Business Development Manager (Insurance)

at Legadima Human Capital
Location cape town, South Africa
Date Posted November 6, 2022
Category Business Development
Job Type Full-time
Currency ZAR

Description

We are looking for someone with the following experience:

  • FAIS – Minimum credits as required (Personal Lines and Commercial) is essential 
  • RE 5 (Representative) is essential 
  • 5 years underwriting experience in Personal and Commercial Short Term Insurance is essential 
  • 3 years’ experience in Management of an Intermediary portfolio within Personal and Commercial Short Term Insurance environment is essential 
  • 10 Years proven track record of managing and growing a profitable intermediary portfolio is advantageous

 

At this stage we are only looking for ACI South African candidates.

Duties & Responsibilities

  • Grow and maintain a portfolio of intermediaries/franchises and ensure profitable new and existing business production through the establishment and management of strong intermediary relationships and service excellence in the company
  • Relationship management – develop and manage strong relationships with Intermediaries and internal staff
  • Facilitate the on-boarding new intermediaries and training requirements around product, system and processes
  • New business acquisition – grow and retain existing business based on agreed targets
  • Provide quotations to intermediaries based on the company’s risk philosophy and procedures
  • Industry participation – represent the company on all Industry platforms and keep abreast with market trends and competitor information
  • Risk management – Evaluate quotations, endorsements and renewals to determine whether to accept, decline or cancel risks based on underwriting criteria
  • Manage risk acceptance within re-insurance and survey risk requirements and conduct regular policy screening actions
  • Portfolio management – prepare and disseminate monthly portfolio reports, including portfolio drivers (conversion rates, loss ratios, lapses, policy growth, etc.) to all stakeholders
  • Management of support service staff
  • Assist with premium collection, policy reconciliation, bordereaux allocations and binder audits when required
  • Prepare and present presentations to demonstrate the company’s value proposition to intermediaries/franchises

Desired Experience & Qualification

  • Matric is essential
  • FAIS – Minimum credits as required (Personal Lines and Commercial) is essential
  • RE 5 (Representative) is essential
  • Short term insurance qualification (IISA designation) is Advantageous
  • A relevant tertiary qualification is Advantageous
  • Successful candidates who have not completed an IISA designated qualification need to complete this within an agreed time frame
  • 5 years underwriting experience in Personal and Commercial Short Term Insurance is essential
  • 3 years’ experience in Management of an Intermediary portfolio within Personal and Commercial Short Term Insurance environment is essential
  • 10 Years proven track record of managing and growing a profitable intermediary portfolio is advantageous
Legadima Human CapitalLindie de Beer
Cnr. Zambezi & Dr. van der Merwe Road
0182 Montana
http://legadima.co.za
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