Who are we?
Glacier by Sanlam brings together leading experts and respected financial services companies to meet clients’ investment needs. We deliver focused investment services through specialist teams, partner with acclaimed financial intermediaries and pride ourselves on our superior products and solutions and high quality service. We offer a comprehensive range of investment solutions, designed to assist in the creation and preservation of wealth. Our offering encompasses local investments, including fixed term investments and investments with guarantees, international investments, retirement saving solutions, and retirement income solutions. While each solution has its own distinct purpose, they all share the world-class quality and commitment that have come to distinguish Glacier.
What will you do?
Responsible for the implementation of products. The incumbent prepares a brief outlining the implementation procedures, the rate parameters, the business rules, et cetera and is responsible for the maintenance of product information. This position provides the training ground for the senior product manager positions.
What will make you successful in this role?
Business Description
Sanlam Life and Savings (SLS) cluster is responsible for Sanlam’s retail business in South Africa. SLS provides clients across different market segments with a comprehensive range of appropriate and competitive financial solutions. These include traditional life insurance risk and savings products, investment, retirement, health and fiduciary services. Our products are designed to facilitate long-term wealth creation, protection, and niche financing and therefore these solutions are engineered around client needs.
Job purpose
The Product Manager will be responsible for ensuring that Glacier has a compelling Intermediary and Client value proposition for holistic life investment solutions. The person will be responsible for the development and enhancement of these products on the Sanlam Life and Glacier platforms.
Key outcomes
The following outcomes will be expected to be achieved by the Product Manager: Life Investments:
Providing product management insights across the product platform with particular focus on product enhancements and competitive standing of the life investments portfolio in line with the business strategy Setting weekly rates and managing and reviewing pricing on an ongoing basis Coordinating all new developments and enhancements with stakeholders incl. Actuarial, Legal & Compliance, Client Services, IT & Sales Providing ongoing support to the Sales and Marketing teams, inter alia
o Guiding the content and structure of marketing and other positioning material
o Proving product specific training and guidance on position of solutions to the sales teams
o Engage, as required, with corporate clients
o Develop good relationships with business partners and regulatory authorities
Playing an active role in project planning and business development for the retirement savings and discretionary endowment products Researching, tracking and analysing local and international industry trends, competitors’ performance for your product set
Qualifications and experience
BSC or BCOM degree and good progress with the Actuarial examinations toward an Associate or higher qualification or CFA charter holder Demonstrable track record of managing a product or service portfolio with responsibility for the key performance metrics
Knowledge
A good knowledge of Sanlam Life’s investment and retirement savings products and the competitor land scape will be an advantage A good understanding of the Actuarial, tax and regulatory framework A good knowledge of Sanlam Life’s administration and reporting systems will be an advantage.
Competencies
Client focused Collaborates Cultivate innovation Drive results Be resilient Self-driven, taking accountability Team player Customer-focused Strong analytical, problem solving and conceptual thinking skills Ability to operate at a strategic level and take decisions Influencing, gaining commitment and directing others Building and maintaining relationships Effective communication and presentation skills
Attributes
Honesty, Integrity and Respect Positive, enthusiastic attitude
To apply
Please submit your application by 2 September 2024
Qualification and Experience
Degree or Diploma with 3 to 5 years related experience.
Knowledge and Skills
Conduct client/market researchSpecialist product supportProduct enhancementsProduct performance tracking and measurementManagement of employees
Personal Attributes
Business insight - Contributing through othersFinancial acumen - Contributing through othersOrganisational savvy - Contributing through othersDecision quality - Contributing through others
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 five business clusters – Sanlam Fintech, Sanlam Life and Savings, Sanlam Investment Group, Sanlam Allianz, Santam, as well as MiWay and the Group Office – the group provides many opportunities for growth and development.
Core Competencies
Cultivates innovation - Contributing through othersCustomer focus - Contributing through othersDrives results - Contributing through othersCollaborates - Contributing through othersBeing resilient - Contributing through others
Turnaround time
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.