New Business Insurance Broker

Cape Town, Western Cape, South Africa

Job Description

A well-established Insurance Brokerage in Durbanville is looking for a New Business Insurance Broker to join their team.
The ideal candidate will be responsible for evaluating applications, calculating quotations, and ensuring the company minimises exposure to losses while offering clients comprehensive and cost-effective policies.
Key Responsibilities:

  • Risk Assessment & Quotation Calculations: Evaluate insurance proposals, assess risk factors, and determine coverage terms.
  • Acquisition of New Business: Assist in securing new clients by providing competitive quotations and risk assessments.
  • Quotation Presentation: Prepare and present quotations to clients, ensuring clarity and accuracy.
  • Underwriting & Policy Maintenance: Process policy applications, endorsements, renewals, and cancellations.
  • Risk Attachment Administration: Ensure proper documentation and processing of policy attachments.
  • Renewal Procedures: Assess policy renewals and adjust terms as necessary.
  • Policy Administration & Queries: Handle day-to-day policy administration, respond to client inquiries, and provide support for policy-related matters.
Requirements:
  • Bachelor's degree in a relevant field (Insurance, Finance, Business, or related discipline preferred).
  • 2 + years of experience
  • RE5
  • Strong analytical and decision-making skills.
  • Excellent communication and negotiation abilities.
  • Experience with Tial
Remuneration:
R20K- R25K - depending on experience and qualifications

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Job Detail

  • Job Id
    JD1462568
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    R20000 - 25000 per month
  • Employment Status
    Permanent
  • Job Location
    Cape Town, Western Cape, South Africa
  • Education
    Not mentioned