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The Cigna Group
Singapore, PA | Other | Full Time
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Business Development Manager (Individual Health Solutions)
The Cigna Group Singapore, PA
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$73k-95k (estimate)
Other | Full Time 1 Month Ago
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The Cigna Group is Hiring a Business Development Manager (Individual Health Solutions) Near Singapore, PA

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.

Job Summary

JOB TYPE

Other | Full Time

SALARY

$73k-95k (estimate)

POST DATE

04/13/2024

EXPIRATION DATE

06/11/2024

WEBSITE

cigna.com

HEADQUARTERS

CHASKA, MN

SIZE

>50,000

FOUNDED

1982

TYPE

Public

CEO

LARRY SHAFRANSKI

REVENUE

>$50B

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About The Cigna Group

Cigna offers health, dental, Medicare and supplemental insurance plans to consumers and employers.

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