NMG BENEFITS NAMIBIA 2018-04-19T07:53:42+00:00

Project Description



NMG Group is a global advisory business focused on the financial services sector. The NMG Group which turns 25 this year is made up of three core businesses:

NMG Consulting: A leading multinational consultancy focused exclusively on wealth, insurance and reinsurance markets
NMG Benefits: An employee benefit consulting and administration business
NMG Capital: A private equity business investing in financial services entities

NMG Benefits, the Southern African subsidiary of the NMG Group, is a leading provider of employee benefits advice and services in Southern Africa. Our focus is to provide retirement funds, medical schemes, life insurance companies, employers and employees with specialised advice. With 25 years in existence NMG is the second largest independent healthcare intermediary consultancy in Southern Africa with a portfolio exceeding 110 000 principal members under advice. NMG employs more than 80 professionally qualified consultants, together with wellness and clinical expertise, as well as an actuarial team consisting of 22 qualified professionals and specialists capable of providing a depth of analytical and timely intelligence to clients. NMG Namibia has N$21 billion assets under management and South Africa has R27 billion.

We put this value ahead of any other, as it best describes the people we enjoy working with and the way in which we tackle our goals.

At NMG we see ourselves as part of a team, with shared goals and a common history. We look out for each other and have a collective desire to learn and improve.

Collaboration is what unites and strengthens us, and makes NMG a success.

Make It Count
What drives us is our desire to make a difference, to make our careers count for something, to look back on our achievements and our legacy with conviction and satisfaction. We have a commitment to authenticity and truth, to do work that matters. And we will always be honest with our clients.

Go For It
We foster an environment in which people are comfortable promoting their ideas, and where originality and creativity is valued.

It is our curiosity that will help us create a company filled with exciting ideas and innovative thinking. And in our fast-moving marketplace, it is our curiosity that will ensure we continue to lead, rather than to follow the crowd.

Our approach is to help clients take a complete view of their employee benefits programme to ensure that the relationship between the employer and the employee encourages greater productivity and loyalty, whilst at the same time protecting the future financial security of the business.

At NMG, we recognise that each employer group is unique and therefore our solutions and services are unique. Our services not only include the standard transactional services you would expect to receive from your intermediary, but we also provide you with the consulting expertise and tools to improve the overall health and wellbeing of your employees.

At NMG Benefits Namibia we offer consulting services that include the following:

  • Retirement Fund Actuarial, Investment and Benefit Consulting
  • Tailor made Retirement Fund solutions (in-fund annuities and preservation options)
  • Retirement Fund management and supervision
  • Medical Scheme Actuarial and Investment Consulting
  • Medical Scheme benchmarking and value for money analysis
  • Employer healthcare and wellness models
  • Regulatory and compliance management
  • Employer benchmarking
  • Client specific benefit programs
  • Balance sheet management
  • Strategic planning and management
  • Enterprise risk management
  • Asset/liability matching and investment strategies
  • Post-Retirement Medical Aid (PRMA) and Severance Pay (SP) Liability Valuations
  • Short and Long Term Insurance solutions

NMG Consultants and Actuaries (Pty) Ltd

Gert Grobler
General Manager: NMG Consultants and Actuaries Namibia
Tel: +264 61 237 841/2/3