Exciting Career Opportunity
We are looking for a Talented
individual to fill the following position at Orient Life Assurance Limited.
Job Title: Pension Administrator
Location: Head Office
Division / Department: Pensions
Overall Responsibility: The position is
responsible for ensuring timely and efficient administration of retirement
benefits schemes.
This includes but is not
limited to collection and posting of receipts, benefits processing and
preparation of regular management and trustee reports and statutory returns to
the Retirement Benefits Authority.
Key Tasks, Duties and
Responsibilities
- Maintenance of
accurate records of the Scheme members’ particulars including information
on employer and employee contributions
- Provide up to
date balances on Member’s accounts as and when required
- Processing and
payment of all benefits
- Arranging
payments to any third parties
- Maintaining
records of Member transfers
- Arrange and
make follow ups on annual audit of the schemes’ accounts
- Maintenance and
provision of Annual/ Periodic Master Fund Statement to scheme Trustees
- Provision of
Annual/ Periodic Individual Member Statements
- Offering advice
to Trustees and attendance of Trustee meetings
- Ensure Registration
& compliance of the Scheme with both the Retirement Benefits Authority
and Kenya Revenue Authority
- Providing plan
information to all Scheme Members
- Preparing
returns in respect of the Retirement Benefits business as assigned for
submission within the timelines provided
- Arrange for
scheme members’ Annual General Meetings
- Providing
excellent customer service to clients, members and third parties
- Any other
duties assigned by management in line with task.
Requirements
- BSc.
(Mathematics / Statistics / Actuarial Science), BCom, (Accounting) or any
other similar qualification from a recognized university.
- Knowledge of
legislation governing Retirement Benefits and Insurance in Kenya
- Three years’
experience in insurance and or retirement benefits industry and/or
progress in Actuarial professional exams or equivalent examinations.
- Excellent
reporting and presentation skills
- Ability to work
under minimum supervision
- Must have at
least 3-4 years relevant experience in insurance or related field
How to Apply:
If you are interested in the
position and have the required qualifications, skills and experience, kindly
visit our website www.orientlife.co.ke/careers and submit your application on or before
Friday, December 16th 2016.
Only shortlisted candidates
will be contacted
We are an equal opportunity
employer
