1 week ago

Business Development Manager - Commercial Insurance

✓ Verified Job

Canonical indexed version, validated from employer's careers page.

Source: Company careers pageValidated by: Fursa AI

Last checked: 13 hours agoStatus: Live

Job Summary

Drive growth in the commercial insurance segment by acquiring new SME and corporate clients, building a sustainable prospect pipeline, and identifying business opportunities across the UAE. Conduct risk assessments and needs analysis to recommend tailored insurance solutions, including proposals, quotations, and renewals. Manage assigned client relationships to improve retention, cross-sell and up-sell, while achieving revenue targets. Ensure UAE regulatory compliance, including KYC/AML and CBUAE-aligned governance.

Location: Dubai

Workplace: Onsite

Employment Type: Full time

Job Function: Business Development & Partnerships

Seniority: Manager level

Key Responsibilities

•Identify, approach, and acquire new SME and corporate clients across various sectors in the UAE, building a sustainable pipeline through networking, referrals, market research, and direct sales.
•Conduct risk assessments and needs analysis, and prepare and present insurance proposals, quotations, and renewals.
•Achieve assigned SME and corporate revenue targets, tracking sales performance, pipeline status, and conversion ratios while supporting timely premium follow-up.
•Act as primary relationship manager for assigned accounts by managing renewals, endorsements, and coverage reviews to ensure continuity of cover and enable cross-selling/up-selling.
•Ensure compliance with UAE insurance regulations and CBUAE-aligned brokerage requirements, including proper KYC/AML documentation and transparent, appropriate insurance recommendations.

Key Requirements

•Bachelor’s degree in any related field.
•Minimum 3 years’ experience in a sales role.
•Strong consultative selling and negotiation skills.
•Excellent communication and presentation abilities.
•Sound understanding of corporate risk management and insurance solutions, with high integrity and regulatory awareness.

Experience:3+ yearsCommercial insuranceSMECorporate clients

Education:Bachelor's

Skills:Consultative sellingNegotiationCommunicationPresentationIntegrityRegulatory awarenessAbility to manage multiple accounts

Tech Stack:Microsoft OfficeExcelPowerPoint

Company Brief

RAKBANK

RAKBANK is a United Arab Emirates-based bank offering personal, business, and commercial banking services, including accounts, cards, loans, deposits, and digital banking products. It serves retail customers and SMEs across the UAE.

Industry: Banking

Company Size: Large (251 to 1,000 employees)

Revenue: USD 1B+

Growth: Public Company

Valuation: Public Company (Market Cap in USD)

Funding: IPO / Publicly Listed

Headquarters: Ras Al Khaimah, United Arab Emirates

Founded: 1976

Website LinkedIn

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RAKBANK

1 week ago

Business Development Manager - Commercial Insurance

✓ Verified Job

Canonical indexed version, validated from employer's careers page.

Source: Company careers pageValidated by: Fursa AI

Last checked: 13 hours agoStatus: Live

Job Summary

Location: Dubai

Workplace: Onsite

Employment Type: Full time

Job Function: Business Development & Partnerships

Seniority: Manager level

Key Responsibilities

•Identify, approach, and acquire new SME and corporate clients across various sectors in the UAE, building a sustainable pipeline through networking, referrals, market research, and direct sales.
•Conduct risk assessments and needs analysis, and prepare and present insurance proposals, quotations, and renewals.
•Achieve assigned SME and corporate revenue targets, tracking sales performance, pipeline status, and conversion ratios while supporting timely premium follow-up.
•Act as primary relationship manager for assigned accounts by managing renewals, endorsements, and coverage reviews to ensure continuity of cover and enable cross-selling/up-selling.
•Ensure compliance with UAE insurance regulations and CBUAE-aligned brokerage requirements, including proper KYC/AML documentation and transparent, appropriate insurance recommendations.

Key Requirements

•Bachelor’s degree in any related field.
•Minimum 3 years’ experience in a sales role.
•Strong consultative selling and negotiation skills.
•Excellent communication and presentation abilities.
•Sound understanding of corporate risk management and insurance solutions, with high integrity and regulatory awareness.

Experience:3+ yearsCommercial insuranceSMECorporate clients

Education:Bachelor's

Skills:Consultative sellingNegotiationCommunicationPresentationIntegrityRegulatory awarenessAbility to manage multiple accounts

Tech Stack:Microsoft OfficeExcelPowerPoint

Company Brief

RAKBANK

Industry: Banking

Company Size: Large (251 to 1,000 employees)

Revenue: USD 1B+

Growth: Public Company

Valuation: Public Company (Market Cap in USD)

Funding: IPO / Publicly Listed

Headquarters: Ras Al Khaimah, United Arab Emirates

Founded: 1976

Website LinkedIn