Insurance Broker

Placements24; Sandton; On-site; ZAR 300,000 - 720,000; Full time

Benefits offered by this job

Medical aid

Retirement fund contributions

Job summary

Placements24 is recruiting an Insurance Broker for our client in Sandton, Gauteng. You will identify client insurance needs, assess risks, and recommend suitable policies from multiple providers.

You will negotiate terms and premiums, assist with applications, and maintain ongoing client relationships to ensure service excellence and retention. The role requires a strong knowledge of insurance products, effective communication, and the ability to work independently while managing a portfolio of

Qualifications

• Requires NQF Level 4/5 in Short-Term or Long-Term Insurance.
• Requires successful completion of the RE5 Regulatory Exam.
• Minimum 3 years of experience as an Insurance Broker or similar.
• Proven track record of meeting or exceeding sales and service targets.

Responsibilities

• Consult with clients to identify insurance needs and risk exposures.
• Analyze and compare products from various providers to find best solutions.
• Explain policy options, coverage details, benefits and exclusions clearly.
• Negotiate terms and premiums with insurance companies on behalf of clients.
• Assist clients with the application process and ensure accurate documentation.
• Manage client relationships with ongoing support and policy reviews.
• Stay informed about market trends, new products, and regulatory changes.

Skills

Strong communication

Negotiation

Interpersonal skills

MS Office

Brokerage software

Sales targets

Education

NQF 4/5 in Insurance

RE5 Regulatory Exam

Tools

MS Office

Brokerage software

Job description

About the Role

Our client, a well-established brokerage firm, is actively seeking a motivated and client-oriented Insurance Broker to join their thriving practice in Sandton, Gauteng . This role is crucial for advising clients on their insurance needs and securing the most suitable coverage from a range of providers. You will be responsible for understanding client requirements, assessing risks, recommending appropriate policies, and negotiating terms. The ideal candidate possesses excellent communication and interpersonal skills, a strong understanding of the insurance market, and a commitment to providing exceptional client service. This is an excellent opportunity to build a successful career in insurance brokerage, working with a diverse clientele and contributing to a reputable firm. We value integrity, professionalism, and client advocacy.

Key Responsibilities

• Consult with clients to identify their insurance needs and risk exposures.
• Analyze and compare insurance products from various providers to find the best solutions.
• Explain policy options, coverage details, benefits, and exclusions clearly to clients.
• Advise clients on appropriate levels of coverage and risk management strategies.
• Negotiate terms and premiums with insurance companies on behalf of clients.
• Assist clients with the application process and ensure all documentation is accurate.
• Manage client relationships, providing ongoing support and policy reviews.
• Stay informed about market trends, new products, and regulatory changes.
• Handle client inquiries and resolve issues promptly and professionally.
• Achieve and exceed sales and retention targets.

Requirements

• A relevant qualification such as NQF Level 4 or 5 in Short-Term or Long-Term Insurance is required.
• Successful completion of the Regulatory Exam (RE 5) is essential.
• Minimum of 3 years of experience as an Insurance Broker or in a similar client-facing insurance role.
• Proven track record of meeting or exceeding sales and service targets.
• Excellent knowledge of insurance products, markets, and regulations.
• Strong communication, negotiation, and interpersonal skills.
• Client-focused with a passion for providing exceptional service.
• Ability to work independently and manage a portfolio of clients effectively.
• Proficiency in using brokerage software and MS Office Suite.
• High level of integrity and professionalism.

Benefits

Our client offers a competitive salary plus commission structure, uncapped earning potential, and a comprehensive benefits package including medical aid and retirement fund contributions. This role is based in our modern offices in Sandton, Gauteng , providing a professional and dynamic work environment. You will receive ongoing training, professional development support, and opportunities for career advancement. Join a reputable brokerage known for its client-centric approach and strong market presence.