Business Development Consultant Durban, Durban

Last update 2024-05-24
Expires 2024-06-24
ID #2087845495
Business Development Consultant Durban, Durban
South Africa, KwaZulu-Natal, Durban,
Modified March 26, 2024


Business Development Consultant – DURBAN
Role Purpose
Business Development Consultants are committed, driven, results oriented advisers who are able to work on their own as well as in a team environment writing business in accordance with targets laid down by the client.
Business Development Consultants advise primarily on motor and household domestic insurance.
Responsibilities and work outputs
• Source sufficient lead generating opportunities to ensure 10 client quotes per week and 40 per month
• Maintain and update your Lead Generation Matrix on a weekly basis
• Once a quote is requested the consultant must contact client in order to conduct a proper needs analysis and offer professional advice
• Sign up lead referral agents.
• Complete weekly reports that reflect leads, quotes and sales as well as the source of the leads, average premium, total premium and any other pertinent information which may be required from time to time
• Keep up to date and fully informed on product comparisons with opposition products
• Stay abreast of client product changes and enhancements
• Be compliant in all activities in accordance with regulations and standards of all Insurance regulations and professional guidelines and ethics
• Maintain appropriate skills and knowledge in order to provide specialist, professional advice in all relevant business areas
• Maintain the required dress code and professional appearance
Competencies required
• Technical Retail Acumen
• Retail Sales Skills
• Risk awareness
• Cross selling
Experience and Qualifications
• Matric/Grade 12
• FAIS Credits (min 30 credits in short term insurance if date of first appointment is before 2010); or if date of first appointment is on or after 01/01/2010, a full recognised qualification as per the FSCA qualification list
• FAIS Regulatory examination for Representatives (RE5)
• 12 CPD (continuous professional development) points
• Minimum of 3 years' experience in selling short term insurance either as a broker agent or tied agent
• Call center agents not preferred unless they have a minimum of 5 years' experience
• All required regulatory exams and accreditation
• One year's proof of commission earnings (minimum R10 000.00 pm)
• Candidate must have his own transport (CAR) and license
We're looking for someone with
• Extensive knowledge of the Short-Term Insurance Industry
• Thorough understanding of the short-term insurance industry and products
• Thorough understanding of business principles
• Interpersonal Skills
• Ability to handle conflict
• Negotiation skills
• Problem solving skills
• Risk Assessment and analysis
• Insurance Principles and practice Customer and Personal Service
• Clerical and administrative procedures
• Be professional at all times with prospects, clients and other MI stakeholders
Presentation skills, both 1:1 and to groups
• Ability to present professionally
Sales skills
• Prospecting skills
• Remuneration on offer is a R15000. 00 fixed basic salary (no sliding scale & no retainer), plus commission, including eligibility to earn annual incentives.
• There is also the potential to earn annuity income on successful retention of business sold over time.
Cellphone Allowance
• Medical Aid & Pension Fund
Application Instruction:
WORD CV and cover photograph (head and shoulders) in colour (as you look in the work place) to AND

Correspondence will be entered into with short-listed
If you have not received a reply within 3 weeks please consider your application unsuccessful candidates

Job details:

Job type: Full time
Contract type: Permanent
Occupation: Business development consultant durban

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