Job Description

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.



To source and secure new HNW individual Personal Insurance customers. The role will require a face to face interaction with high net worth customer market which always requires professional conduct.
Providing a comprehensive array of customised Insurance solutions tailored to meet these customer's needs. Offer continuous, close, professional and personal attention service to newly acquired and existing customers by assisting and administering the customer's policy. Ensure all short-term insurance needs in terms of assisting with claims, cover required, and annual renewal of the policy is provided to the customer on a personal, professional and efficient manner.

Qualifications

• Matric
• Full Qualification as recognised by the Registrar
• Undergraduate degree, or similar [majors in Risk, Finance, Insurance an advantage and/or Postgraduate or professional qualification in risk and relevant experience an advantage
• Must be fully FAIS Compliant
• Regulatory Exam Certificate
• Registered FSP Representative (Category 1 and Sub-Category 1.2) (Sub-Category 1.6 would be an advantage)
• Experience as determined by FAIS legislation. A minimum of 5 years previous working experience in a personal short-term insurance (commercial experience would be an advantage) either as a Servicing/Sales Agent, Broker or Insurer. Bancassurance experience preferable.

• Strong interpersonal skills
• Networking and Relationship building skills
• Research and Analysis
• Presentation skills
• Customer service skills

• A sound knowledge and understanding of Insurance principles and practices, including an understanding of personal private banking and private clients banking space, processes and requirements.
• A good working knowledge of the FSCA, Financial Advisory and Intermediary Services Act (FAIS) and Financial Intelligence Centre Act (FICA).
• A sound knowledge of short-term insurance sales principles and practices to manage an optimise portfolio retention and growth.
• Good knowledge to analyse other underwriters offering, policy terms and conditions and to compare cover to the SIL offering and individual product offering and information.
• Identify gaps in existing policy terms and conditions and be able to close these gaps with the correct products and cover.

Standard Bank