Senior Administrator

Listing reference: aforb_000353
Listing status: Online
Apply by: 1 June 2023
Position summary
Industry: Financial Services
Job category: Administration
Location: Sandton
Contract: Permanent
Remuneration: Market Related
EE position: Yes
To ensure delivery of quality service after reviewing specific tasks to our internal and external clients
Job description

Fund Administration (Standalone/ Umbrella/ Pensioner Payroll)
·       Monthly contribution reconciliations.
·       Perform necessary reporting in terms of Section 13(a) or check the reporting
·       Monthly pensioner salary balancing and processing. Checking necessary deductions and payments made correctly (advantageous)
·       Processing of various types of claims (advantageous)

Line of Business System configuration
·       Action Basic Fund Rule changes on a daily basis across lines of business systems within required timelines. This will require the ability to analyze fund rules/ policies and the existing fund structures in order to determine what changes need to be made and how

Fund installations and System conversion functions (all types across all lines of business systems)
·       Preparation of necessary take on requirements documents, arranging meeting, facilitating, active participation at meeting, performing summary/minutes of meeting and project plan for distribution
·       Analysis of new business applications
·       Preparation of fund specific mandates, resolutions and documentation where necessary based on analysis of fund rules, practices and policies
·       Actively sourcing and analyzing required documentation and information required for the completion of the installation/ conversion. Maintenance of the installation/ conversion checklists and project plan in line with Branch procedures and controls.
·       Preparation of Scheme Analysis for purposes of setting up the fund parameters on the line of business systems – will require a thorough analysis of fund rules, policies and procedures/ application forms
·       Setup of fund parameters on allocated system platform along with preparation for internal audit.
·       Analysis of data, facilitation of responses by various stakeholders, upload, reconciliation and preparation of internal audit of the various data sets received
·       Performing replications and/or catch-ups processing relating to contributions, expenses and or investment switches (where applicable).
·       Preparation for internal and external meetings, active participation in meetings and summarizing of action items from meetings
·       Presentations to clients regarding status of installations and separately, on company procedures and controls (Employer)

Minimum requirements

·       Matric – Essential
·       Bachelor’s Degree (3 years - 360 credits) in Commerce, IT or Business – Advantageous
·       Course / Diploma – Advantageous

·       Employee Benefits – Retirement Fund Admin – 3 to 5 years’ experience - Essential