Pensions Administration Assistant (Reliever) at KenGen Staff Retirement Benefits Scheme

3 Years
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Company Details
Industry: Banking
Description: KenGen Staff Retirement Benefits Scheme is a Retirement Benefits Scheme that is responsible for providing retirement benefits to permanent and pensionable employees of KenGen PLC upon their retirement or withdrawal from service and to their dependents in the event of death in service. The Scheme is registered with the Retirement Benefits Authority and has in place a wellestablished Secretariat that manages 2 Schemes with fund value of over KES 20 billion.
Job Description

Purpose of the Job

  • The position is responsible for providing support for the general administration of the Scheme by giving administrative and logistic support in all relevant activities and ensuring adherence to guidelines and objectives of the department.

Main Duties and Responsibilities

The duties and responsibilities are:

Operational Roles and Responsibilities

  • Maintain client Scheme records and files, and keeping up to date records for the section’s activities.
  • Support the Pensions Administration Officer in liaising with Scheme members and their dependents.
  • Support the Pension Administration Officer in calculating member benefits.
  • Ensure all standard procedures are adhered to, actions all routine and administrative tasks and respond to clients in a timely manner with relevant and accurate information.
  • Work effectively the Pensions Administration team to support the department’s activities.
  • Provide administrative and logistic support in organizing the Annual General Meeting for Scheme members.
  • Support the Pensions Administration Officer in developing the Scheme’s communication to members.
  • Provide regular updates to the Pensions Administration Officer on work in progress.
  • Assist the Pensions Administration Officer to deal with member queries, both over the phone and face to face.
  • Record minutes for all team meetings in order to identify issues and improve service delivery.
  • Be conversant with roles and processes of internally Administered Schemes ie DB Scheme, DC Scheme and the Income Draw Down Fund.
  • Be well-rounded in benefits calculations parameters and benefits due to members and beneficiaries from DB Scheme, DC Scheme and the Income Draw Down Fund.

Key Result Areas:

The job holder’s accountability areas are outlined as follows;

  • Successful administrative and logistic support
  • Timely resolution of member queries
  • Successful logistical and administrative planning of the AGM
  • Efficient execution of work processes as assigned

Knowledge and Skills Required:

 The job holder must possess;

  • Bachelor degree in Insurance, Business Administration, Actuarial Science or any relevant or equivalent qualifications from a recognised university
  • Three (3) years’ experience in a similar role
  • Relevant Professional Qualifications such as ACII, AIIK or equivalent
  • Familiar with the ERP process and Microsoft Office suite
  • Proficient in the use of accounting systems
  • Impeccable planning and budgeting skills
  • Good understanding of Finance and relevant regulations on Pension Schemes
  • Demonstrated leadership and supervisory skills
  • Good communication, interpersonal and team-building skills.
  • Ability to work under pressure
  • Proven problem-solving skills and knowledge of conflict management.
  • Excellent negotiation skills

 

Salary: Discuss During Interview
Education: Diploma
Employment Type: Full Time

Key Skills

Insurance 
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