Business Development Manager

RHB Group; Penang; On-site; MYR 90,000 - 150,000; Full time

Benefits offered by this job

Competitive rewards

Development opportunities

Supportive culture

Job summary

RHB Insurance Berhad, Prai, is seeking a Business Development Manager to drive growth by managing agency, RHB Group, and direct portfolios. You will expand market share and strengthen networks while steering strategic marketing initiatives to hit business targets.

You will collaborate with underwriters, lead agency recruitment, monitor portfolios, and ensure regulatory compliance, all while delivering profitability and building strong partner relationships.

Qualifications

• Strong analytical skills with good knowledge of insurance products and market practices.
• Good interpersonal and communication skills.
• Self-motivated, proactive, and able to work independently.
• Proven ability to achieve profitability and sales targets.
• Good contact network and relationship-building capabilities.

Responsibilities

• Support the Branch Manager in formulating and implementing marketing strategies to maximize business potential through the Agency channel.
• Manage and grow agency, RHB Group, and direct business portfolios to improve productivity and profitability.
• Collaborate with underwriters on the acceptance of new risks within the approved authority limits set by Head Office.
• Drive Agency Recruitment Programmes to strengthen and expand the agency force.
• Organize relationship enhancement activities to maintain strong engagement with agents and business partners.
• Conduct agency portfolio segmentation and identify opportunities for business growth.
• Review and monitor product portfolios to ensure competitiveness and market relevance.
• Identify market opportunities and develop structured marketing strategies to expand market share.
• Coordinate surveys and risk management programmes for Banca Retail clients.
• Monitor compliance with Credit Control policies, regulatory requirements, and Company guidelines.
• Ensure all business activities are conducted in accordance with regulatory guidelines and Company policies.

Skills

Analytical skills

Interpersonal skills

Communication skills

Self-motivated

Sales targets

Education

Bachelor's degree

Job description

About the Role

We are looking for a motivated Business Development Manager to join our team at RHB Insurance Berhad, Prai. In this role, you’ll support business growth and profitability through effective management of agency, RHB Group, and direct business portfolios. You will also play a key role in expanding market share, strengthening agency networks, and driving strategic marketing initiatives to achieve business targets.

What you will be doing

• Support the Branch Manager in formulating and implementing marketing strategies to maximize business potential through the Agency channel.

• Manage and grow agency, RHB Group, and direct business portfolios to improve productivity and profitability.

• Collaborate with underwriters on the acceptance of new risks within the approved authority limits set by Head Office.

• Drive Agency Recruitment Programmes to strengthen and expand the agency force.

• Organize relationship enhancement activities to maintain strong engagement with agents and business partners.

• Conduct agency portfolio segmentation and identify opportunities for business growth.

• Review and monitor product portfolios to ensure competitiveness and market relevance.

• Identify market opportunities and develop structured marketing strategies to expand market share.

• Coordinate surveys and risk management programmes for Banca Retail clients.

• Monitor compliance with Credit Control policies, regulatory requirements, and Company guidelines.

• Ensure all business activities are conducted in accordance with regulatory guidelines and Company policies.

What we’re looking for

• A degree or professional qualification from an institution recognized by the Government of Malaysia.

• Candidates with knowledge and/or experience in the insurance industry are encouraged to apply.

• Strong analytical skills with good knowledge of insurance products and market practices.

• Proven ability to achieve profitability and sales targets.

• Good interpersonal and communication skills.

• Good contact network and relationship-building capabilities.

• Self-motivated, proactive, and able to work independently.

• Strong problem-solving and organizational skills with attention to detail.

What we offer

At RHB Banking Group, we foster a collaborative and inclusive work environment where you can grow and perform at your best. You can expect competitive rewards, development opportunities, and a supportive culture that values your contribution.

*Only shortlisted candidates will be notified.