Vice-President — Life & Health (Corporate & Retention Lead — Medical Insurance)📣 Job Ad

About the Role

Marsh Risk is seeking a Vice-President — Life & Health to join its Jeddah office. This role serves as the Corporate & Retention Lead for Medical Insurance, focusing on managing high-value corporate and key-account B2B clients across Saudi Arabia. The position is designed for a proven retention leader with a hands-on, commercial approach, instrumental in driving retention strategies, managing complex renewals, and identifying opportunities for new business growth within a strategically important segment of operations.

This is an opportunity for a senior professional to operate at the intersection of technical expertise, market engagement, and business development. The role involves shaping and expanding business across the region, requiring independent work with minimal supervision, alongside mentoring junior team members. Marsh Risk is a business of Marsh, a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries.

Key Responsibilities

• Lead retention and relationship management for corporate medical insurance accounts in Saudi Arabia, with a primary focus on Jeddah.
• Manage the renewal process, account governance, and develop robust retention strategies for large and complex employer clients.
• Provide technical input on medical insurance pricing, underwriting, and policy structuring.
• Cultivate and maintain strong relationships with local insurance providers.
• Mentor and onboard a junior support resource, ensuring their development and contribution to the team.
• Collaborate with local leadership to drive business development initiatives and foster account growth.

Qualifications and Requirements

• A minimum of 5-7 years of experience specifically in corporate medical insurance retention or account management.
• A strong track record of successfully managing high-value, complex accounts involving committee-driven decision-making and multiple stakeholders.
• Experience gained within insurance brokerage firms or large insurance companies, with a preference for brokerage backgrounds.
• Demonstrated technical proficiency in medical pricing, underwriting, and policy structuring.
• The ability to onboard quickly, work autonomously, and effectively mentor junior colleagues.
• Excellent communication and stakeholder management skills.
• Fluency in both English and Arabic is mandatory.

Required Skills

• Retention strategies and execution
• Client relationship management
• Medical insurance expertise
• Corporate account management
• Technical advisory
• Medical pricing and underwriting
• Policy structuring
• Stakeholder engagement and management
• Business development and growth
• Effective communication
• Mentoring and team development

Work Environment and Location

This is a full-time position based in Jeddah, Makkah, Saudi Arabia. The role requires working independently with minimal supervision while also contributing to team development through mentoring.