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Gauteng: New Business Insurance Broker posted by Sixty60 Recruitment

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Job Description

About the Role

A well-established Insurance Brokerage in Pretoria East is seeking an experienced New Business Insurance Broker to join their team. The ideal candidate will be responsible for evaluating applications, calculating quotations, and ensuring the company minimizes exposure to losses while offering clients comprehensive and cost-effective policies.

Key Responsibilities

  • Evaluate insurance proposals, assess risk factors, and determine coverage terms.
  • Assist in securing new clients by providing competitive quotations and risk assessments.
  • Prepare and present quotations to clients, ensuring clarity and accuracy.
  • Process policy applications, endorsements, renewals, and cancellations.
  • Ensure proper documentation and processing of policy attachments.
  • Assess policy renewals and adjust terms as necessary.
  • Handle day-to-day policy administration, respond to client inquiries, and provide support for policy-related matters.

Requirements

  • Bachelor’s degree in a relevant field (Insurance, Finance, Business, or related discipline preferred).
  • 2 + years of experience in the insurance industry.
  • RE5 license.
  • Strong analytical and decision-making skills.
  • Excellent communication and negotiation abilities.
  • Experience with Tial software.

Qualifications

  • Bachelor’s degree in a relevant field (Insurance, Finance, Business, or related discipline).

Salary & Benefits

Negotiable – depending on experience and qualifications.

How to Apply

Click the green “Go Apply” button below to apply directly online with the employer.

About Other Insurance Jobs in Gauteng

The Other Insurance (OI) industry is a significant sector in Gauteng, South Africa, offering a range of career opportunities for professionals with the right skills and experience. Typically, OI roles are in demand across various industries, including financial services, technology, and manufacturing, as companies seek to manage and mitigate risks associated with their operations.

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Generally, OI specialists in Gauteng can expect salaries that vary widely depending on factors such as level of experience, company size, and industry sector. While broad salary ranges cannot be provided due to the variable nature of these factors, it is common for experienced OI professionals to earn between R600 000 and R1 200 000 per annum, while entry-level roles may start at around R300 000 to R500 000 per annum. However, salaries can fluctuate depending on individual circumstances.

Common skills required for OI roles in Gauteng include expertise in financial management, risk analysis, data interpretation, communication, and project management. Other essential skills often include proficiency in insurance software, analytical thinking, problem-solving, and the ability to work under pressure. Many OI professionals also hold relevant certifications or degrees in fields such as actuarial science, business administration, or economics.

The financial services sector is a significant employer of OI professionals in Gauteng, with other industries such as technology and manufacturing also commonly hiring for these roles. Other sectors that may employ OI specialists include healthcare, construction, and logistics. In terms of career development, many OI professionals in Gauteng progress to senior roles within their current organisations or move into related fields such as risk management, auditing, or claims handling.

For those seeking a career in OI, it is essential to develop a broad range of skills and experience, often through formal education and training. Many OI professionals in Gauteng have pursued certifications such as the Fellow of the Institute of Actuaries (FIA) or the Chartered Insurance Practitioner (CIP). Building strong relationships with clients, colleagues, and stakeholders is also crucial for success in this field.

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This information provides general career guidance. Actual salaries and requirements vary by employer.



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