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Job Summary
Based in a branch, the role holder will have a responsibility for selling Bancassurance products and servicing customer needs on a proactive and reactive basis. The role holder will be required to meet minimum performance standards across service and sales meeting a minimum number of sales per week/month based on an appropriate product mix. The role is based in a named Branch, but the role holder will be expected to work in and support other local branches as and when required. The role operates using pre-programmed systems and well-defined procedures, but there may be times when the role holder must address unforeseen situations, escalating to more senior level as appropriate.
Job Description
Main accountabilities and approximate time split
Sales & service:95%
- Pitching and selling all types of insurance products as per internal procedures and any other bank product or service assigned for sales as and when required.
- Undertake customer service initiatives/requirements for face-to-face customers to pre-determined service standards.
- Building relationships with existing customers to pro-actively anticipate and address future customer needs and identify sales opportunities.
- Cross-sell appropriate customer needs related products face to face and otherwise.
- Complete follow-up paperwork and undertake administration activities to ensure effective, efficient, and compliant operation of the branch.
- Assist customers in completion of Bank stationary, forms etc.
- Introduce customers to appropriate product/segment specialists as required for example SME and Corporate insurance needs.
- Follow up renewals for a month.
- Attend to insurance claims, do follow ups and submit forms on timely manner.
- Undertake in-bound and out-bound marketing, special campaigns, promotions etc.
- Deal with handling complaints in the Banking Hall
- Review merchandising – general Banking Hall appearance, displays, cleanliness, tidiness etc.
- Works to achieve service and sales targets.
- Visit and source customers outside of the branch to meet targets.
- Maintain statistics and monitor progress of target reporting.
- Ensure on boarding process and relationship deepening.
- Delivering an individual assigned financial target on local business.
Business Management: 5%
- Maintain statistics and monitor progress of target reporting
Risk and Controls Objectives
Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Absa Operational Risk Framework and internal Absa Policies and Standards
Manage risk and control effectively by applying applicable risk frameworks and embedding a positive risk culture.
- Understanding of own role in the end-to-end processes in which you play a part, including applicable risks and controls.
- Adhere to Absa’s policies and procedures applicable to own role, demonstrating sound judgement and responsible risk management.
- Report all risk events / incidents / issues using the defined process for your business area and help to understand why these happened and how to prevent them in future. Proactively look for ways to improve the control environment by considering what could go wrong in the processes you operate and how errors could be prevented.
- All mandatory training completed to deadline
Be seen/heard doing/being…………
In an Operations context:
- Maintaining a current understanding of customer needs, emerging trends, sales and servicing best practice, etc., sharing it with colleagues and applying it to day-to-day operations.
- Supporting, and where appropriate leading, effective client meetings; understanding and owning the customer’s goals, promoting the full range of Absa products, and continuously developing long-term loyalty to the brand.
- Planning and effectively managing their schedules and time to invest in high value activities, building in buffer zones to cover ad-hoc activities.
In a People context.
- Actively seeking feedback on their own performance from others and taking action to develop and improve their own capabilities.
- Actively contributing to the development of a “team culture” across the Branch, including the Specialist sales teams.
- Being responsive to colleague queries and requests for support.
Have the following impact on………….
Customers:
- Experience a consistently high standard of well-integrated customer service across all Network and Specialist propositions.
- Feel important, appreciated and that their needs are understood.
- Feel confident that Absa can make and save their money.
- Will readily sign up to appropriate, additional Absa’ products and services when offered and will recommend others to Absa based on their experience.
Colleagues:
- Collaborate with him/her routinely and naturally and treat them as a valued member of the Branch team.
- Demonstrate confidence in the role holder as a colleague.
The Business:
See a motivated, high performing Branch team, working as one with their branch and operations colleagues, to achieve, and often beat, their plans and goals.
Technical skills / Competencies
Skills & Competencies
What does the role holder need to be able to do/be good at doing?
- Keyboard skills to operate relevant Customer Systems
- Basic numeracy for maintaining sales records.
- Tact and diplomacy
- Empathy
- Communication skills particularly oral
- Sales skills
- Presentation skills
- Networking
- Commercial Awareness
- Building Relationships quickly
- Effective interpersonal skills (effective questioning and active listening)
- Service Excellence
- Personal Drive
- Ability to plan and organise
Knowledge, Expertise and Experience
Experience
What does the role holder need to have done before?
- Operated in a customer facing role where service is paramount.
- Experience in service and sales environment
- Has experienced a target driven role
Knowledge
What does the role holder need to know/know about and/or be qualified in?
- Certificate, Diploma, or a Degree in Insurance
- Customer service standards
- IT literate
- Sales standards in line with regulation
- Competitor information in relation to products and service
- Fully conversant with all Insurance products
- Detailed knowledge of relevant Customer systems to sell
Other requirements specific to the role:
- Courtesy when dealing with a range of customers.
- Initiative required to satisfy customer needs and seize sales opportunities.
Training requirements specific to the role
Sales process and selling training, service modules and minimum regulatory training. Also includes technical training to ensure competence in Insurance, Risk Management and Regulations. Also:
- Sales & Marketing Course
- Know Your Customer
- Presentation and Communications course
Absa Values
Absa Values and Behaviors represent the set of standards which governs the actions of all of us who work for the bank and against which the performance of every one of us in Absa are being assessed and rewarded:
- I drive high performance to achieve sustainable results.
- I’m obsessed with customer.
- I have an African heartbeat.
- I believe our people are our strengths.
Education
Further Education and Training Certificate (FETC): Business, Commerce and Management Studies (Required)
