Internal Broker Consultant

Hello An exciting new opportunity has just come available in our Hollard Insure, Central Region, Bloemfontein Branch. We are looking to recruit an Internal Broker Consultant

Role Objectives

Support to Broker Consultants in processing all sales transactions assigned, within the set standards required by the company thus contributing to the productivity of the branch

Assist the Broker Consultants to develop and maintain effective business relationships with brokers in order to attract develop and retain profitable business

Assist where required to interpret, explain and effectively market all commercial products and services and direct enquiries to the respective centres of excellence

Key Responsibilities

Sales and Marketing: Assist the Broker Consultants to sell Hollard products to brokers and/or agents using consultative selling techniques. Contribute to effective marketing of the Company products by answering questions, resolve problems on topics such as policy status, billing, etc, and explaining new or revised products and processes.

Account Management: Support Broker Consultants to meet goals for volume and value of quality new business quoted and written within company guidelines, by managing all accredited brokers, do and process all quotes assigned within mandate, update quote register, all quotes to be sent to Broker Consultant who in turn will forward to Broker and send to Broker directly when required, complete the new business worklist and responsible for follow up, when required. Regular liaision with renewal team

Risk Management: Credit control procedures, loss ratios, broker/agent agreements, ensure compliance with rating, underwriting principles and reinsurance

Underwriting/Risk Analysis: Analyse qualitative and quantitative data prepared by brokers to provide approval for risk selection and acceptance, coverage and price. Recommend creative alternatives in regards to rating plans, coverage and payment plans. Ensure reinsurance is in place where applicable. Decline unsuitable risks