Senior Financial Advisor - Wealth Management (Insurance Focus)

Placements24; Riverton (UT); Hybrid; USD 42,000 - 61,000; Full time

Benefits offered by this job

Commission & bonus structure

Hybrid work model

Medical aid & retirement fund

Professional development & certs

Job summary

Placements24 seeks a Senior Financial Advisor specializing in insurance and wealth management to serve clients in Upington, Northern Cape. The role blends in-person meetings with remote outreach to optimize insurance portfolios and long-term wealth goals.

You will assess client goals, risk tolerance, and product needs, delivering tailored plans, cross-selling opportunities, and ongoing portfolio reviews. A strong FAIS compliance background and client-centric approach are essential.

Qualifications

• 5+ years of experience as a Financial Advisor or Wealth Manager.
• Proven ability to develop and implement financial plans for individuals and families.

Responsibilities

• Conduct financial needs analyses and insurance reviews.
• Develop and present personalized financial plans with insurance, investment, and retirement components.
• Advise on life, disability, and income protection products.
• Build and maintain long-term client relationships with regular reviews.
• Ensure compliance with FAIS regulations and ethical standards.

Skills

Client relationships

Sales & negotiation

Financial planning

Insurance products

CRM systems

Education

RE 5 (NQF 5)

Tools

Financial planning software

CRM systems

Job description

About the Role

Our client, a reputable financial services firm, is seeking a highly motivated and experienced Senior Financial Advisor with a strong emphasis on insurance and wealth management solutions. This role, based in Upington, Northern Cape , involves providing expert financial planning and advice to individuals and families, with a particular focus on optimizing their insurance portfolios and long-term wealth accumulation strategies. You will be responsible for understanding clients' financial goals, risk tolerance, and needs to develop personalized financial plans. The ideal candidate will have a proven track record in financial advisory, a deep understanding of various insurance products (life, disability, critical illness), and strong sales and client relationship management skills. This hybrid role offers the flexibility to meet with clients in person while also leveraging remote tools for efficiency and broader reach within the Northern Cape region.

Key Responsibilities

• Conduct comprehensive financial needs analyses for clients, including risk assessments and insurance reviews.
• Develop and present personalized financial plans that integrate insurance solutions, investment strategies, and retirement planning.
• Advise clients on appropriate life insurance, disability, critical illness, and income protection products.
• Assist clients in achieving their long-term financial goals, such as wealth creation, capital preservation, and estate planning.
• Build and maintain strong, long-term relationships with clients through regular communication and portfolio reviews.
• Stay updated on the latest financial products, market trends, and regulatory changes affecting insurance and investments in South Africa .
• Identify opportunities to cross-sell and up-sell relevant financial products and services.
• Ensure compliance with all relevant financial advisory regulations and ethical standards.
• Manage a portfolio of clients, ensuring high levels of client satisfaction and retention.
• Collaborate with other professionals within the firm to provide holistic financial advice.

Requirements

• A minimum of 5 years of experience as a Financial Advisor or Wealth Manager, with a significant focus on insurance products.
• Proven ability to develop and implement successful financial plans for individuals and families.
• Strong knowledge of life insurance, disability insurance, and other risk management products.
• Excellent understanding of investment principles and wealth management strategies.
• Full FAIS compliance (RE 5 qualification, NQF Level 5).
• Strong sales, negotiation, and interpersonal skills.
• Ability to build rapport and trust with clients.
• Proficiency in financial planning software and CRM systems.
• Excellent communication skills, both written and verbal.
• Must reside in or be willing to relocate to Upington, Northern Cape .

Benefits

• Competitive salary with a lucrative commission and bonus structure.
• Hybrid work model providing flexibility and autonomy.
• Comprehensive medical aid and retirement fund.
• Ongoing professional development and opportunities for advanced certifications.
• Opportunity to build a substantial client base in the Northern Cape .
• Supportive team environment and access to industry expertise.