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  • Posted: Nov 29, 2023
    Deadline: Not specified
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  • Momentum Metropolitan Holdings, formerly MMI Holdings, is a South African-based financial services group was established on 1 Dec 2010, through the merger of Metropolitan and Momentum. We are specialists in long and short-term insurance, asset management, savings, investments, healthcare administration, health risk management, employee benefits and reward...

     

    Senior Administrator -Sandton

    Requirements

    • Grade 12
    • 6-8 Years' Employee Benefits experience
    • Knowledge and understanding of Life Insurance products and services and Industry Legislation
    • Knowledge of Pension Funds Act and Treat your Customers Fairly
    • 1-2 Years' leadership experience will be advantageous

    Duties & Responsibilities

    • Resolve escalated claim queries and ensure queries are processed in a timeous manner.
    • Monitor and manage the adherence to the service level agreements.
    • Be responsible for, coaching and guiding the team in processes and procedures.
    • Competence and high level of understanding of retirement fund daily processing, including contributions processing and managing defaults in line with S13A of the PFA.
    • Guiding Administrators in Death claims processing in line with S37 of the PFA where required.
    • Ability to understand and resolve member and employer queries expeditiously.
    • Ability to perform reconciliations on member transactions to resolve complex queries.
    • Ability to coach and guide Administrators in day to day functions.
    • Assist the Administration Manager in their day to day oversight duties of the Administration team and stand-in when the Manager is not available.
    • Ensure that the necessary risk management controls are in place.
    • Assess, quality control and authorise the payment of claims.
    • Provide factual, logical, expertise and informative feedback to clients and stakeholders.
    • Build and maintain relationships with clients, internal and external stakeholders.
    • Deliver on service level agreements with all stakeholders to ensure that client expectations are met and managed.
    • Make recommendations to improve client experience and fair treatment of clients within area of responsibility.
    • Participate and contribute to a culture which builds rewarding relationships, facilitates feedback and provides exceptional client service.
    • Ensure compliance to regulatory Treating Customer Fairly outcomes.
    • Positively influence and participate in change initiatives.
    • Continuously develop own expertise in terms of professional,industry and legislation knowledge.
    • Contribute to continuous innovation through the development, sharing and implementation of new ideas.
    • Responsible to manage, identify and mitigate risk through the adherence of the claims process.
    • Identify to enhance cost effectiveness and increase operational efficiency.
    • Manage financial and other company resources under your control with due respect.
    • Provide input into the risk identification processes and communicate recommendations in the appropriate forum
    • Drive a culture that guides and directs best practice, fostering an environment of continuous learning, improvement and cohesiveness.
    • Enable a learning and growth culture whereby information regarding successes, issues,trends and ideas are actively shared between team members.
    • Encourage innovation, change agility and collaboration within the team.
    • Develop and maintain productive and collaborative working relationships with peers, team members and stakeholders.

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