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Business Development Associate

PolicyPal Pte Ltd.
SGD3,000 - 4,500/Month
Business Development / Sales
Full-time
1 - 3 years of experience

Skills

Job description for Business Development Associate at PolicyPal Pte Ltd.

About PolicyPal
PolicyPal Tech Pte. Ltd. is one of the leading InsurTech companies in Singapore that believes in bringing tech and insurance together for families and communities to manage their insurance needs. PolicyPal Tech Pte. Ltd. (wholly owned by PolicyPal Pte. Ltd.) is a policy management platform that helps users easily keep track of all their insurance policies on a single app. Since 2016, it has helped over 100,000 users manage their policies.
Under PolicyPal Group, Baoxianbaobao Pte. Ltd. (also branded as ‘PolicyPalFA’,) is wholly owned by PolicyPal Pte. Ltd., is an insurance broker and exempt financial adviser licensed and regulated by the Monetary Authority of Singapore.
You will be: Come join us and be part of PolicyPal’s business development team to enable consumers to learn about personal finance and planning for their financial freedom. You will be responsible for developing and maintaining partnerships with business partners aligned to the company’s overall objectives and getting exposure to shape the overall business strategy. Here at PolicyPal, we strive to provide opportunities for our team to learn, grow and thrive.
Responsibilities:
● Prospecting & acquiring new businesses for commercial lines and general insurance.
● Achieving quarterly revenue targets through continuous account management and business development activities.
● Building up & managing client accounts through a customer contact strategy that includes regular virtual interaction (face to face depending on Covid regulations), creating multiple contact points in each corporate account, and personal relationship building with these contacts;
● Liaise with current partners and speak to new partners.
● Pitching and presenting the various insurers’ product offerings to new business opportunities and existing clients;
● Completing regular needs analyses, formulating proposals, detailing costing, and negotiating payment terms with organizations.
Requirements
● Certification in M5, M9, M9A, HI, BCP, PGI, CGI
● 1-2 years of business development or sales experience in the insurance or banking industry will be advantageous
● Ability to perform in a fast-paced and growth-charged environment
● Track record of consistently meeting and exceeding KPIs
● Excellent interpersonal, strong presentation and communication skills
● Comfortable with numbers and ability to use MS Excel
● Passionate about FinTech and InsurTech
About the company
PolicyPal Pte Ltd.
PolicyPal Pte Ltd.
11 - 50 employees
PolicyPal Tech Pte. Ltd., a leading insurtech company in Singapore which helps users to manage their insurance digitally, is wholly owned by PolicyPal Pte. Ltd.. Baoxianbaobao Pte. Ltd., an insurance broker and exempt financial adviser licensed and regulated by the Monetary Authority of Singapore, is also wholly owned by PolicyPal Pte. Ltd.. As the road to gaining financial literacy can be intimidating, we believe in helping Singaporeans attain relevant knowledge on financial planning through quizzes, gamification and offering in-app credits incentives that can be used to help them get covered. PolicyPal Tech Pte. Ltd. has also built a policy management platform that helps users easily keep track of all their insurance policies on a single app. Since 2016, it has helped over 100,000 users manage their policies.
Office address
JustCo, OCBC Centre East 63 Chulia Street, #15-01 Singapore 049514
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