Business Development-Insurance

Description

Summary: Seeking a General Manager, Business Development to drive strategic growth, secure new channels, lead negotiations, and oversee a high-performance BD team. Highlights: 1. Lead strategic business development and market expansion 2. Oversee and coach a high-performance BD team 3. Shape tailored insurance solutions for market needs General Manager – Business Development (BD)Key Responsibilities * Develop and execute a comprehensive business‑development plan aligned with the company’s strategic objectives. * Identify, evaluate, and secure new distribution channels, corporate accounts, and partnership opportunities. * Lead negotiations with insurers, reinsurers, corporate clients, and intermediaries to create mutually beneficial arrangements. * Oversee a high‑performance BD team, setting clear KPIs, providing coaching, and fostering a results‑driven culture. * Collaborate with underwriting and product teams to design tailored insurance solutions that meet market needs. * Monitor market trends, regulatory changes, and competitor activities to adapt strategies promptly. * Prepare and present regular performance reports to senior management and the board. * Represent Armour Insurance Services at industry conferences, seminars, and networking events. * Ensure compliance with Bahrain’s insurance regulations and internal governance standards. Essential Qualifications * Bachelor’s degree in Business Administration, Finance, Insurance, or a related field (Master’s preferred). * Professional insurance qualifications (e.g., CIC, CII, ACII) or equivalent certifications are highly desirable. * Deep understanding of the Bahrain insurance market, regulatory environment, and key industry players. * Strong analytical and strategic thinking abilities with a data‑driven approach to decision‑making. * Excellent communication, negotiation, and presentation skills in both English and Arabic. * Proven leadership capabilities with a track record of building and motivating high‑performing teams. Desired Experience * Minimum 10 years of experience in insurance brokerage, underwriting, or related business‑development roles. * At least 5 years in a senior management or general‑managerial capacity, preferably within the Middle East. * Demonstrated success in generating new business, expanding market share, and achieving revenue targets. * Experience working with multinational financial groups or joint‑venture environments is an advantage. Application Question(s): * Could you please give a brief about your experience with handling huge portfolio/big books * Do you have experience working for Insurance industry? * How is your experience with Sales, BD \& Client Relations Work Location: In person