Senior Business Development Analyst

About the Role

We are seeking a talented individual to join our Mercer Marsh Benefits Business Development Team. This role will be based in Bangkok, Thailand. This is a hybrid role that has a requirement of working at least three days a week in the office.

Responsibilities

• Identify and develop new business opportunities within the employee benefits insurance market.
• Build and manage a strong sales pipeline to achieve individual and team new business targets.
• Engage with prospective clients to understand their business needs, employee benefit challenges and insurance requirements.
• Prepare and deliver professional proposals, presentations and insurance solutions to prospective clients.
• Coordinate with insurance companies to obtain competitive quotations, terms and conditions for clients.
• Negotiate premiums, benefits and commercial terms with insurers to achieve the best possible outcome for clients.
• Maintain strong relationships with insurance companies, key market contacts and prospective clients.
• Work closely with internal broking, consulting and servicing teams to ensure a smooth transition from new business acquisition to implementation.
• Monitor market trends, competitor activities and new employee benefits solutions to identify business opportunities.
• Maintain accurate sales activity, pipeline and opportunity updates in the relevant company systems.
• Represent Mercer Marsh Benefits professionally at client meetings, networking events and industry activities.

Qualifications

• Bachelor’s degree in business administration, Marketing, Insurance, Finance or a related field.
• At least 5 years of experience in the insurance market, preferably within an insurance brokerage firm.
• Strong knowledge and practical experience in group employee benefits insurance, including group life, accident, disability and medical insurance.
• Proven experience in new business sales and business development, with a track record of achieving sales targets.
• Established relationships with insurance companies and key contacts within the Thailand insurance market.
• Strong understanding of insurance products, underwriting considerations, market practices and quotation processes.
• Strong negotiation, presentation and client relationship management skills.
• Professional personality with strong verbal and written communication skills.
• Commercially minded, proactive, detail-oriented and able to work independently.
• Ability to manage multiple opportunities and priorities within tight timelines.
• Good command of written and spoken English.