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Great Eastern

Vice President, High Net Worth Business Development (Partnerships)

10-12 Years
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Job Description

About the Job

Responsible for driving business growth in the High Net Worth (HNW) partnership segment, enhancing profitability, and ensuring customer satisfaction within the High-Net-Worth Department. This role focuses on achieving sales targets, building strategic partnerships, and expanding the company's market presence both regionally and in Singapore. The position works closely with the Head of HNW Distribution Partnerships and the executive team to develop and execute strategies aligned with the division's goals and objectives.

  • Develop and implement business development strategies to achieve sales targets.
  • Identify new business opportunities and market trends to expand the business base
  • Build and maintain strong relationships with key strategic partners.
  • Monitor and analyse market trends and competitor activities to identify growth opportunities.
  • Drive business growth in HNW segment products through stakeholder training and engagement.
  • Manage related administrative tasks and projects as assigned.

We are looking for people who

  • Bachelor's degree in business administration, Marketing, or a related field.
  • Minimum 10 years of proven success in business development within the HNW market.
  • Strong problem-solving skills with creativity and resourcefulness.
  • Excellent interpersonal, communication, and negotiation skills.
  • Demonstrated business acumen and ability to manage high-pressure situations.
  • Ability to work effectively in a fast-paced, dynamic environment.
  • High integrity, accountability, and a collaborative team attitude.
  • Proactive, adaptable, and open to embracing change.
  • Alignment with organisational core values and behaviours.

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.

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About Company

Job ID: 139178577

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