How many employees work at Mutual Benefits Assurance?
Mutual Benefits Assurance Plc (MBENEFIT) has approximately 311 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. Mutual Benefits Assurance’s total headcount has declined 2.1% from 318 employees in 2023 to 311 in 2026.
Is Mutual Benefits Assurance hiring right now?
Yes, Mutual Benefits Assurance is actively hiring. Mutual Benefits Assurance had 5 active job postings in 2026, a 46.2% decline from 2025 — see job openings & hiring trends.
About Mutual Benefits Assurance’s Workforce
Mutual Benefits Assurance Plc (MBENEFIT) is a Financial Services company that employs 311 people worldwide as of March 2026. It is the 11th-largest by headcount among its peers. Founded in 1995, the company is headquartered in Lagos, Nigeria and trades on the Nigerian Stock Exchange.
Mutual Benefits Assurance's workforce has declined 2.1% from 2023 to 2026, down 0.3% year over year in 2026. It fell to a low of 301 in 2024 Q4 before recovering. Its workforce is concentrated most in Sub-Saharan Africa (98.6%), followed by Northern Europe (0.8%) and North America (0.4%).
Mutual Benefits Assurance's functional groups are Finance and Operations (43.8%), Engineering (43.8%), and Sales and Marketing (12.4%), with Finance and Operations growing fastest (up 0.6%). The average salary is $11,445, ranging from a median of $59,000 in Northern Europe to $9,000 in Sub-Saharan Africa, down 1.1% year over year in 2026.
Mutual Benefits Assurance's active job postings fell 46.2% in 2026 to 5, with new postings per month climbing from 1 in 2023 to 3 in 2026. Overall employee sentiment is neutral and broadly stable.
Sourced from Revelio Labs workforce data.
- Ticker
- Nigerian Stock Exchange: MBENEFIT
- Headquarters
- Lagos, Nigeria
- Founded
- 1995
- Industry
- Financial Services
- Employees
- 311
- YoY
- -0.3% (+6)
As of March 2026
Mutual Benefits Assurance workforce metrics
Unlock hiring rate, attrition rate, and 12 additional workforce metrics for Mutual Benefits Assurance. Compare to peers, export the dataset, and access the full quarterly history.
Unlock MetricsMutual Benefits Assurance Annual Employee Count (2023-2026)
- Mutual Benefits Assurance had 311 employees in 2026, a 0.3% decline (+6) from 2025.
- Mutual Benefits Assurance had 310 employees in 2025, a 0.6% increase (+9) from 2024.
- Mutual Benefits Assurance had 301 employees in 2024, a 0.6% decline (-8) from 2023.
- Mutual Benefits Assurance had 309 employees in 2023, a 0.8% increase (-15) from 2022.
Mutual Benefits Assurance's total workforce has grown from 301 employees in 2024 to 311 in 2026. Mutual Benefits Assurance's headcount peaked at 318 in 2023 before declining in 2024 and recovering through 2025 and 2026.
Mutual Benefits Assurance Plc quarterly employee count
| Year | Qtr | Employees | YoY Change | YoY % |
|---|---|---|---|---|
| 2026 | Q1 | 311 | +6 | -0.3% |
| 2025 | Q4 | 310 | +9 | +0.6% |
| 2025 | Q3 | 309 | +5 | +0.5% |
| 2025 | Q2 | 309 | +2 | -0.1% |
| 2025 | Q1 | 305 | +0 | -0.1% |
| 2024 | Q4 | 301 | -8 | -0.6% |
| 2024 | Q3 | 304 | -9 | +0.9% |
| 2024 | Q2 | 307 | -11 | +1.0% |
| 2024 | Q1 | 305 | -11 | +2.4% |
| 2023 | Q4 | 309 | -15 | +0.8% |
| 2023 | Q3 | 313 | -13 | +0.2% |
| 2023 | Q2 | 318 | -11 | +0.8% |
See Mutual Benefits Assurance's complete headcount history, including quarterly breakdowns.
Get the DataMutual Benefits Assurance Employee Count by Region (2026)
Sub-Saharan Africa accounts for the largest share of Mutual Benefits Assurance's global workforce with approximately 99% of total employees, followed by Northern Europe and North America.
