Job in Kenya
Assistant Manager Business Development – Bancassurance Section
CountyNairobiCityNairobiContractType not specifiedPosted2026-09-22Close dateNot specifiedExperience5 yearsSourceJobWeb Kenya
assistant managerbusiness developmentbancassuranceinsurancesalesNairobifinancial servicescorporate life insurancerelationship buildingsalesinternshipBusiness Development
AI summary
Madison Group Limited is hiring an Assistant Manager, Business Development for its Bancassurance Section in Nairobi. The role involves growing insurance business through banks and saccos, negotiating deals, driving sales targets, training bank staff and ensuring regulatory compliance. Candidates need a Bachelor's degree in Insurance or a business field, 5 years of insurance industry experience, and a professional qualification such as IIK, CII or CIM.
- Grow bancassurance business by identifying opportunities and closing deals with banks and saccos.
- Drive annual, quarterly and monthly production budget targets and monitor sales performance.
- Requires a Bachelor's degree in Insurance or a business-related field plus 5 years of insurance experience.
- Professional qualification in IIK, CII or CIM is required.
- Includes product training for banks, saccos and branch networks, plus premium collections.
- Compliance duties cover KYC, AML and data protection requirements under Kenyan law.
AI job guide
Use this guide to check salary signals, requirements, documents, application steps and safety before you apply.
AI salary guide
Not enough public dataNot enough public salary data is available for this exact role. Before applying, prepare to ask about gross pay, benefits, contract length, probation period, transport and any allowances.
Can you qualify for this role?
- Required5+ years of relevant experienceThe job post includes a minimum experience signal.
- RequiredEducation or certification mentioned in the postThe captured text mentions education, a diploma, certificate, or licence.
- PreferredPractical evidence in sales, internship, Business DevelopmentThe tags and summary point to skills connected with this role.
- RequiredAvailability to work in NairobiThe vacancy is associated with this location.
Documents to prepare
- Likely requiredUpdated CV
- Role specificCover letter or short employer message
- OptionalProfessional references
- Role specificAcademic or professional certificates
- VerifyID or passport only after verifying the employer
Application tips for this job
- Place your strongest Assistant Manager Business Development – Bancassurance Section evidence in the first half of your CV.
- In your cover letter or employer message, connect your experience to Madison Group Limited and the role in Nairobi.
- Add concrete examples related to sales, internship, Business Development, ideally with measurable outcomes or clear responsibilities.
- Follow the instructions from JobWeb Kenya; avoid sending documents to unofficial contacts or copied links.
- Confirm the deadline, interview location and employer contact before sharing personal documents.
- Prepare a polite question about pay, benefits and contract terms for later interview stages.
Source and safety check
- JobWeb Kenya
- Original source link available
- Application method is clear
- Deadline not specified
- No major risk signal was detected in the captured text.
Never pay for interviews, shortlisting, medical checks, uniforms, or job placement. Confirm every application at the original source before sharing personal documents. Report suspicious listing.
Interview preparation
- What experience makes you a strong fit for this Assistant Manager Business Development – Bancassurance Section role in sales, internship?
- How have you handled responsibilities similar to those in this job post?
- Are you available to work in Nairobi under the listed contract or schedule?
- Prepare examples with clear responsibilities, tools used and measurable outcomes.
- Review the source and research Madison Group Limited before the interview.
Ask what the first priorities will be in the role and how success will be measured.
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Original source description
Key
Responsibilities
- Identify bancassurance business opportunities in banks and saccos, negotiate and close business deals within the company quality business guidelines to increase the market share.
- Drive achievement of the annual, quarterly and monthly production budget targets.
- Manage quality of business, productivity, and overall sales performance.
- Provide accurate and competitive quotations for all the products lines and ensure they are delivered promptly to banks and prospective clients.
- Conduct continuous product training for assigned banks, saccos and branch networks.
- Exploit synergy with other Group companies to grow business.
- Identify and evaluate new business opportunities, including potential partnerships, mergers, or acquisitions to enhance the organization’s capabilities and market positioning.
- Collaborate with management team to set strategic goals and targets for the business development team, aligning them with the organization’s overall business objectives.
- Monitor industry developments, regulatory changes, and emerging trends affecting Corporate life.
- Provide insights and recommendations to the management team on product development, pricing strategies, and market positioning
- Premium Collections – Collect all premiums of business debited as per the Company policy.
- Monitor sales performance, track progress against targets, and provide regular reports to the management team.
- Develop and maintain relationships with intermediaries, brokers, and strategic partners.
- Compliance: Stay updated with insurance regulations and underwriting best practices to ensure compliance with industry standards
- Adherence to the laws and regulations of Kenya, the policies and regulations within the insurance industry and all internal company policies and procedures.
- Embrace governance
Requirements
- with respect to KYC/AML/Data protection
- per governing Acts.
- Academic and Professional Qualifications required
- Bachelor’s degree in Insurance or any other business-related field.
- 5 years’
Experience
- in the insurance industry, with demonstrated success in insurance sales and business development
- Professional qualification in IIK, CII or CIM.
- Key Competencies
- Business Development Acumen: Strong understanding of business development principles, strategies, and tactics within the corporate life sector.
- Relationship Building: Excellent interpersonal skills to build and maintain strong relationships with internal & external clients, intermediaries and strategic partners.
- Strategic Thinking. A strategic mindset with the ability to analyse market trends, competitor activities and regulatory changes to identify strategic business opportunities and risks.
- Proficiency in conducting market research and analysis to identify target markets, customer segments, and industry trends.
- Excellent verbal and written communication skills, including the ability to deliver engaging presentations, negotiate contracts and articulate complex concepts to clients and stakeholders.
- Has a results-driven mindset with a focus on achieving business development targets and driving revenue growth.
- Sound financial knowledge, including an understanding of corporate life products, pricing strategies and financial metrics.
Source and provenanceSource: JobWeb Kenya. Last checked: 2026-09-27.Kazi Connect is a job discovery service, not the employer. Always confirm the vacancy at the original source.Summaries may be AI-assisted. Report inaccurate content.
Never pay to apply. Always confirm the original source and watch for payment requests, sensitive document requests, or unrealistic promises.