Pension Manager at Maseno University Retirement Benefits Scheme

Job Purpose:

To provide strategic and operational leadership in implementing Board of Trustees’ vision, mission, strategic plan, policies and resolutions. The ideal candidate will be an excellent communicator with good interpersonal skills and will have strong management, organizational and decision making skills.

Key Responsibilities:

Strategic Leadership, Governance and Board Support

• Provide strategic leadership in implementation of the Board of Trustees’ vision, mission, strategic plan, policies and resolutions.
• Advise and support the Board of Trustees in fulfilling its fiduciary, governance and statutory responsibilities.
• Co-ordinate Board activities, including meetings, trustee development, evaluations, governance reviews and implementation of Board decisions.

Fund Management and Investment Oversight

• Drive growth of Scheme assets, income streams and retirement products in line with strategic objectives.
• Oversee budgeting, financial management, resource allocation and cost control to ensure prudent utilization of Scheme resources.
• Monitor the performance of investments, properties, fund managers, custodians and other service providers to maximize returns.

 Member Service and Stakeholder Expectations

• Oversee the delivery of quality pension administration service and ensure timely processing of member benefits.
• Develop and implement member education, communication, retirement planning and engagement programmes.
• Foster and maintain effective relationships with members, sponsors, retirees, beneficiaries, regulators and other stakeholders.

Risk Management, Compliance and Internal Controls

• Ensure compliance with the applicable legislations.
• Establish and maintain effective risk management, internal control and compliance frameworks across the Scheme.

Operations, Technology and Organizational Development

• Provide leadership in digital transformation, process automation, business process improvement and implementation of technology solutions.
• Develop organizational capacity through talent recruitment and retention, staff performance management, training, succession planning and continuous professional development programmes.

Qualifications and Experience:

• Bachelor’s degree in Business Management, Actuarial Science or any other relevant qualification from a reputable institution.
• Master’s degree will be an added advantage.
• A total of TEN (10) years’ post-qualification experience with at least FIVE (5) years at senior management level in the Pension Sector in an organization with similar scale and complexity.
• Professional qualification in respective field of specialization and membership with relevant professional body.
• A leadership training period of not less than four (4) weeks.
• Demonstrable experience and knowledge in Accounting, Investment Management and Fund Management processes.
• In-depth knowledge of pension laws and regulations in Kenya.

Key Competencies:

• Proven leadership in a public/private pension management organization.
• Demonstrable experience in management of financial portfolio similar to Maseno University Retirement Benefits Scheme.
• Demonstrable stakeholder management experience.
• In-depth knowledge of pension laws and regulations in Kenya.