Business Development Manager – Commercial Insurance
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| Company Name | RAKBANK |
| Company Type | Private |
| Job Type | Full-Time |
| Salary Range | Market Competitive |
| Location | Dubai, United Arab Emirates |
| Qualifications | None / No Formal Education |
| Experience | 10 Year+ |
Job Overview
RAKBANK is seeking a dynamic Business Development Manager for Commercial Insurance in Dubai, United Arab Emirates. This role is crucial for driving growth in the commercial insurance sector, focusing on expanding the client base and fostering strong relationships within the UAE.
Company Overview
RAKBANK, established in 1976, is one of the UAE’s most dynamic financial institutions, evolving from a community bank to a leader in digital banking with a human touch. The bank supports individuals and businesses across the UAE, especially SMEs, with innovative financial tools and services. Its ecosystem includes Skiply, Protego, and RAK Insurance, aiming to simplify and secure customers’ lives. RAKBANK is committed to shaping the future of banking through smart digital innovation and genuine human connection.
Quick Details
- Salary Range: Market Competitive
- Job Type: Full-time
- Qualifications: None / Open to all applicants
- Experience: 10 Year+
Key Responsibilities
- Identify and pursue new business opportunities within the commercial insurance market.
- Develop and nurture strong relationships with corporate clients, brokers, and key stakeholders.
- Achieve challenging sales targets for commercial insurance products and services.
- Conduct thorough market analysis to identify trends and competitive positioning.
- Prepare compelling proposals and presentations for prospective clients.
- Collaborate effectively with underwriting, claims, and other internal teams to deliver seamless service.
Requirements
- Proven experience in business development within the commercial insurance sector.
- In-depth knowledge of commercial insurance products and market dynamics, preferably in the UAE.
- Exceptional communication, negotiation, and interpersonal skills.
- Demonstrated ability to build and manage a robust sales pipeline.
- Strong track record of consistently achieving and exceeding sales targets.
- Strategic thinker with a client-centric approach and problem-solving abilities.
Benefits
- Competitive salary package and attractive performance-based incentives.
- Comprehensive health, medical, and wellness benefits.
- Opportunities for professional development and career advancement within a leading bank.
- Dynamic and supportive work environment in a growing financial institution.
- Access to exclusive employee banking products and services.
- Contribute to shaping the future of digital banking with a human touch.