Pension Administrator

Academic and Professional Requirements

Education

•  Bachelor’s degree in a business in a related  
  

Professional Qualifications 

• Progress towards Qualification in IIK or ACII
  

Essential Knowledge/Skills and Experience Required:

• Minimum of Two (2) years’ experience in pension administration in the pension sector with at least 1 years of experience in client relationship management.
  
• Technical competence in insurance and pension administration
  
• Excellent communication and presentation skills
  
• Problem solving skills
  
• Excellent customer care skills
  

Desirable knowledge/skills and Experience Required:

• Excellent interpersonal skills
  
• Computer literate in MS Office and other office applications
  
• Basic knowledge of regulations by AKI and IRA
  

Academic and Professional Requirements

Education

•  Bachelor’s degree in a business in a related  
  

Professional Qualifications 

• Progress towards Qualification in IIK or ACII
  

Essential Knowledge/Skills and Experience Required:

• Minimum of Two (2) years’ experience in pension administration in the pension sector with at least 1 years of experience in client relationship management.
  
• Technical competence in insurance and pension administration
  
• Excellent communication and presentation skills
  
• Problem solving skills
  
• Excellent customer care skills
  

Desirable knowledge/skills and Experience Required:

• Excellent interpersonal skills
  
• Computer literate in MS Office and other office applications
  
• Basic knowledge of regulations by AKI and IRA
  

• To manage the existing pensions schemes;
  
• Attend Board of Trustees meeting as the administrator and take minutes when required and generally advise the Trustees;
  
• Attend Board of Trustees meeting and present the Fund Administrators report;
  
• Attend the Annual General Meetings of members and take minutes when required;
  
• Attend the annual General Meeting of the members and present the Fund Administrators Reports;
  
• Ensure Compliance with Retirement Benefits Authority and KRA on various pension schemes, including licensing by RBA;
  
• File various returns with RBA including quarterly returns;
  
• Guide new schemes in the registration process with RBA & KRA;
  
• Main record of member contributions, update the member statements and issue the statements at the end of the year to members;
  
• Calculate withdrawal benefits for members leaving the scheme;
  
• Assist in drafting of the Trust Deed & Rules and updating from time to time;
  
• Record keeping both soft files and hard files as necessary;
  
• Train Trustees & Members in the schemes; and
  
• Any other relevant duties as assigned from time to time