About the role
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.
This role is responsible for the day‑to‑day planning, administration, and execution of Bancassurance incentive programs. Key responsibilities include
coordinating with internal teams and bank partners to implement incentive schemes, monitoring incentive spending and compliance, preparing and
delivering sales and performance reports, managing incentive communications, and ensuring timely execution of contests, payments, promotions, and
trips. The role also supports ongoing analysis of program results and provides practical recommendations for operational improvements.
Responsibility:
• Conduct the incentives planning process with internal Distribution, Bank Partners, HR and Finance team to design Bancassurance
incentives plan and get approval.
• Keep track and manage all incentives spending under approved budget and ensure compliance requirements.
• Initiate and manage the communication plan of incentives to maximize the impact of sales incentive program/activities.
• Build reports that keep up to date records of sale and quality performance.
• Handle queries/requests/issues related to Incentives/Reports
from Salesforce, Bank Partners.
• Work with relevant stakeholders to ensure the timely delivery of contest memorandum/contest results, contest updates payment,
promotion, and trip execution.
• Regularly analyze the effectiveness of contests proven by data, business insight and propose solution for improvements in Working
committees, Steering committees with Bank Partners.
• Others: assigned by Line Manager from time to time.
Requirements:
• Bachelor’s Degree, major in Economics/Business Administration/Banking & Finance.
• At least 2 years experiences of working in Insurance/Financial/ Banking.
• Be able to work with details and good analytical skills to deal with large amounts of complex data, sales projection worksheet.
• Proficient in MS Word/Excel/Powerpoint.
• Good English (especially business writing).
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 & Tags
Aplyr's read
Prudential Financial is a key player in financial services, attracting professionals in insurance, investment management, and corporate development for diverse career opportunities.
What's promising
- •Prudential offers a comprehensive range of financial products, including life insurance and investment management.
- •The company has a strong global presence, providing diverse career opportunities across various regions.
- •Prudential invests in leadership development programs, fostering career growth and advancement.
What to watch
- •The financial services sector is highly competitive, posing challenges for market share growth.
- •Regulatory changes in the insurance industry may impact operational strategies and profitability.
- •Economic downturns can adversely affect demand for financial products and services.
Why Prudential Financial
- •Prudential's Future Leaders program targets next-generation management, emphasizing leadership development.
- •The company has a robust international footprint, enhancing cross-border career opportunities.
- •Prudential's diverse role offerings range from creative management to IT security, showcasing its broad operational scope.
Aplyr’s read is generated by AI from public sources. Was it useful?
About Prudential Financial
Prudential Financial, Inc. is a financial services and insurance company that offers a wide range of products and services including life insurance, annuities, retirement-related services, mutual funds, and investment management.
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