Sales Manager - Short Term Insurance

The Legends Agency; Gqeberha; On-site; ZAR 600 000 - 750 000; Full time

Job summary

A reputable insurance firm in Gqeberha is looking for a Sales Manager for Short Term Insurance. This role involves executing sales strategies, achieving product sales targets, and leading a team to ensure excellent customer experiences. Candidates should have extensive insurance industry knowledge, strong leadership skills, and a minimum of 5 years' experience in sales. This position offers growth opportunities within a dynamic environment.

Qualifications

• 5 years' experience in Sales (Short Term Insurance)
• 3 years' experience in Managing staff in a short-term industry

Responsibilities

• Driving profitable sales volume of all Momentum Insure products
• Managing performance and coaching sales staff

Skills

Sales skills

Interpersonal Skills

Coaching skills

Ability to handle conflict

Education

Matric/Grade 12

NQF 5 or equivalent qualification

FAIS Regulatory examination for Representatives (RE5)

12 CPD points for one Class or 18 for two

Job description

About the job Sales Manager - Short Term Insurance

Role Purpose

• The purpose of the role is to execute on the Momentum Insure Sales strategy.
• This will include the achievement of product sales targets and the delivery of an excellent, consistent customer experience across all products at the lowest possible cost
• This role leads and directs the Momentum Insure BDC channel, strong leadership is required to motivate and inspire the team to achieve outstanding results
• The Sales Manager is accountable for understanding Regional Customer base, growth opportunities and specific demands whilst ensuring effective capacity management of available resources in order to achieve higher operational efficiencies
• To ensure that the processes within the Momentum Insure Sales Team comply with legislative and process requirements
• Achievement of required audit scores
• To work along with staff to enhance skills levels and create a healthy work environment. Contracting and achieving of training and development plans for BDC's. Manage transformation and employment equity

Responsibilities and work outputs

• Driving profitable sales volume of all Momentum Insure products

Achieve an excellent, consistent customer experience across channel

• Implement sales plans, budgets, and accelerated growth strategies:
• addressing sales to the external market
• South African and public sector markets
• Apply a deep understanding of Provincial client and competitive markets and needs to execute on initiatives

that will lead to greater market penetration

• Communicate the sales distribution strategic objectives, plan, and operating model to stakeholder
• Accountable for establishment of a fast and efficient lead management process
• Ensuring effective resourcing, development, performance management and retention plans are in place for sales team
• Run collaborative meetings for retail sales
• Collate provincial specific retail tied sales information and compile relevant reports to respective stakeholders
• Ensure effective risk management and governance of Momentum Insure sales.
• Key individual Momentum Insure ; management oversight of the sales activities, including the performance of compliance function, specifically with respect to FAIS and the product categories for which Momentum Insure are licensed, and represent the Sales Team during compliance monitoring visits
• Impactful leadership
• Driving change
• Growing capability
• Relationship building

Managing performance

• Sales skills

Cross selling

Experience and Qualifications

• Matric/Grade 12
• NQF 5 as required/ equivalent qualification and or FAIS Credits (min 30 credits in short term insurance if date of first appointment is before 2010); or if date of first appointment is on or after 01/01/2010, a full recognised qualification as per the FSCA qualification list
• FAIS Regulatory examination for Representatives (RE5) and (RE1) for Key Individual
• If you are registered for one Class of Business (Personal or Commercial), you are required to have 12 CPD (continuous professional development) points. If you are registered for two Classes of Business (Personal plus Commercial), you are required to have 18 CPD points.
• 5 Years' experience in Sales (Short Term Insurance)
• 3 Years' experience in Managing staff in a short-term industry

We're looking for someone with

• Extensive knowledge of the Short-Term Insurance Industry

Knowledge in managing a diverse team

• Thorough understanding of the insurance industry

Thorough understanding of business principles

Interpersonal Skills

Ability to handle conflict

Coaching skills

Knowledge of Sales process

Ability to drive a high-performance culture