Financial Advisor: Life and Investments Job Vacancy at OUTsurance – South Africa

Full Time
  • Full Time
  • Durban
  • Applications have closed

Website OUTsurance

OUTsurance Holdings Limited, commonly referred to as OUTsurance, is a subsidiary of Rand Merchant Investment Holdings, a South African based financial services investment holding company.

Financial Advisor: Life and Investments Job Vacancy at OUTsurance

Job Description

Our long term insurance and investment product offering has grown significantly over the years. We have now developed a Life and Investment face to face distribution channel, with custom made systems, processes and products.

To facilitate this model the position of OUTsurance Financial Advisor: Life and Investments has emerged.

The incumbents of these newly created positions will be responsible for growing and developing the long term insurance and investments portfolio.

Qualifications

Qualification and Experience

  • Completed Matric or National Senior Certificate Non -negotiable
  • FAIS credits/Full Insurance Qualifications Negotiable depending on DOFA
  • Regulatory Exam (RE5) Non -negotiable
  • Having completed the required CPD hours in line with your Product category Negotiable

Financial Advisor: Life and Investments Job Vacancy at OUTsurance

Experience

3– 6 years relevant Long Term Insurance Experience (Face to Face) Non -negotiable

Having sold the following Risk Benefits:

  • Life Cover
  • Disability Cover
  • Critical Illness Cover

Having sold the following Investment Products:

  • Unit Trust Funds
  • Retirement Annuities
  • Endowments
  • Tax Free Savings Accounts

Essential

  • Must have your own reliable transport
  • Valid SA driver’s license

Additional Information

Responsibilities:

Build your own Long term insurance and investment portfolio by:

  •  Being able to prospect for new clients through various means to ensure good pipeline of business.  Own sourcing of new business.
  • Effective communication with both internal stakeholders and clients (written and verbal).
  • Conduct a comprehensive risk evaluation for the client and provide sound financial advice to clients.
  •  Providing solutions to clients by selling OUTsurance long term insurance and investment products aligned to the needs of the client.
  • Prospecting clients from within the OUTsurance group of companies for their life insurance and investment needs by utilising our existing client base.
  • Providing on-going service and support to your individual client base (amendments, renewals etc.) Technology systems and support areas are in place to ensure the execution burden is made a small as practical.
  • Retention of existing clients including renewal discussion in line with regulatory requirement.
  • Keeping abreast with the long term insurance market changes and developments.
  • Achieving/Exceeding targets consistently in line with management targets.
  • Providing feedback to line management when requested to stay abreast of performance, client and market developments.
  • Attending all weekly and ad-hoc team meetings.
  • Working closely with internal stakeholders.
  • Adhering to all quality standards and measures. Complying with all the necessary legislative and regulatory requirements.
  • Being an ambassador for the brand by living our company values in all interactions with internal and external stakeholders.

Competencies:

  • Confident and enthusiastic self-starter who can take initiative
  • Strong Numerical skills
  • Must be able to work independently as well as part of a team
  • Problem-solving skills
  • Relationship management skills
  • Presentation and facilitation skills
  • Resilience – Ability to work well under pressure in dynamic environment
  • Flexible and adaptable
  • Influential, concise, rational and practical communicator
  • Discretion, judgment and high levels of trust

Why Join us? We offer the following benefits:

  • Lucrative basic plus commission
  • A possible six-monthly bonus
  • A company laptop with 3G
  • A petrol card
  • A company cell phone
  • A hot desk and administration support.
  • Access to quality leads

Check Out: A Guide to Writing Great Cover Letters

How to Apply :

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