Assistant Manager, Business Development (GEGM Bancaassurance)

About the Job

About the Job
To execute strategies that have been laid out and develop new business strategies to achieve company's objectives in obtaining more business from OCBC and its clients.

• Established initiatives to meet sales strategies
• To ensure business retention.
• To develop new business strategies, i.e. Canvass for new business leads and secure them through OCBC and its clients.
• To conduct a risk underwriting survey.
• To conduct sales and business activities to OCBC and its Clients.
• To monitor credit control on portfolios in care including batching payment to the Customer Service counter / HQ support team for receipting.
• To gather market intelligence for management planning and decision making.
• To ensure the overall policy, procedures and regulatory requirements under PIAM and BNM, including AML/CFT/PDPA are adhered to and complied.
• To prepare Submission Request Slips & eRite / EWMS for policy endorsement batching, including checking for completeness of required information.
• To accept and underwrite risk as per authorized underwriting limit.
• To develop new marketing approach and tools.
• To attend technical course annually to sharpen skills.
• Takes accountability in considering business and regulatory compliance risks and takes 
appropriate steps to mitigate the risks.
• Maintains awareness of industry trends on regulatory compliance, emerging threats and technologies to understand the risk and better safeguard the company.
• Highlights any potential concerns /risks and proactively shares best risk management practices.

We are looking for people who

• Educational Qualification: Minimum requirement of a diploma, degree, or tertiary qualification in any field. Professional certifications such as CMII, DMII, or AII are also acceptable.
• Experience & Skills: At least 2-4 years’ experience in general insurance, particularly in sales and marketing. Strong communication and writing skills, proficiency in IT applications, and familiarity with PAS systems are essential.
• Professional Competencies: Solid understanding of job functions and their application, business and organizational dynamics, IT systems, relevant acts and regulations, and risk management principles. Demonstrated expertise in marketing, underwriting, negotiation, relationship management, customer service, and strategic planning. Proven ability to take initiative, think creatively, manage responsibilities effectively, organize work efficiently, collaborate in teams, and perform under pressure or in crisis situations. Strong interpersonal skills are a must.
• Personal Attributes: High level of integrity, accountability, and a positive attitude towards teamwork.
• Adaptability & Initiative: Proactive in identifying opportunities for improvement and open to embracing change.

• Champion and embody our Core Values in everyday tasks and interactions.
• Demonstrate high level of integrity and accountability.
• Take initiative to drive improvements and embrace change.
• Take accountability of business and regulatory compliance risks, implementing measures to mitigate them effectively.
• Keep abreast with industry trends, regulatory compliance, and emerging threats and technologies to understand and highlight potential concerns/ risks to safeguard our company proactively.

Founded in 1908, Great Eastern is 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, including 12.5 million from government schemes, it provides insurance solutions to customers through three successful distribution channels – a tied agency force, bancassurance, and financial advisory firm Great Eastern Financial Advisers. The Group also operates in Indonesia and Brunei. The Great Eastern Life Assurance Company Limited and Great Eastern General Insurance Limited have been assigned the financial strength and counterparty credit ratings of "AA-" by S&P Global Ratings since 2010, one of the highest among Asian life insurance companies. Great Eastern's asset management subsidiary, Lion Global Investors Limited, is one of the leading asset management companies in Southeast Asia. Great Eastern is a subsidiary of OCBC, the longest established Singapore bank, formed in 1932. It is the second largest financial services group in Southeast Asia by assets and one of the world’s most highly-rated banks, with an Aa1 rating from Moody’s and AA- by both Fitch and S&P. Recognised for its financial strength and stability, OCBC is consistently ranked among the World’s Top 50 Safest Banks by Global Finance and has been named Best Managed Bank in Singapore by The Asian Banker.

Great Eastern does not accept unsolicited agency resumes. Please do not forward resumes to our email or our employees. We will not be responsible for any fees related to unsolicited resumes.