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  • Posted: Oct 8, 2020
    Deadline: Not specified
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    Momentum Metropolitan Holdings, formerly MMI Holdings, is a South African-based financial services group was established on 1 Dec 2010, through the merger of Metropolitan and Momentum. We are specialists in long and short-term insurance, asset management, savings, investments, healthcare administration, health risk management, employee benefits and reward...
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    Business Development Consultant

    Business Development Consultant 

    Through our client-facing brands Metropolitan and Momentum, with Multiply (wellness and rewards programme), and our other specialist brands, including Guardrisk and Eris Property Group, the group enables business and people from all walks of life to achieve their financial goals and life aspirations.

    We help people grow their savings, protect what matters to them and invest for the future. We help companies and organisations care for and reward their employees and members. Through our own network of advisers or via independent brokers and utilising new platforms Momentum Metropolitan provides practical financial solutions for people, communities and businesses.

    We are looking for Business Development Consultants who are able to work on their own as well as in a team environment writting business in accordance with targets laid down by Momentum Insurance.

    Minimum Requirements:

    • 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

    Experience:

    • Minimum of 3 years’ experience in selling short term insurance either as a broker agent or tied agent.
    • Call centre 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
    • Candidate must have his own transport (CAR) and licence

    Key duties:

    • Source sufficient lead generating opportunities to ensure 10 client quotes per week and 40 per month minimum.
    • Minimum requirement of 8.5 written policies 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 a minimum of 5 active 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 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.

    Key Competencies:

    • Technical Retail Acumen
    • Sales Skills
    • Risk awareness
    • Cross selling

    Method of Application

    Interested and qualified? Go to Momentum Metropolitan Holdings Limited on www.linkedin.com to apply

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