Business Development Manager

Posted 23 Days Ago
Be an Early Applicant
Hà Nội, VNM
In-Office
Junior
Financial Services
The Role
Manage bancassurance sales performance across assigned bank partners by planning and executing sales and training activities, achieving APE, recruitment, and active-ratio targets, supervising sales teams, and ensuring compliance. Build relationships with bank partners and internal departments, address agent queries, and train and develop agency staff. Requires strong communication, negotiation, planning, analytical, sales management, insurance, and marketing skills, with willingness to travel and work overtime.
Summary Generated by Built In

Prudential’s purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured, for our people, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and we support our people’s career ambitions. We pledge to make Prudential a place where you can Connect, Grow, and Succeed.

Prudential Vietnam is a market leader in Vietnam Insurance Industry with estimated market share of 33%. The organization has approximately 1,300 employees, 230 office locations and 115,000 agents. The competition is fierce among international and local well established companies such as Prudential, AIA, Manulife, Dai- Ichi Life and Bao Viet.
Bancassurance is an emerging distribution channel in Vietnam with a great potential for growth. Prudential is keen on developing this channel to become a substantial part of our business This position yields to high performance on APE growth, active ratio and turnover by recruiting, training and managing Banca Staff under assigned Bank Partner

Accountability:

Meet all the KPI’s set for the roles of a relationship manager. Relationships and communication: Build & maintain strong relationships both within and outside the department; seek input from and maintain effective ongoing communication with others: Given the nature of this job, the incumbent will play as the representative of company in front of the agency force, she/he therefore must:

  • Be respectful & trustworthy
  • Be always caring and sympathetic
  • Be able to handle agent’ queries effectively

Demonstrate a courtesy and professional appearance and manner

Key Responsibilities:

  • Planning: Collaborate with RM/TL/EFSC/SFSC/FSC in planning sales & training activities including OB, BOP, GP, Meeting, Event …in the assigned Bank Partners on monthly basis.
  • Execution: Deploy the planned sales & training activities in the assigned Bank Partners to achieve projected sales targets including APE, Recruitment & Active ratio.
  • Supervision & Management: Supervise & manage sales performance in the assigned Bank Partners and sales team in terms of APE, recruitment, active ratio & compliance,
  • Training & Development: Train & develop the agency force including: RM/TL and sales team in accordance with the career path in the assigned Bank Partners. 
  • Internal & external relationships: Maintain solid & effective collaboration STD/DOS/OP/NBUW/COMPLIANCE and Bank Partners.
  • Others: assigned by Head of Bancassurance from time to time

Job Requirements:

Qualification:

Mandatory: Bachelor or higher Degree preferably in Economics, Business Administration, Marketing, Insurance

Experiences:

      Mandatory: At least 2 year experience working as sales supervisor preferably in insurance, FCMG or foreign-invested financial companies

      Advantage: Additional management training experience

Knowledge and skill set:

      Mandatory:

  • Excellent presentation, communication, and interpersonal skills
  • Competent in interpersonal / communication / negotiation/ motivation skills
  • Competent in analytical and problem solving skill
  • Competent in planning, organizing skills
  • Good at Insurance industry knowledge
  • Good at Sales Management & marketing principles

     Advantage:

  • Life insurance knowledge
  • Excellent English/ VNs written and speaking skills;
  • Having vast personal networking
  • Familiar with PC literate, Excel, Word, and Power Point

Job’s attributes:

  • Mature, confident, sociable
  • Customer service-oriented
  • Self-starter, motivated and independent
  • Willing to work overtime & travel

 

Prudential is an equal opportunity employer. We provide equality of opportunity of benefits for all who apply and who perform work for our organisation irrespective of sex, race, age, ethnic origin, educational, social and cultural background, marital status, pregnancy and maternity, religion or belief, disability or part-time / fixed-term work, or any other status protected by applicable law. We encourage the same standards from our recruitment and third-party suppliers taking into account the context of grade, job and location. We also allow for reasonable adjustments to support people with individual physical or mental health requirements.

Skills Required

  • Bachelor’s degree or higher, preferably in Economics, Business Administration, Marketing, or Insurance
  • At least 2 years of experience as a sales supervisor
  • Excellent presentation, communication, and interpersonal skills
  • Negotiation, motivation, planning, organizing, analytical, and problem-solving skills
  • Insurance industry knowledge
  • Sales management and marketing principles knowledge
  • Life insurance knowledge
  • Excellent English and Vietnamese written and spoken skills
  • Additional management training experience
  • Personal networking experience
  • Proficiency with Excel, Word, and PowerPoint
  • Willingness to work overtime and travel
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The Company
HQ: London
52,292 Employees

What We Do

In Asia and Africa, Prudential has been providing familiar, trusted financial security to people for 100 years. Today, headquartered in Hong Kong and London, we are ranked top three in 12 Asian markets with 18 million customers, around 68,000 average monthly active agents and access to over 27,000 bank branches in the region. Prudential is focused on opportunities in the most exciting growth markets in Asia and Africa. With access to over 4 billion people in both these regions, we are investing in broadening our presence and building our leadership in the life and asset management markets. We are committed to making a positive impact on our customers, our employees and our communities by delivering the best savings, health and protection solutions to people so they can get the most out of life. Visit our websites for more information Prudential plc: https://www.prudentialplc.com/ Prudence Foundation: https://www.prudentialplc.com/en/prudence-foundation

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