Retirement Funds Administration Specialist

Discovery Limited; Sandton; On-site; ZAR 420,000 - 720,000; Full time

Job summary

Discovery Limited is seeking a meticulous Retirement Funds Administrative professional to manage daily administration, reconciliations, and compliance across Umbrella Funds and group risk products. The role emphasizes accuracy, proactive improvement, and strong stakeholder engagement.

You'll work within a regulatory framework, maintain data quality, and support continuous process enhancements while coordinating with internal teams and external brokers to deliver reliable service.

Qualifications

• Matric with emphasis on accuracy and data handling.
• Experience with Retirement Funds Umbrella/Group risk beneficial.
• Advanced Excel and MS Office skills.
• Exposure to Compass a plus.

Responsibilities

• Handle day-to-day administration of Retirement Funds and Umbrella schemes.
• Perform monthly contribution reconciliations and associated calculations.
• Ensure compliance with Pension Funds Act, Tax Act and fund rules.
• Respond to internal queries and maintain client communications.
• Prepare and update monthly operational reports for management.
• Build and maintain strong relationships with brokers and stakeholders.

Skills

Attention to detail

Very organised

Communication skills

Reporting skills

Interpersonal skills

Compass exposure

Education

Matric - essential

NQF level 6 advantageous

Wealth management qualifications - advantageous

Retirement Funds operations knowledge

Tools

MS Office / Excel

Job description

Discovery Limited is seeking a meticulous Retirement Funds Administrative professional to manage daily administration, reconciliations, and compliance across Umbrella Funds and group risk products. The role emphasizes accuracy, proactive improvement, and strong stakeholder engagement.

You'll work within a regulatory framework, maintain data quality, and support continuous process enhancements while coordinating with internal teams and external brokers to deliver reliable service.