As a Trusts and Beneficiary Funds Consultant - you will be responsible for the devvelopment and maintenance institutional funds in order to grow our assets under management as well as acquire new funds 1. Provide and external clients in respect of the Beneficiary Fund department. 4. Achieve challenging asset and income marketing of: -Sanlam Trust Beneficiary Fund at approved retirement funds for payment of benefits allocated allocated in terms of Section 37C of the Pension Fund Act; and -Guardian Trust to intermediaries and individual
Basic salary of around R45K medical aid, provident fund, 13th cheque and performance bonus.
capturing new employees, leave, terminations, etc.) Responsible for the timely onboarding of employees (explaining medical aid, pension fund, and gap cover) Responsible for the timely offboarding of employees (full termination of service and UIF documents to all terminated employees) Responsible for the coordination between remuneration recruitment, to ensure proper flow and maintenance of employee data. Administer all instructions from SARS regarding regarding IT88 and debt collection from employees on behalf of SARS. Responsible for ensuring third-party
capturing new employees, leave, terminations, etc.) Responsible for the timely onboarding of employees (explaining medical aid, pension fund, and gap cover) Responsible for the timely offboarding of employees (full termination of service and UIF documents to all terminated employees) Responsible for the coordination between remuneration recruitment, to ensure proper flow and maintenance of employee data. Administer all instructions from SARS regarding regarding IT88 and debt collection from employees on behalf of SARS. Responsible for ensuring third-party
beneficiaries in compliance with the Fund rules, Section 37C of the Pension Funds Act and related Acts. Ensure and implement plans for the section that support Pension Administration and the company’s objectives, ensuring with the benefits as defined in the rules of the Fund and applicable legislation. o Unclaimed benefits of Survival reviews, tracing and verification o Fund valuation and all audits •Provide interpretation interpretation advice on the application of the Rules of Fund. •Ensure that audit controls are in place and audit
reconciliations and payments • Pension and Provident fund withdrawals • Employee updates • Queries and follow
opportunities through patterns and trends. Keeping Data Governance Documentation up to date and the maintenance Company pension fund (5% Employer contribution and 5% Employee contribution). Group Risk Fund (death benefit)
Terminations on the Pension and Provident Fund Schemes Benefits administration (Pension/Provident/Medical) Administration Provides an advisory service to employees on the company policies and procedures Management skills Knowledge and understanding Employee Benefits (Retirement Funds and Medical Aid) Min 5 years Human
Terminations on the Pension and Provident Fund Schemes Benefits administration (Pension/Provident/Medical) Administration Provides an advisory service to employees on the company policies and procedures Management skills Knowledge and understanding Employee Benefits (Retirement Funds and Medical Aid) Min 5 years Human
process transfers relating to funds in line with the legislation of the Pension Fund Act, while managing and Section 14 transfers of benefits in and out of the Fund Preparing Section 14 documents to be submitted to regards to Section 14 of the Pension Fund Act. Liaison with the FSCA / Fund administrator / Financial advisors earnout transfers. Estimates of benefits Balancing of Funds in and out Adding of Payments on Cashbooks Running Microsoft (Excel, Word, Email) Knowledge of Pension Fund Act and Fund rules/ Minimum 3 years Claim processing