Sanlam Learnership

Sanlam: Area Manager Vacancy

Sanlam: Area Manager Vacancy

Sanlam Area Manager

Sanlam: Area Manager

Job Title: Area Manager

Location: Kwazulu Natal North, South Africa


About Sanlam:

  • Sanlam is one of the leading financial services providers in the South African entry-level market.
  • We’re in the business of planning for tomorrow. The never-ending pursuit of meticulously crafting our clients’ futures.
  • We do this by truly appreciating the value of money and turning the materials we’re given into something more.
  • It’s our trade and it is something we are passionate about. It’s what makes us Wealthsmiths™.
  • As Wealthsmiths™ we believe in creating and cultivating a positive, energised working environment that gives you every opportunity to achieve success.
  • Sanlam is committed to transformation and embracing diversity. This commitment is what drives us to achieve a diverse workplace with employment equity as a key goal to create an inclusive workforce, representative of the demographics of our society as well as people with disabilities.

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

Area Manager Job Purpose:

  • Contribute to the creation of the provincial distribution strategy
  • Create, implement and be accountable for the geographical Agency distribution’s vision and strategy/plan of IL Distribution
  • Demonstrate inspirational leadership for Branch & Sales 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 Area’ in terms of events and recognition
  • Ensure collaboration and synergy between all channels across segments in the province to drive sales and market share growth
  • Accountable for achievement of  the Area profitability (VNB and expense management) for the province
  • Ensure adherence to compliance and risk management for the province
  • Ensuring operational excellence within the province
  • Develop talent and drive transformation

Undertake Strategic Leadership:

  • Form part of the Provincial Mancom that takes collective accountability for the decision making and leadership of the Area
  • 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 IL Distribution strategy and vision in order to co-create (with the Branch Managers and Area Manco) and 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
    • adequately resourced to meet goals/targets
    • trained, developed and up-skilled
    • clear on their business goals and share a common sense of purpose
    • motivated encouraged and supported in their jobs
    • disciplined, performance managed and rewarded appropriately

Strategically drive the execution of the provincial sales strategy through sales management:

  • In conjunction with the Branch Managers, communicate the channel and provincial distribution strategy at the Area level and work with the Area Manco 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
  • In conjunction and to support the strategic plans of the Senior Implementation and Relationship Executive
  • By working closely with the Branch 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 Branch Managers generate tactically aligned plans within the sales teams to effectively penetrate new and existing markets within the Area
  • Get regular feedback and updates from the Branch Managers and Area Manco on sales performance against target. Report these back to the Provincial Executive

Undertake the area ambassador role:

  • Be the face of the Area (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 area expense budgets and profitability

The Area Manager has strategic and operational accountability and oversight of the items below:


Budgets and expense management:

Work closely with the Provincial Executive 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 area budget
  • Constantly look for cost-saving initiatives and create a cost awareness culture within the Area
  • Understand and implement practices to ensure viability and profitability of the area
  • 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 area (including Key Individual)

Work closely with Branch 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 area
  • Identify areas of risk within the area 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 IL and Agency Distribution strategy
  • Act as a 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-centered; 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 IL 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
  • Partner with the Provincial Executive  to attend and host selected client engagement opportunities (i.e. golf days, wine tasting, etc.,) in order to market Sanlam
  • Personally undertake to engage with and contact/network with such ‘high value’ clients/companies in support of marketing initiatives
  • Look for opportunities to penetrate less utilized market segments within the region. Formulate creative value propositions and strategies to gain access to, and contract clients/leads working in these markets
  • Network, build partnerships and contract internally with different Product Providers, SPF Distribution and other key stakeholders to enable the execution and support of the regional strategy

People Management

Recruitment and Selection:
  • Ensure that high potential talent is sourced and selected into the area to support the vision and talent succession needs
Diversity and transformation:
  • Embrace transformation in the area. Promote and communicate transformation as a key strategy within the area and support initiatives to achieve DTI targets and EE Targets
  • Align HR practices and decisions within the area, with respect to recruitment and promotion of staff, to support transformation targets
  • Recruit, groom and develop Advisors and Management into the business for future succession planning
Train, coach, and mentor staff:
  • Ensure all direct reports have development plans, discussions and are suitably trained for their positions
  • Ensuring there is ongoing and robust vesting and development of Advisors within the region (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 area
Performance contracting and management:
  • Undertaking 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 an advantage
  • 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
Area Manager Vacancy Knowledge and skills:
  • Sound Financial Services experience at a middle management level within the corporate environment
  • 2 years Sales and Distribution exposure
  • At least 2 years sound management and leadership experience
Personal qualities:
  • Sales and target driven
  • Partnership and relationship builder
  • Leadership abilities (vision, courage, values, ethics, connecting with people)
  • High energy levels and action orientation with tenacity
  • Able to operate, challenge and influence at a strategic/tactical 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
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 transformation and embracing diversity and our employment equity plan and targets will be considered as part of the recruitment process. This commitment is what drives us to achieve a diverse workplace with employment equity as a key goal to create an inclusive workforce, representative of the demographics of our society as well as people with disabilities.

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.

How To Apply:

Please Click Here To Apply For Area Manager Vacancy at Sanlam

Other Recent Vacancies at Sanlam You Might be Interested In:

  1. Sharepoint Web and Content Manager.
  2. BI Operations Manager.
  3. Technical Architect:SPF Sanlam Reality

Leave a Comment

Your email address will not be published. Required fields are marked *

Don`t copy text!
Scroll to Top