Job Title

Private Wealth Administrator (Benefits)

South Africa, Western Cape
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R15000 - R25000 Per Month
Area: South Africa, Western Cape
Sector: Financial Services
Posted: 21 January 2025

Job Details

SPECIFICATION  

We are seeking a detail-oriented and experienced Private Wealth Administrator (Employee Benefits) to join our team in Cape Town on a hybrid work model. This role is essential in supporting our team with the administration and management of employee benefits for our clients, including Group Life and Pension schemes. If you have a strong background in South African employee benefits administration and a passion for excellence, we would love to hear from you. 

 

Key Responsibilities: 

  • Employee Benefits Administration: Manage and oversee the day-to-day administration of employee benefits, including Group Life, Pension, Medical Aid, and other related schemes for our clients. 
  • Records Management: Maintain accurate and up-to-date employee benefit records in compliance with company policies and South African legislation. 
  • Claims Processing: Coordinate and process claims for benefits such as death, disability, retirement, and other applicable benefits. 
  • Compliance: Ensure compliance with South African labor laws, retirement fund legislation, and any industry-specific regulations. 
  • Stakeholder Liaison: Act as the primary point of contact for employees, benefit providers, brokers, and payroll teams, ensuring clear communication and efficient query resolution. 
  • Reporting: Prepare regular reports on benefit scheme participation, costs, and trends for management review. 
  • Process Improvement: Identify and implement process improvements to enhance the efficiency and accuracy of benefits administration. 

 

 

Requirements: 

  • Experience:  
  • At least 3-5 years of experience in employee benefits administration with a strong focus on South African Group Life and Pension schemes. 
  • Proven track record of working within a similar role in a Investment firm or HR environment. 
  • Knowledge:  
  • In-depth understanding of South African employee benefits, labor laws, and tax implications. 
  • Familiarity with employee benefits providers and systems in South Africa. 
  • Skills:  
  • Exceptional organizational and time management skills. 
  • Strong attention to detail and accuracy in data handling. 
  • Excellent communication and interpersonal skills to liaise with internal and external stakeholders. 
  • Proficiency in MS Office Suite (Excel, Word, PowerPoint) and HRIS systems. 
  • Education:  
  • A relevant qualification in Human Resources, Business Administration, or a related field is advantageous. 

 

What We Offer: 

  • A hybrid work environment allowing for a mix of in-office and remote work. 
  • Opportunities for professional growth and development. 
  • Great team environment