Commercial Insurance Broker

Placements24; Sandton; Hybrid; ZAR 450,000 - 750,000; Full time

Benefits offered by this job

Commission and bonus structures

Medical aid

Provident fund and life insurance

Professional development and training

Hybrid work model

Job summary

Placements24 is helping a growing insurance brokerage in Sandton, Gauteng recruit a Commercial Insurance Broker. You will advise businesses on coverage, source policies, and build lasting client relationships in a hybrid work setup that blends client meetings, office collaboration, and remote work.

The role requires at least 3 years in commercial lines, RE5 or NQF4 Short-Term Insurance, strong negotiation and CRM skills, and willingness to travel for client meetings.

Qualifications

• - 3+ years of experience as an insurance broker in commercial lines.
• - RE5 or NQF4 Short-Term Insurance qualifications.
• - Proven track record in client relationship management and sales.
• - Knowledge of commercial insurance products (property, liability, fleet, PI).
• - Strong negotiation, communication and interpersonal skills.
• - Proficient in CRM systems and insurance broking software.
• - Able to work independently and in a hybrid setup.
• - Familiar with Gauteng insurance market and willingness to travel.

Responsibilities

• - Advise commercial clients on insurance requirements and risk exposures.
• - Source and present policies from multiple providers.
• - Negotiate terms, premiums and conditions with insurers.
• - Build and maintain a portfolio of commercial clients.
• - Provide risk management advice and tailored insurance solutions.
• - Process new business, renewals and endorsements accurately.
• - Handle client queries promptly and professionally.
• - Stay updated on market trends and regulatory changes.
• - Achieve and exceed sales targets.
• - Collaborate with internal teams to ensure seamless service.

Skills

Client relationship management

Sales generation

Negotiation

Communication

Interpersonal skills

CRM systems

Insurance broking software

Independent work

Teamwork

Gauteng market knowledge

Education

RE5

NQF Level 4 in Short-Term Insurance

Tools

CRM systems

Insurance broking software

Job description

About the Role

Our client, a dynamic and growing insurance brokerage, is seeking a motivated and client-focused Commercial Insurance Broker to join their established team in Sandton, Gauteng . This role is essential for advising businesses on their insurance needs, sourcing appropriate coverage, and building lasting client relationships. You will be responsible for identifying commercial risks, proposing tailored insurance solutions, and negotiating terms with insurers. This position offers a hybrid work model, providing flexibility between client meetings, office collaboration, and remote work. The ideal candidate will possess excellent communication and negotiation skills, a strong understanding of commercial insurance products, and a drive to achieve sales targets. We are looking for a professional who can contribute to our client's success in the competitive Sandton market.

Key Responsibilities

• Consult with commercial clients to assess their insurance requirements and risk exposures.
• Source and present suitable insurance policies from various providers.
• Negotiate terms, premiums, and conditions with insurers on behalf of clients.
• Build and maintain strong, long-term relationships with a portfolio of commercial clients.
• Provide expert advice on risk management strategies and insurance solutions.
• Process new business applications, renewals, and endorsements accurately.
• Handle client queries and resolve issues promptly and efficiently.
• Stay informed about market trends, new products, and regulatory changes in commercial insurance.
• Achieve and exceed personal and team sales targets.
• Collaborate with internal teams to ensure seamless client service delivery.

Requirements

• A minimum of 3 years of experience as an insurance broker, specializing in commercial lines.
• Relevant industry qualifications (e.g., RE5, NQF Level 4 in Short-Term Insurance) are essential.
• Proven track record of successful client relationship management and sales generation.
• In-depth knowledge of commercial insurance products (e.g., property, liability, fleet, professional indemnity).
• Excellent negotiation, communication, and interpersonal skills.
• Proficiency in CRM systems and insurance broking software.
• Ability to work independently and as part of a team in a hybrid setup.
• Strong understanding of the insurance market, particularly in the Gauteng region.
• Adaptability and willingness to learn about new products and risks.
• Valid driver's license and willingness to travel for client meetings.

Benefits

• A competitive base salary complemented by attractive commission and bonus structures, offering significant earning potential.
• A comprehensive benefits package includes medical aid, provident fund, and life insurance.
• Opportunities for ongoing professional development and specialized training are provided.
• The hybrid work model allows for improved work-life balance.
• Join a reputable and forward-thinking insurance brokerage in the heart of Sandton, Gauteng , and play a key role in protecting businesses.