Head of Marine and Specialty

Leading Edge; Riyadh; On-site; SAR 420,000 - 600,000; Full time

Job summary

A leading insurance firm in Riyadh is seeking a Head of Marine and Specialty to drive growth in Marine and Specialty insurance lines. The ideal candidate will have over 15 years of industry experience, expertise in underwriting, and a relevant degree. Responsibilities include developing strategies, leading underwriters, ensuring regulatory compliance, and analyzing financial performance. Excellent communication and leadership skills are essential for success in this role.

Qualifications

• Minimum 15 years of experience in the insurance industry, focusing on Marine and Specialty lines.
• Expertise in underwriting, pricing, and reinsurance for Marine and Specialty risks.
• Strong knowledge of regulatory compliance and internal controls.

Responsibilities

• Develop and implement business strategies for growth.
• Lead and develop a high-performing team of underwriters.
• Oversee underwriting and portfolio management.
• Ensure compliance with regulatory standards and internal controls.
• Analyze and report on financial performance, identifying opportunities for improvement.

Skills

Leadership skills

Excellent communication

Negotiation skills

Stakeholder management

Communication

Negotiation

Stakeholder management

Regulatory compliance

Operational risk

Education

Bachelor's degree in Business, Insurance, Maritime Studies, Engineering, or related field

Master's degree or certifications (e.g., ACII, CPCU)

Job description

Job Title: Head of Marine and Specialty
Location: Riyadh

Job Summary:

Our client is seeking a strategic leader to drive the growth and profitability of our Marine and Specialty insurance lines. The successful candidate will develop and implement business strategies, lead a high-performing team, and ensure compliance with regulatory standards.

Key Responsibilities:

• Develop and implement business strategies to drive growth and profitability.
• Lead and develop a high-performing team of underwriters.
• Oversee underwriting, portfolio management, and risk management.
• Ensure compliance with regulatory standards and internal controls.
• Analyze and report on financial performance, identifying opportunities for improvement.

Requirements

• Bachelor's degree in Business, Insurance, Maritime Studies, Engineering, or related field.
• Master's degree or certifications (e.g., ACII, CPCU) are desirable.
• 15+ years of experience in the insurance industry, with a focus on Marine and Specialty lines.
• Expertise in underwriting, pricing, and reinsurance for Marine and Specialty risks.
• Strong knowledge of operational risk, regulatory compliance, and internal controls.
• Proven leadership and team management skills.
• Excellent communication, negotiation, and stakeholder management abilities.