Business Development Executive - Insurance Industry

'Responsibilities

New Business Development

Responsibility to grow the business through various channels – Financial Advisers, Brokers, Introducers, etc

Prospect for potential new Financial Advisers, Brokers, Introducers, etc and clients and turn this into increased business.

Growing, maintaining, and leveraging your network.

Identify potential Financial Advisers, Brokers, Introducers, etc / clients, and the decision makers within the client organization.

Research and build relationships with new Financial Advisers, Brokers, Introducers, etc and clients.

Work with team to develop proposals that speaks to the client’s needs, concerns, and objectives.

Handle objections by clarifying, emphasizing agreements and working through differences to a positive conclusion. * Use a variety of styles to persuade or negotiate appropriately.

Travel outstation when needed.

Financial Advisers, Brokers, Introducers, etc and Clients Retention

Present new products and services and enhance existing relationships.

Arrange and participate in internal and external client debriefs.

Business Development Planning

Attend industry functions, such as association events and conferences, and provide feedback and information on market and creative trends.

Present to and consult with mid and senior level management on business trends with a view to developing new services, products, and distribution channels.

Administration, Reporting and Compliance

Submit/update weekly progress reports and ensure data is accurate.

Track and record activity on accounts and help to close deals to meet these targets.

Understand the company’s goal and purpose to enhance the company’s performance.

Ensure distribution Compliance, Corporate Governance and quality of work are adhered to.

Requirements

1. Possess a recognised degree in any field.

2. At least 3 years in Life and/or General insurance industry. Has experienced in Marine, Aviation and Trade Credit General Insurance will be an added advantage.

3. Goal and performance oriented.

4. Excellent verbal and written communication skills in English. Bahasa Melayu and Mandarin will be an added advantage.

5. Strong communication, relationship, presentation and negotiation skills. 6. Well-organized with a customer-oriented approach.

7. Proficiency in Microsoft Office suite of products.

8. Ability to manage multiple complex tasks concurrently and adhere to deadlines.