Description : Provincial Executive - North West. Company : Sanlam. Location : Houghton Estate, Gauteng

Who are we?
Sanlam Developing Markets [SDM] (a wholly-owned subsidiary of Sanlam Life Limited) is one of the top financial services providers in the South African entry-level and emerging middle market. It aims to understand the unique requirements of clients and offers a wide range of simple and affordable financial solutions that cover needs such as funeral insurance, savings for education, life cover and personal accident plans. In terms of the Sanlam Group Governance Policy, SDM is managed by the SA Retail Mass cluster, which is part of the Sanlam Life and Savings cluster within the Sanlam Group. The cluster focusses on retail products, as well as group schemes.

Sanlam Values
The ability to demonstrate, understanding and apply our Sanlam values is embedded in all roles. Applicants must exhibit their commitment to the values as part of the application process.
Lead with courage
Serve with pride
Care because we respect each other
Act with integrity & accountability
Grow value through innovation & superior performance

What will you do? Contribute to the creation of the annual provincial distribution strategy Create, execute and be accountable for the geographical Agency Distribution vision and strategy/plan of Individual Life Distribution annually Demonstrate inspirational leadership for Area Managers Drive business innovation through partnerships with identified partners (Santam/MiWay, Sanlam Fiduciary, Glacier Investments, and Sanlam Health & Sanlam Employee Benefits) Implement the Provincial strategic plan of the Senior Implementation and Relationship Executive Represent the ambassadorial ‘face of the province’ in terms of events, recognition Ensure collaboration and synergy between all channels across segments in the province to drive sales and market share growth Accountable for achievement of profitability (VNB and expense management) for the province Ensure adherence to compliance and risk management for the province Ensure operational excellence within the province
Develop talent and drive transformation

Undertake strategic leadership
Form part of the Agency Mancom that takes collective accountability for the decision making and leadership of the Agency Distribution Analyse market changes, competitors, risks, opportunities and threats and create contingency plans for these in order to protect and grow market share Be overall accountable for the profitability and success of the province with respect to strategic attainment of business plans, decision making, operations, sales, compliance and customer service Understand the overarching SKY Individual Life strategy and vision in order to co-create (with the Area Managers and provincial team) an aligned national distribution strategy that incorporates all 5 channels across the different segments Lead a culture of high performance within the province through present and courageous leadership and ensuring that the region;

is structured and set up correctly in order to function effectively
is adequately resourced to meet goals/targets
is trained, developed and up-skilled
is clear on their business goals and share a common sense of purpose
is motivated, encouraged and supported in their jobs
is disciplined, performance managed and rewarded appropriately

Strategically drive the execution of the provincial sales strategy through sales management
In conjunction with the Area Managers, communicate the channel distribution strategy at a provincial level and work with the Provincial Team to formulate the provincial business plan including; sales targets expense budgets manpower growth tactics, projects and marketing plans for penetration and growth
create provincial value propositions and strategies
broaden existing intermediary base and market share By working closely with the Area Managers to ensure that there is a sound understanding of how the different channels need to work collaboratively to achieve the strategy and that processes and communication within the province and between teams support this Ensure Area Managers generate tactically aligned plans within the sales teams to effectively penetrate new and existing markets within the region Get regular feedback and updates from the Area Managers and provincial teams on sales performance against target. Report these back to Agency Mancom

Undertake the regional ambassador role
Be the face of the province (Cross Channel), an ambassador for clients, stakeholders and intermediaries in the province (relationship building, events, recognition conferences, networking, opening doors, influencing etc.) Positioning of Sanlam as a brand and business on provincial level in the market with key public and private market stakeholders Engage with industry bodies (i.e. business and community forums) Develop and maintain provincial business partnerships within the financial services community (including competitor liaison when required) Identify and engage high impact intermediary opportunities Host events and functions that drive recognition Forge close relationships and influence with Product Houses and key HO functions on behalf of the province in order to partner with the province for support and collaboration

Be accountable for the provincial expense budgets and profitability

The Provincial Executive has strategic accountability and oversight of the items below, however not direct operational responsibility.

