Senior Insurance Sector Growth Strategist

18 hours ago


Manama, Manama, Bahrain RESO Full time

Job Summary

We are seeking a highly skilled Business Development Manager to drive our growth in the GCC insurance sector.

The successful candidate will play a pivotal role in identifying and securing business opportunities, enhancing our market presence, building lasting client relationships, and increasing revenue through tailored consultancy services.

Key Responsibilities

  • Strategic Planning & Execution: Develop and implement a business development strategy aligned with our overall goals, focusing on the insurance sector.
  • Client Acquisition & Relationship Management: Identify, qualify, and secure new clients within the insurance sector, building strong relationships with decision-makers at insurance companies, brokers, and industry stakeholders.
  • Market Research & Insights: Monitor industry trends, regulatory changes, and competitor activities to identify new opportunities and provide insights for adapting services to meet evolving client needs and market demands.
  • Proposal Development & Negotiation: Prepare high-quality proposals, presentations, and service agreements tailored to client needs, leading contract negotiations while ensuring alignment with company policies and profitability goals.
  • Collaboration & Coordination: Work closely with internal teams to ensure seamless delivery of services, providing feedback from clients to refine service offerings and improve client satisfaction.
  • Performance Management: Set and achieve business development targets and KPIs, reporting regularly to senior management, and maintain accurate records of sales activities using CRM systems.

Requirements

  • Education: Bachelor's degree in Business Administration, Marketing, Insurance, or a related field, with a professional certification (e.g., CII, CPCU).
  • Experience: Minimum 7 years of experience in business development, sales, or a related role within the insurance sector, with a proven track record of generating revenue and closing deals with insurance companies, brokers, or loss adjusters.
  • Skills & Qualifications: Strong understanding of the GCC insurance industry, including regulatory frameworks, market trends, and operational processes; fluent in Arabic and English; goal-oriented, self-motivated, and driven to succeed in a competitive environment.


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