Head of Business Development & RO, Insurance Broker
Michael Page
Hong Kong
Full time
Permanent
On-site
Competitive
About the job
- Head of Business Development and RO
- Insurance Broker
This is an exciting opportunity for a Head of Business Development and Responsible Officer to drive growth and build partnerships in the insurance brokerage sector. This role will be a responsible officer and leading the team.
Job Description
- Collaborate closely with internal teams across compliance, finance, and operations to design and optimise the brokerage's operating structure.
- Act as the key point of contact between the Company and external stakeholders, including insurers, regulators, and strategic partners.
- Lead and facilitate stakeholder discussions to negotiate commercial terms, resolve issues, and build long-term, mutually beneficial partnerships.
- Source, assess, and onboard insurance carrier partners that align with the brokerage's strategic objectives and client requirements.
- Lead commercial negotiations with insurers to secure competitive terms that support both business performance and client value.
- Manage the rollout and integration of new insurance products to ensure a broad, compelling, and competitive product offering.
- Establish operational best practices and drive continuous improvement initiatives to enhance efficiency, effectiveness, and service standards.
- Ensure full compliance with all relevant regulatory, legal, and ethical requirements governing brokerage activities.
- Track regulatory developments and market trends, proactively adjusting business strategies and operational frameworks where needed.
- Identify and pursue new revenue opportunities while contributing to the development and execution of strategic sales and growth plans.
- Build and nurture strong relationships with existing clients while actively expanding the client base to support sustainable, profitable growth.
- Partner with internal teams and external stakeholders to deliver business initiatives aligned with agreed growth and profitability targets.
A successful Business Development Senior Manager should have:
- A strong background in the insurance industry.
- Proven expertise in business development and relationship management.
- Native English is a must
- Excellent communication and negotiation skills.
- A results-driven approach with a focus on achieving growth targets.
- Knowledge of health insurance products and market trends.
- Strong organizational and analytical skills to develop effective strategies.
- Opportunities for professional growth within the insurance industry.
- Comprehensive benefits package to support your well-being.