Corporate Insurance Broker

Placements24; Polokwane; Hybrid; ZAR 540,000 - 780,000; Full time

Benefits offered by this job

Competitive salary

Commission structure

Medical aid

Retirement fund

Hybrid work

CPD training

Job summary

Placements24 in Polokwane, Limpopo is seeking a Corporate Insurance Broker for a hybrid role combining in-person and remote client engagements. You will identify client needs, source insurance from multiple insurers, negotiate terms, and support clients through renewals and risk management.

The role emphasizes building lasting relationships with a diverse corporate portfolio. The ideal candidate has an insurance background with FAIS and RE1 credentials, at least four years of corporate-broker

Qualifications

• A relevant degree or diploma in Business, Finance, Insurance, or a related field.

Responsibilities

• Develop and maintain strong relationships with corporate clients across industries.
• Assess clients' insurance needs and recommend appropriate coverage solutions.
• Source insurance policies from a range of reputable insurers, comparing terms and premiums.
• Negotiate policy terms, conditions, and pricing with insurers on behalf of clients.
• Prepare and present insurance proposals and recommendations to clients.
• Manage the renewal process for existing corporate policies, ensuring client retention.
• Handle client inquiries, claims support, and provide advice on risk management.
• Stay updated on insurance market developments, products, and regulatory changes.
• Collaborate with internal teams (e.g., claims handlers, risk advisors) to ensure comprehensive client service.
• Meet and exceed individual sales and client satisfaction targets.

Skills

Client relationship management

Negotiation

Communication

Presentation skills

Sales experience

Analytical thinking

Education

Business/Finance/Insurance degree or diploma

RE 1 qualification

FAIS accreditation

Tools

Brokerage management systems

MS Office

Job description

About the Role

Our client, a distinguished insurance brokerage firm based in Polokwane, Limpopo , is seeking a professional and client-focused Corporate Insurance Broker. This hybrid role involves engaging with corporate clients both in person and remotely, offering tailored insurance solutions. The successful candidate will be responsible for identifying client needs, sourcing appropriate insurance products from various insurers, negotiating terms, and providing ongoing support. You will play a crucial role in building and maintaining relationships with a portfolio of corporate clients, ensuring their risks are adequately covered. This is an excellent opportunity for a driven individual to excel in the insurance brokerage sector within the vibrant economic landscape of Polokwane .

Key Responsibilities

• Develop and maintain strong relationships with corporate clients across various industries.
• Assess clients' insurance needs and recommend appropriate coverage solutions.
• Source insurance policies from a range of reputable insurers, comparing terms and premiums.
• Negotiate policy terms, conditions, and pricing with insurers on behalf of clients.
• Prepare and present insurance proposals and recommendations to clients.
• Manage the renewal process for existing corporate policies, ensuring client retention.
• Handle client inquiries, claims support, and provide advice on risk management.
• Stay updated on insurance market developments, products, and regulatory changes.
• Collaborate with internal teams (e.g., claims handlers, risk advisors) to ensure comprehensive client service.
• Meet and exceed individual sales and client satisfaction targets.

Requirements

• A relevant degree or diploma in Business, Finance, Insurance, or a related field.
• RE 1 (Representative Employer) qualification and relevant FAIS accreditation are mandatory.
• A minimum of 4 years of experience as an insurance broker, preferably with a focus on corporate or commercial clients.
• Proven track record in sales and client relationship management.
• In-depth knowledge of various commercial insurance products (e.g., property, liability, business interruption, marine).
• Strong negotiation, communication, and presentation skills.
• Ability to analyze client needs and market offerings effectively.
• Proficiency in using brokerage management systems and standard office software.
• Ability to work effectively in a hybrid model, balancing remote and in-office responsibilities.
• Understanding of the South African insurance market and regulatory framework.

Benefits

• Our client offers a competitive salary with an attractive commission structure, reflecting the importance of this client-facing role.
• Benefits include medical aid and participation in a retirement fund.
• The hybrid work arrangement provides flexibility, balancing client meetings and office-based tasks.
• Professional development opportunities, including industry-specific training and CPD points, are supported.
• This position is based in Polokwane , offering a significant role within a reputable brokerage firm.