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Marsh & McLennan

Brokers insurance and runs risk and HR consulting

Trade Credit Business Development Executive

Insurance Sales & AgencyPosted on Nov 11
Full-timeSandton, South AfricaNo salary listed

About the Job

Requirements

  • Five years of proven Trade Credit sales experience with a track record of closing deals.
  • Established networks of CFOs, financial managers, or credit professionals that can be activated immediately.
  • Demonstrated success in B2B sales, ideally in financial services, insurance, or regulated industries.
  • A consultative selling approach, diagnosing client problems rather than only pitching products.
  • Strong analytical capability to read financial statements, assess risk, and structure solutions.
  • FAIS Accreditation RE5.
  • A tertiary qualification in Commerce, Finance, Accounting, or Business is advantageous; NQF Level 7 is preferred.
  • A valid driver's license.
  • Financial acumen, including comfort reading and interpreting balance sheets, profit and loss statements, cash flow statements, and receivables aging.
  • Understanding of documentary credit, such as letters of credit.
  • Clear, persuasive, and professional written and verbal communication, with the ability to simplify complex information.
  • Ability to build trust-based relationships and develop long-term partnerships.
  • Attention to detail, including meticulous record keeping, accurate quoting, and compliance documentation.
  • Negotiation skills to balance client needs with underwriting requirements and reach mutually beneficial outcomes.
  • Time management and prioritization skills to manage multiple prospects at different stages and maintain disciplined follow-up.
  • Adaptability and responsiveness to client and market demands in a fast-paced environment.

Responsibilities

  • Identify and engage prospective corporate clients, CFOs, treasury teams, and financial managers to understand their credit risk exposure and business objectives.
  • Qualify opportunities by determining suitability for Trade Credit Insurance and related credit risk solutions.
  • Build trusted relationships and position the role as a credible risk advisor.
  • Manage an active pipeline of opportunities from initial contact through contract signature and renewals.
  • Partner with Marsh client executives to understand client needs, craft tailored solutions, and provide market intelligence on available coverage.
  • Educate clients and prospects on emerging trade credit trends and geopolitical risk landscapes.
  • Present solutions and quotes to clients clearly, confidently, and with commercial acumen.
  • Analyze prospect financial statements, receivables portfolios, and trading patterns to structure appropriate coverage.
  • Gather and analyze client financial statements, trading history, concentration risks, and credit exposure to develop competitive quotes.
  • Conduct detailed financial analysis and risk assessment to determine appropriate insurance structure and pricing.
  • Negotiate terms and coverage to close deals that meet client objectives and underwriting guidelines.
  • Manage complex client and prospect conversations professionally.
  • Maintain accurate documentation of client advice and compliance records.
  • Provide post-sale support by guiding clients through policy activation, online portals, and training.
  • Ensure clients understand their coverage, claims procedures, and renewal options.
  • Identify upsell and cross-sell opportunities aligned with evolving client needs.
  • Hand over new accounts professionally to the servicing team.
  • Maintain compliance records and ensure adherence to FAIS regulations and industry best practices.

Desired Qualifications

  • A tertiary qualification in Commerce, Finance, Accounting, or Business; NQF Level 7 is preferred.
  • B2B sales experience in financial services, insurance, or regulated industries is ideally suited.

About the Company

Marsh & McLennan

Brokers insurance and runs risk and HR consulting

Marsh & McLennan Companies, which operates under the Marsh brand, is an insurance broker and consulting group serving businesses, governments and institutions worldwide. Its Marsh Risk unit arranges property, casualty, cyber and employee-benefit coverage, while Guy Carpenter places reinsurance for insurers. Mercer advises employers on pay, benefits, retirement and investments, and Oliver Wyman, Lippincott and NERA handle strategy, brand and economic consulting. Brokers earn commissions and fees from placing coverage, and consultants bill client fees or charge fees based on assets or plan members. The company traces its roots to 1871 and is headquartered in New York City.

Company size
10,001+
Company stage
Not listed
Total funding
Not listed
Headquarters
New York, NY
Founded
1871

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