Job description
Key Purpose
- The Key Account Manager is responsible for managing a portfolio of large, complex and/or strategically important employer schemes and broker relationships. The role is focused on strategic account ownership, retention, growth, and long‑term partnership development, positioning Discovery as a trusted advisor and preferred employee benefits partner.
- The Key Account Manager provides senior‑level oversight across servicing, renewals, and client engagement, driving proactive interventions, identifying growth opportunities, and ensuring a consistently high‑quality client experience across the full value chain.
Areas of responsibility may include but not limited to
- Manage and own a portfolio of large, complex and/or high‑value employer schemes in line with the Account Management segmentation model.
- Act as the senior relationship owner for key brokers and employers, building trusted, long‑term partnerships.
- Develop, execute, and maintain strategic account plans, including retention strategies, growth opportunities, and engagement roadmaps.
- Proactively manage scheme risk, renewals, benefit enhancements, and escalations, ensuring early identification and mitigation of potential issues.
- Lead and oversee complex queries and escalations, coordinating across Client Relationship Partners (CRPs), operational teams, and specialist functions.
- Deliver high‑quality, insight‑driven reporting, analysis, and recommendations to brokers and employers.
- Facilitate and lead strategic client and broker engagements, including quarterly and annual reviews, workshops, and executive‑level discussions.
- Play a key role in client retention and growth initiatives, including cross‑sell and upsell opportunities across the CEB value proposition.
- Partner closely with Business Integration, Analytics, Actuarial, Technical Marketing, and Operations teams to deliver integrated, value‑adding solutions.
- Provide guidance, coaching, and support to Account Managers and Junior Account Managers where required.
- Contribute to the continuous improvement of account management frameworks, processes, and service models.
- Maintain strong awareness of industry trends, regulatory developments, and market dynamics impacting clients and schemes.
Personal Attributes
- Highly developed relationship‑building and stakeholder management skills
- Strong strategic thinking and commercial acumen
- Confident, credible communicator at senior and executive levels
- Proactive, solutions‑focused, and outcome driven
- High level of accountability and ownership
- Ability to manage complexity, ambiguity, and competing priorities
- Strong influencing and negotiation skills
- Mentorship mindset with the ability to lead through influence
- Resilient and adaptable in a fast‑paced environment
Education and Experience
- National Senior Certificate (Matric)
- Diploma, Advanced Diploma, bachelor’s degree, BCom, Business Management, Marketing, Finance, Employee Benefits, Insurance, Financial Planning, Commerce, or related field (advantageous)
- 5+ years’ experience in: Account management, client relationship management, or employee benefits consulting
- Strong experience in Employee Benefits (Group Risk and/or Umbrella Funds), including complex schemes
- Proven track record of managing senior broker and employer relationships
- Demonstrated experience in retention, renewals, and strategic account planning
- Advanced proficiency in Microsoft Office (Excel, PowerPoint, Outlook)
- Experience working with CRM, reporting, and analytics tools (advantageous)