Senior Pensions Officer Income Drawdown Fund Job in Kenya

SENIOR PENSION OFFICER INCOME DRAWDOWN FUND – 1 POST

Job Summary

The Senior Pensions Officer shall be responsible for the effective administration of the Income Drawdown Fund. The job will entail maintenance of members biodata, processing of monthly drawdown payroll, issuance of benefits statements, and handling member related matters.

Key Responsibilities

  • Identification and implementation of strategies aimed at growing the IDDF.
  • Proactively participating in the review of the IDDF Strategic Plan, IPS, and annual plans.
  • Development of training and information materials for use in educating and creating awareness of IDDF amongst in-service members.
  • Ensuring effective delivery of services to the IDDF members
  • Handling the day-to-day activities of the IDDF
  • Maintenance of updated, accurate and complete IDDF members biodata.
  • Processing of monthly drawdown payroll
  • Issuance of benefits statements showing amount committed into IDDF, rate of draw down, interest credited to members account, amount drawn and available balance.

  • Providing regular and periodic updates to the IDDF members on topical issues.
  • Preparation, control, and monitoring of the annual IDDF budget
  • Liaison with other Fund functions including finance, ICT, and legal department to ensure smooth operations of the IDDF.
  • Preparation of quarterly administration reports and any other IDDF reports as may be required from time to time.
  • Attending to any other duties and responsibilities as shall be assigned from time to time.

Candidate Profile

For appointment to this grade, an officer must have: –

  • Bachelor’s Degree  in  actuarial  science,  Economics,  Management,  Insurance, Finance, Statistics or related discipline from a reputable university.
  • Good understanding of pension matters
  • Good understanding of laws relating to pension matters
  • Proficiency in IT
  • Served in a relevant or comparable position in a reputable organization for a minimum period of five (5) years;

In addition, the candidate should demonstrate the following personal traits and competencies;

  • Interpersonal and cross-cultural skills, including ability to build collaborative relationships with sensitivity to diversity/inclusion.
  • Creativity and innovation skills.
  • Action oriented and demonstrated ability to manage priorities
  • Quality focus and attention to detail.
  • Professionalism and integrity in line with Kenya Power Pension Fund values.
  • Good oral and written communication skills.
  • Critical and analytical thinking and problem solving skills.
  • Personal motivation and drive exhibited through commitment to hard work, continuous improvement, and achievement of goals.
  • Good customer relationship management skills (internal and external customers).
  • Risk awareness and focus – demonstrate understanding of risk management practices, standards and regulatory requirements

How to Apply

Interested and qualified candidates are advised to visit the Fund’s website for detailed job descriptions for the roles at www.kppf.co.ke/careers/Applications should be submitted through : https://e-recruitment.kppf.co.ke to be received not later than. Wednesday 25th January, 2023.

Please attach your Curriculum Vitaecopies of certificates and other relevant testimonials indicating your current and expected gross pay, your telephone numbers, email address, names, and addresses of three (3) professional referees.

Successful applicants will be required to undergo integrity and security background vetting.

Canvassing will lead to disqualification. Only shortlisted candidates will be contacted.

KPPF is an equal opportunity employer.