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: 24 September 2025
Nambawan Super Limited (NSL) is currently seeking to recruit a suitably qualified and highly motivated individual for the position of Risk Officer on a Fixed Term basis, for a period of 12 months. This position is based in Port Moresby and reports to the Manager Risk, under the Risk and Compliance Department.
Are you skilled at spotting potential risks before they become problems? Do you enjoy analysing data, providing insights, and strengthening business resilience? If so, this is your opportunity to make a real impact as a Risk Officer.
Key responsibilities
- Proactively identify, assess, and monitor operational, financial, investment and strategic risks.
- Work with business units to mitigate identified risks in a timely manner.
- Continuously monitor the fund's risk exposure and the effectiveness of existing controls.
- Assist in the development and regular review of the fund’s risk management framework.
- Promote a strong risk-aware culture across the organization through training and guidance to staff.
Skills & Experience
- Degree in Law, Finance, Accounting or related fields.
- 3-5 years’ experience in risk management, audit or corporate governance preferably within the financial services or superannuation industry.
- Strong understanding of corporate governance, risk management, and internal control frameworks
- Strong analytical skills with the ability to conduct risk profiling, stress testing and scenario analysis.
- Excellent written and verbal communication skills, with the ability to present complex information.
- Possess diplomacy, meticulous attention to details, good organisational & management skill as well as very good interpersonal skills.
- 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 your application consisting of a cover letter, resume & credentials including 3 current referees to email: recruitment@nambawansuper.com.pg
Application Close: Wednesday, 08 October 2025.
NOTE: Only shortlisted candidates will be contacted for an interview.
“Nambawan Super is an equal opportunity employer and offers attractive salary package commensurate with qualification and experience”.
