Sales Manager- Cape Town

Introduction

Through our client-facing brands Metropolitan and Momentum, with Multiply (wellness and rewards programme), and our other specialist brands, including Guardrisk and Eris Property Group, the group enables business and people from all walks of life to achieve their financial goals and life aspirations. We help people grow their savings, protect what matters to them and invest for the future. We help companies and organisations care for and reward their employees and members. Through our own network of advisers or via independent brokers and utilising new platforms Momentum Metropolitan provides practical financial solutions for people, communities, and businesses. Visit us at https://www.momentumgroupltd.co.za.

Disclaimer

As an applicant, please verify the legitimacy of this job advert on our company career page.

Role Purpose

The purpose of the role is to execute on the Momentum Insure Sales strategy.

This will include the achievement of product sales targets and the delivery of excellent, consistent customer experience across all products at the lowest possible cost.

This role leads and directs the Momentum Insure SIA channel, strong leadership is required to motivate and inspire the team to achieve outstanding results.

The Sales Manager is accountable for understanding Regional Customer base, growth opportunities and specific demands whilst ensuring effective capacity management of available resources in order to achieve higher operational efficiencies.

To ensure that the processes within the Momentum Insure Sales Team comply with legislative and process requirements.

Achievement of required audit scores

To work along with staff to enhance skills levels and create a healthy work environment. Contracting and achieving of training and development plans for SIA's. Manage transformation and employment equity

Requirements

Matric/Grade 12

NQF 5 as required/ equivalent qualification and or FAIS Credits (min 30 credits in short term insurance if date of first appointment is before 2010); or if date of first appointment is on or after 01/01/2010, a full recognized qualification as per the FSCA qualification list.

FAIS Regulatory examination for Representatives (RE5) and (RE1) for Key Individual

If you are registered for one Class of Business (Personal or Commercial), you are required to have 12 CPD (continuous professional development) points. If you are registered for two Classes of Business (Personal plus Commercial), you are required to have 18 CPD points.

5 Years' experience in Sales (Short Term Insurance)

Must have experience in both personal and commercial lines

3 Years' experience in Managing staff in a short-term industry

Duties & Responsibilities

Driving profitable sales volume of all Momentum Insure products.

Achieve excellent, consistent customer experience across channel.

Implement sales plans, budgets, and accelerated growth strategies:

Addressing sales to the external market

South African and public sector markets

Maximize channel effectiveness

Apply a deep understanding of Provincial client and competitive markets and needs to execute on initiatives that will lead to a greater market penetration.

Communicate the sales distribution strategic objectives, plan, and operating model to stakeholder.

Accountable for the establishment of a fast and efficient lead management process

Ensuring effective resourcing, development, performance management and retention plans are in place for the sales team.

Run collaborative meetings for retail sales.

Collate provincial specific retail tied sales information and compile relevant reports to respective stakeholders

Ensure effective risk management and governance of Momentum Insure sales.

Key individual Momentum Insure –; management oversight of the sales activities, including the performance of compliance function, specifically with respect to FAIS and the product categories for which Momentum Insure are licensed, and represent the Sales Team during compliance monitoring visits.

Competencies

Impactful leadership

Driving change

Purposeful collaboration

Growing capability

Relationship building

Managing performance

Product Sales

Sales skills

Risk awareness

Cross selling

Extensive knowledge of the Short-Term Insurance Industry

Knowledge in managing a diverse

Thorough understanding of the insurance industry

Thorough understanding of business principles

Interpersonal Skills

People Management skills

Ability to handle

Negotiation skills

Problem solving

Coaching skills

Knowledge of Sales process