Business Development Manager KSA

Allianz; United Arab Emirates; On-site; AED 120,000 - 200,000; Full time

Job summary

A leading company in the insurance sector is looking for a Business Development Manager to drive portfolio growth by acquiring new customers in Saudi Arabia. This role requires strong sales experience, market knowledge, and ability to build relationships across the region. The ideal candidate will be results-driven with a proven track record in business development.

Qualifications

• Previous experience in Sales or Business Development, preferably in Insurance.
• Expert know-how in the specifics of the market.
• Fluency in English and Arabic.

Responsibilities

• Build pipeline and enhance relationships with prospects.
• Ensure long-term profitability and quality of customer portfolio.
• Convert leads generated and ensure understanding of policy coverage.

Skills

Sales

Business Development

Networking

Business Acumen

Education

Bachelor's degree in a business-related discipline

Tools

Generative AI platforms

Job description

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 the 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 implementing group-wide quality of service standards.
• Analyze prospect needs and business models to build the policy properly.
• Collect all necessary information and follow up with commercial and risk underwriters on quotations 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.

Qualification

Bachelor's degree in a business-related discipline.

What You Bring

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

Market knowledge

• Expert know-how in the specifics of the market.
• Ability to build an 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, with the 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, including awareness of best practices and potential risks associated with AI in the workplace.

Interpersonal skills and Personal Attributes

• Ability to liaise with members of other core functions.
• Fluency in English and Arabic.
• Motivated, passionate, and driven to succeed.
• Willingness to learn and adapt.
• Proactive, creative, goal-oriented, and hands-on.

We care about our employees' ambitions, dreams, and challenges, making us a unique employer. Together, we can build an environment where everyone feels empowered to explore, grow, and shape a better future for our customers and the world around us. Allianz is committed to diversity and equal opportunity. We welcome applications regardless of race, ethnicity, age, gender, nationality, religion, social class, disability, or other characteristics protected under local laws.