Pension Administrator

Pension Administrator

The Pension Administrator is responsible for providing effective and efficient support through administrative, accounting and counseling services for assigned pension programs in collaboration with trustees. Key responsibilities include:

• Oversee the administrative and accounting functions of the pension program
• In accordance with schedules and service delivery standards, provide administrative and accounting services to members, inclusive of enrollments, terminations, member updates, transfers, payment processing, benefit statements etc.
• Provide trustees, human resource and team members with information regarding the plan and benefit distributions
• Conduct planning and sensitizing sessions for members
• Maintain current knowledge of pension regulations, compliance, any changes and developments by attending and participating in educational and training sessions.
• Maintain retiree database up-to-date and accurate
• Provide support in annual pension audits and implement audit recommendations.
• Reconcile and process contributions
• Arrange payments, transfers on behalf of members
• Conduct periodic audits of member eligibility to ensure that all eligible employees are enrolled
• Reconciling accounts as assigned

REQUIRED EDUCATION, EXPERIENCE AND COMPETENCIES

• Bachelors degree in Accounting, Finance or related field
• Minimum three (3) years experience in pension administration
• Sound understanding of pension regulations and procedures
• Should be flexible and adaptable with a customer centric approach
• Must be detail oriented and analytical with the ability to work independently with little supervision.
• Should be able to devise long range goals and objectives to meet the targets of the Business
• Must have sound fiduciary experience.
• Must possess the ability to liaise with local and international partners and forge partnerships