Jobs Career Advice Signup
X

Send this job to a friend

X

Did you notice an error or suspect this job is scam? Tell us.

  • Posted: Nov 17, 2021
    Deadline: Not specified
    • @gmail.com
    • @yahoo.com
    • @outlook.com
  • Old Mutual Kenya is based in Nairobi and is part of a larger group that offers solutions in long-term savings, asset management and investment. We offer solutions to individuals and corporates underpinned by our core values which are: Respect, Integrity, Accountability and Pushing beyond boundaries.
    Read more about this company

     

    Team Leader (Pension Administration)

    Job Description

    To engage pension scheme trustees and manage the relationships of the said stakeholders in respect to retention of pension, retirement benefits and annuity business.
    Stakeholder engagement such as pension administrators and regulators.

    KEY TASKS AND RESPONSIBILITIES

    • Responsible for ensuring all scheme under the portfolio are in compliance with the relevant laws governing pension funds i.e. RBA Act, Insurance Act, Income Tax Act, Trust Law, Unclaimed Financial Authority Act , Scheme Trust Deed and Rules, Common Law.
    • Ensure Daily administration of the scheme is handled in accordance with the relevant laws governing pension funds i.e. RBA Act, Insurance Act, Income Tax Act, Trust Law, Scheme Trust Deed and Rules, Common Law.
    • Overseeing the preparation and presentation of the quarterly administration reports, investment reports and management accounts for the schemes under our portfolio at the quarterly Board of Trustees meetings, or to the sponsor as requested by the clients.
    • Responsible for monitoring and reporting the investments of the deposits administration fund and ensuring scheme funds are invested within the guidelines as provided in the investment policy Statement
    • Responsible for conserving existing clients and support the business acquisition team in growing the pension portfolio.
    • Using forums such as schemes’ annual general meetings, to carry out member education on the schemes’ features, budget changes and implications to the retirement benefits industry.
    • Ensuring client statements get to them withing the RBA guided timelines.
    • Manage the operations officer to ensure all customer data is captured and reviewed monthly for compliance
    • Ensure Pay out to pensioners/members is done withing the RBA guidelines
    • Manage all reporting for the Unit and represent in Operations forum
    • Giving regular feedback to company management on the available opportunities, industry trends, and benchmarks to enhance business conservation and growth

    SKILLS AND COMPETENCIES

    • Solid background in providing Financial Advice with experience in dealing with Pensions and Investments directly with client facing experience.
    • Understanding relevant Legislation
    • Excellent Market Knowledge
    • Excellent organizational skills along with attention to detail.
    • Keeping abreast of ever-changing pensions legislation and its effects on the group life & pension Schemes within the country
    • Proficient in pensions administration
    • Ability to deliver results when objectives are set
    • Excellent relationship management and networking skills
    • High level of initiative and self-motivation
    • Ability to work independently while demonstrating excellent team working skills
    • Resilience to cope with pressure of working in a fast paced, dynamic and rapidly changing customer expectation
    • Must be an “upwardly mobile” individual who has formed quality networks with people of means.
    • Ability to communicate effectively with Senior Level Executives (written and verbal).
    • Strong project planning skills Assist with special projects and follow through until completion

    Strong negotiation skills

    • Solid background in providing Financial Advice with experience in dealing with Pensions and Investments directly with client facing experience.
    • Understanding relevant Legislation
    • Excellent Market Knowledge
    • Excellent organizational skills along with attention to detail.
    • Keeping abreast of ever-changing pensions legislation and its effects on the group life & pension Schemes within the country
    • Proficient in pensions administration
    • Ability to deliver results when objectives are set
    • Excellent relationship management and networking skills
    • High level of initiative and self-motivation
    • Ability to work independently while demonstrating excellent team working skills
    • Resilience to cope with pressure of working in a fast paced, dynamic and rapidly changing customer expectation
    • Must be an “upwardly mobile” individual who has formed quality networks with people of means.
    • Ability to communicate effectively with Senior Level Executives (written and verbal).
    • Strong project planning skills Assist with special projects and follow through until completion
    • Strong negotiation skills

    QUALIFICATIONS, KNOWLEDGE & EXPERIENCE

    • Bachelor’s degree in business or related discipline.
    • Progress in Insurance Professional Papers
    • TDPK and Certified Pension Analyst will be an added advantage
    • Minimum 5 years’ experience in Pensions Administration

    Method of Application

    Interested and qualified? Go to Old Mutual Kenya on oldmutual.wd3.myworkdayjobs.com to apply

    Note: Never pay for any training, certificate, assessment, or testing to the recruiter.

  • Send your application

    View All Vacancies at Old Mutual Kenya Back To Home

Subscribe to Job Alert

 

Join our happy subscribers

 
 
 
Send your application through

GmailGmail YahoomailYahoomail