Senior Executive, Business Development (Employee Benefit)

Income Insurance Limited; Singapore; On-site; SGD 80,000 - 100,000; Full time

Job summary

A leading insurance company in Singapore seeks a motivated candidate for a role focused on managing employee benefits. The ideal applicant will handle growth and retention tasks for an assigned portfolio and manage quotes and renewals. Candidates should possess strong analytical skills and effective communication abilities. This position offers an excellent opportunity for those with some experience and a passion for the insurance industry, and will involve networking and training intermediaries.

Qualifications

• Minimum 2 - 4 years of experience in Employee Benefits.
• Candidates without experience but interested in insurance are welcome.
• Good written and oral communication skills.
• Ability to work under tight timelines and pressure.

Responsibilities

• Ownership of growth, retention, and profitability of assigned portfolio.
• Prepare and negotiate quotes or renewals within service standards.
• Timely submission of employee data and placement documentation.
• Handle client inquiries on policy matters.
• Build and maintain relationships with partners.
• Support intermediaries with product presentations.
• Conduct training for intermediaries.
• Handle ad hoc projects for product enhancements and market analysis.

Skills

Critical thinking

Analytical skills

Creative skills

Strong work ethics

Relationship-building

Team player

Communication skills

Education

Diploma or Degree holder with relevant insurance certificate

Tools

Microsoft Office (Excel, Word, Powerpoint)

Job description

This role gives the right candidate hands-on working experience and is designed to give the candidate an insight into our business, an understanding of our culture while developing critical skills necessary for future success.

The candidate will be contributing to our business and taking on real responsibility to grow with us. We are looking for critical thinkers with analytical and creative skill.

Candidates must have strong work ethics – motivated, hungry to learn and responsible. Willing to work with others and contribute towards a common goal. The role will require the candidate to perform the following functions.

• Ownership of the Growth, Retention and Profitability of portfolio assigned.
• Responsible for preparing & negotiating quotes or renewal for all business lines within the service standards set.
• Ensure timely and accurate submission of employee data, including placement documentation for billing, and liaising with internal operation team.
• Handle EB enquiries from clients or business partners on policy matters (e.g, policy documents, movement of employees or premium outstanding)
• Networking, build and maintain strong business relationship with partners.
• Ability to support intermediaries to provide product presentations as well as to conduct employee communication sessions to the corporate client’s employees.
• Conduct training to intermediaries.
• Ability to handle ad hoc projects assigned such as products/services enhancements and market analysis.

Qualifications:

• Minimum 2 - 4 year(s) working experience of working with Employee Benefit
• Candidates with no relevant experience but have an interest in working in the Insurance industry are welcome to apply
• Diploma or Degree holder with relevant insurance certificate
• Knowledge Microsoft Office applications (e.g. Excel, Word, Powerpoint)
• Possess good written and oral communications skills.
• Meticulous, service oriented, strong relationship-building and team player.
• Ability to work under tight timelines and pressure.