Cape Town: Risk Specialist Cape Town posted by Status Staffing

About the Role

We are seeking an experienced Risk Specialist to join our Wealth Management team in Cape Town. As a permanent employee, you will be responsible for providing risk advice and servicing life risk products to our clients. You will work closely with Wealth Advisors and Wealth Specialists to identify gaps in client cover and recommend suitable solutions.

Key Responsibilities

• Take ownership of an allocated portfolio of risk clients.
• Provide ongoing policy servicing, including reviews, amendments, and claims support.
• Ensure all clients are serviced in accordance with FAIS requirements.
• Act as the primary point of contact for all risk-related client queries.
• Provide appropriate risk advice across life, disability, severe illness, and income protection products.
• Conduct needs analyses and ensures suitable product recommendations.
• Assist Wealth Advisors and Wealth Specialists with risk planning for their clients.
• Identify gaps in client cover and recommend appropriate solutions.
• Assist with the onboarding and integration of risk books from merger partners.
• Review existing policies to ensure relevance, competitiveness, and compliance.
• Engage with clients from acquired books to establish ongoing relationships.
• Liaise with life insurers regarding underwriting, policy servicing, and claims.
• Maintain strong relationships with key product providers.
• Ensure accreditation requirements with relevant insurers are maintained.
• Ensure all advice and servicing activities comply with FAIS and internal compliance standards.
• Maintain accurate and up-to-date client records on Xplan or relevant CRM systems.
• Assist with audit requirements and provide necessary documentation when required.
• Identify opportunities to grow the risk book within the existing client base.
• Support Wealth Advisors in cross-selling risk solutions.

Requirements

• 3–7+ years’ experience in risk insurance or financial services.
• Grade 12 (Matric).
• Relevant financial qualification (e.g., CFP or NQF-aligned qualification).
• FAIS compliant for providing risk advice.
• Product accreditation with major life insurers (or willingness or ability to obtain).
• Proven experience in advising on and servicing life risk products.
• Proficient in Microsoft Office.
• Computer literate and technologically savvy.
• Experience working with a CRM system (e.g., XPlan).
• Valid driver’s license.
• Fluent in verbal and written English and Afrikaans.
• Strong technical knowledge of risk products and structuring.
• Excellent client relationship management and communication skills.
• High attention to detail with strong administrative accuracy.
• Ability to work independently and within a team.
• Strong compliance awareness and commitment to ethical standard.

Qualifications

• Relevant financial qualification (e.g., CFP or NQF-aligned qualification).

Salary & Benefits

• Market related salary.

Hours

Monday to Friday: 08:00 – 17:00