Business Development Manager, Distribution
2 weeks ago
We are seeking highly-motivated individuals with professional experience to join our team as Business Development Manager, Distribution . ERGO Insurance Pte. Ltd . is a registered general insurer regulated by the Monetary Authority of Singapore. We are a wholly owned Singapore subsidiary of ERGO Group AG, one of the major insurance groups in Germany and Europe, and we are the primary insurance arm of Munich Re, one of the leading reinsurers and risk carriers worldwide. There are countless good reasons to pick ERGO as an Employer. No matter where you are in your career, we offer various development opportunities in all departments at all levels. You’ll experience a fair and open-minded culture where every employee is trusted and valued. We support you on your career path. Professional development is a central part of our philosophy: we give all our staff the opportunity to develop, both personally and professionally. If you have a strong passion to succeed and aspire to join a company that can offer you an interesting and diverse career, we look forward to meeting you Requirements Minimum degree/ diploma in any discipline GI Certifications At least 5-7 years GI industry Has worked in General Insurance company, that is a plus Personality Traits Meticulous, organised and able to work in a fast-paced environment. Excellent communication/presentation and interpersonal and influencing skill. Result-oriented and target driven. Resilient in times of crisis and change management. Good team player. Able to interpret technical subjects of varying complexity to include regulatory issues. Strong organizational & leadership skills with ability to motivate a team to deliver results. Ability to consistently deliver high productivity & exceptional customer service & quality standards. Excellent communication & relationship building skills demonstrating an ability to deal with customers & colleagues at all levels. Ability to work without supervision & be self-motivated in a proactive manner seeing tasks through to resolution Consistently present a professional & positive approach. Good command of English. Will be an added advantage with Mandarin &/or dialect Job Descriptions Oversee the overall activity and help Distribution team deliver any activities outside the sales/underwriting environment Manage the overall activities for distribution channels according to channel budget/target Manage all training programs to ensure compliance with licensing regulations and alignment of sales strategies Work with stakeholders and develop incentive structure for business partners that are acceptable within the budget and legal and compliance framework Manage and develop business partners recruitment strategies Management of on-boarding processes and business partners Maintain knowledge of product, criteria and system developments and accurately deliver this knowledge to the relevant market Facilitate the effective ongoing relationship management with all business partners by conducting quarterly reviews and appraisal with key business partners Represent ERGO Singapore at intermediary meetings, roadshows, industry events, networking events, with a view to recruit new sales partners etc. Build and share knowledge internally and externally around trends and developments in the insurance marketplace (e.g. regulation, best practice, product developments) Forge strong partnerships with business partners through: Engagement & training work processes enhancements with quality product solution deliveries (online portal) in line with the Company’s overall profitable business growth strategies. Training Management: To develop a training roadmap to ensure compliance to licensing regulations (primary focus on agency) and alignment to sales strategies To develop a training program, both off or online business procurement processes To conduct trainings to promote ERGO's products and capabilities To conduct new business partners orientation programs in terms of ERGO’s risk appetite/business online portals etc Design and deliver structured meetings, presentations and comprehensive training material Project Management To participate and lead projects that have impact on Distribution To take the lead in any assignments to the Department or given by Department Head. Others To oversee and extend support to team members in Distribution Operations and Support under Distribution Management in Campaign and Project Management, Portfolio Analysis and Segmentation and Compensation and Benefits, Recruitment Regulatory and Licensing, Events and Training Management and Communication
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