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Business Development Manager KSA

Allianz

United Arab Emirates

On-site

AED 120,000 - 200,000

Full time

11 days ago

Job summary

A leading insurance firm is seeking a Business Development Manager for Saudi Arabia. The role focuses on expanding the customer portfolio and requires skills in sales and negotiation. Applicants should have a business-related degree and fluency in English and Arabic. This position offers the chance to drive growth in a reputable organization committed to diversity and employee empowerment.

Qualifications

  • Previous experience in Sales or Business Development, preferably in Insurance.
  • Ability to build extensive network with close contacts to mid-large clients.
  • Results-driven and ability to work with targets and KPIs.

Responsibilities

  • Build pipeline and enhance relationships with prospects.
  • Ensure long-term profitability and quality of customer portfolio.
  • Convert leads generated / received.

Skills

Sales experience
Business Development
Negotiation skills
Fluency in English
Fluency in Arabic

Education

Bachelor's degree in business related discipline
Job description
Overview

Business Development Manager KSA

Allianz Group is one of the most trusted insurance and asset management companies in the world

We are hiring for a Business Development Manager (Saudi National) to join our team in Saudi Arabia. The role reports to Commercial Lead KSA.

The role

As a Business Development Manager, you will play a key role in expanding our portfolio by directly acquiring new customers. You will leverage your skills to identify opportunities, build relationships, and drive growth.

Responsibilities
  • Build pipeline and enhance relationships with prospects
  • Ensure long-term profitability and quality of customer portfolio through proper policy Terms and Conditions
  • Reach targets of portfolio growth and quality
  • Create a pipeline (self prospection) in line with target profile
  • Convert leads generated / received
  • Take personal responsibility for the implementation of group-wide quality of service standards
  • Analyze prospect needs and business model to build the policy properly
  • Collect all necessary information and follow up with commercial and risk underwriters on quotation and prechecks
  • Ensure that the prospect has full understanding of policy coverage and processes before signing
  • Comply with commercial underwriting standards to ensure profitability and quality of customer portfolio
Qualifications

Bachelor's degree in business related discipline.

What You Bring

Previous experience in Sales or Business Development, preferably in Insurance. Other sectors such as Corporate Banking, Financial Services is an advantage

Market knowledge
  • Expert know-how in the specifics of the market
  • Ability to build extensive network with close contacts to mid-large clients, market players and opinion leaders
  • Strong Business Acumen
Business expertise
  • Ability to generate and convert leads
  • Results-driven, Ability to work with targets and KPIs
  • Sound understanding of Finance and Accounting
  • Basic understanding of commonly used Generative AI / GenAI / Generative Artificial Intelligence platforms such as ChatGPT, as well as an awareness of best practices and the potential risks associated with AI in the workplace to apply
Interpersonal skills and Personal Attributes
  • Ability to liaise with members of other core functions
  • Strong negotiation skill
  • Fluency in English and Arabic
  • Motivated, passionate, and driven to succeed
  • Willingness to learn and adapt
  • Proactive, creative, goal-oriented and hands-on

Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us. We at Allianz believe in a diverse and post workforce and are proud to be an equal opportunity employer. We encourage you to bring your whole self to work no matter where you are from, what you look like, who you love or what you believe in. We therefore welcome applications regardless of race, ethnicity or cultural background, age, gender, nationality, religion, social class, disability or any other characteristics protected under applicable local laws and regulations.

Join us. Let's care for tomorrow.

MMEA

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