Senior Business Development Executive
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Key skills for this role
About the Role
Marsh is seeking a Senior Business Development Executive in Jeddah to drive new client acquisition within partnership schemes. The role involves proactive outreach, networking, and closing sales proposals for insurance solutions.
Key Skills for This Role
Responsibilities
- Identify and build a strong pipeline of new business opportunities through proactive outreach, networking, and referrals
- Represent Marsh at industry conferences and events to expand professional network
- Conduct thorough research and plan customer acquisition strategies
- Develop and maintain strong relationships with potential and existing clients
- Create, negotiate, and close sales proposals covering full suite of products
- Assist in preparing due diligence reports and presentations in response to client requests
- Deliver presentations and provide guidance to senior level stakeholders
- Consistently strive to exceed sales performance targets
- Maintain accurate client interaction records in CRM system
- Stay informed on latest trends in Medical and Non Medical Insurance Products
Requirements
- Proven B2B sales experience preferably in Insurance Industry
- Strong communication skills with a talent for building and closing relationships
- Energetic, positive attitude and ability to perform well under pressure
- Ability to multitask effectively
- Excellent written and spoken English skills
Full Job Posting
Overview
- Join Marsh, the world’s leading insurance broker and risk adviser, as a Business Development Executive in Riyadh, Saudi Arabia. Be a key player in our Sales Division, identifying and acquiring new Clients within our partnership schemes.
What You Can Expect
- Gain valuable professional experience in a truly global company reshaping the insurance industry.
- Enjoy excellent growth and advancement opportunities.
- Collaborate with in country specialists to drive business growth.
- Receive ongoing support, coaching, and development to help you excel.
- Benefit from a hybrid working model offering flexibility and a great work environment.
- Competitive salary, commission, and benefits package.
Your Key Responsibilities
- Identify and build a strong pipeline of new business opportunities within the country through proactive outreach, networking, and referrals via our partnerships.
- Represent Marsh at industry conferences and events to expand your professional network.
- Conduct thorough research and plan customer acquisition strategies.
- Develop and maintain strong relationships with potential and existing clients to increase penetration across multiple solutions.
- Create, negotiate, and close sales proposals covering our full suite of products.
- Assist in preparing due diligence reports and presentations in response to client requests.
- Deliver presentations and provide guidance to senior level stakeholders.
- Consistently strive to exceed sales performance targets.
- Maintain accurate client interaction records in our CRM system.
- Stay informed on the latest trends in Medical and Non Medical Insurance Products.
What You Need to Have
- Proven B2B sales experience preferably in Insurance Industry.
- Strong communication skills with a talent for building and closing relationships.
- Energetic, positive attitude and ability to perform well under pressure.
- Ability to multitask effectively.
- Excellent written and spoken English skills.
What Makes You Stand Out
- Prior experience in sales across multiple lines of insurance solutions.
- Demonstrated success in hunting for new business through proactive outreach.
About Marsh
- Marsh Risk is a business of Marsh (NYSE: MRSH), a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries.
- With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective.
Workplace Policy
- Marsh is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office.
- All Marsh colleagues are expected to be in their local office or working onsite with clients at least three days per week.
- Office based teams will identify at least one 'anchor day' per week on which their full team will be together in person.
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