Business Development Manager

Robusta Studio; Riyadh; On-site; SAR 60,000 - 120,000; Full time

Job summary

An established industry player is seeking a dynamic Business Development Manager to spearhead growth in the insurance sector. This role involves identifying new business opportunities, nurturing client relationships, and collaborating with teams to design innovative insurance solutions. The ideal candidate will possess a strong understanding of the insurance market in Saudi Arabia and have a proven track record in business development. Join this forward-thinking company to make a significant impact in the insurance landscape while achieving your career aspirations.

Qualifications

• 5+ years of experience in business development, especially in insurance.
• Strong understanding of insurance products and market dynamics.

Responsibilities

• Identify and develop new business opportunities across insurance lines.
• Build and maintain long-term client relationships.

Skills

Business Development

Client Relationship Management

Negotiation Skills

Communication Skills

Market Analysis

Education

Bachelor's degree in Business Administration

MBA

Job description

Bachelor of Business Administration (Management)

Nationality: Any Nationality

Vacancy: 1 Vacancy

Job Description

Responsibilities:

• Identify and develop new business opportunities across insurance lines (e.g., health, motor, property, Takaful).
• Build and maintain long-term client relationships with corporate and individual clients.
• Lead the preparation and delivery of business proposals and pitches.
• Collaborate with marketing and underwriting teams to design and promote insurance solutions.
• Monitor industry trends, competitor activities, and market demands.
• Achieve growth targets and contribute to strategic planning efforts.
• Attend networking events, conferences, and client meetings as needed.
• Provide regular sales forecasts, pipeline updates, and performance reports to management.

Desired Candidate Profile:

• Bachelor's degree in Business Administration, Marketing, Insurance, or a related field (MBA is a plus).
• Minimum 5 years of experience in business development, preferably in the insurance or financial services industry.
• Strong understanding of insurance products, market dynamics, and regulatory environment in Saudi Arabia.
• Excellent communication, negotiation, and presentation skills.