JOB DESCRIPTION
The Public Service Commission is inviting applications to fill vacant posts of Partner and Associates in the Pay and Benefits Development and Management Agency within the Public Service Commission Secretariat; as detailed below:
VACANCY ANNOUNCEMENT NUMBER: 12 of 2021: A/V/938/7
JOB TITLE : Associate, Retirement Planning
REPORTS TO : Partner, Retirement Planning
ORGANISATION : Public Service Commission
AGENCY : Pay and Benefits Development and Management
GRADE : G3A/B/C/D
STATION : Head Office
MAIN PURPOSE OF THE JOB
To ensure that retirement planning processes and procedures across the Public Service are well documented, functions efficiently and aligns with corporate standards and strategy.
DUTIES AND RESPONSIBILITIES
- Provides factual information to prospective retirees needed to make a pleasant transition from world of work into retirement.
- Disseminates information on the retirement process including general information about social security and medical care coverage.
- Engages financial planners to assist in development of the training modules that deal with financial planning, investments and estate planning.
- Conducts presentations before employees and beneficiaries regarding the retirement systems rules, retirement benefit plans, policies, procedures, legal requirements, statutes, regulations and benefits.
- Facilitates the acquisition of life skills to prospective retirees needed for optional adjustment to retirement goals.
- Carries out retirement and benefits-related calculations and analysis including repurchase of service, withdrawal of contributions and deferred retirement.
- Researches and recommends appropriate benefits plans and services based on data analysis.
- Develops and maintains records of participants and beneficiaries including active, deferred, retired, and separated members.
- Conducts research in areas identified for policy reviews.
- Administers retirement plans in accordance with PSC guidelines and regulations.
- Maintains knowledge of legal and regulatory changes, trends, and other developments affecting retirement benefits.
- Adheres to principles of retirement Management, Governance and Ethics Frameworks.
QUALIFICATIONS, EXPERIENCE AND ATTRIBUTES
- A Bachelor’s Degree in Insurance and Risk Management, Actuarial Science, Accounting, Finance, or related field.
- A Masters’ Degree in a related field is an added advantage.
- A minimum of two (2) years of relevant professional experience.
- Strong familiarity with Finance and Accounting activities; Compensation and Wage Structure and Benefits Administration
- Demonstrate familiarity with relevant Computer based Pension Payroll applications.
- Strong interpersonal, analytical and organisational skills.
- Good written and oral communication skills and conversant with at least two local languages.
Job Summary
More Information
- Job Application Details How To Apply Application letters, including detailed CVs and copies of certificates (national I.D. card, birth certificate and qualifications) should reach the Public Service Commission by the 21st of January 2022 and should be addressed to: The Secretary Public Service Commission 6th Floor, Social Security Centre Corner Sam Nujoma Street/Julius Nyerere Way HARARE Candidates, [especially women], with relevant long-term experience at senior levels in the private sector or in the non-state enterprises domain within and outside Zimbabwe are encouraged to apply. Please be advised that applications that do not comply with the above requirements will not be considered.