Head: Group Rewards

1 month ago

Cape Town, South Africa Sanlam Full time

**Who are we?**
- Sanlam was established as a life insurance company in South Africa but has since transformed into a diversified financial services group that operates across the African continent, India, Malaysia, and selected developed markets, with listings on Johannesburg, A2X, and Namibian stock exchanges. In 2018 the Group celebrated its centenary as well as 20 years since demutualisation and listing in South Africa and Namibia. Sanlam is one of the largest internationally active insurance groups in the world with a presence in 43 countries and has the biggest non-banking financial services footprint on the African continentSanlam was established as a life insurance company in South Africa but has since transformed into a diversified financial services group that operates across the African continent, India, Malaysia, and selected developed markets, with listings on Johannesburg, A2X, and Namibian stock exchanges. In 2018 the Group celebrated its centenary as well as 20 years since demutualisation and listing in South Africa and Namibia. Sanlam is one of the largest internationally active insurance groups in the world with a presence in 43 countries and has the biggest non-banking financial services footprint on the African continent.**What will you do?**
- The Head of Group Reward reports to the Group Executive: Human Capital, playing a pivotal role in shaping and executing innovative and competitive reward strategies. This position ensures alignment with the Sanlam Group’s strategic objectives, fostering a performance-driven culture. A key component of this role is the management of executive incentive plans, and active engagement with the Human Resources Remuneration Committee (“HRRC”), which is a board sub-committee. The incumbent will operate across the Group, influencing business human capital leaders, business Executive Committees (“Excos”), and the HRRC, while serving as a key advisor on all matters related to reward, benefits, recognition and employee well-being.**Key responsibilities**
- Strategic Reward Leadership- HRRC Engagement- Executive Share Management- Employee Wellness- Remuneration and Benefits Management- Thought Leadership and Collaboration-
**Experience and skills**
- At least 12 years of experience in a corporate environment, with minimum 10years experience in reward.
- Experience preparing and presenting to Exco and HRRC / Remuneration Committees, with a strong understanding of governance, compliance, and shareholder expectations.
- Experience in designing and managing executive incentives and equity-based remuneration plans.
- Experience in designing (with benefit consultants) retirement and risk benefits as well as medical aid and insurance benefits.
- Demonstrated success in integrating wellness into human capital strategies.
- Strong financial modelling, analytics, and commercial acumen.
- Proficient in advising and presenting to Exco, board committees and senior executives.
- Advanced skills in MS Excel and PowerPoint.

**Qualifications**
- **Academic Background**: A bachelor’s degree, with a relevant post-graduate qualification.
- Commercial qualifications will be an advantage.

**Key attributes**
- Strategic and visionary thinker with a pragmatic approach to execution.
- Influential communicator capable of driving meaningful discussions at all levels.
- Collaborative leader with the ability to build cross-functional solutions.
- Deep commitment to ethics, integrity, and excellence.

**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 for achieving great things. We pride ourselves on helping our employees to realise their worth. Through its business clusters -Sanlam Retail Affluent and Retail Mass, Sanlam Corporate, Sanlam Emerging Markets, Sanlam Investments, Santam, MiWay, as well as the Group Office - the group provides many opportunities for growth and development.- The Sanlam Group is committed to transformation and embracing diversity, and our employment equity plan and targets will be considered as part of the recruitment process. 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._

**Closing date**
- 10 December 2024

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