Employee Benefits Specialist

2 weeks ago


Durban, South Africa Sandi Crowther Recruitment Full time

KwaZulu Natal, Durban

**Morningside. **Established concern providing financial planning seeks competent Employee Benefits Specialist with solid experience in employee benefits (e.g. Provident Funds) and some knowledge of Medical Aids and Gap Cover.

**Responsibilities**:

- Prepare and conduct a Board of Management meetings after receiving the review documents from insurance company
- Assisting the Fund in switching from one investment to another or from one Investment Manager to the other
- Draft and update service level agreements
- Peruse the various fund documents produced by insurance companies to ensure that they reflect the client requirements
- Where necessary, hold discussions with any official or body concerning the affairs of the fund
- Re-quote for each fund every 24months to ensure cost competitiveness
- Prepare quotations for new schemes and prepare recommendations of best route for clients
- Provide the Board of Management with periodic investment reviews and reports, in line with the service level agreements
- Help in establishing the Board of Management and ensuring the new members are properly trained
- Implement a formal client recognition program for clients e.g. birthday messages and familiarisation visits
- Monitor and / or update records of member of the fund, kept by the insurers
- Expedite the payment of fund contributions and submission of schedules from clients to insurers
- Update employee information onto insurers systems e.g. addition of new members
- Help the Employer complete claim forms and forward the necessary documents required in processing claims by the insurer
- Expedite the payment death, retirement, retrenchment or withdrawal claim by the insurers
- Provide benefit statements and values when requested
- Maintaining an effective and functional filling system

**Requirements**:

- Solid knowledge and experience in employee benefits (example Provident Funds)
- Must have some knowledge in terms of Medical Aids and Gap Cover
- RE1 preferred

For more information please contact:

- Tess Robertson



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