Financial Consultant

Miltonresourcing; Centurion; On-site; ZAR 300 000 - 500 000; Full time

Job summary

A leading company in the insurance industry is seeking a dynamic Financial Consultant to join their Retail Life Insurance department. The role focuses on attracting and retaining clients by delivering tailored risk insurance solutions. Candidates should possess a Matric, relevant FAIS qualifications, and at least 3 years of sales experience in life insurance. Strong communication, financial analysis, and compliance knowledge are essential for success in this position.

Qualifications

• Matric qualification required.
• FAIS qualifications (preferably RE5 and COB3) needed.
• 3-year diploma or degree in Financial Planning, Business Finance, or Economics.

Responsibilities

• Engage with prospective clients to highlight features and benefits of risk products.
• Conduct client financial needs analysis to create customized life insurance solutions.
• Achieve set targets for production quality and conversion rates.

Skills

Strong communication and interpersonal skills

Sales and negotiation skills

Financial analysis and advisory skills

Compliance and regulatory knowledge

Education

3-year diploma or degree in Financial Planning, Business Finance, or Economics

FAIS required qualifications (preferably RE5 and COB3)

Matric

Job description

Are you a dynamic sales professional who wants to grow their career in supporting clients towards their financial security? Our client, a major player in the insurance industry, is looking for you to join their Retail Life Insurance department as a Financial Consultant.

Role Purpose

The purpose of this role is to attract, acquire, and retain clients by designing and delivering risk insurance solutions that support their financial wellness.

Requirements

• Matric
• FAIS required qualifications (preferably RE5 and COB3)
• 3-year diploma or degree in Financial Planning, Business Finance, or Economics (minimum NQF level 5)
• Aspirations towards becoming a Certified Financial Planner (CFP)
• 3 years sales experience in the life insurance industry
• Fit and proper person

Duties and Responsibilities

• Engage with prospective clients to highlight features and benefits of risk products based on their life insurance quote.
• Engage telephonically with clients and fulfill the process.
• Conclude client engagements digitally.
• Conduct client financial needs analysis to create customized life insurance solutions aligned with their financial goals.
• Calculate and educate clients on tax and legal implications of products and changes.
• Accurately capture client information, actions, and sales on the system.
• Complete all administrative and reporting requirements within specified timeframes.
• Achieve set targets for production quality and conversion rates.
• Adhere to compliance requirements in line with legislative standards.
• Investigate client queries within the agreed service levels and ensure timely feedback.
• Resolve or escalate client queries to relevant departments to ensure exceptional service.
• Build and maintain client relationships by presenting trustworthy and innovative product offerings through professional financial advisory services.
• Develop and maintain collaborative relationships with peers and stakeholders.
• Continuously develop industry and legislative knowledge.
• Engage in problem solving and task management.
• Adapt to different buyer behaviors.

Experience

Contract

Key Skills

• Strong communication and interpersonal skills
• Sales and negotiation skills
• Financial analysis and advisory skills
• Compliance and regulatory knowledge

Employment Details

• Type: Full-Time
• Vacancies: 1

Location

Centurion, Gauteng, South Africa