Business Development Manager

The Business Development Manager will play a pivotal role in driving the firms growth by identifying and securing business opportunities within the GCC insurance sector. The purpose of the role is to enhance the firms market presence build lasting client relationships and increase revenue by offering tailored consultancy services to insurance companies brokers and other stakeholders in the industry. The BDM will act as a bridge between client needs and the firms service offerings ensuring alignment with strategic objectives and industry demands.

Key Responsibilities:

1. Strategic Planning & Execution

Develop and implement a business development strategy tailored to the insurance sector aligning with the firms overall goals.

Identify and prioritize target markets and client segments within the insurance sector.

2. Client Acquisition & Relationship Management

Proactively identify qualify and secure new clients within the insurance sector.

Build and maintain strong relationships with decision-makers at insurance companies brokers and other industry stakeholders.

Represent the firm at industry events conferences and networking opportunities to promote services.

3. Market Research & Insights

Monitor industry trends regulatory changes and competitor activities to identify new opportunities.

Provide insights and recommendations to adapt services to meet evolving client needs and market demands.

4. Proposal Development & Negotiation

Prepare high-quality proposals presentations and service agreements tailored to client needs.

Lead contract negotiations ensuring alignment with company policies and profitability goals.

5. Collaboration & Coordination

Work closely with internal teams including consulting marketing and operations to ensure seamless delivery of services.

Provide feedback from clients to refine service offerings and improve client satisfaction.

6. Performance Management

Set and achieve business development targets and KPIs reporting regularly to senior management.

Maintain accurate records of all sales activities prospects and client interactions using CRM systems.

Educational Skills and Experience:

• Bachelors degree in Business Administration Marketing Insurance or a related field.

• A professional certifications (e.g. CII CPCU) is required.

• Minimum of 7 years of experience in business development sales or a related role within the insurance sector.

• Proven track record of generating revenue and closing deals with insurance companies brokers or loss adjusters.

• 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.

• Strategic thinker with a proactive approach to identifying and solving challenges.

• Team player with the ability to collaborate across departments and lead initiatives.

• Excellent communication and interpersonal skills with the ability to build lasting relationships.

• Strong negotiation presentation and proposal writing abilities.

• Analytical mindset to assess market opportunities and client needs effectively.

Proficiency in Microsoft Office Suite and CRM tools.