Be inquisitive Why the insurance industry

Today, growth in the life insurance industry has been increasing year on year with no signs of slowing down. In hopes of keeping up with the ever-growing costs of living, more and more people are looking for viable sources of security to tide over times of crisis in their lives.

Join Prudentual - Industry Statistics 2020
Join Prudentual - Industry Statistics 2020
Join Prudentual - Industry Statistics 2020
Join Prudentual - Industry Statistics 2020
Join Prudentual - Industry Statistics 2020

Data source: Life Insurance Association - Industry Performance 2020
Information correct as at 06 February 2020

Based on the Life Insurance Association study illustrated in the graph, most of the financially-abled age groups from age 20 – 64 are trailing significantly behind the ideal protection coverage amount for their respective stratum. Many Singaporeans are still unaware of the importance of insuring their future amidst living in a high-cost society, thus giving you a huge opportunity to make your mark in the insurance industry.

The Life Insurance Protection Gap for the different age groups in Singapore

*Only Critical Illness (CI) insurance coverage had been assumed. CPF savings are not included as we have assumed that Medisave account is only used to offset the immediate medical needs, and the remaining CPF account balance cannot be withdrawn due to CI. Other savings are not included as we have assumed that the patient will still require savings to maintain a reasonable lifestyle in the later stages of life such as retirement needs.

Needs and existing cover (S$)

Note: The amount of protection needs and protection gap varies by age band, gender, income level and family profile.
Why Join Prudential Singapore as a Financial Consultant - Average Life Insurance Coverage

Average Life Insurance Coverage per
economically active adult (including rider)
S$290,086 in 2017

Why Join Prudential Singapore as a Financial Consultant - Average Mortality Protection Gap

Average Mortality Protection Gap per
economically active adult
S$169,673 in 2017

Source: Life Insurance Association - Protection Gap Study 2017

By 2030, there will be 900,000 senior citizens in Singapore aged 65 and above. Better medical capabilities are allowing us to live longer, with life expectancy growing year-on-year. However, the concept of retirement planning is still rarely practised. Grab this chance to shine your light and help the people around you in learning the importance of retirement planning to secure their future.


By 2030, almost one million people will be 65 years and older, more than double the number today.

900000 senior citizens

Singaporeans are living longer, the average life expectancy has been increasing since the 1990s.

Life expectancy at birthSingapore in Figures 2017

Source: Singapore Department of Statistics “Occasional Paper- Population Scenarios”

With cost of basic necessities increasing year on year without respite, people are starting to realise that one can no longer rely on their month-to-month savings to tide over unforeseen circumstances in life. Things are getting increasingly expensive over a shorter period of time. One needs to plan faster and further ahead than the speed of inflation to better secure their future.

Education 3% increase Why Join Prudential Singapore as a Financial Consultant - Rising Education Costs
Food 1.4% increase Why Join Prudential Singapore as a Financial Consultant - Rising Cost of Living
Healthcare 2.1% increase Why Join Prudential Singapore as a Financial Consultant - Rising Health Costs

Source: Singapore Department of Statistics, Consumer Price Index (2014=100) March 2018
[Contains information from Consumer Price Index (2014=100) March 2018 accessed on 26 April 2018 from Singapore Department of Statistics which is made available under the terms of the Singapore Open Data Licence version 1.0 https://data.gov.sg/open-data-licence]

Be assured Why Prudential

Skills Development
Why Join Prudential Singapore as a Financial Consultant - Skills Development to excel.

We ensure that you will be equipped with appropriate knowledge and skills to excel as a Financial Consultant with us.

Why Join Prudential Singapore as a Financial Consultant - Mentoring support & coaching

Our strong mentorship and coaching programmes will help build your self-confidence and bring out the best in you.

Why Join Prudential Singapore as a Financial Consultant - lead generation activities facilitated for you

We continuously facilitate lead generation activities for you to supplement your daily prospecting.

Incentives and Rewards
Why Join Prudential Singapore as a Financial Consultant - Incentives and Rewards

We provide incentives to help you kick start your career, reward you for participating in the right activities and if you qualify for our overseas conventions, we will fly you to dream destinations.

Be inspired Testimonials

These are our stories. Stories of our journey to becoming great Financial Consultants to our clients, friends and close ones. Will your story be here one day?

Be PRU About the career

  • Others’ Lives
  • A friend indeed

    Give meaning to work by being a friend to someone in times of need. Feel a sense of purpose when you see others’ lives get better because of you by simply offering a listening ear, being understanding and delivering Prudential’s promises on their insurance policies.

  • Protecting the future

    Life’s uncertainties often hit those who are unprepared. Be the go-to person for those around you on advice for future planning, be it protecting their families and loved ones or building their wealth.

  • Preparing for longevity

    With a higher standard of living and advancements in medical technology, more and more Singaporeans are expected to live longer, even reaching and surpassing 100 years of age. Help fellow Singaporeans to live healthy, meaningful and joyful lives.

  • Your Life
  • Flexibility and work-life balance

    That elusive work-life balance that is beyond grasp for most is easily within reach when you join us as a Prudential Financial Consultant. Juggle family commitments and self-enrichment activities alongside your work in the way that best suits you. No one controls the way you work but you.

  • Achieve financial freedom

    Learn the know-hows of financial planning and help not only yourself but also others around you. Help you and your clients grow funds towards savings, investment and retirement needs and strive towards achieving financial freedom. Not to forget, all your efforts along the way are compensated with our rewarding remuneration structure.

  • Cultivate your entrepreneurial aspirations

    Scale the ladders of aspirations and aim for the stars. Grow beyond being a Financial Consultant at Prudential and establish your leadership and management skills through our courses. Head start your career as an entrepreneur. Grow your team and groom the next generation of elites under your wings as an Agency Leader.

  • Continuous training and development

    With a plethora of product workshops and self-improvement courses conducted by both our in-house trainers from Learning and Development (L&D) and renowned external trainers, you will be equipped with more than the basic essentials to kick start your career with Prudential. In addition, with courses tailored for every stage of your progress you can constantly improve and upgrade yourself in Prudential.

Click here to download the brochure and find out more about your career as a Financial Consultant.

  • Full certificate in GCE ‘A’ Level, International Baccalaureate Diploma qualification, diploma awarded by a polytechnic in Singapore or equivalent. Degree holders are preferred.
  • Good knowledge of banking, wealth management & insurance products is an added advantage
  • Excellent customer focused mindset
  • Personable, sincere, strong integrity & determination
  • At least 21 years old (regulatory requirement)
  • All Prudential Financial Consultants are required to attain CMFAS certifications M5, M9, M9A and CHI.

Click here for more information on the modules.

Join Prudential Singapore as a Financial Consultant - Job Requirements

Whether you aspire to be a sales professional or to lead a team, Prudential gives you the option to steer towards a career path where you will find most fulfilment in!

Join Prudential Singapore as a Financial Consultant - Career pathways for leadership or professional.

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