Corporate Pension Operations Associate at Britam

Job Purpose:

Undertake pension administration activities to support the achievement of the business unit plan.

Key responsibilities

• Data cleaning and verification for new schemes loading and monthly updates
• Administering and management of the Managed Retirement Funds [MRF]
• Constantly liaising with service providers such as scheme custodians, Finance department, and investment managers to ensure that set timelines are achieved in relation to compensation of member benefits,
• Carrying out statutory compliance of pension schemes with both the Retirement Benefits Authority (RBA) and Kenya Revenue Authority (KRA)
• Maintaining records of contributing members, deferred and current pensioners, provision of annual statements, registration of Scheme with Retirement Benefits Authority (RBA) and Income Tax (KRA)
• Process withdrawals on the Administration system (Fund Master)
• Data cleaning and verification for new schemes loading and monthly updates

Knowledge, experience and qualifications required

• Bachelor’s Degree in business-related field
• At least one year experience in a  similar position 2-4 years’ relevant experience in the insurance industry