Account Manager

Aon; Riyadh; On-site; SAR 150,000 - 200,000; Full time

Job summary

A leading global provider of risk management solutions is seeking an Account Manager in Riyadh. This role requires developing strong client relationships and managing insurance placements while ensuring compliance with regulatory standards. The ideal candidate has a Bachelor's degree and 2+ years of experience in insurance. Proficiency in both Arabic and English is a must. Join us to make an impact and grow your career at a world-class organization.

Qualifications

• 2+ years of experience in insurance broking or insurance companies.
• Good understanding of the insurance market and IA regulatory landscape.
• Proficiency in Arabic and English.

Responsibilities

• Develop and maintain strong relationships with clients.
• Analyze client risk exposures and recommend appropriate insurance products.
• Ensure all activities comply with Insurance Authority regulations.
• Prepare reports and maintain client records.
• Identify cross-selling and upselling opportunities.

Skills

Negotiation

Communication

Presentation skills

Client relationship management

Business development

Education

Bachelor’s degree in business, Finance, Insurance, or a relevant field

Job description

The Account Manager serves as the primary liaison between clients and insurers, managing client accounts and delivering tailored insurance solutions. This role is responsible for assessing insurance needs, negotiating with insurers, maintaining compliance with Saudi Arabian regulations, and ensuring service excellence in every client interaction.

Key Responsibilities

1. Client Relationship Management

• Develop and maintain strong relationships with clients, understanding their insurance needs.
• Serve as the main point of contact for client inquiries, claims, policy renewals, and day-to-day servicing.

2. Placement

• Analyze client risk exposures and recommend appropriate insurance products.
• Collaborate with insurance companies to negotiate competitive quotes and coverage terms.
• Prepare and present proposals, organize policy placements, and manage renewals.

3. Regulatory & Compliance

• Ensure all activities comply with Insurance Authority (IA) regulations and guidelines for insurance brokers.
• Maintain proper documentation and records.
• Stay updated on regulatory changes and their impact on the insurance industry.

4. Administration

• Prepare reports, maintain client records, and ensure accurate policy documentation.
• Handle premium collection, invoicing, and resolve account discrepancies.

5. Business Development

• Identify cross-selling and upselling opportunities.
• Participate in marketing initiatives, client meetings, and events.

Requirements:

• Bachelor’s degree in business, Finance, Insurance, or a relevant field.
• Proven experience (2+ years) in insurance broking or insurance companies.
• Good understanding of the insurance market and IA regulatory landscape.
• Strong negotiation, communication, and presentation skills.
• Proficiency in Arabic and English.

Applicants must be legally eligible to work in Saudi Arabia and will be required to comply with all local labor laws and regulations. Aon is committed to supporting Saudization and encourages Saudi nationals to apply.

Aon

Aon is a leading global provider of risk management, retirement, and health solutions. Our teams empower clients with innovative solutions, backed by industry expertise and local market knowledge. At Aon, we foster an inclusive and collaborative workplace where everyone is encouraged to bring their best self to work. Join us to make an impact and grow your career as part of a world-class organization.