Senior Manager - Business Development
Role Overview
The description identifies the role as Product & Growth Manager, focused on building and scaling digital insurance products in Saudi Arabia.
The role spans product management, growth, and insurance, with particular emphasis on Marine Insurance and Protection & Savings.
The role seeks to diagnose underperforming products using customer and data insights and turn them into scalable propositions.
Key Skills for This Role
Full Job Posting
About Rasan
Rasan develops technology-enabled digital experiences for Saudi Arabia’s insurance sector.
Role Summary
The description identifies the role as Product & Growth Manager, focused on building and scaling digital insurance products in Saudi Arabia.
The role spans product management, growth, and insurance, with particular emphasis on Marine Insurance and Protection & Savings.
The role seeks to diagnose underperforming products using customer and data insights and turn them into scalable propositions.
Product Strategy and Discovery
- Own products from customer discovery and proposition design through launch, iteration, and scale.
- Conduct customer interviews, user research, surveys, and other qualitative research.
- Define requirements, value propositions, customer journeys, roadmaps, and go-to-market hypotheses.
- Analyze product performance and lead pivots or improvements to pricing, positioning, distribution, or customer experience.
- Work with technology and design teams to deliver scalable digital experiences.
Growth and Commercial Performance
- Own acquisition, activation, quote generation, conversion, retention, and revenue outcomes.
- Analyze conversion rates, funnels, cohorts, CAC, LTV, average premium, and other commercial metrics.
- Independently access and interpret data, identify opportunities, and establish dashboards and reporting.
- Develop and test growth experiments across pricing, propositions, journeys, messaging, and channels; target valuable customer segments.
Partnerships and Digital Distribution
- Build relationships with insurers, brokers, banks, and strategic distribution partners.
- Coordinate product design, coverage, pricing, underwriting, service levels, operations, and technology integration with insurer teams.
- Develop distribution opportunities with logistics companies, freight forwarders, importers, SMEs, banks, employers, and digital platforms.
- Build business cases and commercial models and take partnerships from concept to launch and scale.
Insurance Product Growth
- Develop digital Marine Insurance propositions, including cargo and hull coverage, and improve quotation, underwriting, policy issuance, claims, and servicing journeys.
- Develop Marine Insurance B2B/SME go-to-market strategies and partnership channels.
- Support growth of life, family takaful, protection, savings, and bancassurance propositions through digital and partner-led channels.
- Improve product understanding, conversion, persistency, bundling, cross-selling, and embedded distribution.
Education and Experience
- Bachelor’s degree in business administration or a related field.
- 7+ years of combined experience across product management or growth and insurance.
- Experience at an insurer, broker, bank/bancassurance provider, or Insurtech in KSA or the GCC.
- Experience in partnership-led growth, pre-product-market-fit work, and B2B/SME go-to-market strategies.
- Experience working with insurer product, underwriting, pricing, operations, and/or technology teams to develop, launch, or optimize products.
- Experience in a regulated insurance environment; exposure to the Saudi Insurance Authority regulatory framework is preferred.
Skills and Languages
- Translate customer and market problems into product propositions, requirements, roadmaps, and priorities.
- Understand acquisition, activation, conversion, retention, revenue, funnel metrics, cohort analysis, CAC, and LTV.
- Understand insurance propositions, pricing, underwriting, distribution, and customer journeys.
- Native Arabic speaker with fluent written and spoken English.
- Strong organizational, planning, documentation, and execution skills.
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