Job Vacancies at Sanlam

Objective of the role

• Contributes to the managing and administration of Sanlam Investment Group (SIG) accounting systems, policies and procedures. Supports the Financial Managers through the collection, processing, recording, reconciliation and reporting of financial data, verifying the validity, completeness and accuracy of source documentation. Maintains complete and proper records of revenue, expenditure, assets and liabilities, and ensures the accuracy and integrity of financial information. 

What will you do?

•     Reconciliation, analysis and monitoring of the general ledgers 
•     Assist with audits and peer reviews of audit files 
•     Responsible for bank reconciliations
•     Gathering of internal audit documents and actuary information 
•     Ensure timely, accurate and valid payments of creditors and expenses in line with supporting documentation
•     Ensuring completeness of GL accounting on JDE to final trial balance stage.
•     Review & approval of journal entries (and preparing where necessary, especially at month end)
•     Review & approval of monthly Bank, Debtor, Creditor & Fixed asset recons from GL to supporting documentation
•     Review of invoicing to customers
•     Review & approval of invoices and supplier expense payments
•     Review & approval of statutory returns & submissions i.e. financial soundness/capital adequacy calculations
•     Preparation of audit file and assisting with audit queries (interim/final YE)
•     Assisting with supporting schedules for AFS
•     Preparation of Monthly management reports reconciled to JDE Trial Balance (Income statement & Balance sheet)
•     Review the validity, accuracy and completeness of monthly income & expenditure  
•     Document explanations for monthly deviations from actuals to Budget & update forecasts.
•     Responsible for reviewing control accounts 
•     Assisting with regulatory reporting (where applicable)
•     Ad hoc financial duties

What will make you successful in this role?

•     B Comm Accounting Degree from an accredited University 
•     2-5 years’ experience in a similar role, preferably with articles or audit experience
•     Financial Services industry experience preferable 
•     Unit Trust experience (advantageous)
•     Operations experience in ‘mid office’ role (advantageous)

Qualification and Experience

• Degree or Diploma with 4 to 5 years related experience.

Knowledge and Skills

• Financial Analysis
• Financial Information Processing
• Financial Queries and Recommendations
• Financial Reporting
• People Management

Personal Attributes

• Decision quality - Contributing independently
• Financial acumen - Contributing independently
• Optimises work processes - Contributing independently
• Plans and aligns - Contributing independently

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 four business clusters – Sanlam Life and Savings, Sanlam Investment Group, Sanlam Emerging Markets, Santam, as well as MiWay and the Group Office – the group provides many opportunities for growth and development.

Core Competencies

• Being resilient - Contributing independently
• Collaborates - Contributing independently
• Cultivates innovation - Contributing independently
• Customer focus - Contributing independently
• Drives results - Contributing independently

Turnaround time

• 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. 

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 ensure 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.

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About the job
Who Are We

?

• Sanlam is dedicated to supporting, growing and empowering clients with affordable, easy and suitable solutions, primarily through face-to-face intermediary channels, but also directly. This role is within the financial planning business of Sanlam, which comprises a large force of both tied and independent intermediaries as we as the staff who support them. We are dedicated to meeting the financial needs of our clients. Our vision: We aspire to be the best at building enduring relationships by connecting clients with Sanlam through intermediaries and directly. We create sustainable value by attracting new clients, supporting ongoing client engagement and providing adaptive solutions designed to answer life’s financial questions. Ultimately we grow and protect wealth.

What will you do?

The financial service industry is the place to be for an ambitious professional!

Third party marketing brings big opportunities, big rewards

• SanlamConnect Gauteng South region is the distinctive hub of our business, central to driving investor flows and keeping our brand and national footprint as strong as it is. We are a dynamic, innovative and high performance distribution channel, committed to the value of independent intermediated advice and to long-term relationships between Brokers and their clients.
• As an integral part of SanlamConnect Gauteng South region, your primary focus will be to work with brokers being the interface between themselves and SanlamConnect Gauteng South region to reach business objectives in a dynamic, innovative and high performance business.

Your Success Will Come From

Output/Core Tasks:

• Promoting and marketing the company products
• Building strong relationships with brokers
• Providing efficient service
• Meeting and exceeding your targets
• Supporting brokers in their practices and assist them to grow their businesses.

What is in it for you?

