Head of Marine and Specialty

Leading Edge; Riyadh; On-site; SAR 300,000 - 400,000; Full time

Job summary

A prominent insurance firm based in Riyadh is seeking a strategic leader to serve as Head of Marine and Specialty. The ideal candidate will have over 15 years of experience in the insurance industry and will be responsible for business strategy development, team leadership, and compliance management. Master’s degree or relevant certifications preferred. This role requires strong communication and negotiation skills.

Qualifications

• 15+ years of experience in the insurance industry, specifically in Marine and Specialty.
• Strong knowledge of underwriting, pricing, and operational risk.
• Proven communication and negotiation skills.

Responsibilities

• Develop and implement business strategies for growth.
• Lead and develop a team of underwriters.
• Ensure compliance with regulatory standards.

Skills

Underwriting expertise

Team leadership

Regulatory compliance

Financial analysis

Stakeholder management

Education

Bachelor's degree in Business or related field

Master's degree or relevant certifications

Job description

Overview

Job Title: Head of Marine and Specialty

Location: Riyadh

Our client is seeking a strategic leader to drive the growth and profitability of 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