Financial Manager: SLS: Risk

1 week ago


Cape Town, Western Cape, South Africa Sanlam Full time
About Sanlam

Sanlam is a leading financial services group in South Africa, providing a range of products and services to individuals, businesses, and institutions. Our mission is to help our clients achieve their financial goals and secure their financial futures.

Job Summary

We are seeking a highly skilled and experienced Financial Manager to join our Risk team at Sanlam Life and Savings. The successful candidate will be responsible for managing the financial aspects of our Risk business, including financial reporting, budgeting, and forecasting. This is an exciting opportunity for a talented individual to make a significant contribution to our business and help drive our growth and success.

Key Responsibilities
  • Financial reporting, including Balanced Scorecard, Treating Customers Fairly (TCF), and Risk Business Management
  • Budgeting and forecasting for New Business Volumes, Profit, Value of New Business (VNB), Return of Group Equity Value (ROGEV) and Expenses
  • Translating impact of financial decisions into business impact on Equity Value (EV), VNB, Profit and other measures
  • Expense tracking, management and reporting, including providing input into the cost allocation model, and maintaining the unit cost
  • Optimising and influencing of cost efficiencies
  • Supporting and development of accounting solutions and standards
  • Assisting with implementation of strategies and projects
  • Pro-actively engaging with SLS Finance colleagues and driving plans to ensure successful implementation
  • Ensuring effective controls and procedures are in place, and adhere to approval framework
  • Liaising with all internal and external stakeholders, including Actuarial, IT, Shared Services and auditors
  • Pro-active detection and management of risks
  • Identifying BI opportunities to drive informed and data driven decisions in the business
  • Providing regular feedback on critical issues
Requirements
  • Chartered Accountant (CA)
  • At least 3-5 years relevant insurance reporting experience
  • Sound Financial Services Industry, preferably Insurance Industry knowledge
  • Knowledge of Sanlam's financial reporting systems
  • Understanding actuarial calculated profit, value of new business (VNB) and equity value (EV) principles
What We Offer

We offer a competitive salary and benefits package, as well as opportunities for career growth and development. If you are a motivated and experienced Financial Manager looking for a new challenge, please apply now.



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