Manager of InsurTech & Innovation at Pinyon

, , Saudi Arabia -

Full Time

Start Date

Immediate

Expiry Date

29 Jun, 26

Salary

0.0

Posted On

31 Mar, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

InsurTech, Innovation Management, Data Management, Risk Management, Compliance, Project Management, Collaboration, Performance Metrics, Budget Management, Cyber-Security, Data-Privacy, Regulatory Requirements, Coaching, Strategic Planning, Stakeholder Engagement, Operational Excellence

Industry

Description

Job Overview This role is conducted within the vision, mission, and strategic plan of the Insurance Authority. Reporting to the Director of Sector Development, the Manager of InsurTech & Innovation steers the full lifecycle of the Authority’s sandbox and pilot portfolio, translating strategic innovation objectives into disciplined execution. The role orchestrates cross-functional collaboration with start-ups, vendors, and internal governance functions to launch, monitor, and scale technology experiments that advance market competitiveness and regulatory modernization. By embedding rigorous data, risk, and knowledge-management practices, the Manager safeguards compliance while generating actionable insights that inform enterprise decision-making. Ultimately, the position accelerates time-to-value for breakthrough insurance solutions, strengthens stakeholder confidence, and catalyzes continuous improvement across all lines of business. Responsibilities and Tasks * Manage the end-to-end tracking calendar for InsurTech sandbox experiments, ensuring milestones, risk logs, and exit criteria are updated in the Innovation Management System. Coordinate onboarding activities for start-ups, including NDA issuance, access provisioning, and orientation to IA technical standards. * Resolve routine exceptions—such as data-feed latency or user-access issues—by liaising with IT operations and escalating unresolved cases to the Expert level. * Collect, validate, and upload performance KPIs, adoption metrics, and budget burn-rates into the divisional dashboard every month. * Prepare concise progress briefs for submission to the Manager before monthly Sector Development review meetings. * Maintain a searchable repository of experiment results, ensuring metadata tagging aligns with IA’s Knowledge-Management Taxonomy.Act as primary day-to-day contact for sandbox participants, clarifying IA procedural queries and facilitating timely document exchanges. * Coordinate with Finance & Procurement to initiate purchase orders, follow up on invoice status, and verify deliverables against contracted scope. * Support Directors in adjacent lines of business by providing pilot summaries and scheduling demo sessions that illustrate cross-functional applicability. * Ensure all sandbox activities adhere to IA cyber-security, data-privacy, and sector-specific regulatory requirements, flagging potential breaches to the Compliance function. Document lessons learned after each experiment, conduct root-cause analysis on failed test cases, and recommend process tweaks to the Manager for approval. * Coach newly on-boarded Specialists on IA innovation workflows, templates, and quality-control checkpoints, fostering a culture of operational excellence. * Manage/Own departmental strategic planning, budgeting, staffing, and workforce management to ensure cohesive and efficient InsurTech & Innovation operations aligned with IA’s strategic framework. * Perform other job duties as assigned. The Insurance Authority (IA), the insurance regulator of the Kingdom of Saudi Arabia was established by royal decree No. 85 dated 28/01/1445 H. IA has a clear mandate to become the dedicated regulator for the Kingdom’s insurance sector. The IA aims to regulate, supervise and control the insurance sector in the Kingdom in a way that supports and enhances its effectiveness, works to develop insurance awareness, protect the rights of the insured and beneficiaries, stabilize the insurance sector, contribute to financial stability, promote and develop the insurance sector, and work to consolidate the principles and pillars of the insurance contractual relationship. The Talent Acquisition at IA is dedicated to attracting and hiring talented individuals who share our commitment to excellence and innovation. We ensure an efficient and candidate-friendly hiring process, offering timely responses and a seamless experience. Our team is committed to fostering a diverse and inclusive work environment, where every new team member can thrive and contribute to our success. Join us to be part of a dynamic organization that values growth, collaboration, and continuous development.

Responsibilities

The Manager of InsurTech & Innovation oversees the lifecycle of the Authority’s sandbox and pilot portfolio, ensuring strategic innovation objectives are executed effectively. This role involves collaboration with various stakeholders to launch and monitor technology experiments while safeguarding compliance and generating insights for decision-making.