Associate Director / Director – Internal Audit (Insurance) THE RECRUIT GLOBE

Posted 30+ days ago

Experience

10 - 15 Years

Monthly Salary

SAR 35,000 - 42,000 ($9,451 - $11,341)

Job Location

Riyadh - Saudi Arabia

Education

Master of Commerce(Commerce), MBA/PG Diploma in Business Mgmt(Finance), Chartered Accountant(Chartered Accountant)

Nationality

Any Arab National, Any GCC National, Any European National, Any Anglophone National

Gender

Male

Benefits

Annual Air Ticket, Accomodation, Annual Bonus, Medical Insurance

Vacancy

1 Vacancy

Job Description

Roles & Responsibilities

Client & Relationship Management

  • Build, manage, and grow senior-level client relationships across Insurance, Payments & FinTech, and Capital Markets.

  • Ensure high client satisfaction, strong retention, and YoY portfolio growth.

  • Manage strategic account portfolios and drive cross-sell/upsell opportunities.

Project Delivery & Engagement Leadership

  • Oversee end-to-end delivery of engagements, ensuring adherence to scope, timelines, budgets, and quality standards.

  • Deliver measurable client impact—efficiency improvements, cost reduction, productivity gains, and revenue uplift.

  • Maintain engagement economics including billing, receivables, and team utilization.

Thought Leadership & Internal Contributions

  • Publish thought-leadership articles, whitepapers, and industry PoVs.

  • Build internal intellectual capital through reusable frameworks, methodologies, and accelerators.

  • Strengthen overall brand presence in the market.

Team Leadership & Operations

  • Build, lead, and mentor consulting teams.

  • Review deliverables and ensure compliance with client expectations and contractual obligations.

  • Collaborate with Finance, Operations, and central teams to meet internal governance needs.

Strategic Problem-Solving

  • Solve complex client challenges using structured problem-solving approaches.

  • Develop differentiated offerings in financial services strategy, regulatory change, digital transformation, and risk.

Education & Professional Qualifications

  • Bachelor’s degree in Business Administration, Finance, Economics, Risk Management, or related discipline.

  • Preferred certifications: CA, CFA, CPA, CIA, MBA, etc.

Skills & Competencies

  • Strong knowledge of Internal Audit, Risk methodologies, and the FS regulatory landscape.

  • Expertise across Asset Management, Insurance, Banking, and Investments.

  • Solid understanding of Corporate Governance, SOX, COSO, Risk & Controls.

  • Excellent analytical, communication, stakeholder management, and presentation skills.

  • Knowledge of emerging technologies and industry trends.

  • Arabic-speaking candidates preferred.

Experience Requirements

  • 10–12+ years in the Financial Services industry with a heavy focus on Insurance and Asset Management.

  • Mandatory experience in a consulting environment (Big 4 or leading consulting firms preferred).

  • GCC market experience is highly desirable.


Creative thinker with strong analytical acumen.

  • High-energy, confident, and able to perform under pressure.

  • Excellent time management and multitasking abilities.

  • Strong leadership and interpersonal skills.

  • Passion for continuous learning, travel, and client engagement.

  • Ability to maintain confidentiality and handle senior-level discussions seamlessly.

Desired Candidate Profile

  • Creative thinker with strong analytical acumen.

  • High-energy, confident, and able to perform under pressure.

  • Excellent time management and multitasking abilities.

  • Strong leadership and interpersonal skills.

  • Passion for continuous learning, travel, and client engagement.

  • Ability to maintain confidentiality and handle senior-level discussions seamlessly.

    10+ years of experience in Insurance domain in the Middle East/ GCC market region.

  • Bilingual is preferred – Arabic and English

  • Must have worked in a Big 4 firm (Eg. KPMG Lower Gulf/ PwC / Deloitte / EY)

  • Max. Age limit is 45 years

  • Nationality: Open (all nationalities accepted) - Including Indians.

Employment Type

    Full Time

Company Industry

Department / Functional Area

Keywords

  • Director
  • Internal Audit
  • Financial Reporting
  • Risk Management
  • Insurance
  • Financial Services
  • Risk Assessment
  • Director Of Assurance Services
  • Internal Controls
  • Audit Planning
  • Audit Director
  • Senior Audit Manager
  • Team Leadership
  • Internal Audit Manager

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THE RECRUIT GLOBE