Summary
Date Posted: Thursday, June 16, 2022 , Base Salary: Not Disclosed

JOB DETAILS:
The Pension Officer will primarily ensure that schemes operate effectively and meet performance, quality and customer care targets, and, promote uptake of the existing pension products and services.

RESPONSIBILITIES
• Ensure that schemes operate effectively and meet performance, quality and customer care targets, as well as complying with industry standards
• Promote uptake of the existing pension products and services
• Engage with different stakeholder departments at the management level with the purpose of implementing the identified solution. Stakeholders include Actuaries, Trustees, Sponsors/Founders, and, regulators etc.
• Build solid, robust and pertinent communication channels with members and stakeholders that allows feedback and complaints are acted upon consistently and efficiently
• Work with the Portfolio Management team to ensure all pension products are being invested prudently and regular reports are prepared in time for both internal and external use
• Carry out member education and sensitization forums to ensure members are conversant with pension matters
• Establishing and maintaining regular contact with current and prospective clients as well as service providers who are gatekeepers to institutional fund business e.g., pension fund administrators among others
• Stimulate increased production of the incumbent financial advisors through innovative training on sales techniques and consistent product training and when applicable, collaborate in recruiting and onboarding highly capable business intermediaries/Relationship managers
• Carry out regular reconciliation of pension data belonging to clients
• Keep up to date with current statutory regulations and monitor changes in the legal situation for pensions providers and developments in pension provision in order to ensure the optimum performance of the fund
• Perform other duties as may be assigned from time to time

REQUIREMENTS
• Bachelor’s Degree in business related field, must have attained a Second Class Upper Division and above
• B+ and above in KCSE or equivalent
• At least 3 years’ experience of relevant experience and a demonstrable track record in the pension administration and/or closure of business development targets in their historical work experience
• Must have a good understanding of Finance and relevant regulations on Pension schemes
• Strong communication skills (both written and oral)
• Experience in the Preparation of Investment Policy Statements (IPS) for Retirement Benefits Schemes is an added advantage
• Covid-19 vaccination certificate
Closing Date: June 30th, 2022

Work Hours: 8

Experience in Months: 36

Level of Education: Bachelor Degree

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