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Cigna

Business Development Manager

Posted 7 Days Ago
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Singapore
Senior level
Singapore
Senior level
Responsible for developing strategies to enhance sales performance, building relationships with partners, and conducting market analysis to identify business opportunities.
The summary above was generated by AI

Critical Tasks and Expected Contributions/Results:

  • Develop proactive strategy, with regular reviews on sales performance, maximizing specific opportunities as they arise

  • Build and strengthen relationships with key intermediaries & strategic partners to grow the distribution of individual medical plans.

  • Develop business plans with partners and regularly review performance against targets

  • Responsible for achieving assigned sales goals

  • Prepare sales reports, activities, forecasts and pipeline updates for management review

  • Research and develop new business opportunities within assigned geographic areas/industry categories/market segments

  • Generate and follow up new business leads to meet sales and profitability targets in line with overall strategy

  • Conduct market analysis to identify trends, customer needs, and competitive positioning

  • Prepare sales focused trainings and presentations for our intermediaries, emphasizing the USP of the Cigna product vs the competition

  • Collaborate with marketing, product, and operations teams to develop tailored campaigns and support materials to drive partner sales performance

  • Prioritise and approach prospects/intermediaries directly for business opportunities by acting as an adviser to client on all aspects of their international medical insurance requirements

  • Coordinate case implementations to ensure seamless inception processes

  • Liaise with internal departments, e.g. underwriting, claims teams, marketing, in line with established procedures to ensure optimum service to client

  • Participate in specific projects, e.g. review of service standards, development of product and pricing strategy as well as product literature

  • Accurate data base management of prospects/potential customer and opportunities by means of CRM software (SFDC)

Experience/Knowledge, Education and Other Requirements:

  • Minimum 5 years’ experience in healthcare provision at sales-related level with a focus not only on growth but also on profitability

  • Strong knowledge of the complete line of products/services, clients’ issues and needs.

  • Strong networking skills and ability to confidently host clients at events

  • Proven track record of acquiring and managing affluent clients or strategic partnerships

  • Ability to drive results through thinking strategically and executing a strategy across multiple geographic regions

  • Ability to work independently to achieve ambitious new business targets.

  • Ability to foster collaboration, value other perspectives and gain support and buy-in for organizational proposals

  • Ability to work effectively with multi-discipline, multi-cultural teams

  • Technical/Functional expertise: Project Management, Analytical, Financial skills and Product Knowledge

Personal Competencies Required:

  • High level Sales/Negotiation, Presentation

  • Self-motivation, Sense of Urgency

  • Sales oriented

  • Effective goal setting, Results Driven

  • Problem Solving, Business Acumen

  • Self-starter with the ability to demonstrate independent judgement and discretion

  • Strong interpersonal communication skills (written and verbal)

  • Strong Financial Acumen, Analytical and Negotiation skills

  • Regulatory awareness

  • Influencing skills

  • Inter-cultural orientation

  • Microsoft applications – word, outlook, excel

About The Cigna Group

Cigna Healthcare, a division of The Cigna Group, is an advocate for better health through every stage of life. We guide our customers through the health care system, empowering them with the information and insight they need to make the best choices for improving their health and vitality. Join us in driving growth and improving lives.

Top Skills

Crm Software Sfdc
Microsoft Applications

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