Sales Manager
Assupol Life Ltd.
2023-03-17 Phuthaditjhaba
Job Ref #: SM Qwaqwa
Industry: Insurance
Job Type: Permanent
Positions Available: 1
To recruit, maintain and develop sales representative and brokers and set targets.
Job Description
Main Purpose
To recruit, maintain and develop sales representative and brokers and set targets.
Develop and maintain sales and marketing plan
Develop an integrated sales & marketing plan Implement and align marketing plan with regional plan and submit to management Review and update strategic plan on a regular basic Compile report on progress made on strategic plan Communicate strategic plan to sales representatives
Perform recruitment and selection process for sales representative
Advertise and market representative positions through presentations Select applicants in accordance with FSCA requirements implementation of assessment selection battery
Conduct training to sales representative
Facilitate the pre-course and post-course training Responsible for on-the-job assessment of representatives
Conduct coaching process
Give technical support and motivation to representatives Coach representatives on improving their selling skills Provide recognition through performance management system
Conduct training to brokers
Ensure brokers are equipped with sufficient office documentation e.g. application forms Handle administration queries on behalf of dedicated brokers Check business methods of dedicated brokers and advise accordingly Update brokers on Assupol products and services regularly Ensure computer software of brokers are up to date in respect of Assupol products and services Build professional business relationships with brokers
Identity and develop new and current markets
Identify, penetrate and develop new markets Negotiate stop order markets Maintain contacts with key decision makers and insurance industry resources (new and existing) Retain and increase market share in existing markets Manage the business retention Conduct products presentations in the market
Maintain production targets and retain business
Ensure and monitor set production targets are achieved Maintain business retention
Comply with FAIS requirements
Supervise representative when rendering services under supervision Submit supervision evidence to MSSI on a monthly basis Mentor and train supervisee to ensure that they have a proper understanding of products Observe meetings between representative and clients
Compliance
Complaints Number of complaints Received Number of complaint referred for investigation (Forensic) Number of complaints referred for Debarment Hearing based on outcome from debarment Committee
Training and Awareness
Refresher Training New Product Training Record of Advice Financial Needs Analysis Completion of the application forms
Other
Adhere to code of conduct Adhere to TCF Comply with risk and audit requirements Display the values and culture Provide leadership to your team to assist them in achieving their target
Job Requirements
Knowledge and Skills
Formal Education
Matric
Relevant Qualification (recognised by the FSCA)
Technical/Legal Certification
Regulatory Examination Level 5: Representatives
Regulatory Examination Level 1: Key Individuals
Class of Business (Long Term Insurance and Investments) (Depending on Date of Appointment as Key Individual in the industry)
CPD
Experience
1 year management and oversight experience in categories A, B1, B2, C, B1-A, B2-A and retail pension funds
2 years Project Management
2 years Insurance industry
At least 1 years advice and intermediary experience in category A, B1, B2, C, B1-A, B2-A and retail pension funds