Job Description

The Internet Explorer 11 browser is no longer supported. We recommend the new browser from Microsoft.Broker ConsultantDetailsClosing Date 2025/02/11
Reference Number HOL250206-2
Job Title Broker Consultant
Business Unit Hollard Insure
Department KZN Region
Job Family Sales and Distribution
Job Type Classification Permanent
Reporting To Branch Manager
Number of Positions 1
Location - Town / City Durban
Location - Province KwaZulu-Natal
Location - Country South Africa
Job Advert SummaryHelloxe2x80xa6 An exciting new opportunity has just come available in our Hollard Insure, Broker Distribution, KZN Region. We are looking to recruit a Broker ConsultantRole ObjectivesDevelop and maintain effective business relationships with brokers in order to attract and develop profitable business
Quickly establish strong broker relationships and sound understanding of broker needs
Portfolio managementKey ResponsibilitiesSales and Marketing: Obtain new business from brokers and develop relationships with existing and new brokers. Manage the growth (including organic growth) of the division. Sell Hollard products to brokers and/or agents using consultative selling techniques. Contribute to effective marketing of the Company products by answering questions, resolve problems on topics such as policy status, billing, etc, and explaining new or revised products and processes. Make presentations to brokers and/or agentsAccount Management: Meet goals for volume and value of quality new business quoted and written within company guidelines. Management of own portfolio. Recommend or implement changes to improve productivity, profitability, growth and the quality of assigned book of business. Service, grow and maintain renewal policies. Confirm rating and cover on endorsements requested. Review segment profit/growth results and trends to recommend and implement action plans to produce profitable underwriting results. Ensure that all premiums are received and up to date on all accounts in portfolio. In collaboration with credit control review and discuss all outstanding premiums and arrears with Brokers on a monthly basis. Underwriting/Risk Analysis: Analyze qualitative and quantitative data prepared by brokers to provide approval for risk selection and acceptance, coverage and price. Recommend creative alternatives in regards to rating plans, coverage and payment plans. Decline unsuitable risks. Ensure that policy transactions (quotes, new business, endorsements, renewals, post loss, cancellations) are issued and changes recorded accurately and in a timely manner by rating and/or capturing transactions to the core business system. Ensure reinsurance is in place, where applicable.
Required Knowledge and ExperienceAt least 5/7 years commercial short term insurance experience
Self-management skills can organize work space, timeGood communication skills including writing and presentation skillsNegotiation skills internal & external);Sales and marketing skillsRelationship management skills have the right approach with the right peopleAnalysis and interpretation of data pertaining to assigned books, reports and market conditionsSound understanding of the TCF principles
Educational RequirementsMatric
NQF 4 or similar insurance qualification
Business degree advantageousPolicyWe are committed to Employment Equity when recruiting internally and externally. It is company policy to promote from within wherever possible. Therefore, please be aware that internal candidates will be considered first before reviewing external applicants, provided that this supports achievement of our Employment Equity goals. We encourage applicants living with disabilities to apply.Hollard does not charge individuals seeking employment any fees, whether for registration, application, administration or placement.xc2xa9 Hollard. All rights reserved.ProcessingDelete Account?Remove Personal Information?Cancel Request to Remove Personal Information?Terms & ConditionsIncomplete ProfileYou need a complete profile before you can make applications. Would you like to complete your profile now?Incomplete ApplicationsYou have incomplete applications, view the application to completeApplyNothing yet!Profile Import OptionsLog In Only: Just log in and do not change my profile.Import and Keep: Import my profile and update matched sections. KEEP sections that do not match. Be sure to clean up any duplicates.Import and Delete: Import my profile and update matched sections. DELETE sections that do not match.

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