Branch Consultant/ Financial Advisor - Kwagga

Sanlam; eMalahleni; On-site; ZAR 200 000 - 400 000; Full time

Job summary

Join a leading financial services institution where you can make a real impact! This role focuses on promoting products and enhancing client relationships within a dynamic branch environment. You will be responsible for providing exceptional client service, understanding their financial needs, and ensuring compliance with industry standards. With a strong emphasis on sales and cross-selling strategies, this position offers the opportunity to grow your career while contributing to a diverse and inclusive workplace. If you are passionate about helping clients achieve their financial goals and thrive in a fast-paced environment, this is the perfect opportunity for you.

Qualifications

• 1 year experience in sales or marketing, preferably in insurance.
• Knowledge of insurance products and regulatory requirements is ideal.

Responsibilities

• Promote products and provide high-level client service in a branch context.
• Manage client profiles and ensure retention through effective communication.
• Adhere to compliance and quality standards while reporting on activities.

Skills

Client service

Sales tactics

Cross-selling strategies

Insurance knowledge

Analysing information

Strong communication

Customer service orientation

Organising skills

Adaptability

Education

Matric (Grade 12)

RE5 certification

FAIS Compliance

Job description

Who are we?

Sanlam is a leading Financial Services Institution, which provides services in the fields of Individual Life Insurance, Group Life Insurance, Unit Trusts and Asset Management. To give substance to its objective to be fully-fledged Namibian Insurer, Sanlam is increasingly introducing greater financial and technical expertise.

PURPOSE OF THE ROLE

To promote Sanlam Retail Mass (SRM)’s products and increase market share through:

1. Providing sound financial advice and a high level of client service in a Branch context.
2. Creating opportunities for client optimisation and cross selling of value-added services.

KEY RESPONSIBILITIES

1. Sales delivery
   Gain and maintain an in-depth understanding of SRM product ranges. Gain an understanding of the customer’s needs, financial goals and means, and provide the right product (or selection of products) that will satisfy the goals of the customer in the best and most affordable way possible. Continuously update and inform customers of new products, or changes in existing products. Manage, review, and incorporate the implications of product changes on the customer’s portfolio accordingly. Validate client details in line with product and regulatory requirements. Submit new business through the right channels. Conduct due diligence on clients to identify and flag risks. Manage own capacity to ensure daily appointments are being prioritised while allowing time for and capitalising on walk-in / non-appointment clients.
2. In-branch client service and client retention
   Responsible for servicing and managing all client profiles to ensure clients remain on the books. Send payment reminders, conduct follow-ups, and remain in contact to address potential queries or to provide support. Manage and report on NTUs (clients Not Taken Up) by putting controls in place, and taking corrective actions where required. Manage persistency of client payments in favour of both the branch and the client. Gain insight into client risk profiles to proactively identify where support will be required. Consult with clients on alternative payment arrangements and ensure it gets processed through and noted on the right platforms. Responsible for in-branch servicing in line with client experience standards: Apply product knowledge to accurately guide clients through policy cancellations and provide alternative options. Resolve various types of client queries in the branch as far as possible or escalate queries to the right stakeholders by using the existing escalation framework. Follow up on the status and continuously provide feedback to the client.
3. Quality, compliance and continuous development
   Remain up to date with and continuously adhere to compliance and quality standards. Keep up to date with own registration, product knowledge and maintenance of own CPD points. Identify risks and flag potentially fraudulent activities. Keep and store relevant records of advice. Log all activities as per regulations and standard operating procedures, and provide data to relevant stakeholders to inform reporting and decision making.
4. Monthly planning and reporting
   Responsible for reporting on activities daily, through using relevant technology platforms. Collate data on activities to deliver on weekly and monthly reporting deadlines. Perform any ad-hoc requirements as requested by the Retail Branch Manager.

KNOWLEDGE AND SKILLS

Knowledge:
Client service. Sales and cross-selling tactics and strategies (client optimisation). Knowledge on the Insurance landscape including regulatory requirements and guidelines for selling and providing advice would be ideal. Knowledge on insurance products would be advantageous.

Experience:
One year experience in a sales or marketing capacity. Experience within insurance branches an advantage.

SKILLS & COMPETENCIES

• Persistently focused on achieving targets
• Analysing information
• Technologically orientated
• Selling and influencing skills
• Critical thinking skills
• Strong communicator (verbally and in writing)
• Strong customer service orientation
• Organising skills
• Adaptable and open to learning

QUALIFICATIONS

Matric (Grade 12)
RE5 a must.
FAIS Compliant (Wealth Management) as per DOFA requirements.
Class of Business training (to be completed within 12-months of employment)
CPD Hours.

CONDITIONS OF EMPLOYMENT

Clear criminal and credit check
Own / Reliable transport

The Sanlam Group is committed to achieving transformation and embraces diversity. This commitment is what drives us to achieve a diverse, inclusive and equitable workplace as we believe that these are the key components to ensure a thriving and sustainable business in South Africa. The Group's Employment Equity plan and targets will be considered as part of the selection process.