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Technical Broker
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12 days ago48 views
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General Details
Description
Minimum Requirements:
- Matric
- NQF 6 Short Term Insurance qualification or similar
- Authorised Representative with the FAIS Fit and Proper requirements
- Exceptional accuracy skills
- RE 5
- 5+ years experience in Short Term Insurance in large Commercial and Corporate
- Proven ability to negotiate and place cover on large commercial or corporate accounts
- Stakeholder (AE/client) servicing at a senior level within the clients business
- Highly developed market relationships and at a senior management level in the market (insurers and reinsurers)
- Complexity of accounts: Large/complex corporate risks; leads non-traditional program design; sets placement strategy.
- Decision rights: Interpretation-level; determines market approach and bespoke terms; mentors TBs.
- Financial impact: Drives profitable retention and fee optimisation; delivers differentiators on strategic accounts.
- Risk exposure: High due to complexity and materiality; accountable for defensible advice and compliance on major portfolios.
- Learn and research about your clients business, industry and relevant macro environments so that you can provide relevant service and advice.
- Draft and reach set financial targets
- Collaborate with Account Executives on how to service target clients
- Retain satisfied target clients
- Develop profitable accounts along with a mutually beneficial partnership with your clients
- Drive the full and integrated renewal process
- Plan and include claims and risk team into pre-renewal and post renewal meetings for every renewal to ensure collaboration, changes are communicated effectively, and opportunities are identified.
- At every renewal, identifying areas the client may be exposed in/using their business description - identifying potential gaps in cover, especially more specialist risks, highlighting such to the AEs for discussion with the client, explaining the reasoning for such cover in client meetings.
- Provide savings for the client where they are over insured. Obtain alternate quotes if necessary.
- Identify insurers and clients that we can benefit off a 2,5% risk management fee.
- Immersion into clients at all levels.
- Suggest adjustments to Broker Advice Fees by CPIX annually and implement fees where none applies.
- Challenge/suggest to AE's additional fees for example large loss claims management fee.
- Invoice on or before renewal date to increase interest earned (not premium financed) and keep track of age analysis
- Market authority: Senior negotiation authority with senior underwriters/reinsurers; secures bespoke facilities.
- At least one meeting (virtual) and two face to face meetings with their key ins
https://www.jobplacements.com/Jobs/T/Technical-Broker-1277474-Job-Search-04-01-2026-10-32-03-AM.asp?sid=gumtree
Id Subtitle 1353728191
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Job Placements
Selling for 1 year
Total Ads4.74K
Active Ads4.74K
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