Vacancies

Retirement and Life Products Administrator (Prescient Fund Services)

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Operations Manager - Retirement and Life

Location

Westlake, Cape Town

Business Unit

Prescient Fund Services
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The role of Administrator is to take responsibility for all processing and client service activities relating to these products.

DUTIES & RESPONSIBILITIES

  • Checking the FNB 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 (FNB). 
  • 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.
  • Preparing and applying online for the tax directive for withdrawals/retirements, using ITAX as required.

REQUIRED EXPERIENCE

Related experience (2-4 years) in a similar Retirement/Life Product administration environment with knowledge of products namely Retirement Annuities, Preservation Funds, Living Annuities, TFSA’s and Endowments.  

REQUIRED QUALIFICATIONS

  • Matric (minimum requirement) and any relevant tertiary Commercial / Financial qualification (preferred)
  • Good MS Office skills specifically Word and Excel

KEY COMPETENCIES

  • Self-starter who is willing to take on responsibility for a wide array of tasks
  • Highly methodical with strong interest in retirement funds, life products and administration
  • High level of integrity and dependability
  • Ability to work under limited supervision
  • Team Player
  • A focus on attention to detail
  • Excellent communication skills

WHY THIS ROLE?

This is your opportunity to join a talented team of Administrators with a wealth of experience in the industry. You will be joining an entrepreneurial and nimble environment where ideas and solutions to obstacles are always encouraged. 

INTERESTED? APPLY NOW

Thank you for your application.

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PRESCIENT GLOBAL

WE ARE A MULTINATIONAL BUSINESS.

South Africa

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+27 21 700 3600

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