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..