Business Developer

Agc Recruitment Pty Ltd; Gauteng; On-site; ZAR 300 000 - 450 000; Full time

Job summary

A leading company in the Short-term Insurance sector seeks an experienced individual to manage and grow their client portfolio. The role involves underwriting, compliance, client relationship management, and team leadership, ensuring adherence to best practices and regulatory requirements. Ideal candidates will have a strong background in financial services and excellent problem-solving skills.

Qualifications

• 3 - 5 years experience in Underwriting and Claims Processing.
• Certification RE 5 required within 2 years.

Responsibilities

• Manage client portfolio and ensure compliance with policies.
• Engage with clients to identify needs and source insurance products.
• Oversee claims process from registration to finalization.

Skills

Problem Solving

Communication

Organizational Skills

Innovative Thinking

Education

Grade 12 / Matric / Equivalent

Certificate / Diploma in Short-term Insurance NQF L4

Tools

MS Office

Job description

POSITION SUMMARY / JOB PURPOSE

To actively pursue the growth of the Company by maintaining the existing book of business and writing new business for the Short-term Insurance department.

The position will also oversee and manage the department and report directly to the General Manager.

MINIMUM REQUIREMENTS

1. Education: Grade 12 / Matric / Equivalent; Certificate / Diploma in Short-term Insurance NQF L4 (Requirement to obtain within 2 years of DOFA)
2. Certification / License: RE 5 (requirement to obtain within 2 years of DOFA)
3. Work Experience: 3 - 5 years Underwriting and Claims Processing; Financial Services related experience

KNOWLEDGE, SKILLS & ABILITIES

• Maintain and manage department systems and procedures
• Proficiency in MS Office (MS Word and MS Excel in particular)
• Excellent problem-solving skills
• Ability to manage multiple projects
• Innovative thinker
• Excellent verbal and written communication skills
• Eagerness to learn and grow with the department
• Adherence to honesty, integrity, and good standing requirements
• Detail-oriented and highly organized

JOB DUTIES

1. Underwriting (Amendments & renewals): Provide suitable advice and intermediary services to clients; Proactively manage the client portfolio, ensuring continuity and compliance with policies, procedures, and requirements; Review policy needs, recommend suitable solutions, obtain and provide quotes, and process amendments.
2. Compliance & Reporting: Maintain best practice standards; comply with statutory and regulatory requirements; record keeping; provide weekly and monthly reports; market the firm; promote services.
3. Client Relationship Management: Engage with clients to identify needs, source suitable insurance products, develop strong relationships, and retain business.
4. Claims: Manage claims process from registration to finalization; communicate with insurers and clients, and provide updates.
5. Teamwork & Leadership: Guide new business and claims assistants; review documentation and templates; assist with implementation.

Key Performance Indicators

• New Business
• Retention ratio
• Identify and develop profitable opportunities
• Provide quotes and advice
• Maintain client communication
• Work effectively with individuals and corporate clients