Business Development Manager (Team Lead)

Business Development Manager (Team Lead)

Job Overview

Location
Singapore, Central Singapore
Job Type
Full Time Job
Job ID
1791
Date Posted
1 month ago
Recruiter
Julia Hart
Job Views
98

Job Description

Critical Tasks and Expected Contributions/Results:

  • Develop and drive proactive Group Sales strategy execution plan to maximise opportunities
  • Direct the development and recommendation of measurable production and profit objectives which can be achieved through both product lines, including budgeting, forecasting activities and analyses market and client analyses, etc.
  • Generate and follow up new business leads to meet sales and profitability targets in line with overall strategy
  • Ensure effective collaboration with internal business partners, e.g. Operations, Finance, Legal & Compliance, for best deployment of sales strategy and delivery of optimum service to clients
  • Keep abreast of all developments in the market for both clients and competitors
  • Raise Cigna’s profile and reputation externally and establish Cigna as a recognised authority in the market
  • Prepare regular reports for senior management to monitor sales effectiveness and performance against target and initiate corrective actions as appropriate
  • Provide direction, coaching and robust development plans for business development talents to drive results through change and grow succession in sales management

Key Challenges/Anticipated Changes in Environment:

  • Keep close to market trends and development, including competitors’ strategy, and proactively adjust the Sales strategy and execution as needed to maximize specific opportunities
  • Gain buy-in from stakeholders (internal and external) in the Sales strategy, connecting departments and efforts for strong collaboration in delivering the sales proposition
  • Add value in sales, strategy and product discussions to drive profitability and increase/deepen market share
  • Liaise with internal departments, e.g. underwriting, claims teams, marketing, in line with established procedures to ensure optimimum service to client

Developmental Value of Position:

  • Lead in the development of a robust and proactive Sales strategy that edges out competitors and maintain and further widen the gap in Cigna Singapore’s market leader position
  • Lead the research and development of new business opportunities and products
  • Contribute to the development/enhancement of Cigna products to meet users’ requirements
  • Liaise with other Cigna worldwide offices to develop opportunities; to drive cross sell activities

Experience/Knowledge, Education and Other Requirements:

  • Bachelor’s Degree level required
  • Relevant insurance certification : BCP, PGI and HI
  • Minimum 10 years’ healthcare industry experience
  • At least 5 years’ experience at a senior and/or sales management level with a focus on both growth and profitability
  • Experience in working with multiple stakeholders and distribution channels
  • Experience in developing strategic market, sales and/or business plans
  • An established network of contacts and relationships with key players/decision makers in the market is preferred

Personal Competencies Required:

  • Curious, proactive, self-motivated, results-driven
  • Ability to deal with ambiguity and able to adjust and adapt quickly
  • Strong in solutioning and think out of the box for creative solutions
  • Strong leadership skills with a proven track record of building effective teams and motivating others in achieving ambitious business targets
  • Ability to influence and build consensus at senior level and skilfully navigate the organization
  • Excellent analytical skills with the ability to research, prepare and deliver high quality presentations

Job ID: 1791

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