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Broker Consultant: Port Elizabeth
2 weeks ago
Broker Consultant for a perm position in
Port Elizabeth. The main objectives of this position is to recruit, maintain and develop brokers and achieve set targets.
- Matric
- Diploma/Degree/Long-Term Insurance qualification (qualification recognized by the FSCA)
Technical/Legal Certification:
- Regulatory Examination Level 1: Representatives
- Regulatory Examination Level 1: Key Individual (Advantage)
Experience
- 2 years of Project Management
- 2 years experience in the Long-Term Insurance industry
- Min 1 year's experience in Advice and Intermediary experience in categories A, B, C, and retail benefits
- 1 year's management experience in the insurance industry
Duties
-
Develop and maintain a sales and marketing plan
- Develop and implement an integrated sales & marketing plan
- Review progress and compile reports on progress made
Recruit Brokers
- Grow distribution channel by sourcing and selecting appropriate brokers
- Prepare and present appropriate documentation of Brokers for the CCC
Provide support to brokers
- Handle administration queries on behalf of dedicated brokers
- Check business methods of dedicated brokers and advise accordingly
- Update brokers on Assupol products and services regularly
- Ensure computer software for brokers are up to date in respect of Assupol products and services
- Build professional business relationships with brokers
Offer training to brokers and their sub-agents
- Facilitate product training
- Facilitate any other form of training that will enhance the broker's production
- Keep a record of training interventions
- Forward all relevant training info to Head Office
Identity and develop new and current markets
- Identify and develop new markets
- Negotiate stop order markets
- Maintain contacts with key decision makers and insurance industry resources (new and existing)
- Retain and increase market share in existing markets
- Manage the business retention
- Conduct products presentations in the market
Maintain production targets and retain business
- Identify and develop new markets
- Ensure and monitor set production targets are achieved
- Maintain business retention
Knowledge and Skills
Formal Education
- Matric
- Diploma/Degree/Long Term Insurance qualification (a qualification that is recognised by the FSCA)
- Technical/Legal Certification
- Regulatory Examination Level 1: Representatives
- Regulatory Examination Level 1: Key Individual (Advantage)
Experience
- 2 years Project Management
- 2 years' experience in the Long-Term Insurance industry
- Minimum 1year Advice and Intermediary experience in category A, B, C, and retail benefits
- 1 year's management experience in the insurance industry
COMPETENCIES/ KNOWLEDGE
- Life Industry
- Legislation FAIS, NCA, FSCA, LTIA
- Financial Management Products
SKILLS
- Excellent Communication skills Verbal and written
- Presentation
- Research
- Network
- Facilitation
- Coaching
- Recruitment
- Marketing
- Report Writing
- Planning and organising
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