Pension Administrator (Kingston, JM)

 Sagicor Life Jamaica Limited is seeking to identify a suitable candidate to join our Pension Services team in the capacity of,

Pension Administrator – Define Contribution

The selected candidate will oversee the administration of the assigned portfolio of pension plans and satisfy all servicing needs of the corporate client.

Key Duties and Responsibilities:

• Prepare the annual pension plan report; Reconcile terminations, death, retirement deposits and membership; Calculate the required fees, balance the accumulated transactions and prepare the necessary documents for collation.
• Process the benefit quotations, benefits payment and deferred certificates for the terminated members.
• Process plan closures; Acknowledge receipt of requests for transfer or wind-up; Prepare client reports up to the date of closing and data for actuarial valuation; Prepare an overview of the process an schedules of payment for the client; Deliver non-member payments and certificates; Submit findings to the regulatory body.
• Prepare amendments, analyze, review and implement changes to trust deeds and contracts for approval and submission to the Commissioner of Taxpayer Audit and Assessment.
• Prepare the valuation data; Prepare statements and other reconciliation and data for the Pensions Actuary to undertake valuations; Revise and deliver valuations to the clients and regulators
• Assist with Regulatory Reporting; Establish plan of approval for all new plans; Submit annual client reports and any other requirements needed; Respond to correspondence from regulatory bodies; Ensure Pooled Fund Statements for clients which have an anniversary date as a the previous month end are sent to Taxpayer Audit and Assessment Department (TAAD)
• Liaise with Regulatory Compliance Department regarding any matters from the Financial Services Commission (FSC) requiring attention.
• Work with manager in managing and maintaining client relationships; Provide all services to clients; Train and liaise with Plan Administrators; Establish and maintain a relationship with the Board of Trustees; Prepare and revise booklets to advise members of plan rules; Liaise with third parties on behalf of clients; Respond to Client and member queries.
• Process and oversee new plans; Provide a welcome package and prepare the trust deed and rules and investment contract; Conduct initial systems set up and update client databases;
• Notify accounts regarding assigned agents and prepare member booklets
• Prepare customized reports for clients.
• Ensure deposits and withdrawals are correctly posted and that the correct amounts are applied.
• Manage and monitor deposits; Ensure the timely collection of deposits and liaise with clients regarding outstanding amounts.
• Manage client information on the database; Inform or remind Clients of data to be submitted and communicate with clients about the receipt of, or need for additional information.
• Maintain the plan Records; Ensure accurate maintenance of plan files and member records; Maintain the contribution record for each member of the plan; Ensure the maintenance of temporary current files.
• Calculate and collect all administrative charges.
• Perform other related duties assigned from time to time.

Academic Qualifications/Specialized Skills/Competencies:

• Bachelor’s degree in Accounts or Mathematics, or an equivalent qualification from a recognized tertiary institution
• Loma level I or certificate in other industry specified courses.
• Three (3) years experience in a similar capacity.
• Excellent communication skills
• Good time management skills
• Sound knowledge of standard personal computer software applications including spreadsheets and word processing applications
• Ability to understand and utilize pension specific software

If this role is of interest to you kindly submit an application via this career portal no later than September 25, 2020.

While we appreciate all applications, only shortlisted applicants will be contacted.

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Administrative Assistant - New Business (Kingston, JM) - Sagicor Life Jamaica

 Sagicor Life Jamaica Limited is seeking to identify a suitable candidate to join our New Business team in the capacity of,

Administrative Assistant 

The selected candidate will provide secretarial and administrative support to the Assistant Vice President, at a level that will enhance the effective operation of the New Business, Underwriting and Paramed Departments and the achievement of the goals and objectives.

Key Duties and Responsibilities:

