How many employees work at Mutual Benefits Assurance?
Mutual Benefits Assurance Plc (MBENEFIT) has approximately 412 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. Mutual Benefits Assurance's total headcount has declined 3.3% from 426 employees in 2023 to 412 in 2026.
Data source: Revelio LabsCoverage: Global workforce, 2023–2026Published July 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 412 people worldwide as of March 2026. It is the 10th-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 3.3% from 2023 to 2026, though it is up 1.1% year over year in 2026. It fell to a low of 402 in 2024 Q4 before recovering. Its workforce is concentrated most in Nigeria (98.6%), followed by the United Kingdom (0.9%) and Niger (0.2%), with Nigeria, its fastest-growing location, up 1.0%.
Mutual Benefits Assurance's largest functional groups are Finance and Operations (46.3%), Engineering (42.8%), and Sales and Marketing (10.9%), with Finance and Operations growing fastest (up 2.2%). Median employee tenure is 5.6 years. The average salary is $11,706, ranging from a median of $59,000 in Northern Europe to $10,000 in Sub-Saharan Africa.
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.
As of March 2026
Mutual Benefits Assurance
workforce metrics
Headcount
412
1.1% YoY
Avg. Salary
$11.7k
2.7% YoY
Tenure
5.6yr
0.1yr YoY
Growth Rate
1.1%
2.8pts YoY
Hiring Rate
Attrition Rate
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.
- Mutual Benefits Assurance had 412 employees in 2026, a 1.1% increase (+5) from 2025.
- Mutual Benefits Assurance had 409 employees in 2025, a 1.6% increase (+7) from 2024.
- Mutual Benefits Assurance had 402 employees in 2024, a 3.8% decline (-16) from 2023.
- Mutual Benefits Assurance had 418 employees in 2023, a 4.5% decline (-19) from 2022.
Mutual Benefits Assurance's total workforce has grown from 402 employees in 2024 to 412 in 2026. Mutual Benefits Assurance's headcount peaked at 426 in 2023 before declining in 2024 and recovering through 2025 and 2026.
Mutual Benefits Assurance Plc — quarterly employee count (2023–2026)
| Year | Qtr | Employees | YoY Change | YoY % |
|---|---|---|---|---|
| 2026 | Q1 | 412 | +5 | +1.1% |
| 2025 | Q4 | 409 | +7 | +1.6% |
| 2025 | Q3 | 413 | +4 | +0.9% |
| 2025 | Q2 | 413 | -2 | -0.6% |
| 2025 | Q1 | 407 | -7 | -1.7% |
| 2024 | Q4 | 402 | -16 | -3.8% |
| 2024 | Q3 | 409 | -13 | -3.1% |
| 2024 | Q2 | 415 | -11 | -2.4% |
| 2024 | Q1 | 414 | -12 | -3.0% |
| 2023 | Q4 | 418 | -19 | -4.5% |
| 2023 | Q3 | 422 | -20 | -4.6% |
| 2023 | Q2 | 426 | -22 | -5.1% |
Want to see Mutual Benefits Assurance's complete headcount history back to 2008, including quarterly breakdowns?
Nigeria accounts for the largest share of Mutual Benefits Assurance's global workforce with approximately 99% of total employees, followed by the United Kingdom and Niger. Mutual Benefits Assurance's headcount in Nigeria is growing fastest among its major locations, up 1.0% year over year in 2026.
Mutual Benefits Assurance employees by country — 2026
| Country | Employees | % of Total | YoY % |
|---|---|---|---|
| Nigeria | 400 | 98.6% | +1.0% |
| United Kingdom | 4 | 0.9% | +0.0% |
| Niger | 1 | 0.2% | -102.3% |
| Northern Mariana Islands | 0 | 0.1% | +0.0% |
| Canada | 0 | 0.1% | -158.8% |
| United States | 0 | 0.0% | +0.0% |
| Portugal | 0 | 0.0% | +0.0% |
| Mauritius | 0 | 0.0% | +0.0% |
| Germany | 0 | 0.0% | +0.0% |
| Norway | 0 | 0.0% | +0.0% |
Drill into city-level data, hiring trends by region and historic geographic shifts
Mutual Benefits Assurance's largest employee groups are Finance and Operations (46.3%), Engineering (42.8%), and Sales and Marketing (10.9%).
Mutual Benefits Assurance employees by department — 2026
| Department | Employees | % of Total | YoY % |
|---|---|---|---|
| Finance and Operations | 189 | 46.3% | +2.2% |
| Engineering | 175 | 42.8% | -0.8% |
| Sales and Marketing | 45 | 10.9% | -5.8% |
Compare Mutual Benefits Assurance's department mix to industry peers.
Mutual Benefits Assurance's average employee salary is $11,706 globally. Employees in Northern Europe receive the highest compensation, with median pay approximately 5.0x the global average. Pay is lowest in Sub-Saharan Africa, at a median of $10,000.
Mutual Benefits Assurance median employee salary by region — 2026 (USD)
| Region | Median Salary |
|---|---|
| Northern Europe | $59,000 |
| Northern America | $40,000 |
| Sub-Saharan Africa | $10,000 |
Unlock salary by role, level, and city — and compare to Mutual Benefits Assurance's industry peers.
- 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. New metric
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.
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.
Similar Financial Services Companies by Employee Count
- How fast is Mutual Benefits Assurance growing?
- In 2026, Mutual Benefits Assurance's headcount grew 1.1% to 412 employees, up from 407 in 2025.
- Where are Mutual Benefits Assurance employees located?
- Most Mutual Benefits Assurance employees are based in Nigeria (98.6% of headcount), followed by the United Kingdom and Niger.
- What is the average salary at Mutual Benefits Assurance?
- The average employee salary at Mutual Benefits Assurance is approximately $11.7k per year.
- How many people does Mutual Benefits Assurance hire per year?
- In 2026, Mutual Benefits Assurance opened roughly 36 new roles — about 3 per month.
- When was Mutual Benefits Assurance founded and where is it headquartered?
- Mutual Benefits Assurance was founded in 1995 and is headquartered in Lagos, Nigeria.
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