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Business Development Executive
University of Fort Hare
East London
Presencial
ZAR 400.000 - 420.000
Tempo integral
Há 30+ dias

Resumo da oferta

A leading educational institution in East London is seeking a Business Development Executive. The role focuses on growing market share through new business acquisitions in a commercial insurance context. Ideal candidates will have extensive experience in short-term insurance and a proven record of successful client engagements. A competitive salary of R 400,000 - R 420,000 annually is offered.

Qualificações

  • Minimum 7 years experience in short-term insurance, with 5 in a commercial sales role.
  • Experience in customer liaison, building relationships.
  • Successful new business acquisitions.

Responsabilidades

  • Develop new business pipeline and prepare action plans for sales leads.
  • Achieve new business sales targets.
  • Provide after sales service for new business.

Conhecimentos

Business Acumen
Broking skills
Influencing and negotiation
Computer Literacy
Communication
Analytical Ability
Networking
Presentation

Formação académica

Matric
Level 4 FETC Short-term Insurance Qualification
Higher Certificate in Insurance
Post matric qualification (BComm Risk/Accounting, BBA)
Descrição da oferta de emprego
Overview

R 400000 - R 420000 Annually Basic Salary (Market related, Negotiable)

Our client based in East London is seeking a Business Development Executive to join their team. The ideal candidate would be responsible for growing market share by gaining Profitable New Business accounts.

Key Performance Outputs
  • Compile target lists based on the sales plan for identified clients as well as your own
  • Development of new business pipeline
  • Prepare action plans for effective search of sales leads and prospects
  • Initiate and coordinate development of action plans to penetrate new markets
  • Create and conduct proposal presentations to potential Clients
  • Achieve new business sales targets in line with sales plans
  • Provide after sales service to ensure that the new business vests
  • Identify opportunities for up/cross selling and write additional business
  • Regular Networking -Identify opportunities and implement marketing and promotional activities
  • Build relationships through regular contact, identifying critical decision makers with all stakeholders (Client, Insurers, etc)
  • Client Communication - Keep clients informed of developments in the industry and market
  • Adhere to FAIS requirements and set company procedures
  • Collate all relevant information once opportunity is presented by Potential Client and agree a Mandate
  • Negotiate with Market (Insurers) and obtain best possible proposals. Present to Potential Client using standardized company documentation only
  • Incept covers with Insurers once appointed using standardized company procedures only
  • Obtain a “Letter of Appointment” and “Debit Authority” from Client
  • Issue Client in writing a “Summary of Insurances” in respect of covers laid off
  • Introduce the Account Executive to the client appointed on their Account and ensure a smooth handover procedure
  • Maintain a hard copy file throughout process as well as electronic version
Minimum Requirements
  • Matric
  • Level 4 FETC Short-term Insurance Qualification
  • Passed FAIS Regulatory Exam
  • Higher Certificate in Insurance
  • Post matric qualification is an advantage (BComm Risk/Accounting, BBA)
  • Minimum 7 years short term insurance with 5 of the 7 years in a commercial sales and service capacity in a broking environment
  • Experience writing medium to large commercial accounts
  • Successful new business acquisitions
  • Experience in customer liaison; building and maintaining relationships
  • Experience working in a Brokerage is an advantage
Competencies
  • Business Acumen (understand the economic environment & identify viable financial opportunities)
  • Broking skills
  • Influencing and negotiation
  • Computer Literacy
  • Communication
  • Delegation
  • Analytical Ability
  • Numeracy skills
  • Networking
  • Presentation
  • Report Writing
  • Decision making
  • Time management
  • Selling
  • Ability to manage own work and outputs
Knowledge
  • Insurance and brokerage industry and environment
  • Comprehensive Commercial Insurance Product Knowledge
  • Legal requirements of the insurance industry
  • Marketing and sales principles
  • Knowledge of products and services
  • Technical Commercial Insurance Knowledge
  • Knowledge of underwriting criteria

Please note only shortlisted candidates will be contacted.

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* O salário de referência é obtido com base em objetivos de salário para líderes de mercado de cada segmento de setor. Serve como orientação para ajudar os utilizadores Premium na avaliação de ofertas de emprego e na negociação de salários. O salário de referência não é indicado diretamente pela empresa e pode ser significativamente superior ou inferior.

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