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- Open Jobs
- CEO and Trust Secretary
- Pensions Administration Officer
- Assistant Pensions Administration Officer
- Pensions Administration Assistant (Reliever)
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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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