Broker Consultant
2 weeks ago
**Broker Consultant**
**Purpose**
This role is responsible for being the point of contact between the company and the Broker/insurer through networking and building effective relationships.. The role will be responsible to maintain and grow a strong client base with brokers, insurers and related stakeholders to ensure continuous development of new business and retention of current business.Continuously looking new business opportunities to reach sales targets and maintain a healthy pipeline for future deal. Perform industry analysis as required to identify industry benchmarks for insurers. Meet with clients weekly/monthly and ensure all reporting requirements are met
**Responsibilities**
- Generate new sales leads and acquire new clients.
- Build high level of brand awareness and reputation as key contact to our top clients
- Have extensive product knowledge of the type of short-term insurance packages available, in order to evaluate a potential client’s interests and to identify and respond to areas requiring further information or explanation
- Maintain and grow a strong client base with brokers, insurers and related stakeholders to ensure continuous development of new business and retention opportunities.
- Find new business opportunities and maintain a healthy pipeline for future deals.
- Respond to new and current client base regarding complaints and service enquiries.
- Increase product footprint across short term industry
- Analysis of brokers target market, product focus and national footprint.
- Extensive industry knowledge and effective positioning against industry competitors.
- Identification of brokerage needs, administration processes and product requirements.
- Package products and solutions tailored around brokers target markets.
- Monthly communication via Product "Refreshers", monthly reports, constructively communicating benefit and product highlights.
- Implement business development and retention campaigns within broker and employer markets, with quantifiable outcome measurement.
- Develop and implement marketing plans that will outperform competitor strategies.
- Continuously analyze competitor strategies and ensure knowledge is current on competitor activity.
- Negotiate with intermediaries regarding the level of business and servicing requirements.
- Promote solutions through marketing presentations and training.
- Initiate and manage marketing drives to secure profitable, quality new business from brokers.
- Deliver training to brokers/insurers to ensure their understanding of their products and services where necessary.
- Manage client query processes and ensure that queries are tracked, accurately resolved.
- Provide regular reports on delivery of services against agreed service standards and in terms of overall client targets.
**Requirements**:
- 4+ years’ Insurer management / client liaison experience
- Demonstrated experience managing three or more key customer accounts and / or departments.
- Minimum 4 years proven sales track record and targets achieved
- Minimum Grade 12 or equivalent NQF level 4
- Degree in Business Management
- RE 5 (essential minimum).
**Job Types**: Full-time, Permanent
**Salary**: R25,000.00 - R35,000.00 per month
Ability to commute/relocate:
- Craighall Park, Gauteng: Reliably commute or planning to relocate before starting work (required)
**Education**:
- Diploma (required)
**Experience**:
- Insurer management or client liaison: 4 years (required)
- proven sales track record and targets achieved: 4 years (required)
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