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New Business Executive Commercial

Watershed Consulting

Stellenbosch

On-site

ZAR 200,000 - 300,000

Full time

30+ days ago

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Job summary

A leading company in the insurance sector seeks a skilled Business Development Representative to source and sign new clients. The role involves managing the entire new business process, from lead generation to client onboarding, while ensuring compliance with FAIS requirements. Candidates should have a strong background in the short-term insurance industry and be comfortable engaging with executive-level clients.

Qualifications

  • Minimum of 5 years experience in the short-term insurance industry.
  • Comfortable conversing with C-suite level clients.

Responsibilities

  • Identify and arrange meetings with prospective new clients.
  • Manage all aspects of the new business process from lead generation to client pitch.
  • Collaborate with the Marketing team to align strategies with new business objectives.

Skills

Marketing
Lead Generation
Business Development
Documentation

Education

Relevant financial or insurance-related qualification
Qualified FAIS representative (RE5)

Job description

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 :

  1. Identify and arrange meetings with prospective new clients
  2. Provide accurate information to clients through understanding the business
  3. Maintain regular interactions with new clients and document outcomes/discussions (New Business list)
  4. Meet FAIS requirements regarding documentation and client advice records
  5. Coordinate communication and collaboration with relevant team members to enhance success in client pitches
  6. Manage all aspects of the new business process from lead generation to client pitch
  7. Ensure smooth onboarding and integration of new clients with relevant business units
  8. Collaborate with the Marketing team to align marketing strategies with new business objectives
  9. Maintain a pipeline of new business prospects and targets
  10. Develop and nurture productive relationships with clients, colleagues, and the market

Skills, qualifications, and experience :

  1. Qualified FAIS representative for client advice (RE5)
  2. Relevant financial or insurance-related qualification preferred
  3. Minimum of 5 years experience in the short-term insurance industry
  4. Comfortable conversing with C-suite level clients

Skillset Required : Marketing, Lead Generation, Insurance Industry, Business Strategy, Marketing Strategy, Business Development, Documentation

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