• 2.6.2 Brokers


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    Description of role

    Responsible for sourcing and generating new business, managing corporate and private accounts, placing insurance contracts and keeping up with the changes in the insurance markets and client industries.

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    Core skills

    • Knowledge of brokerage operations
    • Knowledge of range of services of insurance brokers and consultants
    • Knowledge of claims negotiation, collection and payment process
    • Understanding of key aspects of the regulatory and legal environment within which broker operates
    • Ability to understand client needs
    • Ability to negotiate and placing of insurance contracts
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    Qualification and/ or certification

    • QFSQF Level 2
    • Relevant experience

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    Industry knowledge

    • Knowledge of Insurance industry
    • Ability to analyse and identify market trends and spot opportunities

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    Regulatory compliance of role

    • Knowledge of insurance regulatory framework