Administrative Officer – Group Pension –Umbrella Fund at Kenindia Assurance Company Limited in Nairobi, Kenya

    Kenindia Assurance Company Limited logo

    Administrative Officer – Group Pension –Umbrella Fund

    Kenindia Assurance Company LimitedNairobi, Kenya

    Posted

    4 days ago

    Apply by

    28 Aug

    Full Time
    On Site
    Entry
    Banking, Insurance & Financial Services
    Admin & Office

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    Job Description

    The Administrative Officer – Group Pension – Umbrella Fund is responsible for the efficient administration of assigned corporate sponsors under the Kenindia Umbrella Retirement Fund. The role ensures accurate and timely processing of member contributions, maintenance of member and sponsor records and reconciliation of scheme accounts, regulatory compliance, and effective client relationship management. The officer also coordinates governance meetings, member education programs, regulatory reporting, and corporate sponsor engagements while ensuring compliance with the Retirement Benefits Act, RBA Regulations, Trust Deeds and Rules, Service Level Agreements SLAs, and internal policies.

    Key Responsibilities

    • Efficient administration of assigned corporate sponsors under the Kenindia Umbrella Retirement Fund.
    • Accurate and timely processing of member contributions.
    • Maintenance of member and sponsor records.
    • Reconciliation of scheme accounts.
    • Ensuring regulatory compliance.
    • Effective client relationship management.
    • Coordinating governance meetings, member education programs, regulatory reporting, and corporate sponsor engagements.

    Required Qualifications

    • Bachelor's Degree in Insurance, Actuarial Science, Finance, Accounting, Business Administration, Economics or a related field.
    • Diploma in Insurance AIIK or equivalent professional qualification.
    • Progress towards Pension Administration or other relevant professional qualification will be an added advantage.

    Job Details

    Job Function

    Admin & Office

    Education Level

    Bachelor’s Degree

    Area of Study

    Business

    Field of Study

    Insurance

    Additional Information

    How to Apply: Interested and qualified candidates should apply through the Kenindia Assurance Company Limited careers portal at kenindiahr.peopleshr.com.

    Master the Retirement Benefits Act Before You Apply

    This role sits at the intersection of pension administration and regulatory compliance. Hiring managers will probe your grasp of the Retirement Benefits Act and RBA Regulations, so come prepared to show how you've applied them in practice.

    1. Know the regulatory framework: Be ready to discuss the Retirement Benefits Act, RBA Regulations, and Trust Deeds. Mention any experience you have with regulatory filings or compliance audits.

    2. Show your reconciliation skills: Emphasize your ability to reconcile scheme accounts accurately. Provide examples of how you've handled discrepancies in contributions or records.

    3. Highlight client relationship management: This role involves engaging with corporate sponsors. Share instances where you've managed client expectations and maintained strong relationships.

    4. Demonstrate attention to detail: Pension administration demands precision. Give examples of how you've maintained error-free records and processed contributions accurately.

    5. Prepare for governance meetings: You'll coordinate governance meetings. Talk about your experience in scheduling, preparing agendas, and documenting minutes.

    6. Show your commitment to professional growth: Mention any progress toward pension administration qualifications. This shows you're serious about the field.

    7. Understand SLAs: Be ready to discuss how you've met Service Level Agreements in previous roles. Provide concrete examples of meeting deadlines and service standards.

    8. Communicate clearly: You'll be involved in member education programs. Highlight your ability to explain complex pension concepts in simple terms.

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    Tags

    pension administration
    retirement benefits
    regulatory compliance
    client relationship management
    reconciliation