Placement Leader

WTW; Cape Town; On-site; ZAR 500 000 - 700 000; Full time

Job summary

A leading insurance brokerage firm in Cape Town is seeking an experienced Placement Broker to lead the regional placement team. This role involves managing complex risks, overseeing placement strategies, and maintaining strong market relationships. The ideal candidate will have at least 7 years of relevant experience and strong communication skills in English and Afrikaans. The position offers a hybrid work schedule for flexibility.

Qualifications

• At least 7 years of experience as a Placement Broker.
• FAIS compliant: RE5 as well as 120 credits at NQF level 5.
• Experience in placing/handling medium to complex risks.
• Compliance and quality management expertise.

Responsibilities

• Lead the regional placement team and manage account allocations.
• Oversee the placement strategy and execution.
• Maintain market relationships and support client servicing.
• Ensure adherence to Group Policies and regulatory requirements.

Skills

Placement Broking

Technical knowledge of insurance

Communication skills in English and Afrikaans

Customer interfacing

Computer skills (Excel, Word, PowerPoint, Outlook)

Education

Relevant degree or 120 credits at NQF level 5

Job description

Description

The Role

Duties include, but are not limited to:

• Effectively lead the regional placement team including team engagement and management of account allocations
• Performance management and mentoring of placement team
• Oversee and support the placement strategy and execution of all accounts
• Identify potential placement challenges, proactively source and offer fit for purpose solutions for our clients
• Provide support to client servicing, new business, network business and claims teams when required
• Represent the region in national insurer liaison meetings and calls
• Provide support to Heads of Property and Casualty as and when needed
• Contribute to process improvements and the effective utilization of Broking Platform
• Maintain and develop market/underwriting relationships
• Responsible for the broking of identified key accounts within the region
• Produce accurate acceptance slips, policy wordings and renewal cover and premium comparisons
• Identify appropriate markets and agree marketing strategy with the account executive
• Coordinate placements with Willis UK and Willis Fac as may be required
• Seek adequacy of coverage and competitive rates for clients and prospects
• Provide coverage and program design advice to account executives and clients
• Ensure that the insurer / Willis issued policy documents have been received, checked and provided to Account Executive within agreed timeframes
• Ensure adherence to Group Policies, Standards and Procedures, as well as compliance with local procedures and external regulatory requirements.

Qualifications

The Requirements

• At least 7 years experience as a Placement Broker
• FAIS compliant: RE5 as well as 120 credits at NQF level 5 (or relevant degree)
• Technical knowledge of all lines of insurance as well as insurance contracts/structure
• Knowledge and understanding of the global marketplace
• Experience in placing/handling medium to complex risks
• Compliance and quality management expertise
• Computer skills, including Excel, Word, PowerPoint, Outlook
• Skilled at interfacing with customers
• Strong presentation and communication skills in English and Afrikaans
• Support nationally based relationships with carriers and clients

Application Process:

• Stage 1: Online application and recruiter review
• Stage 2: Interview with hiring manager and team
• Stage 3: Offer and onboarding

This role offers a hybrid work schedule, allowing for a combination of remote and in-office work to support flexibility.

We’re committed to equal employment opportunity and provide application, interview and workplace adjustments and accommodations to all applicants. If you foresee any barriers, from the application process through to joining WTW, please email [e-mail].

Preference will be given to applicants from designated groups, in line with the South African Employment Equity Act.