Insurance Sales Executive - Corporate Clients

Placements24

Vereeniging

Hybrid

ZAR 420,000 - 600,000

Full time

3 days ago
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Benefits offered by this job

Uncapped commission
Medical aid
Retirement fund
Leads provided
Hybrid work
Career advancement

Job summary

Placements24 in Vereeniging seeks an Insurance Sales Executive to build and manage corporate client relationships, tailoring commercial insurance solutions, and driving target-driven sales. You will identify leads, conduct needs analyses, present proposals, and close deals.

The role requires strong insurance product knowledge, negotiation and communication skills, and a proven sales track record. A hybrid work model and career progression opportunities are offered.

Qualifications

  • Matriculation certificate or equivalent qualification.
  • RE 1 or relevant insurance diplomas are advantageous.
  • Minimum of 4 years of proven experience in B2B sales, preferably within insurance or financial services.
  • Demonstrated success in achieving and exceeding sales targets.
  • Strong understanding of commercial insurance products and risk management principles.
  • Excellent communication, presentation, and negotiation skills.
  • Proficiency in CRM software and MS Office Suite.
  • Self-motivated with a strong work ethic and ability to work independently.
  • Valid driver's license and reliable transport.
  • Must be based in or willing to relocate to the Vereeniging, Gauteng area.

Responsibilities

  • Identify and prospect new corporate clients within the assigned territory.
  • Conduct thorough needs assessments to understand clients' business operations and insurance requirements.
  • Develop and present customized insurance proposals and solutions.
  • Negotiate terms and conditions with clients to achieve mutually beneficial agreements.
  • Close sales and achieve individual and team sales targets.
  • Maintain and grow relationships with existing corporate clients, ensuring client satisfaction and retention.
  • Stay updated on market trends, competitor activities, and new insurance products.
  • Collaborate with internal teams (underwriting, claims) to ensure seamless service delivery.
  • Prepare sales reports and forecasts for management.
  • Adhere to all industry regulations and company policies.

Skills

B2B sales
Insurance knowledge
CRM software
MS Office
Negotiation
Communication
Self-motivation
Driver's license

Education

Matriculation
RE 1 / insurance diplomas (advantageous)
Relevant tertiary qualification

Tools

CRM software
MS Office

Job description

About the Role

Our client, a dynamic and rapidly expanding insurance brokerage, is looking for a motivated and results-driven Insurance Sales Executive to join their team in Vereeniging, Gauteng. This role focuses on developing and managing relationships with corporate clients, providing tailored insurance solutions to meet their diverse business needs. You will be responsible for identifying potential leads, conducting needs analyses, presenting proposals, and closing sales. The ideal candidate will possess a strong understanding of commercial insurance products, excellent negotiation skills, and a passion for exceeding sales targets. This is a fantastic opportunity to build a rewarding career in insurance sales, with a company that offers excellent support, training, and career advancement opportunities. The hybrid work model allows for a flexible approach, combining client-facing activities with remote administrative and planning tasks. Based in Vereeniging, you will serve a key economic hub, offering significant potential for business development. We are seeking an ambitious individual who thrives in a challenging sales environment and is dedicated to delivering exceptional value to clients. Your ability to understand complex business risks and propose effective insurance strategies will be crucial to your success. The company culture emphasizes collaboration and continuous professional growth, making this an attractive position for ambitious sales professionals.

Key Responsibilities
  • Identify and prospect new corporate clients within the assigned territory.
  • Conduct thorough needs assessments to understand clients' business operations and insurance requirements.
  • Develop and present customized insurance proposals and solutions.
  • Negotiate terms and conditions with clients to achieve mutually beneficial agreements.
  • Close sales and achieve individual and team sales targets.
  • Maintain and grow relationships with existing corporate clients, ensuring client satisfaction and retention.
  • Stay updated on market trends, competitor activities, and new insurance products.
  • Collaborate with internal teams (underwriting, claims) to ensure seamless service delivery.
  • Prepare sales reports and forecasts for management.
  • Adhere to all industry regulations and company policies.
Requirements
  • Matriculation certificate or equivalent qualification.
  • Relevant tertiary qualification or industry-specific certifications (e.g., RE 1, relevant insurance diplomas) are advantageous.
  • Minimum of 4 years of proven experience in B2B sales, preferably within the insurance or financial services sector.
  • Demonstrated success in achieving and exceeding sales targets.
  • Strong understanding of commercial insurance products and risk management principles.
  • Excellent communication, presentation, and negotiation skills.
  • Proficiency in CRM software and MS Office Suite.
  • Self-motivated with a strong work ethic and ability to work independently.
  • Valid driver's license and reliable transport.
  • Must be based in or willing to relocate to the Vereeniging, Gauteng area.
Benefits
  • Competitive base salary plus uncapped commission structure.
  • Performance incentives and awards.
  • Comprehensive medical aid and retirement fund.
  • Company-provided leads and marketing support.
  • Ongoing sales training and professional development opportunities.
  • Opportunities for career advancement into senior sales or management roles.
  • Hybrid work arrangement offering flexibility.
  • Positive and supportive team environment.
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