Job Vacancies at FSCA South Africa

Key Performance Areas

• Reviewing and analysing of the following:
• Extension applications
• Valuation exemption applications
• Statutory actuarial valuation reports
• Providing support to other Departments within the FSCA; and
• Involvement in ad hoc projects.

Requirements

• A bachelor’s degree in actuarial science and should have passed or been exempted from at least three of the A-series subjects of the Actuarial Society of South Africa. Work experience in the retirement fund industry will be an advantage.

go to method of application »

Key Performance Areas:

• Assist with the development of a regulatory framework and monitor compliance with legislation to ensure sound and efficient retirement fund industry and   the protection of consumers;
• Analyse annual financial statements of retirement fund benefit administrators to ensure that proper reporting standards and procedures have been followed;
• Liaise with retirement funds and retirement fund benefit administrators on issues of non-compliance;
• Support team members with the analysis of regulatory returns and planning for on-site inspections;
• Assist the Manager with projects and ad hoc tasks;
• Manage and perform on-site inspections on retirement funds and retirement benefit administrators to ensure compliance with pension fund legislation and   produce reports on findings or observations; and
• Liaise with industry stakeholders and manage complex complaints and queries and provide technical guidance to retirement funds, benefit administrators and   team members.

Requirements

• A Bachelor of Commerce or Law degree with at least 5 year’s relevant working experience, preferably in the retirement funds industry.
• The candidate must have knowledge and exposure to the retirement fund benefit administration industry and an understanding of section 13B of the Pension Funds Act, 1956 and Board Notice 24 of 2002. An industry related qualification or a compliance and risk background will be an added advantage.