Latest Recruitment at Santam Insurance

What will you do?

• Santam Client Solutions is focused on growing and developing Santam’s value proposition for clients who prefer to do business directly with the company through digital, telephony or face-to-face channels. 
• The role of the Executive Head: Franchises – Client Solutions is responsible for managing the Franchise face-to-face portfolio of businesses across personal and commercial lines.

Key Responsibilities include (but not limited to):

The Executive Head: Franchises is a member of the Santam Client Solutions Executive Committee and reports to the CEO, Client Solutions. The purpose of the role is to manage and grow the portfolio of existing franchises and expand the portfolio through targeted acquisition of new franchises

Lead the operational execution of the franchise face-to-face strategy which includes but are not limited to delivering the growth and profitability objectives of the franchise businesses by developing, implementing, maintaining, and managing the overall franchise value proposition.

• Strategy and Leadership, develop, manage, and implement the overall operational plan for the franchise model that is aligned to the broader divisional and company strategy
• Operationalise and oversee the day-to-day management of the franchise portfolio
• Collaborate with internal and external stakeholders to deliver a dedicated franchise sales and servicing operating model through optimised efficiencies, client experience, compliance and risk management, innovation, process improvements, technology enablement, human capital and data utilisation
• Develop and achieve the franchise performance targets and people management strategies
• Manage the divisional budgets and administration
• Develop and Manage the Governance, Monitoring and Reporting policies of the franchise model
• Franchise practice management including strategic and operational support to franchise principals and executive and board level engagements

Qualifications

• FAIS Compliant including RE 1 
• A minimum of 10 years’ experience in the insurance industry of which 3 to 5 years ideally include intermediary portfolio management at management level
• Preferably a post matric qualification and a IISA professional insurance designation 

Skills and Experience

• Strong intermediary practice management and portfolio management experience
• Strong sales and profit productivity management and performance experience
• Strong ability in influencing and managing strong entrepreneurially minded and experienced business principals
• Ability to improve productivity and reduce costs by maximizing operational capabilities.
• Must be a good communicator and motivator with outstanding interpersonal skills
• Must have a thorough understanding of portfolio information management including ratios and key indicators and analysis and taking corrective actions
• Must be a strategic thinker as well as analytical and able to comprehend / react to the key statistical drivers / metrics of the business unit
• Must be self-motivated and target driven
• Success in working with cross-functional groups both internal and external to the organization
• Good negotiation skills
• Building networks and good relationships
• Producing creative solutions
• Adapting to change

Competencies

• Creates a compelling vision for the future
• Independently minded and able to drive people performance
• Solves for simplicity
• Connects people and possibilities
• Cultivates innovation
• Digitally Savvy

go to method of application »

General Ledger Officer

• Santam is seeking a General Ledger Officer to perform a variety of routine and non-routine accounting functions with significant focus on general ledger accounting. 
• This exciting opportunity is available within Corporate Services, Financial Management based at our head office in Tyger Valley.

JOB DESCRIPTION

• This position is responsible for supporting key activities such as month-end, fixed assets processing, account reconciliations and audits. The successful incumbent will participate in continuous improvement initiatives within the general ledger process area and proactively seek opportunities to improve service delivery to business stakeholders. 

The purpose of the role is to ensure the integrity of the general ledger with the aim of enabling the provisioning of accurate and up-to-date financial reporting.
 
PRINCIPLE ACCOUNTABILITIES INCLUDE:
INTERFACES & JOURNALS (Month-end)

Implement and enforce procedures to ensure that:

• All data from source systems is correctly imported into JDE
• All data from JDE is processed correctly
• All the relevant information from external sources are received and correctly processed into JDE
• All Fixed Asset transactions are correctly processed in JDE
• All Investment transactions are correctly processed in JDE
• Month-end deadlines are met
   

VALIDATION OF GENERAL LEDGER INFORMATION

• Review all allocated General Ledger reconciliations to ensure correctness.  Verify that all reconciling items are cleared timeously.
• Review and authorise General Ledger Journals prepared by other teams.
• Generate a final Trial Balance per company for use by the Reporting Department.
   

EXPENSE ALLOCATIONS

• Understand process and rationale for expense allocations
• Review and authorise outcome of allocation process
• Explain outcome to stakeholders
• Assist with implementing changes to VAT and SASRIA legislature in the Santam systems

FIXED ASSETS

• Implement and enforce controls to ensure that all relevant fixed asset documentation is received and correctly processed in JDE
• The Fixed Asset Register must be a true reflection of all fixed assets in Santam
• Review and authorise all Fixed Asset reconciliations
• Preparing of Reporting Schedules
• Frequently review the effectiveness of the Fixed Assets system and implement improvements where needed.
   

REALiSED/UNREALISED FOREX

• Prepare and process journals relating to realised and unrealised foreign currency transactions.
• Summarise, reconcile and review foreign currency transactions.

QUALIFICATIONS AND EXPERIENCE

• Matric.
• Tertiary qualification e.g. B Com Accounting or equivalent. 
• Minimum 5 years’ of working experience in a financial environment is required.
   

KNOWLEDGE

• JDE knowledge is advantageous or any other large general ledger system such as SAP or Oracle. 
• Short-term insurance knowledge would be advantageous.
• Awareness of IFRS 17 would be advantageous.
   

SKILLS

• Analytical ability and logical reasoning.
• Strong client service orientation.
• Ability to work under pressure.
• Deadline driven.
• MS Office: Strong Excel skills, general Word, PowerPoint and Outlook skills.

COMPETENCIES

• Attention to detail and high level of accuracy.
• Analytical thinker and problem solver.
• Proactive, responsive and deadline driven.
• Excellent communication skills both verbal and written, in English.