Benefit and Data Administration Manager
KEY RESPONSIBILITIES
Pensions Administration
- Carries out monthly reconciliation of contributions to ensure completeness/correctness.
- Issues and distributes monthly statements to all members as stipulated in the Pension Reform Act.
- Interfaces with the Pension Fund Custodian on all contribution related issues.
Benefit Administration
- Responsible for calculation of all benefits due to leavers
- Processes payment of all death benefits in liaison with the Insurance underwriters, Legal department and HR as the need arises.
- Responsible for benefit projection calculations as the need arises. (To aid management decision-making or on demand of members).
Pensioner Management
- Handles payment of pensions for both existing and future pensioners via the pensioners’ payroll.
- Carries out physical verification of pensioners (Annually) in liaison with the custodians.
- Handles pension review calculation, advice of revised pension amounts and input of same into pensioners database as the need arises.
- Maintains pensioner personal records and updates same from time to time.
Database Management
- Maintains members and pensioners register in the database to include all relevant data.
- Authority input of data into the database as the need arises.
- Regularly does a housekeeping of database to validate and authenticate all data contained therein.
Communication & Engagement:
- Develop and implement effective communication strategies to keep stakeholders informed and engaged.
Requirements
EDUCATIONAL QUALIFICATION
- Bachelor’s degree in finance Related Discipline e.g., Accounting, Business Administration, or other numerate discipline
- Professional Accounting Certification e.g., ICAN, ACA, ACCA, CPA, CIA, CISA, CISSP, CISM, etc. (will be an added advantage)
WORK EXPERIENCE
- 10 years post qualification experience, eight of which must be in the financial sector and four in a management position.
- Experience in the Pension Industry will be an added advantage.
KNOWLEDGE
- Knowledge on Pension Reform Act (2014)
- Knowledge on benefit processing (would be an added advantage)
SKILLS
- Advanced presentation and communication skills
- Office 365 (Power BI, PowerApps and Power Automate will be added advantage)
Method of Application
Interested and qualified? Go to Nigerian Breweries ( NB Plc ) on select.alldayhr.com to apply
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