Retirement Fund Claims Administrator

2 weeks ago

Bellville, South Africa Edge Personnel (Pty) Ltd Full time

You will be responsible to ensure that benefit claims are processed and paid accurately and in accordance with the defined timing standards.

Processing benefit claims

Document collation

Document distribution

Document filing

Basic capturing/ updating on the administration system:
Capturing of Nomination Forms

Static date in regards of new claims

Static data updates

Scanning of documents, as required

Assisting with office organization

Following up of monthly contributions

Managing data received from clients

Reconciliation, allocation and investment of monthly contributions within the required turnaround times

Reconciliation and deduction of risk premiums and fund expenses

Reconciliation, allocation and investment of section 14 and individual transfers received from or paid to other retirement funds when required

Disinvestment and payment of all types of claims within the required turnaround times (e.g. divorce, death, retirement, etc)

Checking documentation received for benefits is complete and accurate and following up on outstanding documentation

Liaising with insurers on risk claims (e.g., disability, funeral, death, etc)

Applications for tax directives to SARS

Review of administration reports for trustees and or management committees

Assisting the fund accounting team with their preparation of relevant schedules for audit purposes

Generate and check the annual benefit statements for accuracy prior to distribution to clients

Investigating and responding to employer and member queries in a professional manner

Investigating and responding to queries from the accounting, consulting and other relevant team members

Working closely with all relevant parties, e.g., internal and external consultants, participating employers, trustees, principal officers, fund accountants, etc

**Requirements**:
Matric

Minimum of 5 - 7 years’ experience in Employee Benefits

Previous experience with umbrella fund administration and/or standalone retirement fund administration

Solid knowledge of the retirement fund industry and legislation

MS Office (Word, Excel, Outlook)

Basic salary on offer + benefits (medical aid & retirement fund)
- **Skills**:_

Good relationship building skills

Excellent planning and organizational skills

Team player and deadline driven

Meticulous attention to detail

Ability to work under pressure

**Job Types**: Full-time, Permanent

**Salary**: R30,000.00 - R35,000.00 per month

  • Portfolio Manager: Retirement Fund Administration

    2 weeks ago

    Bellville, South Africa Edge Personnel (Pty) Ltd Full time

    Our client, a dynamic international Financial Services Provider, currently seeks to appoint a Portfolio Manager: Retirement Fund Administration who will work within the employee benefits administration team, to join their successful division in Cape Town. In this position, you will have well-rounded experience in employee benefits administration as it...

  • Retirement Fund Consultant

    2 weeks ago

    Bellville, South Africa H And S Labour Brokers Full time

    Reference: JHB -CLG-1 You will educate and inform Members, Pensioners, and Human Resource Business Partners with information about their pension fund benefits in compliance with the Financial Sector Conduct Authority customer principles. Duties & Responsibilities Engage key representatives of the client to understand their context and needs Partner with...

  • Fund Administrator

    1 week ago

    Bellville, South Africa Sanlam Full time

    Sanlam Corporate forms part of Sanlam Life and Savings Cluster which offers retail and corporate life insurance, health and investment products in South Africa. Our vision is to be the preferred partner to Corporate and Public Sector by providing an awesome client experience and comprehensive solutions that enable the financial resilience and prosperity of...

  • RETIREMENT FUND CONSULTANT

    2 weeks ago

    Bellville, South Africa Affirmative Portfolios - Durban Full time

    Job Title: Retirement Fund Consultant As a Retirement Fund Consultant, your primary responsibility is to provide expert guidance by means of education and benefit counselling to members, Pensioners, and Human Resource Business Partners whilst fostering relationships in compliance with the FSCA customer principles. Key Responsibilities Pension and Benefits...

  • Retirement Benefit Counsellor

    1 week ago

    Bellville, South Africa Your HR Outsourced Full time

    Retirement Benefit Counsellor Our client based in Bellville is looking for a Retirement Benefit Counsellor. Your Primary role is to assist individuals in planning and understanding their retirement benefits. You will provide guidance and advice on various retirement plans, investment options, and financial strategies. **Responsibilities**: - Interact with...

  • Senior Administrator

    2 weeks ago

    Bellville, South Africa Momentum Metropolitan Holdings Full time

    -Introduction Through our client-facing brands Metropolitan and Momentum, with Multiply (wellness and rewards programme), and our other specialist brands, including Guardrisk and Eris Property Group, the group enables business and people from all walks of life to achieve their financial goals and life aspirations. We help people grow their savings, protect...

  • Administrator

    6 days ago

    Bellville, South Africa Momentum Metropolitan Holdings Full time

    -Introduction Role Purpose To provide effective and efficient service to clients through the administration of a group of schemes by receiving, evaluating and responding to client queries timeously. Requirements - Grade 12 or NQF level 4 - 2-5 Years' experience in an insurance administration environment - Intermediate Excel skills is preferred - Employee...

  • Claims administrator Legal

    2 weeks ago

    Bellville, Western Cape, South Africa MUA Insurance Acceptances (Pty) Ltd Full time R180 000 - R250 000 per year

    CLAIMS ADMINISTRATOR LEGAL (Recoveries & Liabilities)The position for a Claims Administrator (Legal) has become available atMUA, Cape Town. MUA is looking for a high energy dynamic individual. The successful applicant will assist the Claims Legal (Recoveries & Liabilities) team.Main Purpose:To ensure that all documentation for new claims is completed and...

  • Team Leader: Death Claims

    1 week ago

    Bellville, South Africa Sanlam Full time

    Sanlam Corporate forms part of Sanlam Life and Savings Cluster which offers retail and corporate life insurance, health and investment products in South Africa. Our vision is to be the preferred partner to Corporate and Public Sector by providing an awesome client experience and comprehensive solutions that enable the financial resilience and prosperity of...

  • Administrator: Benefit Statements

    1 week ago

    Bellville, South Africa Sanlam Full time

    Sanlam Corporate forms part of Sanlam Life and Savings Cluster which offers retail and corporate life insurance, health and investment products in South Africa. Our vision is to be the preferred partner to Corporate and Public Sector by providing an awesome client experience and comprehensive solutions that enable the financial resilience and prosperity of...