Senior Business Development Director
1 week ago
Our company, Deka Minas (Pty) Ltd, is the holding entity of prominent financial service providers in South Africa. Our diverse portfolio encompasses short-term insurers, a long-term insurer, health insurance, as well as an insurance and personal finance comparison platform. We are seeking an exceptional Executive Regional Sales Leader to spearhead the Tied Financial Advisory Services strategy, effectively positioning distribution channels in Life and Wealth, Personal lines, and Commercial Lines to drive significant growth in the Tied distribution channels.
Responsibilities:
Leadership and Direction- Develop and communicate strategies to implement the function's business plan within the organization, explaining its alignment with the broader mission, vision, and values; motivate team members to commit to achieving local business goals.
- Create tactical plans for optimizing resources and assets to deliver on the Tied Financial Advisory Services strategy and meet business growth requirements, ensuring channel objectives align with overall organizational / business objectives to achieve profit targets.
- Formulate and propose annual business plans for the Tied Financial Advisory Services, ensuring alignment with strategy; meet growth objectives in all distribution channels in the Life and Wealth, Personal lines, and Commercial Lines channels; recommend financial and headcount budgets; propose business targets (e.g., revenues or other key performance indicators); schedule key activities / projects, integrating with other elements of the organization.
- Identify and manage stakeholders up to top management level, understanding their needs / issues / concerns and responding by leading and coordinating stakeholder engagement plans to support the communication of business information and decisions.
- Ensure exceptional customer service delivery across the distribution channels in the Life and Wealth, Personal lines, and Commercial Lines.
- Evaluate individual capabilities within the department to identify gaps and prioritize development activities, implementing the organization's formal development frameworks within the area of responsibility; coach and mentor others to develop the organization's talent pool.
- Responsible for planning, monitoring, and controlling Risk and Governance in the distribution channels in the Life and Wealth, Personal lines, and Commercial Lines; drive good governance principles and legislative compliance within the environment.
- Manage and report on the performance of the function / business area; set appropriate performance objectives for direct reports and hold them accountable for achieving these; take corrective action where necessary to ensure the achievement of annual business objectives.
- Maintain external accreditations and in-depth knowledge of current and emerging technologies, external regulation, and industry best practices through continuing professional development, attending conferences, and reading specialist media.
- Sell complex, often customized products and services to significant customers and / or manage a significant sales department.
Education:
Grade 12 / SAQA Accredited Equivalent (Essential); FAIS accredited NQF5 (120 credits) (Essential); KI Regulatory Examination (Essential); Full product holding accreditation (Essential); CFP (Advantageous); Business Related Degree (Advantageous); Management and / or coaching qualification (Advantageous)
Experience: General Experience
8 or more years' experience managing a sales-driven team or multi-teams in the financial sector (Essential); Experience within life and wealth long-term insurance industry (Essential); Previous Tied Agent Experience (Advantageous)
Managerial Experience
5 or more years' regional or multi-team managerial experience within a financial services environment (Essential)
Additional Information
- SAQA Accredited Equivalent - it is the applicant's onus to provide evidence that their qualifications meet the equivalent NQF level required for this role at time of application.
- Financial Sector Conduct Authority (FSCA) competency requirements: recognized qualifications, regulatory examinations, Class of Business Certification, and / or Continuing Professional Development according to your Declaration of Fitness and Propriety (DOFA). As a registered Financial Service Provider, we are mandated to ensure our representatives are and remain fit and proper at all times.
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