Job Opportunities at Momentum

Role Purpose

Provide assistance and guidance to employees on benefits such as medical aid, retirement plans and Human capital processes to increase employee satisfaction and retention.

Requirements

• Matric
• Studying towards an HR Diploma or related qualification
• HR Diploma or related qualification (advantageous)
• 1-2 years HR administration or employee benefits experience
• Knowledge of employee benefits, such as medical aid, retirement plans etc

Duties & Responsibilities

• Co-ordinate recruitment administration, including advertising and scheduling of interviews/assessment/risk checks.
• Proactively engage with employees pre-employment regarding benefits to enhance employee experience.
• Provide first line support to employees regarding their requests/needs and direct them to appropriate channel for assistance when necessary.
• Provide support to employees on employee benefits such as health benefits, retirement plans, etc.
• Assist employees complete and submit relevant paperwork to ensure compliance with the legislative requirements and standards.
• Use various communication methods to provide information to employees regarding benefits and human capital practices to enhance their experience within MMI.
• Partner with HC Business Partners to share insights and trends and address gaps in human capital processes.
• Proactively provide guidance to employees about the impact of any life changes or events on their benefits.
• Proactively engage with employees regarding new benefit options, updates, legislative changes etc to ensure ongoing engagement with benefits or products.
• Arrange benefits information sessions (EVP, medical aid and retirement scheme) for all new employees to assist with their financial wellness choices.
• Promote and create awareness of financial advice available to employees.
• Coordinate and support the exit of employees to ensure the employee experience remains engaging and risks are mitigated.
• Provide guidance on HC processes, policies and procedures and benefits (such as performance excellence, annual increase, bursaries, maternity leave, leave surrender, long service etc.) and employee benefits.
• Provide guidance and support to employees on Human Capital systems and processes.
• Make recommendations to improve processes and procedures in order increase administrative efficiencies.
• Provide authoritative, expertise and advice to clients and stakeholders.
• Build and maintain relationships with clients and internal and external stakeholders.
• Contribute to the process of negotiating objective and realistic service level agreements, monitor appropriateness and recommend adjustments.
• Deliver on service level agreements made with clients and internal and external stakeholders in order to ensure that client expectations are managed.
• Make recommendations to improve client service 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.
• Develop and maintain productive and collaborative working relationships with colleagues, peers and stakeholders.
• 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.
• Take ownership for driving your career development.
• Continuously develop skills through guidance from specialist around shortlisting, sourcing and interviews.
• Identify solutions 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.

Competencies

• Business Acumen
• Client/Stakeholder Commitment
• Drive for Results
• Leads Change and Innovation
• Collaboration
• Impact and Influence
• Self-Awareness and Insight
• Diversity and Inclusivenessa

go to method of application »

Role Purpose

The above-mentioned position is currently available in the Structured Solutions team within Momentum Corporate.  The candidate will be responsible for assisting in the management of discretionary participation and/or structured solutions. The role focuses on the investment side of Actuarial Science and will include involvement in the ongoing management of smoothed bonus and conventional with profit products

Requirements

• Actuarial Science degree preferred but not critical;
• Completed all Core Principles (‘A100 & A200’) subjects. Completion of A311 preferred but not critical;
• At least 3 (three) years working experience preferred;
• Experience with RiskAgility FM preferred;
• Knowledge of discretionary participation (smoothed bonus & conventional with profit products) and/or structured solutions preferred but not critical;

Duties & Responsibilities

Incumbent will be part of the ‘Structured Solutions’ team, and will be co-responsible for the following:

