Job Description:

The Short Term Broker should have experience in personal & commercial lines insurance. Life broker experience will be advantageous. Daily sales approach of all new and existing leads will include, but is not limited to the following duties:

• Collection of information form prospective client & current schedule to be obtained
• Analysis of current cover
• Quotations requested from the panel of insurers
• Notes updated on System & New business register
• Follow up on quotation if out of SLA
• Ensure rates & quotations are competitive or negotiate lower rates
• Quotations loaded on System
• Check quote comparison proposals, recommendations on the cover made
• Presenting quotations to clients in person
• Assist clients in making appropriate coverage changes
• Inform and educate clients about coverage, exclusions and exposures
• Assist clients by helping to devise means to mitigate risks e.g. additional security measures
• Maintaining contact with clients, follow up for feedback on quotes/information outstanding
• Complete all Compliance documentation with client & ensure FICA requirements are met
• Instructions sent to the Underwriting department for all new business files
• Record of Advice completed
• Oversee tasks given to Para-planner & Sales assistant – ensure accuracy of tasks
• Problem-solving
• Source new leads
• Identify upselling and cross-selling opportunities not yet identified
• Stay up to date with market trends
• Ensure targets are met
• Assist Retentions team by sourcing alternative quotations, comparisons of alternative quotations analyzed and recommendations made, conducting exit interviews where applicable
• General Client Management & Renewals
• Monitor and review client satisfaction

Requirements:

• Matric / Grade 12 qualification
• Fully Bilingual (English & Afrikaans)
• RE5 Examination for representatives
• A full qualification recognized by FSCA for Fit & Proper Status
• Registered Short Term Broker with FSCA
• CFP Examination advantageous
• Driver’s License non-negotiable
• Must be in good standing (i.e. clean credit record)
• Clean Criminal Record (i.e. no previous convictions or charges)
• Clean Record with FSCA (i.e. no previous debarments)
• Flexible to travel & work after hours, attending to Client events and/or networking opportunities
• Proven track record of good client relations and recommendations made in the field

 

Kindly email CV, Matric certificate and proof of qualifications to hr@ambiton.co.za. If no reply is received within 14 days after submission, kindly consider your application unsuccessful.

Job Description:

We are looking to employ an experienced candidate in the abovementioned position. The candidate must be Client orientated, have the ability to work well and accurate under pressure and pay special attention to detail. The ability to work independently and with minimum supervision is critical.

• Obtaining latest values from companies and knowing the different products.
• Obtaining Internal rate of returns on different investments and capturing/analyzing the data
• Considering different investment portfolios and finding solutions by switching a Client’s portfolio according to their risk profile
• Analyzing the market movements and updating reports
• Investment servicing which includes, but is not limited to the following: Switches, rebalances, Repurchases, Fee re-negotiations, Income revisions and Ad hoc contributions. This includes debit order activations/cancellations, Investment queries, CGT calculations, etc.
• Processing of Life claims – Obtain medicals from doctors, examine the reports and identify if a possible claim.
• Identify possible leads from life claim payments or maturities
• Updating of portfolios – accuracy in data/value capturing. Attention to detail is very important as company will be held liable if incorrect amounts are quoted.
• Dealing with day-to-day client queries or client services such as beneficiary changes, recording/cancelling cessions, debit order amendments, billing/payment queries, withdrawals/repurchases, premium holidays, etc.
• Dealing with Maturities – updating the registers, making contact with clients, etc.
• Interactive reassessment registers – keeping this updated and making contact with clients
• Dealing with all aspects on monthly unpaid debit orders.
• Assisting with the retention process
• Scanning and deletions
• Updating registers
• Any ad hoc duties as and when required

Requirements:

• Grade 12-qualification
• Insurance qualification / BCom-degree advantageous
• RE5 Certificate advantageous
• Be Fully bilingual in English & Afrikaans
• A minimum of 2 years’ experience in a similar role (long term insurance and possibly medical aid)
• Life Assurance products – Knowledge of the different types of insurance products, limits and restrictions.
• Tax implications and benefits – How tax will be applied in the event of retirements /death/disability; fringe benefits and when benefits are tax-deductible.
• Investments – Knowledge of and an understanding of market movements/fluctuations; income revisions and portfolio rebalances/switches.

 

Kindly email CV, Matric certificate and proof of qualifications to hr@ambiton.co.za. If no reply is received within 14 days after submission, kindly consider your application unsuccessful.

Wedgewood Brokers is looking to fill the role of para-planner in the business.

Purpose of the role:

To carry out day-to-day administrative, customer services, research and operational tasks for Wedgewood as may be required or agreed upon from time to time, and to provide Senior Wealth Planners with internal advice services including:

• Research on advice-related issues to be utilised in client reports/ record of advice.
• Upload client financial information onto the software systems, and prepare scenarios to be used by financial planners in the preparation of written Records of Advice.
• Prepare analysis of client portfolio on behalf of Financial Planners in accordance with practice procedures and policies as well as client and advisor requirements.
• Draft Record of Advice documents for Financial Planners.
• Assist in managing the client review process for Financial Planners.
• Handle all top-up/ad hoc investments, and rebalances.

