Retirement Scheme Associate

Overview

Sagicor Employee Benefits Administrators Limited is looking for a capable team member to support its Pension Services division in the role of Retirement Scheme Associate. This position sits within the Sagicor Lifestyle Approved Retirement Scheme (ARS) Unit and focuses on key administrative tasks related to enrolment, benefit computations, tax exemption requests, pension contribution reconciliation, and contribution uploads.

The role is based in Kingston, Jamaica.

Key duties

• Work out retirement, death, and disability benefit choices, then draft benefit statements for members whose status has changed.
• Prepare payout documentation for clients according to the benefit option selected.
• Handle transfer processing and create transfer statements for both the client and the receiving institution.
• Manage full and partial withdrawals for Group Investment Term (GIT) plans.
• Process death benefits for Group Investment Term plans.
• Match ARS cheques with contribution schedules for assigned companies, upload the contributions into the pension system, and produce the related allocation report.
• Review ARS e-payments against contribution listings for assigned groups, upload them to the pension system, and prepare the allocation report.
• Register members into the Approved Retirement Scheme for assigned groups.
• Maintain beneficiary and demographic updates in the system and issue membership certificates.
• Prepare a weekly summary of transfers from other pension plans or approved retirement schemes into the Sagicor Lifestyle Approved Retirement Scheme.
• Track ad hoc payments and prepare the ad hoc report so refunds are not missed in the month they appear in ARS allocation.
• Submit tax exemption requests for all ARS members.
• Send tax exemption certificates to the relevant employers.
• Carry out any other work-related tasks assigned from time to time.

Requirements

• An associate degree in Economics, Accounting, Mathematics, Business Administration, or a related discipline from a recognized institution.
• Loma Level I or another certificate in industry-specific courses.
• About 2 years of experience in a comparable role will be considered an advantage.
• Strong working knowledge of computer software, including spreadsheets and word processing tools.
• Good communication ability.
• Well-developed organisational skills.
• Ability to manage time effectively.

Additional information

This opportunity is part of a stable and growing financial services environment, with scope for professional development. Applications must be submitted by July 10, 2026. Only candidates who are shortlisted will be contacted.