Commercial Insurance Broker

Placements24; Windsor Park (TN); Hybrid; USD 29,000 - 36,000; Full time

Benefits offered by this job

Competitive commission structure with潜

Performance-based bonuses and Incentiv

Hybrid work model

Professional development opportunities

Career advancement within a respected—

Provident fund and medical aid

Marketing resources and client support

Supportive team culture

Job summary

Placements24 is seeking a Commercial Insurance Broker to join our client’s team in East London. You will identify business needs, source coverage from multiple insurers, and build lasting client relationships while advising on risk management and policy terms.

The role requires strong sales, negotiation, and communication skills, with knowledge of Commercial Property, BI, Public Liability, and Fleet. A hybrid work model is offered.

Qualifications

• Experience as Commercial Insurance Broker or similar sales role.
• Strong knowledge of Commercial Property, Business Interruption, Public Liability, Fleet.
• Excellent sales, negotiation and interpersonal skills.
• Ability to build rapport with business clients.
• Excellent communication and presentation skills.
• Relevant industry qualifications and licenses (FAIS, RE 1 & RE 5).
• Bachelor’s degree in Commerce or related field preferred.
• Proficiency in CRM systems and standard office software.
• Proactive, driven, client-centric approach.
• Understanding of the Eastern Cape business landscape is advantageous.

Responsibilities

• Identify and develop new business opportunities in the commercial sector.
• Build and maintain relationships with a portfolio of commercial clients.
• Assess client needs and calculate appropriate insurance cover.
• Source and present quotations from multiple insurers.
• Advise on coverage, risk management and policy terms.
• Negotiate terms and premiums with insurers.
• Manage placement of new business and renewals with complete docs.
• Handle client inquiries, claims support, and policy changes.
• Stay updated on industry trends and regulatory requirements.
• Represent the brokerage professionally in the East London community.

Skills

Commercial insurance

Sales skills

Negotiation

Client relationship building

Communication skills

CRM proficiency

Education

Bachelor’s degree in Commerce or related

Industry licenses (FAIS, RE 1 & RE 5)

Tools

CRM software

Office software

Job description

About the Role

Our client, a leading independent insurance brokerage, is seeking an ambitious and client-focused Commercial Insurance Broker to join their team in East London . This role involves identifying and understanding the commercial insurance needs of businesses, sourcing appropriate coverage from various insurers, and building strong, long-term relationships with clients. You will play a crucial role in advising businesses on risk management strategies and ensuring they have adequate protection against potential losses. The ideal candidate possesses excellent sales, negotiation, and communication skills, combined with a thorough understanding of commercial insurance products and the market dynamics in the Eastern Cape . This is a fantastic opportunity to build your client base and develop your career in a dynamic and supportive environment.

Key Responsibilities

• Proactively identify and develop new business opportunities within the commercial sector.
• Build and maintain strong relationships with a portfolio of commercial clients.
• Conduct thorough needs assessments to understand clients' business operations and insurance requirements.
• Source and present competitive insurance quotations from a range of reputable insurers.
• Advise clients on appropriate insurance coverage, risk management strategies, and policy terms.
• Negotiate terms and premiums with insurers to secure the best possible outcomes for clients.
• Manage the placement of new business and renewals, ensuring all documentation is accurate and complete.
• Handle client inquiries, claims support, and policy adjustments efficiently and professionally.
• Stay up-to-date with industry trends, market developments, and new insurance products.
• Ensure compliance with all regulatory requirements and industry best practices.
• Represent the brokerage in a professional manner within the East London business community.

Requirements

• Proven experience as a Commercial Insurance Broker or in a similar sales role within the insurance industry.
• Excellent understanding of commercial insurance products (e.g., Commercial Property, Business Interruption, Public Liability, Fleet).
• Strong sales, negotiation, and interpersonal skills.
• Ability to build rapport and trust with business clients.
• Excellent communication and presentation skills.
• Relevant industry qualifications and licenses (e.g., FAIS, RE 1 & RE 5).
• Bachelor's degree in Commerce, Business Administration, or a related field is preferred.
• Proficiency in CRM systems and standard office software.
• A proactive, driven, and client-centric approach.
• Understanding of the business landscape in the Eastern Cape is a distinct advantage.

Benefits

• Competitive commission structure with significant earning potential.
• Performance-based bonuses and incentives.
• Opportunities for professional development and continuous learning.
• Career advancement within a respected brokerage firm.
• A hybrid work model offering flexibility.
• Supportive team culture and access to senior expertise.
• Client development support and marketing resources.
• Contribution to provident fund.
• Medical aid benefits.