Pension Administrator – Nairobi at CIC Insurance
CIC Insurance
- Nairobi
- Permanent
- Full-time
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- Company:
- Location: Kenya
- State:
- Job type: Full-Time
- Job category:
- To manage the existing pensions schemes;
- Attend Board of Trustees meeting as the administrator and take minutes when required and generally advise the Trustees;
- Attend Board of Trustees meeting and present the Fund Administrators report;
- Attend the Annual General Meetings of members and take minutes when required;
- Attend the annual General Meeting of the members and present the Fund Administrators Reports;
- Ensure Compliance with Retirement Benefits Authority and KRA on various pension schemes, including licensing by RBA;
- File various returns with RBA including quarterly returns;
- Guide new schemes in the registration process with RBA & KRA;
- Main record of member contributions, update the member statements and issue the statements at the end of the year to members;
- Calculate withdrawal benefits for members leaving the scheme;
- Assist in drafting of the Trust Deed & Rules and updating from time to time;
- Record keeping both soft files and hard files as necessary;
- Train Trustees & Members in the schemes; and
- Any other relevant duties as assigned from time to time
- Bachelor's degree in a business in a related
- Progress towards Qualification in IIK or ACII
- Minimum of Two (2) years' experience in pension administration in the pension sector with at least 1 years of experience in client relationship management.
- Technical competence in insurance and pension administration
- Excellent communication and presentation skills
- Problem solving skills
- Excellent customer care skills
- Excellent interpersonal skills
- Computer literate in MS Office and other office applications
- Basic knowledge of regulations by AKI and IRA
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