Vacancy: Pension Administrator
The Company: We are a pioneering dynamic Insurance Company introducing a new and exciting ethical perspective to the Insurance market in Kenya and the region.
The Company: We are a pioneering dynamic Insurance Company introducing a new and exciting ethical perspective to the Insurance market in Kenya and the region.
Founded
in the year 2008, The Company is the first fully fledged ethically based
operator in East and Central Africa. We are founded on ethical principles and
justice.
Our Umbrella Pension scheme requires the service of a qualified, experienced,
competent and highly motivated individuals to fill the position of Pension
Administrator.
Job
Purpose: To
establish, develop, market and administer pension business as per the
requirements of the stakeholder and regulator
Key Tasks, Duties and Responsibilities
Key Tasks, Duties and Responsibilities
- General
administration of the scheme to ensure smooth running and in accordance
with the Trust Deed and Rules.
- Establish
and maintain high quality accounting and financial management services for
the pension scheme.
- Maintain
all pension records, including information on employer and employee
contributions.
- In
consultation with the Trust Secretary, organize Board of Trustee meetings,
bank cheques, obtain bank statements and maintain all payment records.
- Arrange
and make follow ups on annual audit of the schemes ‘accounts.
- Process
benefits to retiring pension scheme members.
- Process
benefits to the beneficiaries of a deceased pension scheme member.
- Arrange
for scheme members’ Annual General Meetings (AGM).
- Ensuring
that certain plan information is available to those who are entitled to
receive it, and that the information is accurate and complete, and
provided within the timeframe specified in the regulations
- Providing
plan beneficiaries with information about their rights and
responsibilities in respect to the pension plan.
- Providing
plan beneficiaries with information and documents that are required to be
disclosed under the regulations.
- Determining
plan beneficiaries’ entitlements under the pension plan
- Manage
and interface with various service providers for optimal operation of the
Scheme
- Comply
with RBA requirements and ensure timely submission of RBA reports
Person Specifications
Academic Qualifications
Academic Qualifications
- Bachelor’s
degree in Business Administration / B. com
Professional Qualifications
- CPA
Experience
- 5
years’ experience in pension’s scheme administration
How to Apply
Application letters and copy of current CV in one document with names and address of three referees clearly titled “APPLICATION FOR PENSION ADMINISTRATOR” should be sent by email to hr@takafulafrica.com so as to reach the HR& Administration Manager on or before April 15, 2016 at 5pm.
