Business Development Manager (Saudi National) On-Site / Octopus by RTG

robusta; Riyad Al Khabra; On-site; SAR 60,000 - 100,000; Full time

Job summary

Join a pioneering team in a leading insurance provider in Saudi Arabia, specializing in innovative solutions aligned with Islamic Shariah principles. This role offers the opportunity to drive business development across diverse insurance lines, build lasting client relationships, and contribute to strategic growth initiatives. With a competitive salary and comprehensive benefits, you will be part of a dynamic environment that values collaboration and excellence. If you are passionate about the insurance industry and have a proven track record in business development, this is your chance to make a significant impact.

Benefits

Competitive Salary

Social Insurance

Medical Insurance

Qualifications

• 5+ years in business development, preferably 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.
• Lead the preparation and delivery of business proposals.

Skills

Business Development

Negotiation Skills

Communication Skills

Market Analysis

Client Relationship Management

Education

Bachelor’s degree in Business Administration

MBA

Job description

Who we are:

Octopus by RTG is enabling a key partner organization to grow their tech teams while focusing on AI. We are currently looking for the right pioneers to join the team!

Octopus is proud to be part of the Robusta Technology Group (RTG), a leading tech group. With a decade of experience and a successful track record of delivering over 300 projects across Europe, the Middle East, and North America, RTG has established itself as a preferred employer in the Egyptian market. Octopus and Robusta are building a bridge between Europe and Africa, creating tailored hub solutions to connect companies with top talent across the globe.

Octopus specializes in rapidly assembling remote & onsite global tech teams that are fully aligned with the culture and practices of a particular brand. By providing tailored hubs to suit its clients' needs, Octopus offers all the advantages of remote work and offshoring without the negatives.

You will be working with a company established in 1986, a Saudi insurance provider operating under cooperative principles aligned with Islamic Shariah. It serves individuals and businesses with products including health, motor, property, and Takaful. With SAR 1.25 billion in capital, it ranks among the top insurers in the region, generating over SAR 14 billion in premiums.

Responsibilities:

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

Requirements:

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

Benefits:

1. Competitive salary
2. Social and Medical Insurance