Insurance Sales Executive
2 weeks ago
Great Eastern Life Assurance Company
Welcome to Great Eastern Life Assurance Company, where we strive to make life great for our customers
We are a well-established market leader and trusted brand in Singapore and Malaysia, with over S$100 billion in assets and more than 16 million policyholders. Our company offers a wide range of insurance products, including life insurance, general insurance, and investment-linked policies.
As a Business Development Manager at Great Eastern Life Assurance Company, you will be responsible for driving business development of Group Insurance – Employee Benefits through direct distribution channel and bank partnership to meet business targets.
Key Responsibilities:
- Develop and execute effective sales strategies to achieve personal sales targets by developing renewal and new business.
- Drive business development of Group Insurance – Employee Benefits through direct distribution channel and bank partnership to meet business targets.
- Collaborate with superiors to plan and execute strategies for achieving personal sales targets by developing renewal and new business.
- Monitor sales performance and key initiatives, preparing weekly sales reports.
- Oversee day-to-day distribution support and activities for existing corporate clients.
- Build and maintain professional relationships with clients and partners, ensuring a high level of service delivery and customer satisfaction.
- Assist in organizing events, employee briefings, and presentations on claims utilization review for corporate clients.
- Ensure seamless implementation of policy processes, including enrolment, briefing, setup, and billing.
- Lead efforts to follow up on outstanding premiums and claim recovery.
- Collaborate proactively and transparently with internal teams (Operations, Finance, Claims) to optimize customer experience.
- Participate in projects or initiatives to expand and grow the employee benefits business.
- Promote a positive culture and uphold behavioral expectations within the department or division.
- Adhere to Credit Control Procedures (CCP).
- Take accountability in considering business and regulatory compliance risks and take appropriate steps to mitigate the risks.
- Maintain awareness of industry trends on regulatory compliance, emerging threats, and technologies in order to understand the risk and better safeguard the company.
- Highlight any potential concerns/risks and proactively share best risk management practices.
Requirements:
- Bachelor's degree in Marketing, Business, Administration, Insurance, or equivalent.
- Minimum of 5 - 7 years' experience in a sales-related role.
- Strong customer focus with the ability to build and maintain relationships across the organization and externally.
- Proven track record in sales, marketing, or business development with excellent interpersonal, communication, and networking skills.
- Skilled at handling complaints and requests with urgency, maintaining impartiality and objectivity.
- Willingness to work flexible hours, including weekends, public holidays, or after office hours for training, product launches, or special events.
- Proficiency in Microsoft Office (Word, Excel, PowerPoint).
- Excellent ability to communicate, present, persuade, and influence effectively at all levels of the organization.
- Strong sales and customer service skills, with the ability to assess client needs, provide quality services, and uphold high standards.
- Self-motivated, resilient, and capable of thriving in a challenging and fast-paced environment.
- High level of integrity, takes accountability for work, and has a good attitude towards teamwork.
- Takes initiative to improve the current state of things and is adaptable to embrace new changes.
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