Kenyan Alliance Insurance Pensions Administration Supervisor Job Vacancy

Aug 23, 2016

Kenyan Alliance Insurance Company Ltd
 

Supervisor - Pensions Administration
 

Overall Responsibility: The
primary responsibility of this function is to ensure Pensions business
is correctly and efficiently administered and clients are given superior
service.

Key Responsibilities

• Ensure timely collection of  pensions contributions


• Ensuring new contributions are correctly and timely captured in the system


• Timely and correct allocation of members’ contributions 


• Ensuring withdrawal and annuity payments are processed on time


• Preparing of pensions  scheme fund statements


• Maintaining
  accurate records for the retirement benefits schemes (Deposit
  Administration, Personal Pension Plan, Umbrella Scheme and Annuity
  business)


• Providing
  superior services to Retirement Benefits clients; making regular visits
  to clients and preparing reports for the clients.


• Liaising with the Trustees, RBA, KRA and other relevant service providers to ensure that the schemes are compliant at all times


• Timely audit of schemes and filing of accounts


• Ensuring Trustee meetings and annual General Meetings for each scheme are held


• Preparing and sending minutes of the Trustee and AGM meetings


• Prepare and make presentations in Pensions BOT’s  meetings and AGM


• Timely preparing and dispatch of member statements


• Preparing of legal documents for new pension accounts


• Timely processing of agents commission


• Coordinating external pension audits


• Supervision of pension administration team

Skills

Academic and professional Qualifications

• Bachelor degree in Insurance, Finance, Accounting, Mathematics / Statistics / Actuarial Science or related field


• Diploma in Insurance ( AIIK, CII)

Experience

• At least 5 years’ experience in Group Life and Pension Administration


• Knowledge
  of pension industry and insurance administration  & good
  understanding of RBA regulations and KRA requirements of pension funds

Attributes

• Ability to produce timely and quality reports


• Ability to understand and utilize financial reports


• Detail oriented team player


• Excellent communications skills


• Good presentation skills

How to Apply

If
you wish to apply for this position, please email a detailed CV and
cover letter clearly indicating ‘Supervisor-Pensions Administration’ on
the subject line to Hr@Kenyanalliance.com demonstrating why you would be
the ideal candidate by 31st August, 2016.

Only shortlisted candidates shall be contacted.