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Business Development Executive

Moving Heads Personnel
8 days ago
Full-time
Remote
Web Development

Introduction

EXPERIENCE IN THE SHORT TERM INSURANCE SECTOR IS ESSENTIAL

Duties & Responsibilities

Grow the market share by gaining Profitable New Commercial & Individual lines accounts.

Prospecting / Sales:

Compile target lists based on the sales plan for identified clients as well as your own 

Development of new business pipeline

Prepare action plans for effective search of sales leads and prospects

Initiate and coordinate development of action plans to penetrate new markets

Create and conduct proposal presentations to potential Clients 

Achieve new business sales targets in line with sales plans

Provide after sales service for new business

Identify opportunities for up/cross selling and write additional business 

Client Liaison:

Regular Networking

Identify opportunities and implement marketing and promotional activities

Build relationships through regular contact, identifying critical decision makers with all stakeholders (Clients, Insurers, etc) ; 

Client Communication - Keep clients informed of developments in the industry and market 

Regulatory Compliance:

Adhere to FAIS requirements and set company procedures  

Desired Experience & Qualification

Matric

Level 4 FETC Short-term Insurance Qualification

Passed FAIS Regulatory Exam

Higher Certificate in Insurance  

Post matric qualification is an advantage (BCom Risk/Accounting, BBA)

Proficient in Afrikaans

Min 7+ years’ short-term insurance within a commercial / personal lines sales and service capacity in a broking environment plus qualified to at leastHigher Certificate in insurance Level.

Experience writing medium to large commercial / personal lines accounts 

Successful new business acquisitions 

Experience in customer liaison; building and maintaining relationships 

Experience working in a Brokerage is an advantage 

Knowledge:

Insurance and brokerage industry and environment

Comprehensive Commercial Insurance product knowledge

Legal requirements of the insurance industry

Marketing and sales principles

Knowledge of products and services

Technical Commercial Insurance Knowledge of underwriting criteria

Package & Remuneration

Negotiable