companies, they are not able to choose whatever products they want to sell. They are forced to sell only the products approved by the insurance company. They earn their living by selling insurance products. Whereas independent financial advisors are free from any limitations of selling only approved products. They can select their own products and sell them to the clients directly.