Business Development Executive

Findojobs South Africa; KwaZulu-Natal; On-site; ZAR 600,000 - 800,000; Full time

Job summary

A leading independent insurance broker in South Africa is seeking a Business Development Executive to join their Durban office. The ideal candidate will have at least 7 years of experience in the insurance industry and a proven track record in acquiring profitable new business. Responsibilities include developing market share and ensuring compliance with regulatory frameworks. A Higher Certificate in Insurance and other relevant qualifications are required.

Qualifications

• Minimum of 7 years in the insurance industry with at least 5 years in Individual & Commercial Lines.
• Experience in a brokerage environment.
• Proven ability to lead Broking Operations.

Responsibilities

• Grow market share by gaining profitable new business accounts.
• Work within the South African Regulatory framework of insurance.
• Provide expert insurance solutions.

Skills

Communication

Influencing and negotiation

Analytical ability

Networking

Decision making

Time management

Selling

Education

Higher Certificate in Insurance (NQF5)

Level 4 FETC Short Term Insurance Qualification

Matric

Passed exam RE: Representatives

Job description

To submit your application, please use the link below.

Description:

With roots established in 1903, Indwe Risk Services (Pty) Ltd is today one of South Africa’s largest independent brokers, providing expert solutions that cover all your personal and business insurance and financial needs. Indwe Risk Services is always looking for passionate, dedicated and innovative people to work in an ambitious and professional working environment. Join our team and become part of the Indwe family. We require a Business Development Executive for our offices based in Durban who strives to grow market share by gaining Profitable New Business accounts.

Office Location: Durban

Employment Type: Permanent

About the role

• South African Regulatory framework of insurance/brokerage industry
• Customer Focus

Education Minimum:

• Higher Certificate in Insurance (NQF5)
• Level 4 FETC Short Term Insurance Qualification
• Matric
• Passed exam RE: Representatives

Experience Minimum:

• 7 - 10 Years

Ideal Education:

• Matric
• Passed exam RE: Representatives
• Level 4 FETC Short Term Insurance Qualification
• Higher Certificate in Insurance NQF5
• Post-matric qualification is an advantage (BComm Risk/Accounting, BBA)

Ideal Experience:

• Minimum of 7 years in the insurance industry, with at least 5 years in Individual & Commercial Lines
• Experience in a brokerage environment
• Proven ability to successfully lead the Broking Operations function – Commercial and Personal Lines
• Proven ability to successfully lead the individual insurance function

Skills:

• Communication
• Influencing and negotiation
• Delegation
• Analytical ability
• Networking
• Presentation
• Decision making
• Time management
• Selling
• Ability to manage own work and outputs

Knowledge:

• Insurance and brokerage industry experience
• Comprehensive individual insurance product knowledge
• Marketing and sales principles
• Knowledge of products and services
• Technical insurance knowledge (Underwriting)

Personal Attributes:

• Interpersonal effectiveness
• Ability to effectively adapt to change
• Self-motivated
• Result-oriented
• Professionalism
• Ability to work under pressure
• Work according to set policies and procedures