Commercial Insurance Specialist

Placements24; Bloemfontein; Hybrid; ZAR 420,000 - 660,000; Full time

Benefits offered by this job

Hybrid work model

Medical benefits

Retirement benefits

Job summary

Placements24 in Welkom is seeking a knowledgeable Commercial Insurance Specialist to provide expert risk assessment and tailored coverage for businesses.

You will work with business owners to understand operations, present proposals, and manage a portfolio while staying aware of market trends and regulatory changes.

The role offers hybrid work, a supportive team, and opportunities for professional growth within the commercial insurance sector.

Qualifications

• Significant experience in commercial insurance and risk assessment.
• Strong knowledge of commercial products and underwriting principles.
• Excellent client relationship management and negotiation skills.
• Ability to analyze complex business needs and propose coverage strategies.
• Relevant insurance qualifications or commitment to obtaining them.

Responsibilities

• Assess commercial clients' insurance needs and advise on risk management.
• Develop tailored commercial proposals including property, liability, and BI coverages.
• Manage a portfolio of clients, aiming for retention and cross-selling.
• Negotiate terms with providers for favorable pricing.
• Support clients through claims and stay updated on market/regulatory changes.

Skills

Commercial insurance

Risk assessment

Client relationship management

Negotiation skills

CRM usage

Education

Relevant insurance qualifications

Tools

CRM systems

Insurance software

Job description

About the Role

Our client is seeking a knowledgeable and proactive Commercial Insurance Specialist to join their thriving branch in Welkom . This role focuses on providing expert advice and solutions for businesses, assessing their unique risks, and developing comprehensive commercial insurance portfolios. You will work closely with business owners and managers to understand their operations and recommend appropriate coverage. This position offers a fantastic opportunity to grow your career within the commercial insurance sector in the Free State , working within a company dedicated to client success and tailored financial solutions.

Key Responsibilities

• Assess the insurance needs of commercial clients and provide expert advice on risk management.
• Develop and present tailored commercial insurance proposals, including property, liability, and business interruption coverages.
• Manage a portfolio of commercial clients, ensuring retention and identifying opportunities for cross-selling.
• Liaise with insurance providers to secure optimal terms and pricing for clients.
• Handle claims inquiries and assist clients throughout the claims process.
• Stay updated on commercial insurance market trends and regulatory changes.

Requirements

• Significant experience in commercial insurance, with a strong understanding of business risks.
• Excellent knowledge of various commercial insurance products and underwriting principles.
• Strong client relationship management and negotiation skills.
• Ability to analyze complex business needs and propose effective insurance strategies.
• Relevant insurance qualifications or a commitment to obtaining them.
• Proficiency in CRM systems and relevant insurance software.

Benefits

• Competitive salary package with performance-based incentives.
• Hybrid work model offering a blend of office-based and remote work flexibility.
• Opportunities for professional growth and advancement in commercial insurance.
• Comprehensive medical and retirement benefits.
• A dynamic team environment with a focus on client-centric service.