Branch Manage ( Long term insurance )

 

Recruiter:

The Recruitment Council

Job Ref:

Branch Manager

Date posted:

Thursday, March 10, 2022

Location:

Johannesburg, South Africa

Salary:

450 000 - 550 000


JOB SUMMARY:
Branch Manager

JOB DESCRIPTION:

The focus of this role is the sales delivery, strategic execution, people development, and regulatory compliance.

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.

Functional Strategy Formation & Implementation

Develop tactical plans for optimizing resources and assets being managed within Tied Financial Advisory Services to meet business growth requirements.

Business Planning

Contribute to the development of annual and longer-term business plans; forecast performance against business key performance indicators; develop business cases for key activities/projects; and estimate the financial and human resources required to deliver performance targets.

Stakeholder Engagement

Develop stakeholder engagement through identifying stakeholders, finding out their needs/issues/concerns and reacting to these to support the communication of business information and decisions.

Operational Compliance

Monitor and review performance and behaviors within area of responsibility to identify and resolve non-compliance with the organization''s policies and relevant regulatory codes and codes of conduct.

Performance Management

Manage and report on the performance of a substantial, diverse team; set appropriate performance objectives for direct reports or project / account team members and hold them accountable for achieving these; take appropriate corrective action where necessary to ensure the achievement of team / personal objectives.

Sales Management

Sell complex, often customized products and services to significant customers and/or manage a significant sales department.

Policy and Regulation

Knowledge of the Insurance Act, Insurance principles , Business processes, New business development, Channel distribution, start up strategies, Compliance & regulatory risk management.

EDUCATION

General Education

· Grade 12/ SAQA Accredited Equivalent (Essential); FAIS accredited NQF5 (120 credits) (Essential)

· KI Regulatory Examination (Essential); Full product holding accreditation (Essential); CFP (Advantageous)

· Business Related Degree (Advantageous) Management and/or coaching qualification (Advantageous)

EXPERIENCE

General Experience

· Minimum 5 or more years'' experience managing a sales-driven team or multi- teams in the financial sector (Essential)

· Experience within life and wealth long- term insurance industry (Essential)

Previous Tied Agent Experience (Advantageous)

· Minimum 3 or more years'' managerial experience within a financial services environment (Essential)

 

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