Commercial Insurance Broker - Bloemfontein

Placements24; Bloemfontein; Hybrid; ZAR 360,000 - 600,000; Full time

Benefits offered by this job

Competitive base salary

Hybrid work model

Professional development

Medical aid

provident fund contributions

Ongoing training and support

Job summary

WhatJobs Direct is recruiting a Commercial Insurance Broker for a hybrid role in Bloemfontein. You will advise businesses on insurance needs, source cover from multiple insurers, and manage ongoing client relationships.

The ideal candidate has strong sales and negotiation skills, a solid understanding of commercial insurance products, and a proactive approach to expanding the client portfolio while ensuring high service standards.

Qualifications

• Proven experience as an Insurance Broker with a commercial focus.
• Knowledge of liability, property and business interruption products.
• Strong sales, negotiation and client relationship skills.
• Understanding of risk assessment and management.
• Proficiency with CRM systems and broking software.
• RE 5 or FAIS compliance is essential.

Responsibilities

• Identify and develop new business opportunities within the commercial sector.
• Assess the insurance requirements of potential and existing clients.
• Source and present competitive quotes from insurers.
• Negotiate terms to secure optimal coverage.
• Build and maintain long-lasting relationships with clients.

Skills

Insurance broker

Commercial lines

Sales

Negotiation

Client relationships

CRM proficiency

Education

RE 5

FAIS compliance

Tools

CRM software

Insurance broking software

Job description

About the Role

Our client, WhatJobs Direct, is seeking a dynamic and client-focused Commercial Insurance Broker to join their growing team in Bloemfontein . This hybrid role will involve a mix of office-based activities and remote client engagement/business development. You will be responsible for advising businesses on their insurance needs, sourcing appropriate cover from various insurers, and managing client relationships. The ideal candidate will possess excellent sales and negotiation skills, a comprehensive understanding of commercial insurance products, and a strong commitment to providing tailored solutions. You will play a key role in expanding our client's commercial portfolio and ensuring client retention through exceptional service. This position requires a motivated individual capable of working effectively both independently and as part of a team.

Key Responsibilities

• Identify and develop new business opportunities within the commercial sector.
• Assess the insurance requirements of potential and existing clients.
• Source and present competitive insurance quotes and proposals from various insurers.
• Negotiate terms and conditions with insurers to secure optimal coverage for clients.
• Build and maintain strong, long-lasting relationships with commercial clients.
• Provide expert advice on risk management and insurance best practices.
• Manage the renewal process for existing commercial policies.
• Handle client queries and assist with claims processing where necessary.
• Stay up-to-date with market trends, new products, and regulatory changes.
• Ensure compliance with all relevant insurance regulations and company policies.

Requirements

• Proven experience as an Insurance Broker, with a strong focus on commercial lines.
• Excellent knowledge of commercial insurance products (e.g., liability, property, business interruption).
• Demonstrated sales, negotiation, and client relationship management skills.
• Strong understanding of risk assessment and management principles.
• Ability to work independently, manage time effectively, and meet sales targets.
• Proficiency in using CRM systems and insurance broking software.
• A relevant industry qualification (e.g., RE 5, FAIS compliant) is essential.
• Excellent communication and interpersonal skills.
• Ability to commute to the Bloemfontein office as required by the hybrid schedule.
• A proactive and driven attitude towards business development.

Benefits

• Competitive base salary with attractive commission structure.
• Hybrid work model offering flexibility.
• Opportunities for professional development and career advancement.
• Be part of a reputable and supportive insurance brokerage.
• Access to a diverse range of insurance products and markets.
• Medical aid and provident fund contributions.
• Ongoing training and support to enhance expertise.