Kenya Airports Authority Manager – Pensions Jobs
Job Purpose
The job holder will be responsible for assisting the Trust Secretary to the Board of Trustees in initiating, reviewing and developing policy and procedures in compliance with the Retirement Benefits Authority (RBA) Act 1997 and Regulations.
Key Duties and Responsibilities
Advising the Schemes Administrator on members who have joined or exited the fund and ensuring timely processing and payment of all benefits;
Ensuring that appropriate contributions by members and the employer are recovered and sent to the Custodian within the stipulated time;
Ensuring annual statement of balances for members are prepared and submitted as appropriate;
Providing secretariat services to the Board of Trustees in management of staff superannuation schemes;
Overseeing the running of the superannuation schemes on a day to day basis;
Ensuring that rentals for the property are collected and submitted to the Custodian on time for immediate investment and conducting routine inspection of the property on quarterly basis to ensure proper management and maintenance by the Property Manager;
Overseeing the internal administration of the staff pension schemes and post-retirement medical fund in order to enable the beneficiaries of the schemes get their benefits as provided for in the Trust Deed and Rules;
Assisting the Board of Trustees and the Administrator in identifying the rightful beneficiaries and obtaining the required documents from the claimants/beneficiaries and submitting the same for payment of benefits as appropriate;
Making a follow up on implementation of the Board of Trustees resolutions;
Providing necessary awareness to the members of the Fund by organizing for members’ education fora and post retirement seminars for prospective retirees;
Organising members Annual General Meetings (AGMs) and ensuring that Annual Financial Statements are accurately prepared and circulated to members on time;
Ensuring the schemes are managed in accordance to the Trust Deed and Rules; and
Ensuring full compliance of all the legislative requirements by the Schemes.
Key Qualifications and Experience
Bachelor’s Degree in Actuarial Science, Economics, Finance, Insurance, Business Administration, Risk Management, Human Resource Management from a recognized institution
Professional qualifications where applicable
Membership to relevant professional body and in good standing
Understanding of pension laws and ability to interpret and give guidance on the same
Certification in Trustee Development Program Kenya (TDPK)
A minimum period of eight (8) years relevant work experience three (3) of which must be in managerial/supervisory position
Proficiency in computer applications
How to Apply
For more information and job application details, see; Kenya Airports Authority Manager – Pensions Jobs
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