Senior Financial Manager: Actuarial Finance: SLS: Finance: JG: 13: Bellville

Who are we?

The Sanlam Life and Saving clusters provide clients with a comprehensive range of appropriate and competitive financial solutions. These include traditional life insurance risk and savings products, investment, retirement, health and fiduciary services. Designed to facilitate long-term wealth creation, protection and niche financing, these solutions are engineered around client needs.

Within the SLS Finance team, we believe in creating and cultivating a positive, energised working environment that gives you every opportunity to achieve success. Sanlam is committed to transformation and embracing diversity. This commitment is what drives us to achieve a diverse workplace with employment equity as a key goal to create an inclusive workforce, representative of the demographics of our society as well as people with disabilities.

What will you do?

The primary focus of the Senior Financial Manager: Actuarial Finance is to engage and facilitate integration between the Actuarial and Finance reporting environments. The role is instrumental in reporting financial results that enables business in effective and efficient decision making.

Outputs / Core Tasks:

• Stakeholder management between SLS Actuarial and Finance Reporting teams.
• Monitor and oversee the effective integration between Finance Reporting solutions.
• Timeous monthly and quarterly reporting of profits and capital.
• Profit analysis and an understanding of results from the Actuarial reporting team which feeds into the Sanlam financials.
• Oversee the integration of financial results from Actuarial reporting solutions to the Group consolidation tool.
• Managing and developing the team responsible for financial reporting from Actuarial reporting solutions to the Group consolidation tool and financials.
• Responsible for ensuring Actuarial results (for current and future developments) meets financial reporting requirements.
• Oversee reporting and analytics on balance sheet and cash flow management (internal finance/shareholder fund analysis).
• Internal Finance with regards to managing impact on profit and balance sheet forecasting which will need to be monitored monthly.
• Engagement with auditors (internal and external).
• Ensuring that the current control environment meets financial reporting requirements.

What will make you successful in this role?

Role Requirements:

Qualifications:

• Chartered Accountant CA(SA)

Experience:

• 4 years’ post articles experience in a Financial Reporting environment at a Long-term Insurer.
• IFRS 17 experience (in a Long-term insurance environment).
• Oracle Hyperion Financial Management (HFM) experience will be an advantage.
• SAP exposure will be an advantage
• Management experience preferable
• Advanced Excel skills

Knowledge:

• Strong technical accounting knowledge
• Sound Insurance Industry knowledge
• Good knowledge of Sanlam processes and products would be an advantage

Personal Attributes

Competencies:

• Communicates effectively
• Action orientated
• Situational adaptability
• Builds effective teams
• Plans and aligns
• Optimizes work processes
• Decision quality
• Persuades

Core Competencies

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.

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.

Closing date: 7 August 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.