Disclaimer

The results obtained from these calculators are for general purposes only to illustrate the effect of compound interest and are not intended as a substitute for professional financial advice. Before making any financial decisions on the basis of these results, you will need to consult with an independent financial planner or accountant as well as consider whether the advice is suitable to meet your personal financial objectives and circumstances.

The actual performance of any investments will depend on future economic conditions, investment management, fees and taxation. Past performance is no guarantee of future performance and as a result of this, all the results are hypothetical and are NOT GUARANTEED.

Nambawan Super specifically disclaims any liability for any direct, indirect, incidental, consequential or special damages arising out of or in any way connected with the access to or use of these calculators. To the extent permitted by law, under no circumstances will Nambawan Super be liable for any loss or damage caused by a user's reliance on the information by using these calculators.

Assumptions

Projected super balance at retirement:

The projected total super balance takes into account your starting balance, employee and employer contributions, any additional voluntary contributions as well as interest earned between now and your retirement.

Retirement age:

We have assumed a default retirement age of 65. This can be adjusted in the calculator.

Working life:

The calculator assumes that you will have a continuous working life with no breaks up to your retirement age.

Interest rate:

The default investment returns have been set at 6.0%. This is based on the Nambawan Super 10-year average interest rate.

Employee contributions:

PNG Superannuation laws dictate that 6% is the mandatory minimum contribution for employees to make. Employees may choose to contribute more than the minimum.

Employer contributions:

PNG Superannuation laws dictate that 8.4% is the mandatory minimum contribution that employers have to make. Employers may choose to contribute more than the minimum.

Job Posted: 9 June 2025

Nambawan Super Limited (NSL) is currently seeking to recruit a suitably qualified, experienced and highly motivated individual for the position of Investigations Officer for its Internal Audit Department based in Port Moresby. The incumbent will be focused on conducting investigations to ascertain facts relating to situations in a fair and thorough manner under the direction of the Head of Internal Audit.

If you are enthusiastic, organised and loves to work in teams and deliver according to expected results, this is a great opportunity to join PNG’s leading Superannuation Fund. 

Key responsibilities
  • Conduct Investigations and verifications for internal business processes. 
  • Conduct external investigations relating to fraud. 
  • Ensure correct updates and reporting of fraud and financial losses. 
  • Record, update and monitor all investigation files. 
  • Provide timely feedback to all clients. 
  • Assist Manager Risk & Compliance to perform Risk Assessments. 
 
Skills and experience
  • Degree in Management Accounting or related fields.
  • 3-5 years’ experience in criminal investigation.
  • Strong analytical skills and attention to detail.
  • Knowledge of Superannuation is an advantage
  • Proficient in Computer software (MS Office suits).
  • Self-reliant, highly motivated and resilient.
  • Must be honest and trustworthy.
  • Able to work under minimum supervision.
  • Must be able to live and work in Port Moresby.

Why join Nambawan Super?
It’s an exciting time to join Nambawan Super, as the Fund continues to invest heavily in new technology and innovation as part of its commitment to transform and improve our member experience. Remuneration offered, commensurate with skills and experience.

To apply for the position, please submit a cover letter outlining why you are suitable for the position, your resume with experience and qualifications. Please email your application & credentials including 3 current referees to recruitment@nambawansuper.com.pg 

Application Close:  Monday, 23 June 2025. 

NOTE: Only shortlisted candidates will be contacted for an interview. This position only open to PNG Citizens.

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