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The role is part of the Health & Benefits (H&B) Business Development team in the Philippines. Reporting to the Head of Business Development, Health & Benefits.
Key Responsibilities:
Build, manage and maintain a healthy sales pipeline across all the products and solutions of H&B Philippines
Achieve the assigned personal sales target through the acquisition of new clients
Build relationships with internal and external parties to penetrate key target accounts
Develop and maintain a deep understanding of the employee benefits market; develop new solutions and plans to maintain market competitiveness
Develop and maintain a deep understanding of WTW H&B products, solutions and technology within the Country, and know what is available within the Region and Globally.
Develop and maintain an understanding of WTW’s Lines of Business (LOBs) outside Health & Benefits, and initiate cross-LOB sales and collaboration
Have a clear understanding of the Global, Regional and Local Value Propositions of the H&B business.
Have a clear understanding of H&B’s profitability and pricing models and consistently refer to these in sales pitches.
Work with the Lead Relationship Managers of Key Accounts to understand and work on areas for collaboration.
Consistently look for Global Client Relationship Managers prior to or while working on Multinational prospects.
Work closely with the Marketing Team in building H&B’s Value Proposition via Social and Traditional Media, Client Workshops and Seminars, Public Speaking Engagements, and the like. Closely track results of campaigns and consistently follow through on these
Performance Objectives:
Financial
Identify, prospect and close new business in order to achieve annual revenue goals while working within profitability guidelines
Identify and target appropriate client segmentation to develop sales value proposition, adopt solution-based sales approach to win new clients
Know and meet cross-LOB Sales targets
Know and meet cross-Product Sales targets
Coordinate with existing sales and Client Relationship Management teams to identify, develop and close strategic sales opportunities
Build relationships with internal and external sources to maximize the penetration of key target accounts
Achieve clear goals of business development activities and revenue generation
Clients
Explore/Create business opportunities
Ensure that the local market is aware of WTW’s intellectual capital and use the knowledge to engage with Clients and Prospects
Ensure progress against established budget, timeline and quality standards
Ensure a thorough and deep understanding of a Prospect through research and a needs analysis with the correct points of contact.
Excellence
Contribute to the intellectual capital of the specialty area through new ideas, research, or innovative client work
Consistently perform technical review of work products
Contribute to the development of new Health Consulting tools and approaches
Ensure timely and complete Compliance and Contracting requirements based on WTW Guidelines in this regard
Consistently use Sales Tools mandated by the region, completely understand and maximize the use of these
People
Build relationships internally and collaborate effectively on cross-functional and cross-regional teams
Coach junior staff through project management, experiences, and learning sessions
Ensure self-learning through WTW internal and external publications, learning sites, and attendance at learning sessions
The Requirements:
University graduate
A minimum of 5 years’ experience in Employee Benefits, preferably from an insurance brokerage organisation
Proven track record in B2B sales in the insurance industry, ability to generate profitable revenue and meeting sales targets
Track record in building relationship with key stakeholders of large clients
Executive presence including the ability to network, influence and collaborate with a complex range of interpersonal styles within WTW, client organizations and partners/vendors/carries.
Strong business acumen: ability to learn quickly about WTW’s capabilities, strategic plans and business objectives
A strong commitment to the highest standards of professional conduct including the ability to lead by example
Strong interpersonal and team skills
Polished and well developed oral and written communication skills
Strong analytical and creative skills
Working knowledge of MS Office (Excel, Word, PowerPoint)
WTW is an Equal Opportunities Employer
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