Commercial Insurance Broker

Placements24; Mbombela (Nelspruit); Hybrid; ZAR 480,000 - 720,000; Full time

Benefits offered by this job

Hybrid work model

Career development

Job summary

Placements24 in Nelspruit, Mpumalanga, is seeking a Commercial Insurance Broker to manage and grow a client portfolio. The role blends office-based engagement with remote work in a hybrid model and requires deep knowledge of South African commercial insurance offerings.

You will assess risks, source policies, negotiate with underwriters, and support renewals and claims while building strong client relationships for ongoing growth.

Qualifications

• Relevant tertiary qualification or professional qualification in insurance (e.g., FAIS accreditation, NQF Level 4/5).
• Minimum of 4 years of experience as an Insurance Broker, preferably commercial lines.
• Proven track record in business development and client relationship management.

Responsibilities

• Develop and maintain strong relationships with a diverse portfolio of commercial clients.
• Identify clients' specific insurance needs through risk assessments and consultations.
• Source, compare, and present suitable insurance policies from various providers.
• Negotiate terms and premiums with insurance underwriters to secure the best coverage.
• Explain policy details to clients in an understandable manner.
• Handle policy renewals, mid-term adjustments, and claims support.
• Stay informed about market developments, new products, and regulatory changes.

Skills

Relationship management

Negotiation

Communication

Interpersonal skills

Education

FAIS accreditation or NQF 4/5

Tools

Brokerage management systems

MS Office

Job description

About the Role

Our client, a well-established insurance brokerage in Nelspruit, is seeking a skilled and ambitious Commercial Insurance Broker to manage and grow their client portfolio. This role involves identifying the insurance needs of businesses, advising them on appropriate coverage, and securing competitive insurance policies. You will act as a key liaison between clients and insurance providers, ensuring optimal protection and service. This position offers a Hybrid working model, combining essential office-based interactions in Nelspruit, Mpumalanga with the flexibility of remote work.

Key Responsibilities

• Develop and maintain strong relationships with a diverse portfolio of commercial clients.
• Identify clients' specific insurance needs through thorough risk assessments and consultations.
• Source, compare, and present suitable insurance policies from various providers.
• Negotiate terms and premiums with insurance underwriters to secure the best coverage for clients.
• Explain complex policy details, terms, and conditions to clients in an understandable manner.
• Handle policy renewals, mid-term adjustments, and claims support for clients.
• Keep abreast of market developments, new insurance products, and regulatory changes relevant to commercial insurance.
• Achieve and exceed business development and retention targets.
• Network within the local business community to generate new leads.
• Ensure compliance with all industry regulations and brokerage procedures.

Requirements

• A relevant tertiary qualification or professional qualification in insurance (e.g., FAIS accreditation, NQF Level 4/5).
• Minimum of 4 years of experience as an Insurance Broker, preferably specializing in commercial lines.
• Proven track record in business development and client relationship management.
• Strong understanding of various commercial insurance products (e.g., business interruption, liability, property, fleet).
• Excellent negotiation, communication, and interpersonal skills.
• Proficiency in using brokerage management systems and standard office software.
• Ability to work independently and collaboratively within a Hybrid work environment.
• Knowledge of the South African insurance market is essential.
• Detail-oriented with strong organizational skills.

Benefits

• An attractive annual salary package up to R , plus performance-based commission.
• Opportunities for career advancement within a reputable brokerage.
• Ongoing professional development and training.
• A supportive team environment in Nelspruit.
• Flexible working arrangements through the Hybrid model.