Assistant Vice President - Large Corporate I RAK | Financial Services| Orient Insurance PJSC

Job Requisition ID: 182277

About Al-Futtaim

Established in the 1930s, Al-Futtaim is one of the most diversified and progressive privately held regional businesses, headquartered in Dubai. Operating across more than 20 countries, the Group spans automotive, financial services, real estate, retail and health. With more than 40,000 employees, Al-Futtaim represents over 200 of the world’s most recognised brands, including Toyota, Lexus, IKEA, ACE and Marks & Spencer. Driven by its purpose to enrich lives and elevate communities, Al-Futtaim focuses on digital innovation, AI, sustainable growth and strategic partnerships, creating long-term value for customers, communities and partners while building a responsible legacy for future generations.

Job Description:

• Identify opportunities for business expansion, new client acquisition, and market penetration.
• Build and maintain strong relationships with key stakeholders, including clients, partners, and vendors.
• Assist senior leadership in the development and execution of corporate business growth strategies.
• Monitor market trends, competitive landscape, and regulatory changes to inform decision-making and corporate planning.
• Oversee day-to-day business operations to ensure smooth execution and alignment with overall corporate objectives.
• Establish and track key performance indicators (KPIs) to assess department performance.
• Contribute to budgeting, forecasting, and financial planning for the department or division.
• Ensure cost management, profitability, and financial compliance.
• Collaborate with different departments such as Underwriting, finance, and other to implement corporate initiatives effectively.
• Lead or participate in cross-functional projects to drive business improvement.
• Identify potential risks and work with senior management to mitigate them.
• Ensure compliance with corporate policies and legal regulations.
• Provide regular reports to senior executives on department or division performance.
• Communicate effectively with internal and external stakeholders.

Qualifications:

• Education: Bachelor’s degree in business, Insurance, or a related field. An MBA or relevant post-graduate qualification is preferred.

• Experience:
• Minimum 7-10 years of experience in a Sales & Marketing role within a corporate setting, with a proven track record of managing teams and driving business outcomes.
• Experience in insurance industry.

• Skills:
• Excellent strategic thinking and problem-solving abilities.
• Strong communication and interpersonal skills.
• Knowledge of financial analysis, budgeting, and reporting.
• Familiarity with corporate governance, risk management, and regulatory compliance.

• Desirable Traits:
• High level of initiative and self-motivation.
• Ability to work under pressure and manage competing priorities.
• Strong negotiation and decision-making skills.

About Orient Insurance PJSC

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 Company is counted among the leaders in the UAE insurance market. Orient Insurance Company has a paid-up capital of AED 500 Million which is the highest in the insurance industry in UAE. With head office in Dubai, the company serves its clientele through an extensive branch network in Jebel Ali, Abu Dhabi, Al Ain, Sharjah and Ras Al Khaimah in UAE, Muscat in Sultanate of Oman, Riyadh in Kingdom of Saudi Arabia and Bahrain.