Manager, Accounts KZN

Standard Bank Group; Durban; On-site; ZAR 400,000 - 500,000; Full time

Job summary

A leading financial services group in Durban is seeking an experienced professional to promote sales and provide tailored insurance solutions. Candidates should possess a minimum NQF5 FAIS Accredited Qualification and have at least 5 years in commercial short-term insurance, demonstrating strong sales and negotiation skills. This role offers an opportunity to contribute to client growth and engagement with various financial institutions.

Qualifications

• Must be fully FAIS Compliant.
• Fit and Proper as determined by FAIS legislation.

Responsibilities

• Promotes sales in liaison with brokers and financial institution leads.
• Provides a packaged solution based on client needs.
• Actively promotes company products.

Skills

Sales and negotiation skills

Excellent verbal and written communication skills

Sound knowledge of commercial insurance practices

Understanding of FAIS and FICA legislation

Education

Minimum NQF5 FAIS Accredited Qualification

Job description

Overview

Standard Bank Group is a leading Africa-focused financial services group with opportunities to work alongside talented professionals. We are passionate about creating growth in Africa and delivering value to clients and communities we serve.

Responsibilities

• Promotes sales in liaison with brokers and financial institution 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.

Qualifications

• Type of Qualification: Minimum NQF5 FAIS Accredited Qualification (Degree Preferred)
• Regulatory Exam Certificate (RE5)
• Registered FSP Representative (Category 1.6)
• Must be fully FAIS Compliant
• Fit and Proper as determined by FAIS legislation (Honesty, Integrity and Financial Solvency)

Experience Required

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

• Adopting Practical Approaches
• Challenging Ideas
• Checking Things
• Documenting Facts
• Establishing Rapport
• Examining Information
• Exploring Possibilities
• Following Procedures
• Interacting with People
• Interpreting Data
• Making Decisions
• Managing Tasks
• Meeting Timescales
• Producing Output
• Providing Insights
• Resolving Conflict
• Seizing Opportunities
• Taking Action
• Team Working
• Upholding Standards

Technical Competencies

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