• Ongoing management of discretionary participation and/or structured solutions, including but not limited to the oversight, system extraction, evaluation and projection of assets and liabilities;
• In close collaboration with Product Specialist Leader and segment/channel, plan for and take joint accountability for the development and implementation of discretionary participation and/or structured solutions in response to the segments’ strategies and the market needs;
• Recommendation of interim and final bonus rates (split between vested and non-vested where applicable) for smoothed bonus business at least half yearly;
• Recommendation of reversionary and/or terminal bonus rates for conventional with-profit business at least half yearly;
• Managing the implementation of statutory and contractual requirements for discretionary participation and/or structured solutions;
• Developing discretionary participation and/or structured solutions through conducting solution research, stakeholder engagement, compiling detailed product specifications and product approval documentation to ensure the achievement of MMH strategic objectives;
• Reviewing and proposing changes to discretionary participation business management actions;
• Building or updating appropriate models in order to quantify financial impacts appropriately;
• Reviewing and proposing changes to the segment Principles and Practices of Financial Management (PPFM);
• Continually evaluating discretionary participation and/or structured solutions to identify improvements in the solutions or the way in which they are managed, and to ensure they are still relevant;
• Ensuring proper system implementation of newly developed or revamped discretionary participation and/or structured solutions;
• Mitigating financial, legal, reputational and other pertinent business risks by ensuring administration systems are continuously rigorously tested for adherence to contractual obligations;
• Mitigating operational risks by reviewing and optimising processes;
• Ensuring asset and liability administration platforms adhere to product specifications, process documentation, contracts and the PPFM (where applicable);
• Calculating market value adjustments to be provided to external and/or internal stakeholders on an ongoing basis;
• Reviewing legal documentation (for example, client contracts, counterparty agreements, etc.);
• Actuarial and performance reporting for discretionary participation and/or structured solutions;
• Establishing and maintaining strong relationships with various internal and external stakeholders and assisting them in analysing, supplying and translating information on discretionary participation and/or structured solutions;
• Undertaking ad-hoc actuarial tasks including the resolution of technical queries; and
• Offering specialized assistance on projects.
• Provide input into the risk identification processes and communicate recommendations in the appropriate forum.

Competencies

• Ability to work accurately under pressure;
• High attention to detail and quality orientation;
• Strong analytical and problem solving skills;
• Good written and verbal communication skills;
• Good time management skills; and
• Ability to work in a team as well as independently.

go to method of application »

Role Purpose

The Retail Development Consultant crafts passionate, energetic, and meaningful partnerships with IFAs that will stand the test of time. Product, market, and sales intelligence will set them apart from their counterparts. The consultant/IFA relationship will be strengthened by the ease of doing business, first-class services, deep business analysis and continuous improvement of the IFA's business.

Requirements

Qualifications:

• 3-year BCom degree in the following fields: Business Management, Marketing, Communications, Finance and Legal (essential)
•  Willingness to study towards the degree and recognition of prior learning if you have 3+ years of experience working in MDS.
• CFP is an advantage

Experience:

• 1 to 3 years of financial service industry experience (desired)
•  1-year relevant sales experience (essential)
•  Experience in Momentum Myriad and Investo products is an advantage
• Strong business acumen with sound knowledge in risk assessments, claims, underwriting, tax, business assurance
• Knowledge of the financial services industry and insurance products (desired)
• Technology Savvy

Duties & Responsibilities

Engage:

• Be visible to the IFA in order to understand their needs and drive their value proposition
• Visit the IFA and IFA office based on a defined plan and deliver a message
• Analyse, monitor and/or increase prescribed weekly activities to exceed sales targets.
• Present the professional, disciplined nature of the IFA Agenda and minutes of all meetings

Enthuse:

• Understand who we are targeting, the landscape they are working in, competitor influences, events that will enthuse, critical moments of truth used.
• Ensure long-lasting, deep, and meaningful relationships with the IFA
• IFAs to move from non-active supporters to active supporters, to ambassadors

Educate:

• IFA has the perception that Momentum is a thought leader.
• Be the IFA's source of information within Momentum
• Be accountable, innovative, excellent, honest, diverse, and influential in your business dealings
• Enable better financial planning and advice outcomes

Enable:

• IFA has the perception that Momentum is a thought leader.
• Be the IFA's source of information within Momentum
• Be accountable, innovative, excellent, honest, diverse, and influential in your business dealings
• Enable better financial planning and advice outcomes
• Achieve and/or exceed the minimum production targets,
• Achieve and/or exceed the minimum productive IFAs required

Competencies

• Leading change and innovation
• Diversity and inclusiveness
• Drive for results
• Ability to drive and influence IFA commitment
• Collaboration
• Impact and influence
• Growing talent.
• Self-awareness and insight