• Perform secretarial and administrative functions for the AVP for the New Business, Underwriting & Paramedic Department. This includes; providing administrative support to the Manager/Assistant Managers in the day to day activities of the various units.
• Receive, screen and forward incoming calls as appropriate, and make outgoing calls per the AVP/Departments’ request where applicable; Coordinate local/overseas travel arrangements; Organize departmental and management meetings/functions and prepare minutes; Draft correspondence for review by AVP et al;
• Maintain a proper filing system; Assist in keeping the Department’s procedural manual up-to-date; Log and track outstanding matters requiring the AVP’s attention; Monitor and maintain Department’s stationery supplies.
• Prepare the departmental activity report for submission to the Assistant Vice President; Collate monthly reports using data from Unit Reports submissions; Submit weekly reports; Prepare monthly Attendance/Leave Summary Report for submission to the Human Resource Department;
• Submit Leave Requisition forms to the Human Resource Department; Prepare registers for the department.
• Prepare NBUP Departmental monthly activity report for submission to the Assistant Vice President.
• Prepare and dispatch medicals to doctors; Prepare letters for Underwriting Manager’s signature; Dispatch medicals to doctors by mail or email; File copies of letters dispatched to medical doctors.
• Prepare and dispatch Postpone/Decline Letters; Prepare letters for Underwriting Manager’s signature; Prepare memo and dispatch letters accompanied by cheque to branches and letters without cheques to clients.
• Dispatch copies of letters to the Records Management Department for filing
• Prepare and dispatch exclusion clauses: Prepare Exclusion Clauses as requested by the Underwriting Department; Dispatch exclusion clauses as instructed by Underwriters.
• Return Incomplete Medical Reports to Medical Examiner for completion and follow-up; Return Incomplete Medicals to doctor as requested by the Underwriting Department; Follow-up as necessary to have report completed and returned to Underwriter.
• Prepare Approval/Rejection/Responses to applications for addition to Underwriting Panel of Doctors; Prepare letter of approval/rejection for addition to the Underwriting Panel of Doctors listing for signature by Chief Medical Officer; Dispatch letter and accompanying documents to doctors; Update Panel of Doctors Listing as required; Prepare advisory for changes to the Panel for dissemination.
• Assist in requesting Inspection/ Business Reports from the Inspection Company.
• Assist in budget preparation and review for expense management.
• Preparation of Memorandum requesting reimbursement for the New Business, Underwriting and Paramedic Departments.
• Make arrangements for Department members to attend conferences and seminars.
• Maintain the Motor Car Expense file for the Assistant Vice President and Chief Underwriter.
• Update job descriptions for the New Business, Underwriting and Paramedic Departments, as well as branches, as necessary.
• Create/Amend Application Forms and Questionnaires as the need             arises.
• Prepare and dispatch fee requisitions and renewal letters for magazine and association membership for staff in the Department.
• Handle all the processing of incoming bills to be processed by Corporate Accounts.
• Perform other related duties assigned from time to time.

Academic Qualifications/Specialized Skills/Competencies:

• Diploma in Secretarial Studies or an equivalent qualification from a recognized tertiary institution.
• LOMA (Parts 1 & 2).
• Two (2) years’ experience in a secretarial position.
• Basic knowledge of Life Insurance Operations.
• Ability to communicate effectively in both oral and written formats.
• Ability to type fifty (50) words per minute.
• Good organizational, problem-solving and time-management skills and a high level of initiative and flexibility.
• High degree of interpersonal skills including tact and confidentiality.
• Knowledge of office procedures, record and file management.
• Computer literacy and proficiency in computer software packages including Microsoft Word, Excel and PowerPoint.

If this role is of interest to you kindly submit an application via this career portal no later than Friday, September 25, 2020.

While we appreciate all applications only shortlisted applicants will be contacted.

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Financial Advisor – Corporate Circle (Kingston, JM) Sagicor Life Jamaica Ltd.

 Sagicor Life Jamaica Limited seeks persons for the position of Financial Advisor with the Senators Branch. The position requires at least 6 CXC/GCE O'Level subjects, a valid Driver's License and a reliable motor vehicle. Please indicate interest by September 30, 2020.

SAGICOR LIFE JAMAICA LIMITED

Financial Advisor – Corporate Circle

Reporting to the Branch Manager, the successful candidates will be required to:

• Market the company's products and services
• Develop and maintain strong client relationships and provide value-added service

 Academic Qualifications and Experience:

• Tertiary-level education would be an asset but is not required 
• Minimum of six (6) CXC/GCE O'Level subjects including a numeric subject 

Special Knowledge and Competence:

• Excellent customer service and teamwork skills
• Ability to communicate effectively, both orally and in writing
• Sound knowledge of PC application software
• Ability to multitask
• Good interpersonal and negotiation skills
• Ordinary Long Term and Equity Licenses would be asset
• Previous sales training and experience would be an asset, however, training will be provided
• Have valid Driver’s Licence and own a reliable motor vehicle

The company offers attractive commission-based remuneration and excellent fringe benefits including Bonuses, Health, Pension and Group Life Insurance, flexible working hours and an opportunity for career advancement when qualified.

Should this position be of interest to you, please email a current resume along with an application letter to the indicated email address by September 30, 2020.

Only Shortlisted candidates will be contacted.

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