Senior Business Development Executive at Sanlam Kenya

Confidential

Nairobi, Kenya Permanent

Published 1 month ago · Expires 4 weeks from now

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Job description

## Title: Senior Business Development Executive

Key Responsibilities

  • Identify, prospect, and convert new corporate opportunities
  • Develop tailored insurance and financial solutions including Group Life, Annuities, Securities, and Retirement Drawdown
  • Prepare tenders, proposals, pricing requests, and pitch presentations
  • Achieve annual new business targets in premium, revenue, and Value of New Business (VNB)
  • Manage relationships with HR, finance leaders, brokers, agents, and intermediaries
  • Handle client onboarding, renewals, premium reviews, escalations, and queries
  • Conduct client reviews to support retention and cross-sell opportunities
  • Train and support channel partners on products and processes, and track their performance
  • Provide competitive intelligence on pricing and product trends
  • Support sales strategies, product enhancements, and maintain accurate pipeline reporting
  • Identify opportunities for cross-selling within the group to offer integrated corporate financial solutions
  • Manage broker and intermediary engagement

Key Performance Indicators (KPIs)

  • Corporate new Business Premium (GWP)
  • Corporate revenue and VNB contribution
  • Corporate client retention rate and renewal efficiency
  • Quality of business (claims ratios and compliance)
  • Pipeline conversion rate

Qualifications and Experience

  • Bachelor's degree in Business, Finance, Insurance, Economics, or related fields
  • Progress towards professional qualifications (CII, ACII, IIQMA, or any relevant professional body)
  • Minimum of 5–7 years of relevant experience

Technical Skills and Attributes

  • Proven track record in acquiring and managing corporate accounts
  • Strong understanding of Group Life and Retirement solutions
  • Knowledge of underwriting, claims processes, and pricing dynamics
  • High-level presentation, negotiation, and tender management skills
  • Strong analytical skills with ability to interpret financial and actuarial reports

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