Commercial Insurance Specialist

1 month ago

Port Elizabeth, Eastern Cape, South Africa Old Mutual Full time

Job Summary

We are seeking a highly motivated and experienced Commercial Insurance Specialist to join our team at Old Mutual. The successful candidate will be responsible for providing quality direct sales service that results in the production of business from new and existing sources, contributing to the profitability and growth of the company.

Key Responsibilities

  • Identify and execute on innovative methods to build own insurance portfolio.
  • Prospect for new clients through networking, cold-calling and door to door canvassing.
  • Manage and drive portfolio profitability and growth by ensuring that on-going service and support (amendments, renewals, and claims) provided to clients is delivered on time and improves the quality of the business underwritten.
  • Conduct a comprehensive risk evaluation for the client.
  • Provide solutions to clients by selling non-life products aligned to their needs.
  • Continuously build client base to secure future portfolio growth.
  • Identify and action on cross & up selling opportunities across all products.
  • Sell according to agreed targets for the day, week and month.
  • Maintain minimum agreed quote volumes.
  • Maintain a minimum agreed quote to sales ratio.
  • Maintain an agreed NTU – and Cancellation ratio.
  • Perform after sales service tasks according to allocated portfolio of customers.
  • Monitor and resolve escalated client queries and complaints timeously.
  • Manage relationships with clients and ensure that Service Level Agreement standards are met or exceeded in all engagements.
  • Retain existing business including renewal discussion in line business process and FAIS Code of Conduct.
  • Create collaborative relationships with other departments (underwriting/pricing, and claims) to determine process improvements designed to enhance the customer experience and create easy, value peace of mind.
  • Manage time and workloads to ensure that deadlines and targets are met.

Requirements

  • Grade 12 or National Senior Certificate.
  • FAIS Compliant in Non-life Commercial product category.
  • Minimum of 2 years' experience in non-life insurance.

What We Offer

We offer a competitive salary and benefits package, as well as opportunities for career growth and development.

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