The Singapore arm of Prudential is looking to recruit 500 financial consultants throughout 2021, as the covid-19 crisis increased awareness and demand for insurance products.
Of the 500 vacancies, the firm will allocate 200 to mid-careerists, for whom it has set up a S$1m (£560,000, $744,000, €627,000) talent management programme.
This will support and train people looking to pursue a career in the insurance sector and it is set to start from January 2021.
The programme will be two-years long, including a 12-month competency and skilling course, the firm said.
Applicants will receive a monthly allowance of up to S$10,000, depending to relevant work experience, for 24 months.
Opportunities for young job seekers
The remainder of the vacancies will be given to graduates fresh out of university, the company added.
They will also undergo in-house training and receive a monthly allowance for 24 months.
Prudential Singapore’s chief agency officer John Soong said: “As one of the largest insurers in Singapore, we want to offer support to both mid-career job seekers and young people who face limited employment opportunities in this tough climate.
“We are also expanding our agency force to meet rising demand for medical and protection solutions, as the pandemic has brought into sharp relief the importance of insurance.”
