Business Development Manager (IPMI) in London

Business Development Manager (IPMI) in London

London Full-Time 50000 - 65000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Drive new business in International Private Medical Insurance and build strong client relationships.
  • Company: Join AIA, a leader in creating healthier futures for communities.
  • Benefits: Competitive salary, professional development, and opportunities to make a positive impact.
  • Other info: Dynamic role with opportunities for travel and career growth.
  • Why this job: Be part of a movement that helps a billion people live Healthier, Longer, Better Lives.
  • Qualifications: 3-5 years in IPMI or Employee Benefits with strong sales skills.

The predicted salary is between 50000 - 65000 £ per year.

At AIA we’ve started an exciting movement to create a healthier, more sustainable future for everyone. It’s about finding new ways to not only better people's lives, but to better the communities and environments we live in. Encompassing our ambition of helping a billion people live Healthier, Longer, Better Lives by 2030. As part of our marketing, distribution & partnership team, you’ll play a vital part in advancing this movement.

About the Role

We are looking for someone who will be part of the Sales & Marketing division of AIA Corporate Solutions (CS) and will be focusing on International Corporate Business (ICB), particularly International Private Medical Insurance (IPMI). This candidate would be mainly responsible for the development of IPMI new business across all distribution channels (i.e., AIA Tied Distribution, Broker and Direct), with product development responsibility as well.

WHAT YOU'LL BE DOING

  • Ability to achieve IPMI new business sales targets and other key performance indicators as prescribed by the company.
  • Establish and maintain a strong business relationship with key intermediaries/direct corporate clients with IPMI potential across all distribution channels.
  • Pro-actively set appointments and business meetings with key intermediaries and direct corporate clients to build new business pipeline for IPMI.
  • Regularly organise, participate, and provide support to external networking events/conferences/seminars (onsite or online) to generate potential corporate leads for IPMI.
  • Provide timely and accurate prospect information and sales activity data for management reporting and sales forecasting.
  • Provide timely new business sales proposals/quotations to intermediaries/direct corporate clients in accordance with guidelines on business acceptance, risk management and underwriting profitability.
  • Ensure timely and accurate submission of new business employee data, including placement documentation for billing, and liaise with internal operation team to resolve servicing and operational matters.
  • Ensure that premium collections are promptly received.
  • Ability to pitch and deliver corporate sales presentations to direct corporate clients or via joint field work with intermediaries.
  • Responsible for keeping IPMI product and marketing collaterals up to date.
  • Participate in scheduled sales training and other professional development courses to enhance sales skills.
  • Undertake any other projects assigned from time to time such as products/services enhancements and market analysis.

This position will be mainly based at the AIA Tower, but the role would require the candidate to work from other AIA offices based in Alexandra and Tampines from time to time.

WHAT WE ARE LOOKING FOR

  • Bachelor’s Degree with related field of study preferred; years of equivalent working experience considered.
  • At least 3 - 5 years of experience in IPMI (Group Health Insurance) or Employee Benefits space with demonstrated sales/BD track record.
  • Effective problem solving, presentation, influencing and negotiation skills.
  • Strong competency in Microsoft Office Suite (Word, Outlook, Excel, and PowerPoint).
  • Strong verbal and interpersonal communication skills combined with a results-oriented, positive, can-do attitude.
  • Good knowledge of the IPMI market with technical proficiency in IPMI Employee Benefits.
  • Broad understanding of compliance issues related to local legislation and industry trends.
  • Proficiency in English language.
  • Ability to travel within Singapore or overseas arising from a business need.

Business Development Manager (IPMI) in London employer: Consortium for Clinical Research and Innovation Singapore

At AIA, we are committed to fostering a vibrant work culture that prioritises employee well-being and professional growth. As a Business Development Manager focusing on International Private Medical Insurance, you will be part of a dynamic team dedicated to making a positive impact in the community while enjoying comprehensive benefits, ongoing training opportunities, and a collaborative environment at our modern AIA Tower location. Join us in our mission to help a billion people live Healthier, Longer, Better Lives by 2030.
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Contact Detail:

Consortium for Clinical Research and Innovation Singapore Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Business Development Manager (IPMI) in London

✨Tip Number 1

Network like a pro! Attend industry events, seminars, and conferences to meet potential clients and partners. Remember, it’s all about building those meaningful connections that can lead to new business opportunities.

✨Tip Number 2

Be proactive in reaching out! Set up appointments with key intermediaries and corporate clients. The more you engage, the better your chances of hitting those sales targets and making a positive impact.

✨Tip Number 3

Keep your pitch sharp! Practice delivering compelling presentations that highlight the benefits of IPMI. Tailor your message to resonate with your audience, whether they’re corporate clients or intermediaries.

✨Tip Number 4

Stay organised and informed! Regularly update your marketing materials and product knowledge. This will not only help you in client meetings but also ensure you’re always ready to provide accurate information and proposals.

We think you need these skills to ace Business Development Manager (IPMI) in London

Sales Target Achievement
Business Relationship Management
Networking Skills
Sales Activity Reporting
Proposal Development
Presentation Skills
Negotiation Skills
Microsoft Office Suite
Interpersonal Communication
IPMI Market Knowledge
Compliance Understanding
Problem-Solving Skills
Project Management
Adaptability

Some tips for your application 🫡

Show Your Passion: When you're writing your application, let your enthusiasm for the role shine through! We want to see how much you care about making a positive impact and helping people live healthier lives. Share your personal connection to our mission!

Tailor Your CV: Make sure your CV is tailored specifically for the Business Development Manager role. Highlight your experience in IPMI and any relevant sales achievements. We love seeing how your background aligns with what we’re looking for!

Craft a Compelling Cover Letter: Your cover letter is your chance to tell us why you’re the perfect fit for this position. Be sure to mention specific examples of how you've built relationships and driven sales in the past. We want to know how you can contribute to our team!

Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it gives you a chance to explore more about our company and culture!

How to prepare for a job interview at Consortium for Clinical Research and Innovation Singapore

✨Know Your IPMI Inside Out

Make sure you brush up on your knowledge of International Private Medical Insurance (IPMI) and the current trends in the market. Be ready to discuss how your experience aligns with AIA's goals of creating healthier lives and communities.

✨Showcase Your Sales Skills

Prepare specific examples from your past experiences where you've successfully achieved sales targets or built strong relationships with clients. Highlight your problem-solving and negotiation skills, as these will be crucial for the role.

✨Engage with Purpose

During the interview, express your passion for making a positive impact. Discuss how you can inspire meaningful connections with customers and partners, and how you plan to contribute to AIA's mission of helping people live Healthier, Longer, Better Lives.

✨Be Ready for Role-Play

Expect to demonstrate your pitching skills through role-play scenarios. Practice delivering corporate sales presentations and handling objections, as this will showcase your ability to communicate effectively and engage with potential clients.

Business Development Manager (IPMI) in London
Consortium for Clinical Research and Innovation Singapore
Location: London

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