Summary of responsibilities and details:

• Minutes of meetings.
• Preparation of meeting packs.
• Risk Management record keeping – compliance and monitoring of all risk products offered.
• Analysis of Portfolios.
• Operational and Regulatory Reporting.
• Telephonic and email query resolution.
• Assistance with compliance officer visits.
• Assistance with audits as-and-when required.
• General office management duties and/or administrative tasks that may be required from time to time.
• Update and timeline management for client reviews.
• Financial market and fund research.
• Completion of work requests on behalf of Senior Wealth Planners as per the Financial Planning Practices policies.
• Where required, accompanying the Senior Wealth Planners to meetings and draft feedback to be sent to clients timeously.
• Prepare for review meetings by drafting review reports on behalf of Senior Wealth Planners.
• Investment Planning and Estate Planning.
• Risk Planning.
• Follow the six-step Financial Planning process.
• Prepare financial calculations for client portfolios where required.
• Prepare risk calculations of shortfalls and provide solutions.
• Continuous research of the ongoing developments in risk and investment products.
• Undertake research on various investment and advice options for clients.
• Participation and completion of assigned projects.
• Adhere to all compliance in terms of FICA and FAIS regulations.
• Ongoing maintenance and development of professional knowledge to satisfy the current industry and legislative requirements.

Role requirements:

Education and Expertise:

• Degree or Qualification in a relevant field.
• Post-Graduate Qualification in relevant field.
• Meet Fit and Proper requirements in terms of the FAIS Act in order to be appointed as a representative.

Skills:

• Microsoft Word and Excel skills.
• Ability to develop and maintain relationships necessary for the development of rapport with clients.
• Strong written and interpersonal communication skills.
• A thorough understanding of compliance issues associated with the providing of Financial Advice.

Personal attributes:

• Client centric.
• Enthusiastic and friendly.
• Well-spoken and professional.
• Positive attitude.
• Problem solver.
• Good interpersonal skills.
• Good at multi-tasking.
• Organised, diligent, meet deadlines.
• Ability to work independently as well as part of a team.
• Professionally mature.
• High ethical standards.

Place of work: 14 Grange Avenue, Morningside Manor, Sandton, 2196

Working hours: Full time 08h00 – 17h00 (8 hours per day)

Contact details: Lynda Powell – lynda@wedgewoodbrokers.co.za

Interested individuals are invited to submit their CV to Nothando Dlomo at vacancies@fmi.co.za

Closing date 24th July 2019

We are looking for an experienced Legal and Compliance Specialist to join
our Governance, Risk and Compliance Team.

JOB PURPOSE
To identify and implement the requirements of new and existing legislation that governs the business, attend to all contracting matters and provide legal support and advice to the business. The individual is an experienced legal and compliance specialist with experience in financial services regulatory compliance and managing all contractual matters.

JOB CONTENT (MAIN RESPONSIBILITIES)

1. Contract Management
   • Drafting and/or vetting of contracts and agreements, including liaising with legal firms where these activities are outsourced
   • Custodian of all final contracts and agreements
   • Ensure on-going management and review of contracts and agreements
2.  Legal Matters and Advice
   • Assist with the legal activities in respect of debt recovery
   • Provide general legal advice and support to business units
   • Liaising with legal firms where activities are outsourced and/or where expertise is consulted
3. Compliance Responsibilities
   • Maintain high levels of knowledge on legislation applicable to the life insurance industry and assist with the identification of new legislation for implementation or changes to existing legislation
   • Assist with ongoing development and maintenance of the Compliance Risk Management programs to ensure on-going compliance with regulatory requirements
   • Assist with on-going compliance monitoring throughout the business as well as outsourced and binder functions
   • Provide compliance and regulatory training and/or guidance and general assistance to all business units
   • Submission of standard regulatory returns throughout the year
4. General
   • Assist with various Board and governance duties
   • Assist with various governance, risk and compliance projects as required

JOB REQUIREMENTS

Minimum Qualifications

• Relevant legal qualification
• Any FAIS/ Life Insurance/ Compliance certifications an advantage

Minimum Experience

• Minimum 7 years’ legal and compliance experience in the Financial Services Industry (life Insurance experience an advantage)

Competencies

• Problem resolution skills and analytical, with a high degree of pragmatism
• Interpersonal, negotiation skills
• Self-motivated, ambitious, with good communications skills
• Report writing and presentation skills
• Ability to work under pressure, with good time management
• High computer literacy, especially in Microsoft applications such as Word, Excel and PowerPoint

We are a large independent Financial Planning practice in Pietermaritzburg looking for a financial planner with the following requirements.

• A minimum of 5 years of experience as a financial planner.
• Must be a Certified Financial Planner.
• Must be between 30 – 40 years of age.
• Must have his/her own existing client base.

The Financial Planning practice in Pietermaritzburg has a large national client base covering investments, employee benefits and individual risk and has been in existence for the past 35+ years.

The additional Financial Planner is to assist with the future growth and the existing leads off the client base.

Please e-mail your CV to lynn@brfinplan.co.za.

