Business Development Manager – Bancassurance | Up to 45K + Incentives
Business Development Manager
Industry: Healthcare / HMOEmployment Type: Full-time | Permanent (Direct Hire)
Work Setup: Onsite
Schedule: Monday to Friday | Flexible Day Shift
Salary: Up to PHP 45,000 Basic Salary + Incentives / Commissions
Job Summary
We are looking for a relationship-driven Business Development Manager – Bancassurance to expand our bancassurance channel by building strong partnerships with banks and driving the growth of healthcare insurance solutions.
The ideal candidate has solid experience in bancassurance, insurance, HMO, or financial services, with a proven ability to manage bank partnerships, develop distribution channels, generate new business opportunities, and consistently achieve sales targets.
Key Responsibilities- Build, manage, and strengthen relationships with partner banks, bancassurance teams, and key stakeholders.
- Drive sales growth and revenue generation through assigned banking partners.
- Develop and execute strategic plans to expand the bancassurance distribution channel.
- Identify opportunities to increase healthcare product penetration within partner banks.
- Conduct sales presentations, product orientations, and business reviews with banking partners and clients.
- Support bank relationship managers through product training, sales enablement, and marketing initiatives.
- Generate new business opportunities through referrals, cross-selling, and corporate banking relationships.
- Coordinate with internal teams to ensure smooth account onboarding and excellent customer experience.
- Manage account renewals, client retention, and partner engagement initiatives.
- Monitor market trends, competitor activities, and channel performance to identify growth opportunities.
- Maintain accurate sales pipelines, forecasts, and partnership performance reports.
- Ensure compliance with company policies, banking standards, and regulatory requirements.
- Bachelor's degree in Business Administration, Marketing, Finance, Management, or any related field.
- At least 3–5 years of experience in:
- Bancassurance
- Business Development
- Insurance or HMO Sales
- Financial Services
- Banking Partnership Management
- Proven experience managing bank partnerships and distribution channels.
- Strong background in corporate sales, relationship management, and business development.
- Demonstrated success in achieving sales and revenue targets.
- Excellent presentation, negotiation, and stakeholder management skills.
- Strong understanding of healthcare insurance products, employee benefits, or insurance solutions.
- Proficient in Microsoft Office applications and CRM tools.
Highly Preferred
Candidates with experience from HMO providers, life insurance companies, healthcare insurance organizations, or banking institutions are highly preferred.
Experience with any of the following is an advantage:
- Bancassurance Channel Management
- Banking Relationship Management
- Insurance Distribution
- Corporate Healthcare Solutions
- Employee Benefits
- HMO or Healthcare Insurance Sales
- Strategic Partnerships
- Up to PHP 45,000 Basic Salary
- Permanent / Direct Hire (FTE)
- HMO Coverage
- Insurance Coverage
- Rice Allowance
- Clothing Allowance
- Up to 14th Month Pay
- Sales Incentives / Commissions
- Monday to Friday Schedule
- Flexible Day Shift
- Career growth with one of the country's leading healthcare organizations