Short Term Insurance Broker Relations Management (FAIS)

Absa Group; United States; Remote; USD 70,000 - 90,000; Full time

Job summary

A leading financial institution seeks a qualified individual for a Broker & Account Management role. You will manage client relationships, monitor budgets, and drive business objectives while developing your team. Applicants must hold a relevant Bachelor's degree and have a solid background in account management.

Qualifications

• Minimum 3 years in Broker & Account Management.
• FAIS Fit and Proper Requirements including regulatory exams.

Responsibilities

• Coach and mentor team members to achieve business objectives.
• Monitor regional budget and allocate resources.
• Identify new business opportunities and maintain client relationships.

Skills

Broker & Account Management

Client Management

Network Building

Budget Monitoring

Cross-selling

Education

Bachelor's Degree in Business, Commerce, or Management Studies

Job description

Empowering Africa’s tomorrow, together…one story at a time.

With over 100 years of rich history and positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future, and shape our destiny as a proudly African group.

Job Summary

Minimum 3 years of experience in Broker & Account Management and Relationships. Travel required. Strong multi-distribution platform and independent Broker experience.

Job Description

• People Management: Coach, mentor, and manage team members to drive business objectives and ensure colleague development.
• Client Liaison and Retention: Responsible for regional budget. Monitor budget constantly, provide input on cost-savings, and allocate resources appropriately.
• New Business: Identify opportunities within portfolios to ensure cross-selling and unlock opportunities for other business units. Seek new business through existing relationships, exercising initiative and recognizing potential opportunities.
• Client Management: Implement processes for client management across portfolios, including account management plans and needs analysis.
• Network and Relationship Building: Network with internal and external stakeholders to maintain client relationships and create alliances for business continuity.

FAIS Fit and Proper Requirements (Advice and Intermediary Service): FSCA-Approved Qualification, Regulatory Exam for Representatives (RE5), Product-Specific Training upon onboarding, Class of Business Training, Continuous Professional Development, and attest to honesty, integrity, and good standing.

Education

Bachelor's Degree in Business, Commerce, or Management Studies (Required). Professional Qualifications preferred.

Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to candidates from designated groups to promote demographic diversity.

Absa Bank Limited reserves the right not to fill the position as advertised.