Job Description
Our client has an EE opportunity available for a Broker Consultant.
Requirements:
- Matric
- NQF level 6 qualification or a 3-year relevant tertiary qualification would be advantageous.
- RE5 Regulatory Examinations for representatives.
- 60 FAIS credits or full FAIS recognized qualification.
- Class of Business and Product specific training in category 1 life and friendly societies.
- 12+ years of Continuous Professional Development per CPD cycle.
- Knowledge and understanding of insurance legislation.
- Valid drivers license and own vehicle.
- Sound knowledge of long-term insurance or employee benefits products.
- Knowledge of underwriting processes.
- 5+ years experience in the insurance industry in the group funeral or group risk market.
- Broker consulting, trade unions and funeral parlours experience in an insurance company.
- Experience in establishing contacts and relationships with decision makers.
- Proven sales track record.
KPAs:
- Sourcing and securing new business opportunities with corporates, unions, churches, individual clients and more.
- Sourcing new brokers and maintaining relationships.
- Developing and maintaining client relationships in all business levels.
- Ensure that there are no unreasonable post-sales barriers faced by clients.
- Keep updated with competitor products and services offering and industry developments.
- Dealing with queries and providing information on a range of sales and service issues.
- Consistently strive to engage with clients to drive company values.
- Prepare and deliver clear and thoughtful presentations to various clients and potential client audiences with diverse backgrounds.
If no response is received within one week of applying, please consider the application as unsuccessful.
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Other Insurance Jobs in South Africa
In the context of Other Insurance positions in South Africa, it is common to find a steady demand for professionals who can manage and oversee insurance claims, policy administration, and risk management. Typically, this field operates within various industries, including financial services, technology, and manufacturing sectors.
When it comes to salaries, broad ranges can be expected, with typically starting salaries ranging from R200 000 to R300 000 per annum for junior positions, increasing to around R500 000 to R700 000 per annum for more senior roles. However, please note that actual salaries can vary widely depending on factors such as the size of the company, industry sector, experience level, and qualifications held by the individual.
To excel in an Other Insurance role, common skills include strong analytical and problem-solving abilities, excellent communication and interpersonal skills, a solid understanding of insurance policies and regulations, and experience with policy administration software. Additionally, proficiency in Microsoft Office applications, particularly Excel, is often highly valued. Proficiency in languages such as Afrikaans or isiZulu may also be an advantage in certain contexts.
Other Insurance roles can commonly be found within the financial services sector, where companies that offer insurance products to individuals and businesses need professionals to manage claims and policy administration. Technology companies and manufacturing firms also frequently require staff with expertise in this field. In general, organisations across a range of industries value the skills and experience offered by professionals in Other Insurance roles.
Career progression for those in Other Insurance roles is generally good, with opportunities for advancement to senior positions or into specialist roles such as risk management or policy development. With experience and additional qualifications, individuals can progress into leadership roles within an organisation, or transition into related fields such as actuarial science or claims adjusting.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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