Business Development Consultant
2 weeks ago
This is a direct sales role (face-to-face), where the incumbent will be required to source their own new business leads to sell combined (comprehensive) short-term insurance for car, home, and contents cover.
In this role the BDC is responsible for providing excellent customer service and advice, as well as developing relationships with customers.
- Source lead-generating opportunities to ensure a minimum of 10 client quotes per week and 40 per month
- Minimum requirement of 10 premium adjusted policies (net of claw backs) written policies per month
- Maintain and update your Lead Generation Matrix on a weekly basis
- Manage the lead generation process which includes group presentations, one on one consultations, ensuring regular communication with staff, participation in corporate events, advertising, and general relationship building
- Keep uptodate and fully informed on product comparisons with opposing products
- Sign up a minimum of 5 active lead referral agents
- Generate interest for and introduce other Momentum Insure specialists to prospects where appropriate
- Meet all KPls as laid down by Momentum Insure for BDCs
- Complete weekly reports that reflect leads, quotes, and sales as well as the source of the leads, average premium, total premium and any other pertinent information which may be required from time to time
- Maintain appropriate skills and knowledge in order to provide specialist, professional advice in all relevant business areas
- Meet the Fit and proper requirements as set out in the FAIS codes of conduct at all times
- Meet continuing professional development objectives as required by the industry
Benefits:
RENUMERATION
Remuneration on offer is a fixed basic salary of R no sliding scale & no retainer), plus uncapped commission, including eligibility to earn annual incentives, and a quarterly consistency bonus.
Please note that after 6 months there is an opportunity to move up to an Executive Business Development Consultant level where the basic salary will increase to R20 000 per month.
At the Executive Business Development Consultant level, successful incumbents will also have an opportunity to earn retention commission for business sold over time, for up to 6 years.
COMMISSION
All commissions and incentives are calculated on API written premium for the month.
Retention commission:
Earned on policies renewed between months for up to 6 years capped at % of the total commission.
TRAINING:
We provide 1-month Systems and Product training, including induction.
TOOLS OF TRADE:
Company laptop, 3G card for internet connection, Softphone on laptop, and cellphone allowance.
We do not offer travel/vehicle or petrol allowance.
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