Job Purpose
To drive the growth and development of the general insurance business by leveraging Business Banking channels. This role focuses on delivering tailored protection solutions for SME clients through strategic partnerships, marketing initiatives, and effective campaign execution.
The Job
- Relationship Management
- Develop and execute business plans in collaboration with Business Banking teams.
- Identify and explore cross-functional opportunities across business units and customer touchpoints.
- Build and maintain strong working relationships with stakeholders at various levels within the Bank.
- Manage and optimize partnerships with business units to secure long-term collaboration and business growth.
- Strategic Marketing
- Co-develop marketing strategies and campaigns with the Bank to achieve key performance indicators.
- Plan and implement product sequencing strategies aligned with the Bank's customer lifecycle
- Launch acquisition (cross-sell) and customer management (up-sell) campaigns in a timely and structured manner.
- Campaign Management
- Coordinate with internal and external stakeholders to ensure smooth execution of marketing campaigns.
- Drive acquisition, customer retention, and conservation activities within budgetary controls.
- Secure necessary approvals and clearances for campaign materials and initiatives.
- Participate in special projects and perform other duties as assigned.
- Underwriting
- Underwrite general insurance commercial line products within authorized limits.
- Provide quotations for new business and arrange facultative support when required.
- Ensure portfolio profitability and maintain desired loss ratios.
- Participate in underwriting-related projects and tasks as assigned.
- Performance Reporting
- Prepare and submit timely reports for all projects and campaign-related activities.
- Maintain accurate documentation to support reporting requirements and deadlines.
- 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 in order to understand the risk and better safeguard the company.
- Highlights any potential concerns /risks and proactively shares best risk management practices.
- 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 in order to understand the risk and better safeguard the company.
- Highlights any potential concerns /risks and proactively shares best risk management practices.
- Minimum Degree holder preferable with professional insurance qualification
- Minimum 5 years of relevant working experience
- Proficient in MS Office
- Good interpersonal and communication skills
- A good team player with the ability to multitask and work independently
- High level of integrity, takes accountability of work and good attitude over teamwork.
- Takes initiative to improve current state of things and adaptable to embrace new changes.
- High level of integrity, takes accountability of work and good attitude over teamwork.
- Takes initiative to improve current state of things and adaptable to embrace new changes.
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.
- 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.
Work Locations
SG-GE Centre
Job
General Insurance
