Employee Benefits Consultant

1 week ago

Pretoria, South Africa OPTIMUM INSURE CONSULTING Full time

An exciting opportunity has become available for an EB consultant to join our Pretoria Team.

Key Requirements:

- Appropriate Degree or Insurance qualification
- Five years of previous experience as a Consultant in the Employee Benefits Industry
- Above-average technical knowledge of the industry

Additional Skills
- Analytical Skills
- Builds relationships,
- Communication,
- Decision Making,
- Financial management,
- Interpersonal skills,
- Negotiation,
- Presentation,
- Time Management,

DUTIES AND RESPONSIBILITIES, BUT NOT LIMITED TO:

- Represent the company as the Fund Consultant at Trustee and Management Committee meetings.
- Secretarial services at Trustee and Management Committee meetings.
- Monitor and establish regular meetings with clients at the Trustee, Administrative, and Employer levels.
- Act as the employer’s liaison to a fund at all Employer meetings.
- Prioritize and respond to client queries promptly.
- Develop excellent working relationships with participating employers.
- Ensure that Rules, Policies, and Contracts accurately reflect intentions and are kept up to date.
- Ensure actuarial valuations (or exemptions therefrom) are conducted and submitted to clients and authorities.
- Monitor and prepare documents for fund transfers in accordance with relevant regulations.
- Collaborate with the Actuary and the Administrator on fund terminations, ensuring all formalities are completed effectively.
- Ensure Benefit Statements conform to clients’ needs and are issued promptly by the Administrator.
- Foster successful working relationships between service providers.
- Ensure retirement, disability, and death benefits are paid promptly and assist the Administrator in obtaining related documentation when necessary.
- Ensure all formalities are properly carried out by the Actuary, Administrator, and Legal division in acquiring new business and related tasks.
- Provide regular reports to Management as requested by the Company and its clients.
- Follow up on tasks delegated to clients, service providers, and the Company, ensuring timely and proper completion.
- Attend to annual rebroke of Risk Fee reviews.
- Attend to the implementation of new business

Work Location: In person

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