Pension Administrator
Duma Works is recruiting for a
talented individual to fill the position of a Pension Administrator for one of
our clients in Nairobi; a leading financial and investment company.
The individual will be responsible
for ensuring timely and efficient administration of the retirement benefits
schemes in accordance with the Retirement Benefits Authority Act.
Responsibilities
·
Keep clients apprised of product and
service enhancements, including changes in investment options.
·
New Business promoter. Assist sales
representatives with sales presentations, acting as a subject matter expert in
Personal/SME/Corporate pension plans.
·
Knowledge of RBA regulations and the
new NSSF act requirements.
·
Maintenance of accurate records of
the Scheme member’s’ 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.
·
Knowledgeable and proficient in tax
calculation in regard member’s 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.
·
Liaising with the Trustees, RBA, KRA
and other relevant service providers to ensure that the schemes are compliant
at all times.
·
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.
·
Collaborating with IT to fully
develop the Pensions Administration within BRIMS system.
·
Managing of clients’ enquiries and
complaints.
·
Receipting of all contributions and
allocating to respective members.
·
To provide up to date management
reports on monthly basis and periodically as required.
·
To plan for and attend Trustees
meeting and AGM.
·
Preparation of the schemes draft
accounts.
·
Send notifications to employers
contributing to the pension scheme on a monthly basis to ensure that the
contributions made to the pension schemes are up-to-date.
·
Any other duties assigned by
management in line with task.
Qualifications
·
BSc. (Mathematics / Statistics /
Actuarial Science), BCom, (Accounting) or any other similar qualification from
a recognized university.
·
At least 3 years’ experience in the
pension industry.
·
Thorough understanding and knowledge
in Tax computations in regards to operations of the schemes.
·
Presentable, able to communicate
clearly in both English and Swahili.
·
Thorough knowledge of legislation
governing Retirement Benefits in Kenya.
·
Excellent reporting and presentation
skills.
·
Formal training in sales &
marketing will be an added advantage
How to Apply
Send your Cover Letter and detailed
CV to apply@jobs.dumaworks.com marking the subject as “2863”, Your Full name & Phone
number e.g. 2863 Barack Obama, +2547xxxxxxxx. If you don’t follow these
instructions, your application will not go through.
Deadline for receiving applications:
Friday, 16th June 2017
N.B.
* You will receive a confirmation email and an alert to take a basic screening test over SMS or online. The email with the test may not arrive immediately. Please be patient. The email/SMS test will typically be 5-8 questions to help us understand your background. Regular SMS rates apply to the test.
If you apply and don’t meet these
minimum qualifications, we won’t be able to forward your application to the
employer.* You will receive a confirmation email and an alert to take a basic screening test over SMS or online. The email with the test may not arrive immediately. Please be patient. The email/SMS test will typically be 5-8 questions to help us understand your background. Regular SMS rates apply to the test.