28 September 2026
The Insurance Authority (IA) is participating in the launch of five specialized training programs offered by the Financial Academy to qualify more than 125 recent graduates, in partnership with the Sector Skills Councils at the Ministry of Human Resources and Social Development and the Human Resources Development Fund (HRDF).
Covering priority areas for the insurance sector, the programs target recent graduates and health insurance technicians, combining specialized training skills with professional qualifications to enhance participants' readiness for the work market.
Mr. Sultan Al-Qahtani, Official Spokesperson for the Insurance Authority, explained that these initiatives are part of the IA's efforts to develop human capabilities and prepare qualified Saudi talent for careers in the insurance sector. These efforts align with the IA's aspirations to deliver on the promises of the National Insurance Sector Strategy (NIS), which places significant emphasis on human capital as one of its key enabling programs.
Al-Qahtani added that the NIS outlines eight initiatives to meet the insurance sector's workforce needs by establishing an integrated workforce development ecosystem and providing incentives and specialized professional training programs. The initiatives also seek to strengthen partnerships with academic institutions, regulatory bodies, and industry leaders to align skills development with market needs, contributing to the goal of doubling the number of jobs in the insurance sector to more than 38,000 by 2030. The IA's participation also reflects its commitment to building a strong and sustainable insurance market that supports the objectives of the Financial Sector Development Program under Saudi Vision 2030.