Sygnia is the fastest-growing multi-management company in South Africa, and wants to hire an intern for our  JohannesburgOffice on a 12 month contract. If you are hardworking, ambitious, and require Industry or retirement fund administration experience this would be the perfect opportunity for you.

• Monthly updating of contributions on the administration system(includes the balancing of contributions, allocating the contributions to each member, loading of new members and exiting of members)

• Following up on outstanding contributions

• Deducting risk premiums and expenses from contributions

• Ensuring that all necessary documentation is received in order to process withdrawal, retrenchment, retirement, death and disability claims

• Reconciliation and payment of risk premiums to insurers

• Investment of contributions received into the appropriate investment portfolios

• Disinvestment from the relevant investment portfolios in order to pay claims

• Applying for tax directives from SARS

• Reconciling the tax directives for the month and making payment to SARS

• Reconciliation of section 14 transfers received and paid and ensuring member records are updated appropriately

• Bank reconciliations

• Investigating and responding to employer and member queries

• Assisting with audit queries

• Checking annual benefit statements and comparing the information to the administration system

• Diploma/Degree in Commerce
• Strong working knowledge of word processing, and spreadsheets (MSWord, Excel)
• An understanding of the South African Retirement Industry is advantageous

• Highly motivated and eager to learn
• Strong Attention to detail
• Team player
• Excellent communication skills

Closing Date:  28 November 2024