Insurance Sales Consultant / Broker

Job Description

Manage Self: TechnicalFAIS AffectedFAIS Affected - YesJob PurposeTo attain new and expand existing client base for Nedbank to grow the Nedbank brand and optimise revenue according to business objectives.Job ResponsibilitiesContribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (eg: staff surveys etc)Participate and support corporate social responsibility initiatives for the achievement of key business strategiesIdentify and recommend opportunities to enhance processes; systems and policies and support implementation of new processes; policies and systemsFollow laid down processes in opening of accounts by using checklist and account opening matrixComplete weekly compliance training and assessment online to keep up to date on changesKeep relevant compliance Letter of Authority up to date and inform clients at each interactionAction daily control reports and attach correct documentationIdentify new clients and their needs through needs analysis and provide a suitable solutionCross sell to existing clients by establishing need through financial fitness discussionsObtain referrals from existing clients as well as leads from other Business Units through area collaborationEnsure that every deal done is priced in line with Business Unit objective and strategyGenerate revenue through charging for ad hoc services provided to clientsMonitor and manage sales on a daily; weekly and monthly basis in order to achieve monthly targetsIncrease market share by converting secondary clients to primary clients and ensuring accounts are entrenched

Responsibilities + Skills

Essential QualificationsFAIS Recognised qualification: NQF Level 5Regulatory Exams: 5Class of business for long term categoryPreferred QualificationBachelor of Commerce: Banking or accounting. FAIS qualification, Regulatory Examinations 1.

Education

Matric / Grade 12 / National Senior CertificateAdvanced Diplomas/National 1st Degrees

Experience

Job Summary

  • Published on: Friday, 3rd January 2025
  • Designation: Insurance Sales Consultant / Broker
  • industry: Medical and Health
  • Vacancy: 1
  • Employment Status: Full-time
  • Job Location: Johannesburg
  • Salary: 0
  • Gender:
  • Application Deadline: Friday, 3rd January 2025
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About the Company

  • Company Name: Nedbank Recruiting.
  • Address:
  • Website: https://www.nedbank.co.za/
  • Company Profile:
  • Staying abreast of the various IFRS 9 modelling methodologies across retail and wholesale productsContributing to development aspects of the loss forecasting and stress testing framework and keeping the framework up to date as the methodology evolvesConducting ad hoc analysis on IFRS 9 PD, EAD, LGD and Survival models, as well as overall impairment calculations, for retail as well wholesale-type portfoliosConducting independent credit risk stress testing related research and using it as input into proposals and strategiesEngaging with various stakeholders across the organisation (including risk and finance) to discuss methodological aspects, business assumptions and results from the loss forecasting work stream

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