Associate Director / Director – Internal Audit (Insurance - GCC Market)

We are hiring an experienced Associate Director / Director for a leading consulting firm in Riyadh. The ideal candidate should bring strong expertise in Insurance portfolio management, Financial Services consulting, and client account leadership within the GCC region.

• Key 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 impactefficiency 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
• Bachelors 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.
• Bi Lingual - Arabic & English speaking candidates only.

• Experience Requirements
• 1012+ years in the Financial Services industry with a heavy focus on Insurance and Asset Management in the Middle East/ GCC market region.
• Mandatory experience in a consulting environment (Big 4 or leading consulting firms preferred).
• GCC market experience is mandatory.

• Personal Attributes
• 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.
• The company offers BENEFITS in addition to Fixed Monthly compensation which includes Medical benefits+ flight tickets+ Bonus And Relocation allowances.
• Nationality: Open (all nationalities accepted) - Including Indians