Business Development Manager

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

Job summary

RHB Insurance Berhad in Prai, Malaysia seeks a Business Development Manager at Lebuh Pantai Branch to drive growth across agency, group, and direct portfolios. You will support marketing strategies, collaborate with underwriters, and expand the agency network while maintaining regulatory compliance.

The role emphasizes building relationships, achieving profitability targets, and delivering structured marketing initiatives to capture market opportunities in the Malaysian insurance market.

Qualifications

• Strong analytical skills with good knowledge of insurance products and market practices.
• Demonstrated ability to achieve profitability and sales targets.
• Good interpersonal and communication skills.

Responsibilities

• Support Branch Manager in formulating and implementing marketing strategies for the Agency channel.
• Manage agency, RHB Group, and direct portfolios to improve productivity and profitability.
• Collaborate with underwriters on risk acceptance within authority limits.
• Drive Agency Recruitment programmes to expand the agency force.
• Organize relationship enhancement activities with agents and partners.
• Conduct agency portfolio segmentation to identify growth opportunities.
• Review product portfolios for competitiveness and relevance.
• Identify market opportunities and develop marketing strategies to expand share.
• Coordinate surveys and risk management programmes for clients.

Skills

Analytical skills

Sales targets

Interpersonal skills

Relationship-building

Independent worker

Education

Bachelor's degree or professional qualification

Job description

We are looking for a motivated Business Development Manager (Lebuh Pantai Branch) 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.

RHB Banking Group is a leading regional financial services provider headquartered and listed in Malaysia. Established in 1913, we offer comprehensive banking solutions across retail, business, corporate, and Islamic banking. With a strong presence in Malaysia and nine ASEAN countries, we are committed to delivering simple, fast, and seamless experiences. Guided by our brand promise, “Together We Progress,” we continue building a sustainable and inclusive future with our customers and stakeholders.

RHB Banking Group is a leading regional financial services provider headquartered and listed in Malaysia. Established in 1913, we offer comprehensive banking solutions across retail, business, corporate, and Islamic banking. With a strong presence in Malaysia and nine ASEAN countries, we are committed to delivering simple, fast, and seamless experiences. Guided by our brand promise, “Together We Progress,” we continue building a sustainable and inclusive future with our customers and stakeholders.

What can I earn as a Business Development Manager