Mutual Benefits Assurance employees by region
| Region | Employees | % of Total |
|---|---|---|
| Sub-Saharan Africa | 305 | 98.6% |
| Northern Europe | 2 | 0.8% |
| North America | 1 | 0.4% |
| Pacific Islands | 0 | 0.1% |
| Southern Europe | 0 | 0.0% |
| Central America and the Caribbean | 0 | 0.0% |
| Western Europe | 0 | 0.0% |
Drill into city-level data, hiring trends by region, and historic geographic shifts.
Unlock Geographic DataMutual Benefits Assurance Employee Count by Department (2026)
Mutual Benefits Assurance's employee groups are Finance and Operations (43.8%), Engineering (43.8%), and Sales and Marketing (12.4%).
Mutual Benefits Assurance employees by department
| Department | Employees | % of Total |
|---|---|---|
| Finance and Operations | 136 | 43.8% |
| Engineering | 136 | 43.8% |
| Sales and Marketing | 38 | 12.4% |
Compare Mutual Benefits Assurance's department mix to industry peers.
See Full DataMutual Benefits Assurance Employee Salary by Region (2026)
Mutual Benefits Assurance's average employee salary is $11,445 globally. Employees in Northern Europe receive the highest compensation, with median pay approximately 5.2x the global average. Pay is lowest in Sub-Saharan Africa, at a median of $9,000.
Mutual Benefits Assurance median employee salary by region (USD)
| Region | Median Salary |
|---|---|
| Northern Europe | $59,000 |
| North America | $40,000 |
| Sub-Saharan Africa | $9,000 |
Unlock salary by role, level, and city — and compare to Mutual Benefits Assurance's industry peers.
Unlock Salary DataMutual Benefits Assurance Job Openings and Hiring Trends (2023-2026)
- Mutual Benefits Assurance had 5 active job postings in 2026, a 46.2% decline (-4) from 2025.
- Mutual Benefits Assurance had 9 active job postings in 2025, a 57.1% increase (+4) from 2024.
- Mutual Benefits Assurance had 5 active job postings in 2024, a 50.0% increase (+2) from 2023.
- Mutual Benefits Assurance had 3 active job postings in 2023, a 100.0% increase from 2022.
- Hiring velocity in 2026: 3 new roles/month, down from 5 in 2025 and 8 in 2024.
Mutual Benefits Assurance's active job postings fell 46.2% in 2026 to 5, with new postings per month climbing from 1 in 2023 to 3 in 2026.
Track new postings per month, role-level demand, and hiring velocity vs. peers.
Unlock Hiring DataMutual Benefits Assurance Employee Sentiment (2026)
Revelio Labs tracks employee sentiment across Mutual Benefits Assurance's workforce based on public professional data. Overall sentiment is neutral and has held steady year over year in 2026.
Overall
Unlock the full sentiment breakdown by department, tenure, and trend over time.
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Frequently Asked Questions About Mutual Benefits Assurance
- How fast is Mutual Benefits Assurance growing?
- In 2026, Mutual Benefits Assurance's headcount shrank 0.3% to 311 employees, up from 305 in 2025.
- See the full headcount history
- Where are Mutual Benefits Assurance employees located?
- Most Mutual Benefits Assurance employees are based in Sub-Saharan Africa (98.6% of headcount), followed by Northern Europe and North America.
- Explore where the workforce is based
- What is the average salary at Mutual Benefits Assurance?
- The average employee salary at Mutual Benefits Assurance is approximately $11.4k per year.
- Analyze the salary distribution
- How many new job postings does Mutual Benefits Assurance open per year?
- In Q1 2026, Mutual Benefits Assurance opened 8 new job postings. In 2025, Mutual Benefits Assurance opened 62 new job postings — about 5 per month.
- Track hiring trends by role
- When was Mutual Benefits Assurance founded and where is it headquartered?
- Mutual Benefits Assurance was founded in 1995 and is headquartered in Lagos, Nigeria.
- Compare Mutual Benefits Assurance to industry peers
Speak with a workforce expert about Mutual Benefits Assurance.
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