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Great Eastern Sun

Business Development Lead, Agency (Group Insurance)

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Job Description

About the Job

To lead the growth and retention of Employee Benefits, GEC, and MRTA business through Agency and OCBC channels by driving distribution strategy, governance, and stakeholder collaboration to achieve sustainable commercial outcomes.

  • Drive growth of Employee Benefits (EB) and GEC business through the Agency Channel.
  • Conduct training to enhance competency of new and existing agents on EB products and processes.
  • Support agents on enquiries, case referrals, and joint sales activities.
  • Prepare quotations and assess quotations submitted by Business Development Executives (BDEs).
  • Recruit, onboard, and support new agents to actively sell Employee Benefits schemes.
  • Assist in organizing and supporting agency-related events and engagement activities.
  • Manage and retain renewal portfolio for existing Employee Benefits business.
  • Assess Renewal Notices and prepare re-quotations for benefit upgrades or downgrades.
  • Prepare and present Claim Utilization Reports (CUR) to support renewal discussions.
  • Coordinate renewal confirmation with agents, clients, and Sales Support teams.
  • Support growth of Employee Benefits business via OCBC channel for SME segment.
  • Manage and support MRTA business sourced through OCBC channel in collaboration with SAL Department.
  • Ensure compliance with Credit Control Procedures (CCP).

We are looking for people who

  • Bachelor's degree in Business, Finance, Insurance, or a related discipline.
  • Minimum 10 years of experience in life insurance, group insurance, or employee benefits with exposure to agency channels.
  • Proven track record in driving business growth, portfolio retention, and distribution performance at a senior leadership level.
  • Strong knowledge of Employee Benefits, Group Employee Coverage (GEC), and mortgagerelated insurance products such as MRTA.
  • Experience in managing senior stakeholders including agency leaders, bank partners, and internal teams.
  • Good understanding of insurance regulatory, compliance, and credit control requirements.
  • Strong strategic thinking, leadership, communication, and stakeholder management skills.

How you succeed

  • 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. Ver 1.0
  • 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.

Who we are

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.

To all recruitment agencies: 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

Location: Menara Great Eastern

Employment Type: Permanent

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About Company

Job ID: 145207155

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