Business Development Manager - Commercial and Travel Insurance
ETIQA INSURANCE PTE. LTD.
8 days ago
Posted date8 days ago
N/A
Minimum levelN/A
Etiqa is looking for a dynamic individual to join our team. Do you have what it takes?
Are you:
WANT TO MAKE A DIFFERENCE?
This exciting proposition allows you to work with Etiqa, a leader in the insurance sector, optimizing your unique skill set, and getting onboard our journey towards "Making The World A Better Place".
We are seeking a dynamic and results-driven General Insurance Business Development Manager to grow our Commercial and Travel Insurance portfolios. This is an all-encompassing role demands a strategic thinker with exceptional negotiation skills, a robust network of industry contacts, and a passion in expanding market share in uncharted territories. This is a great career growth opportunity to gain visibility within the organization, for someone who strives for superior performance and inspire others.
KEY RESPONSIBILITIES
Commercial Insurance Focus:
Travel Insurance Focus:
JOB REQUIREMENTS
Are you:
- Passionate about working with people?
- A creative thinker with a positive attitude & outlook?
- A strong dynamic communicator able to collaborate effectively?
- Willing to learn, adapt & grow in a fast paced work environment?
WANT TO MAKE A DIFFERENCE?
This exciting proposition allows you to work with Etiqa, a leader in the insurance sector, optimizing your unique skill set, and getting onboard our journey towards "Making The World A Better Place".
We are seeking a dynamic and results-driven General Insurance Business Development Manager to grow our Commercial and Travel Insurance portfolios. This is an all-encompassing role demands a strategic thinker with exceptional negotiation skills, a robust network of industry contacts, and a passion in expanding market share in uncharted territories. This is a great career growth opportunity to gain visibility within the organization, for someone who strives for superior performance and inspire others.
KEY RESPONSIBILITIES
Commercial Insurance Focus:
- Manage existing and solicit new business in commercial line, including SMEs and government agencies accounts.
- Assess customers' business risks and tailor insurance solutions across property, liability, business interruption, and potentially new risks.
- Identify, lead and manage tender process, from identifying opportunities and preparing proposals to submitting tenders and managing contracts.
- Work closely with underwriting and claims teams to ensure smooth policy servicing and claims management.
- Act as a subject matter expert to internal team, consistently adding value to the department by sharing market insights, contribute innovative ideas and more efficient distribution model.
- Assist HOD with the development and roll-out of any new products.
- Contribute to the Business transformation agendas by actively participate in business improvements squads.
Travel Insurance Focus:
- Drive travel insurance growth with our partners in the trade specific agencies distribution space.
- Develop strong relationships with ground-level agents to drive desired behaviours and implement account management strategies to enhance partner engagement and maximise revenue growth.
- Advocate Etiqa branding as a trusted travel insurance partner.
- Plan and conduct product and system trainings regularly to ease selling experience and ensure compliant to regulatory requirement.
- Pro-actively plan and execute sales campaigns for partners to ensure revenue targets are met.
- Conduct performance review (sales, profitability, service quality) with partners on monthly basis and address issues/gaps/partners' needs promptly.
- Maintain up-to-date on competitive analysis to ensure our proposition is always ahead of the market.
- Conduct competitive analysis to identify emerging trends, opportunities, and threats to ensure our proposition stays ahead of market forces and meets market demands.
- Lead and manage projects related to products and services enhancement to elevate partner and customer experience.
JOB REQUIREMENTS
- Bachelor's degree in Business Administration, Finance, Insurance, or related field.
- Certification in PGI and ComGI is a must.
- Minimum 5 to 7 years of experience in business development within the general insurance industry.
- At least 3 years of experience in managing agency business.
- Exposures in establishing affinity partnership with insurtech/fintech/TSAs are highly desired.
- In-depth understanding in commercial lines underwriting is essential.
- Excellent interpersonal skills, coupled with a well ingrained sales & service mindset.
- Experienced in new product launches and familiar with agile methodology.
- Proficient in performance analysis, Power Point presentations, developing business proposals and commercial contracts.
- Adaptable and able to work independently and under fast pace environment.
- Resilient in facing challenges, be creative and flexible in problem solving.
JOB SUMMARY
Business Development Manager - Commercial and Travel Insurance
ETIQA INSURANCE PTE. LTD.
Singapore
8 days ago
N/A
Full-time
Business Development Manager - Commercial and Travel Insurance