Financial Consultant

Reports To: Director

Job Overview:

The Financial Consultant will be part of an exciting team that is crucial to the expansion of the organisation. This person will be responsible for selling and advising clients on various insurance policies, including but not limited to life, health, auto, and property insurance. Your primary goal is to understand the needs of potential clients, recommend appropriate insurance coverage, and build long-term relationships based on trust and excellent customer service.

Benefits / Rewards:

• Flexible Incentive Structure (uncapped potential earnings).
• Training and Professional/Personal Development.
• Attractive Rewards Programmes.
• Cohesive culture focusing on Teamwork.
• The Company emphasises on the importance of work-life balance.

Responsibilities and Duties:

Sales and Business Development:

• Prospect and generate new business opportunities through leads, referrals, and networking.
• Meet with potential clients to assess their insurance needs and provide tailored recommendations.
• Sell insurance policies and products, explaining coverage options, terms, and benefits.
• Achieve or exceed sales targets and contribute to the overall success of the company.

Customer Relationship Management:

• Build and maintain strong, lasting relationships with clients.
• Provide ongoing customer service, addressing client inquiries, concerns, and policy updates.
• Assist clients in the claims process by explaining procedures and providing support.

Market Research and Knowledge:

• Stay up-to-date with industry trends, products, and regulations.
• Conduct research on competitors and market conditions to position the company effectively.
• Educate clients on the benefits of different types of insurance and assist them in making informed decisions.

Policy Administration:

• Prepare and review insurance applications, policy documents, and other related paperwork.
• Ensure accurate documentation and timely processing of policies, renewals, and endorsements.
• Maintain records of client interactions and transactions using CRM or other systems.

Compliance and Ethics:

• Ensure adherence to all regulatory and compliance requirements in the sale and servicing of insurance policies.
• Uphold the highest ethical standards in all client interactions and company dealings.

Qualifications / Requirements:

• Min. Diploma from a Local Polytechnic
• Proven experience in sales, preferably in insurance or financial services.
• Excellent communication and interpersonal skills.
• Strong negotiation and problem-solving abilities.
• Self-motivated with a results-driven attitude.
• Ability to work independently as well as part of a team.