Vice President, Business Development Primary Function:
- Lead, manage and direct marketing and sales efforts for non traditional business through understanding local regulatory, tax, solvency and insurance standards.
- Oversee all contract negotiations regarding non traditional opportunities, both new and proposed revisions for client accounts.
- Working together with the local, divisional, and corporate offices, negotiate and structure reinsurance agreements which reflect client and business objectives.
- Coordinate efforts of various pricing and modeling teams that will be involved.
- Develop strategic plans and action plans for prospecting for new opportunities and new clients, defining the essentials for success.
- Lead the research, analysis and development of new products and solutions for insurance company issues.
- Build, develop, manage, coach and mentor a team of professionals to operate and support the operational infrastructure required to support non traditional opportunities.
- Keep abreast of regulations and accounting developments in order to ensure the Company is anticipating the effect of compliance regulations and taking appropriate action.
- Initiate and facilitate education of regulators to influence their support of non traditional opportunities.
- In conjunction with the local business heads, manage the client relationships targeting non traditional opportunities.
- Support and influence major multi-national account development, and assist in the development of relationships with the head and regional offices of multi-nationals located in Asia Pacific.
- Provide customer service superior to the Company’s competitors.
Required Qualifications:
- Bachelor’s degree in Business, Math, Finance, Actuarial Sciences, Statistics or related field
- FSA accreditation
- 10+ years of actuarial experience in life insurance and/or reinsurance and/or banking
- 5+ years management experience
- 4+ years experience in international markets
- 5+ non traditional business marketing or pricing and modeling experience.
Preferred Qualifications:
- 5+ years experience in marketing non traditional business
- 4+ years experience in marketing in the Asia Pacific region
- Financial reporting or accounting experience and/or training
- Master’s Degree, MBA
Interested Applicants please send your resume (in Word format) together with present and expected salary to Erwin De Smet:
Tel: (852) 2521-5118 ext.824
Email: erwin.desmet@pplesearch.com
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