BDO\u2019s global organisation extends across 167 countries and territories, with 88,120 people working out of 1,617 offices \u2013 and we\u2019re all working towards one goal: to provide our clients with exceptional service. Our firms across the organisation cooperate closely and comply with consistent operating principles and quality standards.<\/p>\n
At BDO, we believe in investing in our people to help them grow, both professionally and personally. The foundation of our business is strong relationship, with colleagues, clients and other stakeholders and we work hard every day to make this a reality. Our commitment is to create unlimited growth by giving our people continuous opportunities.<\/p>\n
BDO South Africa has a vacancy for an Employee Benefits Consultant in our Cape Town offices, reporting to the Director of Employee Benefits.<\/p>\n
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Job Title: Employee Benefits Consultant<\/strong> Job Summary:<\/strong> Processing of Scheme:<\/strong> Board of Management Meetings:<\/strong> Investments:<\/strong> Member Communication:<\/strong> Daily Client Maintenance\/Service:<\/strong> Best practice:<\/strong> Requirements:<\/strong> Experience:<\/strong>
\nLocation:<\/strong> Cape Town, Western Cape, South Africa
\nReference #:<\/strong> EMB_01
\nContract Type:<\/strong> Permanent
\nSalary:<\/strong> Market Related<\/p>\n
\nAnnual Review of Scheme Benefits:<\/strong>
\n\u2022Advise to client on appropriate benefits in line with market and Clients Industry
\n\u2022Obtain quotes from market place and conduct full Costing and benefit Analysis
\n\u2022Audit the current benefits to specific Industry including costs<\/p>\n
\n\u2022Installations and Amendments to benefits within required Service Level Agreements (SLA’s)
\n\u2022Maintain Fund and Risk Rules
\n\u2022Ensure that risk and retirement data tie up to rules
\n\u2022Obtain Investment strategy document
\n\u2022Prepare member communication
\n\u2022Submit to FSB
\n\u2022New entrant\/existing client communication packs<\/p>\n
\n\u2022Take, type and send minutes to clients
\n\u2022Setting annual dates for Board of Management meetings with clients and all participants
\n\u2022Action all items from Minutes
\n\u2022Provide Board training as and when required
\n\u2022Monitoring and ensuring risk benefits are structured correctly
\n\u2022Member communication on change of benefits<\/p>\n
\n\u2022Monitor Investment Performance \u2013 against Peer Benchmark as well as costs and appropriate Investment Strategy
\n\u2022Ensure switch forms are completed correctly and processed<\/p>\n
\n\u2022Ensure member booklet is accurate
\n\u2022Ensure accuracy of benefit statements
\n\u2022One-on-one retirement planning & member education
\n\u2022Drafting presentations and newsletters
\n\u2022Letter of investigation\/ financial advice<\/p>\n
\n\u2022Issuing standard documents, such as quarterlies, surveys, legal updates etc. timeously to clients
\n\u2022Prepare and manage reports and documents
\n\u2022Following up queries and resolving problems of clients, members and pensioners Provide advice pertaining to employee benefits, risk, governance and compliance, investments, legislation and pending changes which could impact on each particular benefit programme<\/p>\n
\n\u2022Maintain expected performance standards each month, ensuring and adhering to the required monthly recons, timekeeping and attendance standards
\n\u2022Ensure accuracy and completeness of all tasks performed within service level agreement
\n\u2022Regular client interaction on a professional and effective manner on both verbal and written communication
\n\u2022Perform additional ad-hoc tasks as and when required across the client service centre to meet commitments made to clients
\n\u2022Remain abreast of new innovations and technologies in the industry
\n\u2022Contribute towards team efficiency and team dynamics\/spirit
\n\u2022Development knowledge of the employee benefits industry and investment matters Acquaint oneself with relevant legislation i.e. Pension Funds Act, Taxation, FAIS Act etc.<\/p>\n
\nQualifications:<\/strong>
\n\u2022RE5 and FSP Approved licensed Representative in the following categories
\n– Long Term Category
\n-Retail Pension Benefits
\n-Pension Funds Benefits
\n-Collective Investment Schemes
\n\u2022CFP or similar qualifications \/ NQF level 5 minimum<\/p>\n
\n\u20223 or more years consulting experience in Employee Benefits<\/p>\n