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

Academic and professional Qualifications
  • Bachelor degree in Insurance, Finance, Accounting, Mathematics / Statistics / Actuarial Science or related field
  • Diploma in Insurance ( AIIK, CII)
  • 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
  • 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 demonstrating why you would be the ideal candidate by 31st August, 2016.

Only shortlisted candidates shall be contacted.


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