Job Information
The Cigna Group Business Development Manager (Team Lead) in Singapore, Singapore
Critical Tasks and Expected Contributions/Results:
Develop and drive proactive Group Sales strategy execution plan to maximise opportunities
Direct the development and recommendation of measurable production and profit objectives which can be achieved through both product lines, including budgeting, forecasting activities and analyses market and client analyses, etc.
Generate and follow up new business leads to meet sales and profitability targets in line with overall strategy
Ensure effective collaboration with internal business partners, e.g. Operations, Finance, Legal & Compliance, for best deployment of sales strategy and delivery of optimum service to clients
Keep abreast of all developments in the market for both clients and competitors
Raise Cigna’s profile and reputation externally and establish Cigna as a recognised authority in the market
Prepare regular reports for senior management to monitor sales effectiveness and performance against target and initiate corrective actions as appropriate
Provide direction, coaching and robust development plans for business development talents to drive results through change and grow succession in sales management
Key Challenges/Anticipated Changes in Environment:
Keep close to market trends and development, including competitors’ strategy, and proactively adjust the Sales strategy and execution as needed to maximize specific opportunities
Gain buy-in from stakeholders (internal and external) in the Sales strategy, connecting departments and efforts for strong collaboration in delivering the sales proposition
Add value in sales, strategy and product discussions to drive profitability and increase/deepen market share
Liaise with internal departments, e.g. underwriting, claims teams, marketing, in line with established procedures to ensure optimimum service to client
Developmental Value of Position:
Lead in the development of a robust and proactive Sales strategy that edges out competitors and maintain and further widen the gap in Cigna Singapore’s market leader position
Lead the research and development of new business opportunities and products
Contribute to the development/enhancement of Cigna products to meet users’ requirements
Liaise with other Cigna worldwide offices to develop opportunities; to drive cross sell activities
Experience/Knowledge, Education and Other Requirements:
Bachelor’s Degree level required
Relevant insurance certification : BCP, PGI and HI
Minimum 10 years’ healthcare industry experience
At least 5 years’ experience at a senior and/or sales management level with a focus on both growth and profitability
Experience in working with multiple stakeholders and distribution channels
Experience in developing strategic market, sales and/or business plans
An established network of contacts and relationships with key players/decision makers in the market is preferred
Personal Competencies Required:
Curious, proactive, self-motivated, results-driven
Ability to deal with ambiguity and able to adjust and adapt quickly
Strong in solutioning and think out of the box for creative solutions
Strong leadership skills with a proven track record of building effective teams and motivating others in achieving ambitious business targets
Ability to influence and build consensus at senior level and skilfully navigate the organization
Excellent analytical skills with the ability to research, prepare and deliver high quality presentations
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.
The Cigna Group
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