OUTsurance Short Term Broker - Stellenbosch

OUTsurance; Stellenbosch; On-site; ZAR 50 000 - 200 000; Full time

Job summary

A financial services company in Stellenbosch seeks an OUTsurance Broker to develop business insurance portfolios through new client acquisition and service existing clients. The position requires strong communication skills, insurance qualifications, and the ability to work independently. Preference will be given to individuals from designated groups in accordance with Employment Equity goals.

Qualifications

• Completed Matric or National Senior Certificate.
• FAIS credits/Full Insurance Qualifications based on DOFA.
• Must have your own reliable transport.

Responsibilities

• Prospect for new clients through networking, cold calling, and canvassing.
• Conduct comprehensive risk evaluation for clients.
• Provide ongoing service and support to clients.

Skills

Communication (verbal and written) in English

Numerical & mathematical skills

Team supervisory skills

Analytical skills

Problem-solving skills

Presentation and facilitation skills

Education

Completed Matric or National Senior Certificate

FAIS credits/Full Insurance Qualifications

RE5 (Depending on DOFA)

Job description

OUTsurance Short Term Broker - Stellenbosch

Full-time

FAIS: Financial Advice Giving Role

Skillset: OUTSURANCE BROKER

OUTsurance is a customer-centric financial services company with a global footprint. We are vibrant, successful and values orientated with an awesome dynamic culture encapsulated by the ethos that clients and staff “always get something OUT.” Our success can be attributed, amongst other things, to the outstanding people that work for us.

Overview and Purpose of the Role

Our business product offering has grown significantly over the years which has led to the development of the face to face channel. To facilitate this model the positions of OUTsurance Broker have emerged. The incumbent of this position will be responsible for growing and developing the business insurance portfolio.

The key outputs for this role

• New Business sales
• Client service and management
• High level performance

The OUTsurance Broker must align themselves with the OUTsurance culture and values of Awesome Service, Passionate, Honest, Human, Dynamic and Recognition.

Responsibilities

• Build your own insurance portfolio by: Prospect for new clients through networking, cold calling and door-to-door canvassing for new business
• Effective communication with both internal stakeholders and clients
• Conduct a comprehensive risk evaluation for the client
• Provide solutions to clients by selling OUTsurance short term products aligned to the needs of the client
• Draft, track and measure your personal business plan
• Provide ongoing service and support to your individual client base (amendments, renewals, claims etc.)
• Retention of existing business including renewal discussion in line with FAIS
• Develop internal/external relationships with clients
• Continuous building of your client base hence securing future income
• Keep abreast with the commercial insurance market changes and developments
• Achieve/Exceed targets consistently
• Provide feedback to line management when requested
• Attend all weekly and ad hoc team meetings
• Work closely with internal stakeholders that is, underwriting/actuarial, claims as well as surveying
• Adhere to all quality standards and measures in place

Requirements / Qualifications

• Completed Matric or National Senior Certificate
• FAIS credits/Full Insurance Qualifications (Depending on DOFA)
• RE5 (Depending on DOFA)
• Must have your own reliable transport
• Valid code B driver’s license
• 3 years external sales experience (If not from the insurance industry)
• Communication (verbal and written) in English
• Numerical & mathematical skills
• Team supervisory skills
• Confident and enthusiastic self-starter who can take initiative
• Must be able to work independently as well as part of a team - balances team and individual responsibility, provides and accepts feedback
• Analytical skills
• Problem-solving skills
• Relationship management skills
• Presentation and facilitation skills
• Resilience - Ability to work well under pressure in dynamic environment
• Flexible and adaptable
• Influential, concise, rational and practical communicator
• Creative flair and innovative thinker
• Relationship management
• Discretion, judgment and high levels of trust

In accordance with OUTsurance Insurance Company Ltd Employment Equity goals, preference will be given to individuals who meet the job requirements and are from the various designated groups.

Reporting Lines

The OUTsurance Broker will report directly to the Regional Manager and will work closely with the wider Face to Face channel.