Let's Write Africa's Story Together!
Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this.
Job Description
Summary
This role manages a sales team and distribution strategy and is accountable for the sales targets and profitability of the team, over periods of up to a year.
Job Description
The position has been identified as a FAIS position and falls within the ambit contemplated by FAIS related to Category B. The successful candidates must therefore comply with all FAIS requirements, including the Fit and Proper requirements of Honesty and Integrity (e.g. be clear of any offence relating to fraud, dishonesty and/or any professional misconduct) as well as competence and relevant qualifications.
Manages sales & expense budget for a sales team in a branch against set targets.
Responsible for distribution strategy of products within a branch.
Accountable for local marketing.
Identifies & creates coordinated sales opportunities.
Responsible for external networking & relationship building with key door openers.
Ensures delivery of customer value.
Manages, develops, appoints & trains sales advisors.
Desired experience
Gr12 (Matric)FSCA Approved QualificationFAIS CompliantProduct category experience (Long term Insurance subcategory B1, Long term Insurance subcategory B2 and Retail pension benefit)CPD – Continuous Professional Development – All circlesCoB – Class of BusinessA valid Driver’s licence and your own carA clear criminal and credit checkProven computer literacy (MS Office suite)Excellent communication skills (written and verbal)Previous Managerial experienceKnowledge and exposure to Group Schemes advantageous(Internal) Successful completion of MODP (This applies for applicants who have previously worked for Old Mutual)(External) Managerial qualification – advantageousManages and coordinates the organisation’s sales function to meet the organisation’s business requirements. Manages a large-sized team of advisors to develop, maintain, and leverage relationships with prospective and existing clients to stimulate and manage demand for financial products and services.ResponsibilitiesLeadership and DirectionIdentify and communicate the actions needed to implement the function's strategy and business plan within the business area or department; explain the relationship to the broader organization's mission, vision, and values; motivate people to commit to these tenets and do extraordinary things to achieve local business goals.
Customer Relationship Management / Account ManagementDevelop and implement relationship management plans for complex existing customer accounts to identify and build relationships with relevant decision-makers and influencers within the customer organization and to enable effective two-way flow of information and resolution of issues. Manage ongoing relationships with identified customer segments to ensure their needs are met, providing themes, summary analyses, and recommendations for changes based on customer input.
Sell Customer PropositionsConfigure a complex product-and-services solution and associated contractual terms that meet the customer's mid- to long-term needs, taking input from relevant internal specialists. Present the solution to customer representatives and negotiate agreement within a predefined range of commercial parameters, or, alternately, review sales proposals from team members and authorize those that deviate from standard terms, escalating issues to senior management where appropriate.
Sales Opportunities CreationDevelop a personal network within the business sector and represent the organization at business sector events. Obtain market intelligence and enhance the visibility and reputation of the organization, its products, and its services.
Performance ManagementManage and report on the performance of a substantial, diverse team; set appropriate performance objectives for direct reports or project/account team members and hold individuals accountable for achieving them; take appropriate corrective action where necessary to ensure the achievement of team/personal objectives.
Operations ManagementOversee an operational area with guidance from senior colleagues. Could involve responsibility for development or delivery (or both).
Promoting Customer FocusDevelop internal marketing plans and work collaboratively with other departments to improve internal relationships and build strong external customer relationships.
Key Account ManagementManage and develop important customer relationships with guidance from senior colleagues, and/or manage an account team delivering day-to-day support. Customers are likely to include mid-tier companies, multinational corporations, and the like.
Customer Relationship Development / ProspectingDevelop and implement relationship management plans for complex potential customer accounts to identify and build relationships with relevant decision-makers and influencers within the customer organization and to enable effective two-way flow of information and resolution of issues.
BudgetingDevelop and/or deliver budget plans with guidance from senior colleagues.
Organizational Capability BuildingUse the organization's formal development framework to identify the team's individual development needs. Plan and implement actions, including continuing professional development specified by professional or regulatory institutions, to build their professional capabilities. Provide informal training or coaching to others throughout the organization in own area of expertise to enable others to improve performance and fulfill personal potential.
Skills
Competencies
Builds Effective TeamsBuilds NetworksBusiness InsightCollaboratesCommunicates EffectivelyCustomer FocusDrives ResultsEnsures AccountabilityEducation
Closing Date
04 April 2025 , 23:59The appointment will be made from the designated group in line with the Employment Equity Plan of Old Mutual South Africa and the specific business unit in question.
The Old Mutual Story!