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Head of Marine and Specialty
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
Education
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.
- 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
- 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
* The salary benchmark is based on the target salaries of market leaders in their relevant sectors. It is intended to serve as a guide to help Premium Members assess open positions and to help in salary negotiations. The salary benchmark is not provided directly by the company, which could be significantly higher or lower.