
Insurance Business Development Manager
24 hours ago
About RESO
GIG Gulf is part of the Gulf Insurance Group (GIG), the #1 largest regional composite insurer in the Middle East and North Africa. With presence in 13 markets including Algeria, Bahrain, Egypt, Iraq, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, Turkey and the United Arab Emirates, GIG Group reported consolidated assets stand at US$ 4.4 billion as of 31 December 2022.
Our Culture
We have created a diverse and inclusive working environment with a workforce of over 800 employees from 60 nationalities. Our core objective is to become the region's digital insurer of reference, committed to responsible and sustainable operations.
Job Summary
This role involves developing and maintaining business relationships with intermediaries, customers, and prospects to ensure account retention and growth in a sustainable and profitable manner aligned with GIG values and standards.
Key Responsibilities:
- Manage Employee Benefits business development targets for Group Life and Healthcare insurance products across Bahrain.
- Analyze claim experience data and prepare renewal analyses information in collaboration with the Offering team.
- Monitor portfolio performance, analyze trends, and communicate findings with technical explanations and suggestions to the Account Management team.
- Prepare sales forecast and results reports for management.
- Pursue sales opportunities, responding to tender requests and converting them into sales to meet annual sales targets.
- Collaborate with underwriting teams to ensure complete presentations of underwriting information, competitor rates, and commercial information for consideration by underwriters and reinsurers.
- Collect insurance premiums in line with company terms, liaising with credit control to minimize outstanding debt.
Requirements:
- Bachelor's degree.
- 5 years of experience in Employee benefits/Healthcare and/or Group Life.
- Strong GCC market knowledge of products and pricing approach, specifically in Bahrain.
- Understanding of underwriting, policy terms and conditions, risk assessment, authority levels, and protocols.
- Extensive regional experience in Sales & Account Management.
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