Short-Term Insurance Broker (New Business Development)

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GJM Ultra Brokers
Johannesburg
ZAR 200 000 - 300 000
Be among the first applicants.
7 days ago
Job description

GJM Ultra Brokers is urgently looking for a Short-Term Insurance Broker (New Business Development).

Remuneration: Maximum R22,000 Cost to Company (CTC) plus monthly commission.

Minimum Qualifications and Requirements:

  • RE5 certification.
  • Relevant NQF level 4 or 5 qualification with a minimum of 120 credits.
  • Class of business certificates for both personal and commercial lines.
  • Proven experience in handling both personal and commercial lines.
  • Own vehicle.
  • Valid driver’s license.

Primary Responsibilities:

  • Achieving a monthly minimum target of R3,500.00 in new business commissions. This target typically entails securing approximately 10 policies per month, with each policy yielding a commission of R350.00.
  • Identifying client needs and offering insurance coverage tailored to their specific requirements.
  • Obtaining quotations from a range of insurance providers, including but not limited to Old Mutual, Santam, Discovery, PPS, Rodel, Echelon, Auto & General, Momentum, CIB, CCIRC, King Price, IUM and Rodel.
  • Conducting face-to-face discussions with clients to review and discuss insurance quotations.
  • Providing clients with accurate and comprehensive advice regarding their insurance needs.
  • Maintaining a robust pipeline of potential business opportunities to consistently achieve monthly targets.
  • Note that cold calling and lead sourcing are not part of the broker's daily responsibilities; leads are provided through inbound call center agents and liaisons with the life, tax, and billing departments.

Desired Candidate Attributes:

  • Target-oriented: Possess a strong drive to meet and exceed set targets.
  • Passionate: Demonstrate genuine enthusiasm for the insurance industry.
  • Driven: Show a determined commitment to success.
  • Hard-working: Exhibit a strong work ethic and dedication to achieving results.
  • Adaptability: Capable of thriving in a fast-paced environment.
  • Resilience: Ability to perform effectively under pressure.
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