A position exists for an experienced Healthcare Administrator at a large Independent Brokerage in Kloof, Durban, Kwazulu Natal.

Suitable candidates with 3 to 5 years’ experience and recognised tertiary qualifications should apply.

The person will be responsible for a portfolio of healthcare accounts and therefore needs to be skilled in the following:

·        New member applications processing

·        Healthcare claims queries and escalations

·        Health Plan amendments

·        Billing queries

·        GAP product knowledge

·        General understanding of relevant legislation and compliance thereof

·        Liaison support to client HR / payroll; and product providers

·        Day to day scheme administration and support to Account Managers

Desired experience and qualifications:

Minimum 3 to 5 years’ working experience in the medical aid industry

Recognised industry related qualification, tertiary qualification advantageous

General understanding of healthcare benefits

High level of integrity and accountability

Ability to work independently, commitment to keep deadlines

Some working experience with benefit analysis

Managing and liaison of the claims process

Experience with online submissions to Scheme Administrators

Contactable references a necessity

 

Package and remuneration

A market related Cost to Company remuneration package

CTC benefits include medical aid and provident fund

It is important to state your expected salary figure when applying for the position

All successful applicants will be contacted directly.  Due to large volumes of applications please consider your application unsuccessful if you haven’t heard from us within 2 weeks.

An established Cape Town Insurance Brokerage, urgently requires an experienced short term insurance claims and admin clerk, above 37 years old.

Initially, working only temporary, for half a day, if need be, also possible, but preferably, a full day.

Requirements:

• Strong Leadership Skills
• Minimum Management Experience of 10 years
• Solid Insurance Industry and preferably Broking Experience of Minimum 10 yrs.
• Fais Accreditation NFQ 6 Full qualification and minimum RE 5 – (long term and short-term classes)
• Matric
• Good Product and Market Knowledge
• Passionate about Service Delivery – Focused on TCF
• Able to work well with Compliance Team
• Action Orientated
• Must be willing to relocate to Durban

Responsibilities:

• Responsible Management of Team through Motivation
• Identifying and Managing Monthly Performance, targets and efficiencies
• Work closely with the Directors and Compliance team on Processes, Systems, Reporting and Product
• Identify administrative inefficiencies
• Ensure all daily/weekly and monthly Operational Reports are managed & updated.
• Regular and Month-end reporting to Directors/Compliance
• Identify new client opportunities and their needs-
• Build Client relationships
• Network with Internal departments due to Integration with other business streams
• Drive service delivery
• Comfortable with strategic meetings

To apply.please email you CV and covering letter to cvs@pioneerds.co.za. The closing date for submissions is 31 July 2019

Looking for an energetic Administrator that can provide an effective and efficient administrative, secretarial function to support a Discovery financial planner.

This is an entry level position and the starting salary:  R6000-R8000(depending on experience)

Required Skills

High level of professionalism

Exceptional communication skills (verbal and written) Ability to work well under pressure and independently Excellent organization skills Strong attention to detail Pro-active thinking and actions The ability to plan, prioritize, multi-task

Comfortable making cold calls

Applicant must live close to Fourways/Sandton/Randburg area

Minimum Requirements

Matric

1-3 Years’ experience – PA level

Fully computer literate

Own Car and a valid driver’s licence

Can speak Afrikaans and English fluently Previous experience in the Financial Services Industry will be advantageous Computer Literate Experience

If you have not received a response within two weeks, your application was most likely unsuccessful.

Underwriting opportunity with well establish Short Term Insurance Brokerage.

We have positions available for dynamic commercial and or personal short-term insurance underwriters.

Qualifying requirements:

• A recognised qualification as per the FSCA list or if prior to 2009, 60 credits at NQF Level 4
• RE 5
• Compliant with FAIS and Continuous Professional Development (“CPD”) requirements as set out in the Determination of Fit and Proper Requirements for Financial Services Providers, 2017, in respect of the current CPD cycle (“2018 CPD cycle”). 18 hours proven in a competence register with evidence of CPD activities
• Have no criminal record and not been declared insolvent by a court of law or in the process of being declared insolvent.
• We are looking for experienced commercial and or domestic underwriters. The successful candidate must have experience in all classes of insurance and be able to produce accurate and professional work.

Responsibilities:

• Retention of existing business
• Request quotations for clients and closing thereof
• Follow up on underwriting
• Advising clients on their short term insurance needs
• Renewals of policies
• Developing relationships with clients, product providers, colleagues etc.
• Dealing with service providers
• Attending job-specific training

Minimum Requirements:

• Very good communication skills (both written & verbal: Minimum requirement: English & Afrikaans)
• NQF Level 4 in Short-Term Insurance Commercial Lines (complete full qualification as set by regulation – 150 credits) will be to the advantage of the applicant
• Relevant working experience essential

Competencies:

• Negotiating skills
• Interpersonal skills
• Problem solving and analysis
• Cross-functional awareness
• Plan, organises and follow-ups
• Seeking sales opportunities
• Computer literacy

Candidates interested must forward their CV, ID and supporting documentation to charmaine@dkdv.co.za. Should you not be contacted for an interview within 4 weeks, please accept that your application is unsuccessful.