Technical Broker

at Standard Bank
Location Durban, South Africa
Date Posted Sep 15, 2020
Category Banking Jobs
Job Type Full-time


Standard Bank is the largest bank in Africa and our highly visible brand, award-winning service, and strong global presence helps us maintain our market-leading position. We place huge value on the talent of our people to drive our continued success, and to support our plans for growth. We now need a talented and resourceful Account Executive to help us fulfil our business objectives and build customer loyalty.

Job Purpose


  • To support the Account Executives / Account Managers in servicing a portfolio of Business, Corporate and Commercial clients
  • To add value by offering attention to detail and broking skills
  • Ensuring that the legislative and regulatory requirements of the broking processes are followed including adherence to all SBIB Policies and Procedures, Technical Broker Manual etc


Key Responsibilities/Accountabilities


  • Broking
  • Amendments
  • Quoting
  • Compliance i.t.o legislation / regulations and all required documents
  • Obtaining terms
  • Renewals on Corporate and Commercial Accounts
  • Queries / Client Service
  • Confirmation of cover
  • First level complaints
  • Policy File Management
  • Physical files
  • Permanent electronic records
  • Retention
  • Administration
  • Where necessary to accompany the Account Executive on client visits
  • If requested, to prepare renewal presentations, reports and other related tasks


Preferred Qualification and Experience


  • Matric
  • RE exams
  • FAIS
  • Fit and Proper
  • Product Accreditation (Corporate, Commercial)
  • Minimum 3 years of Underwriting or Broking experience in Corporate and Commercial Insurance


Knowledge/Technical Skills/Expertise


  • Have a solid technical knowledge of Corporate and Commercial Short Term Insurance.
  • Have knowledge and understanding of the applicable provisions of the general code of conduct of authorized financial services providers and representatives (FSB Board Notice 80).
  • Have a basic understanding of the financial intelligence centre act (FICA), Act 38 of 2001, and the money laundering provisions of the Prevention of Organized Crime Act.
  • Good understanding of the banking structure, environment, products and culture.
  • Minimum 3 years of experience in Corporate and Commercial Insurance.
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