Manager: Broker Services And Franchise

Johannesburg, Gauteng, South Africa

Job Description

Job Summary
RESPONSIBILITIES INCLUDE:
Broker & Franchise Strategy Development & Implementation:

  • Collaborate with senior management to develop and execute a comprehensive broker
and franchise strategy aligned with the company's goals.
  • Design operational strategies to attract, onboard, and retain suitable brokers and
franchises.
  • Set KPIs for growth, including broker recruitment and business volume targets, and
monitor progress.
Broker & Franchise Support & Engagement:
  • Develop processes in collaboration with internal teams (ICT, Insurance Operations) to
provide seamless support to brokers and franchisees.
  • Create and maintain a comprehensive broker and franchise policy manual and ensure
compliance.
  • Strengthen relationships with distribution teams to ensure maximum market reach and
minimize channel conflicts.
Sales Growth & Market Expansion:
  • Design growth strategies and tracking mechanisms to achieve sales targets.
  • Identify new market opportunities and implement expansion strategies for brokers and
franchises.
  • Develop sales and marketing budgets and work closely with Broker Area Managers to
resolve issues and maintain strong relationships.
Franchise Development:
  • Lead the development and execution of a franchise growth strategy, identifying potential
franchisees and managing the sales process.
  • Provide guidance and support to new franchisees, ensuring alignment with operational
standards and brand guidelines.
  • Represent the company at industry events to promote the franchise opportunity and
enhance brand visibility.
Broker Development and Training:
  • Collaborate with the Learning & Development team to create broker training programs
that enhance industry knowledge and business skills.
  • Develop mentorship programs and ensure brokers receive ongoing support from Area
Managers and Broker Consultants.
  • Foster a strong relationship with brokers, ensuring their continued development and
engagement.
Compliance and Risk Management:
  • Regularly evaluate broker and franchise remuneration models and recommend
improvements.
  • Implement compliance controls to ensure brokers are properly licensed and adhere to
regulatory requirements.
  • Monitor brand standards and ensure all marketing and advertising materials are
compliant with corporate identity guidelines
Departmental and People Management
  • Manage and mentor a high-performance team of Broker Area Managers, ensuring they
achieve sales targets and adhere to compliance standards.
  • Foster a culture of continuous learning, development, and high performance within the
team.
Client Relationship Management
  • Build and maintain a network of industry contacts to bring new opportunities into the
business.
  • Develop and execute external communication and marketing programs to engage
brokers and promote the company's brand
Job Requirements:
  • Relevant tertiary qualification (Business, Marketing, Insurance, or related field).
  • FAIS compliance (Must be registered as a Key Individual with the FSCA).
  • RE 1 certification.
  • Minimum of 5 years in insurance management, specifically with brokers or franchise
networks.
  • Proven experience in sales strategy development, franchise management, and broker
relationship management.
  • Strong knowledge of insurance legislation, compliance, and governance within the
insurance sector.
  • Demonstrated ability to develop and execute broker development programs and training
initiatives.
  • Experience with risk management, compliance controls, and brand standards within the
industry.
  • Leadership experience in managing teams, fostering a high-performance culture, and
driving business growth.
  • Strong analytical, planning, and problem-solving skills.
  • Excellent communication, interpersonal, and leadership skills.
  • Ability to build and maintain strategic relationships with brokers, franchisees, and
industry stakeholders.
  • Strong knowledge of sales growth strategies, market expansion, and client relationship
management.
  • Proficiency in Microsoft Office and CRM tools.
IT Ridge Technologies
Recruiter

Skills Required

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Job Detail

  • Job Id
    JD1567945
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    R30,000-40,000 per month
  • Employment Status
    Permanent
  • Job Location
    Johannesburg, Gauteng, South Africa
  • Education
    Not mentioned