Saudization of ins. jobs at 69%
Wednesday, 09 12 2018, Category: Insurance and Reinsurance, Country: Saudi Arabia
The statistics showed that the percentage of Saudis in insurance companies reached 69% of total employees at the end of year 2017 compared to 58% in the previous year.
The percentage of Saudis in non-management positions reached 73% in year 2017 compared to 64% in year 2016. However, the percentage of Saudis in management positions increased from 36% in year 2016 to 49% in year 2017.
Moreover, the Saudi Arabian Monetary Authority enforced last year the Saudization of all motor insurance claims departments as well as customer service departments.