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Business Development Representative
Independent Insurance Broker - KSA
Jiddah, KSA
Full Time
Senior
Onsite
2 weeks ago
Business DevelopmentMarket AnalysisStrategic PlanningRelationship ManagementSalesNegotiation
Free
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Business DevelopmentMarket AnalysisStrategic Planning
About the Role
An independent insurance broker in KSA is seeking a Business Development Representative to achieve growth by analyzing the market, developing opportunities, and building strategic relationships.
Key Skills for This Role
Business DevelopmentMarket AnalysisStrategic PlanningRelationship ManagementSalesNegotiation
Responsibilities
- Conduct market studies and analyze trends and competitors to identify growth and expansion opportunities
- Develop marketing and sales strategies to increase the company's market share
- Build and enhance relationships with existing and potential clients and business partners
- Manage and develop strategic partnerships to achieve shared goals
- Identify and target new business opportunities and work to convert them into successful contracts and projects
- Coordinate negotiation and sales processes to achieve financial and business objectives
- Coordinate and manage the company’s development and expansion, including strategic planning and ensuring effective execution
- Monitor project progress and provide regular reports to senior management on performance and results
- Use data and analytics to make evidence based strategic decisions
- Evaluate business performance, identify strengths and weaknesses, and propose necessary improvements
Requirements
- Bachelor’s degree in Business Administration or a related field
- Minimum of 5 years of experience in business development, sales, or marketing
- Proven experience in managing relationships with clients and business partners and achieving sales targets
- Deep understanding of marketing principles, business development, and strategic partnership management
- Knowledge of relevant industries, market analysis, and economic trends
Full Job Posting
Job Purpose
- The Business Development Representative aims to achieve the company’s growth and expansion by analyzing the market, developing new opportunities, and building strategic relationships with clients and partners.
Key Responsibilities
- Analysis and Strategy Development: Conduct market studies and analyze trends and competitors to identify growth and expansion opportunities. Develop marketing and sales strategies to increase the company's market share.
- Relationship Building and Partnership Management: Build and enhance relationships with existing and potential clients and business partners. Manage and develop strategic partnerships to achieve shared goals.
- Business Opportunities and Sales Development: Identify and target new business opportunities and work to convert them into successful contracts and projects. Coordinate negotiation and sales processes to achieve financial and business objectives.
- Strategic Planning: Coordinate and manage the company’s development and expansion, including strategic planning and ensuring effective execution. Monitor project progress and provide regular reports to senior management on performance and results.
- Data Analysis and Decision Making: Use data and analytics to make evidence based strategic decisions. Evaluate business performance, identify strengths and weaknesses, and propose necessary improvements.
Qualifications and Experience
- Education: Bachelor’s degree in Business Administration or a related field; a Master’s degree in Marketing or Business Administration is preferred.
- Experience: Minimum of 5 years of experience in business development, sales, or marketing. Proven experience in managing relationships with clients and business partners and achieving sales targets.
- Knowledge: Deep understanding of marketing principles, business development, and strategic partnership management. Knowledge of relevant industries, market analysis, and economic trends.
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