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Head of Bancaasurance

Thailand UOB Bank THB 2,400,000–4,200,000 per year, potentially including performance bonus*
Job Description

The Head of Bancassurance will lead UOB Thailand’s insurance distribution business, developing partnerships with insurers, setting sales and profitability targets, and managing customer-focused insurance products across the bank’s branch, relationship-management, and digital channels. Candidates are expected to have strong experience in bancassurance, insurance sales, retail banking, or financial services, together with proven leadership in managing teams and strategic partnerships. A solid understanding of Thai insurance regulations, product governance, risk controls, and customer protection requirements is important. The role also requires commercial judgment, negotiation ability, effective stakeholder management, and strong communication skills in English and Thai. The successful candidate should be capable of delivering sustainable growth while maintaining high service, compliance, and ethical standards.

Company Info

UOB is a major Southeast Asian bank headquartered in Singapore, with operations spanning Singapore, Malaysia, Thailand, Indonesia, Vietnam, China, and other key markets. The bank provides personal financial services, commercial and corporate banking, wealth management, investment banking, and digital financial solutions. UOB Thailand serves individuals, affluent customers, entrepreneurs, and large businesses through branches, relationship teams, and digital channels. Following its acquisition of Citigroup’s consumer banking operations in Thailand and several other markets, UOB has continued expanding its regional customer base and product capabilities. The group emphasizes responsible banking, long-term customer relationships, innovation, and disciplined risk management. In this role, employees would work in a regional banking environment, collaborating with insurance partners and internal teams such as retail banking, compliance, operations, marketing, and wealth management.

Destination Guide

Thailand offers strong opportunities in banking, insurance, technology, hospitality, education, healthcare, and international business, especially in Bangkok, Phuket, Chiang Mai, and major coastal cities. Bangkok is the main corporate center, while island destinations such as Phuket, Koh Samui, and Koh Phangan provide a slower lifestyle, beaches, tourism, and growing remote-work communities. Thai culture values respect, politeness, family, and flexibility; learning basic Thai is helpful in daily life and professional relationships. Living costs vary considerably, with Bangkok and Phuket generally more expensive than smaller cities. Foreign employees normally need a Non-Immigrant B visa and a work permit sponsored by their employer; requirements depend on nationality and position. Candidates should confirm current rules with Thailand’s immigration authorities or an authorized adviser. Relocation planning should include accommodation, healthcare, taxes, transport, and the rainy season.