Life & Retirement Administrator
5 hours ago
A Multinational Fund Administration Company is seeking a Life & Retirement Fund Administrator to join their Cape Town office. The role of Administrator is to take responsibility for all processing and client service activities relating to Life Policies and Retirement Funds. This is a great opportunity to join a talented team of Administrators with a wealth of experience in the industry. This will be an entrepreneurial and nimble environment where ideas and solutions to obstacles are always encouraged.
**Qualifications & Experience**:
- A Matric is the minimum requirement, however, any tertiary qualifications that are relevant to the field will be preferred.
- 2-4 years in a similar role within a Life & Retirement environment
- Knowledge of Retirement Annuity Products, preservation funds, Living Annuity, TSFA’s, and Endowments.
**Duties & Responsibilities**:
- Checking the product inflow accounts daily and performing reconciliation of Product bank accounts.
- Processing new investments, switches, retirements and withdrawals and static detail changes daily on the administration system as well as the online banking platform.
- Processing relevant month end administrative tasks, for example, admin/advisor fees, living annuity income payments, monthly debit orders, etc.
- Processing Section 14 transfers and Directive 135 transfers as required.
- Processing death and disability claims as well as divorce orders, as required.
- Performing investment recons from the member/client level to the relevant Manco invested with.
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