Job description
Duties and Responsibilities
1. Sales and Marketing:
- Obtain new business from brokers and develop relationships with existing and new brokers.
- Manage the growth (including organic growth) of the division.
- Sell HCV & GIT products to brokers and/or agents using consultative selling techniques.
- Contribute to effective marketing of the Company products by answering questions, resolve problems on topics such as policy status, billing, etc, and explaining new or revised products and processes.
- Make presentations & do Product specific training to brokers and/or agents.
2. Account Management:
- Meet goals for volume and value of quality new business quoted and written within company guidelines.
- Management of own portfolio. Recommend or implement changes to improve productivity, profitability, growth and the quality of assigned book of business.
- Service, grow and maintain renewal policies along side underwriting team.
- Confirm rating and cover on endorsements requested where required.
- Review segment profit/growth results and trends to recommend and implement action plans to produce profitable underwriting results.
- Ensure that all premiums are received and up to date on all accounts in your portfolio. Work closely with Accounts & underwriting team on and RDs monthly.
3. Underwriting/Risk Analysis:
- Analyse qualitative and quantitative data prepared by brokers to provide approval for risk selection and acceptance, coverage and price & process quotations to brokers.
- Decline unsuitable risks.
- Ensure that new quotation requests are issued / changed accurately per broker request in a timely manner per internal SLA
Requirements
- At least 5/7 years HCV and GIT insurance experience within a UMA or insurance company environment.
- Self-management skills
- Good communication skills (including writing and presentation skills)
- Negotiation skills (internal & external)
- Sales and marketing skills
- Relationship management skills
- Analysis and interpretation of data pertaining to assigned portfolios and market conditions
- Ability to travel nationwide including staying overnight when required to do so
- Willingness to entertain brokers
- Must have valid drivers license
Educational Requirements
- Matric
- RE 5 and/or RE 1 preferred
- NQF 4 or similar insurance qualification