Internal Broker Consultant (Gauteng) at Hollard Insurance

Job Advert Summary    

• Hello… an exciting new opportunity has just come available in our?Hollard Insure, Marine Department (Broker Distribution). 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 area   
• Assist the Broker Consultant to develop and maintain effective business relationships with brokers in order to attract develop and retain profitable business.   
• Enhance the image of the company through the continuous delivery of efficient and effective customer service. 

Key Responsibities: 

• Sales and Marketing: Assist the Broker Consultant 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, process all quotes assigned, update quote register, complete the new business worklist and responsible for follow up, processing all renewals under 65% loss ratio for preparation to negotiate with brokers, processing and following up all declaration letters, follow up and confirmation of surveys and following up on Risk Recommendations, prepare all new business closings prior to handing over to underwriting for processing.  
• 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. 
• Relationship Management: Interact frequently with brokers and/or agents.

Required Knowledge and Experience    
Required Knowledge, Skills and Experience

• At least 3 years’ Marine insurance experience 
• Good communication skills (including writing and presentation skills) 
• Negotiation skills (internal & external) 
• Relationship management skills (have the right approach with the right people) 
• Analysis and interpretation of data pertaining to assigned books, reports and market conditions 

Educational Requirements    
Required Qualifications

• Matric 
• NQF 4 Insurance qualification or equivalent advantageous 
• RE advantageous