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South Africa: Internal/Key Account Broker

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Job Description

About the Role

We are seeking a highly skilled Internal/Key Account Broker to join our team in Umhlanga, Kwa Zulu Natal. As an experienced underwriter, you will be responsible for managing a portfolio of existing clients through proactive underwriting and administrative support, ensuring timely follow-ups and resolutions on unpaid premiums.

Key Responsibilities

  • Manage a portfolio of existing clients through proactive underwriting and administrative support
  • Maintain proactive communication with clients to understand their insurance needs and provide appropriate solutions
  • Monitor and manage unpaid premiums, ensuring timely follow-ups and resolutions
  • Liaise with clients and insurers to resolve outstanding payment issues
  • Proactively manage policy renewals processes, ensuring policies are reviewed, updated, and renewed in a timely manner
  • Prepare and present renewal terms and alternatives, conducting risk assessments and portfolio reviews
  • Implement effective client retention strategies, reducing lapse rates and maintaining portfolio value
  • Process policy endorsements efficiently and accurately, including changes in cover asset details or client information

Requirements

  • Matric (Grade 12) certificate
  • RE5 certificate
  • NQF Level 4 qualification in financial services
  • Minimum of 2 years underwriting experience
  • Experience in both personal and commercial lines underwriting

Qualifications

  • Matric (Grade 12) certificate
  • RE5 certificate
  • NQF Level 4 qualification in financial services

How to Apply

About Accounting / Finance Jobs in ZA

In the South African job market, Accounting and Finance positions are in high demand across various industries. Typically, these roles require a strong foundation in financial management, planning, and analysis. Generally, professionals with expertise in accounting and finance are sought after to support businesses in making informed decisions.

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When it comes to salary expectations for Accounting and Finance roles in South Africa, it’s common for entry-level positions to start within the R300 000 – R500 000 per annum bracket. As one gains experience, salaries can increase to R800 000 – R1 200 000 or more, depending on factors such as company size, industry sector, and individual performance. However, it’s essential to note that these are broad ranges and actual salaries may vary significantly.

Common skills required for Accounting and Finance roles in South Africa include proficiency in financial software (e.g., Xero, Sage), strong analytical and problem-solving skills, attention to detail, excellent communication and interpersonal skills, and the ability to interpret financial data. Typically, candidates with a degree in Accounting or a related field are preferred, although experience and certifications can also be valuable.

The accounting and finance industry is diverse and can be found across various sectors, including financial services, technology, manufacturing, and more. In general, companies in these industries require professionals who can provide expertise on financial planning, budgeting, and forecasting. Often, these roles involve working closely with management to develop and implement financial strategies.

For those interested in pursuing a career in Accounting or Finance, there are several career progression paths available. Typically, entry-level positions lead to senior finance or accounting roles, such as financial controller or accountant manager. With experience and further education, professionals can move into leadership positions, including chief financial officer (CFO) or equivalent.


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

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