Discovery SA: Entry Level Administrator – Retirement Funds (2025)

💼 Start your career in financial services! Discovery, South Africa’s leading health and financial services group, is hiring an Entry Level Administrator for its Retirement Funds business unit. This is a fantastic opportunity for detail-oriented individuals to gain specialized experience in retirement fund administration while working for a JSE-listed industry leader.

📍 Position Overview

✔ Job Title: Retirement Funds Administrator
✔ Location: Sandton/Johannesburg (Hybrid options may apply)
✔ Employment Type: Full-time
✔ Experience Level: Entry-Level (5+ years in EB/Retirement Funds preferred)

✅ Why Join Discovery?

✅ Market-leading training in retirement fund management
✅ Career growth in financial services
✅ Competitive salary & benefits
✅ Work with top-tier retirement fund products
✅ Hybrid work model (where applicable)

📋 Key Responsibilities For Discovery SA: Entry Level Administrator – Retirement Funds (2025)

As a Retirement Funds Administrator, you will:

✔ Process monthly contributions and reconcile investments
✔ Handle Section 13A compliance (letters/calculations)
✔ Manage T-Day processes and new member onboarding
✔ Ensure regulatory compliance (Pension Funds Act, Tax Act)
✔ Resolve client/broker queries via email/phone
✔ Prepare management reports
✔ Identify process improvements

YOU CAN ALSO APPLY

Online courses

Department of Employment and labou

General work & cleaners

Security

LEARNERSHIP

BEST JOBS FOR ALL

📌 Minimum Requirements For Discovery SA: Entry Level Administrator – Retirement Funds (2025)

Education:

• Matric (Essential)
• NQF Level 6 or industry qualifications (Advantageous)

Experience:

• 5+ years in Employee Benefits/Retirement Funds (Essential)
• Umbrella Fund experience (Highly Beneficial)

Technical Skills:

✔ Advanced Excel (Pivots, VLOOKUPs)
✔ MS Office proficiency
✔ Understanding of retirement fund operations

Soft Skills:

✔ Exceptional attention to detail
✔ Strong written/verbal communication
✔ Problem-solving mindset
✔ Ability to work under deadlines

💡 Preferred Qualifications For Discovery SA: Entry Level Administrator – Retirement Funds (2025)

• Wealth Management/Retirement Fund certifications
• Accounting/Investment knowledge

📝 How to Apply

⚠️ Applications Open Until Filled

1. Prepare Your Documents:
   • Updated CV
   • Matric Certificate
   • Relevant Qualifications
   • ID Copy
2. Submit Online:
   • Visit Discovery Careers Portal
   • Search for “Retirement Funds Administrator”
3. Interview Process:
   • Telephonic screening
   • Competency-based interview
   • Technical assessment

🏆 Employee Benefits at Discovery

• Medical aid subsidies
• Pension/provident funds
• Performance bonuses
• Continuous learning programs

💼 Career Growth Opportunities

Successful candidates can progress to:

• Senior Administrator
• Team Leader
• Retirement Fund Consultant

🔍 Tips for Applicants

✔ Highlight retirement fund experience in your CV
✔ Prepare for Excel testing (Intermediate-Advanced)
✔ Research Discovery’s umbrella fund products

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Disclaimer: This post shares verified job details. For absolute accuracy, refer to www.discovery.co.za/careers. We are not affiliated with Discovery Ltd.