Job Summary

Strategy
• Strengthen insurance value proposition and entrench it as an anchor product to strengthening customer relationship and loyalty. 
• Expand market through volume and spend
• Leverage strong alliances and business partners network to crystalize differentiated brand-propositions across customer segments. 
• Build insurance for whitespace growth segments and identify blue ocean opportunities. 
• Be the centre of expertise in providing guidance and strategy to countries in the deployment.
• Conduct regular insurance product and provider reviews and competitor analysis on price and proposition.  
• Focus on building strong insurance expertise and bench strengths.

Business
• Align with Global Head, Bancassurance to develop and implement a country wide insurance product strategy for profitable growth covering all insurance products and services that the Bank wish to pursue. Entails the integration of insurance products and services across all product lines, segments and platforms in country. 
• Spearhead Product Distribution Strategy focusing on Life Insurance Products across segments and value streams 
• Develop a productive and quality insurance sales advisory team across all segments (where applicable).
• Be the Centre of Expertise. Provide direction, guidance and input to country insurance product managers on the development of long term strategy, marketing and operational effectiveness in order to sustain the insurance growth opportunities within the country. 
• Support and Drive Business Performance, from channel/distribution sales performance, to cost management, customer base growth and market share 
• Drive Product Management and Delivery – Ensure Bancassurance product delivery and execution of the product’s route to market across all channels, in line with the overall business plan and revenue targets.
• Ensure compliance with Regulations, the Group Insurance Manual and the relevant Group Procedure and Product Governance committees.

Key Responsibilities

Regulatory & Business Conduct
•    Display exemplary conduct and live by the Group’s Values and Code of Conduct. 
•    Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
•    Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

Key stakeholders
•    Front liners: RM, BM, RBM and GM
•    WM Clients Segments
•    Country Operations & Technology
•    Credit Team
•    Legal & Compliance
•    Corporate Affairs & Brand and Marketing
•    Finance 
•    All Business and Functions Heads in SCB Indonesia
•    All Function within Group ASA WM
•    Government Officials and Regulators 
•    SCB existing clients
•    Counterparts in other Banks/Financial Institutions

Skills and Experience

•    Ability to analyse, compare, infer, interpret, evaluate and synthesize gathered data
•    Ability to speak and write clearly, concisely and articulately in English
•    Good knowledge of Microsoft Office Suite (Outlook, Word, Excel) and ability to learn quickly of new systems/applications
•    Research skills, including general Internet use
•    Open-mindedness and motivation to learn new things
•    Detail orientated

Qualifications

•    Education          Minimum Undergraduate Degree    
•    Certifications     Risk Management Certification
•    Languages        English and Indonesia

About Standard Chartered

We're an international bank, nimble enough to act, big enough for impact. For more than 170 years, we've worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you're looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents and we can't wait to see the talents you can bring us.

Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you'll see how we value difference and advocate inclusion.

Together we:

• Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
• Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
• Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

What we offer

In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.

• Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations.
• Time-off including annual leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days).
• Flexible working options based around home and office locations, with flexible working patterns.
• Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits
• A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning.
• Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.