Business Development Manager (Partnership Distribution) Job Vacancy in Singapore Life Ltd. Singapore – Updated today

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Full Details :
Company Name : Singapore Life Ltd.
Location : Singapore
Position :

Job Description : 4 Shenton Way, SGX Center 2 , Singapore, Singapore, Singapore

Department
Business & Account Management
Job posted on
Jan 11, 2022
Employment type
Permanent – Full Time
Experience range
5 years – 10 years
Singlife with Aviva is a leading homegrown financial services company, offering consumers a better way to financial freedom. Through innovative, technology-enabled solutions and a wide range of products and services, Singlife with Aviva provides consumers control over their financial wellbeing at every stage of their lives.In addition to a comprehensive suite of insurance plans, employee benefits, partnerships with Financial Advisor channels and bancassurance, Singlife with Aviva offers investment solutions through its dollarDEX and Navigator platforms.

The mobile-first Singlife Account – with a Singlife Debit Card – allows customers to save, spend, earn and be insured all in one app. Singlife with Aviva was formed by the merger of Aviva Singapore and Singlife. First announced in September 2020 and valued at S$3.2 billion, it was the largest insurance deal in Singapore at the time and created one of the largest homegrown financial services companies in the republic.
This role is part of the Business Development under Partnership Distribution department. As a Business Development Manager you will be working within a team responsible for the account management of allocated partnerships to establish and sustain good working relationships for the long-term growth of the business

Personal accountability for the business plan of the respective partner & / or specific projects of the function.
This role will also work closely with the team to deliver on the strategic direction to achieve sales target and business objective as well as to ensure all sales and operational processes are compliant with the regulatory & compliance requirements
This role shall work closely with the Senior Business Development Manager and the team to implement the strategic direction of the partnerships under their care and shall ensure that the achievement of their targets and business plan is in congruence with the department’s overall objective.
Where appropriate, takes a lead role with stakeholders at a working level to discuss sales management approaches for target clients.
Responsible for promoting an environment where a risk management culture can flourish.
From time to time, you will be assigned the lead role in the development of sales ideas for the Partnership Distribution team, including the training of the team.
Where necessary, the role holder shall engage and collaborate with other internal Aviva departments to up the level of operational service standards and for the delivery of business plans.
Create and maintain a risk management environment that ensures risks taken by the function are identified, assessed and frequently monitored, managed and reported against.
Ensure that potential control gaps, failures or breaches that could or have already resulted in a regulatory breach are escalated in accordance with issued guidelines.
The primary performance measures are based on APE targets, Value of New Business (VNB), performance objectives and other desired KPIs.

Experience and capabilities
Preferred Degree in Business/Finance/ Accountancy
At least 5 years of experience in the financial services industry, of which 3 years are in insurance sales or a sales management role.
Some knowledge of the Life insurance industry with knowledge in Life Health and ILPs products.
Preferred experience in B-to-B business, account management and relationships.
Working knowledge of regulatory requirements in relation to insurance products.
Self-motivated with the ability to identify key issues and recommend practical solution.
Good communication and interpersonal skills.
Highly adaptable to changes
If you have what it takes, please do not hesitate to click apply!

This post is listed Under  App Development
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