Description
Prudential's purpose is to be partners for every life and protectors for every future.
The Key Account Director is responsible for the end-to-end performance, sustainability and strategic development of key bancassurance partnerships, with a specific focus on High Net Worth (HNW) customer segments and digital-led transformation of bancassurance distribution models.
Principal Duties & Responsibilities:
- Strategic Account & P&L Management
- Own full P&L accountability for assigned strategic bancassurance partners, ensuring long-term financial viability and profitability of partnership.
- Translate joint business plans into clear execution roadmaps, with strong governance over targets, productivity, cost and risk.
- Ensure alignment between partner strategy and Prudential's enterprise, growth and sustainability objectives.
- High Net Worth (HNW) Segment Leadership
- Lead the development and execution of HNW bancassurance strategies, including product propositions, customer journeys and servicing models.
- Partner closely with bank counterparts to deepen penetration within affluent and HNW segments, improving share of wallet and customer lifetime value.
- Ensure HNW propositions are supported by appropriate advisory capability, product design and service infrastructure.
- Digital Transformation & Innovation
- Drive the digital transformation agenda across bancassurance partnerships, including:
- Digital sales platforms and tools
- Data-driven customer insights and analytics
- Simplified, straight-through and scalable sales and servicing processes
- Identify and incubate new digital-enabled distribution models, specialist propositions and ecosystem partnerships.
- Work with internal and external stakeholders to pilot, scale and embed future-ready bancassurance capabilities.
- Partner & Stakeholder Management
- Serve as the primary senior interface with bank partners, nurturing trusted relationships and resolving complex commercial or operational matters.
- Influence and align multiple internal stakeholders (Products, Operations, Technology, Risk, Compliance) to deliver partner commitments.
- Proactively manage expectations, escalate risks early and ensure timely resolution of issues.
- Sales Performance & Governance
- Drive sales productivity, quality and compliance across bancassurance channels, including Balanced Scorecard and regulatory requirements.
- Oversee execution of product, marketing and channel strategies tailored to partner segmentation and customer profiles.
- Ensure robust risk management, controls and regulatory compliance, balancing growth with Prudential's governance standards.
- People & Capability Leadership
- Lead and coach senior sales and account management teams across multiple partnerships.
- Build future-ready capabilities in digital selling, HNW advisory and partnership management.
- Foster a performance-driven, collaborative and accountable culture.
Key Competencies
- Strong business acumen and strategic thinking
- Executive-level stakeholder and partner management
- Ability to translate strategy into disciplined execution
- Digital mindset with customer-centric orientation
- High integrity, sound judgment and resilience in a complex environment
Job Specification:
- Bachelor's degree in Business, Finance or related field (MBA is a plus)
- 12-15 years' experience in bancassurance, insurance or financial services
- Strong experience managing key partnerships and driving revenue/P&L
- Good understanding of HNW / affluent segment and bancassurance models
- Exposure to digital transformation or digital sales initiatives
- Strong stakeholder management and ability to work across functions
- Solid knowledge of risk, compliance and governance requirements
- Proven leadership experience in managing and developing teams
- Strong communication, strategic thinking and problem-solving skills
This listing is enriched and indexed by YubHub. To apply, use the employer's original posting:
https://prudential.wd3.myworkdayjobs.com/en-US/prudential/job/Kuala-Lumpur/Director--Key-Account_26050613