Senior Administrator (Surplus and Bulking)

Designation: PP3296 - Senior Administrator (Surplus and Bulking)

Category: Ops & Admin - OF6310

Posted by: Alexander Forbes

Posted on: 27 Feb 2025

Closing date: 07 Mar 2025

Location: Johannesburg

Purpose Of The Job

A Senior Administrator is responsible and accountable for the key performance areas, aligned to the operation of a portfolio of funds. The key performance areas are set out in the performance assessment and list of tasks. These are determined by consulting and complying with Alexander Forbes procedures, industry requirements, the department that you work in, and any other specific requirements in the Service Level Agreements, at all times. All tasks and functions should be done accurately and within the timeframes and service standards. In this service-oriented business, clear and precise communication is required, while building and strengthening relationships, upward, downwards, and laterally with internal and external clients. The image of Alexander Forbes must be maintained and improved by providing prompt, polite, and efficient service.

Overview

Qualifications:

Grade 12 (Matric)

Successfully passed the AF and branch tests/assessments

Having achieved or studying towards a retirement fund qualification or equivalent qualification.

Key Performance Areas

• Minimum 3 years industry related experience
• Operational & Financial success
• Maintaining expenses in line with Branch standards and limits
• Maintaining & managing Fund Allocations
• Eliminating PI Claims

• Monthly contribution reconciliations for Pension and Provident Funds.
• Maintenance of Member Data.
• Necessary reporting in terms of Section 13(a).
• Processing of various types of claims (inclusive of bulk transfers where applicable) for Pension and Provident Funds.
• The checking and authorizing of various types of claims.
• Checking of direct/guaranteed housing loans, where applicable, against the schedules received from the loan provider.
• Preparing and checking of monthly reporting for client meetings.
• The completion of Administration Reports (where applicable).
• The completion of member Statements (where applicable).
• Complete recognition of transfer documents and allocation once received (where applicable).
• To identify any changes on the fund and preparing or checking of the documents (rates, fees, or expenses).
• Prepare information for the financial year-end of your funds (where applicable).
• To check and act upon all risk reports (where applicable).
• Clear Emails and queries on a daily basis.
• From time to time, you may be required to perform other related duties and functions that may be reasonably expected of you given your position and the operational requirements of the Company.
• Perform peer review of specific tasks allocated by superior.

• Acquired skills and Knowledge - Individual's knowledge is up to date on industry trends/changes as well as AFAS products and service offerings. Measured by Branch tests set by Management and by the AFFS training department.
• TCF - Living the AF values & making positive contributions to the Team/Branch by embracing and implementing TCF. Effectively managing client’s expectations and alleviate risks while embodying the SERVE principle.

• Timeous & Accurate client and member communication in line with company and branch procedures and controls.
• Effective and efficient service delivery including internal clients such as ALM Team, Consultants, etc.
• Quality and accuracy of work delivered both verbally and written, meets both internal and external customer expectations and is complete without errors.
• Compliant in terms of AFFS complaints management procedure.
• The image of Alexander Forbes Operation & Administration must be maintained and improved by providing prompt, polite, and efficient service.

• Team contribution - Assists in times of absenteeism/pressure to ensure work delivery.
• Managing self - Management of processes and responsibilities. Ability to work independently.
• Timeous & accurate actioning of adhoc tasks assigned by Management.
• Taking on additional responsibilities & making a positive contribution to the team/Branch by way of internal procedures & processes.
• Train junior staff where necessary.