AIA Singapore introduces more than 500 financial sales advisory positions under new employment scheme providing greater financial stability to attract fresh graduates, mid-career switchers and stay-at-home-parents keen to return to the workforce

AIA Singapore’s Financial Associate Scheme (FAS) affords fundamental pay, CPF contributions, complete expertise coaching, full-time employment advantages and more

SINGAPORE – Media OutReach – 30 June 2022 – AIA Singapore as we speak introduced the creation of more than 500 positions as AIA Financial Associate Consultants with the launch of its Financial Associate Scheme (FAS). The scheme affords greater financial stability for people keen to pursue a profession in financial companies by providing full-time employment advantages together with fundamental pay, CPF contributions mixed with the versatile working setting loved by AIA Financial Associate Consultants.

AIA’s FAS will present new AIA Financial Associate Consultants with a more secure and structured compensation mannequin, together with a base wage starting from $2,700 – $8,000 monthly[1] in addition to engaging quarterly bonuses based mostly on efficiency. Eligible candidates will likely be under the direct employment of AIA Singapore the place they may get to get pleasure from full-time worker advantages, together with CPF contributions, annual depart and medical advantages, whereas even be under the supervision of an company chief.

To equip candidates with the related expertise and data to achieve the financial companies business, candidates will bear a holistic expertise coaching programme the place they may obtain job-specific coaching and acquire a basic understanding of the life insurance coverage business. As a part of their profession growth, they may even be positioned on coaching programmes centered in serving to them succeed on this profession and in the direction of the managerial path.

Mr Chin Chung Wen, Chief Distribution Officer of AIA Singapore, mentioned, “The AIA Financial Associate Scheme is in response to feedback from many talents we engaged with – from fresh graduates to mid-career switchers – who are keen to pursue opportunities in financial sales advisory but hesitate because of existing financial responsibilities they already have.”

“Another key group we established this scheme for is stay-at-home-parents and women who want to return to the workforce. We want them to feel empowered and confident to re-start their professional lives with AIA, and we believe that the career provides them the stepping-stone to make this happen. Creating a more conducive environment for women to re-join the workforce will also help address the tight labour market we are currently experiencing.”

“AIA Financial Associate Consultants are not simply financial consultants, they play a critical role in influencing lives and being a trusted partner for their clients throughout life’s journey. As a leading insurer, AIA is dedicated to nurturing our insurance representatives into future leaders; inspiring them beyond their comfort zones and allowing their talents to truly shine in the process,” Mr Chin added.

There are roughly 260,000 girls in Singapore who’re well-placed to return to the workforce[2]. The current White Paper on Singapore Women’s Development, a whole-of-society evaluate of Singapore girls’s growth, additionally outlined the crucial of pursuing initiatives that allow more girls to take part more totally in the office[3].

The creation of more than 500 new positions under this new scheme is geared toward increasing AIA’s distribution functionality which is at present already one in every of the strongest in the nation.

For 7 consecutive years, the AIA Group has achieved the largest variety of MDRT members and is the solely multinational firm in the world to have finished so. AIA Singapore has additionally achieved the highest variety of Million Dollar Round Table (MDRT) registered members for seven consecutive years from 2014 to 2020. In 2021, AIA Singapore doubled our variety of MDRT achievers. Internationally recognised as the gold commonplace of excellence in life insurance coverage and financial companies, AIA’s company power represents the business pinnacle in skilled data, moral conduct and excellent shopper service. AIA Singapore can also be ranked amongst the prime 15 greatest workplaces in LinkedIn’s Top Companies in Singapore 2022.

The firm is recognised for equipping AIA Insurance Representatives with the newest digital instruments, best-in-class enterprise data in addition to excessive service and skilled ethics requirements, empowering them to assist people, households and companies shield what issues most to them.

AIA Singapore is persistently recognised for its digital improvements to help AIA Insurance Representatives and clients alike. iSmart, an analytics-backed super-app for the company power to higher interact with clients, and AIA Claims EZ, an AI-enabled platform which makes the digital claims expertise sooner and more seamless, have been lately awarded with the Gold and Bronze awards respectively at the Asia e-Commerce Awards 2021 by Marketing Interactive[4].

Individuals who’re to apply for the scheme can go to: www.aia.com.sg/financialassociatescheme

About AIA

Notes:
1. Hong Kong SAR refers to Hong Kong Special Administrative Region.
2. Macau SAR refers to Macau Special Administrative Region.

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