Pension Administrator I
Company:
TATIL Life Assurance Limited
Sector:
Financial Services
Country:
Trinidad and Tobago
Location(s):
Newtown, TT
Job Function:
Banking / Insurance
POSITION SUMMARY
Assures the regulatory and contractual compliance of pension plans through the maintenance of databases, preparation and payments of benefits and providing professional support to all stakeholders.
KEY ACCOUNTABILITIES
- Responsible for the securing, protecting and proper handling of all confidential matter.
- Maintaining the membership, contributions and benefit databases of pension plans.
- Record contribution income, benefit outgo, and fee payments for a pension plan’s Revenue and Expenditure accounts.
- Preparation of retirement, termination and death benefit calculations and packages for pension plans.
- Preparation of periodic membership, contribution and activity reports for the company, clients and trustees.
- Maintaining the payroll databases on the company’s payroll software systems, providing periodic reports and reconciliations.
- Perform basic income tax computations that are consistent to income tax regulations.
EDUCATION & QUALIFICATIONS
Associate degree from an accredited college/university in Actuarial Science, Business, Economics, Finance, Mathematics, or Statistics
EXPERIENCE
At least one year experience in the Financial Services Industry would be an asset