Business Development Broker
4 days ago
**Job Overview**
Catch Recruit seeks an experienced Business Development Broker to join our team. As a key player in client portfolio management, you will be responsible for delivering exceptional service and driving business growth.
Key Responsibilities:
- Manage an assigned portfolio of clients, ensuring high levels of service delivery and customer satisfaction.
- Maintain proactive communication with clients to understand their insurance needs and provide tailored solutions.
- Monitor and manage unpaid premiums, ensuring timely follow-ups and resolution.
- Liaise with clients and insurers to resolve outstanding payment issues.
- Proactively manage policy renewal 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.
- Maintain precise records and ensure compliance with underwriting guidelines.
- Conduct general underwriting duties, including risk assessments and rating.
- Provide competitive quotes for new business opportunities within the existing portfolio.
- Source and compare quotes from multiple insurance providers when necessary to ensure optimal cover and pricing.
Requirements:
- Matric (Grade 12) certificate
- RE5 certification (compulsory)
- NQF Level 4 qualification in financial services (advantageous)
- Minimum 2 years of underwriting experience
- Experience in both personal and commercial lines underwriting
- Strong interpersonal, administrative, and communication skills
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