Jobs

Careers at KenGen Staff Retirement Benefits Scheme

  • Contents
  • Open Jobs
    1. CEO and Trust Secretary
    2. Pensions Administration Officer
    3. Assistant Pensions Administration Officer
    4. Pensions Administration Assistant (Reliever)
  • Method of Application

Careers at KenGen Staff Retirement Benefits Scheme

CEO and Trust Secretary

  • Job Type Full Time
  • Qualification BA/BSc/HND , MBA/MSc/MA
  • Experience 12 years
  • Location Nairobi
  • Job Field Law / Legal 

PURPOSE OF THE ROLE

Reporting to the Board of Trustees, the Chief Executive Officer (CEO) will provide strategic leadership to the Scheme while overseeing all day-to-day operations. The CEO will also be responsible for fulfilling the functions of an administrator in accordance with the Retirement Benefits (Administrators) Regulations.

DUTIES AND RESPONSIBILITIES

  • Ensure that the Scheme is run and managed in accordance with the Law and the Trust Deed, Rules and Regulations
  • Provide inspirational leadership and direction to all departments of the Scheme
  • Initiate and co-ordinate formulation and implementation of the Scheme strategic plan
  • Establish an effective system of communication throughout the Scheme
  • Ensure the Scheme remains abreast with industry trends
  • Ensure that the annual report, accounts and other financial statements of the Scheme are prepared within the required
  • Keep trustees abreast of all legal, regulatory and advisory developments affecting pension schemes and general investment
  • Create an enabling environment for service providers to carry out their mandates as provided for by the Trust Deed and Rules
  • On behalf of the Board of Trustees, keep members of the Scheme informed regularly
  • Perform any other duties and responsibilities as may be delegated by the Board of Trustees

ROLE SPECIFICATIONS

  • A Master’s degree in Business Administration, Finance, Commerce, Accounting, Actuarial Science, Law or a related field from a recognized
  • A Bachelor’s degree in Business Administration, Finance, Commerce, Accounting, Actuarial Science, Law or a related field from a recognized
  • Must be a registered member of a relevant professional body with good standing.
  • A minimum of twelve (12) years’ experience in Pension industry, seven (7) of which should be in senior management.
  • Must possess Trustee Development Program (TDPK) certificate from a recognized
  • Must demonstrate strong competencies in Strategic Leadership, Investment Expertise, Governance and Operational Leadership.

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Method of Application

Purpose of the Job

  • The position is responsible for executing all pensions’ administration activities of the department by supporting the Senior Pensions Administration Officer.

Main Duties and Responsibilities

The duties and responsibilities are:

Operational Roles and Responsibilities

  • Assist in Processing the pensioners and dependants’ payroll in the DB scheme and Income Draw Down Fund.
  • Assist in Attending to members, pensioners and dependants complaints/queries are to their satisfaction.
  • Keep track of timely payment of benefits as per the RBA set guidelines.
  • Keep track of group life payments due to the beneficiaries.
  • Ensure that monthly contribution schedules and salaries are received and timely.
  • Ensuring that members contributions are received, reconciled and loaded in the ERP timely.
  • Initiating members and beneficiaries benefits calculations as due.
  • Taking leavers and beneficiaries through their benefits calculations and guiding them on the options due.
  • Ensuring that the widows and orphans account are manage in line with the policy in place.
  • Ensuring that the department data is up to date and securely stored.
  • Custodian of members’ up to date data and ensuring that it is highly protected.
  • Participate in resolution of beneficiaries’ issues by collating the required information.
  • Work with the Pensions Administration Manager and Senior Pension  Administration Officer to prepare death benefits payment proposals.
  • Ensure that data required for from the department by service providers is shared promptly.
  • Ensure members enquiries are attend to timely.
  • Uphold quality customer care to all stakeholders.
  • Conversant with DB Scheme, DC scheme and Income draw down processes.
  • Ensure that information is shared with members, pensioners and beneficiaries as required.
  • Ensure Issuance of member’s statements and other materials.
  • Participate in the logistics for preparing the Scheme’s AGM.
  • Prepare pensioners medical cover proposals and notice of expiry annually.
  • Initiate the benefits payment process for the following types of benefits to members/beneficiaries.
    • Withdrawal benefits
    • Retirement benefits
    • Death in service benefits
    • Death in retirement benefits
    • Deferred benefits
    • Transfer in/out Benefits
    • Immigrant benefits

Key Result Areas:

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

  • Timely and accurate processing of benefits
  • Reduced turnaround time for Scheme administration
  • Accurate and Timely payroll processing for pensioners and beneficiaries
  • Successful accomplishment of the AGM’s agenda
  • Improved annual member and pensioners’ customer satisfaction score by upholding quality customer service
  • Successful onboarding of new members to the scheme
  • Efficiently and effectively execution duties assigned from time to time.

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 recognized university
  • Minimum of four (4) years’ experience in retirement benefits Scheme administration
  • 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.
  • Possess good report writing and presentation skills.
  • Ability to work under pressure
  • Proven problem-solving skills and knowledge of conflict management.
  • Excellent negotiation skills
  • 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
  • Maintain High level of confidentiality
  • Be a proactive team player
  • Have a high level of integrity

The deadline for submission of all applications is on or before 28th November 2025 by 5.00pm

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