Senior Business Development Executive at Sanlam Kenya
Confidential
Nairobi, Kenya
Permanent
Published 1 month ago · Expires 4 weeks from now
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