Business Development Executive: Employee Benefits

Description

• General description of Position Responsible for growth of corporate / commercial business portfolio by generating new business according to set targets
• Aggressive approach to obtaining new business

Duties

• Pursuing and acquiring New Business in accordance with a predetermined New Business Budget
• Identify, obtain and manage new business related to corporate (Pension Funds), individual business and investments and marketing opportunities in focused target markets
• Negotiating new business rates and terms with insurers
• Implement a strategy and action plan to achieve new business targets and “Growth Beyond Expectation”
• Compile professional quote presentations for submission to client’s Management Executives
• Prepare monthly new business report for Management
• Understand and support the strategic business goals of the region
• Proactively look for opportunities to network and promote the Minet Group brand and build strong relationships within the insurance industry
• Provide professional and accurate advice pertaining to cover, exclusions, terms and conditions and ensuring clients are advised of any underwriting requirements in terms of their policies
• Providing excellent service to all our clients - be client oriented
• Acquaintance and familiarization with the respective Insurer’s product offerings
• Keep abreast of market trends within the insurance industry and be informed about competitors’ products
• Build and maintain amicable and effective relationships within the entire insurance industry
• Control new business income and profitability
• Maintain and comply with Internal Business Procedures and Minimum Operating Standards
• Attend meetings and prescribed insurance related courses
• Generate own correspondence and maintain up to date flow of documentation
• Adhere to the minimum Quality and Service Standards as laid down by the Division
• Continuous learning and professional development are essential
• Other functions that Management may require to be carried out from time to time

Requisites

• Educational Qualifications (compulsory):
• Grade 12 with 25 points
• Any tertiary qualification with relation to sales or business management
• Experience Requirements:
• Minimum of 3 years Long-Term insurance broking
• A good track record within the insurance industry
• Have a solid sales background Skills/Competencies:
• Have an aggressive new business attitude
• Be professional, well groomed, and appropriately attired to create a good impression and be able to interact with people at all levels in society and form important business relations
• Can prepare and conduct meetings and presentations with new prospective clients
• Be able to plan effectively and utilise sound judgement when making decisions
• Be reliable, self-motivated, have composure when dealing with demanding clients and have unquestionable integrity
• Have a high work ethic and must have the ability to function effectively under pressure
• Have good working technical knowledge of Long-term insurance products within the market
• Be highly proficient in the full Microsoft Office Suite
• Can work independently, cope with high volumes of work and perform under pressure
• Have above average communication skills, both written and verbal (Afrikaans & English essential and it will be an advantage if you can understand/speak a third language e.g., Oshivambo/German, etc)
• Be a team player, can build good relationships, support and actively participate in and contribute to any team initiatives
• Have a professional approach, be reliable and take responsibility for problem solving
• Be self-assured, display energy and enthusiasm whilst focusing on achieving goals - be enthusiastic, energetic and confident
• Have a basic understanding of the Financial Intelligence Act (FIA)
• Special Requirements (compulsory):
• A valid code 08 driver’s license, free of endorsements and own transport
• Must be willing to travel
• Have a sound financial background (ITC Report)
• Police Clearance Certificate

Notes

• Only shortlisted applicants will be contacted
• Indicate the source of this job post: working.co.na
• This is not a comprehensive list of requirements and may be changed at any given time
• This position will comply with Minet Namibia (Pty) Ltd’s Affirmative Action Policy
• Candidates not meeting the minimum requirements will not be considered

How to Apply

1. Documentation

• Cover Letter
• Curriculum Vitae

2. Application

• Send your Documentation to recruitment@minet.co.na with the Subject line “Business Development Executive: Employee Benefits”