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Prudential plc

Business Development Manager (High Net Worth)

Posted 8 Days Ago
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Singapore
Senior level
Singapore
Senior level
As a Business Development Manager, you will lead HNW distribution activities, managing relationships with brokers and internal stakeholders to drive growth and profitability.
The summary above was generated by AI

Prudential’s purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured, for our people, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and we support our people’s career ambitions. We pledge to make Prudential a place where you can Connect, Grow, and Succeed.

Job Profile Summary:

We are seeking for experienced HNW Distribution Business Development Manager to join us. As HNW Business Development Manager, you will be managing the international broker channel working with different partners and be responsible for business development activities to drive growth and profitability. You will be the central point of contact for case management and be the bridge between both partners and internal stakeholders.

Job Description:

  • Drive business development opportunities and activities with assigned distribution partners in international brokers.

  • Provide HNW market feedback and improvements, including product features and benefits and competitor analysis,

  • Be responsible for all preliminary submissions and underwriting appeals.

  • Work closely with the Operations team (High Net Worth NB & POS) for partner queries and timely follow-ups.

  • Proactively raise identified process improvements required and assist internal alignment.

  • Manage relationships with the key stakeholder teams (including Ops, Product, Finance & Actuarial) to facilitate excellent customer experience & drive sales conversion.

  • Engage Consultants regularly to effectively assist with case management & drive sales conversion numbers

  • Work with partners & internal key stakeholder teams to build strong working relationships through activities such training and engagements

Who we are looking for:

Competencies & Personal Traits:

  • Demonstrate strong relationships and cultivate new relationships with intermediaries

  • Independent and pro-active individual with a strong sense of responsibility

  • Ability to manage relationships with internal and external stakeholders

Working Experience:

  • At least 5-8 years of relevant experience managing distribution partners in financial services (insurer, bank, broker)

  • Demonstrate sound knowledge of the HNW segment and life insurance products

  • Good familiarity with the International Business market

Education:

  • Degree in Business or related fields of study

Language:

  • English

 

Prudential is an equal opportunity employer. We provide equality of opportunity of benefits for all who apply and who perform work for our organisation irrespective of sex, race, age, ethnic origin, educational, social and cultural background, marital status, pregnancy and maternity, religion or belief, disability or part-time / fixed-term work, or any other status protected by applicable law. We encourage the same standards from our recruitment and third-party suppliers taking into account the context of grade, job and location. We also allow for reasonable adjustments to support people with individual physical or mental health requirements.

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