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Pensions Administrator at Zamara Malawi

  • Full Time
  • Blantyre, Malawi
  • Applications have closed
  • Salary: 000

Zamara Malawi

This role exists to address the administrative aspects of pension schemes in order to drive data integrity, client satisfaction and client retention

Responsibilities

  • Supporting Team leader as required in ensuring team targets are met and set out procedures are followed.
  • Dealing with pension scheme / umbrella fund complaints, disputes, general enquiries and correspondence from members, advisers, trustees, fund managers and communicating with them appropriately
  • Processing and paying claims within statutory timelines in liaison with fund managers, custodians and trustees as appropriate
  • Preparing and submitting quarterly reports to RBM
  • Preparing quarterly administration reports
  • Providing annual audit data to fund accountants, actuaries and responding to queries
  • Verifying fund data and loading the information onto the selected admin system
  • Maintaining member pension records (bio data, bank details, emails) and updating contributions on the system
  • Conducting member education scheme / fund beneficiaries’ information about their rights and responsibilities in respect to the pension scheme / fund umbrella.

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Qualifications

Bachelors Degree in a relevant field

Professional qualification in Actuarial / CII / CFP – added advantage

Technical Competencies

  • Knowledge of legislation, investments, employee benefits
  • Expert knowledge of the Pension Act (2010)
  • Expert knowledge of the Pension Regulations
  • Expert knowledge of Pension Schemes

Behavioral Competencies

  • Excellent time management skills and ability to multi-task and prioritize work
  • High level of professionalism and ethical
  • Confident
  • Self-motivated
  • Attention to detail