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 Riyadh to identify and acquire new clients 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 within the country through proactive outreach, networking, and referrals via partnerships
- 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 to increase penetration across multiple solutions
- 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 the 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
Company Overview
- Marsh is the world’s leading insurance broker and risk adviser.
- Part of Marsh (NYSE: MRSH), a global leader in risk, reinsurance and capital, people and investments, and management consulting.
Role Summary
- Business Development Executive in Riyadh, Saudi Arabia, identifying and acquiring new Clients within partnership schemes.
What You Can Expect
- Gain valuable professional experience in a truly global company reshaping the insurance industry.
- Excellent growth and advancement opportunities.
- Collaborate with in country specialists to drive business growth.
- Ongoing support, coaching, and development.
- Hybrid working model offering flexibility.
- 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 closes 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.
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