Old Mutual Jobs in Pretoria – Death Benefit Allocation Specialist

Website Old Mutual

Job Description:

This role requires expertise in all matters / laws relating to Section 37C of the Pension Funds Act. The individual applies this knowledge, skill & experience (acquired through specialization in this field over many years) in an operational environment through own efforts.

Job Responsibilities:

  • Consistent compliant process execution through the exercise of discretion and sound judgment with regards to investigations and allocations of death benefits.
  • Probing skills & ability to interrogate information through professional interviews.
  • Maintaining a tight case management audit trail in respect of all duties performed (which includes formal report compilation for each case).
  • Consults with legal advisers & the liaison to the Death Claims Sub-committee regarding complex and technical-legal matters.
  • Ad hoc tasks.
  • Sound & defensible reasoning.
  • Ability to understand, interpret & apply various pieces of legislation to sets of facts.
  • Attends to objections received from dependents/nominees/interested parties by writing explanatory letters in which the Pension Funds Act and the benefit allocation decision are explained.
  • Ratification of investigations and recommendations of junior investigators.
  • Complying to the provisions of the Pension Funds Act and the Rules of the Fund.

Job Requirements:

  • Recommendation / decision – making in respect of death benefit allocations & mode of payment.
  • Working knowledge of Old Mutual internal systems (Omunet, Compass, AWD, Craft etc.)
  • At least 5 years’ specialization in respect of Section 37C of the Pension Funds Act in terms of
  • Sharp servicing of all claim stakeholders.
  • Disciplined planning / organizing skills & execution of duties.
  • Matric
  • Detail focused, thorough, analytical, and diligent.
  • Sound consultation, collaboration & influencing skills.
  • Excellent verbal & written communication skills in this field.
  • Identification & investigation of dependants & nominees.

Job Details:

Company: Old Mutual

Vacancy Type: Full Time

Job Location: Pinelands

Application Deadline: N/A

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