Company Description
Standard Bank Group is a leading Africa-focused financial services group, and an innovative player on the global stage, that offers a variety of career-enhancing opportunities – plus the chance to work alongside some of the sector’s most talented, motivated professionals. Our clients range from individuals, to businesses of all sizes, high net worth families and large multinational corporates and institutions. We’re passionate about creating growth in Africa. Bringing true, meaningful value to our clients and the communities we serve and creating a real sense of purpose for you.
Job Description
Promotes sales in liaison with brokers and financial institution's leads and services brokers. Receives requests for quotations from clients or Stakeholders and provides a packaged solution based on client needs. Actively promotes company products.
Qualifications
Type of Qualification:
FAIS Representative
Minimum NQF5 FAIS Accredited Qualification (Degree Preferred)
Regulatory Exam Certificate (RE5)
Registered FSP Representative (Category 1.6).
Must be fully FAIS Compliant Fit and Proper as determined by FAIS legislation (Honesty, Integrity and Financial Solvency)
Experience Required
Wealth Management -3-4 years - Commercial Insurance
Experience as determined by FAIS legislation. A minimum of 5 years previous working inexperience commercial short-term insurance either as a Broker or Insurer. Bancassurance experience advantageous.Sound knowledge of commercial insurance practices, procedure’s and products.A good working knowledge of FAIS and FICA legislation.Sales and negotiation skills.Excellent verbal and written communication skills. A minimum of 5 years previous working experience in Short term insurance is preferable to gain practical exposure to banking principles and to establish credible relationships.
Additional Information
Behavioural Competencies:
- Adopting Practical Approaches
- Challenging Ideas
- Checking Things
- Documenting Facts
- Establishing Rapport
- Examining Information
- Exploring Possibilities
- Following Procedures
- Interacting with People
- Interpreting Data
- Making Decisions
- Managing Tasks
- Meeting Timescales
- Producing Output
- Providing Insights
- Resolving Conflict
- Seizing Opportunities
- Taking Action
- Team Working
- Upholding Standards
Technical Competencies:
- Client Acceptance and Review
- Underwriting and Pricing Risk
- Claims Knowledge
- Insurance Principles
- Insurance Products and Services
- Risk Perception and Assessment
- Underwriting Process
- Underwriting Management