Insurance Broker

Placements24; Gqeberha; Hybrid; ZAR 300,000 - 460,000; Full time

Benefits offered by this job

Base salary + commission

Hybrid work

Training program

Access to insurers

Own client base

Job summary

Placements24 is seeking a motivated Insurance Broker for our Port Elizabeth client. You will advise clients on coverage, source policies from multiple insurers, and negotiate terms to meet client needs.

This hybrid role allows for in-person client interaction and collaborative teamwork in a dynamic market. In this position you will build strong relationships, manage renewals and claims, and ensure compliance with FAIS and RE regulations while developing your professional skills in a fast-moving

Qualifications

• Proven experience as an Insurance Broker or advisory role.
• Thorough knowledge of insurance products (business, personal, life, health).
• Regulatory compliance experience (FAIS, RE 1 & RE 5).

Responsibilities

• Consult with clients to understand insurance needs, risks, and objectives.
• Research and present options from different providers with policy details.
• Negotiate terms and premiums to meet client needs.
• Manage client portfolios including renewals, endorsements, and claims.
• Maintain relationships with clients and insurers through regular communication.
• Ensure compliance with industry regulations and company policies.

Skills

Sales skills

Negotiation

Interpersonal skills

Education

FAIS / RE 1 & RE 5 qualifications

Job description

About the Role

Our client seeks a motivated and client-focused Insurance Broker to join their established brokerage in Port Elizabeth. You will be responsible for advising clients on appropriate insurance coverage, sourcing policies from various insurers, and negotiating terms to best meet their needs. Building strong relationships and providing expert advice are paramount. This hybrid role allows for valuable in-person client interaction and team collaboration, alongside the flexibility of remote work, supporting professional development in a dynamic market.

Key Responsibilities

• Consult with clients to understand their insurance needs, risks, and financial objectives.
• Research and present a range of insurance options from different providers, explaining policy details and coverage levels.
• Negotiate with insurance companies to secure the best possible terms and premiums for clients.
• Manage client portfolios, including renewals, endorsements, and claims assistance.
• Develop and maintain strong relationships with clients and insurers through regular communication.
• Ensure compliance with all relevant industry regulations and company policies.

Requirements

• Proven experience as an Insurance Broker or a similar advisory role.
• Thorough knowledge of various insurance products (e.g., business, personal, life, health).
• Excellent sales, negotiation, and interpersonal skills.
• Relevant professional qualifications and regulatory compliance (e.g., FAIS, RE 1 & RE 5).
• Ability to work independently and as part of a team in a hybrid model.
• Strong business acumen and a client-centric approach.

Benefits

• Competitive remuneration package including base salary and commission.
• Hybrid working arrangement offering work-life balance.
• Access to a comprehensive suite of insurance products and leading insurers.
• Professional development and ongoing training support.
• Opportunity to build and manage your own client base in Port Elizabeth .