Business Development Executive at Advocate Insurance Brokers Limited (AIB)

Advocate Insurance Brokers Limited (AIB) is your trusted partner for all your insurance needs in Nigeria. With a focus on Employee Benefits, Physical Assets, Liability Insurance, and more, we are committed to providing comprehensive coverage and personalized service.

AIB offers world-class innovative risk management and insurance solutions, to clients across diverse industries in Nigeria and Africa, ensuring people and businesses thrive in today’s unstable business environment.

We are recruiting to fill the position below:

Job Title: Business Development Executive

Location: Victoria Island, Lagos
Employment Type: Full-time

Job Summary

• Responsible for driving business growth through acquiring new clients in the Insurance Sector, developing lasting relationships, and promoting insurance products and services.
• This role ensures the achievement of revenue targets and contributes to expanding the organization’s visibility and market share within the insurance sector.

Duties and Responsibilities

• Source and secure new insurance business opportunities across target market segments.
• Develop, maintain, and grow relationships with prospective and existing clients in insurance.
• Assess clients’ insurance needs, recommend appropriate products, and prepare customized proposals.
• Collaborate with underwriting, claims, and customer service teams to ensure client satisfaction.
• Maintain accurate client and sales activity records within the CRM system.
• Ensure compliance with regulatory guidelines and internal policies.
• Provide regular business performance updates and sales pipeline reports to management.
• Achieve or exceed assigned revenue and customer acquisition targets.
• Monitor market and industry trends to identify emerging opportunities.
• Lead and participate in presentations, negotiations, and contract finalization processes.

Key Performance Metrics
Key Area - Indicator Example:

• New Business Acquisition:  Number and value of new clients secured
• Revenue Generation: Achievement of sales or premium targets
• Client Retention: Satisfaction scores and renewal rates
• Compliance: Adherence to regulatory and audit standards
• Reporting: Timeliness and accuracy of submitted reports

Qualifications

• Bachelor’s Degree in business administration, Marketing, Insurance, or a related discipline.
• Deep understanding of insurance products and the Nigerian insurance market environment.
• Strong communication, negotiation, and strategic relationship management skills.
• Proficiency in CRM tools and Microsoft Office suite.
• Minimum of 4 years’ experience in insurance business development, sales, or marketing.
• Proven record of achieving measurable business growth targets.

Working Conditions:

• Standard office hours (Monday–Friday); extended hours may apply.
• Occasional travel for client meetings, conferences, or training programs.
• Requires consistent use of technology, insurance platforms, and CRM software

Salary
N500,000 - N700,000 / Month.

How to Apply
Interested and qualified candidates should send their CV to: [email protected] using the Job Title as the subject of the email.

Application Deadline 7th December, 2025.