Sales Manager
2 weeks ago
Recruiting a permanent **Sales Manager **from the** life insurance industry** for the Limpopo Lephalala, the main objective will be to recruit, maintain and develop sales representatives and brokers and set targets. Applicants must have an RE5, RE1 and 1 year of management and oversight experience in categories A, B1, B2, C, B1-A, B2-A, and retail pension funds.
**Develop and maintain sales and marketing plan**
**Develop an integrated sales & marketing plan**
- Implement and align a marketing plan with regional plan and submit to management
- Review and update strategic plan on a regular basic
- Compile report on progress made on strategic plan
- Communicate strategic plan to sales representatives
**Perform recruitment and selection process for sales representative**
- Advertise and market representative positions through presentations
- Select applicants in accordance with FSCA requirements implementation of assessment selection battery
**Conduct training to sales representative**
- Facilitate the pre-course and post-course training
- Responsible for on-the-job assessment of representatives
**Conduct coaching process**
- Give technical support and motivation to representatives
- Coach representatives on improving their selling skills
- Provide recognition through performance management system
**Conduct training to brokers**
- Handle administration queries on behalf of dedicated brokers
- Check business methods of brokers and advise accordingly
- Update brokers on company products and services regularly
- Ensure computer software for brokers are up to date in respect of company products and services
- Build professional business relationships with brokers
**Identity and develop new and current markets**
- Identify, penetrate, 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**
- Ensure and monitor set production targets
- Maintain business retention
**Comply with FAIS requirements**
- Supervise representative when rendering services under supervision
- Submit supervision evidence to MSSI monthly
- Mentor and train supervisee to ensure that they have a proper understanding of products
- Observe meetings between representative and clients
**Compliance**
- Complaints
- Number of complaints Received
- Number of complaint referred for investigation (Forensic)
- Number of complaints referred for Debarment Hearing based on outcome from debarment Committee
**Training and Awareness**
- Refresher Training
- New Product Training
- Record of Advice
- Financial Needs Analysis
**Other**
- Adhere to code of conduct
- Adhere to TCF
- Comply with risk and audit requirements
- Display the values and culture
- Provide leadership to your team to assist them in achieving their target
**Formal Education**
- Matric
- Relevant Qualification (recognised by the FSCA)
**Technical/Legal Certification**
- Regulatory Examination Level 5: Representatives
- Regulatory Examination Level 1: Key Individuals
- Class of Business (Long Term Insurance and Investments) (Depending on Date of Appointment as Key Individual in the industry)
- CPD
**Experience**
- 1 year of management and oversight experience in categories A, B1, B2, C, B1-A, B2-A, and retail pension funds
- 2 years of Project Management
- 2 years Insurance industry
- At least 1 year’s advice and intermediary experience in category A, B1, B2, C, B1-A, B2-A and retail pension funds
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