Account Executive: Short Term Insurance

Short Job Description: 

Work from Home and attend weekly meetings in Stellenbosch.  The Account Executive must have at least 5 years' short term insurance experience.  An educational background in Business or Economics and significant sales background advantageous.

Where will the candidate work from, if not home based? (Town/Suburb or state work-from-home): 
Work from Home and attend meetings in Stellenbosch
Select which one of these best describes the role: 
50% or more work from home
Main area of expertise for this position: 
Client Service - Investments & Insurance
Required Qualification: 
Matric. Post matric business or economics qualifications will be an advantge. Adherence to FAIS requirements for Short Term Insurance products essential
Required computer program skills: 
MS Office suite
Estimated hours: 
Remuneration in ZAR: 
Dependent on experience. Indicative salary of R7 500 to R12 500 with cell phone and car allowance. Commission based on sales will also apply
Remuneration term: 
Job posting date: 
Friday, January 24, 2020
Full Job Description: 

The minimum requirements:

  • Matric
  • Applicants to have an educational background in business or economics, though an applicant who displays proven ability and has a significant sales background may also be considered;
  • At least 5 years Short Term insurance experience

Knowledge and experience of:

  • Insurance / brokerage industry and environment;
  • Knowledge of specialist liability will be an advantage;
  • Understanding of legal requirements of the insurance industry
  • Decent understanding of marketing and sales principles
  • Excellent knowledge of products and services
  • Intermediate knowledge of underwriting criteria

The prospective applicant will be responsible for:

  • Sell / market insurance policies to mainly commercial clients;
  • Utilise referrals, phone calls, mailings, and other forms of advertising to generate new customers;
  • Process the paperwork to enrol customers in policies and calculate premiums;
  • Explain insurance policies to customers and help them customise policies to fit their needs;
  • Attend to all client queries (revision/renewals, rate negotiations with insurers, amendments, cancellations, unpaid premiums);
  • Always adhere to FAIS requirements and set company procedures;
  • Ensure that policies and endorsements are properly documented and distributed;
  • Ensure that claims are registered and efficiently processed up to completion; and
  • General correspondence and e-mails to clients according to company standards.
Application process:
Before applying check that your CV is comprehensive and that the roles and responsibilities demonstrate your capabilities and experience rather than a list of tasks. Always write in full sentences. You have up to 12 places of previous employment to demonstrate your skills, use as many as you feel are required but always include more than one. Write a motivational email explaining why you should be considered for the role. The motivational email will be seen before the CV and is submitted to the client with the CV. If you have not heard back within 14-21 days please assume the application was not successful.

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