Who are we?
Sanlam Life and Savings (SLS) is focused on serving our retail and corporate clients in South Africa and further developing our strategic advantages in the South African market. Sanlam Life and Savings consists of three clusters - Sanlam Corporate, Sanlam Retail Mass and Sanlam Retail Affluent. The Sanlam Life and Savings Office provides strategic direction, coordination and support to the three clusters, as well as performing governance oversight that includes assurance provided by second line of defense functions in SLS, to enable us to meet our business objectives.
- Support Regional Strategies
- Understand regional strategy and ensure it is converted into operational deliverables.
- Assist to set up plans for the implementation thereof within the different business units.
- Responsible for the regular progress monitoring of the strategy.
- Active participation in regional meetings to influence the developing, understanding and execution of the strategy.
- Resolve ad-hoc enquiries from Management to assist them with the execution of their business plans.
- Sales Reporting
- Reporting, interpretation and analysing of sales results on daily and monthly basis.
- Income and cost variance analysis and reporting on trends and exceptions.
- Responsible to develop and compile monthly management reports according to stakeholder needs.
- Do trend analysis of production parameters and what-if modelling to forecast results.
- Prepare monthly slide pack and present results at management meetings.
- Ensure that the reporting and management of Adviser and Broker debt is happening as per guideline.
- Sales Budgets
- Compiling and communication of annual targets from regional to adviser/consultant level.
- Responsible for the accurate management and adjustment of sales targets on all levels.
- Ensure that organisational and portfolio structures in the region are accurately maintained.
Outputs / Core Tasks continued
- Financial Management Support
- Coordinate financial payment cycle and resolving enquiries.
- Ensure adherence to expense management/approval framework.
- Highlight and flag financial risks.
- Participate in preparation of all the regional/unit annual expense budgets.
- Ensure that effective cost management and budget monitoring is happening in the region.
- Ensure realistic expense projections on all levels.
- Promote a risk management culture in the region through pro-active controls and processes.
- Ensure compliance to the risk management framework within SanlamConnect.
- Data analysis & insights
- Providing in-depth analysis and insights on business issues to enable better decision making.
- Develop new reports and reporting tools to enhance the
- understanding of emerging business issues.
- People management
- Contracting of performance goals and regular performance feedback to Regional Financial Assistant.
- Promote a culture of cross-training and continuous development within own and Finance team.
Qualifications
- B.Com degree with major in Business Economics, Accounting, Financial Management or Statistics.
- Any applicable post-graduate qualifications will be advantageous.
Experience
- At least 5 years’ experience in the financial or long-term insurance industry
- Track record as Financial Manager within a Sales environment will be advantageous
- Computer skills – MS Office, SAP4H, A4O
Financial analysis and planning
Management of employees
Financial Risk Management
Financial Reporting
Financial Management and Control
Manages complexity - Contributing through others
Decision quality - Contributing through others
Financial acumen - Contributing through others
Plans and aligns - Contributing through others
- Communicating effectively
- Business Insight
- Balances Stakeholders
- Persuades
Cultivates innovation - Contributing through others
Customer focus - Contributing through others
Drives results - Contributing through others
Collaborates - Contributing through others
Being resilient - Contributing through others
Build a successful career with us
We’re all about building strong, lasting relationships with our employees. We know that you have hopes for your future – your career, your personal development and of achieving great things. We pride ourselves in helping our employees to realise their worth. Through its five business clusters – Sanlam Fintech, Sanlam Life and Savings, Sanlam Investment Group, Sanlam Allianz, Santam, as well as MiWay and the Group Office – the group provides many opportunities for growth and development.
The shortlisting process will only start once the application due date has been reached. The time taken to complete this process will depend on how far you progress and the availability of managers.
Closing date: 20 September 2024
Our commitment to transformation
The Sanlam Group is committed to achieving transformation and embraces diversity. This commitment is what drives us to achieve a diverse, inclusive and equitable workplace as we believe that these are key components to ensuring a thriving and sustainable business in South Africa. The Group's Employment Equity plan and targets will be considered as part of the selection process.
