Manager, Accounts CPT

Standard Bank Group; Cape Town; On-site; ZAR 600,000 - 900,000; Full time

Job summary

Standard Bank Group in South Africa seeks a FAIS-compliant insurance advisor to promote sales through brokers and to deliver packaged solutions tailored to client needs.

The role requires FAIS accreditation (NQF5), RE 05, and registration as a cat 1.6 FSP; strong communication and negotiation skills are essential for client engagements and cross-functional collaboration.

Qualifications

• Minimum NQF5 FAIS Accredited Qualification; Degree preferred.
• RE 05.
• Registered FSP Representative (Category 1.6).
• Fully FAIS Compliant.

Responsibilities

• Promotes sales in liaison with brokers and leads; provides packaged solutions based on client needs.
• Receives requests for quotations from clients or stakeholders and responds with suitable proposals.
• Actively promotes company products and services to drive business growth.

Skills

Sales skills

Negotiation

Verbal communication

Written communication

Education

FAIS accreditation (NQF5)

RE 05

Registered FSP Rep (Cat 1.6)

Job description

Standard Bank Group is a leading Africa-focused financial services group, and an innovative player on the global stage, that offers a variety of career-enhancing opportunities – plus the chance to work alongside some of the sector’s most talented, motivated professionals. Our clients range from individuals, to businesses of all sizes, high net worth families and large multinational corporates and institutions. We’re passionate about creating growth in Africa. Bringing true, meaningful value to our clients and the communities we serve and creating a real sense of purpose for you.

Promotes sales in liaison with brokers and financial institution's leads and services brokers. Receives requests for quotations from clients or Stakeholders and provides a packaged solution based on client needs. Actively promotes company products.

Qualification required:

• Minimum NQF5 FAIS Accredited Qualification (Degree Preferred)
• RE 05
• Registered FSP Representative (Category 1.6
• Fit and Proper as determined by FAIS legislation (Honesty, Integrity and Financial Solvency)
• Fully FAIS Compliant

Experience Required:

Experience as determined by FAIS legislation. A minimum of 5 years previous working inexperience commercial short-term insurance either as a Broker or Insurer. Bancassurance experience advantageous.

• Sound knowledge of commercial insurance practices, procedure’s and products.
• A good working knowledge of FAIS and FICA legislation.
• Sales and negotiation skills.
• Excellent verbal and written communication skills.
• A minimum of 5 years previous working experience in Short term insurance is preferable to gain practical exposure to banking principles and to establish credible relationships.

Behavioural Competencies:

• Interacting with People
• Exploring Possibilities
• Examining Information
• Completing Tasks
• Conveying Self-Confidence
• Embracing Change
• Adopting Practical Approaches

Technical Competencies:

• Client Acceptance and Review
• Underwriting and Pricing Risk
• Claims Knowledge
• Insurance Principles
• Insurance Products and Services
• Risk Perception and Assessment
• Underwriting Process
• Underwriting Management