Company | Telesure Investment Holdings | ||
Reference # | #RMBI | ||
Published | 05/01/2021 | ||
Contract Type | Permanent | ||
Salary | Market Related | ||
Location | Dainfern, Gauteng, South Africa | ||
Introduction | Telesure Investment Holdings (Pty) Ltd (TIH), is the holding company of some of South Africa’s leading financial long and short term insurance providers. Our portfolio includes South Africa’s most loved and recognisable brands such as 1st for Women, Auto & General, Budget, Dialdirect, Virseker and 1Life. Employee Benefits Administration via our Hippo Advisory Services, which includes health insurance, provident fund and group life administration. Hippo is South Africa's first comparison website and compares insurance, other personal finance products, travel, health, money, travel, cars from a range of South African brands. We’re pioneers with a hunger for the best, bringing customer-focused innovation and service excellence to the financial services industry. We’re an undivided team of diverse thinkers and doers who believe in leading through technology and pushing beyond limits. |
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Job Functions | Business Development,Management | ||
Industries | Insurance | ||
Specification | Develop relationships with strategic partners to enable growth within business insurance channel. Manage a team's performance outputs within the BI sales department. Meet the metrics that has been set out by business and manage the tactical strategy and execution within the BI sales unit. Business Development Create a business development plan to identify, evaluate, and structure key transactions to ensure continued financial health and maximum value creation through the entire product life cycle. These transactions may involve alliances, collaborations, mergers and acquisitions, in and out licensing initiatives, and other activities. Leadership and Direction Communicate the actions needed to implement the function's strategy and business plan within the team; explain the relationship to the broader organization's mission, vision and values; motivate people to commit to these and to doing extraordinary things to achieve local business goals. Performance Management Manage, drive and report on performance within the area of responsibility. Set appropriate KPI's that are aligned to business objectives for direct reports and hold them accountable for achieving these. Take appropriate corrective action where necessary to ensure the achievement of annual business objectives. Customer Relationship Development / Prospecting Build a pipeline in order to identify potential partners. Implement relationship management plans for complex potential customer accounts to identify and build relationships with relevant decision makers and influencers within the customer organization and to enable effective two-way flow of information and resolution of issues. Sales Opportunities Creation Develop a personal network within the business sector and represent the organization at business sector events. Obtain market intelligence and enhance the visibility and reputation of the organization, its products, and its services. Sell Customer Propositions Lead a cross-functional internal team (for example, technical, commercial, and legal) to configure a complex tailored or bespoke product and services solution and associated contractual terms that meet the customer's mid- to long-term needs at a national/key operating unit level. Negotiate agreement with the customer and internally with commercial colleagues to ensure that customer requirements are met at an acceptable level of profitability and cash flow. Review sales proposals from team members and authorize those that deviate from standard terms, escalating issues to senior management where appropriate. Build profit and loss business cases in order to support the partnership agreements. Negotiate and build partner tailor made product offerings. Negotiate and agree on commercial terms for partnerships. Customer Needs Clarification Consult with a range of customer representatives at different levels to identify the outcomes they require, introducing relevant internal specialists and utilizing their expertise to gather and analyze complex customer data, clarify mid- to long-term customer needs, and develop and agree to a specification of customer requirements. Present new product offerings to partners in order to influence the outcome of agreements. Promoting Customer Focus Develop internal marketing plans and work collaboratively with other departments to improve internal relationships in a large organization and to build strong external customer relationships. Manage internal stakeholder relatiohships in order to facilitate and implement partner agreements. Operational Compliance Maintain and renew a deep knowledge and understanding of the organization's policies and procedures and of relevant regulatory codes and codes of conduct, and ensure own work adheres to required standards. Identify, within the team, patterns of non-compliance with the organization's policies and procedures, and with relevant regulatory codes and codes of conduct, taking appropriate action to report and resolve these and escalating issues as appropriate. Insights and Reporting Prepare and coordinate the completion of various day to day reporting and monthly reporting. Identifying and interpreting patterns and trends, and translating those insights into actionable recommendations and by implementing solutions. Organizational Capability Building Use the organization's formal development framework to identify the team's individual development needs. Plan and implement actions, including continuing professional development specified by professional or regulatory institutions, to build their professional capabilities. Provide informal training or coaching to others in own area of expertise to enable others to improve performance and fulfill personal potential. Personal Capability Building Develop own capabilities by participating in assessment and development planning activities as well as formal and informal training and coaching; gain or maintain external professional accreditation where relevant to improve performance and fulfill personal potential. Maintain an in-depth understanding of technology, external regulation, and industry best practices through ongoing education, attending conferences, and reading specialist media. Customer Relationship Management (CRM) Data Enter customer information that has been gathered through research and/or through direct customer contact into the customer relationship management system, to ensure that the organization has quality data to enable effective customer retention and business development activities. Ensure that team members maintain up-to-date customer relationship management data, identifying and resolving issues. |
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Requirements | General Education Grade 12/SAQA Accredited (Essential) RE compliant (Essential) 150 FAIS Commercial Credits (Essential) Relevant 3 year degree or diploma in relevant field (Advantageous) EXPERIENCE General Experience 4-6 years commercial experience (Essential); 2-3 years commercial underwriting experience (Advantageous); Experience in Financial Services Industry (Advantageous) Managerial Experience 3 or more years experience of planning and managing resources to deliver predetermined objectives as specified by more senior managers (Essential) |
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Job Closing Date | 19/01/2021 | ||
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