Business Development Manager
Posted date [15-Feb-2024]
(ID: 1640226)
Applications invited for the post of Business Development Manager
About the business :
Arab Orient Insurance Company commenced operations in 1982 as a part of the reputed Al-Futtaim Group and has since recorded a progressively steady growth. The year 2007 has seen a substantial growth of premium income and net profit. Having recorded a premium income of Dhs.767 million and a net profit of Dhs.136 million (out of which over 65 is generated from underwriting), the Company is counted among the leaders in the UAE insurance market. Arab Orient Insurance Company has a paid-up capital of Dhs. 250, 000, 000 - which is significantly higher than most of the players in the market. With head office in Dubai, the company serves its clientele through an extensive branch network in Bur Dubai, Jebel Ali, Sharjah, Abu Dhabi, Al Ain, Dubai Health Care City Ras Al Khaimah, Sheikh Zayed Road and Oman.Standard & Poor's Ratings Services upgraded the long-term counterparty credit and insurer financial strength ratings to Arab Orient Insurance Co. (PSC) from A- to A in the year 2008.
Skills:
The ideal candidate should be between 30-45 years of age, Arabic speaking, holding a University degree.
The candidate must have over 7 years of work experience in Insurance, out of which at least 3 years should have been gained in Managerial position with similar job responsibilities.
Company Profile:
Established in the 1930s as a trading business, Al-Futtaim is one of the most progressive regional business houses headquartered in Dubai, United Arab Emirates.
Structured into six divisions; automotive, retail, electronics, engineering and technology, real estate, financial services and general services, Al-Futtaim operates through more than 60 companies and maintains a decentralised approach, giving individual businesses flexibility and versatility to maintain a competitive stance.
Employing in excess of 20, 000 people across the UAE, Bahrain, Kuwait, Qatar, Oman, Egypt, Syria, Pakistan, Singapore and Europe, this approach benefits employees, providing a clearly defined work culture where individuals are empowered with authority and responsibility for their work.
