We are seeking a motivated and detail-oriented Insurance Specialist to join our team. In this role, you will play a vital part in supporting Financial Advisers with clients' protection needs.
You will be responsible for engaging with Financial Advisers and clients, offering exceptional support, and building strong relationships with them.
- Serve as the expert on the entire suite of insurance products offered by the company and maintain a comprehensive understanding of product features, benefits, limitations, and target markets.
- Develop and maintain a detailed internal product comparison matrix, highlighting key differences, advantages, and disadvantages of each product. Regularly update the matrix to reflect changes in product offerings
- Provide expert advice to Financial Advisers and clients on selecting the most suitable insurance products based on their specific needs, financial goals, and risk tolerance. Utilize the internal product comparison matrix to support recommendations and demonstrate the value of each product.
- Conduct training sessions and workshops for Financial Advisers to enhance their knowledge of insurance products and their ability to effectively recommend them to clients.
- Develop and execute sales strategies that position insurance products as valuable solutions to clients' needs, working closely with insurers to strengthen our partnership.
- Present insurance products and solutions to clients in a clear and professional manner, addressing any questions or concerns they may have.
- Prepare and process insurance applications, ensuring accuracy and compliance with regulatory requirements.
- Stay abreast of industry trends, regulatory changes, and competitive landscape to ensure the company's product offerings remain competitive and relevant.
- Collaborate closely with the operations team to optimise workflows and ensure smooth execution.
- Perform ad-hoc UAT testing and provide feedback on new insurance features to ensure a seamless user experience.
- Drive sales performance by meeting KPIs, ensuring meticulous tracking of sales, campaigns and provide timely internal reporting to Financial Advisers and internal teams
- Maintain accurate records of sales activities and client interactions.
Requirements:
- Diploma or Bachelor's degree in any discipline, or CFP/AFP candidate preferred
- Self-motivated, proactive and have a strong sense of ownership.
- Strong presentation, communication, organisational, and interpersonal skills.
- Ability to work independently and as part of a team.
- Knowledge of insurance products, regulations, and industry best practices.
- Proficiency in Microsoft Office.
- Licensed in life insurance and general insurance.
- Proven track record of success in insurance sales or a similar role.
- High level of integrity and professionalism.
- Ability to learn and adapt to new technologies.
What makes you stand out:
- Like to think out of the box and possibilities to execute creative ideas
- Self-starter and hungry for growth
- Enjoy challenges and demonstrate adaptability and resilience in a fast paced environment
- Have a strong sense of ownership, collaborative and value teamwork
- Passionate about holistic wealth management, and driven to prospect new business and develop long-term relationship
