Insurance Business Development Consultant

An Insurnace brokerage is looking for a Business Development Consultant to join their organisation.

Salary: R20 000 - R25 000 pm depending on experience.

BDC role is to develop, grow and manage an allocated portfolio of Brokers, to retain existing business and generate new business opportunities and grow broker base to achieve the desired goals.

Duties And Responsibilities

Identify market opportunities for your area of responsibility and produce a Business Plan that reflects how to develop, and manage prospects
Retain existing base and grow it
Maintain and accurately report on the sales pipelines
Assist with and track larger renewals, and cancellations within portfolio, to ensure a high retention rate of business
Develop the Broker portfolio, and effectively onboard new broker
Strategically analyze the Brokers business plan and identify future business opportunities for development
Implement agreed underwriting measures aligned to underwriting and Insurer mandates
Actively assist with portfolio management and policy screening, to ensure that profitability targets are achieved
Deliver and enhance client satisfaction
Effectively assist by redirecting service complaints, to the correct division and manager
Maintain correct and updated broker contact information
In collaboration with Underwriting and other departments ensure that technical and operational underwriting standards, procedures and controls are complied with
Assist with credit control management on assigned portfolio
Assist with portfolio management actions, and compliance requirements.

Minimum Requirements

Higher certificate
Bachelor's degree in business, marketing or related field
FAIS compliant
Experience in sales, marketing or related field.
Strong communication skills and IT fluency.
Ability to manage complex projects and multi-task.
Excellent organizational skills.
Ability to flourish with minimal guidance, be proactive, and handle uncertainty.
Proficient in Word, Excel, Outlook, and PowerPoint.
Comfortable using a computer for various tasks
Commercial and Personal Lines experience - minimum 5 years
Sound experience in Sales with a strong presence in the Broker community - minimum 5 years
Cold calling
Extensive travel in the role
Driving license required

Desired Skills