Job Purpose
The Deputy Director, Supervision
(Scheme Risk Management & Actuarial Services) is responsible for risk
assessment of schemes and service providers to ensure stability of the
retirement benefits industry.
Job Requirements
- Bachelors
Degree in any of the following disciplines: finance, law, economics,
commerce, business administration, social security or its equivalent
qualification from a recognized institution;
- Masters
Degree in any of the following: finance, law, economics, commerce,
actuarial science, business administration, social security or its
equivalent qualification from a recognized institution;
- Relevant
professional qualification and membership to a professional body, in good
standing, where applicable;
- At
least ten (10) years’ relevant work experience with at least five (5)
years’ experience in a managerial role;
- A
certificate in a management course lasting not less than four (4) weeks;
- Demonstrated
merit and ability as reflected in work performance
- Proficiency
in computer applications; and,
- Fulfills
the requirements of Chapter 6 of the Constitution
Job Specifications
- Ensuring
the execution of compliance report findings in compliance with the
statutory requirements and preparing management reports.
- Follows
through on recommendations on reserves and surplus distribution strategies
and preparing reports.
- Ensuring
inspection of retirement benefits schemes and service providers and
providing appropriate interventions;
- Managing
and mitigating risks faced by retirement benefits schemes to enable prompt
intervention and corrective action;
- Reporting
on amalgamations, transfers and restructures to ensure that retirement
benefits schemes remain financially sound and member benefits are
protected;
- Preparing
advisory to trustees and members on issues relating to benefits
computation;
- Reviewing
independent actuarial valuations of retirement benefits schemes or cohort
of members on need basis to support decision making;
- Reviewing
prudential guidelines for the retirement benefits industry and
recommending as appropriate;
- Managing
the process of review, development and implementation of the Standard
Operating Procedures in Quality Management Systems of audit
recommendations; and
- Monitoring
and reporting on performance progress and risk mitigation activities.
Key Competencies and Skills
- Strategic
thinking and analytical skills;
- Writing,
communication and reporting skills;
- Managerial
skills and ability to lead teams;
- Mentoring
and coaching skills;
- Interpersonal
skills; and
- Team
player.
Terms of Offer
These positions offer a
competitive remuneration package, excellent opportunity to make a contribution
to the performance of the Authority.
RBA is an Equal
opportunity employer, employer of choice, and all qualified Kenyans are
encouraged to apply.
Note: Only shortlisted
candidates will be contacted and canvassing will result in automatic
disqualification.
How to Apply
Closing Date 20/12/2022