• Unique remuneration structure that will see you well rewarded for your success
• Get to manage your own income
• Work with visionaries in the industry who value entrepreneurship and creativity
• Represent one of the top well-respected South African companies
• Be invested in and grow your talents

What will make you successful in this role?

Qualification And Experience

• Completed Business/Commerce/Marketing degree will be preferred

Preferably Post Graduate Diploma in Financial Planning/RFP3/Wealth/Management 3

• At least 1 year in the financial industry
• Experience as a Broker Consultant in the Free State region will be preferred
• Goal and target motivated
• Sales and marketing orientation
• Natural relationship-builder

Knowledge And Skills

• To be successful you will need to demonstrate good experience in:
• The financial services industry, specifically in life insurance
• Marketing principles and sales skills in order to meet your targets
• Experience in third-party marketing
• Relevant regulatory legislation and compliance knowledge
• Personal Qualities
• Cultivates innovation
• Client centricity
• Results-driven
• Collaboration
• Flexibility and adaptability
• Technical and professional Knowledge
• Entrepreneurship
• Decision-making
• Continuous learning
• Gaining commitment
• Work standards
• Adaptability
• Tenacity
• Initiative
• Communicate effectively in English and Afrikaans
• Impact
• Treating customers fairly (TCF)

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 four business clusters – Sanlam Life and Savings, Sanlam Investment Group, Sanlam Emerging Markets, Santam, as well as MiWay and the Group Office – the group provides many opportunities for growth and development.

Turnaround time

• Applications for this position close on 18 June 2021. 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.

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.

go to method of application »

Who are we?

• Sanlam Developing Markets (SDM) (a wholly-owned subsidiary of Sanlam Life Limited) is one of the top financial services providers in the South African entry-level and emerging middle market. It aims to understand the unique requirements of clients and offers a wide range of simple and affordable financial solutions that cover needs such as funeral insurance, savings for education, life cover and personal accident plans. In terms of the Sanlam Group Governance Policy, SDM is managed by the SA Retail Mass cluster, which is part of the Sanlam Life and Savings cluster within the Sanlam Group. There are four businesses within the SA Retail Mass cluster, namely; Group Benefits, Individual Life, Safrican Insurance and African Rainbow Life.

What will you do?

• Assist the Actuarial Manager and Risk & Underwriting Executive on all product development, pricing and actuarial reporting functions. This role will entail mainly a pricing focus, with some exposure to reporting and product development. 
• Manage monthly, quarterly, semi-annual and annual reporting for both internal and external stakeholders. These will include profitability reports, reserving functions, valuations, scheme and membership stats of the Group Benefits. 
• Provide technical assistance to the Group Benefits distribution and administration functions.
• Designing new products and solutions and support product development initiatives including the design and pricing of insurance products and maintenance of existing products.
• Pricing of new group schemes and reviewing of existing group schemes based on claims experience.
• Compilation of product specifications and benefit design, premium rating, profit testing, product technical specifications and in some cases participate in the finalisation of documentation per product offering. 
• Monthly reporting on profitability, scheme renewals and quotations, highlighting any risks. 
• Calculation of monthly reserves
• Design, amend and implement tools and pricing models to support the pricing functions within the business.
• Ensure all products and schemes are TCF compliant.
• Adhoc investigations

What will make you successful in this role?
Qualification & experience 

• Actuarial Degree
• Actuarial student, with a minimum of 6 actuarial exams.
• Minimum of 2 years’ experience at a Life Insurance company.
• Previous pricing experience will be advantageous

Knowledge and skills

• Proficiency in Microsoft Office 

Personal qualities 

• Adhere to the Sanlam values 
• Good people skills
• Accountability
• Accuracy and attention to detail
• Prioritisation skills and ability to commit to deadlines
• Good planning and organising skills
• Analysis / Problem-solving skills
• Sound judgement and ability to make decisions on incomplete information.
• Good written and verbal communication skills
• Ability to manage the expectations of internal and external parties
• Ability to work independently and within a team

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 four business clusters – Sanlam Life and Savings, Sanlam Investment Group, Sanlam Emerging Markets, Santam, as well as MiWay and the Group Office – the group provides many opportunities for growth and development.

Core Competencies

• Cultivates innovation - Contributing independently
• Customer focus - Contributing independently
• Drives results - Contributing independently
• Collaborates - Contributing independently
• Being resilient - Contributing independently

Turnaround time

• 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. 

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.