Insurance Broker - Commercial Lines

Placements24

Willows (CA)

On-site

USD 26,000 - 39,000

Full time

3 days ago
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Benefits offered by this job

Competitive base salary + commission
Medical aid and retirement fund
Ongoing training and professional dev.
Career growth opportunities
Client events and networking

Job summary

Placements24 in Welkom is seeking an ambitious Insurance Broker specializing in Commercial Lines to manage a growing client portfolio and drive revenue. You will engage with business owners, assess risks, and tailor coverage with leading insurers to protect assets and liabilities.

We offer a supportive environment with product knowledge support, ongoing training, and clear career progression within a reputable brokerage in the Welkom community.

Qualifications

  • Minimum 3 years in commercial lines insurance.
  • RE 5 qualification and NQF level 4 credits are mandatory.
  • Relocate to Welkom or reside nearby.

Responsibilities

  • Develop and maintain a portfolio of commercial insurance clients.
  • Identify and solicit new business opportunities through various channels.
  • Conduct thorough risk assessments and analysis for commercial clients.
  • Source appropriate insurance solutions from a range of insurers.
  • Negotiate terms, conditions, and premiums with insurers and clients.
  • Present insurance proposals and explain policy details clearly.
  • Manage client relationships, providing ongoing support and service.
  • Handle client inquiries, claims support, and policy renewals.
  • Stay updated on market developments, new products, and regulatory changes.
  • Achieve and exceed sales and revenue targets.

Skills

Sales
Client relations
Communication
Negotiation
Broking software
MS Office

Education

Commerce/Finance/Marketing degree

Tools

Broking software

Job description

About the Role

Our client, a prominent independent insurance brokerage, is seeking an ambitious and client-focused Insurance Broker specializing in Commercial Lines to join their thriving practice in **Welkom**. This role is dedicated to serving the diverse insurance needs of businesses, providing expert advice, and securing the most suitable coverage. The ideal candidate will possess a strong understanding of commercial insurance products, excellent sales and negotiation skills, and a commitment to building long-term client relationships. You will be responsible for prospecting, client acquisition, needs analysis, and policy placement. This is a prime opportunity for a motivated professional to grow their career within a reputable firm in **Welkom**. We offer a supportive environment, comprehensive product knowledge support, and a clear path for career advancement. You will engage with business owners and key decision-makers, understanding their unique operational risks and tailoring insurance solutions to protect their assets and liabilities. Success in this role means consistently meeting sales targets, fostering strong client loyalty, and contributing to the brokerage's reputation for excellence and integrity in the **Welkom** community. We are looking for an individual with a passion for helping businesses succeed by managing their risk effectively.

Key Responsibilities
  • Develop and maintain a portfolio of commercial insurance clients.
  • Identify and solicit new business opportunities through various channels.
  • Conduct thorough risk assessments and analysis for commercial clients.
  • Source appropriate insurance solutions from a range of reputable insurers.
  • Negotiate terms, conditions, and premiums with insurers and clients.
  • Present insurance proposals and explain policy details clearly.
  • Manage client relationships, providing ongoing support and service.
  • Handle client inquiries, claims support, and policy renewals.
  • Stay updated on market developments, new products, and regulatory changes.
  • Achieve and exceed sales and revenue targets.
Requirements
  • Matriculation or equivalent; a tertiary qualification in Commerce, Finance, or Marketing is preferred.
  • A minimum of 3 years of experience as an insurance broker, specifically in commercial lines.
  • Strong knowledge of commercial insurance products (e.g., GCI, BI, Fleet, Public Liability).
  • Proven sales ability and track record of meeting targets.
  • Excellent communication, negotiation, and interpersonal skills.
  • Proficiency in broking software and MS Office.
  • A valid RE 5 qualification and relevant NQF level 4 credits are mandatory.
  • Self-motivated, client-oriented, and a team player.
  • Ability to work independently and manage client portfolios effectively.
  • Residing in or willing to relocate to **Welkom**.
Benefits
  • Competitive basic salary with an attractive commission structure.
  • Performance bonuses and incentives.
  • Comprehensive medical aid and retirement fund contributions.
  • Ongoing training and professional development opportunities.
  • Access to a wide range of leading insurance providers.
  • Supportive team environment with experienced colleagues.
  • Opportunities for career growth and specialization.
  • Paid time off for personal and professional development.
  • Client events and networking opportunities.
  • Contribution to industry association fees.
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