Britam – Corporate Pension Operations Associate (Contract).

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Job Purpose:

Undertake pension administration activities to support the achievement of business unit plan

Key responsibilities

  • Updating and reconciling pension collections from all channels ( Banks, M-pesa, DDA).
  • Posting member contributions
  • Suspense management in all pension collections and payments accounts.
  • Data cleaning and verification for new schemes loading and monthly updates
  • Administering and management of the Managed Retirement Funds [MRF]
  • Constantly liaising with service providers such as scheme custodians, Finance department and investment managers to ensure that set timelines are achieved in relation to compensation of member benefits,
  • Carrying out statutory compliance of pension schemes with both the Retirement Benefits Authority (RBA) and Kenya Revenue Authority (KRA)
  • Maintaining records of contributing members, deferred and current pensioners, provision of annual statements, registration of Scheme with Retirement Benefits Authority (RBA) and Income Tax (KRA)
  • Process withdrawals on the Administration system(Fund Master)
  • Perform any other duties as may be assigned from time to time
  • Key Performance Measures
  • As described in your Personal Score Card

Knowledge, experience and qualifications required

  • Bachelor’s Degree in business related field
  • At least one year experience in a similar position 2-4 years’ relevant experience in the insurance industry​​​​​​​
  • Technical/ Functional competencies
  • Knowledge of insurance regulatory requirements
  • Knowledge of insurance products
  • Understanding of the pension industry and administrative skills


Unposting Date

: 12-10-2021




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