Senior Financial Advisor - Wealth Management (Insurance Focus)

Placements24; Upington; Hybrid; ZAR 420,000 - 660,000; Full time

Benefits offered by this job

Hybrid work model

Medical aid

Retirement fund

Professional development

Client base growth opportunities

Job summary

Placements24 is seeking a Senior Financial Advisor in Upington, Northern Cape, focused on insurance and wealth management. The role combines in-person client meetings with remote tools to serve individuals and families while building a robust portfolio.

You will craft personalized financial plans, advise on life, disability and illness cover, and drive long-term wealth creation. A track record in advisory, strong sales and FAIS compliance are essential.

Qualifications

• Minimum of 5 years as Financial Advisor or Wealth Manager with insurance focus.
• Proven ability to create comprehensive financial plans.
• Strong knowledge of life, disability, and critical illness insurance.
• FAIS compliance (RE 5, NQF Level 5).

Responsibilities

• Conduct financial needs analyses including risk assessments and insurance reviews.
• Develop personalized plans integrating insurance, investments and retirement planning.
• Advise on life, disability, critical illness, and income protection products.
• Grow long-term client wealth through strategies and portfolio reviews.
• Maintain strong client relationships with regular communication.
• Stay updated on insurance, investments and regulatory changes.
• Identify cross-sell opportunities for relevant financial products.
• Ensure compliance with FAIS and ethical standards.
• Manage a portfolio with high client satisfaction and retention.
• Collaborate with internal teams to provide holistic advice.

Skills

Relationship building

Negotiation

Sales experience

Financial planning

Insurance knowledge

Communication

Education

RE 5 qualification, NQF Level 5

Tools

CRM systems

Financial planning software

Job description

About the Role Our client, a reputable financial services firm, is seeking a highly motivated and experienced Senior Financial Advisor with a strong emphasis on insurance and wealth management solutions. This role, based in Upington, Northern Cape, involves providing expert financial planning and advice to individuals and families, with a particular focus on optimizing their insurance portfolios and long-term wealth accumulation strategies. You will be responsible for understanding clients' financial goals, risk tolerance, and needs to develop personalized financial plans. The ideal candidate will have a proven track record in financial advisory, a deep understanding of various insurance products (life, disability, critical illness), and strong sales and client relationship management skills. This hybrid role offers the flexibility to meet with clients in person while also leveraging remote tools for efficiency and broader reach within the Northern Cape region.

Key Responsibilities

• Conduct comprehensive financial needs analyses for clients, including risk assessments and insurance reviews.
• Develop and present personalized financial plans that integrate insurance solutions, investment strategies, and retirement planning.
• Advise clients on appropriate life insurance, disability, critical illness, and income protection products.
• Assist clients in achieving their long-term financial goals, such as wealth creation, capital preservation, and estate planning.
• Build and maintain strong, long-term relationships with clients through regular communication and portfolio reviews.
• Stay updated on the latest financial products, market trends, and regulatory changes affecting insurance and investments in South Africa.
• Identify opportunities to cross-sell and up-sell relevant financial products and services.
• Ensure compliance with all relevant financial advisory regulations and ethical standards.
• Manage a portfolio of clients, ensuring high levels of client satisfaction and retention.
• Collaborate with other professionals within the firm to provide holistic financial advice.

Requirements

• A minimum of 5 years of experience as a Financial Advisor or Wealth Manager, with a significant focus on insurance products.
• Proven ability to develop and implement successful financial plans for individuals and families.
• Strong knowledge of life insurance, disability insurance, and other risk management products.
• Excellent understanding of investment principles and wealth management strategies.
• Full FAIS compliance (RE 5 qualification, NQF Level 5).
• Strong sales, negotiation, and interpersonal skills.
• Ability to build rapport and trust with clients.
• Proficiency in financial planning software and CRM systems.
• Excellent communication skills, both written and verbal.
• Must reside in or be willing to relocate to Upington, Northern Cape.

Benefits

• Competitive salary with a lucrative commission and bonus structure.
• Hybrid work model providing flexibility and autonomy.
• Comprehensive medical aid and retirement fund.
• Ongoing professional development and opportunities for advanced certifications.
• Opportunity to build a substantial client base in the Northern Cape.
• Supportive team environment and access to industry expertise.