Business Development Manager

Posted Yesterday
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Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, MYS
In-Office
Senior level
Fintech • Insurance • Financial Services
The Role
Drive growth and revenue among high-net-worth customers through bank partners and international brokers. Build partner relationships, deliver product training, collaborate with internal teams, identify business opportunities, manage end-to-end life insurance sales, prepare proposals, handle applications and post-policy servicing, and monitor market trends.
Summary Generated by Built In

This position is accountable to drive Growth and Revenue in the HNW customer segments through our multi-channel distributors; such as Bank Partners and International Brokers. The role requires a blend of strategic thinking, relationship building and hands-on sales execution to meet department targets and revenue.  

Position Responsibilities:

  • Establish effective work relationships with Bank and Broker Partners as well as Internal Stakeholder teams to deliver an overall unsurpassed customer experience and to meet monthly Targets and Revenue. 

  • Ensure continuous quality of business by providing on-going product knowledge and skills training to external partners to build better confidence and sentiment. 

  • On-going review and collaboration with internal marketing, product, and operations teams to align business goals, customer needs and improvements. 

  • Take the lead to Identify and develop new business opportunities through Bank Partner networking for Customer Referrals and collaboration to understand customer needs and offer tailored solutions that align with our product or service offerings.

  • End-to-end insurance sales service including customer needs identification, solution recommendations, preparation and delivery of effective sales presentations and proposals, application processes and post policy servicing. 

  • To stay up-to-date on industry trends, competitors, and market conditions for constant competitiveness. 

Required Qualifications:

  • A recognized tertiary qualification.

  • Minimum of seven (7) years proven and progressive financial services sales experience. 

  • Solid experience in the sales of life insurance, preferably in Bancassurance.

  • Relationship management experience with High Net Worth clients.

  • Extensive wealth management and insurance product knowledge and capabilities.

  • Evidence of strong sales results in insurance products. 

  • Strong communication, customer focus and influencing skills.

  • Certified Financial Planner (1-Foundations in Financial Planning, 2 - Risk Management and Insurance Planning); or

  • Chartered Insurance Institute (CII) MLIA (Dip) i.e. FPC 1 - 3; or

  • MII: The Malaysian Insurance Institute (Part A, B, C and CEILLI) and be Malaysian Insurance Institute Members & Chartered Insurance Institute Members. 

When you join our team:

  • We’ll empower you to learn and grow the career you want.

  • We’ll recognize and support you in a flexible environment where well-being and inclusion are more than just words.

  • As part of our global team, we’ll support you in shaping the future you want to see.

About Manulife and John Hancock

Manulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. To learn more about us, visit https://www.manulife.com/en/about/our-story.html.

Manulife is an Equal Opportunity Employer

At Manulife/John Hancock, we embrace our diversity. We strive to attract, develop and retain a workforce that is as diverse as the customers we serve and to foster an inclusive work environment that embraces the strength of cultures and individuals. We are committed to fair recruitment, retention, advancement and compensation, and we administer all of our practices and programs without discrimination on the basis of race, ancestry, place of origin, colour, ethnic origin, citizenship, religion or religious beliefs, creed, sex (including pregnancy and pregnancy-related conditions), sexual orientation, genetic characteristics, veteran status, gender identity, gender expression, age, marital status, family status, disability, or any other ground protected by applicable law.

It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Manulife/John Hancock policies. To request a reasonable accommodation in the application process, contact [email protected].

Working Arrangement

Hybrid

Skills Required

  • Recognized tertiary qualification
  • Minimum of seven (7) years proven and progressive financial services sales experience
  • Solid experience in the sales of life insurance
  • Experience in Bancassurance
  • Relationship management experience with High Net Worth clients
  • Extensive wealth management and insurance product knowledge and capabilities
  • Evidence of strong sales results in insurance products
  • Strong communication, customer focus and influencing skills
  • Certified Financial Planner (Foundations in Financial Planning; Risk Management and Insurance Planning)
  • Chartered Insurance Institute (CII) MLIA (Dip) or FPC 1 - 3
  • Malaysian Insurance Institute (Part A, B, C and CEILLI) and membership of MII & CII

Manulife Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Manulife and has not been reviewed or approved by Manulife.

  • Healthcare Strength Healthcare coverage is portrayed as comprehensive, spanning medical, dental, prescription drugs, vision, critical illness, and short- and long-term disability. Mental-health support is emphasized via EAP-style services and high annual coverage limits in some regions, alongside wellness programs and navigation tools.
  • Retirement Support Retirement offerings are positioned as a meaningful part of total rewards, including group RRSP/defined contribution pension options and employer matching in some cases. Ownership-related programs such as share purchase/stock options are also described as available for eligible employees.
  • Flexible Benefits Benefits are described as robust and flexible, with customizable packages and spending-account style options in some plans. Digital tools (mobile app/claims) and reward-linked wellness programs are framed as making benefits easier to use and more engaging.

Manulife Insights

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The Company
HQ: Toronto, Ontario
32,427 Employees
Year Founded: 1887

What We Do

Manulife is a leading international financial services group that helps people make their decisions easier and lives better. With our global headquarters in Toronto, we operate as Manulife across our offices in Canada, Asia, and Europe, and primarily as John Hancock in the United States. We have more than 40,000 employees, over 116,000 agents serving ~34 million customers worldwide, and over $1.3 trillion in assets under management and administration. Visit www.Manulife.com to find out more. For Manulife terms of use, please visit http://bit.ly/SM_Terms

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