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A leading consulting firm seeks a New Business Executive in Sandton to drive client acquisition and enhance business growth. The role involves sourcing clients, managing communications, and collaborating with marketing to align strategies. Candidates should be FAIS qualified with extensive experience in short term insurance and direct business development.
New Business Executive - Commercial
Area : Stellenbosch or Sandton, Gauteng
Salary : R50000 p / m (Includes medical aid & provident fund) plus Commission 15%; petrol, cell phone, data (home Wi-Fi)
Purpose of the position : To source and sign new clients in order to grow the business.
Duties :
Identify and arrange meetings with prospective new clients
Provide accurate information to clients through understanding the business
Regular new client interactions and documented outcomes / discussions (New Business list)
Meeting FAIS requirements in terms of documentation and client record of advice
Manage and facilitate communication and co-operation with the relevant team members to maximise the quality and probability of success in client pitches.
Project manage all aspects of the new business process from lead generation to client pitch.
Work with the relevant business to ensure the smooth onboarding and integration of the client
Working closely with the Marketing team to align the overall marketing strategy to the specific new business strategy.
Manage and maintain a pipeline new business prospects and targets
Develop and maintain productive working relationships with clients, colleagues and the market
Skills, qualifications and experience
Qualified FAIS representative for client advice (RE5)
Relevant financial or insurance related qualification preferred
Minimum of 5 years short term insurance industry experience.
Direct new business development experience preferred
Comfortable to converse with C Suite level clients