Business Development Manager
2 weeks ago
Established in the financial industry, IPS Group is well-positioned to expand its bancassurance business and seeks an accomplished professional to lead its brokerage team.
Key Responsibilities:- Drive business growth through strategic planning, risk management, and financial control.
- Execute the implementation of new insurance products in partnership with insurer partners.
- Develop and implement a general insurance proposition strategy.
- Promote bancassurance business expansion through segment penetration.
- Plan and execute sales campaigns and customer acquisition/retention activities.
- Monitor internal controls, including partnership management, regulatory reporting, product due diligence, complaint handling, and incident reporting.
- Maintain compliance with regulatory requirements and manage team operations accordingly.
- Nurture relationships with bank business partners and insurer partners.
- Stay abreast of market trends and develop general insurance product strategies based on market intelligence.
Requirements:
- University degree in Business, Marketing, or related fields.
- Minimum 15 years of relevant experience, with at least 5 years in management, in general insurance within a broker company or insurance company, preferably banking industry.
- Holders of ACII or ANZIIF, FLMI / CFP/ Insurance Intermediaries Qualification Papers 1, 2, 3 & 5.
- Strong presentation skills with exceptional storytelling abilities and good insurance product knowledge.
- Able to work independently and proactively with good problem-solving and negotiation skills.
- Open-minded and flexible to take on new challenges.
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