Job Description

Closing Date 2025/02/07
Reference Number MMH250129-10
Job Title Junior Franchise Development M
Position Type Permanent
Role Family Sales
Cluster Momentum Life
Remote Opportunity None of the time
Location - Country South Africa
Location - Province Western Cape
Location - Town / City Cape Town
IntroductionThrough our client-facing brands Metropolitan and Momentum, with Multiply (wellness and rewards programme), and our other specialist brands, including Guardrisk and Eris Property Group, the group enables business and people from all walks of life to achieve their financial goals and life aspirations.
We help people grow their savings, protect what matters to them and invest for the future. We help companies and organisations care for and reward their employees and members. Through our own network of advisers or via independent brokers and utilising new platforms Momentum Metropolitan provides practical financial solutions for people, communities and businesses. Visit us atConsult by Momentum is a registered Financial Service Provider (FSP) with a Category I and II licence, delivering top-tier financial planning, advice, and investment management services. Catering to a diverse clientele that includes high net worth individuals, the affluent sector, upper retail, and small business enterprises (SMEs), Consult by Momentum is recognised as one of South Africas largest financial planning and advice specialists enabling us to present a full spectrum of product solutions from all major providers of life, health, savings, investments, short-term, and employee benefits in South Africa. We are committed to the ethos of treating our customers fairly, thereby ensuring that our clients receive industry-leading solutions.Due to the expansion of our national franchise presence, we are looking to recruit Junior Franchise Development Managers to support and develop our franchise presence, foster enduring relationships with our various stakeholders, ensuring sustainable growth for our franchises through evaluating and navigating compliance practices and optimising operational activities.
Disclaimer As an applicant, please verify the legitimacy of this job advert on our company career page.
Role PurposeDue to the expansion of our national franchise presence, we are looking to recruit Junior Franchise Development Managers to support and develop our franchise presence, foster enduring relationships with our various stakeholders, ensuring sustainable growth for our franchises through evaluating and navigating compliance practices and optimising operational activities.
RequirementsQualifications

• Business related qualification e.g. business management, risk management, marketing or industry-related qualification (NQF Level 6)
• RE1 and RE5 essential
• CFP preferred

Experience

• A minimum of 5 years experience in the insurance industry preferably in business development, client service and or management
• Proven track record working with financial advisers in a franchise environment preferable
• Sound knowledge and understanding of financial planning and practice management

Other

• Valid drivers license
• Willingness to travel regularly

Duties & ResponsibilitiesThe successful incumbents key areas of performance include * Growth Enablement

• Assist to vest new franchises and financial advisers
• Assist in driving and supporting business development within the franchises

• Identifying opportunities for revenue growth
• Initiating and driving projects related to new opportunities
• Providing guidance and support on financial planning and advice best practices
• Assist in managing and supporting change within the business in terms of software implementation, process standardisation and optimisation, provider reviews etc.

• Relationship Management

• Driving connection between Consult Head Office and the franchises
• Assist in building and maintaining relationships with the franchisees and financial advisers
• Supporting the Consult growth targets
• Assist in managing and monitoring the activities of financial advisers
• Support in building and maintaining partnerships with relevant stakeholders to unpack business priorities and requirements
• Participating and contributing to the Consult culture by building rewarding relationships, facilitating feedback and providing exception client service
• Engaging regularly with product providers to build sustainable partnerships

• Governance and Licence Management

• Ensuring compliance training and auditing of franchisees and advisers in conjunction with advice and licence specialist
• Assist in monitoring the adherence to risk management and compliance processes and taking timeous action where appropriate
• Investigating reported acts of wilful non-compliance to policies, practices and regulations and reporting on findings
• Identifying compliance or advice related risks to franchises and our licence and acting whilst providing feedback on findings

The successful incumbent must be able to align to a principals-based environment and work in a culture that stands for the following principles

• Client First
• Integrity and fairness
• Objectivity
• Competence
• Confidentiality
• Diligence
• Transparency
• Professionalism

CompetenciesBusiness Acumen
Customer/ Stakeholder Commitment
Drive for Results
Leads Change and Innovation
Collaboration
Impact and Influence
Self-Awareness and Insight
Diversity and InclusivenessPolicyWe are committed to Employment Equity, diversity and inclusion when recruiting internally and externally. All appointments are made in alignment to our Employment Equity goals and we encourage people with disabilities to apply.

Momentum Group