Branch Consultant - Nelspruit

Sanlam Limited; Mbombela; On-site; ZAR 200 000 - 400 000; Full time

Job summary

An established industry player seeks a motivated Branch Consultant / Financial Advisor to join their team in Mbombela. This role involves understanding client needs, delivering tailored financial solutions, and ensuring high standards of client service. You will play a crucial role in maintaining client relationships and driving sales while adhering to compliance and quality standards. If you are passionate about helping clients achieve their financial goals and thrive in a dynamic environment, this opportunity is perfect for you. Join a company that values diversity and is committed to creating an inclusive workplace that fosters growth and success.

Qualifications

• Must have Matric and be FAIS compliant for Wealth Management.
• One year experience in sales or marketing is required.

Responsibilities

• Deliver sales by understanding customer needs and providing suitable products.
• Manage client profiles to ensure retention and satisfaction.
• Ensure compliance with regulatory requirements and maintain quality standards.

Skills

Client service

Sales and cross-selling tactics

Analysing information

Selling and influencing skills

Critical thinking skills

Strong communicator

Adaptable and open to learning

Education

Matric (Grade 12)

FAIS Compliant (Wealth Management)

Class of Business training

Job description

Branch Consultant / Financial Advisor - Nelspruit

Date: 19 Mar | Location: Nelspruit, Mpumalanga, ZA

Who are we?

Sanlam is a leading Financial Services Institution, which provides services in the fields of Individual Life Insurance, Group Life Insurance, Unit Trusts and Asset Management.

To give substance to its objective to be fully-fledged Namibian Insurer, Sanlam is increasingly introducing greater financial and technical expertise.

KEY RESPONSIBILITIES

1. Sales delivery

• Gain and maintain an in-depth understanding of SRM product ranges.
• Gain an understanding of the customer's needs, financial goals and means, and provide the right product (or selection of products) that will satisfy the goals of the customer in the best and most affordable way possible.
• Continuously update and inform customers of new products, or changes in existing products.

Manage, review, and incorporate the implications of product changes on the customer's portfolio accordingly.

• Validate client details in line with product and regulatory requirements.

Submit new business through the right channels.

• Conduct due diligence on clients to identify and flag risks.
• Manage own capacity to ensure daily appointments are being prioritised while allowing time for and capitalising on walk-in / non-appointment clients.

In-branch client service and client retention

• Responsible for servicing and managing all client profiles to ensure clients remain on the books.
• Send payment reminders, conduct follow-ups, and remain in contact to address potential queries or to provide support.
• Manage and report on NTUs (clients Not Taken Up) by putting controls in place, and taking corrective actions where required.
• Manage persistency of client payments in favour of both the branch and the client.
• Gain insight into client risk profiles to proactively identify where support will be required.
• Consult with clients on alternative payment arrangements and ensure it gets processed through and noted on the right platforms.
• Responsible for in-branch servicing in line with client experience standards.
• Apply product knowledge to accurately guide clients through policy cancellations and provide alternative options.
• Resolve various types of client queries in the branch as far as possible or escalate queries to the right stakeholders by using the existing escalation framework.

Follow up on the status and continuously provide feedback to the client.

Quality, compliance and continuous development

• Remain up to date with and continuously adhere to compliance and quality standards.
• Keep up to date with own registration, product knowledge and maintenance of own CPD points.
• Identify risks and flag potentially fraudulent activities.
• Keep and store relevant records of advice.
• Log all activities as per regulations and standard operating procedures, and provide data to relevant stakeholders to inform reporting and decision making.

Monthly planning and reporting

• Responsible for reporting on activities daily, through using relevant technology platforms.
• Collate data on activities to deliver on weekly and monthly reporting deadlines.
• Perform any ad-hoc requirements as requested by the Retail Branch Manager.

QUALIFICATIONS

• Matric (Grade 12)
• FAIS Compliant (Wealth Management) as per DOFA requirements.
• Class of Business training (to be completed within 12-months of employment)

KNOWLEDGE AND EXPERIENCE

• Knowledge:
• Client service.
• Sales and cross-selling tactics and strategies (client optimisation).
• Knowledge on the Insurance landscape including regulatory requirements and guidelines for selling and providing advice would be ideal.
• Knowledge on insurance products would be advantageous.

• Experience:
• One year experience in a sales or marketing capacity.
• Experience within insurance branches an advantage.

SKILLS & COMPETENCIES

• Persistently focused on achieving targets.
• Analysing information.
• Technologically orientated.
• Selling and influencing skills.
• Critical thinking skills.
• Strong communicator (verbally and in writing).
• Adaptable and open to learning.

CONDITIONS OF EMPLOYMENT

• Clear criminal and credit check.
• Own / Reliable transport.

The Sanlam Group is committed to achieving transformation and embraces diversity. This commitment is what drives us to achieve a diverse, inclusive and equitable workplace as we believe that these are the key components to ensure a thriving and sustainable business in South Africa.

The Group's Employment Equity plan and targets will be considered as part of the selection process.