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  • Posted: Jun 22, 2020
    Deadline: Not specified
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    Since our establishment in 1918, Sanlam has been a prominent part of the South African business landscape. We have always held a long-term view of how business adapts to the demands of the environment in which it operates. Today, in a dynamic world, we see an evolving set of social, economic, political and environmental imperatives that require our skilfu...
    Read more about this company

     

    Administration Manager

    Who we are

    Sanlam Corporate Cluster comprises of the two existing businesses - Sanlam Employee Benefits (SEB) and Sanlam Health Management (SHM) and the soon to be established Sanlam Corporate Solutions. These businesses enhance our corporate business offering through providing integrated solutions for corporate clients both in South Africa and across the African continent by providing tailored solutions to targeted corporates.

    What will you do?
    Key Responsibilities

    • Administration of Retirement funds and maintenance of member level transactions across functional systems and functional areas within the Operations division
    • Managing the correctness of processing within a functional team
    • Manage and monitor compliance to service level agreements and implement relevant controls and processes to ensure adherence
    • Manage professional verbal and written communication and reporting to clients. (Internal and external)
    • Investigate, resolve and respond to internal and external client queries. (Verbal and in writing.)
    • Guide administrators to investigate, resolve and communicate accurately, effectively and efficiently. (Internally and externally)
    • A thorough understanding of and compliance with the Pension Fund Act, Fund Rules and Income Tax Act and any other relevant legislative requirements
    • Ensure financial controls/risks are addressed and identify and resolve short comings
    • Manage and coordinate work distribution within a functional area to ensure optimal efficiency and adherence to service level agreements
    • Drive and ensure effective client service. (Client centric approach.)
    • Set clear direction to team members in respect of team goals, objectives and outputs, performance management, training and coaching, risk assessment, controls and system related duties
    • Manage succession planning in team
    • Continuous process review and optimization
    • Manage relationships with internal departments, auditors and other external stakeholders
    • Report on operational efficiencies
    • Resolving complex queries and complaints received from team, Client Relationship Managers, Management, Fund Accounting & other parties to business standard and within agreed timelines
    • Adherence to labour legislation and compliance to the disciplinary code of the company
    • Managing the functional area budget

    What will make you successful in this role?

    Minimum Requirements

    • B.Com or a relevant tertiary qualification or equivalent years of practical experience
    • Certificate of Proficiency (COP) or Introduction to Retirement Funds (IRF) qualification will be advantageous
    • Knowledge of retirement fund legislation / Income Tax act.

    Technical Competencies

    • 3 - 5 years’ management experience in similar role
    • 5 years’ experience in Employee Benefits / Retirement fund industry
    • Proficiency in Microsoft Office (Excel, Word, Outlook etc.)

    Behavioural Competencies

    • Strong attention to detail and proactive attitude
    • Strong ability to organize and prioritize
    • Excellent communication skills both written and verbal
    • Results focused and displays energy when performing tasks
    • Time management skills
    • Ability to work independently and supervise a team
    • Innovative and demonstrates initiative
    • Ability to perform well under pressure and meet deadlines
    • Good interpersonal skills
    • Ability to collaborate and pull information together
    • Proactive attitude and a team player
    • Ability to motivate a team
    • Strong client focus

    go to method of application »

    Fund Administrator

    Who we are

    Sanlam Corporate Cluster comprises of the two existing businesses - Sanlam Employee Benefits (SEB) and Sanlam Health Management (SHM) and the soon to be established Sanlam Corporate Solutions. These businesses enhance our corporate business offering through providing integrated solutions for corporate clients both in South Africa and across the African continent by providing tailored solutions to targeted corporates. SEB CORE specializes in retirement fund administration to institutional retirement funds spread over a number of industries and services from large single employer run stand-alone funds to multi-employer umbrella funds. This business unit is also responsible for ongoing client servicing ranging from board of Trustees, Employers, Intermediaries and Employees. It is also responsible for the IT deliverables and digital strategy for Sanlam Employee Benefits.

    What will you do?

    • You will be responsible for performing calculations, liaise with other departments both verbally and in writing. Handle anniversary processing, member and new member updates, medicals, paid claims for benefits and quotes for withdrawals and retirements. Accuracy is important with an analytical eye and detail-focused.


    What will make you successful in this role?

    • Administration of Retirement Funds and maintenance of member level transactions across functional systems and functional areas within SEB Core. (Identify/process/record/report)
    • Adhere to internal and external service level agreements
    • Adhere to internal controls and procedures in place
    • Professional verbal and written communication and reporting to clients
    • Investigate, resolve and respond to internal and external client queries in a professional and effective manner
    • Investigate, resolve and respond to ad hoc operational requirements
    • Must have a thorough understanding of and compliance with the Pension Fund Act, Fund Rules and Income Tax Act and any other relevant legislative requirements
    • Maintain healthy working relationships with internal departments
    • Knowledge of transfers, switches and lifestages will be an advantage


    Qualification And Experience

    • COP or related qualifications will be an advantage
    • Grade 12 with 2 to 3 years related experience.


    Knowledge And Skills

    • Reporting and Administration
    • Quality, compliance and accreditation
    • Business Processes
    • Services Knowledge

    Method of Application

    Use the link(s) below to apply on company website.

     

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