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  • Posted: May 8, 2024
    Deadline: May 10, 2024
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    Zamara is a financial services firm that primarily offers Actuarial Services, Pensions Administration and Consulting and Insurance Brokerage Services. Zamara has been in the Kenyan Market for over 23 years, initially operating as Hymans Robertson and more recently as Alexander Forbes. Working at Zamara offers our people the opportunity to work for a Truly Pan-African Financial Services firm.
    Read more about this company

     

    Senior Administrator - Pensions

    Roles and responsibilities

    • Achieving Zamara’s ambitious strategic priorities will be complex and challenging. Its continued success will be dependent on building and retaining a world-class team.
    • The role holder leads a team of junior administrators/administrators in the management of pension schemes in line with the regulatory guidelines and SLAs in order to guarantee client satisfaction and retention
    • This role reports to the Manager, Operations & Administration.

    In more detail, the areas of responsibility include:

    Database Administration

    • Monitor team activity and coordinate workload in line with SLAs / trust deeds by organizing, prioritizing and making effective workload allocation.
    • Maintain computerized member records, dealing with updates for periodic events such as member statements, allocation of interest, pension increases and scheme / fund valuations for quality service delivery.
    • Identify issues with processes handled in teams and drive a process to find and implement solutions.
    • Support and assist the management team where required in all aspects of service delivery and business support for example, ad hoc projects, auditing, etc.
    • Review output administrator reports to ensure scheme data is readily available and error free.

    Client Service

    • Understand member requirements and make every effort to ensure the required standards are met.
    • Identify complaints at the earliest opportunity with a positive attitude, address the true root cause and implement effective corrective action(s) in order to prevent re-occurrence.
    • Provide effective and efficient service delivery to both internal and external clients.
    • Build and strengthen relationships, with internal and external clients.

    Operational Efficiency

    • Process and organize the payment of claims within 30 days in liaison with fund managers and custodians.
    • Take part in both internal and external audits.
    • Assist the scheme renewal process and manage dealing with queries arisen during the issuing of benefit statements as required.
    • Manage, review and amend work flow procedures in line with pension legislation and business requirements.
    • Support the team in operational service delivery in accordance with legislation, policy conditions, business rules and procedures and within the legislative / regulatory framework.

    Experience and personal qualities

    • Bachelor’s Degree in a Business-related field
    • Professional qualification in Actuarial / CPA / ACCA – added advantage
    • 5 years relevant experience
    • PMI an added advantage
    • Proficiency of the Admin system
    • Strong understanding of the Retirement Fund Rules
    • Strong knowledge of the income tax
    • Strong knowledge of the Pensions Industry
    • Proven technical knowledge of DC & DB pension scheme administration
    • Good communication skills
    • Team Player
    • Client Service Orientation
    • Diplomatic and sensitive
    • Responsible & accountable
    • Creative problem solver
    • Results oriented
    • Strong business sense
    • Good organizational skills

    Method of Application

    If your career aspirations match this opportunity, kindly submit your application exclusively through LinkedIn on or before 5:00 pm GMT, Friday, 10th May 2024.

    Interested and qualified? Go to Zamara Kenya on www.linkedin.com to apply

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