# Business Development Manager Job Turaco

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Company: Turaco

Category: Sales

Location: Kenya

Work type: Full-time

Work arrangement: On-site

Published: 2026-10-13

Expires: 2026-11-28

## Job Description

Sales & Marketing Jobs, Turaco Jobs. Business Development Manager – Bancassurance & Alternative Channels drives bancassurance sales and partner channel growth, requires a Business Degree and 4+ years bancassurance experience. Full-time role in Nairobi.

About the Role

- We are looking for an ambitious, commercially driven Business Development Manager – Bancassurance & Alternative Channels to accelerate Turaco’s growth in Kenya.

- This is a frontline business acquisition role for someone who enjoys opening doors, building senior-level relationships, negotiating partnerships and closing deals.

- The successful candidate will identify and secure new distribution partnerships, develop innovative embedded insurance opportunities and deliver measurable growth in Gross Written Premium (GWP).

- We are looking for a hunter who can build relationships, convert opportunities into signed partnerships and turn those partnerships into sustainable revenue.

### Key Responsibilities

New Business Acquisition & Partnerships

- Identify, prospect and acquire new partners across banks, SACCOs, MFIs, fintechs, digital lenders, mobile network operators, aggregators and other alternative distribution channels.

- Build relationships with senior decision-makers, including CEOs, Managing Directors, Heads of Bancassurance and Commercial Leaders.

- Lead the full business development cycle, from prospecting and pitching to negotiation, contracting and commercial launch.

- Develop a healthy pipeline of high-value opportunities aligned with Turaco’s growth ambitions.

- Identify opportunities to displace competitors and expand Turaco’s market share.

Revenue Growth & Commercial Performance

- Own and deliver assigned new-business GWP targets.

- Translate partnerships into measurable premium production and customer acquisition.

- Develop commercially attractive proposals and negotiate sustainable partnership terms.

- Monitor pipeline conversion, projected revenue and deal closure timelines.

- Identify cross-selling and expansion opportunities within newly acquired partnerships.

Bancassurance & Alternative Channel Development

- Develop tailored insurance propositions for retail banking, SME banking, lending, digital finance and other partner ecosystems.

- Work with internal teams to structure embedded insurance, credit life, hospital cash and other relevant protection solutions.

- Understand prospective partners’ business models and identify natural points for insurance integration.

- Support commercially viable product innovation that improves insurance penetration and customer value.

Partnership Launch & Execution

- Coordinate with Product, Insurance Operations, Technology, Finance and Partnerships teams to ensure timely onboarding and activation.

- Own commercial readiness and agreed launch timelines for newly signed partners.

- Ensure successful handover to the Partnership Success team, with clear growth objectives and documented commitments.

- Remain accountable for ensuring acquired partnerships progress from signed contracts to revenue generation.

Market Intelligence & Competitive Positioning

- Maintain strong knowledge of Kenya’s bancassurance, microinsurance and alternative distribution landscape.

- Track competitor propositions, pricing, distribution strategies and emerging opportunities.

- Identify underserved customer segments and innovative distribution models.

- Represent Turaco at relevant banking, insurance, fintech and industry forums.

Key Qualifications

- Bachelor’s degree in Business, Insurance, Finance, Marketing, Economics or a related discipline.

- At least 5 years of relevant business development or institutional partnership acquisition experience, preferably in insurance, bancassurance, fintech or financial services.

- Proven success in originating, negotiating and closing commercial partnerships.

- Established relationships within Kenya’s banking, SACCO, MFI, fintech or financial services ecosystem.

- Good understanding of insurance distribution, embedded insurance or credit-linked protection products.

- Strong commercial negotiation, presentation and financial analysis skills.

- Ability to engage and influence C-suite executives and senior decision-makers.

- Insurance qualifications such as COP, AIIK or ACII are an added advantage.

The Person Who Will Thrive Here

- We are looking for someone who:

- Is a natural hunter: Proactively creates opportunities rather than waiting for leads.

- Knows how to close: Turns conversations and proposals into signed, revenue-generating partnerships.

- Builds trust: Develops meaningful, long-term relationships with decision-makers.

- Owns results: Takes personal responsibility for pipeline progress, targets and commercial delivery.

- Thinks creatively: Sees opportunities to embed insurance where others may not.

- Moves with urgency: Follows through, removes obstacles and consistently delivers.

- Works collaboratively: Brings internal teams together to deliver exceptional partner and customer experiences.

How Success Will Be Measured

- Performance will be assessed against:

- New strategic partnerships originated and signed.

- New-business GWP generated against assigned targets.

- Quality, value and conversion rate of the sales pipeline.

- Time taken to convert prospects into commercially active partners.

- Revenue contribution and growth potential of acquired partnerships.

- Quality of commercial execution, partner handover and cross-functional collaboration.

### How to Apply

Click here to apply

## Apply

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