C

CIC Group

Insurance and financial services

Business Development Manager - Group Life Sales

Full-TimeUpdated on 10/27/2026
No salary listed
Senior, Expert
Bachelor's
Nairobi, Kenya
In Person
Sales & Account ManagementAccount Management, Business Development & Partnerships

About the job

Requirements
  • A Bachelor's degree in Business, Marketing, Insurance, Actuarial Science, Finance, Economics, or a related field.
  • Progress toward a professional certification such as AIIK, ACII, FLMI, or CIM is desirable.
  • At least 7 years of relevant experience in insurance sales, business development, corporate relationship management, or employee benefits, including at least 3 years in a leadership or management role.
  • A demonstrable track record of delivering corporate sales targets and driving sustainable business growth.
  • Strong knowledge of Group Life insurance products, corporate insurance solutions, and distribution channels.
Responsibilities
  • Develop and execute the Group Life corporate sales strategy in line with the Company's overall business objectives.
  • Deliver annual new business and profitability targets.
  • Develop and maintain strategic relationships with key corporate clients, brokers, agents, and other distribution partners.
  • Strengthen the Company's market presence and positioning within the Group Life segment.
  • Lead prospecting and acquisition of profitable Group Life schemes.
  • Coordinate preparation of competitive proposals, tenders, and presentations for major prospects.
  • Drive retention of profitable corporate accounts through proactive renewal management and client engagement.
  • Work with Underwriting and other stakeholders to develop appropriate retention strategies for key schemes.
  • Monitor sales performance by product, intermediary, sector, and distribution channel.
  • Balance premium growth with portfolio quality and profitability.
  • Lead, coach, and develop the Corporate Sales team to deliver agreed business objectives.
  • Build a high-performance, accountable, and customer-focused sales culture.
  • Develop sales forecasts and provide visibility of expected business performance.
  • Present strategic recommendations to Management on growth opportunities, distribution strategy, and market positioning.
  • Ensure all sales activities comply with applicable regulatory requirements, Company policies, and approved underwriting guidelines.
  • Promote ethical selling and appropriate customer outcomes.
Desired Qualifications
  • Progress toward a professional certification such as AIIK, ACII, FLMI, or CIM.

About the company

CIC Group is a East African insurance and financial services group. It provides general insurance, life insurance, health coverage, asset management, and related financial products through operating companies. The group serves individuals, families, businesses, cooperatives, and institutions across its regional markets. Its model combines underwriting and actuarial work with claims, clinical review, investments, distribution, customer service, technology, finance, risk, and compliance. Work spans actuarial, underwriting, claims, nursing review, investments, software, client service, sales, and operations.

Company Size

1-10

Company Stage

N/A

Total Funding

N/A

Headquarters

Betim, Brazil

Founded

2002

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Simplify's Take

What believers are saying

  • July 30, 2026 results showed €3.6 billion revenue and €945 million net income.
  • Loans reached €264.6 billion and deposits €230.4 billion at June 30, 2026.
  • Equity reached €23.0 billion, giving CIC room for lending and product expansion.

What critics are saying

  • Cost of risk jumped 37% to €292 million in H1 2026, pressuring profits.
  • Corporate and institutional banking revenue fell 1.6%, exposing dependence on retail banking.
  • Customer loans exceeded deposits by €34.2 billion, increasing wholesale funding dependence.

What makes CIC Group unique

  • CIC serves 5.8 million customers across 1,500 French branches and 36 countries.
  • July 2026 retail banking revenue rose 11.5%, proving network scale still monetizes.
  • CIC combines retail banking, institutional banking, insurance, and remote surveillance on one platform.

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