Stay safe online. Now more than ever it’s important to be cybersafe. See Santam’s tips to help you stay safe online. Learn more. Santam is the market leader in the general insurance industry in Southern Africa. We are a large, diversified, expanding and transforming company and whilst based in South Africa, we are rapidly moving into a number of emerging markets, both in Africa and Asia. Our success is rooted in our passion for our clients and everything we do is centred on our delivery of Insurance Good and Proper. What will you do? This role will be in the Santam Re & International business unit, based in Cape Town. Key Responsibilities: Business Partnering Act as a trusted partner to the senior leadership team and as the interface between financial operations, reporting and the business. Develop strong relationships with the underwriting, pricing and actuarial teams to ensure the accurate reporting of business performance per geography. Gather and report on insights from the financials to drive improved strategic decision-making and greater understanding of performance by class of business per geography. Work with the business to develop and implement an activity-based cost allocation model to ensure each geography carries its proportional share of the cost base. These costs include both direct costs and shared costs which are allocated from Group companies. Identify and action opportunities for process and cost optimisation across the business (not limited to the finance function). Ownership of the budgeting and forecasting process. Proactive monitoring of the processing done by the financial operations team to ensure smooth daily operations and a single source of truth between the underwriting, accounting and actuarial teams. Joint ownership of the process of aligning information on source systems between finance and underwriting. Automation and Process Optimisation Actively seek out opportunities to automate functions within the finance team to reduce the manual effort involved in day-to-day reporting. Work closely with the IT system development team to optimise IT routines and automated financial entries to ensure accurate financial reporting. Develop and maintain up-to-date real-time financial dashboards per class of business, per geography to enable quicker decision-making. Financial Planning & Analysis Collaborate with the financial operations, financial reporting and management team through the monthly reporting cycle. Assist with month-end reporting as required. Perform variance analysis, with actionable insights and recommendations to the management team. Monitor the KPIs for each class of business, per geography to ensure that any early-warning indicators are flagged and reported as soon as possible. Governance, Compliance and Controls Establish a sound system of financial controls over all processes within functional area. Ensure that standard operating procedures are documented for all core functions within the finance team, including the preparation of a risk and control matrix. Collaborate with internal and external assurance providers through the respective reporting cycles. Team Development Mentor and develop staff across the business to ensure we inculcate a culture of excellence, process optimisation and collaboration across all teams. Provide financial and accounting training to staff in need, as well as to the broader business to ensure that performance is well understood. Actively support own staff, and the broader finance team, to adopt automation through technology and act as the change champion. What will make you successful in this role? You have a completed CA(SA) qualification You have a minimum of 5 years of post-qualification experience, in progressively senior roles. You have strong analytical and problem-solving skills, with the vision to see solutions beyond current system capabilities. You are technically strong in IFRS and can explain complex concepts at all levels – from senior management to new career entrants. You understand how to design, implement and monitor a financial control environment. You have excellent communication and presentation skills and enjoy working cross-functionally building relationships across an organisation. You can adapt, and thrive, in a fast-paced and evolving environment where you will need to roll up your sleeves. You are adept at leading and mentoring diverse, high-performing teams and proactively supporting team members who need guidance to perform at the required level. You have a proven track record of delivering meaningful, impactful work throughout your career. Our commitment to transformation Santam is committed to diversity, inclusion, and belonging. As an equal opportunity employer, we encourage applications from candidates of all backgrounds, including persons with disabilities. We are dedicated to neuro-inclusivity and fostering a workplace where everyone can thrive. Take the next step in your career—apply now and be part of a company that’s shaping the future of insurance. This is Freedom! 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. Our recruitment process Onboarding You made it. Here we ensure we receive all your documents to get you onto our payroll system. Our recruitment process Advertise Step 1 Our vacancies are advertised between 3-5 days depending on the market availability of the skills required. Our recruitment process Step 2 Could take a couple of days depending on the volume and the screening process, which various according to the complexity of the role. Our recruitment process Step 3 Long listed candidates are sent to the hiring manager to review and consider for the next stage of the selection process. Our recruitment process Telephonic screening Step 4 Candidates may be contacted for a short screening interview to get to know them better and to ask any clarity seeking questions. Our recruitment process Your interview Step 5 We use a competency interview model. Interview dates will be confirmed via e-mail. During the interview you will be introduced to the panel and the process will be explained. Remain calm and sell yourself. This is our opportunity to match your skills to the job. You only get one shot! Our recruitment process Assessment Step 6 Should we like what you bring to the table, depending on the job you are being considered for, you may be invited to complete a psychometric assessment. Further employment checks are conducted the ensure the validity of your credentials. Our recruitment process Step 7 Prior to an offer being made, there may be a second interview to meet with the Head of Department.Should there be a need for any further interviews, be sure to bring the same charm that got you through your first interview. Our recruitment process Onboarding Step 8 You made it. Here we ensure we receive all your documents to get you onto our payroll system. Advertise Step 1 Our vacancies are advertised between 3-5 days depending on the market availability of the skills required. Our recruitment process Step 2 Could take a couple of days depending on the volume and the screening process, which various according to the complexity of the role. Our recruitment process Step 3 Long listed candidates are sent to the hiring manager to review and consider for the next stage of the selection process. Our recruitment process Telephonic screening Step 4 Candidates may be contacted for a short screening interview to get to know them better and to ask any clarity seeking questions. Our recruitment process Your interview Step 5 We use a competency interview model. Interview dates will be confirmed via e-mail. During the interview you will be introduced to the panel and the process will be explained. Remain calm and sell yourself. This is our opportunity to match your skills to the job. You only get one shot! Our recruitment process Assessment Step 6 Should we like what you bring to the table, depending on the job you are being considered for, you may be invited to complete a psychometric assessment. Further employment checks are conducted the ensure the validity of your credentials. Our recruitment process Step 7 Prior to an offer being made, there may be a second interview to meet with the Head of Department.Should there be a need for any further interviews, be sure to bring the same charm that got you through your first interview. Our recruitment process Onboarding Step 8 You made it. Here we ensure we receive all your documents to get you onto our payroll system. TIPS & TRICKS Getting ready for your interview There is not just one way to be successful at Santam, nor is there one way to interview with us. Interviewing is a two-way process - it helps us learn about you, and it helps you learn about us, our people, and what you could do here. Santam has been officially recognised by the Top Employers Institute as a Top Employer 2025 for excellence in people practices. This is the ninth consecutive year that we have achieved this accolade. #J-18808-Ljbffr
Senior Financial Manager
SANTAM INSURANCE
bellville, bellville
Published 14 days ago
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