Business Development Manager (Georgetown, Penang)

RHB Banking Group; George Town; On-site; MYR 100,000 - 150,000; Full time

Job summary

A leading banking institution based in George Town, Malaysia, is seeking a qualified professional to support the Branch Manager. This role focuses on expanding business profitability through effective marketing strategies and enhancing agency recruitment. Requirements include relevant qualifications and experience in the insurance industry, strong analytical skills, and the ability to achieve sales targets.

Qualifications

• Relevant professional qualification in insurance and/or degree in any discipline.
• Working experience in the Insurance industry.
• Strong analytical skills and knowledge on insurance industry.

Responsibilities

• Support to Branch Manager in formulating and implementing marketing strategy.
• Enhance Agency Recruitment Programme.
• Organise Relationship Enhancement activities.

Skills

Strong analytical skills

Excellent interpersonal skills

Proven track record of delivering on sales targets

Education

Relevant professional qualification in insurance

Degree in any discipline

Job description

Objective

• Support Branch Manager in expanding business profitability in an efficient manner
• Manage Agency, RHB Group and Direct business portfolio to maximize productivity
• Work with underwriter in acceptance of new risks as according to acceptance limit given by HO
• Get survey and risk management program for Banca Retail clients
• Expand new market share
• Increase Agency force
• Identify market opportunities and develop structural marketing strategies
• Review product portfolio

Key Responsibilities

• Support to Branch Manager in formulating and implementing marketing strategy to maximize business potentials through Agency channel
• Enhance Agency Recruitment Programme
• Organise Relationship Enhancement activities
• Agency portfolio segmentation
• Review product portfolio
• Monitor Credit Control policy
• Ensuring Regulatory Guidelines and Company Policy are being adhered to

Requirements

• Relevant professional qualification in insurance and/or degree in any discipline
• Working experience in the Insurance industry
• Strong analytical skills and knowledge on insurance industry
• Proven track record of delivering on profitability and sales targets
• Excellent interpersonal and relationship-building skills
• Able to function independently in achieving or even exceeding assigned KPIs