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Head Business Development

Head Business Development

Palesa Mbali GroupSandton, South Africa
30+ days ago
Job description

Job Purpose

The Head of Business Development plays a strategic leadership role in driving business

growth through product innovation, opportunity assessment, strategic enablement, and

commercialization across Life and Non-Life insurance segments. The incumbent will

manage a portfolio of development initiatives, lead innovation through research and

insights, and build strategic partnerships that enhance the organisation’s market presence

and client value proposition.

Key Responsibilities

Strategic Growth & Innovation

  • Lead cross-functional collaboration to manage the end-to-end product

development lifecycle.

  • Identify and assess new business opportunities through market research,
  • competitor analysis, and innovation frameworks.

  • Drive the commercialization of products and expansion into new channels and
  • market segments.

  • Lead the ideation and implementation of solutions through the Innovation Hub,
  • ensuring alignment with strategic priorities.

    Portfolio & Initiative Management

  • Deliver on the Business Development team’s strategic Book of Work aligned to a 3-
  • year roadmap and stakeholder requirements.

  • Monitor and support pilot projects to evaluate success metrics and scalability.
  • Communicate initiative outcomes in internal forums to enable informed decision-
  • making and operational execution.

    Stakeholder Engagement & Enablement

  • Build and sustain effective relationships with internal departments (e.g. Product,
  • Distribution, Enablement, Marketing) and key external partners.

  • Collaborate with Product Portfolio Managers and the Marketing Team to conduct
  • research and benchmark offerings across the portfolio.

  • Actively participate in product and execution forums to manage product and
  • development pipelines.

    Business Case Development & Risk Integration

  • Develop business cases with clear insights, market analysis, financial modeling,
  • and execution plans.

  • Incorporate risk, governance, and compliance requirements into all business
  • development initiatives.

  • Recommend and lead process improvements that support scalability and enhance
  • delivery impact.

    Leadership & Talent Development

  • Lead, mentor, and support a team of Business Development Managers to ensure
  • strategic alignment and performance.

  • Foster a culture of learning, innovation, and execution excellence within the team.
  • Support personal and professional growth through targeted development initiatives
  • and succession planning.

    Qualifications & Experience

    Minimum Qualifications :

  • Matric / National Senior Certificate (Essential)
  • Master’s Degree in Business Administration, Insurance, Strategy, or related field
  • (Preferred)

    Experience :

  • Minimum of 8 years' experience in business development, opportunity
  • management, research, and project management within the Financial Services or

    Insurance industry.

  • Proven experience in leading multifunctional teams, launching new
  • products / services, and developing strategic partnerships.

    Knowledge & Skills

  • Strong understanding of :
  • o Business principles and financial acumen

    o Strategic communication and stakeholder engagement

    o Governance, Risk, and Compliance frameworks

    o Product development, innovation, and commercialization

    o Research and market insight methodologies

    o Project and portfolio management practices

    o Operational systems and business process optimization

    Behavioural Competencies

  • Innovation – Champions and drives creative thinking and new market solutions
  • Strategic Decision Making – Assesses opportunity and risk to guide direction
  • Planning and Organising – Manages complex workstreams with structure and
  • discipline

  • Building Partnerships – Creates value through strong collaboration and influence
  • Continuous Learning – Promotes professional development and curiosity
  • Technical / Professional Expertise – Applies deep industry knowledge with strategic
  • int

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    Head Development • Sandton, South Africa

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