Business Development Manager (Insurance Brokerage - Thai Market)

RECRUIT AVENUE PTE. LTD.; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A recruitment firm is seeking a Business Development Executive in Singapore to grow the insurance portfolio targeting the Thai market. Responsibilities include developing strategies, building relationships, and managing the sales cycle. Candidates should have 3–5 years of insurance experience and be fluent in Thai and English. This role demands strong communication skills and a proactive attitude.

Qualifications

• Minimum 3–5 years of experience in insurance, ideally in business development or sales roles.
• Proven track record in developing the Thai/HNW market segment.
• Strong understanding of insurance products and distribution models.
• Excellent interpersonal and communication skills.

Responsibilities

• Develop and execute business development strategies for the Thai market.
• Identify and cultivate relationships with potential partners and brokers.
• Work with teams to tailor solutions to market needs.
• Manage end-to-end sales cycle from lead generation to onboarding.
• Support marketing efforts tailored to the Thai-speaking segment.

Skills

Insurance business development

Sales strategies

Client relationship management

Fluency in Thai

Fluency in English

Education

Degree in Business, Finance, or related field

Job description

Key Responsibilities:

• Develop and execute business development strategies to grow the insurance portfolio targeting clients from or related to the Thai market.
• Identify and cultivate relationships with potential partners, brokers, and distribution channels serving the Thai community or high-net-worth individuals.
• Work closely with internal teams including underwriting, marketing, and product development to tailor solutions to market needs.
• Monitor market trends, competitor activity, and customer feedback to identify opportunities and improve offerings.
• Manage end-to-end sales cycle, from lead generation to onboarding and after-sales service.
• Support marketing and branding efforts specific to the Thai-speaking segment, including events, seminars, and content creation.

Requirements:

• Minimum 3–5 years of experience in insurance, ideally in business development, sales, or distribution roles.
• Proven track record of success in developing the Thai/HNW market segment.
• Strong understanding of insurance products, distribution models, and regulatory frameworks.
• Fluency in Thai and English is required, to liaise with Thai-speaking clients and partners.
• Excellent interpersonal and communication skills.
• Self-motivated, proactive, and able to work independently as well as part of a team.

Preferred Qualifications:

• Prior experience in HNW life insurance or cross-border insurance solutions.
• Existing network within the Thai-speaking client base or referral partners in Singapore.
• Degree in Business, Finance, or related field.

Yang Lily, Recruit Avenue Pte. Ltd.

EA License Number: 23C1935 | EA Personnel Number: R1551292