Employee Benefit Administrator

 

Recruiter:

Watershed Consulting

Job Ref:

MI-SIA

Date posted:

Wednesday, May 19, 2021

Location:

Johannesburg, South Africa

Salary:

R180,000


SUMMARY:
The job purpose is to manage the day-to-day support functions of corporate new business and client relationship administration as well assistant pensions fund, medical aid and administration consulting and support functions as per allocated portfolio.

POSITION INFO:

Employee Benefits 

  • Provide administrative support to the Employee Benefits Consultants, Managers and Directors as  and when requested
  • Keep written record of all communication with client and interaction i.e. meetings, telephone conversations, etc.
  • Attend regular meetings with (1) operations manager to discuss workflow and problem areas and (2) Administrators/service providers regarding the status of funds
  • Prepare New Business Introductory Packs and Proposals
  • Conduct Investigation on behalf of Employee Benefits Specialists
  • Liaise internally and externally regarding the setting up of meetings
  • Ensure data/contributions/premiums are received timeously by administrator/insurer
  • Negotiate with insurers/service providers to obtain competitive rates on:  Group Life Schemes, Permanent Health Insurance Schemes, Funeral Schemes, Investment Consulting Services, Fidelity Guarantee Insurance, any other products
  • Drive company and divisional sales strategy
  • Compile fee notes for finance to send to clients/funds, where necessary
  • Assist and reply timeously to clients with written and verbal interaction
  • Adhere to all aspects of the Consultant’s Best Practice guide
  • Prepare agendas for Employer Management Committee meetings and other ad-hoc meetings as required, attend, take accurate minutes and ensure distribution to all participants
  • Monitor action items from Employer Management Committee meeting minutes and all other documentation to ensure deadline compliance
  • Procure Fidelity Guarantee Insurance for Employer Management Committees, where necessary
  • Follow up on medical requirements for member and underwriting decisions
  • Request asset information from asset consultants/managers for insertion in Employer Management Committee packs
  • Compile, collate, copy and bind Employer Management Committee meeting packs and distribute to clients before the meeting
  • Work together with management on ad hoc projects to further business development i.e. presentations, functions etc.
  • Take ownership for driving own career development
Requirement
  • Grade 12
  • Bachelor of Business Science/ Bachelor of Commerce degree or equivalent NQF 6 tertiary qualification
  • 2 to 3 years experience in a similar role within the Financial Services industry
  • Process and product knowledge
  • Perform any other duties as may reasonably be required by management.


 

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