Account Executive

Description

• General description of Position Servicing a portfolio of Corporate/commercial clients, generating new business in accordance with pre-determined new business budgets and growing the existing book of business

Duties

• Pursuing and acquiring New Business in accordance with a pre-determined New Business Budget and ensure retention of existing book of business
• Generating growth and new business from existing client accounts
• Develop an understanding of the client’s business and forge relationships with their senior management
• Develop an understanding of the client’s insurance requirements and ensure that these are met
• Provide professional and accurate advice pertaining to cover, exclusions, terms and conditions and ensuring clients are advised of any underwriting requirements in terms of their policies
• Prepare and conduct renewal presentations
• Liaising with Claims Team (especially on complex claims)
• Providing excellent service to all our clients
• Acquaintance and familiarization with the respective Insurer’s product offerings
• Keep abreast of market trends within the insurance industry and be informed about competitors’ products
• Build and maintain amicable and effective relationships within the entire insurance industry
• Control stream income and profitability
• Effective and continuous Credit Control (Accountability for premium collections)
• Maintain and comply with Internal Business Procedures and Minimum Operating Standards Attend meetings and prescribed insurance related courses
• Manage Support Staff
• Generate own correspondence and maintain up to date flow of documentation
• Compile and prepare monthly reports
• Adhere to the minimum Quality and Service Standards as laid down by the Division
• Continuous learning and professional development are essential

Requisites

• Educational Qualifications (compulsory):
• Grade 12 with 25 points
• COP (Certificate of Proficiency) OR Elements of Short-Term Insurance (minimum requirement)
• An insurance qualification (over and above COP or Elements of Short-Term Insurance) would be an advantage
• Experience Requirements:
• Minimum of 5 years corporate/commercial broking experience, in a similar role, within the Short-Term Insurance Industry
• A good track record within the insurance industry
• Skills/Competencies:
• Be professional, well groomed, and appropriately attired to create a good impression and be able to interact with people at all levels in society and form important business relations
• Can conduct meetings and do presentations
• Be able to plan effectively and utilise sound judgement when making decisions
• Be reliable, self-motivated, have composure when dealing with demanding clients and have unquestionable integrity
• Have a high work ethic and must have the ability to function effectively under pressure
• Have good working technical knowledge of Short-Term Insurance at Commercial level
• Be highly proficient in the full Microsoft Office Suite
• Can work independently, cope with high volumes of work and perform under pressure
• Have above average communication skills, both written and verbal (Afrikaans & English essential and it will be an advantage if you can understand/speak a third language e.g, Oshivambo / German, etc)
• Be a team player, can build good relationships, support and actively participate in and contribute to any team initiatives
• Have a professional approach, be reliable and take responsibility for problem solving
• Be self-assured, display energy and enthusiasm whilst focusing on achieving goals
• Have a basic understanding of the Financial Intelligence Act (FIA)
• Special Requirements (compulsory):
• A valid code 08 driver’s license, free of endorsements and own transport
• Must be willing to travel
• Have a sound financial background (ITC Report)
• Police Clearance Certificate

Notes

• Only shortlisted applicants will be contacted
• Indicate the source of this job post: working.co.na
• This is not a comprehensive list of requirements and may be changed at any given time.
• This position will comply with Minet Namibia (Pty) Ltd’s Affirmative Action Policy
• Candidates not meeting the minimum requirements will not be considered

How to Apply

1. Documentation

• Cover Letter
• Curriculum Vitae

2. Application

• Send your Documentation to recruitment@minet.co.na with the Subject line “Account Executive”