Budgets and expense management:
Work closely with Channel Finance Manager to; Ensure that clear and robust expense budgets are created and managed, and that expense management processes are undertaken Be overall accountable for the achievement of the provincial budget Constantly look for cost saving initiatives and create a cost awareness culture within the province

Profitability: Understand and implement practices to ensure viability and profitability of the province Have accountable oversight of; VNB Product mix. Create and direct opportunities to increase new business streams Cost to Income ratio .

Be accountable for risk management and compliance within the province (including Key Individual) Work closely with Area Managers and Compliance Officer to ensure accountability for; Demonstrate the knowledge and understanding of all relevant regulatory and legislative laws/rules/ frameworks applicable to doing business compliantly Be able to adapt quickly to changes to remain competitive and compliant Drive ongoing awareness and education of compliance within the province Knowledge, accountability and ability to be accredited for and undertake the 16 duties of a Key Individual (KI) requirements for the province Identify areas of risk within the province and ensure there are appropriate management processes, monitoring, reporting and corrective actions in place to minimise or eliminate these

Drive change and business innovation within the province Drive and support the SKY Individual Life and Agency Distribution strategy Act as sponsor for all major internal change initiatives (i.e. restructuring) within the province communication/visibility, change management and support activities Identify areas within the provincial operation that need to be made more effective, cost efficient or client centred; and create actions and projects to improve these through innovation Create a culture of innovation within the province Encourage and reward staff for business innovation ideas that save costs, increase value add or make processes more effective

Build and develop relationships, networks and new markets Work closely with the Senior Implementation and Relationship Executive, Key Accounts Specialists, GMD and other Individual Life Distribution partners and different distribution support resources to identify high impact clients, associations and worksites/ companies (public and private sector) to approach and build relationships with

People Management

Recruitment and Selection: Ensure that high potential talent is sourced and selected into the province to support the vision and talent succession needs

Diversity and transformation: Embrace transformation in the province. Promote and communicate transformation as a key strategy within the region and support initiatives to achieve DTI and EE targets Align HR practices and decisions within the province, with respect to recruitment and promotion of staff, to support transformation targets

Train, coach and mentor staff Ensure all direct reports have development plans, discussions and are suitably trained for their positions Ensure there is ongoing and robust vesting and development of Advisors within the province (through SM’s) Ensure that direct reports are coached, developed and motivated to become productive and vested as soon as possible Act as mentor to key staff within the province Performance contracting and management Undertake effective performance contracting with all direct reports (Scorecards) Undertake performance management and performance discussions with all direct reports Ensure updated job profiles, competency models and KPA documents for all staff Update and manage annual and sick leave Achieve EE appointment/promotion ratios Undertake staff career development and talent retention strategies

Qualification & experience Grade 12 Business, Legal or Commercial Degree/MBA CFP an advantage Key Individual (KI) It is expected that the successful candidate meet the requirements of Class of Business (COB) at the date of appointment

Knowledge and skills Sound Financial Services experience at a senior level within the corporate environment At least 2 years Sales and Distribution exposure At least 5 years management and leadership experience

Personal qualities
Strategic thinking abilities
Leadership abilities (vision, courage, values, ethics, connecting with people)
High energy levels and action orientation with tenacity
Sound political acumen
Able to operate, challenge and influence at a strategic/executive level
Socially confident and skilled to communicate well
Able to inspire and motivate others into action
Results orientation (sales/target focussed)
Influencing abilities
Networking and natural relationship builder
Stress tolerance and ability to work with ambiguity

Our aim is to help you 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 of achieving great things. We pride ourselves in helping our employees to realise their worth. Through its business clusters – Sanlam Personal Finance, Sanlam Emerging Markets, Sanlam Investments, Sanlam Corporate Santam, Miway, as well as the Group Office – the group provides many opportunities for growth and development.

Turnaround times
The shortlisting process will only start once the application due date has been reached. The time taken to complete this process will depend on how far you progress and the availability of managers.

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.