Benefits Processing Officer (Payments) at Guaranty Trust Bank Plc

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
3 years ago

Additional Details

Job ID
8713
Job Views
96

Job Description



Job Description



  • Oversees pension benefit counselling for active employees and retiree/participants

  • Coordinate retiree payroll activities and authorize payment of withdrawals, refunds, retiree payroll, death benefits, and other disbursements

  • Communicate customers payment and update benefits/transfer applications upon confirmation of payment

  • Preparation of reports and reconciliation statements of retirees benefit payment

  • Rendition of monthly report on benefit payments to PENCOM


Overall Responsibility



  • The Benefits Processing Officer (Payments) is primarily responsible for processing of benefit applications and payments in line with relevant PENCOM circulars, regulations, and guidelines.


Skills & Knowledge



  • Bachelor’s Degree in Actuarial Sciences, Accounting, Banking / Finance or other business-related fields

  • 4 – 6 years working experience preferably in the Pension / Finance industry

  • Sound knowledge on the regulation for the administration of retirement and terminal benefits

  • Ability to effectively manage competing deadlines in a high-pressure work environment.

  • Operational characteristics, services, and activities of a benefits program..


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