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Senior Business Development Manager - Health Insurance (SME & Retail) - UAE

GIG Gulf
Dubai, UAE
Full-time
Mid-Senior
Onsite
Discovered 4 days ago
Business developmentInsurance sales and distributionUAE insurance marketSME and Retail Medical insuranceBroker relationship managementTeam leadership
Free

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Business developmentInsurance sales and distributionUAE insurance market
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Job Purpose

Lead and manage GIG Gulf’s SME and Retail business across assigned key broker relationships.

Own new business production, renewal retention, portfolio performance, and profitable growth.

Act as a senior commercial representative with key brokers and support complex opportunities.

Business Responsibilities

  • Lead profitable growth through the UAE broker channel, covering new business, renewals, premium, retention, and profitability targets.
  • Develop and execute the SME and Retail commercial strategy.
  • Build broker relationships, increase share of wallet, and implement broker segmentation and engagement approaches.
  • Lead and develop the Business Development and Validation teams.
  • Drive sales and distribution excellence and support broker and client experience.
  • Identify market trends, competitor activity, broker needs, and business opportunities.
  • Monitor production, conversion, retention, profitability, pipeline, and broker performance.
  • Contribute to annual planning, budgeting, and forecasting.
  • Coordinate with Underwriting, Operations, Claims, Finance, Credit Control, IT, Marketing, and other functions.

Operational and Technical Responsibilities

  • Manage the sales pipeline, quotations, and renewals to maximize conversion.
  • Coordinate with Underwriting and Pricing on appetite, pricing, and profitability.
  • Monitor portfolio production, retention, claims, profitability, and broker performance.
  • Oversee sales processes, governance, quotation quality, turnaround times, and conversion rates.
  • Establish broker service standards and manage performance indicators for commercial teams.
  • Improve quotation, validation, policy issuance, and broker servicing processes.
  • Drive adoption of digital quotation platforms and technology solutions.
  • Collect broker feedback and market intelligence to improve products, pricing, processes, and service.
  • Manage commercial, operational, and portfolio risks and ensure regulatory compliance.
  • Coach team members and implement continuous improvement actions.

Role Requirements

  • Proven insurance business development, sales, or distribution experience with delivery against commercial and financial targets.
  • Proven experience leading, developing, and motivating commercial teams.
  • Strong knowledge of the UAE insurance market, especially SME and Retail Medical segments.
  • Strong knowledge of Medical insurance products, pricing, underwriting, portfolio management, profitability, and retention.
  • Extensive broker and intermediary relationship management experience.
  • Strong commercial, strategic, analytical, and problem-solving capability.
  • Strong understanding of UAE insurance regulations.
  • Bachelor’s degree or equivalent in Business, Insurance, Finance, Economics, or a related discipline is required.
  • A Master’s degree or relevant professional qualification is preferred.

About GIG Gulf

GIG Gulf is a regional insurer operating across the UAE, Oman, Qatar, and Bahrain.

The company focuses on regional growth, customer experience, and digital transformation.

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