Insurance Sales Executive

Placements24; Mtubatuba Local Municipality; On-site; ZAR 240,000 - 420,000; Full time

Benefits offered by this job

Uncapped commission

Medical aid

Retirement fund

Training & development

Career progression

Job summary

Placements24 is seeking an Insurance Sales Executive for our Richards Bay branch in KwaZulu-Natal. The role focuses on identifying new business opportunities, advising clients on tailored insurance products, and closing sales through strong relationship-building skills.

You will engage with potential clients, conduct needs analyses, and deliver compelling proposals while meeting sales targets. A valid driver's license and own vehicle are required for client visits, with CRM and MS Office

Qualifications

• A Grade 12 certificate is mandatory; a relevant tertiary qualification (e.g., NQF Level 4 in Long-Term Insurance) is highly advantageous.
• RE 5 qualification and FAIS accreditation (Fit and Proper requirements) are essential.
• Minimum of 3 years of proven insurance sales or related client-facing sales experience.
• Proven track record in achieving sales targets and growing a client base.
• Excellent communication, interpersonal and presentation skills.

Responsibilities

• Identify and pursue new sales leads through networking, referrals, and outreach.
• Conduct needs analysis to understand client financial and risk requirements.
• Present insurance products with benefits and features relevant to client needs.
• Prepare customized proposals and quotes for clients.
• Negotiate terms and close sales while ensuring client satisfaction.

Skills

Sales experience

Communication

Negotiation

CRM software

MS Office

Driver's license

Own vehicle

Education

Matric (Grade 12)

NQF4 Long-Term Insurance

FAIS accreditation

Tools

CRM software

Job description

About the Role

Our client, a prominent and trusted provider of comprehensive insurance solutions, is actively seeking an ambitious and results-driven Insurance Sales Executive to join their thriving branch in **Richards Bay, KwaZulu-Natal**. This dynamic role is responsible for driving sales growth by identifying new business opportunities, building strong client relationships, and offering tailored insurance products to meet diverse customer needs. You will be at the forefront of engaging with potential clients, understanding their unique requirements, and providing expert advice on a range of insurance policies. The successful candidate will be a persuasive communicator with a passion for sales and a deep understanding of the insurance market in **KwaZulu-Natal**. This is an excellent opportunity to build a rewarding career in a client-facing role within a supportive corporate environment.

Key Responsibilities

• Proactively identify and pursue new sales leads through various channels, including networking, referrals, and direct outreach.
• Conduct in-depth needs analysis with prospective clients to understand their financial and risk management requirements.
• Present and explain insurance products and services, highlighting benefits and features relevant to client needs.
• Prepare and deliver customized insurance proposals and quotes.
• Negotiate terms and close sales, ensuring client satisfaction and adherence to company standards.
• Build and maintain strong, long-lasting relationships with a portfolio of clients.
• Achieve and exceed individual and team sales targets on a consistent basis.
• Stay informed about market trends, competitor activities, and new insurance products.
• Collaborate with internal teams to ensure smooth policy issuance and client onboarding.
• Provide post-sales support and service to existing clients, fostering loyalty and identifying cross-selling opportunities.

Requirements

• A Grade 12 certificate is mandatory; a relevant tertiary qualification (e.g., NQF Level 4 in Long-Term Insurance or similar) is highly advantageous.
• RE 5 qualification and relevant FAIS accreditation (Fit and Proper requirements) are essential.
• Minimum of 3 years of proven experience in insurance sales or a related client-facing sales role.
• Demonstrated success in achieving sales targets and growing a client base.
• Excellent communication, interpersonal, and presentation skills.
• Strong negotiation and closing abilities.
• Self-motivated with a proactive and results-oriented approach.
• Proficiency in CRM software and MS Office Suite.
• A valid driver's license and own reliable vehicle are required for client visits.
• Residing within or having a strong connection to the **Richards Bay** area is preferred.

Benefits

• Competitive basic salary plus uncapped commission structure.
• Opportunity to represent a reputable and well-established insurance brand.
• Extensive product training and ongoing sales support.
• Career advancement opportunities within a growing organization.
• Incentive programs and performance-based rewards.
• Potential for business development and team leadership roles.
• Provision of marketing and sales tools.
• Company-sponsored medical aid and retirement fund contributions.