South Africa Job Openings
Sanlam
Business Development Consultant
Johannesburg
FULL TIME
September 12, 2024
This role fulfils the execution of strategic business development initiatives (new and existing) to achieve the
Business Unit's current and future growth opportunities in the direct insurance market, and build our
competitiveness and future market share through existing and new distribution channels, including strategic
business partners, traditional lead providers, brokers, dealerships etc.
In addition, the BDC will take full accountability for identifying potential business partnerships, maintaining good
and solid relationships, securing new business opportunities, and promoting the Santam brand and product
offerings for Personal and Commercial Insurance to achieve business growth targets set.
The BDC will be responsible for all due diligence linked to the onboarding of new Direct Business Partners,
ensuring that all compliance and legislative elements pertaining to NDAs, contracting, SLAs, and reporting are
executed timely and accurately. This role will also be responsible for maintaining strong business relationships with
all Direct Partners in line with Santam's values, mission, and vision strategy.
- Sourcing high intent sales opportunities, in line with Santam's risk appetite
- Achieve maintain all partnership strategies to deliver on all contracted targets
- Maintain a healthy business relationship at a strategic and operational level
- Responsible for negotiating capacity and support from other teams within Santam to support new and existing Business Partnerships
- Keep abreast of any developments within our partners and manage the portfolio of business through analysis, interpretation and decision making
- Responsible for all Direct Business Partner contracting and adherence to any governance and legislative requirements. Also responsible for annual renewed contracting where required
- Constant communication and pointers to the Business Development Manager in order to achieve targets, maintain relationships, adhere to any legislation changes etc. that may apply.
- Proactively identify operational or procedural obstacles and problems, determine impact patterns and trends analysis by identifying best fit alternatives design best practice solutions
- Manage effective SLA's with internal and external stakeholders
- Proactively identify operational or procedural obstacles and problems, determine impact patterns and trends analysis by identifying best fit alternatives design best practice solutions
- Matric
- Relevant insurance qualification
- FAIS compliant , including RE certificate
- Minimum 5+ years relationship management experience
- Minimum of 3 years short term insurance experience essential
- Experience in a direct non-life OR short-term insurance environment preferential
- Valid driver's license
- Microsoft Office - Excel, Word and Power Point
- Proven ability to manage relationships with partners
- Ability to negotiate and conclude partnerships
- Technical insurance knowledge essential - Sales, Underwriting, QA,
- Rating and Loss Ratio (high level information)
- Effective internal and external stakeholder management
- Administration function in ensuring that contracts are in place, compliance and legislative requirements are being met and reports to Business Partners are timeous and value adding
- Excellent communication, negotiation and presentation skills
-
Problem solving skills
- Builds effective teams
- Decision quality
- Directs work
-
Plans and aligns
expanding and transforming company and whilst based in South Africa, we are rapidly moving into a number of
emerging markets, both in Africa and Asia.
Our success is rooted in our passion for our clients and everything we do is centered on our delivery of Insurance
Good and Proper. We’re about people. People drive our business so it follows that we want to recruit the best
people possible whether they work for us permanently or for a short time as temporary employees.
At Santam we are committed to transformation and embracing diversity. This commitment is what drives us to
achieve a diverse workplace with employment equity as a key goal to create an inclusive workforce, representative
of the demographics of our society. In achieving our employment equity goals we give preference to applicants
from the designated groups in alignment with the Divisions Employment Equity targets.
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