£50k – £66k per annumEstimated
Our client is one of the largest independent award-winning financial services and insurance brokers, with over a twenty-two-year pedigree of operations in the Gulf Region. If you are NOT a financial services investment and/or insurance sales person, then this is not for you and please don’t apply.
They moved to new offices in Bahrain in December 2012. As a well-established Insurance Brokerage, their client bank reflects Bahrain’s population, as does their team of established Financial Consultants – they serve clients in every community.
Operating from their prestigious offices in the Seef District, you will offer a full range of life insurance, savings and investment products to their clients, new and existing. Further, you will be able to offer a full range of commercial insurance, employee benefits, and personal lines insurance, supported by a first-class administration team.
They are looking for experienced financial services advisers and consultants, ideally already operating in the Bahrain market, although we are prepared to help you to relocate to Bahrain. You will speak English fluently and be able to mix in a variety of social settings.
Their Financial Consultants operate in teams, managed by experienced Sales Managers who are there to help you to network, understand client needs, and find the right solution for each customer.
REQUIRED SKILLS
- Be customer service centric
- Be people focused
- Be great at planning
- Be good at negotiating
- Be great at networking
- Be a good communicator
- Have good time management skills
- Be a problem solver
- Have impeccable integrity
- Have excellent financial awareness
- Be results driven
- Be good at business Development
- Be focused on sales culture
- Be Ethical
- Have good judgement
- Have sound financial insight
RESPONSIBILITIES:
- Prospects, develops, and closes new business clients
- Remain abreast of market, industry, and regulatory developments and develop a personal network to increase knowledge
- Arrange Client meetings and attend when required
- Resolve any escalated complaints and disputes that arise and manage good levels of client service
- Contact clients and arrange in-depth meetings with them to best understand their financial goals and aspirations, then generate a proposal to enable them to make an informed decision as to how they can achieve their financial goals
- Keep up-to-date files relating to dealings with customers.
- Identify the Client’s insurance and financial needs and offer advice on how best they can achieve these needs
- Increase short- and long-term persistency of the company book of policies
- Arrange regular meetings with existing customers to review and ensure that their insurance and financial requirements are being met.
- Contact customers to make them aware of new financial and insurance products or changes to legislation that may affect their existing financial plans
- Ensure that you stay up to date with current products provided by the company and aspects of legal and regulatory requirements in the area where you work.
- Analyzing information and preparing plans best suited to individual clients’ requirements.
- Researching the marketplace and providing clients with information on new and existing products and services.
- Liaising with head office and financial services providers.
- Communicating with other professionals, such as estate agents, solicitors, and accountants.
EDUCATION REQUIRED:
- Degree holder.
- 2-3 Years of experience in an independent financial advisory capacity / Brokerage
- Chartered Insurance Institute or CISI level 4 financial services diploma qualification
THE COMPANY OFFERS:
- They provide security and career opportunities with unlimited income and fully funded back-office support
- Visa sponsorship, medical and Life cover are provided.
- This role also offers the opportunity to attend in-house training to become certified with the UK’s Chartered Insurance Institute at no cost to the successful candidate.
- Continuous personal development facilitated by our Training and Development Team.
- Attractive sales incentives including international conventions are just some of the additional rewards available.
TO BE CONSIDERED, YOU WILL NEED TO HAVE:
- A persistent desire to succeed
- Relationship and networking ability
- A customer-centric attitude
- A flexible working style
- An existing client bank (preferable but not essential)
Please note: This position would typically suit experienced investment advisory candidates. Experience working in the international wealth management or insurance business is preferred. This position is NOT for someone from accounting/auditing financial management or any other profession. This is a client-facing, sales and targets-driven profession leading from the front. Please only apply if you have the required experience and credentials.