What will you do?
Outputs/Core Tasks:

Sanlam Risk ’ Savings (SRS), which is one of the businesses within Sanlam Retail Affluent, offers risk and recurring saving solutions to various segments within the market.
Currently we have 2 vacant SRS Financial Manager positions available within the business, focussing on the Risk and Savings, and Closed Book products respectively.
The SRS Financial Manager is responsible for the management accounting function in the business, providing sound financial advice, ensuring that stringent and rigorous accounting processes and controls are in place, ensuring accurate reporting of financial results, ongoing operations are financially sound and operates within SRA governance framework.
Reporting to the SRS Senior Financial Manager, will support and be responsible for finance operations of the SRS business and assist in implementation of the business strategy in alignment with the company culture and ensuring that it is financially sound.

What will you do?

The key responsibilities of the role include the following:
Financial reporting including Balanced Scorecard, Treating Customers Fairly (TCF) and Risk 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 SRA 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 SRA 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 e.g. 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.

What will make you successful in this role?
Role Requirements:
Qualifications:

Chartered Accountant (CA).

Experience:

At least 3-5 years relevant insurance reporting experience.

Knowledge:

Sound Financial Services Industry, preferably Insurance Industry knowledge.
Knowledge of Sanlam’s financial reporting systems.
Understanding actuarial calculated profit, VNB and EV principles.
Understanding of reinsurance.

Competencies:

Communicates effectively
Decision quality
Analytical thinking
Cultivates innovation
Concern for accuracy
Plans and aligns
Customer focus
Collaborates
Drives results
Persuades
Independence
Being resilient
Computer skills (Excel advanced level)