The role holder will be responsible for coordinating the administration of pension schemes to ensure member satisfaction.
Ensure overall compliance with the RBA regulations for administrators, including renewal of Pension Administration license.
Prepare quarterly administration reports and attend Annual General Meetings and Trustee/Management Committee meetings.
Coordinate with scheme service providers and trustees for smooth running of the schemes.
Update new schemes, new members, beneficiary details and monthly contributions into the system.
Responding to client’s queries/complaints on pension schemes.
Issuing of Schemes’ Fund Value Statements, Members Statements and/or Certificates annually or when required.
Ensure compliance with the regulatory authorities such as RBA, KRA and IRA in matters relating to filing of scheme administration.
Ensure contributions are remitted by participating corporates.
Prepare and process withdrawal (including retirement, resignation, and death in service) benefits for settlement.
Scheme administration of IPP, Occupation Schemes, Umbrella and IDD.
Bachelor’s degree in Actuarial Science or in Commerce, Insurance option from a recognized institution.
Professional qualification in pension management
At least 7 years’ experience in pension administration
In depth understanding of insurance operations and concepts
Knowledge of insurance regulatory requirements
Knowledge of pension administration industry and concepts
Knowledge of Retirement Benefits Authority (RBAs) regulatory requirements Effective business management skills
Demonstrable commercial and financial management experience
Excellent organizational and stakeholder management skills
Adhering to principles and values
Delivering results and meeting customer expectations
Following instructions and procedures
Coping with pressures and setbacks
Relating and Networking
Working with people
Applying expertise and technology
Learning and researching
Presenting and communicating Information
Achieving personal work goals and objectives
If you meet the above requirements, you are encouraged to forward your application and updated CV to
[email protected] by 8th November, 2023. Clearly state the job title on the subject heading.
Liberty is an equal opportunity employer and actively encourages diversity. Please note that only shortlisted candidates will be contacted. Personal data is processed in accordance with Liberty’s Life privacy statement available on our website www.liberty.co.ke.