Home Online Business Development Manager (Individual Health Solutions)

Home Online Business Development Manager (Individual Health Solutions)

Business Development Manager (Individual Health Solutions)

Full time at Cigna Health and Life Insurance Company in Online
Posted on April 29, 2024

Job details

Business Development Manager (Individual Health Solutions) page is loaded

Business Development Manager (Individual Health Solutions)

Apply remote type Hybrid locations Singapore time type Full time posted on Posted 14 Days Ago job requisition id 24003010 Job Purpose: Develop and implement sales strategies for targeted key accounts in Singapore. Very knowledgeable of complete line of products/services and clients’ issues and needs. Primarily focused on seeking out new clients. Reports to: Head of Sales Critical Tasks and Expected Contributions/Results:
  • Develop proactive strategy, with regular reviews, maximizing specific opportunities as they arise
  • Responsible for meeting assigned sales goals
  • 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
  • Prepare focused, client-specific presentations for new business emphasizing the USP of the Cigna product v the competition
  • Build and maintain harmonious business relationship with benefits intermediaries to penetrate on individual client segments
  • Prioritise and approach prospects 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
  • Participate in specific projects, e.g. review of service standards, development of product and pricing strategy as well as product literature
  • Exercises judgment in the evaluation, selection, and adaptation of both standard and complex techniques and procedures.
  • Report to Head of Business Development on sales business achieved etc in line with agreed format
  • Accurate data base management of prospects/potential customer and opportunities by means of CRM software (SFDC)
Key Challenges/Anticipated Changes in Environment:
  • Develop proactive strategy, with regular reviews, maximizing specific opportunities as they arise
  • Ability to foster collaboration, value others perspectives and gain support and buy-in for organizational proposals
  • Liaise with internal departments, e.g. underwriting, claims teams, marketing, in line with established procedures to ensure optimum service to client
Developmental Value of Position:
  • Ability to work independently to achieve ambitious new business targets.
  • Lead the research and development of new business opportunities and products in local are.
  • Liaise with other Cigna worldwide offices to develop opportunities; to drive cross sell activities
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
  • Technical/Functional expertise: Project Management, Analytical, Financial skills and Product Knowledge
  • Ability to drive results through thinking strategically and executing a strategy across multiple geographic regions
  • Ability to foster collaboration, value others perspectives and gain support and buy-in for organizational proposals
  • Ability to work effectively with multi-discipline, multi-cultural teams
  • Supports and provides direction to more junior professionals.
Personal Competencies Required:
  • High level Sales/Negotiation, Presentation
  • Self-motivation, Sense of Urgency
  • 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.

About The Cigna Group

Doing something meaningful starts with a simple decision, a commitment to changing lives. At The Cigna Group, we’re dedicated to improving the health and vitality of those we serve. Through our divisions Cigna Healthcare and Evernorth Health Services, we are committed to enhancing the lives of our clients, customers and patients. Join us in driving growth and improving lives. #J-18808-Ljbffr

Apply safely

To stay safe in your job search, information on common scams and to get free expert advice, we recommend that you visit SAFERjobs, a non-profit, joint industry and law enforcement organization working to combat job scams.

Share this job
Improve your chance to get this job. Do an online course on Sales and Negotiation starting now. Claim $10 promo towards online courses. See all courses
See All Business Jobs
Feedback Feedback